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I have sold a property at 3268 HEATHER ST in Vancouver.
The Douglas Park townhouse that you have been waiting for. These rarely come on the market! This thoughtfully laid out 2 level, 2 bedroom townhouse is move in ready. Updated flooring and S/S appliances in a fully RAINSCREENED worry free building. Enjoy your own spacious West facing patio, an open concept kitchen/living room and a bathroom on the main floor. A gas fireplace makes the living room nice and cozy during the winter months or leave your door open and enjoy your private patio in the summer. Head upstairs to find 2 generous bedrooms, a den and a cheater ensuite. Located steps to Douglas Park and a quick walk to the Cambie corridor to hop on the Canada Line. Parking and Storage included. Call to view.
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I have listed a new property at 5192 2601 37TH AVE, AVE E in Vancouver.
Norquay park garden. 1 townhouse complex. Close to park, transit central located. Minutes to downtown. Quality finished flooring, tiles quartz granite, metal roof, 3 balcony, stainless steel appliances and lots more. Call for more info.
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I have listed a new property at 2 1266 6TH AVE W in Vancouver.
Stunning townhouse residence at Camden Court. This popular Fairview location is just steps from restaurants, trendy shops, cafes, public transportation and GRANVILLE ISLAND! Measuring at over 1200SF of recently renovated living space, this two bedroom, three bathroom open-concept home is perfect for entertaining family and friends. Fantastic open living space features brand new laminate flooring throughout, tons of natural light, and quality finishings. Offering terrific and sizable bedrooms both with tastefully updated full ensuite bathrooms. This townhome offers cityscape views with a beautiful North exposure. BONUS one locker and one parking! Open House: Thursday, Aug 25th 3-5pm, Sat 27th and Sun 28th from 2-4pm
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I have listed a new property at 2405 HEATHER ST in Vancouver.
Westside architectural excellence! Built in 2013 by the development team of Living Shangri-La, Fairmont Pacific Rim & Woodward's - Westbank & Peterson Group. Luxurious interiors by award winning MGB Design and iconic building design by Henriquez Partners Architects. Large two level townhouse featuring generous living area opening into gourmet kitchen with fully integrated European appliances. Upstairs features bedroom with large main bath across along with large master with spa-like ensuite. Floor to ceiling windows, oak hardwood flooring, roller blinds, alarm system & radiant heating/cooling system. Pets and Rentals allowed and 1 parking included. Super solid investment. This gorgeous light filled unit has it all! Steps to VHG, Whole Foods, transit and minutes to downtown. Open Saturday Aug 27th 2-4!
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I have listed a new property at 1002 4028 KNIGHT ST in Vancouver.
Welcome home to King Edward Village. This 8 year old 2 bed 2 bath corner home has a very efficient layout, large balcony and spectacular VIEWS! The open living/dining/kitchen is perfect for entertaining. The spacious kitchen has granite countertops, great appliances and a breakfast bar. The large master bedroom has direct access to the patio and 4 piece ensuite. The Second bedroom is on the opposite side of the home, making a perfect floorplan! One underground parking and a storage locker. This well built building is central to everything, 10 minutes to Downtown/Metrotown and 15 minutes to the airport. Owner occupied but rentals are allowed making this a sound investment. Preview Thurs 25th 6-7pm, OH Saturday 27th 1-4pm.
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I have sold a property at 1006 550 Taylor ST in Vancouver.
Exclusive Listing! Not found on MLS... This 1 bed and den home is perfect for young professionals that want to be close to the action or investors that want a worry free building that will always demand huge rent. Great layout and even better views. Wake up to the North Shore mountains out of your living room and bedroom every day. Parking and Storage included.
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I have listed a new property at 3268 HEATHER ST in Vancouver.
The Douglas Park townhouse that you have been waiting for. These rarely come on the market! This thoughtfully laid out 2 level, 2 bedroom townhouse is move in ready. Updated flooring and S/S appliances in a fully RAINSCREENED worry free building. Enjoy your own spacious West facing patio, an open concept kitchen/living room and a bathroom on the main floor. A gas fireplace makes the living room nice and cozy during the winter months or leave your door open and enjoy your private patio in the summer. Head upstairs to find 2 generous bedrooms, a den and a cheater ensuite. Located steps to Douglas Park and a quick walk to the Cambie corridor to hop on the Canada Line. Parking and Storage included. Call to view.
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Please visit our Open House at 3268 HEATHER ST in Vancouver.
Open House on Saturday, August 13, 2016 2:00PM - 4:00PM
The Douglas Park townhouse that you have been waiting for. These rarely come on the market! This thoughtfully laid out 2 level, 2 bedroom townhouse is move in ready. Updated flooring and S/S appliances in a fully RAINSCREENED worry free building. Enjoy your own spacious West facing patio, an open concept kitchen/living room and a bathroom on the main floor. A gas fireplace makes the living room nice and cozy during the winter months or leave your door open and enjoy your private patio in the summer. Head upstairs to find 2 generous bedrooms, a den and a cheater ensuite. Located steps to Douglas Park and a quick walk to the Cambie corridor to hop on the Canada Line. Parking and Storage included. Call to view.
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Please visit our Open House at 3268 HEATHER ST in Vancouver.
Open House on Sunday, August 14, 2016 2:00PM - 4:00PM
The Douglas Park townhouse that you have been waiting for. These rarely come on the market! This thoughtfully laid out 2 level, 2 bedroom townhouse is move in ready. Updated flooring and S/S appliances in a fully RAINSCREENED worry free building. Enjoy your own spacious West facing patio, an open concept kitchen/living room and a bathroom on the main floor. A gas fireplace makes the living room nice and cozy during the winter months or leave your door open and enjoy your private patio in the summer. Head upstairs to find 2 generous bedrooms, a den and a cheater ensuite. Located steps to Douglas Park and a quick walk to the Cambie corridor to hop on the Canada Line. Parking and Storage included. Call to view.
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I have sold a property at 1505 550 TAYLOR ST in Vancouver.
Views! 180 degree views of water, mountain and city. The most desirable unit in the most worry free building in the heart of Crosstown. This well planned 1 bedroom and den layout provides ample room for storage and living. A generous outdoor patio overlooks Gastown and allows space for a BBQ and furniture. BONUS- Owners have had custom closets built in to maximize storage. Steps to Costco, TNT, International Village and the sky train make this location perfect for owners or investors. Owner occupied and well maintained this home truly won't disappoint. It comes with parking, storage and access to the gym and party room. Call to view!
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Summer is a time of weddings, bbq's, trips, time outdoors, patio pops and overall fun times.  Summer is definitely my favourite time of the year and I love being outside in Vancouver and enjoying everything that this city has to offer.  With that being said it seems our media coverage has been more about new real estate rules than anything.  I am going to take a minute to touch base on one of the main topics that we have seen in the recent weeks in Vancouver.  


As most of you have probably heard the government has made some changes in an attempt to cool off demand in the Vancouver housing market.  They have implemented a 15% tax on all foreign buyers which was active as of August 2nd.  They also do not appear to be grandfathering any of the contracts that were written prior to August 2nd.  What this means is that if a foreigner agreed to purchase a property prior to August 2nd and the completion date was after August 2nd then they are now going to be facing an additional 15% on top of all other fees that were in there previous agreement.  This is causing all sorts of emotions from buyers, sellers, renters and agents.   There are reports that are showing a variety of opinions.  From my conversations most people are shocked and disappointed in the government for not taking into account those with pre-existing contracts but understand and have accepted the new tax moving forward.  Most people think buyers will find loopholes and that we won't see much of a shift.  

What have I seen?  Well I agree with those that are disappointed that previous contracts are not being held to the same tax laws as when they were agreed upon.  It has impacted a few of my clients and it really doesn't seem like a "Canadian" way of doing business.  Only time will tell what this tax will do to the economy and the real estate market.  In the past week I have seen more deals collapse due to uncertainty than I have seen in the last year.  I don't expect this to continue, but I don't blame buyers who have become nervous when the government enacted a significant tax at a moments notice. 

We hear the term "affordable housing" almost daily in the news.  What price point constitutes "affordable housing"?  Is a 15% tax going to bring Westside homes down enough in value to make them "affordable"?  The average house on the Westside sold for over $3.5 Million in June.  For this number to become affordable to most 9-5 workers in Vancouver we will need to experience a full blown recession.  I am not convinced that a 15% tax on foreign buyers will do this, but again... time will tell.

One thing that I am seeing are buyers looking to assign their pre-sale contracts before completion as they are wanting to get out of this tax burden.  If you are looking to pick up an investment property this could be a new alternative for local buyers.

Here is a great article breaking down the new tax:

http://www.rew.ca/news/real-estate-deals-collapse-as-foreign-buyer-tax-takes-effect-local-agents-1.2314546

 

Overall I expect August to show lower than average stats.  I expect the tax to cause buyers and sellers to put a slight pause on their plans to see how things shake out.  I don't expect a massive fallout in prices but the media will point to changes in the market which will add to the uncertainty.  Only time will tell how this all plays out...

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I have listed a new property at 214 4723 DAWSON ST in Burnaby.
Great 2 bed plus 2 full bath home at Polygon's highly sought after "Collage". Gas cooktop, renovated floors and appliances, and a spacious layout makes this unit move in ready or the perfect investment. Large walk in closet in the master bedroom, open concept kitchen/living room and an oversized patio looking over the expansive green courtyard. Perfectly located within walking distance from grocery stores, SkyTrain and Brentwood mall. 2 PARKING STALLS, 1 Storage locker, in a rental and pet friendly building. This home truly checks all of the boxes. Call listing agent for showing times.
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Please visit our Open House at 214 4723 DAWSON ST in Burnaby.
Open House on Saturday, August 6, 2016 2:00PM - 4:00PM
Great 2 bed plus 2 full bath home at Polygon's highly sought after "Collage". Gas cooktop, renovated floors and appliances, and a spacious layout makes this unit move in ready or the perfect investment. Large walk in closet in the master bedroom, open concept kitchen/living room and an oversized patio looking over the expansive green courtyard. Perfectly located within walking distance from grocery stores, SkyTrain and Brentwood mall. 2 PARKING STALLS, 1 Storage locker, in a rental and pet friendly building. This home truly checks all of the boxes. Call listing agent for showing times.
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Please visit our Open House at 214 4723 DAWSON ST in Burnaby.
Open House on Sunday, August 7, 2016 2:00PM - 4:00PM
Great 2 bed plus 2 full bath home at Polygon's highly sought after "Collage". Gas cooktop, renovated floors and appliances, and a spacious layout makes this unit move in ready or the perfect investment. Large walk in closet in the master bedroom, open concept kitchen/living room and an oversized patio looking over the expansive green courtyard. Perfectly located within walking distance from grocery stores, SkyTrain and Brentwood mall. 2 PARKING STALLS, 1 Storage locker, in a rental and pet friendly building. This home truly checks all of the boxes. Call listing agent for showing times.
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