Welcome to District Crossing - Built by award-winning Qualex-Landmark. Located in North Van's most centralized neighbourhood, providing convenient access to all your essential needs. This unit features a fantastic open floor plan with a spacious chef's kitchen equipped with SS appliances, quartz countertops, plenty of cabinet space, and a generously sized island perfect for entertaining. This unit also includes a walk-in closet, in-suite laundry, and an over 70sf private balcony offers stunning views of the lush greenbelt. Its proximity to Park Royal, Lonsdale Quay, eateries, trails and mountains make it ideal for individuals looking for the North Shore lifestyle. This property is also great for commuting to the Downtown core via public transit.More details
Absolutely immaculate 1 bedroom apartment in ‘Anderson Walk’ by Polygon Homes. This main level apartment features granite counters, stainless appliances with gas cooktop, in-suite laundry, cozy electric fireplace & a generous above ground covered sundeck for bbq’ing! Great floor plan with 9’ ceilings. In-floor radiant heat is included in strata fees along with 1 parking and a storage locker. 2 Pets welcome & rentals allowed, amenities include nicely equipped gym, meeting room & a guest suite. Close to new NV Rec centre (currently under construction). This suite is wheelchair assessable. You will love this location close to skiing, hiking, biking & golf. Be quick on this one!More details
Welcome to “Park West” North Vancouver's new Lions Gate Village community. This spacious 1 bedroom and a Den (Junior 2 Bd) in the newly built air-conditioned concrete tower offers luxurious modern interiors: over-height ceilings, hardwood flooring, quartz countertops, Miele appliances, and a generous size balcony with views of Mountain, and the City. The unit comes with one parking stall and a storage space. The complex offers resort style amenities such as a pool and hot tub, an outdoor kitchen and BBQ area, a fully equipped fitness facility, formal dining room, professional-grade kitchen & guest suite. Great location for both living and investment! Book your private showing today.More details
Beautiful 2 bed and DEN Corner unit in the luxurious Park West development in North Vancouver. The ACE of TOWER 2. Fully Air Conditioned, with 9' ceilings, engineered hardwood floors, quartz counter tops, Miele kitchen appliance packages with gas cooktops, this unit is simply elegant. Park West's resort-style amenities include an outdoor pool, expansive pool deck, BBQ area, fitness facility, formal dining area with professional grade kitchen, piano lounge and guest suite. Perfect Location, Close to Everything. Easy commute to Downtown, and Park Royal shopping Centre. With year round adventures trails & close to Grouse Mtn. Open house Sunday march 26, 2-4 pm.More details
Discover Polygon's Promenade at The Quay, the most coveted building in LoLo. Beautiful newly constructed contemporary residence offering 914 sqft, 2 Bed 2 Bath home features open concept interior with an enormous almost 400 sqft, fully covered SW facing balcony offering views of the City, Ocean and Shipyards. Premium engineered wood floors, gourmet kitchen w/ integrated appliances, marble backsplash & large counter/eating bar. Luxurious spa inspired ensuite w/ rain shower head & built in bench, integrated medicine cabinet & smooth marble throughout. Step outside your door to Seabus, fine dining, shopping & extensive biking/walking paths. Amenities include concierge, fitness centre, lounge, outdoor entertaining area & dog washing station. 1 Parking + 3 Storage. Rentals & Pets allowed.More details
Rare SOUTH & EAST facing CORNER unit. TOP FLOOR of attached wing facing quiet courtyard & garden . Approximately 5 minute WALK to Joyce Skytrain Station and buses. I EXTRA-LARGE storage locker and 1 underground parking space. PLAYGRO UND downstairs.More details
Updated 2 story WATERFRONT condo, This 2 Bed, 3 Bath is located directly on the seawall at the new Beach Side District. Steps to the marina, Sunset Beach, Granville Island, and all of the shops/amenities. A very large home features two bedrooms & two bathrooms downstairs, plus full laundry room. Main floor incl. kitchen, dining & living room, powder room, SW-facing balcony, & home office/flex area. Updates include H/W floors throughout, modern appliances, gas fireplace and more. Amenities: 24hr concierge/security, recreation facility with indoor pool, gym, squash court, hot tub, & sauna. Enjoy beautiful sunset views of the marina and Burrard St bridge. Large locker and TWO side by side parking spots. Please contact to arrange your private showing.More details
One bedroom + flex at Second & Main, situated on the border of Mount Pleasant and False Creek. This immaculately kept unit boasts a north-facing view capturing city and mountain landscapes. The open-concept living area offers an airy feel. Ample storage space throughout the unit makes it easy to keep organized and tidy. Take advantage of the two rooftop community kitchens and shared rooftop gardens, perfect for hosting intimate gatherings. The lounge room, complete with a full kitchen, is another great space for entertaining. Stay active and healthy with access to the fitness facility, or take a stroll towards Olympic Village for incredible restaurants, shops, and views of False Creek & Downtown Vancouver.More details
800 sf sub-penthouse loft in the heart of Mount Pleasant, on the quiet side of the building. This 1995 concrete building is quite simply as solid as they come. Square footage for this price, in this location, does not come along often. Enjoy your fourth floor view overlooking a small community park with great shops and restaurants just steps away. Notable features : pet friendly (one dog or one cat), Airbnbs allowed, includes a great parking spot close to elevator, south facing exposure with large windows/sliding doors leading to your Juliet balcony, low strata fee, very well maintained building and capable strata, building has a great vibe with friendly residents, unit comes with a in-unit closet & utility shelving, common rooftop deck w mountain & city views. Open house Sat & Sun 1-4 pmMore details
Exquisite, fully renovated, massive 1 bedroom plus den unit located in the heart of Quilchena. Boasting elegant finishes and a spacious layout, this stunning property offers the perfect balance of comfort and luxury. Enjoy new drywall, paint, leveling & laminate flooring throughout the unit. Kitchen has been completely redone with brand new stainless steel appliances, custom shaker cabinetry with tons of storage, quartz countertops with an extended overhang, a beautiful tile backsplash, and extra wide opening for tons of light. Stunning bathroom surrounded by elegant tile from top to bottom, new tub, new fixtures and more custom cabinetry with a bonus double vanity. Spacious bedroom w/ new closet organizers and zebra blinds throughout the unit. comes with 1 parking & storage locker.More details
Welcome to Venus in Coal Harbour. This home has been renovated and customized to fit any homeowners needs! The kitchen updated with a gourmet chef's kitchen, with a full Miele appliance package; gas cooktop, convection oven, speed oven and dishwasher. A custom panelled Leibherr fridge that is built into the wall to save space, granite waterfall countertops, soft closing cabinets throughout, and Cifial plumbing hardware. This home also has custom remote controlled roller blinds, engineered oak hardwood flooring, and immaculate city views. The building is well maintained and offers amenities such as an indoor pool, exercise centre and concierge service. Book your showing today as you don't want to miss out on this opportunity! Open House: Sun, March 26, 2-4 PM.More details
Binning Tower by well-known developer Wall Group Companies & designed by award-winning IBI Group Architects, nestled next to the Pacific Spirit Park within the vibrant community of Wesbrook at UBC. Executive 3 ensuites + 1 flex room which can be used as a bedroom, office, or dining room of your own choice. SW-facing floor-to-ceiling windows provide ample light and offer spectacular views of mountains and oceans. European gourmet kitchen w/integrated high-end Gaggenau appliances including 5 burner gas range, double wall ovens & premium wine fridge, quality hardwood flooring, marble & quartz countertop. Walking distance to Wesbrook Village, Pacific Spirit Regional Park, U-Hill Elementary & Secondary, shops, and restaurants. Amenities include a lounge, conference room, library & gym.More details
Data was last updated March 23, 2023 at 11:10 PM (UTC)
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JUST LISTED!! 🎈🎈🎈 518 - 50 Electronic Avenue, Port Moody $819,900 938 sq ft ✨✨✨ AMAZING OPPORTUNITY! Own a sub-penthouse floor home in the most sought-after, SOLD OUT, development in Port Moody, 50 ELECTRONIC AVENUE! Centrally located with easy access to Rocky Point, Brewery Road, restaurants, shopping, cafes, parks and much, much more; you can`t find a better setting in this thriving city! Pets and rentals allowed! ASSIGNMENT OF CONTRACT. Estimated completion in the Summer of 2023.
▪️2 bed + den ▪️2 bath ▪️Air conditioning ▪️Bosch high-end appliance package ▪️Integrated fridge with ice maker ▪️Gas cooktop ▪️Quartz counters ▪️Spa-like bathrooms ▪️Tons of amenities incl: fitness centre, media room, lounge, kids area, quest suite & dog wash station ▪️3 parking stalls (2 vehicle & 1 motorcycle) ▪️1 storage locker ▪️...and much, much more!!
👌🌟🎉 Don`t miss this opportunity!! Message me for more details! 📲📞📩
On January 1, 2023 the Federal Government introduced a new anti-flipping tax measure that will impact individuals looking to sell their homes or residential rental properties. This new law will apply to property sold on or after January 1, 2023.
The new measure will tax the profits of a home or rental property that has been held for fewer than 12 months before sale as business income. However, if you sell your property because of a change in life circumstances, you may be eligible for an exception from this tax.
WHAT CLASSIFIES AS FLIPPING?
Property flipping is when a home seller (the “flipper”) purchases a home and sells it within a short period of time with the intent of making a profit over the original purchase price. In some cases the flipper will renovate the property in an attempt to maximize the property’s resale value, though this is not strictly required to meet the definition of flipping.
WHY WAS THIS IMPLEMENTED?
The new anti-flipping tax measures are intended to ensure profits from these types of sales on homes & rentals are subject to full taxation as business income. The new measures aim to reduce speculative demand, which aims to bring down the high cost of the housing market and make housing affordable for more Canadians.
WILL IT WORK?
In my opinion, no! In 2021, Foreign buyers made up 1.1% of home sales in BC. Yes, we were in the middle of a pandemic and borders weren`t fully open, but home prices still surged during this time. It`s simple economics; there aren`t enough homes to fulfill the demand of active buyers and new residents entering our province. The Provincial and Federal governments can implement laws to slow the market for short periods, but until we can build enough homes for this demand, we will always end up right where we started!
For more details or for any questions, hit me up! I`m always here to help! 📩📲📞
JUST SOLD!!! 🎈🎈🎈 4075 Shone Road, North Vancouver $1,975,000 2,004 sq ft 7,381 sq ft lot ✨✨✨ Congrats to my buyers and wonderful friends for the purchase of their new home! This market has been tricky to navigate as rates continually increased, but inventory decreased as well. This was all about timing and this home came at the perfect time! So excited for you guys to write the next chapter of your family`s story. 🏙️🌇🌃 The perfect family home in the perfect family neighbourhood. This custom built executive home has been lovingly renovated and features 3 bedrooms and a den, 2.5 baths, a gourmet kitchen with stainless steel appliances and a stunning backyard. The large and sunny, south facing flat lawn is fully fenced in, with a privacy hedge, a large concrete patio perfect for both entertaining and sports, and a separate fenced dog run. Within 400m to Dorothy Lynas Elementary with its playgrounds and parks, 800m to Seycove Secondary, and close to St. Pius X, Parkgate Centre with shopping, community center and library, and Deep Cove. 🎉💰😮 Need help buying or selling your home??? Don`t be shy, I`m here to guide you through the process! 📲📞📩
Market Update - January 2023 📈📈 Coming out of the holiday season, January remained quiet as sellers and buyers were awaiting the upcoming Spring market. January sales did fall about 55% vs last year and compared to December 2022, sales were down about 21% bringing the month`s sales 42.9% below the 10 year average. 🏙️🏡 Though sales were down again, new home listings were also down by 20.9% compared to January last year, but rose about 173% vs last month. Although a large increase vs December, there is still a lack of inventory, which has already played a big role as we are starting to see multiple offers on homes outside the city.
The condo market saw sales fall in all areas in Greater Vancouver. Benchmark pricing went down by 1.1% from January 2022 and pretty much held, down only 1% versus last month. Over the past year, condo sales were down 56.6% vs January 2022.
Benchmark pricing for townhomes and 1/2 and actually increased by 0.8% over last month and had a 3% decrease over January 2022. Sales for these property types also decreased over 55.2% vs last year.
Detached homes also fell about 9% in benchmark pricing from January 2022 as sales also decreased over 52.6% during that time period. Over last month, benchmark pricing was down only 1.2%, as homes are starting to flatten as inflation starts to recede. 💸💸 February activity has seen a huge jump, especially outside Vancouver where larger corrections occurred. Mortgage rates just increased, but will now stabilize so we should see an influx of buyers jumping back into purchase mode. The latest rate hike was .25% which will again affect consumers` buying power, but the market activity has spiked and we anticipate it will continue to strengthen! With the new immigration policy implemented for the next 2 years welcoming more permanent residents to Canada, this demand will continue to increase so new inventory is needed ASAP to fulfill the demand! 📈📈 Message me to chat about your options or go to www.vancity4sale.com to search for homes! 📲📩
For a period of two years starting January 1, 2023, non-Canadians are banned from purchasing homes in Canada under the definition of “residential property” indicated in the legislation and associated regulations that the federal government published on December 21, 2022.
How does the Foreign Buyers Ban Impact REALTORS®?
REALTORS®, along with lawyers and notaries, have an obligation to inform their clients. The legislation does not rely on REALTORS® to enforce the prohibition. However, REALTORS® who knowingly assist a non-Canadian in contravening the prohibition can be found guilty of an offence and liable on summary conviction to a fine of up to $10,000. Importantly, REALTORS® do not have any information collection, processing or reporting requirements. REALTORS® should still engage in due diligence as a measure of risk mitigation. To support REALTORS® with their due diligence, the Canadian Real Estate Association (CREA) has developed a certificate: Certification and Consent of Purchaser.
The certificate should be completed before assisting or advising a potential purchaser and it should be used in combination with other due diligence practices. Such practices may include reviewing and keeping a record of the purchaser’s valid and current identification (such as a passport) to determine the purchaser’s citizenship, residency or exempt status.
The key difference between the completion of this certificate and the Know Your Client FINTRAC Regime’s requirement to ID your client at the time of transaction is that with the Foreign Buyers Ban, REALTORS® should ID clients before assisting or advising them on the purchase of a property.
Exceptions exist for international students, temporary residents, specifically exempted foreign nationals and refugee claimants, subject to varying conditions, such as tax filing and residency obligations.
Posted by British Columbia Real Estate Association
Market Update - December 2022 📈📈 Traditionally a slower time of year, December remained quiet for the holidays and more sellers are deciding to wait it out as December sales fell about 52% vs last year. Compared to November 2022, sales were down about 20% bringing the month`s sales 37.7% below the 10 year average. 🏙️🏡 Though sales were down, new home listings were down as well by 38% compared to December last year and fell about 60% vs last month. The lack of inventory will play a big role in the upcoming months if things remain the same. 🌆🏠 The condo market saw sales fall in all areas in Greater Vancouver. Benchmark pricing is still up 1.7% over December 2021 and pretty much held, down only .9% versus last month. Over the past year, condo sales were down 52% vs December 2021.
Benchmark pricing for townhomes and 1/2 duplexes decreased by 1.5% over last month and a .2% decrease over December 2021. Sales for these property types also decreased over 52% vs last year.
Detached homes also fell about 5% in benchmark pricing from December 2021 as sales also decreased over 53.3% during that time period. Over last month, benchmark pricing was down only 1.8%, as homes are starting to flatten as inflation starts to recede. 💸💸 January activity has seen good momentum, especially in larger homes. Mortgage rates just increased again in late January 2023, so we should see an influx of buyers frantically speeding up their searches to get in. The latest rate hike was .25% which will again affect consumers` buying power, but it seems we are at the end of increases. If this is the case, we could see market activity spike! With the new immigration policy implemented for the next 2 years welcoming more permanent residents to Canada, this demand should prevent certain areas avoiding larger corrections as rates flatten and interest begins to ramp up. 📈📈 Message me to chat about your options or go to www.vancity4sale.com to search for homes! 📲📩