AMAZING OPPORTUNITY! Own a sub-penthouse floor home in the most sought-after, SOLD OUT, development in Port Moody, 50 ELECTRONIC AVENUE! Centrally located w/ easy access to Rocky Point, Brewery Road, restaurants, shopping, cafes, parks & much, much more; you can't find a better setting in this thriving city! Boasting 938 sq ft; this 2 bed + den/2 bath home comes complete w/ Air Conditioning, premium kitchen Bosch high end appliance package, integrated fridge w/ ice maker, gas cooktop, venmar hoodfan, quartz counters, beautiful spa-like bathrooms, & much more! Tons of amenities at your disposal incl: fitness centre, media room, lounge, kids area, guest suite & dog wash station. 3 parking incl. (2 vehicle & 1 motorcycle) & 1 storage locker. ASSIGNMENT OF CONTRACT Est. Completion Summer 2023.More details
Listed by 170 - 422 Richards St. Vancouver, BC V6B 2Z4
From the moment you step inside this air conditioned, beautifully appointed brand new residence located just steps from the seawall in the coveted Beach District you will fall in love with the elevated feeling of a truly luxurious home that is complete with a PRIVATE double car garage! This exquisite home boasts one of the very best floor plans with a separate wing for the 2 bedrooms & office and the principal offering a spa like bath. The show stopper is the fully expansive and luxurious living & dining with its oversized wrap around deck that captures both water, mountain and city views! Luxurious marble countertops adorn the 4 seater breakfast bar perfect for entertaining with all cabinetry imported from Italy. The Chef kitchen features Full Size Sub Zero fridge separate wine fridge, Asko Dishwasher and Wolf gas stove top! Arguably the best building amenities the city has to offer with a stunning outdoor pool, sauna, steam, gym, and stunning outdoor lounge patio!More details
Super affordable contemporary home, with two mortgage helper, one two beds suite and one laneway house. Total monthly rental income could be up to $4000, with the owner lives in the main house comfortably. Exquisite craftsmanship and details, custom built home with 11’ ceiling on the main level, top kitchen appliances. Practical layout, central location. School catchment, David Lloyd George elementary and Churchill secondary school. Easy to get to anywhere in the lower mainland and the YVR airport.More details
Living Shangri-La. Jewel in downtown Vancouver developed by Westbank. Just one block from the city's lively business core and nearby Robson Street. Living Shangri-La is an easy stroll to downtown offices, shopping, fine dining restaurants, theatres, art gallery, Convention Centre and other cultural arts and entertainment venue beckon. This extensively renovated 2 bedroom unit is located on the high 40th floor with nice view of downtown. Hardwood flooring, motor blind system are extra features to the warm, relaxed interior and luxury finishes like granite countertop, Sub Zero fridge, and Miele appliances. 24 hour concierge. Show anytime.More details
VIEW VIEW VIEW ! WELCOME TO THIS STUNNING CUSTOM BUILT TOP QUALITY CONTEMPORARY LUXURY VIEW HOME. YOU CAN SEE THE 180 DEGREE CITY VIEW AND VILLAGE VIEW IN ALL UPSTAIR BEDROOMS ! Elegant design with grand high ceiling foyer. Main floor flows seamlessly and features grand open living spaces. Extensive use of floor to ceiling European made windows & doors. Custom Italian marble, gourmet kitchen with Miele appliances. Cherry wood floor with the glass railing staircase below modern LUXURY crystal chandelier. RARE FIND Corner bright VIEW lot in prime MacKenzie Heights area. Lovely garden and landscaping. Close to UBC, St George, York House, Prince of Wales Secondary and Lord Kitchener Elementary School. A MUST SEE AND OWN! HURRY, WON'T LAST!More details
AMAZING LOCATION! In the centre of DT Vancouver; this fully renovated, fully furnished 2 bed + den/2 bath corner unit is perfect for investors! Within steps to entertainment, restaurants, shopping, parks, recreation, SkyTrain, Amazon, Apple, Deloitte, Microsoft, Pacific Centre, BC Place, The Orpheum & much more... you can't find a better place to live w/ this much access! In the prestigious Capitol Residences, this home boasts 992 sq ft equipped w/ stainless steel appliances, high-gloss kitchen cabinets, granite counters, floor-to-ceiling windows, in-suite laundry, marble-cladded bathroom & marble flooring, waterproof vinyl flooring, 24-hr concierge, gym, recreation & meeting rooms, secured bike rooms & more! Pets & rentals welcome. 1 parking included. Building is wired for Fibre internet!More details
This home truly is one of a kind. Want to live in a waterfront community near the conveniences of Yaletown but crave the space of a house? This FULLY RENOVATED four bedroom townhome with huge games/media room offers you just that. Enjoy luxurious living in 2500 sq ft of interior space that has been completely redesigned with quality material and high end designer features throughout. Windows on both sides BRIGHTEN your open kitchen/living space with natural light. Entertain or plant a garden in over 400 sq ft of patio space, including a private rooftop & walk out terrace overlooking a beautiful pond & courtyard. Enter from a quiet cul-de-sac or through your own secure PRIVATE GARAGE. Ideally situated near Fresh St Market, cafes, & seawall, you do not want to miss this urban oasis.More details
Welcome to 302 at the renowned Silver Sea. Located at the Yaletown Waterfront in one of the most prominent and upcoming neighborhoods. Your own Private elevator access a to a sophisticated,completely redesigned and fully renovated residence with no expense spared. A bright, modern and warm 2 bed 3 bath featuring spa-like ensuites overlooking the ocean at False Creek. This home has been elegantly remodeled w/ a large European Kitchen featuring high-end Miele, Subzero and Wolf Appliances. Master Bed shows elegance and with ample custom closets and a divine Vandana Bain Ultra Spa. Integrated sound system, auto blinds, 2 secured parking stalls, secured bike room and private storage room. 2nd Elevator access for your Guests. Seawall promenade at your door step along with George Wainborn Park.More details
Enjoy panoramic city, ocean and mountain views from Coal Harbour all the way to English Bay. This bright, completely remodeled SUB-PENTHOUSE spans over 1,835 SQFT and features five oversized patios to take in the incredible views. One of only two residences on the 32nd floor, this thoughtfully designed 3 Bed & 3 Full Bath residence features many custom built-ins, including a large wine cellar, automatic blinds & radiant in-floor heating, and mood lighting. The expansive gourmet chef's kitchen is equipped with top of the line Miele, Sub Zero and Wolfe appliances. Complete with 2 underground parking stalls & 1 storage Locker. A short walk to the Coal Harbour seawall, shopping and all the best restaurants and cafe's.More details
The Vancouver House - one of Vancouver's most iconic buildings developed by world renowned Westbank Corp. This prized 05 two bedroom, three bathroom Estate Residence exudes quality and sophistication from every angle. Framing the unrivalled views, with over 40 linear feet of floor-to-ceiling windows to maximize the views and direct access to 235 square feet of terraces. This Estate epitomizes the idea of indoor-outdoor living. An L-shaped Boffi chef’s kitchen equipped with Miele appliances and a custom BIG-designed Corian island overlooks the grand salon and provides the ideal ambiance for entertaining. An intimate yet flexible library can function as a den, home theatre, or guest bedroom. This stunning 52nd floor Estate Residence is perfect for the most discerned buyers.More details
Exceptionally awe inspiring views of English Bay, the north shore mountains, downtown & False Creek from this prime suite in Vancouver’s new “The Pacific” by iconic Grosvenor. Be mesmerized by these views from the generous living space and all 3 bedrooms. The kitchen has a 12’ long island, cabinetry by Snaidero of Italy, appliances by Sub-Zero, Wolfe & Miele. The 3 full bathrooms are an expanse of marble on the walls and across the heated floors. They are outfitted with sleek wall mounted fixtures and wall mounted toilets. Possibilities for the Flex room are pantry, office or extra storage. The amenities include 24 hr concierge, well appointed lounge, terrace, gym & entertainment area. Steps to beaches, parks, restaurants, shops. Included: AC, 2 parking (1EV), 1 storage and 1 bike locker.More details
NEW TO MARKET!! Never before released by the developer, this PENTHOUSE has the BEST views the North Shore has to offer. Imagine taking in the sunset everyday and having unobstructed, 270º Panoramic City, Ocean, Stanley Park, Lion's Gate Bridge & mountain views out of your 18FT, floor to ceiling windows! This spectacular home offers 1,700+ SF of living space, generous patio off the living room plus private living room size rooftop patio which includes hot tub, outdoor kitchen, BBQ, fireplace & grass area. This property is over 3000SF of total living space! Top of the line features include Wolf appliances & Sub Zero fridge, wine fridge, A/C, electric blinds, home entertainment system & private elevator. Spacious M/B offers a 5-piece ensuite & walk-in-closet and black out blinds. Bonus office space with a view! Private 3 car garage & storage included. BREATHTAKING! Live above Whole Foods, Everything Wine, steps to a variety of restaurants and the pulse of Lonsdale! Open House Sun Oct 24th 2-4pmMore details
Data was last updated March 23, 2023 at 11:10 PM (UTC)
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
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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! 📲📩