R E A L E S T A T E W E E K L Y

MAPLE RIDGE PITT MEADOWS FRIDAY, JANUARY 9, 2015info@rew.ca • 604-435-7977

GO TOREW.CA /NEWS

TO READ THESE STORIESAND MUCH MORE REAL ESTATE

NEWS AND ADVICE

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Buying a New One?

Your Best Ever Winter Garden – To-Do List and

Hardy Plants

Buying a Condo? The Lowdown on Strata

Corporations

What can we expect from the real estate market,

house prices and mortgage rates in the coming year?

Here, REW takes a look at some key predictions for

2015.

HOUSING DEMANDFuelled by both population and employment growth,

the Canada Mortgage and Housing Corporation (CMHC)

is painting a fairly rosy outlook for the region’s residen-

tial housing market in 2015 and into 2016.

“Housing demand is on the rise due mostly to a

majority of new immigrants settling in the Vancouver

region,” says Carol Frketich, CMHC’s BC regional econ-

omist. “We are also seeing improved growth in income

and jobs.”

RE/MAX also issued a 2015 forecast in December

2014. It said, “After losing multiple off er bids for

detached houses … buyers may become more hesitant

to continue their pursuit of buying a detached home

in 2015. However, as those potential buyers move

to the sidelines and wait for the market to stabilize,

the pipeline of demand for the region will continue

to grow.

HOME SALESCMHC forecasts that housing sales in the Metro

Vancouver area will drop only very slightly to 32,350

units in 2015, down from 32,800 this year but still

above the 15-year average of about 31,300 sales.

RE/MAX also projected that in Greater Vancouver,

the number of unit sales “should remain largely the

same [as 2014].”

HOUSE PRICESCMHC is predicting the average overall home price to

rise 1.2 per cent to $821,000. But RE/MAX has a more

bullish prediction of a 3 per cent rise for house prices

in Greater Vancouver.

Larger rises still are predicted for Kelowna, which is

expected to see a 7 per cent increase in house prices,

and Victoria, where homes are forecast to rise by 4 per

cent.

HOUSING STARTSHousing starts in Metro Vancouver are expected to

hit 18,700 in 2015, down from a predicted 18,900 for

2014. They are expected to recover to 19,250 in 2016.

“Although housing starts are expected to dip slightly

in 2015, overall the Vancouver housing market is quite

stable,” says Robyn Adamache, CMHC senior market

analyst. “Total housing starts will edge higher as resale

market conditions remain stable.”

INTEREST RATESHistorically low interest rates have bolstered the

Vancouver and BC real estate markets in 2014, and

the CMHC economists are among many to predict that

demand and sales could soften slightly towards the end

of 2015 when the anticipated rate increases take eff ect.

Frketich says, “In late 2015, housing demand will be

tempered by rising mortgage interest rates.”

However, the CMHC’s Housing Outlook report claims

this will not be signifi cant. It says, “Gradual increases

in mortgage rates from historic lows are not expected

to signifi cantly impact housing demand.”

•2 REW.ca » MAPLE RIDGE / PITT MEADOWS » FRIDAY JANUARY 9, 2015

“FOR OUR OPEN HOUSES VISIT WWW.DANNYANDCLAUDIO.COM”

Brookside Realty 11933 224th Street Maple Ridge

AFFORDABLE FRASERVIEW!117 22514 116TH AVENUEUPDATED!

FRASERVIEW VILLAGE

• 759 s f one bdrm• ROOF - 6 YRS OLD• Unit close to elevator• WHEELCHAIR ACCESS• GROUND LEVEL• PET FRIENDLY• Walk to town

$149,900

2 LEVEL CONDO......101 22722 LOUGHEED HWY1572 SF/2 BEDRM

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• 2 level corner unit• 1572 square feet• Overlooks greenbelt• 2 bdrm + den/2 bath• game/family rooms• Secure parking• Ground level/corner

$234,900BEST LOCATION IN COMPLEX!

40 11757 236TH STREETEND UNIT

GALIANO

• 3 bdrm ~ 3 bath• 1505 s. f. 2 storey T/H• NEW ROOFS/GUTTERS/EXT PAINT• South facing backyard• Baths newly reno’d• Large cedar deck• Minutes to all amenities

$319,900

VIEW & WALK-OUT BSMNT!2 - 23233 Kanaka Way3 level T/H

RIVERWOODS

• 4 brms/4 baths T/H• WALK-OUT basement• 4 car parking!• VIEW OF KANAKA CREEK• 2 covered balconies• walk to Kanaka Creek Elem• Minutes to all amenities

$379,000HANDYMAN SPECIAL!

12084 232nd Street31668 S F LOT!

NEW PRICE!!!

• 4 bedrooms• Ranch-style w/loft/bsmnt• 1396 sq ft + 925 sq ft bsmnt• Small stream at back• Homes needs lots of TLC• Minutes to all amenities• Minutes to Schools

$334,900

RANCHER W/LOFT AND BSMNT22726 HOLYROOD AVENUEGREYSTONE

NEW PRICE!!!

• 4 bdrms ~ 3 baths/A/C• 4189 sq. ft./ .28 Acre• Huge games room 18 x 20• Master on main fl oor!• Backs onto greenspace• GREAT backyard!!!!• Blocks to all amenities!

$729,000

MEADOW LANES ESTATE49 12268 189 A STREETDOUBLE GARAGE

PITT MEADOWS

• 3 bed/3 bath• 1486 s f two level• 4’ dry crawlspace• DOUBLE GARAGE• 2 PETS ALLOWED• Walk to schools• Convenient location!

$369,000

SOMMERVILLE GARDENS47 23085 118TH AVENUEOUTRAGEOUS VALUE!

NEW ROOF!

• 3 bdrm ~ 2 bath• 1319 s. f. 2 storey• CORNER UNIT• Fenced yard w/patio• PET FRIENDLY!• Recently updated• Minutes to amenities.

$269,900

CREEKSIDE VILLAGE33 22411 124TH AVENUEIDEAL LOCATION

GREAT FENCED YARD!

• 3 bdrm ~ 2 bath• 1350 s. f. 3 level TY/H• FAMILY/PET FRIENDLY• NEWER appliances• Well run complex• Easy care laminate fl ooring• Minutes to all amenities

$249,000

2 STOREY W/UNFIN BSMNT10666 - 248TH STREETHIGHLAND VISTAS

MAPLE RIDGE

• 3 bedrooms ~ 3 baths• 2954 s f 2 storey• Unfi nished basement• Lane access• GREAT ROOM fl oor plan• Bright and open• Flex room PLUS den

$454,900

Brookside RealtyChad August

chadaugust@shaw.ca

604.318.5254604.318.5254WWW.CHADAUGUST.COMWWW.CHADAUGUST.COM

BEST OF BOTH WORLDS DETACHED IN A STRATA• 2072 sqft 4 BED 3 BATH• Very large south facing yard• Steps to village and waterfront

OPEN SUNDAY 2-4PM#19-19490 FRASER WAY

$524,900$524,900

NEW LISTINGNEW LISTING

• 3 bedroom, 2 bath • Newer windows, awnings, Natural Gas Fireplace

#268 201 Cayer St. • $94,900

NEW LISTINGNEW LISTING

WALK TO METROTOWN • #304 6715 Burlington

• 2 bed, 2 bath, In suite laundry

• Great building lots of updates

mls V1090989$269,900$269,900

1 BEDROOM APARTMENTSIN MAPLE RIDGE

From 600sq ft – 1075 sq ftsome waterfront homes still remain, walk to west coast express

www.lifeatriversedge.com

Rivers Edge • 11580 223rd St.

From $162,900-299,900

CASCADA • 11566 224th Street

#207 1 bed + den 695sq ft $229,900 #209 2 bed + den1054 sq ft $269,900#107 2 bed + den847sq ft $259,900

All prices include gst, move in immediately

LARCH AVENUE HEIGHTS From $449,900

Brand new 2storey + bsmt homes, Basement entry. Rowhomes and duplex style homes.

www.lifeatlarch.com

V1090989V1090989

11580 223rd St.Maple Ridge, BC

Chad August604-318-5254Jim Isherwood604-250-7755

All suites available for Viewing, Maple Ridges Best Value in Apartments

590-1075 sq ftLarge Spacious KitchensModern Stylish Design

Low Strata Fees &3 yrs reduced city taxesSteps to W.C. Express

Some water views

MOVE IN N

OW

WaterfrontWaterfront suites in

Maple Ridge from$162,900 - $299,900

HOME OWNERSHIPFROM UNDER

$500 A month • ask us how20% NOW SOLDLots of great units remaining

Book your appointmentthrough the holidays

Jim Isherwood604-250-7755

Nicole Jackson604-467-5000

Brookside Realty

11933-224 Street, Maple Ridge • 604-467-5000

OPEN HOUSE EVERY DAY 1-4PM, CLOSED FRIDAYSSTARTING AT $159,900 RIVER'S EDGE

11580 223 Street, Maple Ridge• Only 51 amazing opportunities• Built with the highest & strictest standards of

construction• Only the fi nest materials being used• Inside the best layouts in the market place with

each sq.ft. maximized• Unbeatable location that offers spectacular

riverfront dining, easy access to town centre and Port Haney Wharf

• Buy with confi dence. Move in today!

$629,50012463 Meadow Brook Place, Maple Ridge• Backs onto Laity Farm• Stunning View• Quiet Cul-de-sac very private• Has many updates

$269,900 inc. GST

CASCADA#209 - 11566224th StreetMaple Ridge

• Perched above the mighty Fraser River• Spectacular waterfront and mountain views• 1054 sq.ft. 2 bedrooms. Wood cabinets, porcelain tiles,

deluxe stainless steel appliances including washer & dryer• Private roof top patio terrace with lounge, barbecue area & 360º million dollar views• Steps to town & West Coast Express

$514,90013328 235A St., Maple Ridge• Park-like settings & Fraser Valley views• 5 appliances, blinds• Heritage doors & baseboards • Gas fi replace• Quartz countertops and hardwood fl ooring• 10 year warranty + more!

OPEN HOUSE SAT & SUN 1-4

$1,099,00025890 116th Avenue, Maple Ridge• Sprawling 3800 sq.ft. rancher on 2.3 manicured acres• Large gourmet kitchen• Lots of recent renovations• Large deluxe master ensuite is spa like• Four stall barn on city water, perfect for horses, backs

onto Kanaka Creek Regional Park

REW.ca » MAPLE RIDGE / PITT MEADOWS » FRIDAY JANUARY 9, 2015 3•

JOHN BURNSOff. 604-533-3231 • Cell: 604-607-3504

email: john@johnburns.cawww.johnburns.ca

PrudentialPowerplay Realty

11544-11550 207th $1,050,000

DEVELOPMENT PROPERTY TOWNHOME SITEFORECLOSURE. Excellent development opportunity in Westside area of Maple Ridge. 35,634 sq. ft. lot currently received third reading to allow 10 unit townhouse development. Prime location close to everything. BRING YOUR OFFER!!! John Burns

www.teamphilhaig.cominfo@teamphilhaig.com

Each offi ce independently owned and operated

Maple Ridge $183,800

#109 - 12148 224th Street• Immaculate 55+ building, 1 bdrm, 1 bath & den unit• Gas F/P, in-suite laundry, 1st fl oor, steps to elevator• Recreation level incl: billiards, crafts, workshop• Cafeteria, hair salon, computer lab, fi rst aid rm• Library & social rooms for all kinds of classes

Maple Ridge $375,000

20180 Wanstead Street• Quaint rancher in the historic enclave of Hammond• 3 bedroom, 2 bath; perfect for the young family• French doors to bright family room off the kitchen• Laminate, crown, roof 6 yrs, HW tank 4 yrs, shed• Quiet street, great investment holding property

Maple Ridge $799,800

10587 245B Street• 4 bdrm sprawling executive style home in Albion• 4500 sq/ft on 3 levels, 4 baths, nannyʼs quarters• Open kitchen & family room, French doors to patio• Den, games room, media room & sitting room down• RV parking, double garage, open parking for 12

Anmore $499,900

Leggett Drive• READY NOW! 9 - 43,560 sq/ft lots on Leggett Drive• Desirable Anmore - just north of Port Moody• Imagine building your own fantasy dream home• Serene natural setting, minutes from lakes & parks• Priced $499,900 to $589,900

Port Moody $1,180,000

37 Wilkes Creek Drive• Heritage Mountain beauty w/ partial upgrading• 5 bdrm, 5 bath, incl 1 bdrm suite in walkout bsmt• New fridge, gas cooktop, DW, front door & stairs• Fenced yard, workshop, backing on greenbelt• Quiet street; close to Newport, schools & rec

Coquitlam $1,649,900

1362 Glenbrook Street• Exquisite 6 bdrm, 7 bath, custom built family home• Granite & quartz, maple cabinetry, SS appliances• Wok kitchen, butlers pantry, open fl r plan, 4 F/P• Radiant heat, AC, HW, slate, media & rec rooms• 2 bdrm suite, decks, patio, Burke Mtn on greenbelt

LOTS FORSALE

OpenSunday

2 - 4

ROD & RHEA HAYES www.rodandrhea.com 604.240.1927

604.240.1927 YOUR NEIGHBOURHOOD REALTOR SINCE 1987

VIEW OUR LISTINGS AT www.rodandrhea.com

Team

$263,500

West Maple RidgeWest Maple Ridge

$399,900

Port CoquitlamPort Coquitlam

Greenbelt Townhouse25 2495 Davies Avenue

1,215 square feet, 2 bedrooms, 2 full baths open floor plan by Mosaic, warranty in place deck plus fenced backyard on green space this home shows like it is brand new tandem garage plus lots of storage space

End Unit Townhouse25 20653 Thorne Avenue1,300 sq ft on two levels, 3 beds, 2 bathrms living rm with fireplace, full size dining room renovated kitchen, separate laundry/storage private fenced yard plus front patio area carport with storage above, great location

Check website for more pictures and info: pammimandair.ca

Homelife Glenayre RealtyNow located in the Clayburn Plaza near the IGA

859-3141 (24 HR. PAGING)Van. Direct 857-1098

For more pictures & info. visit www.pammimandair.ca

PAMMI MANDAIRPAMMI MANDAIR604-825-8121604-825-8121

Gas station, c-store, extra income from McDonalds Restaurant lease. Good gross & net profits. Fibreglass tanks, electroni-cally monitored inside.

GAS STATION WITH LAND & BUILDING

$2.43 MILLION

Well established last 13 years. Over 100 seats. Liquor license, land over 30,000 sq.ft.

RESTAURANT BUSINESSWITH LAND & BUILDING$1.19M (FRASER VALLEY)

Gas station, c-store, car wash plus rental income from mechanic shop. Fibreglass tanks and electronically monitored inside.

GAS STATION WITH LAND & BUILDING

$2.34 MILLIONC-store, gas station, 4 bedroom home. Excellent gross & net income.

GAS STATION - $2.79MLAND AND BUILDING

(Okanagan Area)

In Fraser Valley on major highway. Present owner has owned it for last 40 years, retiring.

CONVENIENCE STORE & POST OFFICE OUTLET

WITH LAND, BUILDING & LIVING ACCOMODATION

$499,000

Gas bar - 4.8 million litres of fuel per year. Inside store sales $4,000 daily plus propane. Double wall fibreglass tanks - 10 years old and pumps 6 months old. Good gross income and good net income!

GAS STATION WITH LAND & BUILDING

$3.2 MILLION

1/2 acre of land on major Hwy. Brand new tanks and brand new pumps. Touch less car wash plus 2 bay wand wash. C-store and propane sales. Last 3 years average fuel sales totalling 5.3 M litres per year.

GAS STATION IN THE FRASER VALLEY - $3.8M

Gas station, C-Store, Pizza shop, Liquor store and living accommodations - All in one!

GAS STATION WITHLAND & BUILDING

$1.29 MILLION

Qualified Property and Business Opportunities AvailableUnder the PNP PROGRAM OF BC - BC Provincial Nominee Program governing the economic

immigration program. FOR DETAILS CALL PAMMI at 604.825.8121

MAPLE RIDGE • PITT MEADOWS (INCLUDES MISSION LISTINGS)

R E A L E S T A T E W E E K L Y

Looking for a newhome? Start here.

F R I D A Y , J A N U A R Y 9 , 2 0 1 5

I n P r i n t > O n l i n e > I t ’ s A l l H e r e

Nestled in the shadows of Mount Baker

and blessed with rolling hills and river

basins, Abbotsford for many years was

known as the Bible Belt of BC and home to

rural farmland.

How things have changed! Abbotsford is

emerging as one the fastest-growing cities

in BC. Today, it’s a vibrant, modern urban

metropolis, which has managed to retain its

rural country charm.

This city is also where you will discover

one of the most exciting new residential

projects in the master planned community

of Central Park Village – Hudson’s Loft 2.

This boutique-style six-storey building con-

sists of a collection of 67 homes, compris-

ing studio and den, two bedroom and den,

lofts and penthouses, starting at an incred-

ibly aff ordable $99,900.

“The two-level penthouse apartments

are located on the top two fl oors and fea-

ture beautiful green rooftop terraces,” says

Kiran Rai, marketing director, Platinum

Project Marketing, adding Phase 1 sold

out in a single day – a fi rst for Abbotsford.

“The lofts are on the third and fourth levels

and they have 18-foot ceilings in the living

space.”

To celebrate the launch of Phase 2, on

Saturday, December 6, award-winning

Wiebe Group & Diverse Properties hosted a

Sale Day with lots of great incentives.

Each open-concept residence features

engineered hardwood fl oors, nine-foot ceil-

ings throughout and expansive windows.

The Zen-like bathrooms are resplendent

with marble countertops, full height frame-

less fl oating mirror and soaker tub.

The kitchens will inspire you to cook

with its contemporary wood grain or white

Shaker cabinetry, engineered quartz coun-

tertops, Frigidaire stainless steel appliance

package and sleek stainless steel under-

mount double sink (in most units).

It doesn’t stop there. Other features

include either a terrace or balcony off er-

ing sweeping views of Mount Baker, the

forested trails in Horn Creek Park, as well

as lots of green space.

Location, Location, Location:When Hudson’s Loft 2 residents take

occupancy in February 2016, they will be

residing in the heart of a burgeoning com-

munity, only 10 minutes away from the

downtown core.

When this 9.5 acre neighbourhood is

completed, it will be home to a village mar-

ket and café, restaurants, local businesses/

commercial space and lots more.

The homes are close to big box retailers

such as The Real Canadian Superstore,

Seven Oaks Shopping Centre and West Oaks

Shopping Mall. For art and culture lovers,

the Abbotsford Entertainment and Sports

Centre, Abbotsford Art Gallery, Tradex

Centre and movie theatres are nearby.

In addition, you are minutes from the

West Coast Express, and a 45-minute drive

to downtown Vancouver via the Port Mann

Bridge.

Whether you are a fi rst time buyer, an

investor or simply a home buyer who appre-

ciates superior quality, this is your oppor-

tunity to live in a new home that melds the

best of urban life, all for a fantastic price.

The sales centre and two fully decorated

display homes, located at 3068 Gladwin

Rd, Abbotsford, are open noon to 5 p.m.

(except Fridays).

For more information, call 604-864-

8948, email info@hudsonsloft.ca or visit

www.hudsonsloft.ca.

Tentative occupancy: February 2016.

ABBOTSFORD’S HUDSON’S LOFT 2:YALETOWN FEEL WITHOUT

THE PRICE TAG