maple ridge / pitt meadows jul 17, 2015 real estate weekly
DESCRIPTION
Since 1978 Real Estate Weekly has been synonymous with outstanding coverage of the Greater Vancouver residential real estate market. Today, published with recycled newsprint from its own high-speed presses in Vancouver, Real Estate Weekly is delivered by British Columbia's largest courier force to over 450,000 homes across the Lower Mainland. A total of 11 separate editions comprise the Real Estate Weekly, each featuring homes for sale, new developments and quality editorial coverage of the housing industry and the communities. Real Estate Weekly, quite simply, lists more homes for sale from more Realtors than any other publication in British Columbia. Real Estate Weekly is the number one source for Lower Mainland residential real estate and the first choice of both homebuyers and Realtors for more than three decades.TRANSCRIPT
R E A L E S T A T E W E E K L Y
MAPLE RIDGE PITT MEADOWS FRIDAY, JULY 17, [email protected] • 604-435-7977
Those buyers struggling to enter the Vancouver market need look no further than nearby Fraser
Valley neighbourhoods, where great value can still be found – for now at least, according to a panel of real estate experts.
Speaking at the Urban Development Institute’s recent lunch panel event at the Sheraton Guildford, best-selling real estate investment author Don Campbell said, “You’ve all seen the aff ordability campaign #Don’tHave1Million. But when you start peeling the onion and look-ing at the facts, you’ll see that you ‘#Don’tNeed1Million’ if you’re buying in the Fraser Valley.”
The senior analyst of the Real Estate Investment Network said that the demographic shift of Millennials entering the real estate market over the next few years, which are as numerous as baby-boomers, would change the housing market.
He told the largely baby-boomer-aged audience, “Remember we pro-
tested everything too, in the Sixties? And now the Millennial generation is coming, and they’re exactly like us. And they don’t need $1 million. They’ve got your $1 million. That may sound facetious, but that’s what’s happening.”
Brian Yu, BC regional economist at Central 1 Credit Union, told delegates in his economic outlook presentation that he expects the low-interest rate environment to continue until late 2016, keeping mortgages aff ordable and real estate purchases attractive. “The picture we’ve seen this year, you can expect to continue well into next year, in our view,” said Yu.
He added that Credit 1 Central Union didn’t believe there was a problem with real estate specula-tion in the Lower Mainland, say-ing, “There hasn’t been a specula-tion problem here since 2005” and
supported the recent BCREA report arguing that foreign investment is unlikely to be a key factor in house price rises.
Yu also said that the Lower Mainland would continue to see interprovincial migration and eco-nomic uplift increasing the popula-tion and adding to the pressure on the land base and housing demand. “We’re expecting to see 5 per cent growth in housing starts this year, 4 per cent growth next year, as the conditions are very favourable.”
He concluded, “If you’re looking for a condo, there are still opportu-nities in the Metro Vancouver area but if you want a single-family home with a white picket fence, then you are going to be looking east, at the Fraser Valley.”
Robyn Adamanche, principal of market analysis at the CMHC, said
that rapid growth in the number of households in the Fraser Valley would further contribute to rising housing starts and real estate sales in the region over the coming years. She said that 8,510 new households were expected to form in the Fraser Valley each year, including nearly 3,000 a year in Surrey, more than 1,300 in Langley and more than 1,000 a year in South Surrey/White Rock.
She added that despite rising sales, the price of condos in the Fraser Valley are not increasing rap-idly and have still not recovered pre-recession prices.
The fi nal panelist, Scott Brown, president of Fifth Avenue Real Estate Marketing, said, “The theme song for this year’s Fraser Valley market lunch should be ‘The Future’s So Bright, You Gotta Wear Shades.”
He said that townhomes were a dominating trend in the Fraser Valley, citing that 60-70 per cent of all Lower Mainland townhome sales are in the Fraser Valley.
Population Growth, Ripple Effect Driving
Fraser Valley Market
GO TOREW.CA /NEWS
TO READ THESE STORIESAND MUCH MORE REAL ESTATE
NEWS AND ADVICE
Vancouver s $1m-plusHome Sales Rise 48%:
Sotheby s
How to Choose the Right Mortgage Term
for Your Needs
Don Campbell: Avoid Taxation Grey Areas
of Property Flipping
•2 REW.ca » MAPLE RIDGE / PITT MEADOWS » FRIDAY JULY 17, 2015
Jim Isherwood604-250-7755
Nicole Jackson604-467-5000
11933-224 Street, Maple Ridge • 604-467-5000
$237,900, No GST
CASCADA#101 - 11566224th Street
Maple Ridge
• Perched above the mighty Fraser River• Spectacular waterfront and mountain views• 2 bedrooms - large patio/yard area• Quartz countertops and stainless steel appliances• Walk to West Coast Express
$599,800• Very private 3 bed rancher on 2 acres• Bright kitchen, sep. dining & living room has double sided fi replace• Approx. 1 acre is fenced & landscaped w/2 road frontages on Garibaldi• 2 garden sheds & small barn w/fenced poultry area• Covered deck overlooks Kanaka Creek• 5' crawl space. Dbl garage
#1003 12069Harris Road
Pitt Meadows
$1,368,000• Luxury living & ultimate condo package• Over 2200 sq.ft. of living space in concrete & steel constructed
building• Features extra ceiling height, fl oor to ceiling windows & spectacular views!• Kitchen has only the best of the best• Massive room sizes, full laundry room, 2 master bedrooms & balconies• Must be seen to be appreciated!
$604,900• Larch Avenue Heights in Rock Ridge• This 2 storey plus basement home has 4 bedrooms,
Fraser Valley views, maple kitchens with large island, quartz countertops in bathrooms also, tile and engineered hardwood fl ooring.
• Come choose your own colour scheme. 10 Year Warranty and unfi nished full walkout daylight basement.
13309235A Street
Maple Ridge
$1,248,000• First time on the market!• Amazing Penthouse features million dollar views• Ultimate entertainer's dream• Lge kitchen equipped w/only the best of the best• Spacious bedrooms w/luxury ensuites, marble counters,
soaker tubs & stand up showers• Option for a media room• Spectacular & luxurious condo
#1006-12079Harris Road
Pitt Meadows
12580Garibaldi St.
Maple Ridge
1211Seventh Ave
New Westminster
$799,000• Lovely heritage style home built 1910• Fenced yard & covered front porch• Original beautiful fi r wood fl ooring• Beautifully renovated with all the modern conveniences• Chef's kitchen has custom dark cherry soft-close cabinets,
S/S appliances• Basement rec room has built-in speakers & sound-proof
walls. Must see!
OPEN HOUSE SAT & SUN 2-4
Brookside Realty 11933 224th Street Maple Ridge, BC
www.MRROGERS.cawww.MRROGERS.ca
"MR. ROGERS""MR. ROGERS"Luke
604.790.2304ee44
GlennGlenn604.790.2345604.790.2345
12351 216th St.
12357 216th St.
• 1/3 acre lots, build a dream home in one of the best spots in town.
• Build to suit & terms available or bring your builder.
• Full services, 2 storey plus basement option.
• These calibre lots aren't available often, don't miss out!
• City will support carriage home, hurry on this one!
$419,900 each
12-11165 Gilker Hill
3 bedroom 3 bathroom (1 for guests) 1500 square feet FAMILY FRIENDLY. Large Garage + HUGE STORAGE. Walkout to garden/west facing yard. Great floor plan, lots of space.
ONLY $281,900
NEW LISTING
22294 132nd Ave.
9.7 acre Estate Property. Mostly Cleared, Flat South Exposure. CITY WATER. A-2 & RS-3 Zoning. Gravel road front to back. Lots of sun. New home, New business? Options!
$1,099,900
NEW LISTING
OPEN HOUSE SUNDAY 2-4OPEN HOUSE SUNDAY 2-4
530-0231 Over 20 yrs “award winning service” WHEN SERVICE MATTERS call ALBERT SELINA530-0231
Royal LePageWolstencroft Realty
NEW LISTINGBeautiful acreage backing onto Salmon River. This 3.83 acre property is like a mini estate with house boasting over 5000 sq ft over 2 storeys & a basement. It also has a detached garage and a separate barn or workshop. Landscaping includes numerous fruit trees and is 1/2 fenced & cross fenced. It features a huge patio surrounding a inground heated pool. This home has had kitchen & bathrooms renovations in the last 6 years. One spectacular feature of this home is a 2 storey fl oor to ceiling river rock fi replace, all this for under $1,000,000. See virtual tour at f1439080.
5254 242 Street, Langley
55+ building 2 bedroom, 1 bath TOP fl oor CORNER UNIT with a VIEW of the GOLDEN EARS MTNS. This apartment is close to everything: shopping, recreation, hospital and freeway. There is over 1,000 sq.ft. plus a wrap around enclosed porch and the interior has been recently painted and included in price is 5 appliances. See virtual tour.
INEXPENSIVE IN ABBOTSFORD
NEW LISTINGautiful acreage backing onto Salmon River. This 3.83 aoperty is like a mini estate with house boasting over 50ft over 2 storeys & a basement. It also has a detach
rage and a separate barn or workshop. Landscapcludes numerous fruit trees and is 1/2 fenced & croced. It features a huge patio surrounding a ingrouated pool. This home has had kitchen & bathroonovations in the last 6 years One spectacular featureSOLD
LISTINGS WANTED
SOLDCustom built rancher with partial basement on 2.48 acres. This is a beautiful home with great location close to town, freeway access, airport, shopping and hospital. This open span rancher boasts 2750 sq.ft. on the main with an additional 455 sq.ft. in basement. Some features are shop w/newly renovated offi ce, new circular driveway w/coach lights, new state of the art well and fi ltration system, wall to wall windows, huge island in kitchen and tons more! Call Albert @ 604.868.9550 check out the virtual tour on MLS #F1416836
21836 64 Avenue, Langley
Huge Price ReductionHuge Price Reduction
$1,199,000$1,199,000Brookswood Estates - Adult Oriented Modular Home Park - NO STRATA FEES - own your spot. This 2 bedroom plus den offers vaulted ceilings in the open Family Room and Kitchen. This lovingly cared for home has been nicely updated and shows like new. Call Albert @604.868.9550 See virtual tour at f1435218.
#2-3931 198 Street, Langley
$199,900$199,900
$79,900$79,900
Brookside RealtyChad August
604.318.5254604.318.5254WWW.CHADAUGUST.COMWWW.CHADAUGUST.COM
• 2 bed + den approx 1000 sq.ft.• $349,900
703 12079 Harris Rd.
• 2 bed + den 1000sq.ft. huge deck• $349,900
203 12069 Harris Rd.
NEW LISTING!NEW LISTING!
1003 12069 Harris Road
1006 12079 Harris Road
• Over 2200 sq.ft. • 2 balconies• Views of Golden Ears • 2bed + den/media room• V1110580
• Over 2000 sq.ft.• Views of Airport & Mt Baker• 2bdrm + media• V1110591
2 LUXURIOUS CONDOSFrom $1,248,000 Spacious Plans - Top Floor
Concrete and Steel construction
AMAZING VIEWAMAZING VIEW
AMAZING VIEWAMAZING VIEW
Immediate occupancy11566 224th St.
- $229,900 2 bed 2 bath 900 sq ft
#101
- $229,900 AMAZING WATER VIEW 1 bed & den
#207
- $259,900 2bed 2 bath 900+ sq ft
#303
25915 124th Avenue Maple Ridge
• 2 houses, Main house 3600sq ft rancher • Huge 25x28 garage • Over 4 acres of land • Your own personal lake
$1,250,000$1,250,000
ROOM FOR THE WHOLE FAMILYROOM FOR THE WHOLE FAMILY
V1125658V1125658
20477 Dale Dr.$499,900$499,900
JUST SOLD
JUST SOLD
165 Warrick St.$988,000$988,000
JUST SOLD
JUST SOLD
FIRST OPEN HOUSE SUN 19, 1-4 ● 1442 Rhines Cres
• HUGE over 8000 sq ft lot Backing onto Greenbelt• Over 2100sq ft 4 bed, 3 bath • Popular Riverwood Neighborhood
NEW LISTINGNEW LISTING$794,900$794,900
REW.ca » MAPLE RIDGE / PITT MEADOWS » FRIDAY JULY 17, 2015 3•
www.MRROGERS.ca
"MR. ROGERS"Glenn604.790.2345
OPEN HOUSE SUNDAY 2-4
Huge Price Reduction
$1,199,000 $199,900
$79,900
Visit: www.helengambling.comto view these properties & more!EACH OFFICE INDEPENDENTLY OWNED AND OPERATED Gold Master
13 years
e-mail: [email protected](604) 230-7311 or (604) 459-2838
“A SURE BET IN SALES AND SERVICE”
Helen GamblingRE/MAX
LifeStyles Realty
W.Maple Ridge $539,900
Sold in 6 Days!
20374 Dale DriveOriginal owner, well main-tained, 1873 sq.ft split-level, 5996 sq.ft lot, new roof, fur-nace & exterior paint, some updates, covered patio, extra long double garage. Great west side location.
C.Maple Ridge $499,900
Sold in 5 days!
12041 Dunbar St
Extensively renovated 1805 sq.ft split-level, exterior & interior, 9600 sq.ft lot, single garage, shed, covered patio, hot tub, open style concept, 4 bed, 3 bath & familyroom
C.Maple Ridge $549,900
Sold in 10 Days!22873 123 AveCOMPLETE PACKAGE, UPDATED INSIDE & OUT! PANORAMIC MOUNTAIN VIEW! PAVED RV PARKING! A REAL BEAUTY, 2024 SQ.FT, 4 BED, 2 BATH, 7245 SQ.FT LOT, UPDATED KITCHEN, FLOOR-ING, MOULDINGS, BATHS, DE-COR, OPEN CONCEPT UPSTAIRS, 2 UPDATED GAS FIRPLACES.
W.Maple Ridge $164,900
RENTALS ALLOWED
#401 20561 113TH Ave
Perfect investment or 1st time buyer, top fl oor, 300 sq.ft covered deck plus 2nd deck, updates, 1001 sq.ft , 2 bed, 1 bath, west side loca-tion, walk to WC Express!
Pitt Meadows $619,000
Just Listed!
12004 Chestnut CrBeautifully maintained 2 storey 2085 sq.ft home in ‘Somerset’ subdivision, new-er roof & furnace, 7495 sq.ft private yard, RV parking, 5’ crawlspace, familyroom, den, 3 bed & 3 bath.
W.Maple Ridge $283,500
MODERN FLAIR!#403 20675 118th Ave...Great West side location!Great complex with newer roofs, fenced yards, single ga-rage. Designed with a modern fl air! Perfect for 1st time buyer, 1187 sq.ft, 2 bed, 3 bath, townhome, updated fl ooring, fi xtures & appliances!
C.Maple Ridge $239,900
CORNER UNIT WITH VIEW!
#209 22255 122 AVE...Mountain view!Nice corner unit with no shared walls, 970 sq.ft, 2 bed, 2 bath, open style, granite, crown mouldings, S/S appliances fi re-place, shaker cabinets, laundry w/some storage, located next to stairs & close to elevator.
Pitt Meadows $309,900
BRIGHT & SPACIOUS!#48 19060 Ford Rd
Original owner, southfacing, top fl oor 1619 sq.ft town-home at back of the complex, 3 bedrooms, 2 bath, well maintained, good complex with newer roofs, renovated clubhouse, excellent location in the heart of Pitt Meadows
Pitt Meadows $259,000
GROUND FLOOR, LARGE PATIO
#115 19091 McMyn Rd...Perfect for pets!Lovely 1079 sq.ft corner unit with private patio & yard! With hardwood fl oors, newer fl oors kitchen & bath, new carpet in bedrooms, S/S appliances. Good building, 2 parking stalls & locker. Excellent location!
SOLDSOLD
SOLDSOLD
SOLDSOLD
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YOUR TRUSTED HOME INSPECTION SPECIALIST778-808-8844
WWW.INSPECTIONSWEST.CA
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•4 REW.ca » MAPLE RIDGE / PITT MEADOWS » FRIDAY JULY 17, 2015
REW.ca » MAPLE RIDGE / PITT MEADOWS » FRIDAY JULY 17, 2015 5•
LLIVEIVE LARGER INARGER INPLATINUM 2PLATINUM 2
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Tracey L’ hoist604-362-1505
son Road Chilliwack
Up to 1,781 Sq. Ft Condos Air Conditioning Expansive Decks Sound Proofi ng Ask About our Guaranteed Trade Program
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•6 REW.ca » MAPLE RIDGE / PITT MEADOWS » FRIDAY JULY 17, 2015
escape the everyday
This is not an offering for sale. Such an offering can only be made with an information statement. E.&O.E.
JOIN US SATURDAY & SUNDAY, JULY 25 - 26 AND ENJOY A FREe COUNTRY-STYLE BBQ, ACTIVITIES,
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NEWSHOW HOME OPENING JULY 25 - 26
SAVE $20,000COTt AGES FROM $199,900OPEN HOUSE 11 – 4 DAILYDiscoverBridalFalls.com
240 St
Rainb
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reek
112 Ave
Kanaka Way
REW.ca » MAPLE RIDGE / PITT MEADOWS » FRIDAY JULY 17, 2015 7•
Maple Ridge’s most popular new community - Come & see why
Dewdney Trunk Rd
NorthLougheed Hwy
Haney By-Pass
MAPLE RIDGEDowntown
Kanaka Way
240 St
104 Ave
105 Ave
Jack
son
Rd
Lougheed Hwy
THE DEVELOPER RESERVES THE RIGHT TO CHANGE OR MODIFY THE OFFER WITHOUT NOTICE. E.&O.E.
NEW M
ODEL
JUST RELE
ASED
VISIT OUR FULLY FURNISHED SHOW HOMES TODAY!
SINGLE FAMILY HOMES From $569,900 INCL GST
SALES OFFICE NOW OPEN 10455 Robertson Street, Maple Ridge
Noon - 6pm (Except Fridays)604.380.4708 | mstarhomes.com
BUILDING BETTER HOMES WITH NATURAL GAS.
Register today!
www.MyronsMuse.com 604-380-1801
Sales & Marketing by Coldwell Banker Westburn Realty & Sutton Group West C oast Realty.
Open
Thurs - Sun
1-6:00 PM
132 Ave
Fern Cres
St23
7a
236
St
Maple Ridge Park
CedarPark
Lougheed Hwy
Dewdney Trunk Rd
Silver
Valley
SHOW HOME NOW OPEN23
2 St
An enclave of spacious townhomes in a strategically planned community designed for open space and functionality. Nestled in the natural beauty of Silver Valley yet only minutes from local
amenities, parks, trails, greenbelts - it’s all here!
Visit our Sales Center now for our Fine
selection of Spacious Community Homes!
23651 – 132nd Avenue,
Maple Ridge, BC
COMPETITIVELY PRICED
2 & 3 BEDROOM COMMUNITY
TOWNHOMES
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 U L Y 1 7 , 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
Maple Ridge’s Port Haney is an emerg-ing neighbourhood which has been undergoing rejuvenation. It is attract-ing home buyers from across the Lower Mainland who want quality built condo-miniums for prices not found elsewhere in the city.
This is where Greenside Properties’ newest development, River’s Edge, has found a home. River’s Edge features a boutique collection of 51 one and two bedroom homes, ranging from 590 to 1.080 square feet, starting at a low $156,900.
These contemporary West coast homes are distinguished by open interiors appointed with features such as vault-ed ceilings, granite countertops, crown mouldings, stainless steel appliance package, kitchen islands, white cabinetry with elegant hardware, large covered balconies or patios as well as a parking
stall. Nestled above the Fraser River, most homes off er sweeping water views from the expansive windows and fl oor to ceiling doors.
Living at River’s Edge means you are close to everything you need. Within a short drive you are in the urban hub, just minutes away from shopping, services, restaurants, grocery, entertainment as well as Haney Farmers Market - a fun, family friendly Saturday morning farm-ers’ market in downtown Maple Ridge. You are also steps away from the West Coast Express and the Port Haney Wharf. In addition, River’s Edge is within easy access to Lougheed Highway, Golden Ears Bridge and Pitt Meadows Bridge.
For those outdoor enthusiasts, you are close to Mother Nature’s Mecca. The trail network encompasses more than 100 kilometers of local riding and hiking trails, as well as in nearby Golden Ears
Provincial Park. There are also numerous fi tness centres, gyms, dance studios and martial arts organizations.
“We are also less than fi ve minutes from the historical Billy Miner Alehouse and Pub, which is a popular spot with locals,” says River’s Edge sales manager Paul Liberatore.
These new homes come to you from Greenside Properties, the same multi-family developer who built Solo in Maple Ridge and Spruce Grove in Whistler. For more than two decades, the family-run construction company has garnered a reputation for building quality European-inspired homes that are stylish and well designed.
When you look at the entry price-point level - starting at $156,900 - and the quality fi nishing that has been put into the spacious condominiums, this is excellent value. Here is your opportunity
to buy in Maple Ridge’s newest emerging neighbourhoods. “The maintenance fees are also quite low,” he adds.
“More than 50 per cent of the homes are sold but there are still many available that off er water views,” says Liberatore. “We are seeing fi rst time buyer to the downsizer to the investor to everyone in between, all who are impressed with both the price and quality of these homes. We off er the best value for the product any-where in Maple Ridge.”
For more information, call 604-453-4965, email Paul Liberatore at [email protected] or visit www.RiversEdgeLiving.ca. The Sales Centre and show home is located at 11580- 223rd Street, Maple Ridge. It is open Saturdays and Sundays from noon to 5 p.m. or by appointment anytime. Your new home is move in ready.
A winning combination: PRICE, LOCATION, VIEWS