
I have sold a property at 407 15210 GUILDFORD DR in Surrey

VIEW ALL SOLDS: https://www.fisherly.com/vancouversutton/loginI have sold a property at 407 15210 GUILDFORD DR in Surrey
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Guildford, North Surrey Real Estate
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I have sold a property at 407 15210 GUILDFORD DR in Surrey.
Beautiful top floor home with a view of the North Shore Mountains. Newly renovated with all new flooring, bathroom, stainless steel kitchen Appliances, crown moulding, insuite laundry, gas fireplace, and new blinds. Spacious and bright home with a very functional layout with balcony. Parking and storage locker! The building also has a gym and amenity room with lots of underground parking. The building is rain screened with brand new roof, and is within walking distance to all amenities. Walking distance to Guildford Recreation Centre & Guildford Town centre, close to Highway One and public transit. Professionally measured 728 sq ft by Absolute Measuring, strata plan shows 718 sq ft. Perfect for commuters - near the Port Mann bridge.
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Vancouver real estate: market crackles with buyers paying more than $500,000 over listed price of detached homesVancouver real estate: market crackles with buyers paying more than $500,000 over listed price of detached homes2 of 2
Forget whatever illusions remain about affordable detached homes in Vancouver. Nowadays, buyers are willing to pay more than $500,000 over the listed price of single-family homes. A good example is 2930 West 28th Avenue. Keller Williams Realty VanCentral listed the MacKenzie Heights area home on February 2, 2021 for $2,399,000. The 80-year-old home with three bedrooms and four baths got a new owner after seven days on the market. RELATED STORIES
On February 9, a buyer picked up the two-storey home with a basement for $2,950,000. The selling price was $551,000 over the listed price. The transaction was tracked by Zealty.ca, a real-estate information site owned and operated by Holywell Properties. According to the site, the sold price of 2930 West 28th Avenue was 23 percent more than its listed price. B.C. Assessment placed the 2021 value of the property as of July 1, 2020 at $2,411,000. The Straight regularly asks realtor David Hutchinson of Sutton Group-West Coast Realty about what’s happening in the market. Hutchinson, who has been in the business for two decades, is often sought by media organizations for his observations and insights. Interestingly, Hutchinson cites a recent deal in which a buyer also paid over $500,000 on top of the listed price. RE/MAX Select Properties listed 3355 West 12th Avenue on February 6 for $1,988,000. The small Kitsilano area home comes with four beds and two baths. After five days, a buyer picked up the 76-year-old home. On February 11, the property changed hands for $2,502,850. This means that the purchase price was $514,850 more than the listed price. Zealty.ca notes on its site that the sold price was 25.9 percent over its original asking price. ![]() “Representing buyers ain't easy these days,” Hutchinson said. The long-time realtor noted that buyers find properties that may not be ideal, but look like a “perfect deal”. “We go see it, consider an offer, and then we realize it's going into multiple-offers,” Hutchinson said. Buyers give it their best shot, often attaching no conditions to their offer, and then hope for the best. “One buyer ultimately gets the home. The others are left dissappointed and back on the hunt,” Hutchinson said. He also noted there are buyers who have been waiting from the sidelines, and ready to make a move once prices go down. Unfortunately for them, the “bottom fell out, and the market spiraled in the other direction, which was up”. “With selling prices of over a half-million dollars over asking, the days of any kind of dreamy affordability seem to be gone,” Hutchinson said. MORE ON STRAIGHT.COMPLACES TO GO![]() Uncle Fatih's PizzaUncle Fatih's Pizza has 9 locations across the lower mainland, offering take out and contactless... ![]() Hunters Garden CentreBoth Vancouver and Surrey locations are open and you can visit the store to order or buy your... ![]() Sas & IngSas and Ing’s Immigration Law Centre provides advice and assistance to individuals, families and... ![]() Shark ClubShark Club is Sports HQ. Fused with pregame energy from Rogers Arena and BC Place & featuring two... ![]() Attic TreasuresAttic Treasures opened its doors in 1988 and has been a beloved Vancouver destination for... ![]() Granville Island BrewingServing up great beer since 1984, Granville Island Brewing is one of Canada’s first... TRENDING STORIES UPDATING IN 5 MINS...![]() B.C. Supreme Court denies province's request for injunction against three churches defying COVID-19 health orders![]() Police crackdown on violent shoplifting in Downtown Vancouver nets 130 arrests![]() Update: Vancouver police identify and arrest male suspect in West End alley attack![]() Vancouver cooking classes: Italian lasagna (from scratch), Vietnamese soup, and Senegalese lunch (en français)![]() A beginner’s guide to microdosing![]() Patti Bacchus: Are we burning out the K-12 workforce?![]() Gurpreet Singh: A toolkit is not a terror manual, which is why Indian authorities must free Disha Ravi![]() Stanley Park Seawall closure "could last two weeks"![]() COVID-19 in B.C.: New cases jump up over 600 mark, West End restaurant with exposure, and more![]() B.C.'s first supportive housing project for trans and gender diverse people launches in VancouverVancouver real estate covid vaccine mortgages low rates Bank of CanadaVancouver real estate: Edward Zhang, “star agent”, costar of Layla Yang in reality show, not a licensed realtor
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Vancouver real estate: Edward Zhang, “star agent”, costar of Layla Yang in reality show, not a licensed realtorVancouver real estate: Edward Zhang, “star agent”, costar of Layla Yang in reality show, not a licensed realtorIn the deadly world of secret agents, Edward Zhang might be the equivalent of a spy who is not licensed to kill. In the staid world of real estate agents where Zhang operates in real life, he’s someone who is not licensed to sell. As of this post Friday (February 19), Zhang is identified as one of the “star agents” of Dracco Pacific Realty. RELATED STORIES
A button below Zhang’s image on Dracco’s website leads visitors to a personal website called the Edward Zhang Group. However, he is not currently licensed by the Real Estate Council of B.C. The RECBC is the body created by the provincial government to regulate real estate practitioners in accordance to the Real Estate Services Act. Zhang also costars with Dracco founder and well-known realtor Layla Yang in a new reality series titled Agent Unbreakable. The RECBC’s website provides consumers the ability to search for licensed realtors. Zhang’s name cannot be found. The RECBC did not make a spokesperson available for an interview when the Straight asked about Zhang. Instead, the council issued a statement Thursday (February 18) stating that its records “confirm that Edward Zhang is not currently licensed”. According to RECBC, Zhang’s licence expired in 2020. “Our compliance team is aware of this fact, as well as recent reports related to Agent Unbreakable, and is reviewing the matter,” the council stated. The Straight sought Zhang for comment. “Why does it matter?” Zhang said in a phone interview Thursday (February 18). He was asked about why he is still being identified on the Dracco website as a realtor and the same in a media release for Agent Unbreakable. “It’s for entertainment purposes,” he said. The Real Estate Act provides that a person “must not provide real estate services…for or in expectation of remuneration, unless the person is…licensed”. “I just decided to take a break,” Zhang said. The legislation also states that a brokerage must have a managing broker. The said managing broker is responsible for the “conduct of the brokerage's real estate business, including supervision of the associate brokers and representatives who are licensed in relation to the brokerage”. Dracco’s managing partner is Tim Xu. Xu, Yang, and Zhang are the top three “star agents” on the Dracco website. The three also go back a number of years ago as colleagues with Maxcel WestCoast Realty. Yang cofounded Maxcel with two other realtors, and the partners eventually parted bitterly. Legal action followed the breakup. Maxcel accused Yang, Xu, Zhang, and Yang’s sister of allegedly sabotaging its business. Going back to Zhang, the “star agent” told the Straight by phone that he was “still a realtor” when shooting started for Agent Unbreakable. “Now I’m moving on to doing bigger business, but also in the real estate,” Zhang said. “It’s going to be announced in the season of the show,” he continued. “So just wait for it. Something good is really coming.” According to Zhang, he decided not to renew his licence. “I have a managing broker licence, so that means I have five years,” he said. “Anytime I want to reactivate it, I can reactivate it.” Zhang expressed surprise that his Edward Zhang Group site remains online. “Once the show comes out,” he said, referring to Agent Unbreakable, “everything’s going to be in the clear.” According to Zhang, there’s “something new” that he is currently on. “Real estate is a pretty tough business,” he said. Told that reports indicate record highs for business in 2020, Zhang disagrees. “No, not really. The market was spare last year. This year, the market is really good,” he said. And so until Zhang reactivates his licence, he might as well be considered as a sleeper agent. MORE ON STRAIGHT.COMPLACES TO GO![]() Dachi VancouverWe are a restaurant in Hastings-Sunrise, Vancouver, British Columbia. 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(This story is sponsored by Cansoft Technologies.) The relationship between a tenant and their building manager or landlord is crucial to both parties’ overall wellbeing. There’s truly nothing worse than your landlord popping by unannounced at 9 a.m. while you’re sipping coffee in your terrycloth robe. Without clear and documented communication, the landlord and tenant affiliation can easily become strained. And due to Vancouver’s expensive real estate market, more and more households are choosing to rent instead of own. This is why Canada-based software development and SEO company, Cansoft Technologies, developed the Tenants app. The communication technology platform will be launching both an iOS and Android version later this year. “During this pandemic, we’ve experienced many difficulties surrounding communication, management, and resource utilization,” says Kazi Mamun, CEO of Cansoft Technologies. “As a tech company, when we looked into real estate we noticed several challenges that could be resolved by one single application. We developed the Tenants app to make tenancy and tenancy-related business easier.” The app is an innovative property management system for landlords and building managers, which also functions as a simple communication platform for tenants. The straightforward chat function is exceedingly convenient during these unprecedented times as people are being encouraged to limit their in-person contact with others. Because of the Tenants app, landlords no longer need to visit the property when a renter’s laundry machine stops working—videos and images can also be sent through the platform. The Tenants app helps building managers and landlords manage their properties more effectively by:
![]() Building managers are often responsible for several rental units depending on the size of the apartment or condominium. This can make it difficult for them to stay on top of renter payments and requests in an organized fashion. The communication platform assists landlords and managers with all the aspects of overseeing both residential and commercial properties. But most importantly, the user-friendly app allows all three parties to accomplish what is most important to themselves and to each other. Individual tenants are able to pay their rent through the app each month and access the important rental documents when needed. This includes the lease and other signed contracts. Through the app, tenants can easily chat and schedule appointments with their building manager if needed. Instead of relying on the leaflets taped onto the elevator walls, tenants can view building rule changes or updates on the app. “Cansoft Technologies listened to the critical stakeholders and developed a revolutionary mobile application that can address the essential concerns of each,” says Mamun. “The Tenants app provides all necessary parties with effectiveness, efficiency, and organization.” For more information on the Tenants app, visit www.tenants.app/. Click here to learn more about Cansoft Technologies, headquartered in Vancouver. MORE ON STRAIGHT.COMPLACES TO GO![]() Calabash BistroCozy and cultured spot for Caribbean dishes & rum drinks, featuring local art, live music and DJs... ![]() Uncle Fatih's PizzaUncle Fatih's Pizza has 9 locations across the lower mainland, offering take out and contactless... ![]() Amherst Funeral and Cremation ServicesAmherst is the leader in providing simple, affordable and dignified funeral, cremation, burial... ![]() OEB Breakfast Co.From our humble roots, OEB Breakfast Co. has been changing the way people think about breakfast... ![]() Dachi VancouverWe are a restaurant in Hastings-Sunrise, Vancouver, British Columbia. Expect some fun wines,... ![]() AspenCleanWhy AspenClean? We’ve been committed to delivering effective natural home cleaning solutions to... TRENDING STORIES![]() COVID-19 in B.C.: Over 500 new cases, Canadian survey reveals rule breakers, and more![]() Canada real estate: BMO Economics sees rising home prices as current listings good for only two months![]() What’s new to VOD and streaming this weekend: February 19 to 21![]() A beginner’s guide to microdosing![]() Family stories run through Vancouver's Cherie Smith JCC Jewish Book Festival![]() Evelyn Forget: It’s time to transform our society with a basic income![]() John Muscedere: Why healthy aging must be the upshot of the COVID-19 pandemic![]() Vancouver real estate: realtor and reality series star Layla Yang selling $17 million home for $38 million![]() Newly released From the Basement makes an ironclad case that the White Stripes were a beautifully pure team![]() I'm embarrassed by my unattractive vaginaVancouver covid 2021 real estate report market updateVancouver real estate: unlivable home previously auctioned by city hall sells over asking price for $2.5 million
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Strata revises minutes that detailed window failures at Vancouver's Shangri-la towerStrata revises minutes that detailed window failures at Vancouver's Shangri-la towerA new version of Shangri-La minutes omits details about the risks and cost of replacing windows in the tower that had been in an earlier version. ![]() Article contentQuestions are being raised after condo strata minutes detailing serious concerns about windows possibly shattering were amended with a more muted version at the Shangri-La, Vancouver’s tallest tower, which is known for its floor-to-ceiling views. Earlier, the building’s two stratas filed lawsuits to recover costs under warranty from insurers and are also suing developers, builders and contractors over the windows. A 100-day trial for these is set to begin in October. It also comes as prospective buyers might be considering one of the nine units currently listed for sale. They range in asking price from $865,000 for one on the 28th floor to units on the highest floors that are asking over $5 million. The minutes for a special general meeting held on Sept. 10, 2020, for the strata that represents owners of 234 condo units on floors 16 to 43 in the tower, originally contained details about the inner panes of what are known as insulated glass units, or windows. AdvertisementSTORY CONTINUES BELOW
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Article contentA separate strata represents owners of units on floors 44 to 62. ![]() The minutes alleged the windows “suffer from a nickel sulphide inclusion and/or manufacturing defects, which can cause (them) to spontaneously shatter.” They also allege up to 70 per cent of the windows are failing “prematurely by decades and reaching just a fraction of their expected lifespan of 40 years.” The minutes identified nine floors where shattered inner panes in the insulated gas units have been taken from condos. They also presented the option of reconstructing a curtain wall and replacing all of the window units in increments at an initial cost estimate of $65 million. The final cost would depend on many things, including the type and specific design of windows that would have to be used. On the portal with information available to owners, that version of minutes has been replaced with a new version that omits these details. Real estate agents representing sellers and buyers say that recent requests for minutes of the special general meeting minutes get them the new version, which also does not mention the change or explain why it was done. The details about the windows in the original minutes were in a preamble to a motion for a special levy that was ultimately defeated. “It’s definitely brought on a lot of questions from prospective buyers that want to know about these windows and how much it could cost them in the future,” said real estate agent Paolo Cartocci. AdvertisementSTORY CONTINUES BELOW
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Article contentHe’s sold five units in the building in the last few years. The listing for a unit he currently has for sale went up in early January, but has been on and off the market, he said. “What motivated the change? I would think (they) owe an explanation or some kind of indication that these are replacement minutes,” said Ron Usher, a Vancouver real estate lawyer. A strata council “must ensure its minutes are accurate because the council knows that others will reasonably rely on those minutes. The strata council members may be liable for misrepresentation if they provide inaccurate or misleading information to someone who suffers a loss because he or she reasonably relies on it,” according to The Condominium Manual, a reference guide for the Strata Property Act. The manual explains that if a strata council has confidential discussions, it must refer to this and label them in the minutes as having being held in camera. In minutes before the special general meeting, there are several instances where the Shangri-la strata went in camera for discussions about the windows. Minutes in November do give some indication that the minutes for the September special general meeting were “leaked to the media following distribution to the Owners. They have since been removed and will be reviewed by council again prior to their re-distribution.” Postmedia didn’t get a reply to a phone message and email sent to Thomas McGreer, vice-president, and Michael Schuss, CEO, at AWM-Alliance Real Estate Group, which manages the property, and to Diane Tam, who took on the position of strata council president starting in December. Share this article in your social networkCOMMENTSPostmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Comments may take up to an hour for moderation before appearing on the site. We ask you to keep your comments relevant and respectful. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Visit our Community Guidelines for more information and details on how to adjust your email settings. New property listed in Downtown VW, Vancouver West
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Downtown VW, Vancouver West Real Estate
I have listed a new property at 1709 602 CITADEL PARADE in Vancouver.
South-East fawcing 1 bdrm & den, granite kitchen & bathroom countertops, glass kitchen backsplash. Generous sized den for home office feats flr to ceiling windows looking South-East towards Science World & False Creek. Outdoor balcony has views in 2 different directions with direct access from living room. Concierge service. Deluxe amenities incl 80' indoor pool, whirlpool, steam room & sauna, fully equipped gym, Hollywood style theatre, party room with kitchen + meeting rooms.
New property listed in Downtown VW, Vancouver West
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Downtown VW, Vancouver West Real Estate
I have listed a new property at 301 989 NELSON ST in Vancouver.
Located in the heart of Downtown, situated on the quiet SE corner of the Electra, Class A heritage building built to commercial standards! This bright & efficient suite overlooks the Law Courts and Sheraton Wall Centre garden. Nearby amenities include the new YMCA, IGA Marketplace, Scotiabank theatres, Sutton Hotel, and posh Robson St. This 1 bdrm, 1 bath suite 9' ceilings, floor to ceiling windows, and a bdrm that has a large organized closet, and BI shelving area which can be used as a mini-office. Added bonuses: FREE laundry on each floor, central, A/C (yes, air conditioning, one of the few buildings in Vancouver!), guest suites, private 50 sf storage rm 1 door down, and rentals allowed. Great for investment or living!
Forcing Foreign Money Out Is Academic’s Fix for Canadian HousingForcing Foreign Money Out Is Academic’s Fix for Canadian HousingJosh Gordon’s controversial ideas may help shape national tax policy toward nonresident homeowners. February 10, 2021, 1:00 AM PST
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In recent years, Vancouver, on Canada’s scenic Pacific coast, has made itself into a laboratory for government policy to tame surging housing costs. Tackling the affordability crisis has become a citywide obsession, with often academic debates spilling into newspaper op-eds, talk radio, and coffee shop banter. Among the most controversial positions to emerge is one staked out by Josh Gordon, an assistant professor of political science at Simon Fraser University in the Vancouver suburb of Burnaby. Gordon attributes much of the runup in Vancouver’s home prices to foreign buyers and proposes taxing them at a high enough rate to encourage them to sell. Even he admits the idea seems radical. That’s why it was a surprise to hear something like it proposed by the government of Prime Minister Justin Trudeau, which in November announced a plan for a national tax on foreign, nonresident homeowners as a way to help first-time buyers break into the housing market. ![]() Gordon, with downtown Vancouver in the background.
PHOTOGRAPHER: RACHEL PICK FOR BLOOMBERG BUSINESSWEEK
Though Gordon’s academic output and increasing media profile seem to have caught policymakers’ attention—he was among those thanked in a 2018 government report on housing costs, and two years earlier appeared in a round table on the subject with Trudeau himself—the government has given no indication that it’s drawing on his research as it crafts its new policy. Nevertheless, for anyone curious to see a detailed and up-to-date rationale for a tax designed to achieve the government’s stated aim, Gordon’s work is probably the best place to look. And with housing affordability problems spreading throughout the developed world, just as governments have grown desperate for new sources of revenue to offset the costs of battling Covid-19, Trudeau may not be the only leader starting to find similar ideas appealing. “I think there is probably a policy window opening at the federal level for something,” Gordon, 38, said in a video interview from his campus office, where he’d been given special permission to work during the pandemic because the apartment he rents is too small. “We have to see to what extent this is a ploy to kind of quell discontent and have something to run on, versus a policy that’s actually designed to make a substantive impact.” That Canada has a housing affordability problem is one point where there is no longer much debate: Vancouver and Toronto regularly feature near the top of rankings of the world’s most expensive cities, including one compiled by urban planning consultant Demographia. Ratio of Median Home Price to Annual Household IncomeBy metro area, Q3 2019 Data: Demographia Trudeau’s government hasn’t yet given any details on its proposed policy, but a likely starting point will be the same one Gordon uses: the province of British Columbia’s speculation and vacancy tax. Introduced in 2018, it’s a 2% annual levy on the assessed value of properties whose owners are nonresidents or derive at least 51% of their income from abroad. Because it was designed to help renters as opposed to buyers, the tax isn’t applied to properties that are rented out, even in part. One study found that the year after the policy came into effect, almost 9,000 Vancouver condo units were put on the rental market. There’s some evidence the tax has also benefited buyers, because home values dipped after it made its debut, though they’ve largely recovered since. The Trudeau government has specified its proposed national tax would target residential real estate owned by foreigners that is “unproductive.” Many have taken that to mean “vacant” and there is an expectation that it will include a rental exemption as well. Gordon says this would be a mistake and keep the policy from achieving the government’s stated goal of helping young Canadians buy their first home. He argues the only way to get house prices in line with what locals can afford is to force them down, and the best way to do that is with a tax like British Columbia’s, but at double the rate and with the rental exemption removed. ![]() A street in Dunbar, a neighborhood in Vancouver where prices for detached homes have soared.
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Gordon attributes much of Vancouver’s, and to a lesser degree Toronto’s, runup in house prices to foreign money. In two papers published last year, he showed that high rates of nonresident ownership across various parts of both metro areas correlate almost exactly with a peculiar pattern of low incomes paired with very high average home values. This, he concluded, suggests prices in those neighborhoods are being inflated by people who can only afford their homes because of income from abroad. Municipalities in Vancouver Metro AreaFor single-family detached homes. Data: Housing Studies Gordon’s conclusions run counter to those in a 2018 report from Canada’s national housing agency, which found that the fundamental cause of housing price increases was a mismatch between low supply and the high demand spurred by very low interest rates and robust immigration. Jens von Bergmann, a Vancouver-based mathematician who runs his own data analysis firm, published a blistering critique of a working version of one of Gordon’s papers on his blog, focusing on methodological issues. In an interview, he said the relatively small number of people affected by the British Columbia tax, about 12,000, is proof that there isn’t as much foreign money in the housing market as Gordon makes out. Von Bergmann, who is German and moved to Canada in 2006, believes a policy like the one Gordon advocates would be inherently discriminatory in a country where almost 22% of the population is foreign born, according to the latest census. (It’s less than 14% in the U.S.) “When you immigrate you bring your money, that’s just part of the deal,” says von Bergmann, explaining that he and his wife used savings accumulated during years working overseas to buy their first home in Canada. Gordon says his goal is to make the housing market more fair. Money earned abroad is not subject to the same taxes as money earned in Canada, so buyers with foreign income often enjoy an advantage. “We have a very attractive situation for wealthy individuals from abroad, where they can buy property and place their families in Canada,” he says. “Making sure that the people who wanted to bid on that would pay their fair share in taxes would change the nature of the market and change the nature of competition, such that local working folks would have an easier time.” Bloomberg Businessweek![]() ECONOMICS
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![]() Rare Cobanero Chile Flakes Are How Chefs Spice Up Home-Cooked MealsThe One![]() The Case for a $1,200 UmbrellaFeatures![]() Most PopularTrending on BloombergWhy detached home prices in Greater Vancouver have been rising, while condo prices have stayed staticWhy detached home prices in Greater Vancouver have been rising, while condo prices have stayed staticSingle-family home prices increasing at level not seen since mid-2010s![]() COVID-19 doesn't affect all people equally — and it doesn't affect the housing market equally either. The average selling price of a detached home in Greater Vancouver rose for the sixth straight month in January, the first time that had happened since 2013. At $1.83 million it's the third highest monthly figure in the history of the Greater Vancouver Real Estate Board. To the east, the Fraser Valley Real Estate Board saw a 23 per cent increase in the average value of a detached home in the last year, and is now at $1.28 million, its highest number ever. And a big reason, according to experts, is people valuing permanent space over tightly packed, and perhaps temporary, urban living. "I think that's what the market, what the data is actually showing," said Bryan Yu, Central 1 Credit Union's chief economist. Yu said the difference between rising prices for detached homes and stable prices for condos and apartments is partly based on what sort of properties are more in demand due to COVID-19. "If you're not travelling or expecting to go anywhere for a while, maybe they're just wanting more green space." Higher demand farther from downtownTom Davidoff, a professor in real estate finance for UBC's business school, agrees that the split between condo and detached home price increases is a reflection of pandemic priorities. "You don't need to be at the office for a lot of people during COVID. And you do need to be at home. So big space ... becomes more attractive relatively during the slow-down," he said. Both Davidoff and Yu also said mortgage rates being so low made detached home ownership more appealing, and the sharp decline in immigration, foreign students and short-term workers has reduced demand for apartments. Last week's rental report by the Canadian Mortgage and Housing Corporation also appeared to support those observations. While vacancy rates for rentals increased from 1.1 per cent to 2.6 per cent across Metro Vancouver, the biggest increases came in downtown Vancouver and the areas immediately surrounding it. Meanwhile, the vacancy rates for rentals in the Tri-Cities, Langleys, and Maple Ridge/Pitt Meadows decreased. Davidoff worries the increased affordability for renters in the regional core won't last, however. "When students come back to town and immigration picks up again, assuming we ever get out of the mess, I think that that this signals more adverse news for affordability." What comes next?While the City of Vancouver has increased its empty homes tax, bigger changes to housing policies have largely stalled in the last two years due to the pandemic and a focus on the city-wide plan underway. Coun. Pete Fry said he'll be looking at how the emergence of real estate investment trusts impact the rental market in the months ahead, and took solace that rents have gone up more slowly in Vancouver than other cities in Canada in the past year. But he said the information is indicative that more work is needed by higher levels of government. "There is no silver bullet … clearly, we need to be finding more levers to actually build and activate public housing and recognizing that housing and the security of tenure is kind of a fundamental right of Canada," he said. "And if we don't get ahead of it, by investing in public housing and housing for the people who live and work in our cities, we'll quickly be priced out." When asked if the near record highs in home prices in Greater Vancouver were a sign of a moderate market, Housing Minister David Eby attacked the performance of the previous government twice, and defended the NDP's overall policies. "Despite these short-term trends, we believe our long-term plan to go after speculation, increase housing supply for families that live and work in our province, and encourage the exploration of different forms of affordable home ownership will be successful," he said in a statement. For his part, Yu believes that the increase in detached home prices will be cyclical. "There's only so much domestic demand," he said. "At some point, you need that inflow of new individuals to continue to drive high sales." RECOMMENDED FOR YOU![]() MARKETPLACE
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Open House. Virtual Open House on Saturday, February 6, 2021 1:00PM - 3:00PM By appointment only. Masks required. :)
Posted in:
Guildford, North Surrey Real Estate
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Please visit our Open House at 407 15210 GUILDFORD DR in Surrey.
Virtual Open House on Saturday, February 6, 2021 1:00PM - 3:00PM
By appointment only. Masks required. :)
Beautiful top floor home with a view of the North Shore Mountains. Newly renovated with all new flooring, bathroom, stainless steel kitchen Appliances, crown moulding, insuite laundry, gas fireplace, and new blinds. Spacious and bright home with a very functional layout with balcony. Parking and storage locker! The building also has a gym and amenity room with lots of underground parking. The building is rain screened with brand new roof and is within walking distance to all amenities. Guildford Recreation Center across the street, Guildford town center within walking distance, close to Highway One and public transit. Professionally measured 728 sq ft, strata plans shows 718 sq ft. Perfect for commuters - near the Port Mann bridge. Sat/Sun showings by appt only 1-3 pm. Masks required. :)
Open House. Virtual Open House on Sunday, February 7, 2021 1:00PM - 3:00PM By appointment only. Masks required. :)
Posted in:
Guildford, North Surrey Real Estate
![]()
Please visit our Open House at 407 15210 GUILDFORD DR in Surrey.
Virtual Open House on Sunday, February 7, 2021 1:00PM - 3:00PM
By appointment only. Masks required. :)
Beautiful top floor home with a view of the North Shore Mountains. Newly renovated with all new flooring, bathroom, stainless steel kitchen Appliances, crown moulding, insuite laundry, gas fireplace, and new blinds. Spacious and bright home with a very functional layout with balcony. Parking and storage locker! The building also has a gym and amenity room with lots of underground parking. The building is rain screened with brand new roof and is within walking distance to all amenities. Guildford Recreation Center across the street, Guildford town center within walking distance, close to Highway One and public transit. Professionally measured 728 sq ft, strata plans shows 718 sq ft. Perfect for commuters - near the Port Mann bridge. Sat/Sun showings by appt only 1-3 pm. Masks required. :)
New property listed in Guildford, North Surrey
Posted in:
Guildford, North Surrey Real Estate
I have listed a new property at 407 15210 GUILDFORD DR in Surrey.
Beautiful top floor home with a view of the North Shore Mountains. Newly renovated with all new flooring, bathroom, stainless steel kitchen appliances, crown moulding, insuite laundry, gas fireplace, and new blinds. Spacious and bright home with a very functional layout with balcony. Parking and storage locker! The building also has a gym and amenity room with lots of underground parking. The building is rain screened with brand new roof and is within walking distance to all amenities. Guildford Recreation Center across the street, Guildford town center within walking distance, close to Highway One and public transit. Perfect for commuters - near the Port Mann bridge.
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What $500,000 buys in today's Canadian real estate market VancouverWhat $500,000 buys in today's Canadian real estate marketFrom a detached New England-style home to a one-bedroom condo near the beach, $500k buys wildly different properties in today's real estate market ![]() Article SidebarArticle contentDepending on where you look, half a million dollars can buy a one bedroom-one bath condo or a five-bedroom, four-bathroom detached home. Such is the Canadian housing market circa January 2021. Below, you’ll find a number of homes near our selected $500k ceiling. There aren’t many surprises, but who doesn’t enjoy picturing a new life in a new (perhaps with a private garage) home? St. John’s99 Winslow St. ($499,900) This fully developed family home comes with two large separate garages with heated floors and loft. There are three bedrooms on the second floor, including two with full bathrooms, and a spacious master bedroom with ensuite and walk-in closet. The main floor consists of an office/den, bright living room, a large open dining room and kitchen combo, pantry with closet, and a powder room. A finished basement features a rec room and wet bar, over-sized bedroom/games room, laundry room and full bath. The backyard has lots of hard surface area and a separate fenced green space. AdvertisementSTORY CONTINUES BELOW
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Article content continued![]() Killarney Road, New Brunswick80 Jenkins Drive ($499,900) Located a four-minute drive from Fredericton, this New Brunswick home is reminiscent of a New England farmhouse. The five-bedroom, 3.5 bathroom two-storey features red cedar shingles and tiled floors and, in the kitchen, red shaker cabinetry with accent glass doors, stone backsplash, porcelain floors and new appliances. The kitchen opens to a formal dining room with red pine plank floors. A spacious living room and den/potential bedroom complete the main level. The upper level offers a newly refinished bathroom with porcelain floors, tub/shower with white subway tile and three bedrooms. A large master comes with a private ensuite, complete with large vanity, soaker tub, tile shower and porcelain floors. The recently finished lower level includes a generous-sized family room, two more large bedrooms, and a third full bathroom, also with tub/shower with white subway tile. Outside, a back deck and two covered front porches look out on a landscaped yard. ![]() Montreal#202-2410 Rue Ste-Catherine E. ($499,700) This two-bedroom, one-bath Montreal condo offers 1,232 square feet of open space with large bedrooms and a private 20′ x 8′ terrace. It’s located in the Ville Marie neighbourhood, home to Montreal’s central business district. ![]() Toronto#1112 -1420 Dupont St. ($499,900) Located in the Junction Triangle in Toronto’s West End, this one-bedroom, one-bathroom condo features exposure to an abundance of natural light. Panoramic views of the city are on display from the bedroom and balcony. Freshly painted with upgraded bedroom storage and glass roller door, the unit is near shops and grocery stores as well as subway and transit. Parking included. AdvertisementSTORY CONTINUES BELOW
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Article content continued![]() Winnipeg10 Robert Blaikie Pl. ($499,900) This 1,920-square-foot five-bedroom, three-bathroom home is located on a quiet cul-de-sac in a northeast corner of Winnipeg. The main floor offers vaulted ceilings throughout, a laundry/mudroom, formal dining room, large bright island kitchen with granite countertops, and a built-in cooktop and oven. A second rear dining room with patio doors leads to a sunroom and additional deck. The large open-concept great room comes with a fireplace/entertainment centre and laminate flooring. The large upper primary bedroom features a walk-in closet and an ensuite with a corner jetted tub. Windows are triple-paned. There is also a 20’ x 22’ garage and a 24-foot above-ground pool, storage shed and a finished basement. ![]() Calgary3813 Parkhill St. SW ($499,000) Located on a hilltop in Parkhill, this contemporary-style home has three bedrooms and two bathrooms on two fully finished levels. The upper level features a modern design with hardwood floors and a family room with a mantled wood fireplace. At the rear of the home is a good-sized kitchen with a spacious eating area and access to a private backyard with deck, mature trees, hot tub and double detached garage. On the lower level are three spacious bedrooms and a bath with a rain shower, vessel sink and sleek fixtures. The lower area includes laundry room and storage room. The house is within walking distance of shops and restaurants on 4th Street. AdvertisementSTORY CONTINUES BELOW
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Article content continued![]() Vancouver2025 Stephens St. ($498,000) This one-bedroom-plus-den 495-square-foot condo is located in Vancouver’s much-desired Kitsilano neighbourhood, near shops and restaurants on West 4th and close to the beach. Features include views of the North Shore mountains, an open-concept kitchen with quartz countertops, stainless steel appliances and a breakfast bar that opens to an airy living room with vaulted ceilings, skylights and a fireplace. Amenities include a storage locker and parking. Cats and rentals allowed. THIS WEEK IN FLYERSArticle CommentsCOMMENTSPostmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Comments may take up to an hour for moderation before appearing on the site. We ask you to keep your comments relevant and respectful. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Visit our Community Guidelines for more information and details on how to adjust your email settings. Vancouver Donald Trump Tower condo sales & houses lofts townhouses penthousesThis Vancouver 'gnome home' is trolling a local real estate company (VIDEO)
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I have sold a property at 407 1330 HORNBY ST in Vancouver
Posted in:
Downtown VW, Vancouver West Real Estate
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I have sold a property at 407 1330 HORNBY ST in Vancouver.
Welcome to HORNBY COURT! The perfect Pied-a-Terre for the Investor or the First Time Home Buyer! Functional & Spacious layout makes this East facing, studio home feels larger than it is. Enjoy the covered balcony year round for additional living space. The large bay window makes for a perfect spot to cozy up to read. Custom dark wood colour built-in Murphy bed, shelving & desk can remain for the new home owner. Laminate flooring throughout! This concrete building features bike room, exercise room, storage locker & caretaker. Strata plan shows 439 sq ft, professionally measured 449 sq ft. Maintenance fee includes heat and hot water. Rentals allowed. Located in the best location steps to to Yaletown, Sunset Beach, and the Aquatic Centre.
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Real Estate in Vancouver for sale good deals
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Vancouver real estate: 2021 off to roaring start as January sales so far look headed for record high
It looks like there's still a lot of pent-up demand left. Perhaps it's strong enough to propel the real-estate market in Greater Vancouver to a new ...
2 days ago
Vancouver real estate: Low supply behind price increases for detached homes
Mayur Arora just sold a detached home in Surrey's Fraser Heights for $115,000 over the ask price of $1.3 million. The real estate agent showed ...
1 week ago
Toronto and Vancouver Condo Buyers Warned by CMHC Still Getting Slaughtered
Canadian real estate markets may be on fire, but don't let that fool you into thinking everyone's made money. Canada Mortgage and Housing ...
2 weeks ago
Foreign ownership registry a game changer in B.C. say real estate insiders
According to the province, the Land Owner Transparency Registry is the first in the world to require ownership disclosure of land that is owned ...
1 month ago
Vancouver home sales set new record for December after surging 53.4%
The Real Estate Board of Greater Vancouver says home sales were up 53.4 per cent in the final month of 2020 compared with December 2019, ...
2 weeks ago
B.C. Assessment updates 2020 valuations, showing big increases for property owners
The B.C. Assessment Authority released its online record of property valuations for 2020 without the usual fanfare. Traditionally around New ...
2 weeks ago
Vancouver real estate: Home sales surge 53.4%, setting new ...
VANCOUVER -- Vancouver's real estate market ended 2020 with a bang, as a December home-buying spree helped the market rebound from ...
2 weeks ago
Who knew a health crisis would spur on a Vancouver real estate boom?
New data suggests real estate boom in Vancouver, with pandemic playing a role in fueling it. Report finds more than half of Canada's largest ...
6 days ago
Vancouver real estate: REITs announce $292 million purchase of 15 rental apartment buildings
Two Ontario-based real estate investment trusts announced their $292.5 million purchase of 15 rental apartment buildings in Vancouver's West ...
1 week ago
Stay up to date on results for vancouver real estate.
Vancouver houses good deals condos townhouses lofts penthousesB.C. real estate regulator clamps down on activities of 'Wolf of Burrard Street'
B.C.'s real estate regulator has issued what it described as an urgent ... account at WolfofBurrardst showed older photos of him in Vancouver ...
5 hours ago
These are the most expensive real estate listings in ...
This month's roundup of Vancouver's most expensive listings by roomvu includes gorgeous views from both the inside and outside, not to ...
4 days ago
Vancouver real estate: Home sales surge 53.4%, setting new ...
VANCOUVER -- Vancouver's real estate market ended 2020 with a bang, as a December home-buying spree helped the market rebound from ...
2 weeks ago
Vancouver real estate: Low supply behind price increases for detached homes
Mayur Arora just sold a detached home in Surrey's Fraser Heights for $115,000 over the ask price of $1.3 million. The real estate agent showed ...
1 week ago
Who knew a health crisis would spur on a Vancouver real estate boom?
New data suggests real estate boom in Vancouver, with pandemic playing a role in fueling it. Report finds more than half of Canada's largest ...
3 days ago
Vancouver real estate: REITs announce $292 million purchase of 15 rental apartment buildings
Two Ontario-based real estate investment trusts announced their $292.5 million purchase of 15 rental apartment buildings in Vancouver's West ...
6 days ago
Vancouver real estate: detached homes priced below $1.5 ...
Vancouver real estate: detached homes priced below $1.5 million benchmark show some affordability left in market. by Carlito Pablo on ...
1 month ago
Vancouver real estate: cheapest properties sold in 2020 were ...
Realtor Michael Mihaylov sold parking stall number 77 for $45,000. The least priced real estate deals in Vancouver last year did not involve the ...
2 weeks ago
This Week’s Top Stories: Toronto and Vancouver Condo Buyers Hit With Big Losses, While Severe Delinquencies Rise
Greater Vancouver real estate prices are up a lot from last year, but still making up for ground lost. The composite benchmark reached $1,047,400 ...
1 week ago
Predictions 2021: Demand for housing will remain high in ...
A December 14, 2020, report by Vancouver-based Dexter Realty ... In a fourth-quarter forecast released last November, the B.C. Real Estate ...
2 weeks ago
Stay up to date on results for vancouver real estate.
Vancouver real estate: Is Donald’s name hurting sales? Trump Tower condos have tough time finding buyersVancouver real estate: Is Donald’s name hurting sales? Trump Tower condos have tough time finding buyers2 of 2
Perhaps it’s time to dump Donald’s brand. For years, there had been calls to rename the Trump International Hotel and Tower Vancouver because of controversies involving the now soon-to-be ex-U.S. president. These have been ignored so far. Realtor and market observer David Hutchinson wonders if Donald Trump’s name is bad for sales at the residential skyscraper. RELATED STORIES
“Maybe it needs to be Biden Tower,” Hutchinson joked, referring to incoming American president Joe Biden. Real-estate site Zealty.ca lists seven condo units at Trump Tower at 1151 West Georgia Street that have yet to find buyers. One example is Unit 3602. As of today (January 17), Unit 3602 has been on the market for 377 days. The two-bedroom, three-bath apartment was listed by Coldwell Banker Prestige Realty on January 6, 2020 for $2,480,000. Another example is a sub-penthouse, the most expensive in the list on unsold properties at Trump Tower. Unit 6705 is priced at $7,980,000. Royal Pacific Realty Corp. listed the property on September 23, 2020. The sub-penthouse, whose ownership interest is noted by the Zealty.ca site as “First Nations Lease”, marked its 117 days on the market as of January 17, 2021. Another example is Unit 4303. Royal Pacific Realty Corp. listed Unit 4303 on July 13, 2020. As of today (January 17, 2021), it’s been on the market for 191 days. The three-bedroom, three-bath unit has a listing priceof $3,998,000. Hutchinson, a realtor with Sutton Group-West Coast Realty, noted that the newest listing is for Unit 3706. Unit 376 came on the market on January 5, 2021. The listing price is $1,198,000. “Will the building change its name? Does the name hurt?” Hutchinson asked. The Trump Organization licensed its name to the tower developer, the Holborn Group. Trump and his family visited Vancouver in 2013. ![]() |
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