I have listed a new property at 45408 SPARTAN CRES in Chilliwack.
Won't last long! Great price point to get into this neighbourhood in a basement entry home for the family! This home offers 3 bedrooms up, large kitchen and dining room with newer laminate flooring in the bedrooms and dining room! Off the kitchen, enjoy your private covered deck. The spacious living room offers a gas fireplace. Master bed offers a 2 piece ensuite. Your fenced yard offers full privacy with hedges and many types of plants/tree and even a greenhouse for the nature lover! Below the laundry room is huge and offers extra storage space! Single garage is large and ample parking in driveway for vehicles and even an RV. Close to schools & shopping. Call today for your viewing!
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Please visit our Open House at 45408 SPARTAN CRES in Chilliwack.
Open House on Saturday, June 24, 2017 1:00PM - 3:00PM
Won't last long! Great price point to get into this neighbourhood in a basement entry home for the family! This home offers 3 bedrooms up, large kitchen and dining room with newer laminate flooring in the bedrooms and dining room! Off the kitchen, enjoy your private covered deck. The spacious living room offers a gas fireplace. Master bed offers a 2 piece ensuite. Your fenced yard offers full privacy with hedges and many types of plants/tree and even a greenhouse for the nature lover! Below the laundry room is huge and offers extra storage space! Single garage is large and ample parking in driveway for vehicles and even an RV. Close to schools & shopping. Call today for your viewing!
Read Full Story
Please visit our Open House at 45408 SPARTAN CRES in Chilliwack.
Open House on Sunday, June 25, 2017 1:00PM - 3:00PM
Won't last long! Great price point to get into this neighbourhood in a basement entry home for the family! This home offers 3 bedrooms up, large kitchen and dining room with newer laminate flooring in the bedrooms and dining room! Off the kitchen, enjoy your private covered deck. The spacious living room offers a gas fireplace. Master bed offers a 2 piece ensuite. Your fenced yard offers full privacy with hedges and many types of plants/tree and even a greenhouse for the nature lover! Below the laundry room is huge and offers extra storage space! Single garage is large and ample parking in driveway for vehicles and even an RV. Close to schools & shopping. Call today for your viewing!
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Vancouver housing market "ain't seen nothing yet"

 

 

The Vancouver real estate market, far from reaching its peak in terms of unaffordability and lack of housing, is merely “dancing on the edges of a massive problem,” according to one leading development marketer.

Speaking to a packed audience at the Urban Development Institute luncheon on new home marketing at the Fairmont Hotel Vancouver June 8, Cameron McNeill of MLA Canada added, “We ain’t seen nothing yet.”

The panel of well-known development marketing bosses, which also included Scott Brown of Fifth Avenue Real Estate Marketing and Daryl Simpson of Bosa Properties, discussed how blistering demand and a trickling supply of new housing is affecting the affordability of homes in the region.

Event moderator and UDI chair Jon Stovell of Reliance Properties asked the panel whether onerous building permit requirements and slow processing times were affecting home prices – to which the reply was unanimously “yes, absolutely, 100%.”

 

Cameron McNeill said that the Metro Vancouver region is expected to grow by 250,000 people in next five years, and that it currently takes around six years to get a highrise residential project from conception to occupancy – “if it all goes well”. He said, “And that’s maybe 300 units. The city is 300,000 people bigger by that point.” However, McNeill's comments do not jive with Metro Vancouver's projections for population growth, which would estimate an additional 180,000 people over the next six years.

 

McNeill added, “We’re dancing on the edges of a massive, massive problem. And it’s not going to change. I just came back from Hong Kong and everybody I spoke to said to me, ‘That’s nothing.’ We ain’t seen nothing yet. This is just the tip of the iceberg for Vancouver.”

 

Daryl Simpson pointed out that population growth numbers, and therefore housing demand, would likely be even higher than projected, as projections are based solely on permanent residents and citizens. “One thing they rarely look at student visas and multiple-entry visas. There were 67,000 student visas in BC last year. And you have to think, if they’re flying to BC to study, these are students with means, maybe wealthy families. In 2016, there were 315,000 multiple entry visas – they last 10 years and allow people to fly back and forth. So you need to layer those on top of the permanent residents and citizen population growth.”

 

Scott Brown said, “You can’t fix demand. And if this is a housing crisis as the media says, where is the multi-stakeholder group figuring out how to speed up supply? If we were going to war we sure as hell would be working out how to arm up quickly. But we spend more time working out how to break things apart than how to fix things. We need to work together. We’re trying, but putting one project a time on the market, there’s so much demand, prices just keep escalating.”

 

Simpson added, “Look at the 450 acres in False Creek Flats, with 1,400 residential units in total earmarked for that area. That’s three homes per acre. That’s insane. Ask Ryan Holmes of Hootsuite what he needs, it’s not 450 acres of industrial land, its proximate residential units [so employees can afford to live in Vancouver close to work]. Ask Amazon, they’ll say the same thing. Go to Seattle, there are more residential units being built by Vancouver developers – Bosa, Westbank, Onni – right across the street from the Amazon HQ than will be built in the whole of the False Creek Flats.”

 

 

 

 

 

 

 

 

Source: http://www.rew.ca/news/vancouver-housing-market-ain-t-seen-nothing-yet-1.20508243

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I have sold a property at 114 45567 YALE RD in Chilliwack.
Investor/First Time Buyer Alert! Great opportunity for a 1 bedroom, 1 full bathroom unit at "The Vibe". Your features include all appliances, D/W, microwave, in suite laundry, walk-in closet, soaker tub, underground parking, fob security system, storage locker & sundeck for your BBQ. Close to all amenities, shopping (Eagle Landing, Cottonwood Mall), hospital, recreation centre, public transit &highway #1 for that easy commute. The Vibe Club includes a fitness area & private function accommodations. Rentals are allowed here! This unit is a pleasure to show & offers value for the first time Buyer &/or Investors. Call for your private showing!
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Please visit our Open House at 17 31125 WESTRIDGE PL in Abbotsford.
Open House on Saturday, June 17, 2017 1:00PM - 3:00PM
Your search stops here! This 3 bedroom, 2 bathroom townhouse backing onto greenbelt is perfect for first time home buyers. Large, open layout on the main floor with granite countertops and stainless steel appliances. Walking distance to all 3 levels of school and close access to Highway #1. This Home will not last!
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Please visit our Open House at 4248 ETON ST in Burnaby.
Open House on Saturday, June 17, 2017 1:00PM - 3:00PM
Brand New!!! Stunning custom built home on a quaint Magnolia-tree lined st in North Burnaby. Notice quality throughout this home with beautiful hardwoord floors, in-floor radiant heating, waterfall quartz counter-tops, AC, designer chandeliers and much more! Fall in love with the designer kitchen boasting exquisite melamine cabinetry and high-end SS appliances including a Wolfe range. The deck off the kitchen offers southern exposure to enjoy your summers! In the master bedroom enjoy sneak-peek views of the ocean, a spacious WIC, and lavish ensuite with a soaker tub to unwind! Need more? This home offers a legal-suite, security with 4 HD cameras, & 2-5-10 Warranty for piece of mind! Close to BCIT, SFU, & Brentwood Town Centre! OPEN HOUSE JUNE 3 & 4 - 1-3 PM.
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I have listed a new property at 49 31125 WESTRIDGE PL in Abbotsford.
Your search stops here! This 3 bedroom, 2 bathroom townhouse backing onto greenbelt is perfect for first time home buyers. Large, open layout on the main floor with granite countertops and stainless steel appliances. Walking distance to all 3 levels of school and close access to Highway #1. This Home will not last!
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I have listed a new property at 17 31125 WESTRIDGE PL in Abbotsford.
Your search stops here! This 3 bedroom, 2 bathroom townhouse backing onto greenbelt is perfect for first time home buyers. Large, open layout on the main floor with granite countertops and stainless steel appliances. Walking distance to all 3 levels of school and close access to Highway #1. This Home will not last!
Read Full Story
I have sold a property at 315 45567 YALE RD in Chilliwack.
Investor/First Time Buyer Alert! Great opportunity for a 1 bedroom, 1 full bathroom unit at "The Vibe". Your features include all appliances, D/W, microwave, in suite laundry, walk-in closet, soaker tub, underground parking, fob security key system, storage locker & sundeck for your BBQ. Close to all of the amenities, shopping (Eagle Landing, Cottonwood Mall), Hospital, recreation centre, public transit & highway #1 for that easy commute. The Vibe Club includes a fitness area & private function accommodations. Rentals are allowed here! This unit is a pleasure to show & offers superb value for the first time Buyer &/or Investor. Call for your private showing!
Read Full Story
I have listed a new property at 4248 ETON ST in Burnaby.
Brand New!!! Stunning custom built home on a quaint Magnolia-tree lined st in North Burnaby. Notice quality throughout this home with beautiful hardwoord floors, in-floor radiant heating, waterfall quartz counter-tops, AC, designer chandeliers and much more! Fall in love with the designer kitchen boasting exquisite melamine cabinetry and high-end SS appliances including a Wolfe range. The deck off the kitchen offers southern exposure to enjoy your summers! In the master bedroom enjoy sneak-peek views of the ocean, a spacious WIC, and lavish ensuite with a soaker tub to unwind! Need more? This home offers a legal-suite, security with 4 HD cameras, & 2-5-10 Warranty for piece of mind! Close to BCIT, SFU, & Brentwood Town Centre! OPEN HOUSE JUNE 3 & 4 - 1-3 PM.
Read Full Story
Please visit our Open House at 4248 ETON ST in Burnaby.
Open House on Saturday, June 3, 2017 1:00PM - 3:00PM
Brand New!!! Stunning custom built home on a quaint Magnolia-tree lined st in North Burnaby. Notice quality throughout this home with beautiful hardwoord floors, in-floor radiant heating, waterfall quartz counter-tops, AC, designer chandeliers and much more! Fall in love with the designer kitchen boasting exquisite melamine cabinetry and high-end SS appliances including a Wolfe range. The deck off the kitchen offers southern exposure to enjoy your summers! In the master bedroom enjoy sneak-peek views of the ocean, a spacious WIC, and lavish ensuite with a soaker tub to unwind! Need more? This home offers a legal-suite, security with 4 HD cameras, & 2-5-10 Warranty for piece of mind! Close to BCIT, SFU, & Brentwood Town Centre! OPEN HOUSE JUNE 3 & 4 - 1-3 PM.
Read Full Story
Please visit our Open House at 4248 ETON ST in Burnaby.
Open House on Sunday, June 4, 2017 1:00PM - 3:00PM
Brand New!!! Stunning custom built home on a quaint Magnolia-tree lined st in North Burnaby. Notice quality throughout this home with beautiful hardwoord floors, in-floor radiant heating, waterfall quartz counter-tops, AC, designer chandeliers and much more! Fall in love with the designer kitchen boasting exquisite melamine cabinetry and high-end SS appliances including a Wolfe range. The deck off the kitchen offers southern exposure to enjoy your summers! In the master bedroom enjoy sneak-peek views of the ocean, a spacious WIC, and lavish ensuite with a soaker tub to unwind! Need more? This home offers a legal-suite, security with 4 HD cameras, & 2-5-10 Warranty for piece of mind! Close to BCIT, SFU, & Brentwood Town Centre! OPEN HOUSE JUNE 3 & 4 - 1-3 PM.
Read Full Story
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