Burnaby New Westminster Real Estate Review

Friday, October 28, 2011 NewsLeader A27

RE LestateREVIEWpresented by

Check out this restored and mechanically updated 3 bedroom, 2 bathroom, 2104 square foot 1892 character home in the heart of Queens Park. Located on a beautiful, quiet, tree lined, cobblestone street just steps from Sullivan Park and close to schools, shops and skytrain. This charming home features fi r, beech and tile fl oors, high ceilings, nice fl oor plan with generous room sizes. Living room has gas fi replace and hand painted ceiling mural. Sunken family room boasts a bay window and vaulted ceilings. An updated open kitchen eating area with newer appliances and formal dining room. Newer full bathroom with Jacuzzi tub on main. 3 bedrooms and newer bathroom upstairs. Private backyard with newer fencing, large patio and nice landscaping front and back. Also note: newer windows, electric, plumbing, crawl space, drainage upgrades, newer sewer and water lines, stamped concrete driveway and walkways, 60% of the siding has been redone & exterior repainted last year.

Beautiful tile in the open kitchen

Wow! What a bathroom A cozy fi replace awaits you

This week’s feature ...

at 312 Third Street, New WestOPEN SATURDAY 2:30-4:30PM

Priced at $809,900For more information please contact

Dave Vallee from ReMax at 604-526-2888

a heritage HOUSE

BNWN111028_A 27 10/27/11 1:50:59 PM

A28 NewsLeader Friday, October 28, 2011A28 NewsLeader Friday, October 28, 2011

Consistent increases in property listings and fewer home sales over the summer months has helped move the Greater Vancouver housing market into the upper end of a buyers’ market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties

on the region’s Multiple Listing Service (MLS) reached 2,246 in September, a 1.2 per cent increase compared to the 2,220 sales in September 2010. Those sales also rank as the third lowest total for September over the last 10 years.

“There’s more competition amongst home sellers in today’s market, providing more options for

prospective buyers,” Rosario Setticasi, REBGV president said.”Buyers now have more properties to choose from and more time to make decisions compared to the spring season.”

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,680 in September, the third highest volume for September in 17 years. This represents a 20.1 per cent increase compared to September 2010 when 4,731 properties were listed for sale on the MLS and a 21.2 per cent increase compared to the 4,685 new listings reported in August 2011.

The number of properties listed for sale on the Greater Vancouver MLS system has increased each month since the beginning of the year. At 16,085, the total number of residential property listings on the MLS increased 4.6 per cent in September compared to August 2011 and rose 4.4 per cent compared to this time last year.

“Our sales-to-active-listing ratio currently sits at 14 per cent, which is the lowest it’s been this year. Generally analysts say that a buyer’s market takes shape when the ratio dips to about 12 to 14%, or lower, for a sustained period of time,” Setticasi said.

The MLSLink Housing Price Index (HPI) benchmark price for all residential properties in Greater

Vancouver over the last 12 months has increased 8.8 per cent to $627,994 in September 2011 from $577,174 in September 2010.

Since reaching a peak in June of $630,921, the benchmark price for all residential properties in the region has declined 0.5 per cent.

Sales of detached properties on the MLS in September 2011 reached 957, an increase of 10.5 per cent from the 866 detached sales recorded in September 2010, and a 32.8 per cent decrease from the 1,423 units sold in September 2009. The benchmark price for detached properties increased 13.4 per cent from September 2010 to $896,701.

Sales of apartment properties reached 922 in September 2011, a 5 per cent decrease compared to the 971 sales in September 2010, and a decrease of 38.1 per cent compared to the 1,489 sales in September 2009. The benchmark price of an apartment property increased 4.4 per cent from September 2010 to $405,569.

Attached property sales in September 2011 totalled 367, a 4.2 per cent decrease compared to the 383 sales in September 2010, and a 43.3 per cent decrease from the 647 attached properties sold in September 2009. Benchmark price of an attached unit increased 5.4 per cent between September 2010 and 2011 to $516,697.

More listings benefi ts buyers

Burnaby attached

New West detached

Units listedis the number of homes listed for sale in that month.

Units sold is the number of homes sold in that month.

Active listings is the number of homes listed for sale in that month plus the number of homes previously listed that haven’t sold yet.

Source: Real Estate Board of Greater Vancouver

The trends

Team Dave Vallee604-526-2888

RE/MAX Advantage Realty (Each offi ce independently owned and operated)

Visit our website for an online photo tour of our listings

www.TeamDaveVallee.comEmail: [email protected]

RE/MAX Advantage Realty’s Top Sales Team of the Year 2003-2010

Kellie Vallee KarenLeong-Boswell

New WestminsterNEWSLEADER

1PLACE

THIS WEEK’S SOLD:

#302 18 Smokey Smith$319,900

Great west facing, 2 bdrm in award winning, Whistler style “Crofton” building near Queens Park. This wonderful unit features gas � replace, insuite lndry with upgraded washer/dryer, kitchen w/tile � oors, maple cabinets and ceramic cooktop stove, newer laminate � oors, newer paint & ceiling fan. Complex is well maintained & managed and is in an excellent location just steps to Queens Park, Canada Games Pool, transit & schools.

#2 168 6th St$465,000

Spacious 1713 sf, 3 bdrm + den/rec room, 3 level townhome in “Royal City Terrace”. 1st level features den/rec room, main � oor has open kitchen with granite counters & laminate � oors and opens to living room area, great family room or dining area adjoining the kitchen, balcony with SE views and the 3rd level features 3 bedroom with ensuite in the mstr bdrm. Complex is conveniently located with walking distance to both Uptown and Downtown New Westminster.

OPEN SAT 12:00-2:00

OPEN SUN 12:00-2:00

• #303 812 MILTON ST • #1601 14 BEGBIE ST • #902 739 PRINCESS • 223 JARDINE ST • #501 69 JAMIESON

355 Hospital Street $665,000

Beautifully decorated & maintained 30 year old, 4 bdrm, 2 ½ bath, 1898 sf home with awesome river view, vaulted ceilings in living room & dining room, 3 bdrms on main & 1 bdrm in-law suite in above ground basement. This immaculate home features newer energy e� cient double windows, spacious deck & patio, 2 � replaces, newer � ooring & paint, oversized single garage + 2 open parking. Private back yard has grapes, patio, lawns & raised garden bed. This home is a 10 and is just a short walk to skytrian, schools, parks & shopping.

#303 777 8th St $315,000

WOW! Substantially reno’d, 2 bdrm, 975 sf, 3rd � r corner suite in “Moody Gardens” just across frm Moody Park & NWSS in Uptown New Westminster, close to recreation, shopping & transit. This bright & spacious immaculate suite has new paint & laminate � rs, crown moldings & baseboards throughout, updated kitch & bath, elec f/p, 2 wall mounted TV’s (negotiable) & much more! Bldg is well maint’d & managed & was rainscreed w/Hardiplank exterior in 2001. Super suite & great location!

312 3rd St $809,900

Restored & mechanically updated 3 bdrm, 2 bth, 2104 sf 1892 character hme in the heart of Queens Park on beautiful, quiet, tree lined, cobblestone St just steps to Sullivan Park & close to schools, shops & skytrain. This charming home feats � r, beech & tile � rs, high ceilings, nice � r plan w/generous rm sizes, LR w/gas fp & hand painted ceiling mural, sunken family rm w/bay wndw & vaulted ceilings, updated open kitch/EA w/ newer applcs, formal DR, newer full bath w/Jacuzzi tub on main. 3 bdrms + newer bth up. Private backyard w/newer fencing, lrg patio & nice landscaping front & back, newer wndws, elec, plumbing, crawl space, drainage upgrades, newer sewer & water lines, stamped concrete driveway & walkways, 60% of the siding has been redone & exterior repainted last year.

OPEN SUN 2:30-4:30

OPEN SUN 2:30-4:30

OPEN SAT 2:30-4:30

#2001 612 6th St $419,900

Beautiful 20th � oor SW, 2 bdrm, 2 bath, 1179 sf corner suite in the prestigious “Woodward” building with direct access to Mall in Uptown New Westminster. This immaculate suite features laminate � oors, open � oor plan, gas f/p, insuite lndry room, security system, SS fridge, lots of closets w organizers, spacious tiled deck. Building is well maint’d & managed with great amenity/social room & exercise room. Lots of visitor’s parking & close to all Uptown amenities, transit, parks, schools etc. Flexible possession.

#207 48 Richmond St $329,900

Beautifully decorated 2 bdrm 2 bath, 1157 sq ft Garden Suite w/ gorgeous River view in Fraserview close to parks, shopping, recreation and transit. This updated suite features laminate � oors, energy e� cient gas � replace with designer mantel, in-� oor heating throughout, insuite laundry, custom window coverings, oak kitchen w/ ceramic tile � oors, large closets, open plan, large room sizes, new carpets and 4 piece ensuite in master bdrm. Building is well maintained and managed, rainscreened, 3 year old roof and refurbished hallways. Adult orientated 19+, pets allowed and no rentals.

OPEN SUN 12:00-2:00

OPEN SAT & SUN 2:30-4:30

NEWLISTING

NEWLISTING

1718 Nanaimo Street $815,000

Wonderful character hme in the West End. Built in 1946 + a fabulous addition added upstairs in 1999. Main � r feats 2 bds (one currently used as an o� ce), spacious LR w/gas f/p & hrdwd � s, spacious white kitch w/tile � rs & newer applcs, dining area w/dble glass drs leading to sundeck w/hot tub & view of river & Alex Fraser Bridge. Up boasts a great open games/media rm, beautiful mstr bd w/lots of wndws to take advantage of the view, large ensuite w/Jacuzzi tub & sep shower, WI closet w/organizer & access to crawl space. Bsmnt is full height & fully � n’d w/2 bdrms, gas fp & separate entrance. Home has beaut wndws throughout, great lot w/ mature trees & Japanese grden in private fenced back yard, new roof & lane access. Lot size: 55’ x 124’.

OPEN SAT & SUN 2:30-4:30

NEWPRICE

54 Courtney Cres$849,900

Beautifully maint’d 3400 sf, 3 lvl, 4 bdrms + den + 2 bths family hme in desirable Massey Heights area located on a beautiful quiet family oriented street across from Elementary school. This elegant home feats spacious room sizes, 4 bdrms + 2 bths on the top � oor (master w/walk-in closet & ensuite), main � oor feats LR w/French doors, wood burning f/p, lrg dining room, updated kitch (7 yrs ago), den w/gas f/p, and large partially covered deck. Bsmt has 2 large rec room, lots of storage, bthrm & older kitchen. Home also feats new roof, new water line in & newer furnace & HW tank, front door & paint. HOME SHOWS WELL! LOT SIZE 62.91 x 99.97.

OPEN SAT 2:30-4:30

BNWN111028_A 28 10/27/11 1:51:00 PM

Friday, October 28, 2011 NewsLeader A29

Coqu

itla

m River Wilson Ave

Gates Park Sha

ugh

ness

y

St.

Mar

y H

ill R

d.

Pitt River Rd.

GARDEN SUITESFROM $220,437 AND TOWNHOMES FROM $380,627

NOW SELLING!AVIVACENTRALPARK.COMOR CALL 778-285-7778

A HIDDEN GEM!LARGE TOWNHOMESAND GARDEN SUITESNESTLED BESIDE ABEAUTIFUL PARK

Aviva on the Park is a rare find. A limited collection of 36 townhomes and garden suites. Exceptionally spacious, high end finishes, private landscaped courtyard and many homes back onto Central Park with lovely views. The location is perfect, close to all that Shaughnessy Village has to offer. Port Coquitlam offers a walkable village like feel, yet it’s conveniently close to Vancouver and all the convenience it has to offer.

L O V E T H E S P A C E . L I V E Y O U R D R E A M .

Aviva on the Park#114–2110 Rowland StreetPort Coquitlam BC V3C 0C2778 285 [email protected] quoted exclusive of HST and subject to change without notice. E&OE.

BNWN111028_A 29 10/27/11 1:51:04 PM

A30 NewsLeader Friday, October 28, 2011

MARKETING & SALES BY DEVELOPED BY

Coast M

eridian Rd

Johnson St

Lougheed Hwy

7

7

CoquitlamCentre

PinetreeW

ay

Princeton Ave

Highland DriveBurke Mountain, Coquitlam

Burke Mountain, Coquitlam

David Ave

Coast M

eridian Rd

Johnson St

Lougheed Hwy

7

7

CoquitlamCentre

PinetreeW

ay

Princeton Ave

Highland Drive

David Ave

Take A Virtual Tour of Our Showhome

A Signature Morningstar Community By Frederick T. Sale

Single Family Home

Avondale - Coquitlam

Richmond

Westside Vancouver

Burnaby

Age

Brand New

Brand New

Brand New

Brand New

Price

$829,900 (includes HST)

$2,017,198

$3,784,036

$1,209,249

BNWN111028_A 30 10/27/11 1:51:10 PM

Friday, October 28, 2011 NewsLeader A31

CASSIA SALES OFFICE& SHOWHOMES

BNWN111028_A 31 10/27/11 1:51:14 PM