REAL ESTATE WEEKLY Looking to BUY or SELL a home? To assist you in making the best decisions, a professional Realtor can provide the most up to date information on the real estate market, price, financing and comparative properties in your area. Find your EXPERT Real Estate professional right here in REW.ca! GO TO REW.CA /NEWS TO READ THESE STORIES AND MUCH MORE REAL ESTATE NEWS AND ADVICE RBC Contradicts CMHC over BC Home Sales Forecast Ask the Expert: Renegotiating Over Inspection Issues Exploring the Benefits of Reverse Mortgages COQUITLAM PORT COQUITLAM PORT MOODY FRIDAY, FEBRUARY 20, 2015 info@rew.ca • 604-435-7977 A Vancouver-based team of researchers called Slow Streets wants to shake up the way we think about who and what streets are for. Does our current model of road- ways designed predominately for cars make the best social and economic sense? What if streets made slower methods of getting places – like walk- ing, cycling or transit – easier and more attractive? In a recent report, Slow Streets made a strong case for the argument that placing greater priority on “slower modes” of transportation not only cre- ates a higher return on investment but also helps local businesses thrive. Comparing Commercial Drive and Union Street – now into its second year with a segregated cycling lane buffered by car parking – the team uncovered a wealth of data to support the idea. Who’s on The Drive? Who’s on The Drive? The study began by examining who is on The Drive and how they trav- elled there. Data collected during three observation periods (weekday after- noon, peak evening and weekend after- noon between September and October 2014) revealed that an astonishing 93 per cent of people visiting The Drive had arrived on foot. A further 3 per cent arrived on transit, with cycling and cars accounting for 2 per cent each. On average, 665 pedestrians passed each observation point every hour but almost three-quarters of them were simply on their way to somewhere else. The rest were either shopping or had plans to meet with friends. Regardless of why or how they came to The Drive, though, people spent the majority of their time walking on the sidewalk. Only 65 cyclists per hour were willing to risk the dangers of navigating a busy road with no cycle lane. In comparison, Union Street sees 289 cyclists per hour cycling and has a significantly lower noise level – Commercial’s 76dB is like standing 15 metres from a highway while Union is approximately the level of a TV or radio. Which begs the question, in a neigh- bourhood that has one of the lowest rates of car ownership, why not create a more comfortable, secure sidewalk experience on The Drive? Good Business Good Business “One of the biggest surprises when we looked at Commercial Drive was that most of the people who spend time there are on their feet,” says Samuel Baron, one of the study’s four authors. “But with six lanes of traffic and parking, it can become so crowded it’s uninviting. Simply replacing two of those lanes with protected cycle lanes and widened sidewalks you create a safer, more inviting environment for pedestrian traffic, provide opportuni- ties for patios and other outdoor spaces where people can socialize, all the while enhancing the existing lively, urban vibe.” And while there’s long been a per- ception that retailers in ground-orient- ed shopping areas would suffer if park- ing is removed, Slow Streets’ research showed the opposite. In fact, about 20 per cent of Union Street area residents who cycle said they stop (and shop) at local businesses more frequently now the protected cycle lanes have been installed. Five out of seven businesses on Union Street said implementing a bike lane was good for Union Street and have changed their minds for the better about bike lanes in general. Four out of seven said it increased their business. “When you have people walking and looking in shop windows, they are much more likely to make spontaneous purchases,” Baron notes, adding that a related Portland study found people who are walking or cycling spend more per month at restaurants, bars and con- venience stores than car drivers. All of which means that slow streets are good for people and good for business. To check out the complete report, visit slowstreets.wordpress.com. IN VANCOUVER’S STREETS DRIVING CHANGE
8
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COQUITLAM / PORT COQUITLAM / PORT MOODY Feb 20, 2015 Real Estate Weekly
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R E A L E S T A T E W E E K L Y
Looking to BUY or SELL a home? To assist you in making the best decisions,
a professional Realtor can provide the most
up to date information on the real estate
market, price, fi nancing and comparative
properties in your area.
Find your EXPERT Real Estate professional right here in REW.ca!
GO TOREW.CA /NEWS
TO READ THESE STORIESAND MUCH MORE REAL ESTATE
NEWS AND ADVICE
RBC Contradicts CMHC over BC Home
Sales Forecast
Ask the Expert: Renegotiating Over Inspection Issues
Exploring the Benefi ts of
Reverse Mortgages
COQUITLAM PORT COQUITLAM PORT MOODY FRIDAY, FEBRUARY 20, [email protected] • 604-435-7977
A Vancouver-based team of
researchers called Slow Streets
wants to shake up the way we
think about who and what streets are
for. Does our current model of road-
ways designed predominately for cars
make the best social and economic
sense? What if streets made slower
methods of getting places – like walk-
ing, cycling or transit – easier and more
attractive?
In a recent report, Slow Streets made
a strong case for the argument that
placing greater priority on “slower
modes” of transportation not only cre-
ates a higher return on investment but
also helps local businesses thrive.
Comparing Commercial Drive and
Union Street – now into its second year
with a segregated cycling lane buff ered
by car parking – the team uncovered a
wealth of data to support the idea.
Who’s on The Drive?Who’s on The Drive?The study began by examining who
is on The Drive and how they trav-
elled there. Data collected during three
observation periods (weekday after-
noon, peak evening and weekend after-
noon between September and October
2014) revealed that an astonishing 93
per cent of people visiting The Drive
had arrived on foot. A further 3 per cent
arrived on transit, with cycling and cars
accounting for 2 per cent each.
On average, 665 pedestrians passed
each observation point every hour but
almost three-quarters of them were
simply on their way to somewhere else.
The rest were either shopping or had
plans to meet with friends. Regardless
of why or how they came to The Drive,
though, people spent the majority of
their time walking on the sidewalk.
Only 65 cyclists per hour were willing
to risk the dangers of navigating a busy
road with no cycle lane.
In comparison, Union Street sees
289 cyclists per hour cycling and has
a signifi cantly lower noise level –
Commercial’s 76dB is like standing 15
metres from a highway while Union
is approximately the level of a TV or
radio.
Which begs the question, in a neigh-
bourhood that has one of the lowest
rates of car ownership, why not create
a more comfortable, secure sidewalk
experience on The Drive?
Good BusinessGood Business“One of the biggest surprises when
we looked at Commercial Drive was
that most of the people who spend
time there are on their feet,” says
Samuel Baron, one of the study’s four
authors. “But with six lanes of traffi c
and parking, it can become so crowded
it’s uninviting. Simply replacing two of
those lanes with protected cycle lanes
and widened sidewalks you create a
safer, more inviting environment for
pedestrian traffi c, provide opportuni-
ties for patios and other outdoor spaces
where people can socialize, all the
while enhancing the existing lively,
urban vibe.”
And while there’s long been a per-
ception that retailers in ground-orient-
ed shopping areas would suff er if park-
ing is removed, Slow Streets’ research
showed the opposite. In fact, about 20
per cent of Union Street area residents
who cycle said they stop (and shop) at
local businesses more frequently now
the protected cycle lanes have been
installed. Five out of seven businesses
on Union Street said implementing a
bike lane was good for Union Street and
have changed their minds for the better
about bike lanes in general. Four out of
seven said it increased their business.
“When you have people walking
and looking in shop windows, they are
much more likely to make spontaneous
purchases,” Baron notes, adding that
a related Portland study found people
who are walking or cycling spend more
per month at restaurants, bars and con-
venience stores than car drivers. All of
which means that slow streets are good
for people and good for business.
To check out the complete report,
visit slowstreets.wordpress.com.
IN VANCOUVER’S STREETS DRIVING CHANGE
•2 REW.ca » COQUITLAM / PORT COQUITLAM / PORT MOODY » FRIDAY FEBRUARY 20, 2015
Top 1% of Realtors for 2014Top 1% of Realtors for 201420142014 2014201420142014 20132013
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#9 3445 Wilkie Ave, Burke Mtn. $638,000
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7 Alder Way, Anmore
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YourExperienced
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#206-1215 Lansdowne Dr., Coq.Superb Complex (Sunridge Estates) In 2005 the exterior was completely redone including rain screen, new roofs, gutters, and windows.2 bed-rooms 2 full baths with newer renovations throughout including kitchen, flooring. Appliances and paint.Walk out from the living area and also master bedroom to a great sized balcony --great for your BBQ and enter-tainment. Lots of parking including a double garage. South facing bright and spacious and close to all the schools --shopping-parks-walking trails and recreation and just walk across to the pool. You don't want to miss it -- A lovely home. It is a 10.
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Pitt Meadows $325,000
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C.Maple Ridge $249,000
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Living and working in Surrey
RE/MAX westcoast realty
ERRERERERERERRRERREEREEEEEERRRREEERREEEE/////M///M/M/MMAXAXAX Peter DoleckiPeter DoleckiCell: 604-537-9352
The Residences at Suter Brook Village in Port Moody, what an incredible place to call home. Your new apartment has 2 bedrooms. a den, and a fam-ily room or fl ex space and has a gourmet kitchen that includes stainless steel appliances. The bright spacious and open fl oor plan has a functional layout separating the bedrooms on opposite sides giving added privacy. Walk outside the building and you are only steps away from incredible shops, restau-rants cafes, banks and more. Close to all levels of schools and minutes away from transit and soon skytrain. Just like a new unit but don't worry about any GST. Don't miss out. Call me to show you this stunning unit.
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45687 SPADINA AVENUECHILLIWACK, $249,000
Quiet, charming & a great place to call home. Centrally located on a pleasantly treed blvd. Two bedrooms with a great family room style loft, some original hardwood, new lami-nate in kitchen, mud room & in the master. Kitchen & bathroom updated approximately 9 years ago. Electrical has been upgraded & has 100 amp service. Roof was replaced 9 years ago. Well kept with detached garage & parking for your toys. Currently tenanted & a great investment opportunity.
2979 140th St.19063 62nd Ave. 3587 150 A St. 18107 21A Ave. 17421 1A Ave.
RECENTLY SOLD
LISTINGS NEEDED
• 306 SALES AWARDS SINCE 1984 • REBGV LIFE MEMBER WESTCOAST
CHILDCARE CENTRE + PROPERTY$1,168,000 OWNER RETIRING! RARE GOLDEN
OPPORTUNITY to own this FULL-DAY CHILDCARE CENTRE business & property in the most DESIRABLE LOCATION in PORT COQUITLAM. This 1997 built 5329 sq ̓LIVE/WORK 3-LEVEL FAMILY HOME/SCHOOL includes 1639 sqʼ+/- upstairs living quarters & a SUCCESSFUL PRE-SCHOOL & BEFORE/AFTER SCHOOL care programs business is on a 5635 sq ̓ CORNER PROPERTY. Run your childcare business, PAY YOUR OWN MORTGAGE INSTEAD OF RENT!
SIMMY SANDHU604-897-5880
DEXTER ASSOCIATES REALTY
JUST LISTED! $299,000
UPDATED 2 BEDROOM, 2 BATHROOM CONDOUPDATED 2 bedroom, 2 bathroom condo with NEW stainless steel appliances and counter tops in Kitchen & bathrooms, in beautiful West Coquitlam. 10 minute walk to skytrain and Lougheed Mall and nearby Vancouver Golf Club, close to all major amenities, shopping, schools & S.F.U. Perfect for the fi rst time home buyer or for those looking to downsize. MUST SEE TO APPRECIATE. SHOWS LIKE NEW!
#201 - 558 ROCHESTER AVENUE
•4 REW.ca » COQUITLAM / PORT COQUITLAM / PORT MOODY » FRIDAY FEBRUARY 20, 2015
with a rec room & separate entry• Welcoming F/P & vaulted ceilings• Close to public transit & shopping
centres
Riverbend - Coquitlam
Ada Chan 604-813-2928
$519,900
• Excellent investment property
• RT-4 zoned with separate addresses
• Corner lot, quiet family oriented neighbourhood
2172-2174 Adanac - Van.
Vince Stancato 604-727-6282
$1,179,000
• Conveniently located & affordable detached townhome
• H/W fl oors, 2 gas f/Ps & 3 spac. bdrms• Finished bsmt with 2 more rooms• Only steps away from a golf course,
trails and mtnns & more great views
Parkway Blvd - Coquitlam
Jeff Liu 778-689-8389
$715,000
• Open fl oor plan• Hardwood fl ooring• Stainless steel appliances• Fabulous gourmet kitchen area
918 Robinson - Coquitlam
Manya Milkovich 778-929-7328
$1,020,000
• Spacious & functional 2 bedroom unit with great features!
• Green, natural surroundings• Like brand new w/high-end laminate fl ooring• Gourmet kitchen with stainless steel appls &
stunning granite counter tops
Francis Way
Anna Choi 604-512-4567
$379,000
• 3 level, clean & very well maintained home
• Spacious living area with 7 bdrms• A private backyard with a great view• Large kitchen with plenty of storage
& stainless steel appliances
108TH Ave. - Surrey
Molenia Golshani 604-760-7486
$834,900
• Award winning estate!• Amazing 5 bdrm, 7 bath home• Professional interior décor• Grand granite entry way as well
as a triple oversized garage
Plateau Blvd - Coquitlam
Eric Gan 604-351-1232
$2,180,000
• Central location! Just steps to the mall, public transit & future Evergreen Line
• Stainless steel appls & granite countertops• Open fl oorplan with bring spacious kitchen• Lots of cabinet space and great
amenities included!
#308 Glen Dr - Coquitlam
Yas Malek 778-883-1353
$319,000
• Great corner unit on the quiet side of the bldg with both city & mtn views
• 2 bdrm as well as 2 full bath• Close to schools as well as shopping• Full amenities included (outdoor
rooftop pool, exercise room etc.)
#905 Glen Dr - Coquitlam
Devi Manhas 604-710-0005
$379,000
• Spectacular Mt. Baker view• Luxury 2 bdrm condo • Includes a swimming pool and hot tub with a
great view• Garden areas & a fi tness center also included
Atlantic Ave. - Coquitlam
Leila Maleki 604-657-7496
$389,000
• Breath taking view of the Mtns, Fraser River and the Fraser Valley
• 3 very cozy fi replaces• Large soaker tub in master bdrm•Lots of storage
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$998,000
• Beautiful & bright hillside home• High ceilings and an amazing
entrance• Giant offi ce with boardroom table • Roomy 3 car garage
Quintette - Coquitlam
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$1,159,900
• Beautiful 2 bdrm, 2 bath condo, conveniently located
• Stunning courtyard view• High end stainless steel appliances• Granite countertops
Genest - Coquitlam
Sheila Yang 778-688-0961
$361,800
We are very excited to welcome Duane Fast to our growing offi ce. We invite you to contact Duane for all your real estate needs, email him at [email protected] or phone (604) 616-9078.
DUANEFAST
ANNOUNCEMENT
Happy Chinese New Year
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Helping you is what we do.™
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REW.ca » COQUITLAM / PORT COQUITLAM / PORT MOODY » FRIDAY FEBRUARY 20, 2015 5•
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Brookside Realty 11933 224th Street Maple Ridge
GREAT STARTER!326 - 12238 224TH STREET1 BDRM + DEN
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CUTE & COZY STARTER!32853 3RD AVENUEMISSION
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33 22411 124TH AVENUEFENCED YARD!
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4 BEDROOM ON CORNER LOT8066 EAGLE CRESCENT8016 SQ. FT. LOT
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LIFE IN BALANCE.....65 - 6747 203RD STREETSAGEBROOK
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• 2 bdrm ~ 2 bath• 3 level townhome• South facing b/yard• Club house/outdoor pool• Minutes to shopping• Minutes to recreation• Parks/schools short drive
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704 12069 Harris Road
$319,900$319,900
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Nicole Jackson604-467-5000
Brookside Realty
11933-224 Street, Maple Ridge • 604-467-5000
OPEN EVERY DAY 1-4PM, CLOSED THURS & FRI
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REW.ca » COQUITLAM / PORT COQUITLAM / PORT MOODY » FRIDAY FEBRUARY 20, 2015 7•
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