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Charter Pacific and Degelder Group offer new homes in New Westminster’s Marinus at Plaza 88. With a transit urban village at the doorstep and sweeping water and mountain views, homes are selling fast. West Coast waterfront lifestyle ›› p.5 April 1, 2010 TRICIA LESLIE e Canadian housing market’s momen- tum has carried through into early 2010, with the sales transactions volume of January and February coming in only slightly below the near-record levels of late 2009, says a new Scotiabank report. e bank’s Global Real Estate Trends re- port, released last Tuesday, notes that Canada “still leads the pack” in housing market recovery among major developed countries. e average home listing price will reach a record level this year, the report predicts, and seller’s conditions will persist in most major centres across the country. Continued strong demand and high pric- ing is expected through the spring, especially given an expected rush of buyers hoping to pre-empt stricter qualifying criteria for in- sured mortgages effective April 19 as well as the July 1 introduction of the HST (Harmo- nized Sales Tax) in B.C. and Ontario. e volume of home sales transactions will increase by 10 per cent compared to last year, the report speculates, and both prices and housing starts are expected to increase. But more subdued activity is expected in the housing market in the second half of the year, as higher interest rates and higher home prices erode affordability, the report says. Scotiabank expects lower sales volume, lower prices, and a decrease in new construc- tion in 2011, and overall, a tamer market during this decade. “It is time for Canadians to reset their housing market expectations,” the report says. “We expect 2010 will mark a transition year as the boom of the ‘aughts’ gives way to a sustained period of more subdued housing activity for the coming decade.” Flex the usable space at home MAGGIE CALLOWAY Flexible space, or flex space, is becoming common in new housing in Metro Vancou- ver. People are living in their homes in dif- ferent ways than they did in previous years and homeowners need the freedom to adapt to different circumstances. Today’s flexible rooms mean more than the ability to turn an office quickly into a guest room by opening a sofa-bed; though the convenience of this ability is not lost, today homeowners need to be able to repurpose rooms as family needs change. Young families need space for a nursery and playrooms that, as the children grow, need to change. A scary statistic reveals that 50 per cent of adult children return home within 30 months, sometimes with a spouse and child in tow, so room to grow and change becomes mandatory. At the other end of the spectrum, Sales manager Laura Cavanagh enjoys a flex space at Polygon Homes’ Wedgewood in North Vancouver. Flex spaces are increasingly popular in new homes and can be used in many ways, including as a home office, library, media room or display space . Rob Newell photo Allow your home to grow and change with your family Home sales strong across Canada: report Housing market likely not as active in second half of 2010 CONTINUED ON P.2
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Page 1:

Charter Pacific and Degelder Group offer new homes in New Westminster’s Marinus at Plaza 88. With a transit urban village at the doorstep and sweeping water and mountain views, homes are selling fast.

West Coast waterfront lifestyle ›› p.5

April 1, 2010

TRICIA LESLIE

The Canadian housing market’s momen-tum has carried through into early 2010, with the sales transactions volume of January and February coming in only slightly below the near-record levels of late 2009, says a new Scotiabank report.

The bank’s Global Real Estate Trends re-port, released last Tuesday, notes that Canada “still leads the pack” in housing market recovery among major developed countries.

The average home listing price will reach a record level this year, the report predicts, and seller’s conditions will persist in most major centres across the country.

Continued strong demand and high pric-ing is expected through the spring, especially given an expected rush of buyers hoping to pre-empt stricter qualifying criteria for in-sured mortgages effective April 19 as well as the July 1 introduction of the HST (Harmo-nized Sales Tax) in B.C. and Ontario.

The volume of home sales transactions will increase by 10 per cent compared to last year, the report speculates, and both prices and housing starts are expected to increase.

But more subdued activity is expected in the housing market in the second half of the year, as higher interest rates and higher home prices erode affordability, the report says.

Scotiabank expects lower sales volume, lower prices, and a decrease in new construc-tion in 2011, and overall, a tamer market during this decade.

“It is time for Canadians to reset their housing market expectations,” the report says.

“We expect 2010 will mark a transition year as the boom of the ‘aughts’ gives way to a sustained period of more subdued housing activity for the coming decade.”

Flex the usable space at home

MAGGIE CALLOWAY

Flexible space, or flex space, is becoming common in new housing in Metro Vancou-ver. People are living in their homes in dif-

ferent ways than they did in previous years and homeowners need the freedom to adapt to different circumstances.

Today’s flexible rooms mean more than the ability to turn an office quickly into a guest room by opening a sofa-bed; though the convenience of this ability is not lost, today homeowners need to be able to repurpose rooms as family needs change. Young families need space for a nursery and

playrooms that, as the children grow, need to change.

A scary statistic reveals that 50 per cent of adult children return home within 30 months, sometimes with a spouse and child in tow, so room to grow and change becomes mandatory.

At the other end of the spectrum,

Sales manager Laura Cavanagh enjoys a flex space at Polygon Homes’ Wedgewood in

North Vancouver. Flex spaces are increasingly popular in new homes and can be used in

many ways, including as a home office, library, media room or display space . Rob Newell photo

Allow your home to grow and change with your family

Home sales strong across Canada: reportHousing market likely not as active in second half of 2010

CONTINUED ON P.2

Page 2:

2 • New Local Home | April 1, 2010

Publisher: Fiona Harris • 604-575-5822 • [email protected]: Tricia Leslie • 604-575-5346 • [email protected]: Maggie Calloway • [email protected] Advertising Sales: Black Press National Sales • Adrian Saunders • 604-575-5812 • [email protected] Advertising: 604-575-5822Designer: Brad Smith • [email protected]

New Local Home is published once a week by Black Press Group Ltd. (Suite 309 - 5460 152 Street, Surrey, B.C. V3S 5J9) 350,000 copies are distributed free across Metro Vancouver. Reproduction in whole or part is prohibited.

homeowners in their middle years may need to make room for aging parents who are no longer able to live independently.

Today’s builders and developers know if a family buys for the long-term – living in place through the years of a young family, teenage family, empty nesters and the ability to age in place – most rooms, except for the obvi-ous kitchen, bathroom, laundry and powder rooms, cannot be built for a specific purpose.

Flex spaces often need to be capable of serv-ing a multitude of functions at different times of the day, from office to guest room and pos-sibly, from play space to craft room.

Some homeowners may want to use it as a library, or as a display area for art.

Because of this need for multi-use, rooms which are obviously built for one purpose are no longer desirable.

Even the master bedroom needs to be as flexible as possible; what was once a nook off the main room and used as a nursery now becomes a sew-ing spot or reading area.

Sarah Gallop, a residential designer with My House Design/Build Team, agrees that space must be flexible in today’s new homes.

“Every family uses their space differently, so depending on the family’s age, they may

need a playroom early in the home and later, they may need to move the master bedroom

downstairs,” she says.“It’s great to have the flexibility, but it is very important – especially when building a new home – to consider room usage through the years.

“If you planned well up front in the design stage, you can realistically

stay in your home a lot longer as you age.”

Let’s not forget the basement or attic as pos-sible space for flexible use.

A full-height basement that has been used for the usual laundry and storage can become

a very attractive media room. Or, if bylaws permit, the basement can become a full suite for a member of the family.

Homeowners may not need this space when they first move into their new home, and finances at that point may not be available, but the ability to grow into space as needed is an attractive feature for many potential home-buyers.

“Homes that are well-planned may even stay in the family. Homes are sold to the next generation and the ‘elders’ move into a well-designed suite in the basement or lower level,” Gallop says.

A heads-up for homeowners when design-ing a home with non-specific room designa-tion is to ensure each room is equipped to deal with present or future technological needs; everything from television to computer to audio must be available without having to re-wire each room as the use changes.

Interior design, as in the furniture the ho-meowner chooses, is another area that needs careful consideration.

Think about purchasing non-room-specific furniture and accessories that can be moved around and put to a variety of uses.

This is going to take some hard plan-ning, and advice from an interior designer or a furniture store employee well-versed in multi-use designs. Good pieces of furniture are an investment and it isn’t cost-effective to constantly renew furniture as the family’s needs change.

“The trick is to never buy anything trendy,” Gallop says.

“It will have limited appeal and most cer-tainly won’t fit into a later home. Why do you think certain items end up on Craigslist?”

Several Greater Vancouver Home Builders’ Association members have been honoured with prestigious awards at the recent Canadian Home Builders’ Association national conference.

GVHBA members won six SAM Awards, including four by Trasolini Chetner Construction Corporation of Vancouver. Trasolini Chetner won for Best Single Attached Home, Best Multi-Family Project, Best Community Development and Best Direct Mail Promotion. Artisan Construction won the SAM Award for Best Any Room Renovation and Basil Restoration won the SAM Award for Best Whole House Renovation more than $500,000.

The SAM Awards honour outstand-ing performance by Canada’s builders, renovators, developers, and new home sales and marketing professionals.

Rob Grimm from Portrait Homes and Shannon Cupskey of IRLY Distributors were also recognized with CHBA Na-tional Awards of Honour, in recognition

of their “dedication and service to the association at the local level.”

GVHBA CEO Peter Simpson was honoured to receive the CHBA Ken McKinlay Communications Award for “the most effective voice

in Canada on behalf of the residential construction industry.”

“I am proud to represent an industry that builds new communities, rejuve-nates existing neighbourhoods, creates jobs and enriches the lives of families,” Simpson said.

More GVHBA members were win-ners at the recent Canadian Home Builders’ Association of B.C.’s 18th an-nual Georgie Awards in Vancouver.

Of the 45 awards presented, 26 went to Greater Vancouver Home Builders’ Association members.

ParkLane Homes and Adera Develop-ment Corp. led all winners with five and four Georgies, respectively.

The awards recognize leadership and dedication in home construction, reno-vation, design, development, marketing and sales.

“These awards honour the best that B.C.’s building industry has to offer in residential construction,” says B.C. Premier Gordon Campbell.

There were several first-time winners this year as well, including Schreyer Construction of Whistler and GE Miller Builder Contractor of Victoria, the CHBA BC reports.

ParkLane was awarded Georgies for: Best Single-Family Detached Home under 2,000 square feet (Bedford Landing); Best Single Family Detached Home 2,000-2,900 sq. ft. (SouthPort); Best Logo (The Block); Best Advertising Campaign (The Block); and Marketing Campaign of the Year (The Block).

Adera picked up Georgies for: Best Multi-Family Lowrise Development (Salus); Sustainable and Innovative Community Award (Green); Built Green B.C. Builder of the Year; and Residential Community of the Year (Green).

Other GVHBA members who picked up Georgies include Cressey Develop-ment Group and Portrait Homes.

“The Georgie Awards recognize the best and most innovative projects in our province,” CHBA BC president Bob Deeks said at the awards ceremony.

Local builders honoured with SAMs, Georgies

“These awards honour the best that B.C. has to offer in residential construction.”

A room at Polygon’s Wedgewood is set up for games and

TV, but could easily become a bedroom,

sewing room or library. Rob Newell photo“Stay in your home

a lot longer”Off the front: “Homes that are well-planned may even stay in the family.” – Sarah Gallop, designerCONTINUED FROM P.1

Aragon’s Red Boat

ParkLane’s The Block

Flex your imagination

Page 3:

New Local Home | April 1, 2010 • 3

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4 • New Local Home | April 1, 2010

82 Ave

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ay

Page 5:

New Local Home | April 1, 2010 • 5

Metropolitan living in New West

Living at Marinus at Plaza 88 in New West-minster allows hom-eowners to leave their car at home – or get rid of it. With SkyTrain and buses at the front door, along with several other shops, services and amenities, every-thing is within easy reach. The Charter Pacific/Degelder Group project is currently selling new homes in the third-phase tower, most of which feature breathtaking views. Homes are priced under $400,000; a rarity for any local residence, since the average Metro Vancouver price is well over $500,000.

Marinus homes offer views, value

Living a vibrant waterfront lifestyle with a transit urban village at the front door may seem a near-impossibility in Metro Vancouver.

But it can be a dream come true at Marinus at Plaza 88 in New West-minster, where new homes come with sweeping views of both the mountains and the Fraser River.

Developed by Charter Pacific Developments and Degelder Group, the Marinus project is selling homes in its 36-storey, third-phase highrise tower; the fourth highrise has yet to be completed.

The entire Marinus at Plaza 88 community offers an easy, acces-sible lifestyle to residents, with most

amenities just a short walk away; the 10th floor is actu-ally the lowest residential level, with all the rest offering services, retail stores and conveniences.

A SkyTrain station and bus stops are inte-grated right into the community,

with 180,000 square feet of shop-ping and retail space set to launch by 2011.

Anchor stores slated for that space include Safeway, Shoppers Drug Mart, Royal Bank, Starbucks, the Bread Garden and an A&W, to name a few.

“It’s so convenient. Rain or shine, everything you need is right there, underneath your home ... you don’t even have to go outside if you don’t want to,” says Charter Pacific sales and marketing manager Bellia Tan.

“The whole building is intercon-nected to the mall. Some Marinus homeowners are giving up their car – or giving it a lot of thought – because they don’t need one when they live here.”

Marinus residents can easily grab a cup of coffee and take a leisurely stroll along the boardwalk to West-minster Quay and perhaps, pick up something for supper at the public market. They can just as easily take a jog through the natural beauty of Queen’s Park, or hop on the SkyTrain to meet friends downtown.

“It’s so convenient. Rain or shine, everything you need is right there, underneath your home.”

CONTINUED ON P.6

Page 6:

6 • New Local Home | April 1, 2010

No need for a car with transit at the door

“(Homeowners) really enjoy the convenience,” Tan says.

Marinus at Plaza 88 homes come with overheight ceilings and oversized windows that maximize natural light. Cozy, energy-efficient fireplaces come with stylishly designed mantels and gourmet kitchens come with polished granite slab countertops and deluxe appliances that are also energy-effi-cient.

Bathrooms feature luxurious soaker tubs, spacious showers and more gran-ite counters.

All Marinus residents also have access to an expansive ninth-floor garden deck, a party lounge, meeting room, steam room, a fully equipped fitness facility with showers, a car wash area and a dog wash area.

“People are really happy with their homes,” says Tan.

The new tower residences are move-in ready, and 70 per cent sold.

But plenty of selection remains, Tan says.

Prices range from the $300,000 to $390,000 range.

Visit www.marinusliving.com for more information.

Marinus at Plaza 88 homes feature stunning views, oversized windows and gourmet kitch-ens; homeowners are snapping them up, fast.

‘Homeowners really enjoy the convenience’CONTINUED FROM P.5

Page 7:

New Local Home | April 1, 2010 • 7

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Page 8:

8 • New Local Home | April 1, 2010

New homes set in a desirable neighbourhood

Known for its spectacular moun-tains and outdoor recreation, Van-couver’s North Shore is a neighbour-hood that has long been coveted by homebuyers.

The desirable community now has several brand-new homes to offer: Polygon Homes’ Wedgewood features a limited collection of 55 three- and four-bedroom townhome residences in North Vancouver’s Lynnmour neighbourhood.

These attractive townhomes are built in the popular West Coast Craftsman style of architecture and feature steeply-pitched gable roofs and wide overhangs – both necessary in B.C.’s rainy winter weather – as well as large, south-facing windows, bay windows with window boxes and two-car garages.

Set against a backdrop of coastal mountains, with the waters of Lynn Creek just blocks away, Wedgewood is close to all the amenities and recre-ation opportunities the North Shore offers.

For the outdoor enthusiast, there is much to choose from, including hiking and mountain biking, top-ranked golf courses and, in the winter months, skiing on a choice of moun-tains within 30 minutes of home.

Shopping can be an enjoyable ex-perience at one of the area’s abundant unique neighbourhood shopping villages, which include Lynn Valley, Edgemount Village, Deep Cove and Lonsdale Avenue.

Polygon Homes’ newest North Shore develop-ment, Wedgewood, of-fers exclusive, execu-tive-style townhomes to new homebuyers. The homes are located in the coveted Lynn-mour neighbourhood and, because of the abundance of beautiful natural surroundings, an outdoor lifestyle is actively sought by many homeowners. De-signed in the popular West Coast Craftsman style, Wedgewood is stylish and suits the often-wet North Shore climate. The homes are also close to the community’s shops, ser-vices, recreation sites and other amenities.Rob Newell photos

Live the North Shore lifestyleWedgewood invites outdoor living

CONTINUED ON P.9

Page 9:

New Local Home | April 1, 2010 • 9

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The always-popular Lonsdale Quay has a bustling market and is also home to the SeaBus, a scenic way to commute to Vancouver and back. Restaurants are plentiful and varied, featuring cuisine from around the world.

Wedgewood is ideally situated for the commuter, with convenient transit to downtown Vancouver close at hand, plus easy access to the Ironworkers Memorial Second Narrows Crossing.

The executive-style residences are at-tracting plenty of homebuyers already, says Polygon president and CEO Neil Chrystal.

“Having grown up on the North Shore, it was especially gratifying to see young families lined up on opening day, eager to plant their family roots in North Vancouver,” Chrystal says.

“Active singles and couples were also among the first to purchase ... a brand-new home with an easy commute for work, followed by a bike ride up or down Mount Seymour at the end of the day are the things that are important to these homebuyers.”

For families with school-age chil-dren, there is an abundance of quality educational institutions, both public and private. The North Shore is also the home of Capilano University, which

Get active outside at Wedgewood

Plant roots in North VanCONTINUED FROM P.8

CONTINUED ON P.10 Gourmet kitchens are open-plan and feature granite countertops and stainless steel appliances at Polygon’s Wedgewood. Rob Newell photo

Page 10:

10 • New Local Home | April 1, 2010

Managed by the Quantum Properties Group of Companies. This is not an offering for sale. Any such offering may only be made by disclosure statement. E.& O.E.Marketed by Quantum Realty Inc.

Presentation Centre:Open Daily (except Fridays) Noon to 5 pm2343 Atkins Avenue (corner of Shaughnessy St. & Atkins Ave.)Port Coquitlam, BC www.pear lcondohomes.com

Prices from$154,900

Construction Countdown!The Presentation Centre will be

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Wedgewood homebuyers have four layouts to choose from; all feature 10-foot ceilings on the main floor with eight-foot ceilings on upper and lower floors. There is laminate wood flooring in all front entries, kitchens and nooks, and throughout the main floor in some homes. The interiors are designed in a contemporary style and have open-plan layouts with a large, private outdoor deck flowing off either the living or dining room. The main floor has a powder room for the convenience of family and guests.

The kitchens have shaker-style wood cabinets, granite countertops and Energy Star stainless steel appli-ances. The overhang on the granite island is a great place for after-school homework or for dinner guests to enjoy a glass of wine as they watch the chef prepare a masterpiece.

One of the special design features at Wedgewood are the 25 fused, coloured-glass artworks by B.C. artist Claudia Cuesta, which define the street front entry gates. A one-of-a-kind installation, these gates will be signature elements in a vibrant neighbourhood.

Homes are priced from $599,900. Visit www.polyhomes.com for details.

Homes are selling rapidlyCONTINUED FROM P.9

Energy-efficient fireplaces lend a cozy feel to Wedgewood living areas, while ensuites are designed to pamper. Rob Newell photos

Page 11:

New Local Home | April 1, 2010 • 11

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North Vancouver

West Vancouver

Burnaby

New Westminster

Squamish

Richmond

South Delta

Coquitlam

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Port Coquitlam

Vancouver

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LangleyCloverdale

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(5c)

(5h)

(5f)(5g)

(5d)(5e)

(6a)

(14b)

(14a)

(9d)

(13b)

(13c)

(14c)

(10b)

(10c)

(10a)

(13a)

(14d) (14e)

(14f)

(9f)

(9a)(9e)

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Squamish(1a)Skye-Soleil-AquaPresentation Centre, Unit 3, 1233 Main St.,Squamish. 604-616-1215(1b)Furry Creek-Ocean Crest415- Furry Creek Dr. 604-787-1456

North Vancouver (15a)Wedgewood768 Orwell St. 604-980-2508

Vancouver (2a)Sage5898 Gray Ave., (UBC/Wesbrook) 604-822-0809(2b)Pacifi c Spirit UBC Westbrook Village. 604-221-8878604-264-6477(2C)District: South Main299 East 7th Ave., Vancouver. 604-879-2010

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Coquitlam(5a)Levo1170 Pinetree Way & Northern Ave. 604-464-5856(5b)The FoothillsBurke Mountain, 3381 David Ave. 604-944-3188(5c)Tatton1240 Holtby, Coquitlam. 604-552-2220

(5d)Whitetail Lane1357 Purcell Drive. 604-552-3003(5e) Belmont1456 Avondale Street. 604-461-7113(5f)Burke Mountain Heights3398 Don Moore Drive, Coquitlam. 778-285-6299(5g)Sterling3412 Wilkie Avenue, Coquitlam. (5h)Larkin House1131 Pipeline Road Coquitlam. 604-552-1113

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South Surrey-White Rock(9a)Highland Park160th & 24th Ave. 604-542-8995(9b)Glenmore at Morgan Heights161A St. & 24th Ave. 604-542-8863(9c)Wills Creek160th & 32nd Ave. 604-542-6200

(9d)Kaleden2729-158th Street. 604-541-4246(9e)Morgan Heights26th Ave & 164th Street. 604-531-1111, 604-420-4200(9f)Cathedral Grove2738-158th Street. 604-541-7383(9g)Southport3677-143 Street. 604-292-0871

Maple Ridge/Pitt Meadows

(10a)Falcon Hill23719 Kanaka Way. 604-466-5723(10b)Stoneleigh at Silver Ridge13851 232 Street. 604-466-9278(10c)Solo11749 223rd Street. 604-467-0800

New Westminster(11a)Victoria HillMcBride Ave. 604-523-0733(11b)Q at Westminster QuayRenaissance Square off Quayside Drive. 604-515-9112(11c)Port RoyalHoly Ave. and Salter St. 604-520-9890

Delta(12a)Trend

7445 Scott Road. 604-590-5483

Langley(13a)Bedford Landing

23015 Billy Brown Road. 604-888-2176

(13b)Seasons & Prelude at Milner Heights

208th St & 72nd Ave. 604-539-9484

(13c)Time at Walnut Grove

9525-204 Street. 604-694-1819

Surrey(14a)Augusta Walk / Woods at Provinceton

18199 70th Ave, 778-571-1088

(14b)Springfi eld Village

8676 158 Street. 604-591-1121

(14c)Hazelwood Estates

7881 164A Street. 604-657-5220

(14d)The Estates at Vistas West

16327 60th Ave. 778-574-1380

(14e)Vista’s West

6058 - 163 Street, Surrey. 778-571-1389

On Tour

Morningstar Homes is offering new, spacious, single-family detached homes at South Pointe at Sunstone in Delta.

Map-NEW MAP-Apr1 1 3/25/10 11:57:09 AM

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12 • New Local Home | April 1, 2010

There’s no time like the present to move.

Now’s the time to make your move.Spacious suites priced to sell from $398,800.

The suites at Motif are larger than average – up to 2,200 square feet – with stunning views. The best part, they’ll be ready for occupancy soon. By Spring you could be living in the heart of Burnaby’s vibrant Brentwood community, an elevator ride away from shops, restaurants and services. Just 15 minutes from downtown by Skytrain.

Hurry only 35 homes remain!

Ready for Occupancy Spring 2010.

604.298.8800www.motifatciti.com

SALES OFFICE1801 Rosser Avenue, Burnaby BCOpen Daily Noon to 5PM (Except Fridays)