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Burke Mountain, Coquitlam Real Estate
We have sold a property at 136 1460 SOUTHVIEW ST in Coquitlam.
Beautiful and quiet three bedroom Burke mountain townhome. Main floor features kitchen with granite countertops and Bosch appliances with adjoining family room and a sliding door to the private fenced backyard backing onto the greenbelt. Main floor also boasts laminate flooring, open living room and dining room with cozy fireplace and peak a boo view. Upstairs features three bedrooms with Master bedroom featuring vaulted ceilings and five piece ensuite with soaker tub and separate shower plus full bathroom and two additional bedrooms. Tandem garage with room for additional car on the driveway. Walking distance to parks and trails.open house sunday april 23 1-4:00 Kevin O'Leary officially throws support to Maxime Bernier
![]() OTTAWA — Celebrity investor and reality-TV star Kevin O’Leary, who rattled Conservative cages three months ago when he joined the party’s leadership race, did it again Wednesday by quitting a contest observers believe he had every chance of winning. O’Leary’s stunning news — he’s throwing his support behind Quebec rival Maxime Bernier — appeared to catch even some members of his campaign team off-guard as they gathered to prepare for Wednesday’s final leadership debate. Behind the scenes, however, O’Leary has been mulling the idea for about a week, say sources, ever more convinced that as leader, he might never be able to rally enough support in Quebec to deliver a majority Conservative mandate in 2019. “It’s selfish to just take the leadership and say, ‘Great, I’m the leader, now in 24 months I will lose for the party,”’ the frank-talking “Shark Tank” star told a news conference in Toronto. “That’s not right. That’s just wrong.” The tipping point, he said, came when he saw Conservative membership numbers overall that were even higher than he expected, which meant he didn’t have as large a share of the support as he thought he did. When he learned that ballots had already been printed and mailed, he decided to act, picking up a phone at 1:30 a.m. to call Bernier, a longtime Quebec MP, to pledge his support. The two share similar policies, while Bernier can deliver the number of seats the Tories need to form a majority government, O’Leary said. On the campaign trail, the two weren’t exactly the best of friends. Bernier at one point called O’Leary a “loser,” and each campaign more or less accused the other of voter fraud, though the allegations were never proven. But it was all smiles Wednesday as Bernier said the endorsement marks a turning point. “As Kevin says, in Quebec the numbers for me are very good and the competition I had outside Quebec was really Kevin,” Bernier said in French. “And we’re going to bring our forces together so we can win this race and then beat Justin Trudeau in 2019.” O’Leary said he’ll do whatever it takes to help Bernier, but defended the fact his campaign sent out a fundraising letter just hours before he dropped out. He said he still needs the funds and will continue to raise money, though he didn’t explain why. His name will also remain on the ballot as the deadline to take it off has long passed. A lack of facility with French was always considered one of O’Leary’s greatest liabilities. Still, O’Leary had plenty of assets: instant recognition, thanks to years of television exposure; a public image as a savvy financial manager; and a brash, no-nonsense, outsider approach that echoed the unlikely ascent of U.S. President Donald Trump. Interim Conservative Leader Rona Ambrose thanked O’Leary for taking part in the race and focusing on young Canadians, who she said will be saddled with the bad economic decisions of Prime Minister Justin Trudeau. “Kevin brought thousands of young Canadians into the party with a common sense Conservative message,” Ambrose said in a statement Wednesday night. Candidate Kellie Leitch, who has also ripped pages from Trump’s populist playbook, said O’Leary’s departure opens a door for her. “I was phoning them throughout the day,” she said of his supporters, and she suggested some of his campaign team had already joined hers. The Conservative party said Tuesday there are 259,010 members eligible to vote. O’Leary claims to have signed up just over 35,000, and there’s no guarantee any or all will agree to back Bernier. “This is terrible!” Facebook visitor Nathan Welbourn wrote on O’Leary’s page after the news broke. “I don’t even know what to say and I can reassure you Kevin my vote is not going to Bernier. “As a citizen of Quebec I had a lot of hope (in) you. Extremely disappointed.” A major point of divergence between the two candidates is supply management, a Canadian mechanism for supporting dairy farmers popular in Quebec that has been making headlines as Trump promises to do battle with Canada over trade. Bernier supports abolishing the system, while O’Leary has called it vital to Canada’s agriculture sector. The other Quebec candidate in the race, Steven Blaney, said since he also supports supply management, he feels he can capitalize on O’Leary’s Quebec support. “It’s an opportunity to go and court the voters who were ready to make their first choice Mr. O’Leary,” Blaney said. Pre-sale buyer battling with builder over new townhouseA Surrey man is battling with the builder of his new townhome over repairs he believes are inadequate, but he doesn't want the developer's crews doing the fixes. Frank Loughrey was excited to move his family into their brand new Surrey townhome last May. "Both my wife and I really liked the clean lines, white walls, light floors, light cabinetry," Loughrey said. Frank Loughrey said he's unhappy with the repairs the builder of his townhouse made when the basement leaked. But when they moved into the home they bought presale, they noticed the countertop was chipped, one of many cosmetic deficiencies they said they saw. "There's paint all over the tile, baseboards weren't cut to proper length," Loughrey said. Then last summer, there was a leak in the basement. Loughrey said their baseboards and underlay were wet, and their carpet started to grow mould. Flagships Projects, the company that built the townhouse, came to fix the problem but the family was unhappy with the repairs. "The stud was replaced incorrectly, the insulation was replaced in pieces instead of full strips, there was still holes in the vapour barrier," Loughrey said. "Nothing was done properly." He told the home warranty company that he wanted a third party to fix this and other deficiencies, but said he was told the company would close his file if he didn't let the builder make the repairs. The owner of Flagships Projects, Bahadur Sandhu, insists the repair was done properly. "There's no more leaks, it's already fixed," he said. "If he's not happy, that's his problem. We stopped the water." Sandhu said the other deficiencies are small, and have recently been or will soon be repaired. He said he thinks the homeowners are being unreasonable. "He's very, very picky. I have lots of other people and no problem. I told you I've done 1,000 houses, it's no problem. He's picky for no reason," Sandhu said. But Loughrey said he won't stop pushing until everything is fixed. "I'm so frustrated because this is the biggest investment of our lives. This is for my family," he said. The Loughreys said they wish they'd had a home inspection before completing the sale, but felt pressured in an overheated market. Bob de Wit, CEO of the Greater Vancouver Home Builders' Association, says buyers need to ask presale developers plenty of questions. "Specific questions like, 'Can you give me examples of previous developments you've developed?' Or, 'You've developed how many units over the last five years? Can we speak to some of those homeowners?'" The GVHBA is a non-profit organization representing professionals in the residential construction industry. The group hosts free seminars meant to educate the public on the real estate industry, including about the purchase of pre-sale residences. The Loughreys wish they'd done more homework before buying, but said they're determined to make their new townhouse a home. Risks and Rewards of Buying a Foreclosure PropertyA foreclosure property may present a great deal, but there are also a number of inherent risks. Richard Bell of law firm Bell Alliance offers advice and a five-step process![]() Purchasing a foreclosure property can sometimes be a great bargain. However, many potential buyers and real estate agents are unaware of the process and risks of buying such a property. This article outlines the five steps of purchasing a foreclosure property and describes the two biggest risks of purchasing these properties. Five Steps of Purchasing a ForeclosureStep 1: View the PropertyDepending on the situation, it can sometimes be a challenge to view the property, particularly in circumstances where the owner refuses to cooperate with the viewing, listing and showing of the property. But it is essential that you see what you’re buying, so ensure that you do view it. Step 2: Do Your Due DiligenceMake sure you are happy with the property since it is purchased “as is, where is”. Unlike a standard property purchase, with a foreclosed property at the time of completion or possession, the property may not be in the exact condition it was in when you had viewed it. Investigate the zoning and any applicable bylaws. Ensure you have financing in place, or are pre-approved for a mortgage. Step 3: Submit an OfferMake an offer to the listing real estate agent. All offers must be free of any buyer’s subjects, and only “subject to court approval”. It is very important to note once your offer is accepted by the lender you are contractually bound to purchase the property if the court approves your offer. Be sure to include your full legal name on the offer, as this is what will be listed on the court order if you are successful in purchasing the property. Additionally, if there are two people purchasing the property, such as spouses, you will want to clearly indicate whether the property is being purchased as joint tenants, or tenants in common. Once an offer has been accepted by the lender, the lender’s lawyer will schedule a court date to present the offer to the court for approval. Ensure the offer is the highest price you are comfortable with, because you may only have one chance for the court to review your offer. Step 4: Competing Offers and Contesting the SaleA few days prior to the court hearing, the offer price will become public, and other potential buyers will have the opportunity to outbid the original offer on the court date. Additionally, other creditors and even the current owner(s) may attempt to contest the sale price if they believe the property has a higher value. Step 5: Court DateAll offers must be presented in a sealed envelope containing a bank draft for the deposit. The court will usually award the purchase of the property to the highest offer. The original buyer should be present in court to submit a higher sealed bid if there are other potential buyers in attendance presenting offers. Once the court accepts an offer and approves of the sale, a court order is granted in the name of the successful bidder. The completion and possession date for the purchase is usually set for 14 days following the date of the court order. Risks of Purchasing a Foreclosure PropertyThe main risk of purchasing a foreclosure property, is that it is purchased on an “as is, where is” basis. Sometimes fixtures such as lights, faucets and cabinets may have been removed from the property or are damaged. The property is often left unclean with unwanted trash and items left behind. An additional risk to consider when purchasing a foreclosed property is the former owner or occupants may not vacate the property in accordance with the court order. In this situation, the vendor is legally required to make an application to the court for a “writ of possession” and receive assistance from a court bailiff to evict and remove the occupants. This could lead to a delay in taking possession of the property. Bearing all of this in mind, don’t shy away from considering foreclosed properties, because at the end of the day you can be purchasing a property you love at a discounted price. It is rare that an owner occupier will hinder the sale process since it is not in their best interest to do so. Understanding the process and potential risks of purchasing a foreclosed property will allow you to navigate purchase with greater knowledge and confidence. Early signs that Vancouver housing market correction may be over: Royal LePage
Royal LePage says early evidence suggests that the recent correction in Vancouver’s housing market may be short-lived. The realtor released a report Tuesday saying Canada’s two largest real estate markets continued their divergence in the first quarter of the year. The aggregate price of a home in the Greater Toronto Area rose by an “unprecedented” 20 per cent across all housing types to $759,241 in the first three months of 2017. In the Greater Vancouver area, the price of a home rose 12.3 per cent year-over-year to $1,179,482. Royal LePage CEO Phil Soper says the housing correction in Vancouver began seven months ago, around the time that the B.C. government introduced a 15 per cent tax on foreign nationals buying real estate in the city. Sales volumes then plunged and prices slowed their torrid upwards trajectory. But just in the past month, sales in the Vancouver area have leapt forward by close to 50 per cent on a month-over-month basis, says Soper — better than the seasonal average. “An unfortunate side effect of heavy-handed regulatory intervention is that we risk market whiplash,” Soper said in a statement. “In the coming weeks, it is possible that six months of pent-up demand will be unleashed on the market, sending prices sharply upward again; this when the pre-intervention 2016 trend was a natural market slowdown based on eroding affordability.” Across Canada, the aggregate price of a home grew 12.6 per cent year-over-year to $574,575 during the first quarter, Royal LePage said. The price of a two-storey home climbed 13.9 per cent year-over-year to $681,728, while the price of a bungalow rose 10.9 per cent to $490,018. Condo prices increased by 8.9 per cent to $373,768. In Calgary, home prices were up 0.6 per cent to $461,635, while in Edmonton they rose 0.3 per cent to $381,733. We have sold a property at 21 13260 236 ST in Maple RidgeWe have sold a property at 21 13260 236 ST in Maple Ridge.
A prestigious Rockridge address will be yours when you purchase a brand new home at Archstone Rockridge. A boutique collection of just 61 homes designed with modern living in mind. There are a varied selection of plans ranging from 2 bdrm + den to a choice of 3 bdrm homes up to 1683 sq ft some with rec rooms/dens/side by side garages & a select number of exclusive duplex style homes. Today's necessities such as stainless steel appliances, quartz countertops, luxurious ensuites, 9 ft ceilings, laminate & tile are included as well as fenced yards & generous decks. Unrivaled location away from the hustle and bustle of life, near many walking trails & the local dog park. By appointment only until public opening later in March. We have sold a property at 307 1219 JOHNSON ST in CoquitlamWe have sold a property at 307 1219 JOHNSON ST in Coquitlam.
Welcome to the best unit on the market! TOP floor with vaulted ceilings with nobody above you and tons of natural light. CORNER unit as well, so only one neighbour! Extremely quiet and private. Wraparound balcony overlooking serene greenspace, perfect for entertaining or BBQing. 2 LARGE bedrooms and 2 bathrooms. Great building in a perfect area close to transit, Coquitlam Centre, Douglas College and the new Evergreen Skytrain line. Updated kitchen and bathrooms. This unit shows great, nothing to do but move in and enjoy. 1 Parking and 1 Storage locker. Top North Shore Vancouver neighbourhoods(Flickr) North Shore Vancouver’s top 5 neighbourhoods1. Cedardale, West VancouverThe Cedardale neighbourhood really started to hit the radars of families in 2014 when the West Vancouver school board agreed to a French International Baccalaureate program at École Cedardale—the first French immersion IB school in the province. Plus, it’s a great area in terms of travel, explains Garrett Wong, a realtor with Re/Max Metro. “It’s close to the highway plus you get a great view with easy access to shopping and the beach.” As a neighbourhood, Cedardale is just north of Park Royal, the largest shopping complex on the North Shore and just north of Ambleside Park, one of the more popular outdoor parks with access to beaches and walking path
2. Lower Lonsdale, North Vancouver
A few years ago, realtors identified this neighbourhood as a soon-to-be up-and-coming spot on the North Shore. They were right. Recent decisions to develop rental-only buildings along East 18th Street and recent new-builds and investments into a snazzy, modern commercial strip on Lonsdale make this a go-to spot for youthful North Vancouverites. “It’s more modern and eco-friendly,” says Javier Montemayor, a realtor with Re/Max Crest Realty, and “a hit for active, youthful people.” City planners are even pondering a temporary Chicago-style shoreline ferris wheel as a tourist attraction—all in an effort to continue to grow this community’s “fun factor” says Montemayor. The real draw, though, is the neighbourhood’s proximity to the Seabus and downtown Vancouver. “It makes this a sought-after spot for tenants, which helps those who have ‘mortgage-helpers’ in their homes.”
3. Pemberton, North VancouverNestled between Marine Drive, a commercial hub, and an industrial-commercial area, Pemberton only just started gaining in popularity, says Jeremy Sellmer, realtor with Re/Max All Points Realty Group. “It’s because prices in surrounding neighbourhoods are so high.” Houses are typically on the older side with newer or updated homes commanding higher sale prices. Few lots have amazing views of water or downtown Vancouver, but there’s always a glimpse of the mountains. One of the biggest draws, says Sellmer, is the neighbourhood’s proximity to amenities, such as grocery stores and chain-restaurants. Although, things can really slow to a crawl in this area during rush-hour, says Sellmer. 4. Glenmore, West VancouverPrices have softened across West Vancouver, explains Sellmer, which makes some West Van neighbourhoods, like Glenmore, suddenly accessible to home buyers. “There’s character and charm in this area,” says Sellmer. That’s realtor speak for older homes built on large lots surrounded by tons of green space. “There are pockets that are getting much-needed face-lifts,” says Sellmer. “But most buyers just want the peace, tranquility and views that this neighbourhood offers.” Given that the neighbourhood is built around the Capilano Golf course and tucked into a forest, it’s very green but also a bit of a trek to the transit access points that get people across the bridge to the Lower Mainland. 5. Cypress Park Estates, West VancouverIf access to a southern and western view of the ocean is top of your list consider Cypress Hill Estates. Just north of the TransCanada highway, the neighbourhood is great for commuter access, but still offers all that West Vancouver boasts—amazing ocean and mountain views and green, tree-lined privacy within the neighbourhoood. Homes in this community were predominantly built in the 1960s but many have been remodelled or renovated. The biggest draw, however, is the school zone with homes in the Caulfeild school catchment commanding the best prices. Realtor pick: Altamont, West VancouverIf you’ve got money, now is the time to buy West Vancouver real estate. Twelve months ago all neighbourhoods on the west side of the North Shore were hot, hot, hot. But the introduction of B.C.’s Foreign Buyers’ Tax, combined with other mortgage and housing market regulations, has prompted sales to slow. In some cases, the drop is quite dramatic and Altamont is one of them. Absorption rates—the speed at which homes sell—have dropped, on average, to 1% to 2% in this community. Keep in mind that anything below 15% is better for buyers. Of course, you’ll still need money to buy in to the community with average home prices reaching up to just past $6.45 million. New property listed in Scott Creek, CoquitlamWe have listed a new property at 307 1219 JOHNSON ST in Coquitlam.
Welcome to the best unit on the market! TOP floor with vaulted ceilings with nobody above you and tons of natural light. CORNER unit as well, so only one neighbour! Extremely quiet and private. Wraparound balcony overlooking serene greenspace, perfect for entertaining or BBQing. 2 LARGE bedrooms and 2 bathrooms. Great building in a perfect area close to transit, Coquitlam Centre, Douglas College and the new Evergreen Skytrain line. Updated kitchen and bathrooms. This unit shows great, nothing to do but move in and enjoy. 1 Parking and 1 Storage locker. Open House Sat/Sun 2-4pm Open House. Open House on Saturday, April 8, 2017 2:00PM - 4:00PM
Please visit our Open House at 307 1219 JOHNSON ST in Coquitlam.
Open House on Saturday, April 8, 2017 2:00PM - 4:00PM
Welcome to the best unit on the market! TOP floor with vaulted ceilings with nobody above you and tons of natural light. CORNER unit as well, so only one neighbour! Extremely quiet and private. Wraparound balcony overlooking serene greenspace, perfect for entertaining or BBQing. 2 LARGE bedrooms and 2 bathrooms. Great building in a perfect area close to transit, Coquitlam Centre, Douglas College and the new Evergreen Skytrain line. Updated kitchen and bathrooms. This unit shows great, nothing to do but move in and enjoy. 1 Parking and 1 Storage locker. Open House Sat/Sun 2-4pm
Open House. Open House on Sunday, April 9, 2017 2:00PM - 4:00PM
Please visit our Open House at 307 1219 JOHNSON ST in Coquitlam.
Open House on Sunday, April 9, 2017 2:00PM - 4:00PM
Welcome to the best unit on the market! TOP floor with vaulted ceilings with nobody above you and tons of natural light. CORNER unit as well, so only one neighbour! Extremely quiet and private. Wraparound balcony overlooking serene greenspace, perfect for entertaining or BBQing. 2 LARGE bedrooms and 2 bathrooms. Great building in a perfect area close to transit, Coquitlam Centre, Douglas College and the new Evergreen Skytrain line. Updated kitchen and bathrooms. This unit shows great, nothing to do but move in and enjoy. 1 Parking and 1 Storage locker. Open House Sat/Sun 2-4pm
We have sold a property at 210 400 KLAHANIE DR in Port MoodyWe have sold a property at 210 400 KLAHANIE DR in Port Moody.
Welcome home! Large 1 bedroom and DEN at Polygon's famous 'Klahanie'. Completely renovated with dark wood flooring, stainless steel fridge, new tiles in Kitchen and Bathroom. This beautiful home features culture stoned fireplace, huge deck for entertaining, gas stove, soaker tub, and spacious bedroom for any furniture. Bonus Large Walk in Closet! World class amenities in the Canoe Club, outdoor pool, gym, banquet room and more. Walking distance to the new Evergreen line and West Coast Express to get you anywhere you need to be. Open House Saturday & Sunday 2-4pm. |