R E A L E S T A T E W E E K L Y

MAPLE RIDGE PITT MEADOWS FRIDAY, FEBRUARY 6, 2015info@rew.ca • 604-435-7977

GO TOREW.CA /NEWS

TO READ THESE STORIESAND MUCH MORE REAL ESTATE

NEWS AND ADVICE

Mortgage Lenders Set For New Rate War After

Interest Rate Cut

Ask the Expert: Difference Between Deposit and

Down Payment?

Editorial: Why Vancouver Isnʼt Really That

Unaffordable

Are you thinking about buying your

fi rst home? Perhaps you’ve already

started looking for that dream place to

call your own. Or maybe you’re already

a homeowner, but are downsizing or

returning to the market after many

years.

Whatever your situation, if you’re not

familiar with today’s market and current

fi nancial rules, the prospect of taking on

a home purchase can be quite daunting.

You need to know the answers to ques-

tions such as:

• Can I aff ord a home in today’s hot

market?

• Should I buy a resale property or a

new home?

• What are the new lending rules?

• How much can I withdraw tax-free

from my RRSP for a down payment?

• Do I have to pay Property Transfer Tax?

• What other closing costs are involved?

• What insurance do I need?

Fortunately, all these questions and

many more will be answered at the

Greater Vancouver Home Builders’

Association (GVHBA) Annual Seminar

for New Home Buyers. Now in its 21st

year, this free-to-attend session always

attracts hundreds of would-be homeown-

ers eager to learn about the process and

maximize their chances of landing that

dream property.

In fact, the seminar has become so

popular that, for the fi rst time this year,

GVHBA will be running two seminars

– one at Surrey City Hall on Tuesday

February 10, and the second at the

SFU Downtown campus in Vancouver on

Thursday February 12.

Both seminars run from 6-9 pm, and

will pack in the following essential infor-

mation sessions:

• “What Consumers Need to Know

about Buying a New Home and Home

Warranty Insurance” – presented by

Home Protection Offi ce, Division of

BC Housing

• “The New Lending Rules for Home

Buyers” – presented by Dominion

MacKlem Mortgages

• “How Realtors Can Help, Market

Update, Pricing, Choosing a Realtor”

– presented by REBGV

• “Housing Market Overview” – pre-

sented by Canada Mortgage and

Housing Corporation

• “What Will Your Lawyer Do for You?

Closing Costs, Tips for Buying a New

Home” – presented by McQuarrie

• “FortisBC: Your Key to Savings” –

presented by FortisBC

GVHBA CEO Bob de Wit said, “With

new home development continuing to

rise in so many communities across

Metro Vancouver, consumers have a lot

of choices to consider. Knowing where

the markets are hot and what developers

are off ering is part of buying smarter.”

He added, “This is a one-stop informa-

tion shop for new home buyers, so any-

one considering buying a home should

come to this free seminar.”

Spaces are limited, so you must

register in advance to snag your spot.

Register online at www.gvhba.org or call

778-565-4288.

Although the seminar is free, attend-

ees are asked to bring a food item for the

Surrey Food Bank.

BUYING YOURFIRST HOME?

Free seminar for fi rst-time and returning home buyers aims to demystify process

•2 REW.ca » MAPLE RIDGE / PITT MEADOWS » FRIDAY FEBRUARY 6, 2015

Jim Isherwood604-250-7755

Nicole Jackson604-467-5000

Brookside Realty

11933-224 Street, Maple Ridge • 604-467-5000

OPEN HOUSE EVERY DAY 1-4PM, CLOSED THURSDAY & FRIDAYSTARTING AT $159,900 RIVER'S EDGE

11580 223 Street, Maple Ridge• Only 51 amazing opportunities• Built with the highest & strictest standards of

construction• Only the fi nest materials being used• Inside the best layouts in the market place with

each sq.ft. maximized• Unbeatable location that offers spectacular

riverfront dining, easy access to town centre and Port Haney Wharf

• 3 years of maintenance fees• Buy with confi dence. Move in today!

$629,50012463 Meadow Brook Place, Maple Ridge• Backs onto Laity Farm• Stunning View• Quiet Cul-de-sac very private• Has many updates

$269,900 inc. GST

CASCADA#209 - 11566224th StreetMaple Ridge

• Perched above the mighty Fraser River• Spectacular waterfront and mountain views• 1054 sq.ft. 2 bedrooms. Wood cabinets, porcelain tiles,

deluxe stainless steel appliances including washer & dryer• Private roof top patio terrace with lounge, barbecue area & 360º million dollar views• Steps to town & West Coast Express

$514,90013328 235A St., Maple Ridge• Park-like settings & Fraser Valley views• 5 appliances, blinds• Heritage doors & baseboards • Gas fi replace• Quartz countertops and hardwood fl ooring• 10 year warranty + more!

OPEN HOUSE SAT & SUN 1-4

$1,099,00025890 116th Avenue, Maple Ridge• Beautiful rancher over 3800 sq.ft. on 2.3 manicured acres• Large gourmet kitchen with Viking stove and grill• Recently renovated with European windows• Large master with custom spa bath• On city water and backs onto Kanaka Creek• 4 stall barn for the horses

Brookside RealtyChad August

chadaugust@shaw.ca

604.318.5254604.318.5254WWW.CHADAUGUST.COMWWW.CHADAUGUST.COM

LARCH AVENUE HEIGHTS From $449,900

Brand new 2storey + bsmt homes, Basement entry. Rowhomes and duplex style homes.

www.lifeatlarch.com

BEST OF BOTH WORLDS DETACHED IN A STRATA• 2072 sqft 4 BED 3 BATH• Very large south facing yard• Steps to village and waterfront

#19-19490 Fraser Way

$524,900$524,900

V1090989V1090989

Starting from $850,000

• Central Maple Ridge• 2 Storey + BSMT• Award winning

design & fi nishingReady Summer 2015

Call for more information

BRAND NEW VIEW HOMES

• 1 bedroom & 1 bath

• Concrete and steel construction

• Amazing views

#602-12069 Harris

$214,900$214,900

LIFE ON THE WATER • 20354 Wharf

2 storey + bsmt 3300 sq ft. Finished bsmt with Sauna. Private dock with direct access to Fraser River.

Southern exposure with Spectacular Views!

$829,900$829,900

V1098915V1098915

CASCADA • 11566 224th Street#207 1 bed + den 695 sq ft $229,900 #209 2 bed + den1054 sq ft $269,900#107 2 bed + den847 sq ft $259,900

All prices include GST

Move in immediately!

JUST SOLDJUST SOLD

HUGE WESTSIDE LOT

• 3 bed, 2 bath • Approx 1700 sqft• Almost 9000 sqft lot• Updated, move in

ready

12030 210th Street

$449,900$449,900

V1101439V1101439

“FOR OUR OPEN HOUSES VISIT WWW.DANNYANDCLAUDIO.COM”

Brookside Realty 11933 224th Street Maple Ridge

GORGEOUS TOP FLOOR405 22290 NORTH AVERENTALS ALLOWED!

SOLO

• 7 years young!• TOP FLOOR UNIT• Granite/S/S app/12’ vault• Easy care laminate fl ooring• Rentals/pets allowed• Short walk to W Express• Walk to all amenities!

$164,000

GREAT STARTER!326 - 12238 224TH STREET1 BDRM + DEN

URBANO

• 755 s f unit• 1 bdrm PLUS den• Pets/rentals allowed• Exercise room/lounge• Walk to shopping• Walk to recreation• Walk to W C Express

$184,900

BEST LOCATION IN COMPLEX!40 11757 236TH STREETEND UNIT

GALIANO

• 3 bdrm ~ 3 bath• 1505 s. f. 2 storey T/H• NEW ROOFS/GUTTERS/EXT PAINT• South facing backyard• Baths newly reno’d• Large cedar deck• Minutes to all amenities

$319,900

PET FRIENDLY PLUS YARD!!108 22255 122ND AVE.930 S F UNIT!!

YOUR NEW VIEW?

• 2 bdrms ~ 2 baths• GROUND LEVEL!• Fenced BACKYARD • 930 sq ft of living space• On quiet side of bldg.• Secure Underground parking• Walk to downtown shopping

$249,000

SPACE TO RAISE A FAMILY!10668 - 248A StreetHIGHLAND VISTAS

YOUR NEW HOME....

• 4 bdrms ~ 4 baths• 2171 s f 2 storey w/bsmnt• Great Room fl oor plan• Kitchen w/granite• Fully fences backyard• Minutes to schools, shopping• Short drive to W C Express

$519,000

TWO FAMILY HOME!10683 240TH STREETLEGAL SUITE

TWO FAMILY HOME!

• 5 bdrms ~ 4 baths• 3 level home at 3100 S F• 2 bdrm legal suite• 6400 s f lot• GREAT room plan• Lane access to Dble garage• Mintues to schools & shopping

$559,000

SPACE TO RAISE A FAMILY!12249 McNutt RoadCITY WATER!!!

RURAL ACRE

• 3 bdrms + den ~ 3 baths• 2532 s f 3 level split• Rec room AND hobby room• Set on an rural acre• CITY WATER!!• Quiet and peaceful• Minutes to all amenities

$739,000

EXECUTIVE ON GREENBELT!3 - 13887 DOCKSTEADER LPCUL-DE-SAC

SILVER RIDGE

• 4 bedrooms ~ 4 baths• 3543 sq. ft. 3 level• Soaring 20 ft. vault ceiling• Floor to ceiling rock F/P• Great room plan• Fin bsmnt with sep entry• ON GREENBELT!

$679,900

RANCHER W/BSMNT32865 RICHARDS STREET2.2 PRIVATE ACRES

NEW PRICE!

• 3 bdrms ~ 3 baths• 3500 s. f. 2 level• 30X40 shop w/220• Gorgeous fi r fl ooring• Slate tile fl ooring• FABULOUS kitchen• A MUST SEE!!

$874,900

2100 S F TOY STORAGE!!!!12150 269th StreetESTATE ACRE

32 x 70 SHOP!!

• Huge 5074 s f 3 level home• Set on a picturesque acre• NANNY SUITE over garage• In-law acc available• Fully serviced shop at 2100 sf• 5 bdrms ~ 6 baths• SOPHISICATED STYLE......

$984,900

Helping you is what we do.™

Check out our OPEN HOUSES at www.brooksiderealty.ca $284,900

STONEHOUSEESTATES

• Reduced!• 3 bedroom, 3 bathroom, 2

level townhome.• One of the largest and open

plans in the complex. Home has had some upgrades which include laminate and lino fl ooring, plus fresh paint.

• Stop by today to view!Randy & Tracy Delair 463-2991

$789,900

Custom Home on 7.93 Acres

• Bright & spacious 3 bedrooms, 3 bathrooms, home situated on 7.93 gently sloping private acres.

• 0ffers loads of privacy & breathtak-ing views Golden Ears Mountains.

• Extra large 24 x 36 glass pan-eled deck.

• 24 x 10 barn, perfect for Hobby farm.• Basement is easily converted

to in-law suite. Call today for a personal tour.

Randy & Tracy Delair 463-2991

$152,900

COZY & COMFORTABLE

• Maple Ridge Apartment, adult oriented 55+.

• 2 bedrooms plus a den• 2 level with master bedroom

on the main.• 2 small pets welcome.• Walk to shopping, shows

very well.Chris Frandsen 604-467-5000

$849,888

PRESTIGIOUSEXECUTIVE LODGE HOME!

• Rare Opportunity, Classic, World Class.

• Custom Built Lodge Home.• Scandinavian Fully Scribed

Saddle Notch Craftsmanship & Construction.

• .42 Acre Nestled in the Very De-sirable Private Silver Valley Area.

• $200,000 Cosmetic Face-Lift. • Living Space & Room for an

Extended Family.Randall Didiuk 604-377-7765

$169,900

AFFORDABLE LIVING!

• Top fl oor, 2 bedrooms, 2 full bathrooms. • Access to balcony from

living room & master bedroom.

• Gas fi replace & under-ground parking.

• Close to shopping, transit & recreation center.

Rick Medhurst 604-463-3000

$145,500

RECENTLY REDUCED!

• Great value for a 3 bedroom Pitt Meadows townhome.

• Close to schools, West Coast Express & shopping.

• Some recent painting but needs some TLC.

• Private patio off living room, sundeck off master.

• Quiet part of the complex. • Well worth a look.Rick Medhurst 604-463-3000

REW.ca » MAPLE RIDGE / PITT MEADOWS » FRIDAY FEBRUARY 6, 2015 3•

$528,900+ TAX

• Houses from 3200 - 3900 sqft• Custom Home Opportunities Available• Premium Finishing and Designs• Greenbelt Lots Still Available

Jeremy McCarthyPersonal Real Estate Corporation

JerPers

35 Homes

Only 5 Remaining

SOLD

SOLD LOOKING TO

BUY OR SELL A HOME?

To assist you in making the best decisions, a professional Realtor canprovide 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!

Jeremy McCarthyJeremy McCarthy

778-846-3200778-846-3200jeremy@jeremymccarthy.cajeremy@jeremymccarthy.ca

Steve AndersonSteve Anderson

604-817-5285604-817-5285steveanderson@royallepage.casteveanderson@royallepage.ca

A Somerset OriginalPitt Meadows! $585,000

Well cared for basement entry home with a suite on a large cul-de-sac lot. 5 bedrooms, 3 up/2 down, 3 full bath-rooms, 2 kitchens, large laundry room, double garage. Close to everything. Don't miss this opportunity.Call for your personal tour today!

Very Affordable RancherPitt Meadows! $415,900

Open floor plan with 3 bedrooms and 1 bathroom in cul-de-sac with private yardClose to all levels of schools and transit, walking distance to West Coast ExpressClose to shopping and easy access to the Golden Ears Bridge. This home shows very well!

Cedar DownsPitt Meadows! $221,900

Ground floor unit with gated access allowing for direct entry. Stylish 1 bedroom plan with convenient built-in computer work station, 9' ceilings, wood frame closet organizers, blinds, air conditioning

Brookside Realty 11933 224th St., Maple Ridge, BC

Personal Real Estate Corporation Personal Real Estate Corporation

11580 223rd St.Maple Ridge, BC

Chad August604-318-5254Jim Isherwood604-250-7755

All suites available for Viewing, Maple Ridges Best Value in Apartments

590-1075 sq ftLarge Spacious KitchensModern Stylish Design

Low Strata Fees &3 yrs reduced city taxesSteps to W.C. Express

Some water views

MOVE IN N

OW

Waterfront

20% NOW SOLDLots of great units remaining

BOOK YOUR APPOINTMENT TODAYSHOWHOME OPEN

SATURDAY - WED 1-4PM

MAPLE RIDGE TODOWNTOWNVANCOUVER56 MINUTES

DOOR TO DOOR

Waterfront suites in

Maple Ridge from$159,900 - $299,900

Quality Construction

NEXT 5 SALESinclude 2 Yrs Strata Fees

MAPLE RIDGE • PITT MEADOWS (INCLUDES MISSION LISTINGS)

R E A L E S T A T E W E E K L Y

Looking for a newhome? Start here.

F R I D A Y , F E B R U A R Y 6 , 2 0 1 5

I n P r i n t > O n l i n e > I t ’ s A l l H e r e

Most of us have wondered what it’s like

to live in a vast, multimillion-dollar, hyper-

luxury condo in downtown Vancouver.

Perhaps you’re even a luxury real estate

buyer with a few million burning a hole

in your pocket, wondering which fabulous

downtown pad to call your home.

Either way, the Private Residences at

Hotel Georgia will have no doubt caught

your eye, towering 48 fl oors above the

downtown core. So, to sate all our curi-

osity, REW.ca jumped at the off er of a

private tour of the penthouse and the fi ve

sub-penthouses that are currently listed

for sale.

The tour begins in the glamorous lobby

with a $250,000 crystal chandelier,

where REW is greeted by Bruce Langereis,

the president of developer Delta Land

Group who lives in the building and is

its ambassador, and managing broker

Yvonne Drinovz. In the plush elevator it

is apparent that Langereis is a popular

face around the building – he is greeted

as an old friend by a resident, with whom

he jokes about a dish of hers that he has

clearly enjoyed. Despite the building’s

luxury, there is an immediate sense of

community.

On the 45th fl oor we enter one of

fi ve listed sub-penthouses – the smart-

ly staged south-facing 4501, boasting

270-degree views and one of the icon-

ic triangular balconies jutting out high

above Howe Street. It has four bedrooms,

a den and a media room in 3,784 square

feet, along with a sizable but not huge liv-

ing room, a generous dining space and an

open-plan kitchen with top-notch fi nish-

ings and appliances.

The master bedroom has incredible

English Bay, Stanley Park and Lion’s Gate

Bridge views – how many people living

downtown could watch fi reworks from

their bed? There’s a beautiful dressing

room and a white marble master bath-

room with classy touches like a cast-iron

tub and in-fl oor heating. The second bed-

room has a bathroom and walk-in closet,

plus its own entrance from the hallway

– a fi re regulation requirement that hap-

pily turns the space into an ideal nanny,

granny or guest suite.

The result of having so many rooms in

the unit is a sense of intimacy and liv-

ability rather than excess luxury. Despite

the huge fl oorplan, no individual room is

particularly large – making this a func-

tional home designed for a family and

visiting friends rather than wealthy indi-

viduals who might prefer larger entertain-

ing spaces.

The six sub-penthouses, on fl oors 45-47,

each take up half of a fl oor – with one, the

south-facing 47th-fl oor unit, already sold

for over $8 million. The fi ve remaining

listed units are on the market for between

$7.7 million and $8.1 million, and range

from 3,483 to 3,784 square feet.

Upstairs, in the 48th-fl oor penthouse, it

is a diff erent story again. It is a rare true

penthouse, taking up the entire top fl oor

and completely encircling the elevator

core. And, aside from one lavishly staged

corner, the penthouse is currently a vast

empty concrete shell, waiting for whoever

takes it on to do with it what they will.

“They could put a bowling alley in this

section,” quips Langereis.

Of course, it also has incredible

360-degree views and several large bal-

conies, including a west-facing covered

terrace currently home to an outdoor

kitchen and bar. Fireworks party, anyone?

So how much is the penthouse going

for? A cool $18 million. “It’s not a hard-

and-fast price,” says Langereis. “There’s

some negotiating room for the right buyer.

We have built a community in the build-

ing, so it’s partly about getting the right

residents in the penthouse that will refl ect

the community that we have become.”

Go to REW.ca for our full photo gallery

of the penthouse tour and the building’s

amenities, and for links to

more information.

OF THE PRIVATE RESIDENCES AT HOTEL GEORGIAA PENTHOUSE TOUR