Friday, May 11, 2018

Linea By Rize, Availability, Plans, Prices

Linea By Rize

At A Glance:

Linea by Rize at 13318 104 AVE, SURREY, BC

Linea By Rize offers Forward-Looking Living in Surrey’s City Centre. 

  • A collection of 236 contemporary homes
  • Number of Floors 28
  • 1, 2, 3 bedroom homes and townhouses coming this summer.
  • Sizes range from 474 to 1491 square feet
  • 8′.8″ Ceilings
  • Oversized balconies create a sophisticated indoor-outdoor living
  • In the heart of Surrey’s new downtown core.
  • scheduled for completion in 2021

This is your home of the lifestyle you seek, today and tomorrow.

A range of livable, family sized floorplans are available, ranging from 474 sf to 1,491 sf – perfect for any stage of life. These homes are beautifully crafted and incorporate the kinds of details large and small that create authentically sophisticated living spaces.

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LINEA offers generous 8’8″ ceilings, comfortably air-conditioned homes, wide-plank laminate wood flooring, Caesarstone quartz countertop and backsplash in kitchens, and Blomberg, Midland, and Fulgor appliances.  With over 14,000 sf of amenity space (both indoor and outdoor), living here is made easy and convenient. Located right in the middle of Surrey City Centre, LINEA is steps away from Surrey’s best amenities, including schools and universities, parks, restaurants, and shopping. Not to mention, LINEA is only minutes away from the ultimate connectivity of rapid transit, where you can experience direct connections to all of Metro Vancouver. Experience a bold new transition. A new downtown core.

Pricing for LINEA
This project is in pre-construction starting July 2018. Sign up to our VIP list above for priority mailings on LINEA updates.

Floor Plans for LINEA
The residential portion of the building is divided into the following units:

  • 1, 2, 3 bedroom homes and townhouses

Contact me today to discuss availability and plans if you have a serious interest in LINEA.

Amenities at LINEA

Outdoor Courtyard
Gym Facilities
Social lounge with kitchen
Roof Terrace
Work Space and Meeting Rooms

 

Parking and Storage
TBA

Maintenance Fees at LINEA
TBA.

Developer Team for LINEA

Builder(s): RizeLab is focused on the opportunities for innovation that are normally squeezed out of our traditional development process as they are constrained by time, money, technical expertise, and rules.  They work with the best and brightest researchers, academics, architects, designers, engineers, and contractors to develop and document ideas that are shared internally amongst their team, but also externally with our collaborators and partners in the hopes of provoking future project innovation.
Architect(s): IBI Architects – From high-rises to industrial buildings, schools to state-of-the-art hospitals, transit stations to highways, airports to toll systems, bike lanes to parks, we design every aspect of truly integrated cities.
Interior Designer(s): False Creek Design Group – Since 1994 the company has provided comprehensive design services on projects in all categories and of all sizes, from custom residential to large corporate projects; from retail locations to not-for-profit community organizations. Our company approach is based on an integrated design process, working collaboratively with all stakeholders in the design and construction process. Engaging and promoting participation minimizes compromise and maximizes outcomes on all levels and through all stages of a project. FCDG has long been a proponent of sustainable design and our work continues to be based on principles of social, fiscal and environmental responsibility.
Marketing Company:  Rennie has been at the forefront of real estate and community engagement in the Greater Vancouver Area and beyond for over 38 years. Founder Bob Rennie began his career as a realtor; by providing his clients the same care and attention as he would his family, he worked his way up to selling a home per day by 1979. Rennie, at over 150 individuals today, operates under the same philosophy that was foundational to Bob’s success.

Expected Completion for Winston

2021.

Are you interested in learning more about other homes in Surrey?

Check out these great Surrey Presales!

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Tuesday, May 8, 2018

CLOCKWORK

I was thinking for long about how to start this article… So many things to say, so much on my heart and yet, I somehow don’t want to say too much either. You see, I’ve always been used to share a lot of my live and I do feel like I grew up in some […]

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Amazing Health Benefits of Steam

Content originally published and Shared from http://perfectbath.com

Who knew that you can benefit so much from just sitting in your steam shower? If you don’t have one yet, then the following reasons will surely have you placing an order in no time:

Photo by Tom Grimbert on Unsplash

Reduced blood pressure
Research shows that in a steam room, some people’s bodies release hormones that change their heart rate. One of these hormones, called aldosterone, regulates your blood pressure. When aldosterone is released from sitting in the steam room, it can help lower high blood pressure. This is part of the reason that the steam room makes you feel relaxed.

Stress relief
Being in the steam room can also decrease your body’s production of cortisol. Cortisol is the hormone that regulates the level of stress that you feel. When your cortisol levels drop, you feel more in control and relaxed. Spending a few minutes in a relaxed state not only improves your health, but also helps heal your mind and improve your focus. Source: HealthLine

Solution for problem skin
If you suffer from dry skin or conditions that get easily irritated by extremely drying weather or sweating (hello eczema and dermatitis), then a steam room could be a far better friend to you than a sauna. Hart notes that the warm, damp air will work to drench the skin in moisture, hydrating rather than stripping it. Oily, acne-prone skin could benefit too, as the moisture can help to rebalance overactive sebum glands while the heat and humidity work to simultaneously unclog and cleanse. Source: Byrdie

Faster recovery from a workout
During exercise, metabolic waste is built up in muscles, which causes soreness and fatigue. Combining a steam shower with a cold bath or shower can help flush out this waste. Alternating between the heat of the steam and the cold bath causes a pumping action in the capillaries and rids muscles of the waste. Alternate between one minute of steam and one minute of cold water to initiate the pumping action. Source: LiveStrong

If you think the best thing you could ever fit in your bathroom is a steam shower, then wait till you see a steam shower combined with a whirlpool tub. Imagine all the health benefits you can get! It’s like having your own spa at home. Call us to find out more!

 

Contact:
Perfect Bath
Phone: Toll Free 1-866-843-1641
Calgary, Alberta
Email: info@perfectbath.com

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Wednesday, May 2, 2018

Hudson Place One– Availability, Plans, Prices

Rendering of Hudson Place One downtown Victoria presale condo highrise at dusk.

At a Glance

  • located at 777 Herald Street in downtown Victoria
  • 25-storey residential tower
  • Victoria’s tallest buidling
  • 176 luxury condominiums
  • panoramic downtown views
  • 11,000 sq ft of amenities
  • 1,500 sq ft of commercial space
  • exceptional access to restaurants, shopping, leisure activities

Just part of the vistas residents at Hudson Place One in Victoria will enjoy from their luxurious residence.

An Elevated Urban Lifestyle
A landmark centerpiece in downtown Victoria’s skyline. Boasting the highest, elevated views of the city, Inner Harbour, and surrounding mountains, this luxurious, modern 25-storey residential tower offers a distinguished collection of 176 intelligently-designed 1-, 2- and 3-bedroom homes in the heart of a vibrant and established urban village.

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The Hudson District is a vibrant, amenity-rich, pedestrian-friendly village with doorstep access to a unique mix of artisan shops, daily conveniences, services, and leisure and wellness activities that are the heart and soul of the community. Its central location in beautiful downtown Victoria provides easy access to transit. It is just a short walk from the city’s best boutiques, hotspots, scenic Inner Harbour, and neighbourhood attractions, including the city’s venue for world-class concerts, events, and sports. For the ultimate urban convenience and the highest elevated views downtown, Hudson District is the perfect place to live, work, socialize, and play.

Pricing for Hudson Place One
As sales have not yet begun, pricing is currently unavailable. Sign up to our VIP list above for priority access to Hudson Place One updates.

Floor Plans for Hudson Place One
Buyers can choose from the following homes:

  • The Tower Collection (Levels 4 – 20)
    • 453 sq ft Junior 1-bedrooms
    • 1-bedrooms from 529 – 603 sq ft
    • 2-bedrooms from 775 – 925 sq ft
  • The Estate Collection (Levels 21 – 24)
    • 2 bedrooms from 849 – 1,246 sq ft
    • 1,112 sq ft 2-bedrooms + den
    • 1,242 sq ft 3-bedrooms
  • The Penthouse Collection (Level 25)
    • In design phase. Details to follow.

With not a lot of units on the market in Victoria at the moment, interest is already strong for Hudson Place One. Therefore, I recommend that those with a serious interest to purchase should contact me today to discuss availability, plans, and prices according to your needs.

New Victoria luxury presale condo development by Townline Group.

Amenities at Hudson Place One
Residents will enjoy the use of over 11,000 sq ft of indoor and outdoor amenities, including:

  • Full-service concierge
  • Cold/dry storage and electronic parcel delivery room
  • Fitness studio, yoga area, infrared sauna, change rooms
  • Creative studio, party, and hobby room
  • Billiards room
  • Business centre
  • Dining and social lounge with gourmet chef’s kitchen
  • Hotel-inspired guest suite
  • Two intimate fire pit lounges
  • Outdoor dining area with BBQ and harvest table
  • Outdoor children’s play area with stepping stones and slide
  • Fenced dog run

Parking and Storage
Six levels of underground parking will provide 245 vehicle stalls with 26 visitor spaces. There will also be 192 residential bicycle parking stalls. Six visitor bicycle stalls will be available at grade.

Maintenance Fees at Hudson Place One
Details included with pricing package.

Developer Team for Hudson Place One
Townline is a real estate development company focused primarily on the Lower Mainland and Vancouver Island in British Columbia, Canada. Since 1981, they have amassed a diverse project portfolio spanning market and non-market multi-family housing, rental apartments, single-family homes, heritage restoration, mixed, commercial, and retail developments. Through the firm’s various departments, they stay hands-on for the entire life of a project to ensure they create the kind of residential and commercial places people want as their own, such as 999 Seymour, 1335 Howe, and Calla at The Gardens.

Established in 1983, Rafii Architects is a Vancouver architectural firm offering comprehensive services in architecture, urban design, planning, and interior design. Rafii Architects provides client-focused consultation with a collaborative approach to each project. Their reputation is characterized by a proven ability to work with public officials and challenging client programs, while maintaining a timeless and refined design philosophy. Rafii’s extensive portfolio includes many well-received projects throughout the Greater Vancouver area, Vancouver Island, Alberta, and the US with particular recognition for high-rise residential and mixed-use projects.

Cristina Oberti, a respected interior designer whose name is well-known in Vancouver, will be applying her extensive knowledge and systematic design process to create a unified look for Hudson Place One that conveys a unique and coherent, yet stylish message.

Expected Completion for Hudson Place One
Mid-2020. Sales begin mid-2018.

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George by Marcon – Availability, Plans, Prices

Artist's concept of presale Port Moody condos by Marcon.

At a Glance

  • located on the 3000 & 3100 blocks of Saint George Street
  • 2 x 6-storey woodframe condo buildings
  • 11 x 3-storey townhome buildings
  • 179 x 1- to 3-bedroom condominiums
  • 73 x 3- & 4-bedroom townhouses
  • short walk to Moody Centre Station
  • near Rocky Point Park
  • close to Brewery Row craft breweries

Coast Mountains vista seen from a kayak in Burrard Inlet off Rocky Point Park in Port Moody.

Modern Port Moody Homes
Coming soon to Moody Centre is George by Marcon, distinct 1- to 4-bedroom condos and townhomes, ranging in size from 472 to 1,627 sq ft. In the heart of the revitalization of Saint Johns Street, George is a short walk to shops, restaurants, galleries, and bakeries. Kayaking, biking, and hiking is just five minutes away at Rocky Point Park, opposite Brewery Row where you can relax afterwards in one of the popular craft brewery tasting rooms. Nearby Moody Centre Station offers convenient rapid transit connections to downtown Vancouver via the West Coast Express or other destinations in Metro Vancouver, like shopping at Coquitlam Centre, with Skytrain’s Evergreen Line. Yes, Port Moody.

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Pricing for George
Priced from $399,900 to $599,900. Sign up to our VIP list above for priority access to George updates.

Floor Plans for George
George offers an exciting mix of new housing for Port Moody to be built in three phases. Phase One will see the construction of 179 condominium homes within two six-storey woodframe buildings on the north side of Saint George Street. These will consist of 104 1-bedrooms, 55 2-bedrooms, and 20 3-bedrooms, ranging in size from 472 to 1,627 sq ft.

On the south side of Saint George Street, Phase Two will consist of 37 3-bedroom townhomes within six 3-storey buildings. Phase Three will see the development of 36 3-bedroom townhomes within five 3-storey buildings, offering 13 3-bedroom 23 4-bedroom residences. Each townhouse has a balcony on the second floor, facing an internal driveway and a usable patio space fronting the street.

Those with a serious intent to purchase should contact me today to discuss availability, plans, and prices for this highly desirable living opportunity.

Amenities at George
A 1,139.7 sq ft shared indoor amenity space will be available for use by condominium residents. A large outdoor amenity space in front of the condominium building facing Saint George Street, includes a children’s play space, off-leash dog run, and a fire-pit lounge. The developer will also rehabilitate the Dallas Creek watershed running through the property, creating a natural habitat around the stream that includes planting 187 new trees, as well as a new 35,197 sq ft public park with a greenway trail and an open play area.

Parking and Storage
Residents of the two condominium buildings will be provided with 227 vehicle parking spaces, while visitors will have use of 36 parking stalls. Of these, 46 spaces will have electrical vehicle charging outlets. Bicycle storage will be available with 224 resident spaces. Another 12 bicycle stalls in racks will be provided for visitors. The western townhouse block will offer 74 resident and seven visitor vehicle parking spaces. The eastern townhouse block will have space for 72 resident and seven visitor vehicles.
Maintenance Fees at George
TBA.

Developer Team for George
Beginning life as a construction company has given Marcon Developments the experience to deliver homes not only of high standards, but also of high value. Homes built with extra attention to detail – where the fit and finish is just that much better. Marcon has developed some notable residences over the years, such as the first high-rise in Canada to achieve LEED certification. Building to these standards helps to future-proof your home, as well as allowing you to breathe easy from the first day you move in.

Shift Architecture has been chosen to design George. Shift is a high-performance practice with a track record of respected, inspired projects throughout Vancouver and the Lower Mainland. With proven expertise in multi-family housing, Shift boasts a diverse portfolio of residential, commercial, healthcare, and mixed-use developments. Renowned for its collaborative design process, Shift’s team of core personnel draws upon a deep collective well of experience spanning decades.

Expected Completion for George
TBA.

Are you interested in learning more about other homes in Coquitlam, Port Coquitlam, or Port Moody?

Check out these great Tri-Cities Presales!

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April 2018 Real Estate Board of Greater Vancouver Statistics Package with Charts & Graphs

Home sales down, listings up across Metro Vancouver

Metro Vancouver REBGV April Stats

The Metro Vancouver housing market saw fewer home buyers and more home sellers in April.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,579 in April 2018, a 27.4 per cent decrease from the 3,553 sales recorded in April 2017, and a 2.5 per cent increase compared to March 2018 when 2,517 homes sold.

Last month’s sales were 22.5 per cent below the 10-year April sales average.

“Market conditions are changing. Home sales declined in our region last month to a 17-year April low and home sellers have become more active than we’ve seen in the past three years,” Phil Moore, REBGV president said. “The mortgage requirements that the federal government implemented this year have, among other factors, diminished home buyers’ purchasing power and they’re being felt on the buyer side today.”

There were 5,820 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in April 2018. This represents an 18.6 per cent increase compared to the 4,907 homes listed in April 2017 and a 30.8 per cent increase compared to March 2018 when 4,450 homes were listed.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 9,822, a 25.7 per cent increase compared to April 2017 (7,813) and a 17.2 per cent increase compared to March 2018 (8,380).

“Home buyers have more breathing room this spring. They have more selection to choose from and less demand to compete against,” Moore said.

For all property types, the sales-to-active listings ratio for April 2018 is 26.3 per cent. By property type, the ratio is 14.1 per cent for detached homes, 36.1 per cent for townhomes, and 46.7 per cent for condominiums.

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,092,000. This represents a 14.3 per cent increase over April 2017 and a 0.7 per cent increase compared to March 2018.

Sales of detached properties in April 2018 reached 807, a 33.4 per cent decrease from the 1,211 detached sales recorded in April 2017. The benchmark price for detached properties is $1,605,800. This represents a 5.1 per cent increase from April 2017 and a 0.2 per cent decrease compared to March 2018.

Sales of apartment properties reached 1,308 in April 2018, a 24 per cent decrease from the 1,722 sales in April 2017. The benchmark price of an apartment property is $701,000. This represents a 23.7 per cent increase from April 2017 and a 1.1 per cent increase compared to March 2018.

Attached property sales in April 2018 totalled 464, a 25.2 per cent decrease compared to the 620 sales in April 2017. The benchmark price of an attached unit is $854,200. This represents a 17.7 per cent increase from April 2017 and a 2.3 per cent increase compared to March 2018.

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Tuesday, May 1, 2018

Presale condo assignments ARE NOT Shadow Flips and DO NOT push up real estate prices in Vancouver

Recent media articles on presale condo assignments of contract have been full of factual errors and have misrepresented presale assignments as shadow flips.

Presale condo assignments ARE NOT Shadow flipping.

Let’s clarify.

What is a Shadow Flip?

A shadow flip is when an existing property primarily a single family house or single family house lot is purchased by a buyer under false pretenses. The contract that was used to purchase the property has a clause in it saying that the buyer can assign the contract without the permission of the seller. This practice victimized unsophisticated sellers of single-family houses in areas that had lots of demand before the Advent of the foreign buyers tax. This practice of assigning existing properties without permission is now not allowed in British Columbia. If the buyer of an existing property wants to assign it prior to completion, they need to get the seller to sign a release saying they will allow on assignment of the contract to occur.

What is a Presale Condo Assignment of Contract?

A presale condo assignment of contract is when the buyer of a presale condo sells their rights or “assigns” their rights under the contract to another person. The original seller of the presale, the Developer or builder of the property has to give written permission to allow the assignment to occur.

Presale condo assignments regulated by legislation called the Real Estate Development and Marketing Act here in British Columbia.

Again, to assign a presale condo contract you need to get permission from the original seller which is the developer.

Developers here in British Columbia are some of the most sophisticated and richest people in the province and typically have the best lawyers in the province at their beck and call. There’s nothing Shadow about this. The written permission of some of the most sophisticated and well-off people in The Province who actually are actually building the property is required to let sale of the presale condo assignment.

To clarify nobody is taken advantage of and everyone who is party to the contract has to give their written permission for a transfer of ownership of the rights in the contract.

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Presale Condo Assignments of Contract Increase Supply to Keep Prices Under Control?

Yes.

Presale condo assignments do not inflate of the price of real estate in Vancouver.

Presale condo assignments actually increase the supply of available properties at times when they are available for sale. This supply actually keeps prices stable or lower than they would be without presale condo assignments. The reason why presale condo assignments occur is because of a lack of supply and too much demand. This excess demand can be seen from the rise in prices we have seen in Vancouver recently.

Consider this:

A person buys a presale. That presale increases in value caused by increasing demand for property. Our person by assigning their presale condo is increasing property supply and are keep prices lower than they could have risen by making their assignment available for sale.

Why real estate prices are high and rising in Vancouver.

There are three major reasons why property prices are high in Vancouver and continue to rise.

  • Demand caused by immigration – The federal government is projected to let 310,000 people immigrate to Canada in 2018. These people need somewhere to live. Canadians have a birth rate that is below replacement level. The vast majority of population gain in Canada is from immigration. A growing population who want to live in the nicer parts of the country likeVancouver results in demand for property. Increased demand equals increased prices when you have constricted supply which leads us to our next Point.
  • Limited Supply – The Vancouver area has limited land available for development. We have the ocean to the West the mountains to the north and east in the US border to the South. There is a limited amount of land that can be developed on in this area. We are not Calgary or Toronto or Los Angeles where we can sprawl our way out of high property prices. We need to build up and that leads me to the next point about government and their role in inflating the price of real estate in Vancouver because of delays and their environmental and social agendas.
  • City Government Caused Delays & Expensive Environmental + Social Agendas – City governments in the Vancouver area take a very long time to allow new projects to come online. This delay increases cost for the builders and developers of properties that is passed onto buyers. Every delay that occurs caused by government increases the cost for the builders of properties because of interest, holding costs, and other costs.  Also if the focus of the cities in the region is on an environmental or social agenda rather than housing affordability, housing is not going to be cheap. High environmental standards are expensive. Social housing in the city of Vancouver is expensive. Those who buy properties and pay taxes in the Vancouver area are the ones who pay for this. Typically they pay for it in the form of higher housing costs.

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