I have sold a property at 3805 1289 Hornby ST in Vancouver on Jun 19, 2024. See details here
I have sold a property at 1019 7988 ACKROYD RD in Richmond on Aug 29, 2024. See details here
In the heart of downtown Richmond, this QUIET unit away from No.3 and Skytrain noise is the perfect 2 bed unit without breaking the bank. One of the best floor plans in the building with the two bedrooms on opposite sides of the unit to provide maximum privacy. High end stainless steel Bosch appliances in the kitchen is perfect for any chef. Large standing shower in the main bath while your master bath offers a spa like soaker tub. You have access to great amenities including an indoor swimming pool, sauna and gym in the neighbouring tower. Only 5 mins away from Richmond Centre, Lansdowne Mall and Skytrain stations. Call today to arrange a private tour.
I have listed a new property at 2202 1495 Richards ST in Vancouver. See details here
Welcome home to WATERFRONT living! This Stunning corner suite in Azura Two! "02" floor plan features a spacious layout with floor-to-ceiling windows, featuring unobstructed breathtaking southern views of False Creek, water and Granville island.. This large 2-bedroom, 2-bathroom unit not only has an office, but also an extra open multi-purpose flex room. Features include upgraded new vinyl flooring throughout and a upgraded chef kitchen with updated appliances, and a spacious balcony overlooking the city, water, and park. Building amenities include 24-hour concierge, indoor pool, hot tub, sauna, steam room, gym, squash court, billiards room, media room, and guest suite. Unit comes with 2 parking stalls. Walking distances to George Wainborn Park, Seawall, David Lam Park, Sunset Beach!
I have listed a new property at 307 4233 BAYVIEW ST in Richmond. See details here
Rarely available large 3 bedroom & den at the popular "The Village at Imperial Landing" by the water, in the heart of Steveston. NE corner sub penthouse, 1373 sf, open floor plan, 2 baths, with covered patio (13' x 12') for entertaining all year-round with some water view. Features HW floors, fresh paint, open gourmet kitchen with newer appliances, granite counters with a breakfast bar, gas stove & shaker-style cabinets. Family owned since 2010, well maintained and ready to move in. 2 pkg spaces 485 & 486, pets & rentals Ok. Walking distance to Steveston Village amenities with all the restaurants, coffee shops, and the Fraser river boardwork at your door steps. Must see! Open house Sept 14 & 15th 2-4.
I have sold a property at 409 7168 OAK ST in Vancouver on Aug 9, 2024. See details here
Rarely available bright penthouse unit with unobstructed views of nature, city, & the valley. SE facing 1170 sq.ft, 2 bedrooms, 2 full baths, & wraparound covered patio for entertaining year round. Family-owned since ‘93, $169k fully permitted reno in 2020. Show home quality, open-concept layout optimized for comfort & function. Huge kitchen island, wide plank vinyl flooring throughout, bespoke millwork, contemporary tiling, fixtures & finishes. Building has been fully rain screened. Radiant hot water heating & gas fireplace included in strata fees. 2 parking stalls & 1 huge locker. Near Airport, Langara College, Oak Park, Community Centre & Marine Gateway. 5 min walk to Sir Winston Churchill High School (IB) & elementary schools. Must be seen to be appreciated. Move in any time!
I have listed a new property at 208 6811 PEARSON WAY in Richmond. See details here
The culmination of impeccable design and the finest workmanship available, ASPAC once again delivers a truly iconic residence project in the master planned waterfront community of River Green. South-east corner unit spanning 1251 sq ft of interior space over an expansive open floor plan comprised of 3 bedrooms, 2 bathrooms and a den. This luxury home offers all the features one would expect from a property of this caliber. A gourmet kitchen with upscale Miele appliances and Italian cabinetry. There's a 25m Olympic-training sized pool, hot tub, steam, and sauna. Gym, yoga/dance studio. Basketball court. Music and multimedia room, w/ karaoke. 24 hr concierge and so much more. Rarely is this quality and attention to detail seen.
Please visit our Open House at 1019 7988 ACKROYD RD in Richmond. See details here
Open House on Sunday, July 7, 2024 2:00PM - 4:00PM
In the heart of downtown Richmond, this QUIET unit away from No.3 and Skytrain noise is the perfect 2 bed unit without breaking the bank. One of the best floor plans in the building with the two bedrooms on opposite sides of the unit to provide maximum privacy. High end stainless steel Bosch appliances in the kitchen is perfect for any chef. Large standing shower in the main bath while your master bath offers a spa like soaker tub. You have access to great amenities including an indoor swimming pool, sauna and gym in the neighbouring tower. Only 5 mins away from Richmond Centre, Lansdowne Mall and Skytrain stations. Call today to arrange a private tour. Open House July 7th 2-4.
Hesitant Homeseekers: Why BC sales are still unexpectedly low. | REW | The Guide
On June 5, 2024, the Bank of Canada (BoC) made a strategic move by reducing its key interest rate by 25 basis points. While aimed, in part, at stimulating the housing market and making home loans more affordable, many real estate buyers remain cautious. If you recall in our Dexter Realty May Market Update, sales in May were down 20 percent year-over-year. It also marked the first month-over-month decline in sales in 2024.
One of the main reasons for buyer hesitation is ongoing inflation. Or at least, rising living costs. Despite the BoC's efforts to lower borrowing costs, inflation continues to affect everyday expenses. Rising prices for goods and services reduce disposable incomes, making it harder for potential buyers to save for down payments and manage monthly mortgage payments. The fear that inflation will continue to erode purchasing power makes many hesitant to commit to long-term financial obligations.
When you consider the high cost of living and average salaries in BC, it’s not a surprise that buyers are cautious. Many buyers expect the housing market may cool down in the future, potentially leading to more favourable buying conditions. This wait-and-see approach means that even with lower interest rates, buyers are not in a hurry to make purchases. They prefer to wait for a possible market correction that could lead to lower home prices and better buying opportunities. While we know real estate has typically never gotten cheaper, one can only hope. It’s interesting, too, because currently the inventory volume alone in the Lower Mainland would in theory make buyers feel more confident, but we continue seeing lower than average reported sales in the Vancouver area.
Homebuyers sitting on the sidelines are looking for more direct support measures, like tax credits, grants for first-time buyers and, probably the most important measure, increased housing supply initiatives. Without complementary policies, the impact of a rate cut is limited.
The Bank of Canada's rate drop in June 2024 is a well-intentioned move aimed at stimulating the housing market. However, economic uncertainty, high property prices and low consumer confidence collectively undermine its effectiveness. To truly excite buyers, a more comprehensive approach that addresses these multifaceted challenges is essential. Potential homebuyers need not just lower rates, but also stable employment, affordable housing options and a robust economic outlook to feel confident in making one of the biggest financial decisions of their lives.
I have listed a new property at 7939 Lenwood RD in Comox. See details here
Don't miss the chance to view one of the North Island's most unique and stunning modern homes-Villa Del Mer. This spectacular residence boasts northern views overlooking the mainland mountain ranges and the entrance to Desolation Sound. In the East Wing, you'll be captivated by the beauty and architecture of the main living area, which is spacious and perfect for entertaining guests. Every room ni this home offers breathtaking views. The master suite si aluxurious retreat, complete with an opulent ensuite bathroom where you can soak ni the tub and watch the cruise ships go by. The exercise room is a fitness enthusiast's dream, featuring an in-ground pool with swim jets to get your cardio up for the day. You can also practice yoga, dance next to the pool, or get a quick tan in the tanning salon-the options are endless. The West Wing includes a cozy study with a gas fireplace and a two-piece bath, perfect for quiet reading or artistic activities. This wing also offers three living quarters. Two of these include their own laundry facilities, a wet bar kitchen area, and a full bath with awalk-in shower. The third is acomplete one-bedroom suite with aful kitchen, dining area, and aspacious living area. The entire main floor opens onto a massive patio that spans the full length of the home, perfect for enjoying the scenic views and fresh air. Below, you'll find a total of seven garage bays, with options for additional living quarters, exemplified ni one of the double garages. The home is incredibly efficient, constructed with 10-inch thick concrete wals from footings to trusses. The home features double doors at most openings, solar power, and super-efficient in-floor radiant heat, ensuring year-round comfort. There is simply too much to list here, so come and see the rest for yourself. Don't miss out on this unparalleled opportunity to own a piece of modern architectural beauty.
Please visit our Open House at 1019 7988 ACKROYD RD in Richmond. See details here
Open House on Sunday, June 30, 2024 2:00PM - 4:00PM
In the heart of downtown Richmond, this QUIET unit away from No.3 and Skytrain noise is the perfect 2 bed unit without breaking the bank. One of the best floor plans in the building with the two bedrooms on opposite sides of the unit to provide maximum privacy. High end stainless steel Bosch appliances in the kitchen is perfect for any chef. Large standing shower in the main bath while your master bath offers a spa like soaker tub. You have access to great amenities including an indoor swimming pool, sauna and gym in the neighbouring tower. Only 5 mins away from Richmond Centre, Lansdowne Mall and Skytrain stations. Call today to arrange a private tour. Open House June 30 2 - 4 PM!
I have listed a new property at 1019 7988 ACKROYD RD in Richmond. See details here
In the heart of downtown Richmond, this QUIET unit away from No.3 and Skytrain noise is the perfect 2 bed unit without breaking the bank. One of the best floor plans in the building with the two bedrooms on opposite sides of the unit to provide maximum privacy. High end stainless steel Bosch appliances in the kitchen is perfect for any chef. Large standing shower in the main bath while your master bath offers a spa like soaker tub. You have access to great amenities including an indoor swimming pool, sauna and gym in the neighbouring tower. Only 5 mins away from Richmond Centre, Lansdowne Mall and Skytrain stations. Call today to arrange a private tour.
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