Port Moody Centre, Port Moody
The apartment at 209-701 Klahanie Drive has been sold.
BC's Most Expensive Communities
The average price for a home in B.C.’s 12 most exclusive communities are below. No big surprises here:
- West Vancouver: $2,144,137
- Vancouver: $1,367,458
- Whistler: $1,208,343
- Lions Bay: $1,114,347
- Anmore: $1,106,149
- North Van District: $1,016,052
- Richmond: $971,675
- Burnaby: $949,826
- North Van City: $891,975
- Oak Bay: $890,732
- White Rock: $878,824
- Belcarra: $842,238
BC's Least Expensive Communities
Are you looking for a bargain home in BC. Here are the 36 least expensive communities in BC.
- Granisle: $49,222
- Port Clements: $67,592
- Stewart: $69,925
- New Hazelton: $73,689
- Wells: $74,683
- Zeballos: $80,222
- Masset: $86,777
- Tahsis: $87,588
- Clinton: $96,323
- Mackenzie: $111,634
- Port Edward: $113,761
- Greenwood: $113,980
- Gold River: $114,236
- Hazelton: $114,953
- Burns Lake: $116,945
- McBride: $118,989
- Lytton: $120,379
- Houston: $123,254
- Cache Creek: $131,390
- Slocan: $137,979l
- Sayward: $141,155
- Port Alice: $143,959
- Fraser Lake: $147,662
- Fort St. James: $150,658
- Queen Charlotte: $152,378
- Hudson’s Hope: $152,700
- Salmo: $155,467
- Lillooet: $158,698
- Alert Bay: $161,127
- Quesnel: $164,120
- Port Hardy: $164,333
- 100 Mile House: $169,314
- Midway: $170,787
- Kitimat: $174,189
- Prince Rupert: $175,489
- Barriere: $178,272
Not matter where you are looking for a home I can help you find the right REALTOR® help you find your new property. From Port Alice to Zeballos give me a call when you are looking for real estate in BC and around the world.
Matt Collinge, Century 21 In Town Realty
source: The Province
At our Century 21 In Town Realty office meeting in Downtown Vancouver this morning I received my first Century 21 awards.
Here I am receiving one of the awards from the Century 21 In Town Managing Broker Tom Garvey.
First-time home buyers got some great news in yesterday's provincial budget. The BC government announced, effective February 19, 2014, under the Property Transfer Tax (PTT)* First-Time Home Buyers’ Exemption program, qualifying first-time buyers can now buy a home worth up to $475,000 and avoid paying the PTT. The previous threshold was $425,000.
The partial exemption continues and will apply to homes valued between $475,000 and $500,000.
The Real Estate Board of Greater Vancouver, together with the BC Real Estate Association, has actively lobbied to make home ownership more affordable for first-time home buyers. In 2008, as a result of industry lobbying, the provincial government increased the threshold to $425,000 from $375,000. In 2005, the government increased the threshold to $325,000 from $275,000.
*The PTT is calculated at a rate of one per cent on the first $200,000 and two per cent on the remaining value of the purchase price.
Are you a first time home buyer looking to buy in Metro Vancouver? Will this help you?
Matt Collinge - Century 21 In Town Realty
• 864 sq. ft., 2 bath, 2 bdrm apartment
- Incredible Value!
Commercial Drive, Vancouver
This bright, open concept 862 square foot 2 bedroom, 1.5 bath condo is located in the trendy Grandview area. Features include a large south facing balcony, in suite laundry, crown moldings and laminate floors. The location is super convenient, you are just steps to Vancouver Community College and all the cafes, restaurants, and shops that the "The Drive" has to offer are just a short walk away. Transpiration options abound with bike routes passing by, Broadway buses, VCC - Clark Skytrain Station, and Commercial Drive Station close by.
Recently my dishwasher was not washing the dishes on the top rack very well. We had just changed our detergent and at first we thought that was the problem, but after we filled up the Jet Dry (the old detergent packs had it in them) we came to the conclusion that something was wrong with the machine itself.
This is not the first time I have had a problem with one of our appliances and I have learned that there are instructions and even videos on youtube for almost anything that goes wrong with your appliances. Our appliances are all from Kenmore, but similar models are sold under more that one other manufacturer's name. Generally I have come to the conclusion that in most cases there is not too much inside that big white (or whatever colour) box.
A couple of times water has stopped draining out of our front loading washer and last year clothes were getting caught in the front of the dryer drum and getting ripped and burnt. Each time I googled the problem. With the washer I was able to find repair instructions online and found that a small item, I think it was a dime both times, was blocking the drain hose. I just had to take off the front panel below the door and removing a couple of hose clamps. I am not the most handy guy, but it was pretty easy.
The dryer job was a bit more involved. After googling the symptoms I came to the conclusion that the rear felt seal needed to be replaced. It looked pretty intimidating as I had to remove the entire drum of the dryer. I also had to buy a part this time. Luckily there is an appliance parts store just down the road from us. Once the drum was out it was a simple matter of ripping off the old felt, scraping off the old glue and gluing down the new felt.
Back to the dishwasher; this one was by far the messiest of the three, but maybe the easiest fix. The machine is getting on for 10 years old and I thought maybe it was done. But the repair was easy and I would recommend you do this annually to keep your dishwasher running well. It was really just a matter of a few screws, some water and a lot of goop. Do note though that many dishwashers require a torx head screwdriver to open up. I was lucky and they came in my multi-head screwdriver.
Having removed the top rack and the arm that runs up the back to the top, it was a simple matter to move the lower spray arm revealing the mysterious, and it turns out, quite gross inside of your dishwasher. In there I found all sorts of debris, including bits of food, broken glass ( it happens) and a lot of what I will call sludge. One more screw removed the cutter blade enclosure and more debris. There was a bit of residual water in here and as the video below shows a turkey baster is a handy tool to have on hand. We don't have one.
Tonight we ran the dishwasher for the first time and I have to say I was pretty excited to see if my repair had done the trick; and it had! The dishes were prefectly clean.
Did you know there is a Vancouver Laneway Homes Tour! Over 1000 permits have been issued for laneway houses in Vancouver since the program was introduced and now there is a laneway homes tour so you can find out what all the excitement is about.
The tour will visit seven laneway homes and will last for about four hours. Tickets are $30 can be bought online here.
Photo courtesy Joe Wold on flickr.
Many Metro Vancouver home buyers are sitting on the sidelines and at the same time many Vancouver home sellers are taking their homes off the market if they cannot get their price. Although some markets have seen prices falter anywhere that might be seen as more affordable has seen prices holding pretty steady. Single family house price on the Westside of Vancouver and Richmond, that saw such a run up last year, are definitely sliding. Much like we saw in late 2008 prices of high end homes are being hit the hardest, but the lower end is holding on. There is always a demand for an "affordable" home or condo in Metro Vancouver.
Generally condo prices are flat and they have been for a few years now. Please remember that real estate is a long term investment. Plan to be in your home for 5-7 years minimum and it could take 10 for you to be in a profitable selling possession.
Learn more in this story from the Vancouver Sun.
Search for you new home here. Don't forget to save your search to get daily new listing emails.
Matt Collinge - Royal LePage Westside
Call or text me at 604.916.4663
It appears almost anyone can. Of course not everyone of really qualified
to do such a report, outlining the present and future repair and
replacement costs for all the parts, systems and structure of a strata
building or complex, but according to the legislation anyone who is
deemed competent by the good people on your strata council can be hired
for the job.
Just as many strata corporations have cut corners to keep costs, and thus strata fees, low many are now avoiding these reports, by voting to postpone them, who hiring the lowest bidder, or even hiring themselves, to complete these complex reports. The costs involved in getting it wrong could be in the $100,000's or even the millions. There could also be liability for strata council members, as well as contractors who create inaccurate reports.
Learn more in this story from the Vancouver Sun > Don Cayo: Can any fool really do a depreciation report for a strata corporation?
Search for you new home here. Don't forget to save your search to get daily new listing emails.
Matt Collinge - Royal LePage Westside
Call or text me at 604.916.4663
I would like to take a moment to invite you and your kids/teens to a
very special workshop that my office is hosting on November 24th.
In this day and age with all the talk of mounting debts and failing
economies, wouldn't it be nice to know that the future generations have
a better grasp on money and can be financially responsible? This could
begin with your own kids or teens! Why
not make then a financial genius?
I am very excited that my office is hosting an enRICHed Academy
workshop. This program is the first of its kind program designed to
teach teens and young adults how to EARN, SAVE AND INVEST their MONEY in
a way that is totally entertaining and easy to
Over the last several years, through hundreds of live speaking events at schools all across North America, EnRICHed Academy
has been on a mission to teach students the key skills and lessons
behind wealth creation and career success. While the topic of Financial
Literacy can be dry, dull and boring, EnRICHed Academy has created an incredibly powerful program that will both educate AND entertain all of its viewers.
If you would like more information check out their website at
https://enrichedacademy.com. Remember that you can also call or e-mail me for details and to receive an invite!
November 24th 10:30am :12:30pm
Granville Island Hotel
Royal LePage Westside
Email me here: http://www.604homes.com/Contact_Me/page_236488.html
Thursday is the Socializing For Social Change Vancouver (#S4SCYVR) event at Pink Elephant Thai (1152 Alberni Street, Vancouver). The event is a fundraiser for Keep A Breast Canada, a non-profit group dedicated to educating young Canadians about preventing and detecting breast cancer, as well as how to support those you know who have breast cancer. Early detection is so important to successful breast cancer treatment so this is a great cause.
Come on down to Alberni St. on Thursday. There will be great prizes, and awesome food, not to mention all the great people:
This is a fundraiser so it is a paid event, but you can't go wrong at $10 + HST (dang HST!). Please RSVP here on Eventbrite
See you there!
Government announces new HST/PST housing transitional rules
The government today announced the HST/PST transitional rules on new homes.
As the province transitions back to the PST, which will replace the HST effective April 1, 2013, measures to ease the HST burden on new home buyers include:
- The BC New Housing Rebate threshold will increase to $850,000 from $525,000, so that more than 90% of newly built homes will now be eligible for a provincial HST rebate effective April 1, 2012.
- The maximum rebate will increase to $42,500 from $26,250 effective April 1, 2012.
- Buyers of new secondary vacation or recreational homes outside the Greater Vancouver and Capital Regional Districts priced up to $850,000 will now be eligible to claim a provincial grant of up to $42,500 effective April 1, 2012.
- For newly built homes where construction begins before April 1, 2013, but ownership and possession occur after, purchasers will not pay the 7% provincial portion of the HST. Instead, purchasers will pay a temporary, transitional provincial tax of 2% on the full house price.
HST/PST transition rules will help ensure that whenever purchasers buy a new home they will all pay a consistent and equitable amount of tax, whether the home is built:
- entirely under the HST;
- entirely under the PST; or
- partly under HST and partly under the PST.
The temporary housing transition measures will be in place until March 31, 2015. The tax only applies to homes where construction begins before the transition date and ownership and possession occur after.
Metro Vancouver real estate agents successfully advocated for the following:
- An increase in the threshold value of homes to be covered by the rebate;
- An increase in the rebate amount;
- An announcement of the transition rules for new homes as early as possible
A Montreal institution Dunn's Famous opened in Vancouver on Tuesday night with a very successful grand opening event at their new location on Seymour St, just south of Robson, on the ground floor of the new Capital Residences condo building.
Dunn's Famous is one of Montreal's renowned Montreal smoked meat establishments and has been in business since 1927.
I was in Montreal last year and I have to say I missed Dunn's, but I was sure happy to get some smoked meat goodness on Tuesday night right here in Vancouver.
I was able to sample their smoked meat sandwich with mustard which was excellent. The meat was juicy and flavourful and the bread was not dry at all.
I also tried a couple of their sliders. The buns were great, the friend onions were tasty, but the meat was a little dry.
The last savoury item I got my hands on was the coveted poutine and it did not let me down at all. Good fries with a good quality cheese and, of course, gravy.
In the back room (this space would be great for a private function by the way, they had some deserts. Having of done in it on the meet and cheese, I only tried one, the carrot cake. It was moist, sweet and delicious.
The main room at Dunn's Famous features high ceilings and lots of big semi-circular booths along one, faux-brick, wall.
So head on down to 827 Seymour Street and check out an Quebec tradition at Dunn's Famous.
You can find them on the web here: http://www.dunnsfamousbc.com/restaurant/ and on Facebook here: https://www.facebook.com/pages/Dunns-Famous-BC/111933945543343
Take your neighbourhood expert with you. Anywhere
Picture this... you find the perfect home. The curb appeal is sensational. You walk through the property and every room is just right: that quartz counter-top you’ve always wanted; a marvelous kitchen that makes you feel like Iron Chef; a luxurious tub in the en suite, and; plenty of closet space. You picture yourself living there and begin to wonder about a few things –
How far is the nearest school?
Where would I buy groceries?
Which banks can I walk to?
What types of restaurants are in the area?
Although your Realtor® is a fountain of knowledge and can answer your questions, he/she may not be right there when you think of the question. And, although we’d all like to carry our agents around in our pockets at all times, it isn’t always practical. Or is it?
Royal LePage has just made it possible to take your real estate services with you anywhere. Now you can get comprehensive answers to all of those questions, complete with maps, on your smart phone through Royal LePage’s mobile website. This easy-to-use mobile website uses your phone’s GPS to find everything you’ need to know about your neighbourhood including amenities and the ‘walkability’ rating. Use the Royal LePage powered search engine to find listings with multiple pictures, property details, features and agent contact information, anywhere in Canada. You can even share listings with friends and family straight from your mobile device.
Now suppose you have this ”perfect home” experience several times in the course of one house hunting weekend. That can be a little confusing. But with Royal LePage’s new mobile website you can add to favourites, make and save notes on any listing to jog your memory when you’re
reviewing your options later.
Royal LePage is taking real estate services to a whole new level with 24/7 access to all of these conveniences and information at your fingertips. And you deserve it. After all you’re not buying a pair of shoes, you’re making one of the biggest purchases of your life.
Contact me to learn more.
Here is the release from BCREA Economics Now:
Bank of Canada Interest Rate Announcement - October 25, 2011
As was universally anticipated, the Bank of Canada opted to hold its target overnight rate at 1 per cent this morning. Ongoing uncertainty in the Euro-zone continues to weigh heavily on the Bank's outlook. In its statement accompanying the interest rate decision, it was noted that the bank is now projecting a contained Euro-crisis, but also a brief recession in the Euro-area due to ongoing deleveraging and fiscal austerity. The Bank also expects continued weakness, but no recession, in the United States through the first half of 2012 before a resumption of stronger growth. Given various challenges in the global economy, the Bank of Canada trimmed its outlook for Canadian economic growth to 2.1 per cent in 2011, 1.9 per cent in 2012 and 2.9 per cent in 2013 which is in line with our own forecast. On inflation, the Bank now expects slack in the economy to persist longer than originally forecast, leading to a closing of the output gap at the end of 2013. This implies softer than expected inflation in coming quarters, with consumer price growth moderating before returning to the Bank's 2 per cent target by the end of 2013.
Overall, this morning's statement shows a very cautious Bank of Canada that is unlikely to make any significant movements on interest rates over the next two to three quarters. Further monetary tightening will be highly contingent on a brighter growth outlook in the United States and a credible solution to the Euro sovereign debt crisis. Therefore we expect the Bank of Canada to remain on the sidelines through the end of 2011 and the first half of 2012.