WAVE by Rize - 13303 103A Ave., Surrey

1 year old condo in Surrey - Whalley area, right behind the all new SFU Campus. Beautiful architectal building boasting large patio and roof top amenities. Units also feature new sliding walls for connivence and space. Great for students, working couple or single, and professionals. Close to skytrain, school and restaurants. 1bed + Den unit available from low to mid $200,000's and rents out for $1,200 - $1,300/mo. Great investment opportunity. This area is developing FAST! Hope my buyer's offer does well!!!

SOLD to a bright young businessman

GUILDHOUSE by Mosaic at Surrey

Visited a Pre-Sale development by Mosaic in Surrey, BC called the GUILDHOUSE with a client. It is right behind the newly remodelled Guildford Mall featuring townhouses and 4 storey apartments. Currently there's only a 3 homes remaining featuring 2bed and 1.5bath with prices at low $300,000. HUGE investment opportunity! This is a very impressive development by a reputable builder in a prime area. A very attractive property for First Time Buyers and Investors. If you are in the condo market in North Surrey - Guildford area, consider this! 

SOLD to an investor

Foreign Buyer Tax in Greater Vancouver

The Provincial Government announced a tax that applies to foreign buyers who purchase a property here in Greater Vancouver area. Basically, any foreigner who buys a home and has a  completion date on or after August 2, 2016 is subject to pay a 15% tax.

WOW! I understand that the government is trying to cool down the crazy hot market in Greater Vancouver but the way this tax is being presented and implemented does not sit right with me. Why can't they grandfather the contracts that are already in place? Many people will be scrambling to close sales within the deadline and for others they might even forfeit which in turn will affect the purchase of that seller who probably had plans to buy. Not very happy with how this tax is being handled. Yes, I agree in doing something to control or cool the ever crazy Real Estate market here in Vancouver but this is not right. 

PS. This might only have a small affect on the real estate market because wealthy foreigners will find a way around it - they always do, and the amount of equity and estate that the locals have  is beyond any ones understanding. 

1028 Barclay Street, Vancouver

LOCATION! LOCATION! LOCATION! Thrilled about this new listing in the heart of Downtown Vancouver! 1 bedroom apartment in the fully air conditioned building with Hotel feature amenities including full service concierge, The PATINA. Steps from YMCA, Sutton Hotel, Scotia Theatre, Robson Street, Burred Street, Restaurants and shops. This is one of the most highly desirable buildings and prime location. 

SOLD over asking in 1 day