New listing at 365 KEITH PLACE, WEST VANCOUVER - $2,398,000

  

 MLS V950670  (scroll down for pictures/map)
Floor plan

Open house Saturday 19 and Sunday 20 May, 2-4

Impressive custom home in small quiet CDS with all newer homes near Park Royal Shops and Lions Gate bridge and with easy access to highway. Immaculate condition, quality finishes, brand-new wide plank hardwood flooring and great floor plan with open concept living and good entertainment areas, high ceilings, double volume entrance hall, attractive design features, ample storage and a 838 sq ft LEGAL SUITE with separate laundry.
Beautiful 4,408 sq ft home on a large 18,818 sq ft lot in a peaceful parklike setting - the house is set on the flat western portion of the lot, the eastern portion of the lot is part of the greenbelt going down to Brothers Creek and offers private seclusion and less yard maintenance.

Close to walking trails, transit and school.

This is a fantastic home! Come and see for yourself - this home is it.

Renewed buyer activity in May 2012

The month of May brought sunshine and buyers are more seriously resuming their search for a new home! Buyer activity has increased in the more affordable price ranges in particular.
The Real Estate Board of Greater Vancouver reports for April 2012 a lower number of sales and more listings than 12 months ago as well as a twelve month increase in the benchmark price of 3.7 per cent. Complete report of the REBGV

The house above is located in West Vancouver and will be listed for sale next week. This partial picture is a little peek a boo pre-view.

Impressive 3,636 sq ft Coal Harbour view condo at TWO HARBOUR GREEN

Impressive entertainer's dream condo at TWO HARBOUR GREEN - 1139 W. Cordova. 3,636 sq ft of luxury with stunning views. 3 bedrooms, 4 bathrooms, fabulous finishes, large balcony, air conditioning. CAD 400,000 fantastic upgrades, private 3 car garage with storage plus additional large storage room.

TWO HARBOUR GREEN is located next to the seawall and has an imperial sized lobby with concierge, virtual golf, ample visitor parking, pool, sauna, steam room, gym and social rooms.

Asking price CAD 6,498,000.

Contact me at 604 926 3936 or christinelouw@shaw.ca for a showing or additional information. If you are looking for the best, this condo will appeal to you.

Virtual tour or visit http://www.coalharbourcondos.info or http://www.vancouver-condos.net

Coal Harbour real estate market statistics - July 2011

COAL HARBOUR STATISTICS

For a more complete report on the Coal Harbour real estate market click on this link.

Building with most sales in June: Venus at 1239 W Georgia (5 sales).
On 12 July 2011, 181 condos are listed for sale: average asking price of $2,219,954, median asking price of $1,459,000.
Most active listings: Fairmont Pacific Rim Estates (1011 W Cordova) - 24, West Pender Place (1499 W Pender) - 20.


Recently I sold several impressive Coal Harbour condos. Please contact me at 604 926 3936 or christinelouw@shaw.ca if you like me to assist you in achieving a similar great result.

· 2301 - 139 W Cordova, Two Harbour Green ♦ sold in 4 days for $ 5,600,000

· 1802-1680 Bayshore ♦ sold in 5 days for $1,900,000

· high floor 04-323 Jervis, Escala ♦ sold for $1,630,000

· 506 - 590 Nicola, Cascina ♦ sold in 29 days for $1,012,500.

Greater Vancouver real estate market update - July 2011

GREATER VANCOUVER STATISTICS

The Real Estate Board reports that in June 2011 compared to June 2010
- the number of residential property sales in the Greater Vancouver area increased by 9.8 %: condo sales increased by 0.6% and detached home sales by 29.1%
- new listings increased by 4.5%; the total number of listings declined by 14%
- the benchmark price of condos increased by 3.5% and of detached homes by 13.4%

For the full June 2011 report of the Real Estate Board of Greater Vancouver click on this link and scroll down.

New! SALT by Concert Properties at Hornby/Drake

SALT will be launched in June 2011 and is a 32 storey tower with over 194 homes ranging from 1 bedroom to 2 bedroom and den. Most condos will be from 475 to 925 sq ft while the SKY collection will be from 940 to 1,380 sq ft. Over 125 homes will be priced between $295,000 and $495,000. The higher floor condos will have great views. Finishes are advertized to be high end with laminate flooring throughout including bedrooms, and quality modern white kitchens with European appliances, quartz counter tops and tile backsplash. ------------------------------------------------------------------------------------------- Go to the "new condos" tab at http://www.vancouver-condos.net for a location map. Contact me if you are interested in * the condos in SALT or any other development or * want to receive information about the Vancouver real estate market.

MADDOX DOWNTOWN - New development by Cressey

Cressey has announced it will launch this spring a 32 storey building at the corner of Howe and Drake. MADDOX will be close to two other Cressey developments: ELAN @ 1255 Seymour (completion 2006) and DONOVAN @ 1055 Richards (completion 2008/2009) which both have luxurious finishes.

The MADDOX condos will range in size from 498 to 1,576 sq ft.

Are you interested in buying a condo in this development? Contact me and I will keep you informed of the progress and assist you in selecting the condo that meets your requirements best whether you are looking for a home for yourself or an investment property.

To view a map with the location of new and newer buildings go to http://www.vancouvercondos-net

Rental market is strong

The rental market for condos and detached homes is strong. The low supply on Craigslist is a great barometer and rental realtors confirm that there not sufficient supply. Great news for investors! See http://www.vancouver-condos.net if you are interested in investing in a condo and http://www.christinelouw.com to browse detached home listings.

Vancouver real estate market statistics for February 2011

The Real Estate Board just released their most recent statistical information which shows that
- listings, sales and demand have increased in the first two months of 2011 and
- that some areas and categories of real estate (notably detached homes in Richmond and Vancouver Westside) have seen considerably more activity than others.

In February 2011

• the number of sales increased by 70.3% compared to January 2011 and by 25.5% compared to February 2010.
• new listings increased by 23.6% compared to February 2010 and the total number of listings increased by 5%
• the 12 month increase of the benchmark price of detached homes was 6%, of condos was 2.2% and of townhomes was 2.3%.

Statistics are not the same for all areas. Contact me if you like to know what properties sold in the last 60 days in your immediate area. Your property may be worth more than you think!

If you like to browse yourself to see current asking prices visit my websites
www.vancouver-condos.net
www.coalharbourcondos.info
www.falsecreeknorthcondos.com
www.christinelouw.com for homes

Bank of Canada held its overnight rate

This morning the Bank of Canada held the overnight (interest) rate at 1 percent. The overnight rate has a substantial influence on mortgage interest rates. The statement released with the decision noted the improved outlook for the Canadian economy but also the escalating geopolitical risk and the challenge to export by the rising Can dollar. The Vancouver market is increasingly active in all price ranges. On 18 March the maximum amortization period for high ratio mortgages (mortgage for more than 80 percent of the purchase price/appraised value) will be reduced from 35 to 30 years. Buyers who remove subjects before 18 March have access to the 35 year amortization period. This change will mainly affect purchases in the lower price ranges and likely not to a significant degree. At the moment this segment of the market is very active with quick sales and multiple offers; remains to be seen if this activity is in anticipation of the 18 March change or just part of the general increase of demand. For mortgage rate information see "Resources" at http://www.vancouver-condos.net and "Statistics" at http://www.coalharbourcondos.info