Monthly Archives: February 2014

BC Property Transfer Tax (PTT) First Time Buyers Exemption Limit Raised to $475K from $425K

Government reduces tax burden on first-time buyers

First-time home buyers received welcome news in today’s provincial budget. Any REALTORS® currently working with first-time buyers will want to share this news with them as soon as possible.

The government has announced, effective February 19, 2014, under the Property Transfer Tax (PTT) First-Time Home Buyers’ Exemption program, qualifying first-time buyers can buy a home worth up to $475,000. The previous threshold was $425,000.

The partial exemption continues and will apply to homes valued between $475,000 and $500,000.

With this change, the government estimates  Continue Reading…

Boulevard Private Residences—Spacious Living in Vancouver’s Upscale Kerrisdale with Floor Plans – Prices to Come!

Boulevard Exterior Rendering

Boulevard Logo Mike Stewart

Redekop (Kerrisdale) Homes Ltd. is offering 38 exclusive private residences in Vancouver’s upscale Kerrisdale neighbourhood.  These spacious condos with generous balconies are located above street-level retail for perfect access to Kerrisdale’s admirable range of boutiques and cafes. You will also enjoy easy access to UBC and proximity to Point Grey Secondary School.

At a Glance

  • 38 exclusive private residences
  • one-, two-, and three-bedroom condos
  • starting from $448,000
  • situated atop street-level retail
  • spacious floor plans and generous balconies
  • in-a-second access to shops and cafes in upscale, walkable Kerrisdale
  • near Point Grey Secondary School
  • speedy access to UBC and transit

Currently in the preconstruction phase, Vancouver’s new Boulevard Private Residences condo development is located at 5305 West Boulevard (Arbutus Street and West 37th Avenue). With distinctive interior and exterior finishes, these stylish condos combine elegance of style with attractiveness of location.

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The Boulevard Private Residences condo development will attract considerable attention. Please contact me soon to learn more. 

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Boulevard Private Residences—Kerrisdale Comfort

Opportunities to purchase condos in Vancouver’s coveted Kerrisdale neighbourhood are all too rare. You can make your home in a beautifully designed residence and let Kerrisdale pamper you, with upscale shops, restaurant and the Pacific Spirit Park nearby.

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Pricing for Boulevard Private Residences
  Continue Reading…

Canvas by Onni – A New Presale Condo in Vancouver’s Southeast False Creek Pricing & Floor Plans!

Canvas Exterior Rendering Mike Stewart

Onni Group developers present the stunning new Canvas condo development in the Vancouver’s Southeast False Creek. Your home will be embedded in one of the most dynamically evolving areas in Vancouver, soon to be the city’s art and creation hub. Canvas condos are located beside the striking future Emily Carr University of Art + Design location and the Centre for Digital Media of the Great Northern Way campus. You will be close to the Seawall, SkyTrain, Central Valley Greenway, eclectic Main Street and a smart new gallery scene.

Canvas Vancouver Rooftop Decks

Canvas Condos Vancouver At a Glance

  • one- and two-bedrooms with linear kitchens
  • two buildings connected by a lush open-air courtyard
  • 70 pf the 209 suites will have private rooftop 650 patios with natural gas hook ups as well as water faucets
  • modern corrugated metal and colour-splash design by award-winning gBL Architects
  • neighbours the future Emily Carr University of Art + Design and the Centre for Digital Media
  • walking distance to the Seawall, Main Street shops, restaurants and a burgeoning gallery scene
  • connected to the city via the Central Valley Greenway and the SkyTrainCanvas Display Model 2 Canvas Display Model Mike Stewart 1 Canvas Model 3 Canvas Model 4

The Canvas condos Vancouver is currently in the preconstruction stage at the corner of Great Northern Way and Prince Edward Street at 396 East 1st Avenue. Canvas condos are situated in two buildings with modern corrugated metal and colour-highlights design. A landscaped central courtyard and private rooftop patios only add to the enticement of this contemporary condo development.

Be A Presale Condo VIP!

Find Out About New Presales & Get Access to VIP Openings & Special Promotions!

Are you a realtor? Click here

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The Canvas condos Vancouver are sure to attract many motivated buyers. I urge you to contact me so I can keep you informed about this new condo development.

Canvas Condos—A Hub of Art and Movement  

Located on the False Creek Flats, Vancouver’s Canvas condos connect you intimately to a dynamic new art scene. The location also allows you unparalleled access to transit, greenway and Seawall routes to keep you on the move.

Location Map Canvas
Pricing for Canvas Condos

Pricing information is currently limited for this new Vancouver condo development. We know that pricing will start from the $500/sf including parking.

BedroomsInterior Size – sq ftStarting From
1 Bedroom470-920$249,900
1 Bedroom + Flex580-780$349,900
1 Bedroom + Flex + Storage605-620$369,900
2 Bedroom735-975$399,900
2 Bedroom + Flex895-960$539,900
All Homes Include One Parking Stall + One Storage Locker
Estimated Completion: Spring 2016

Onni Canvas Vancouver Presale Courtyard Mike Stewart

Floor Plans for Canvas Condos

Canvas FINALIZED Floor Plans Mike Stewart

Vancouver’s Canvas condo development offers 1- and 2-bedroom floor plans.

  Continue Reading…

January 2014 Real Estate Board of Greater Vancouver Statistics Package

REBGV Stats Package, January 2014 Mike Stewart

Steady trends continue in the Greater Vancouver housing market

The first month of 2014 saw home sale and listing totals outpace historical averages in the Greater Vancouver housing market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 1,760 on the Multiple Listing Service® (MLS®) in January 2014. This represents a 30.3 per cent increase compared to the 1,351 sales recorded in January 2013, and a 9.9 per cent decline compared to the 1,953 sales in December 2013.

Last month’s sales were 7.2 per cent above the 10-year sales average for the month.

“The Greater Vancouver housing market has been in a balanced market for nearly a year. This has meant steady home sale and listing activity accompanied by stable home prices,” Sandra Wyant, REBGV president said.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,345 in January. This represents a 4.2 per cent increase compared to the 5,128 new listings reported in January 2013.

Last month’s new listing count was  Continue Reading…