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Posted in Edmonds BE, Burnaby East Real Estate
Open House. Open House on Sunday, September 29, 2024 2:00PM - 4:00PM

Please visit our Open House at 3003 7088 18TH AVE in Burnaby. See details here

Open House on Sunday, September 29, 2024 2:00PM - 4:00PM

Best Deal in Park 360! This beautiful corner 2-bedroom unit by the renowned Cressey offers breathtaking mountain and city views. With a 9-foot ceiling, oversized floor-to-ceiling windows, and a spacious granite kitchen island, this home is bathed in natural light. The kitchen features full-sized stainless steel appliances and a gas cooktop. Both bedrooms come with ensuite bathrooms and newly installed clothing organizers for extra storage. Nestled among parks and trails, Park 360 combines nature and convenience, just steps from Edmonds Skytrain Station and minutes from Metrotown. Bonus: over $50k upgrades 5 years ago; fridge, washer and dryer were purchased three years ago, dishwasher is new. This is the perfect home at an unbeatable price - don't miss out! Open House Sat & Sun 2-4pm

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How Vancouver's New Multiplex Zoning Changes Could Shape the Housing Market

Introduction: Vancouver’s Housing Crisis and Zoning Reforms

Vancouver has long been facing a housing affordability crisis, with sky-high home prices and limited availability. In response, the city council approved a major zoning reform in September 2023, aimed at creating more housing options in low-density neighborhoods. This reform, known as the "Missing Middle" proposal, allows for the development of multiplexes (up to six strata units or eight rental units) on lots previously reserved for single-family homes. These changes are part of a broader initiative to tackle the housing shortage and make the city more affordable for middle-income families.

Key Elements of the Zoning Changes

  • Multiplexes Now Permitted: The new zoning laws allow for multiplexes to be built on lots previously designated for single-family homes, with up to eight units allowed on larger lots. This represents a shift towards increasing density in traditionally low-density areas.

  • Simplification of Zoning: Vancouver has consolidated its nine residential zoning districts (RS zones) into a single category, making it easier for developers to navigate the permitting process. This aims to speed up the construction of new homes and reduce regulatory barriers.

  • Affordability Impact: Multiplex units are expected to be more affordable than single-family homes. For instance, a fourplex unit is projected to cost around $1.1 million—significantly lower than the $2.82 million for a single-family home. This opens the door for middle-income families to enter the housing market​(CityNews Vancouver)​(Daily Hive Vancouver).

Potential Benefits

  • More Diverse Housing Options: The policy encourages the development of family-friendly housing that is more affordable, helping Vancouver address the "missing middle" housing problem.

  • Increased Housing Supply: The city expects to add 150-200 multiplexes per year, contributing to a modest but important increase in housing supply.

  • Simplified Development Process: By consolidating zoning categories and easing regulatory burdens, the city is making it faster and more efficient to build new homes​(CityNews Vancouver)​(City of Vancouver).

Challenges and Considerations

  • Infrastructure Strain: Increasing the number of homes in traditionally low-density areas may strain existing infrastructure, such as sewer systems and parking availability. This could lead to further investments in city utilities to accommodate the higher density​(Daily Hive Vancouver).

  • Community Reactions: While many residents support the changes, there are concerns about the loss of neighborhood character, especially in areas with heritage homes, and increased demand for street parking​(Daily Hive Vancouver).

Conclusion: A Path Forward for Vancouver

These zoning reforms represent a significant shift in Vancouver’s approach to urban development. By enabling higher density housing across low-density neighborhoods, the city aims to create more inclusive, affordable communities. While challenges remain, the changes are a step towards addressing Vancouver’s housing crisis and making the city livable for a broader range of residents.

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Posted in Edmonds BE, Burnaby East Real Estate
Open House. Open House on Saturday, September 28, 2024 2:00PM - 4:00PM

Please visit our Open House at 3003 7088 18TH AVE in Burnaby. See details here

Open House on Saturday, September 28, 2024 2:00PM - 4:00PM

Best Deal in Park 360! This beautiful corner 2-bedroom unit by the renowned Cressey offers breathtaking mountain and city views. With a 9-foot ceiling, oversized floor-to-ceiling windows, and a spacious granite kitchen island, this home is bathed in natural light. The kitchen features full-sized stainless steel appliances and a gas cooktop. Both bedrooms come with ensuite bathrooms and newly installed clothing organizers for extra storage. Nestled among parks and trails, Park 360 combines nature and convenience, just steps from Edmonds Skytrain Station and minutes from Metrotown. Bonus: fridge, washer and dryer were purchased three years ago, dishwasher is new. This is the perfect home at an unbeatable price - don't miss out! Open House Sat & Sun 2-4pm

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Posted in Whalley, North Surrey Real Estate
New property listed in Whalley, North Surrey

I have listed a new property at 13734 105A AVE in Surrey. See details here

Explore this 9,315 sqft rectangular lot in a rapidly developing area. With a current OCP allowing multifamily development (minimum FAR of 3 and 8 floors) and tons of new high-rises in the area, the potential is immense. Steps from the SkyTrain station and close to UBC, SFU, schools, and City Center, with Easy access to Highways 1 and 17, and the Pattullo and Alex Fraser Bridge. Please do not enter the property without an appointment or disturb tenants

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Posted in Edmonds BE, Burnaby East Real Estate
New property listed in Edmonds BE, Burnaby East

I have listed a new property at 3003 7088 18TH AVE in Burnaby. See details here

Best Deal in Park 360! This beautiful corner 2-bedroom unit by the renowned Cressey offers breathtaking mountain and city views. With a 9-foot ceiling, oversized floor-to-ceiling windows, and a spacious granite kitchen island, this home is bathed in natural light. The kitchen features full-sized stainless steel appliances and a gas cooktop. Both bedrooms come with ensuite bathrooms and newly installed clothing organizers for extra storage. Nestled among parks and trails, Park 360 combines nature and convenience, just steps from Edmonds Skytrain Station and minutes from Metrotown. Bonus: fridge, washer and dryer were purchased three years ago, dishwasher is new. This is the perfect home at an unbeatable price - don't miss out! Open House Sat & Sun 2-4pm

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Posted in Edmonds BE, Burnaby East Real Estate
Open House. Open House on Saturday, September 21, 2024 2:00PM - 4:00PM

Please visit our Open House at 3003 7088 18TH AVE in Burnaby. See details here

Open House on Saturday, September 21, 2024 2:00PM - 4:00PM

Best Deal in Park 360! This beautiful corner 2-bedroom unit by the renowned Cressey offers breathtaking mountain and city views. With a 9-foot ceiling, oversized floor-to-ceiling windows, and a spacious granite kitchen island, this home is bathed in natural light. The kitchen features full-sized stainless steel appliances and a gas cooktop. Both bedrooms come with ensuite bathrooms and newly installed clothing organizers for extra storage. Nestled among parks and trails, Park 360 combines nature and convenience, just steps from Edmonds Skytrain Station and minutes from Metrotown. Bonus: fridge, washer and dryer were purchased three years ago, dishwasher is new. This is the perfect home at an unbeatable price - don't miss out! Open House Sat & Sun 2-4pm

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Posted in Edmonds BE, Burnaby East Real Estate
Open House. Open House on Sunday, September 22, 2024 2:00PM - 4:00PM

Please visit our Open House at 3003 7088 18TH AVE in Burnaby. See details here

Open House on Sunday, September 22, 2024 2:00PM - 4:00PM

Best Deal in Park 360! This beautiful corner 2-bedroom unit by the renowned Cressey offers breathtaking mountain and city views. With a 9-foot ceiling, oversized floor-to-ceiling windows, and a spacious granite kitchen island, this home is bathed in natural light. The kitchen features full-sized stainless steel appliances and a gas cooktop. Both bedrooms come with ensuite bathrooms and newly installed clothing organizers for extra storage. Nestled among parks and trails, Park 360 combines nature and convenience, just steps from Edmonds Skytrain Station and minutes from Metrotown. Bonus: fridge, washer and dryer were purchased three years ago, dishwasher is new. This is the perfect home at an unbeatable price - don't miss out! Open House Sat & Sun 2-4pm

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Posted in Fraser VE, Vancouver East Real Estate
Open House. Open House on Saturday, September 14, 2024 2:00PM - 4:00PM

Please visit our Open House at 558 16TH AVE E in Vancouver. See details here

Open House on Saturday, September 14, 2024 2:00PM - 4:00PM

Stunning Cash Flow Cow duplex in the quintessential Main & Fraser neighbourhood! Step inside this meticulously designed 3 bed/2.5 bath in each side, w/S-facing backyard allowing for an abundance of natural lighting into the home. Upstairs offers all 3 spacious bedrooms w/ample closet space incl. One side is long term rent with $5000 per month, and the other side is an airbnb guests room with lots of cash flows. 2-car garage, & lots of street parkings. this home seamlessly blends modern luxury w/ convenience. A fantastic one of Vancouver's most desirable neighbourhood, you're steps away from shops & cafes along Main & Fraser & Kingsway + proximity to great schools & parks.

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Posted in Fraser VE, Vancouver East Real Estate
Open House. Open House on Sunday, September 15, 2024 2:00PM - 4:00PM

Please visit our Open House at 558 16TH AVE E in Vancouver. See details here

Open House on Sunday, September 15, 2024 2:00PM - 4:00PM

Stunning Cash Flow Cow duplex in the quintessential Main & Fraser neighbourhood! Step inside this meticulously designed 3 bed/2.5 bath in each side, w/S-facing backyard allowing for an abundance of natural lighting into the home. Upstairs offers all 3 spacious bedrooms w/ample closet space incl. One side is long term rent with $5000 per month, and the other side is an airbnb guests room with lots of cash flows. 2-car garage, & lots of street parkings. this home seamlessly blends modern luxury w/ convenience. A fantastic one of Vancouver's most desirable neighbourhood, you're steps away from shops & cafes along Main & Fraser & Kingsway + proximity to great schools & parks.

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Posted in Fraser VE, Vancouver East Real Estate
New property listed in Fraser VE, Vancouver East

I have listed a new property at 558 16TH AVE E in Vancouver. See details here

Stunning Cash Flow Cow duplex in the quintessential Main & Fraser neighbourhood! Step inside this meticulously designed 3 bed/2.5 bath in each side, w/S-facing backyard allowing for an abundance of natural lighting into the home. Upstairs offers all 3 spacious bedrooms w/ample closet space incl. One side is long term rent with $5000 per month, and the other side is an airbnb guests room with lots of cash flows. 2-car garage, & lots of street parkings. this home seamlessly blends modern luxury w/ convenience. A fantastic one of Vancouver's most desirable neighbourhood, you're steps away from shops & cafes along Main & Fraser & Kingsway + proximity to great schools & parks.

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Posted in Simon Fraser Univer., Burnaby North Real Estate
Open House. Open House on Saturday, August 31, 2024 2:00PM - 4:00PM provide refreshments

Please visit our Open House at 8 9735 UNIVERSITY CRES in Burnaby. See details here

Open House on Saturday, August 31, 2024 2:00PM - 4:00PM provide refreshments

Don't miss this incredible opportunity to secure a remarkable deal at Simon Fraser University Burnaby Mountain! This stunning south-facing 3-bedroom+DEN townhouse by MOSAIC Homes stands out with its luxurious features and exceptional value. Enjoy the grandeur of high ceilings on the main floor, complemented by KitchenAid S/S appliances, Quartz countertops, and radiant in-floor heating. The fenced patio offers a private retreat, while the spacious DEN provides the perfect space for an office or game room. Recently upgraded with new flooring, window screens, blinds, and magnetic shower heads, this home seamlessly blends luxury and practicality. Act now to make this exquisite townhouse your own! Open House Aug 3 & 4 2:00-4:00pm

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Posted in Simon Fraser Univer., Burnaby North Real Estate
Open House. Open House on Sunday, September 1, 2024 2:00PM - 4:00PM provide refreshments

Please visit our Open House at 8 9735 UNIVERSITY CRES in Burnaby. See details here

Open House on Sunday, September 1, 2024 2:00PM - 4:00PM provide refreshments

Don't miss this incredible opportunity to secure a remarkable deal at Simon Fraser University Burnaby Mountain! This stunning south-facing 3-bedroom+DEN townhouse by MOSAIC Homes stands out with its luxurious features and exceptional value. Enjoy the grandeur of high ceilings on the main floor, complemented by KitchenAid S/S appliances, Quartz countertops, and radiant in-floor heating. The fenced patio offers a private retreat, while the spacious DEN provides the perfect space for an office or game room. Recently upgraded with new flooring, window screens, blinds, and magnetic shower heads, this home seamlessly blends luxury and practicality. Act now to make this exquisite townhouse your own! Open House Aug 3 & 4 2:00-4:00pm

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