Property: #2602 5051 Imperial St List Price: $1,955,900 Sold Price: TBA Sold Date: TBA
A 1,541 sq. ft. wrap-around rooftop deck that’s almost as large as the indoor living space is one of the stunning features at Burnaby’s most expensive condo currently on the market. The 3 bedroom + den penthouse is at the top of the Imperial development by Amacon, currently under construction in the Metrotown neighbourhood.
The unit is one of only two penthouse suites at the Imperial that is comprised of 169 units inspired by the elegance of a fine boutique hotel. That attention to luxury and comfort is reflected in the fine finishings that include central air conditioning, nine-foot ceilings, a gourmet kitchen equipped with soft-close drawers and top-end appliances like a convection wall oven.
Each of the bedrooms in the 1,834 sq. ft. unit has its own ensuite, and there’s also a powder room for visitors. It comes with two parking stalls and a storage locker.
Amenities at the Imperial include a guest suite, games room, music room and meeting room as well as a grand entrance lobby with hotel-style concierge service. Residents will also have access to an electric BMWi3 and a bike share program.
The latter may be especially useful as the Imperial is located near the BC Parkway bike route that connects New Westminster to Vancouver along the Expo SkyTrain line. The Bonsor recreation centre, with a pool, fitness facilities and activity rooms is nearby, as is the massive Metropolis at Metrotown shopping complex.
Gold House is a stunning new development by Rize Alliance that will set a bold standard for architecture and luxury in the city. In fact, the project is so remarkable, the two towers have already sold out, but penthouse suites are still available.
Designed by the renowned architects at Chris Dikeakos, the two towers that comprise Gold House feature gold accents, expansive windows and generous patios that will make a glittering addition to Burnaby’s burgeoning skyline.
The bold exterior design is matched by lavish interiors that include Bosch appliances in the kitchens, custom Italian Armony Cucine cabinets and spa bathrooms with polished quartz and marble counters. Each unit is also air conditioned. That luxury is kicked up a notch in the penthouse homes with over-height ceilings, exclusive interiors designed by Hirsch Bedner Associates, and huge patios up to 1,230 sq. ft.
Amenities include a furnished outdoor terrace, fully-equipped fitness centre, yoga studio, social lounges and sound-insulated music rooms in each tower.
The development is perfectly located, across from the hundreds of shops, restaurants and services at Metropolis at Metrotown and Station Square as well as the main branch of the Burnaby Public Library, a short stroll from the Metrotown SkyTrain station and handy to beautiful Central Park.
Burnaby condos and townhomes are hot. Brentwood Park condos are on fire!
In fact, all five Brentwood Park condos sold last week went for above list, at an average price of $750 sq. ft. Four of the units are 2 bedroom, 2 bathroom condos. The other is a dramatic two-level loft townhome in the Tandem development that looks out over a greenbelt.
The 1-bedroom townhome, at #8 4178 Dawson St, features soaring 16-foot ceilings, an open kitchen and a large master bedroom on the second level. The building is across from the Gilmore SkyTrain station and a short walk to the booming urban centre that is transforming the Brentwood Town Centre. When the $1.3 billion project by Shape Properties is completed, the 28-acre site will include more than 250 shops, restaurant and entertainment venues like art galleries and a VIP theatre complex, as well as soaring residential towers designed by master-plan architect James Cheng. And all of it is directly connected to the Brentwood SkyTrain station for quick trips into Vancouver along the Millennium Line.
The excitement for that project has spread throughout the Brentwood Park neighbourhood. Eventually it could be home to 40,000 new residents over the next 30 years. So it’s little wonder buyers are eager to get in early.
Project: Verdi at 3959 Hastings St Builder: Bosa’s Aquila Development Units: 42
You don’t have to be a composer of popular operas to own a condo in Aquila Development’s Verdi in Burnaby’s popular Heights neighbourhood. But you’ll still be able to enjoy the same sense of style and respect for tradition that made the project’s namesake, Giuseppe Verdi, a composer of some of Italy’s most popular operas, like Rigoletto and La traviata.
Verdi is a 42-unit project that is currently in reconstruction at 3959 Hastings St. Prices for available units range from $504,900 for a 770 sq. ft. 1-bedroom suite to $879,900 for 1313 sq. ft. 3-bedroom plus den.
The 4-storey building’s architecture is a blend of contemporary West-Coast style built with Old-World quality. Expansive windows, generous overhangs and large balconies and terraces invite outdoor living. It’s rooftop features a patio with a gas barbecue, seating and community gardens.
That commitment to style and quality carries on inside each unit with interior design by Cristina Oberti, whose portfolio includes luxury projects throughout Greater Vancouver, Calgary and San Diego. Floors in the kitchen and living/dining area are wide-plank laminate. The kitchen’s quartz countertops are matched with a quartz backsplash. Appliances are by Bosch, Whirlpool and Fisher & Paykel. Most bathrooms feature dual vanities with quartz countertops and backsplash. And every unit is pre-wired for high-speed internet and digital cable.
And just in case you are an opera lover, double party walls, lightweight concrete topping at each floor and insulated floor joists will limit sound transfer between homes.
Property: 1705 4400 Buchanan St List Price: $579,000
A 1 bedroom + den Burnaby condo at 1705 4400 Buchanan St with plenty of style and a view to match was attracting plenty of interest when Burnaby Realtors James Garbutt and Denny Dumas presented a successful offer on behalf of their buyer.
The 821 sq. ft. unit is in Appia’s Motif development in the Brentwood Park neighbourhood of North Burnaby. It features granite countertops, stainless steel appliances, wide plank laminate flooring and sweeping views of Vancouver and the Metrotown skyline from its large balcony.
Motif is located close to SkyTrain and the Brentwood Town Centre is just a quick walk away. That area is in the early stages of a massive transformation into a major urban hub with new condo towers, a redeveloped shopping mall, outdoor plazas, open-air cafés and galleries. A new Whole Foods Market just opened.
The kitchen features granite countertops and stainless steel appliances.
The large balcony with views of Metrotown.
The Motif development features a fully-equipped fitness centre.
Right outside the front door is a world of culinary and shopping delights. Literally. Hastings Street is a multicultural meeting place where traditional Italian delicatessens share the same block with Vietnamese Pho restaurants, Parisian bistros, and one of Greater Vancouver’s most renowned restaurants, The Pear Tree. There’s a butcher, a baker, and even a fish monger. Everything from hardware to used books to pet supplies is within a short walk. And downtown Vancouver is a quick 10-minute ride on transit away!
The bright, North Burnaby 2 bedroom condo is located in The Sienna, a small complex that was built in 1998. It’s efficient layout makes it seem much larger. The spacious kitchen is open to the dining and living areas. The balcony is partially covered for year-round barbecues. Its two bedrooms are located on opposite sides, and it would be very easy to convert one of them to a large home office. The master bedroom has its own 4-piece ensuite.
The 3 bedroom, 3 bathroom unit features over-height ceilings on the main floor, a huge open kitchen with a large island, plenty of cabinetry for storage and top-end appliances. There’s also a walk-in laundry. Floor-to-ceiling windows look to the north and south. The second floor opens to a large patio with views to the south across Burnaby’s Central Valley to the Metrotown skyline.
The townhouse is located close to SkyTrain and the Brentwood Town Centre is just a quick walk away. That area is in the early stages of a massive transformation into a major urban hub with new condo towers, a redeveloped shopping mall, outdoor plazas, open-air cafés and galleries. A new Whole Foods Market just opened.
Property: PH 1 6888 Station Hill Dr. List Price: $1,695,000 Sale Price: $1,498,000 Sold Date: April 21, 2016
Wrap-around balconies provide almost unlimited views to the east, south and west from this penthouse condo in the prestigious Savoy Carlton complex in Burnaby’s South Slope neighbourhood.
The 1,267 sq ft of outdoor space, combined with 2,858 sq. ft. of indoor space make this two-level penthouse one of the largest of Burnaby condos. Its 3 bedrooms, 4 baths and a sauna represent luxury living at its finest. The unit was completely renovated in 2005 with a spacious chef’s dream kitchen, custom millwork, hardwood flooring and built-ins. The two bedrooms on the upper level each have their own 4-piece ensuite. The unit also comes with 4 parking stalls and 2 storage lockers.
The complex is surrounded by lush, landscaped private gardens. Amenities include an indoor swimming pool, hot tub, sauna, pool table, theatre and library. It’s close to SkyTrain, schools, parks and shopping.
The views are limitless from the wrap-around balconies.
The gourmet kitchen.
The master bedroom suite features its own fireplace.
If you’re a buyer, the market for condos and townhomes in Burnaby might be more favourable in the Metrotown neighbourhood. An abundance of available product there means 60 per cent of sales in the past 60 days have gone for below list.
And just as the market for high-end houses has been struggling a bit, the market for condos and townhomes in Burnaby above $600,000 is a little slower.
There’s a lot of new development coming down the pipe, so it’s hard to say how long the market for condos and townhomes in Burnaby will stay hot. But with interest in condos and townhomes high across the Lower Mainland right now, there’s no end in sight. That might be a little frustrating if you’re a buyer. But if you’re selling, you’ll be rewarded.
A great Realtor can make the difference between a good or bad experience when you’re selling your home. But before you sign a listing contract, here are 10 great questions to ask a Realtor when selling your home.
1. How many properties have you sold? How many did you sell last year?
Most people instantly focus on years in the business, but your Realtor’s sales volume is just as important; one agent can sell as many homes in two years than others do in 10. A Realtor with a healthy volume of sales in the local market in the past year is likely more in tune with that market.
But don’t just focus on the numbers; you should also feel comfortable with your Realtor.
2. What types of properties have you sold lately?
This will help you determine your Realtor’s focus and performance, whether they’ve had success selling similar types of products, and in your area. Ask for proven results, such as the average number of days their listings are on the market, the ratio of their list prices to actual sale prices. What about listings that aren’t selling; a Realtor who openly discusses their failures demonstrates honesty.
3. Who is the buyer and where are they coming from?
Your Realtor’s knowledge and experience with the local market will help them market your home to potential buyers and highlight the features that will be important to them. It’s important for your Realtor to know their target market for your home, whether it’s young families, downsizers, locals or buyers from out of town.
4. What is your marketing strategy for my home?
This is where the rubber hits the road, and your Realtor will earn their commission. Your home is likely your largest investment; it needs to be marketed well from the beginning if you’re going to realize a good return on that investment. It’s important your home presents well and buyers are aware of it.
Your Realtor should know how to present your home at its best, including professional photos.
In a hot market, just putting up a lawn sign might sell your home, but that doesn’t mean it’s the right strategy to get you the right price. Nice photos, a posting on the Multiple Listing Service (MLS) and Open Houses are a minimal expectation; but what else can your Realtor offer? Creative campaigns that include online marketing, an active presence on social media, print advertising and staging can gain extra exposure for your home.
5. What separates you from your competitors?
Here’s where you’re really asking “why should I hire you?” There’s no shortage of Realtors out there to sell your home, but what is your Realtor offering to separate them from that pack. Their marketing ability is important, but so are honesty and trust.
6. What is your recommended listing price for my home, and why?
You want an understanding of how your Realtor evaluates properties. It should be by more than guesswork, or intuition.
Their evaluation of your property should be supported by recent comparable sales in the area. A more detailed evaluation could include listings that didn’t sell, and current active listings that you’re competing against.
If your home is difficult to evaluate because there’s been no recent comparable sales against which to measure it, a creative Realtor will look at similar properties outside the neighbourhood, or in similar neighbourhoods. Or they could use a “replacement cost” approach where they calculate the land value plus the cost of rebuilding the actual home.
Your Realtor’s pricing strategy for your home should align with your needs. If the market is hot and you have to sell quickly or you have specific requirements for the offer, such as a specific closing date, we typically recommend a lower price as it will generate more interest, more offers and cleaner offers that meet your terms. If the market is slow, or you have a unique property that could limit the pool of potential buyers, it may be best to price your home higher with room to negotiate; trying to set a price to spark a bidding war could be risky is these circumstances.
7. How do you, or your team, operate?
You want to know your Realtor is going to be there for you when you need them. It’s important to understand how communication will be handled, and who will be your primary contact. You want to know who will be showing your property and who is going to be handling the negotiations with buyers; you don’t want any surprises.
8. How much do you charge?
Commission fees are determined by your Realtor and they are negotiable. If a Realtor is hungry for a listing, they may reduce their fee. But top-performing Realtors typically don’t.
There are many different types of fee structures out there, from flat fee listing services to discount brokerages to full service brokerages. Whichever you choose, you should establish how much they charge, and how much of that goes to the buyer’s agent. Make sure the commission for the buyer’s agent is in line with the rates prevalent in your area.
9. What if I’m not happy with your service?
This question will help you determine a Realtor’s level of commitment to you and how strongly they believe in their ability to get you a good result.
If, for some reason, you’re unhappy with their service, you need to know if they’ll release you from the listing contract and how. There are two ways to terminate a listing: Cancellation vs. Unconditional Release. The former has restrictions that could affect your ability to move on; the latter releases you freely with no further obligation. Most listing contracts run for 3-4 months, but contracts for luxury properties can run up to 12 months.
10. What else do I need to know?
One of the questions to ask a Realtor when selling your home should be open-ended. That gives them a chance to highlight a unique service they might offer, like staging, or to speak to areas you might have overlooked. That extra little tidbit of information could be the tipping point to your decision.
Requesting references is one of the questions to ask a Realtor when selling your home that is sometimes overlooked. But keep in mind, if you are given references they’ll likely all be good. To get a more complete picture of your Realtor, do a little online research prior to your first meeting. See what properties they have recently sold, then ask for references from those clients specifically. If they have online and social media presence, see what people are saying about them, check their reviews and how they engage with others. See what they are doing to stay in front of buyers on a daily basis.
There’s no general rule for forging a great relationship with your Realtor. It’s all about personal preference and trust.
Your Realtor should be responsive to your needs; they should be patient when you need to take a little time, and proactive when you’re anxious. They should be a good listener who will offer advice and help find solutions.
The 790 sq. ft. unit is on the fourth floor of Adera’s award-winning Green development. When it was built in 2009, the project set new standards for energy efficiency and Green construction. In fact, it was the first multi-unit condo development in British Columbia to be tested under EnerGuide MURB (Multi-Unit Residential Building) protocols for energy efficiency that ensures condos are just as energy-efficient as new single-family detached homes.
It achieved EnerGuide and Power Smart Gold certification with the installation of ENERGY STAR rated appliances in every unit, motion sensor controlled lighting fixtures in the underground parking garage and a solar-powered hot water pre-heater that reduces the amount of energy required to heat municipal water, as well as other innovations.
Green’s sensitivity to the environment also extends to its surroundings. The development is tucked next to more than 100 acres of parkland, and landscaped with natural features like courtyards, waterfalls and ponds. It’s close to SkyTrain, Taylor Park elementary school, and shopping at Market Crossing.
The unit itself features engineered hardwood flooring, granite countertops and an efficient layout with two large bedrooms.
Property: #202 3939 Hastings St., Burnaby List Price: $398,000 List Date: March 13, 2017
Imagine a 2 bedroom, 2 bathroom North Burnaby condo in a great location for less than $400,000! No way, you say. Not in this market! But Burnaby Realtors James Garbutt and Denny Dumas have just listed one at 202-3939 Hastings St.
This 780 sq. ft. unit is located in The Sienna, smack dab in the middle of the coveted Heights neighbourhood. Restaurants, coffee shops, bakeries, butchers, groceries and transit are right at your doorstep!
The open concept layout of this North Burnaby condo makes it feel much larger than its 780 sq. ft. The large kitchen features tons of storage. The huge patio is partially covered so you’ll be able to barbecue all year. And the bedrooms are on opposite sides of the suite, so you can enjoy your “me” time. Or you can use the second bedroom as a home office.
The unit comes with a newer in-suite washer and dryer as well as one parking spot. Downtown Vancouver and North Vancouver are about a 10-minute drive away.
Listed at $398,000, this North Burnaby condo is a great opportunity for a first-time buyer!
We’re going to be showing it for the first time on Thursday, March 16, 6-7 p.m., and at an Open House on Sunday, March 19 2:30-4:30 p.m. See you there!