North Shore Realty, Your Real Estate Navigator
Posted in: Roche Point, North Vancouver Real Estate
I have listed a new property at 408 3602 ALDERCREST DR in North Vancouver.
Truly WEST COAST! South-West facing 2 bed, 2 bath condo boasting open-floor plan w/ both water & mtn. views with spacious bedrooms separated from main living area. Beautiful, bright kitchen with quartz countertops, s/s appliances, gas range, separate pantry style closet & kitchen island with a breakfast bar. Master bed features spa-like ensuite bath w/ separate tub & shower; 2 sinks plus huge walk-through closet...
Posted in: College Park PM, Port Moody Real Estate
I have listed a new property at 206 121 SHORELINE CIR in Port Moody.
Amazing Burrard Inlet Ocean & Mtn views! Rarely found value in this 3 bedroom & den, 2 full bathroom corner suite, W 2 side by side secured underground parking just outside your door. Huge 400 square foot wrap around North and West balcony. Updates in 2016 with stainless appliances new paint and flooring. Natural gas fireplace included in maint fees, clubhouse & tennis courts round out the amenities. Bonus Laundry...
Posted in: Coal Harbour, Vancouver West Real Estate
I have listed a new property at TH18 1281 CORDOVA ST W in Vancouver.
WORLD CLASS Luxurious Coal Harbour Waterfront Townhome in one of Vancouver’s AWARD WINNING premier buildings by James Hancock. Outstanding 3 bed, 3 bath open floor plan with 4 patios including a PRIVATE ROOF TOP DECK & a private elevator to all floors, PRIVATE/GATED 2 car garage, with tons of storage and mud room! PRIVATE CORNER UNIT is full of natural light featuring floor-to-ceiling windows, custom gourmet kitchen...
I have listed a new property at 311 2020 CEDAR VILLAGE CRES in North Vancouver.
One of North Vancouver’s premier 55+ complexes comes with a bright community feel, friendship & camaraderie with great neighbors. A well-run strata with well thought out amenities, incl. Fireside lounge, games room, library & workshop, plus beautiful gardens with Bbq Patio! Top floor suite with 2 bedrooms and 2 full baths in 1000 square feet of well laid out space with ample storage. An open concept kitchen...
Posted in: Roche Point, North Vancouver Real Estate
I have listed a new property at 57 650 ROCHE POINT DR in North Vancouver.
Amazing value in Raven Woods. Prime Corner unit with 3 bedrooms w/ensuite and a double car garage. Bright unit with lots of natural light from high windows & skylights. Living room features dramatic high vaulted ceilings. Open functional updated kitchen & nice patio off of the living/dining rm in a tranquil setting. Additional features: Side garden, new Valor gas fireplace, updated bathrooms, new blinds, soaker...
I have listed a new property at 106 1950 CEDAR VILLAGE CRES in North Vancouver.
Great opportunity for first home families, 3 bedroom 2 full bath home in Mountain Estates where units do not often come available. Large family/rec room, and bedroom flex/utility rooms down. Living room onto an extra large semi private patio. A well run complex, quiet located close to Karen Magnussen Rec Centre, Lynn Valley mall, the Library, many parks and great schools. Family orientated with playground,...
I have listed a new property at 314 310 3 ST W in North Vancouver.
TOP FLOOR NORTH FACING UNIT in Lower Lonsdale in the heart of it ALL! Quiet and beautifully maintained one bedroom / one bathroom + a large storage/pantry that could be turned into a DEN/Office! Fantastic open floorplan w/ kitchen opening onto dining and spacious living room area with direct access to the PRIVATE & COVERED balcony. Strata fees include heat & hot water. Spacious and bright located on the quiet side...
I have listed a new property at 314 310 3RD ST W in North Vancouver.
Beautifully maintained LOWER LONSDALE condo in the heart of it ALL! One bedroom/one bathroom + large storage area that could be turned into a DEN! Fantastic open floorplan w/ kitchen opening onto dining and huge living room area with direct access to the PRIVATE & COVERED balcony. Strata fees include heat & hot water. Spacious and bright located on the quiet side of the building. Proactive Strata w/ new roof in 2016....
Posted in: Port Moody Centre, Port Moody Real Estate
I have listed a new property at 210 JAMES RD in Port Moody.
Fully renovated townhome in “Tall Tree Estates”, truly a family friendly hidden gem nestled in the trees with no thru traffic, but very central and walking distance to public transit, schools, shops, groceries, restaurants, cafés and some of the best local breweries. Recently updated stunning open concept kitchen stainless appliances granite countertops bathrooms hardwood flooring and much more. Best of all is its proximity...
I have listed a new property at 836 HENDECOURT RD in North Vancouver.
SOUTH-FACING 4 bed, 3 bath townhome (2,180 SF) for the active family or downsizers nestled on forest-like RARE 16 acres. MAIN has spacious kitchen; family room; dining room & cozy gas fireplace in living room w/ direct access to sun-filled patio w/ gas hook-up BBQ, patio partially covered w/ wood fire-pit & skylight; back door off kitchen direct to greenbelt. UPPER FLOOR: Master bed features spa-like ensuite w/...
I have listed a new property at 304 252 2ND ST W in North Vancouver.
Expansive Southerly Ocean & City views in this well cared for 2 bedroom top floor corner suite. Enjoy your morning coffee on the sunny and private East balcony and then relax after work enjoying the sunset on the South-facing balcony. Yes two Balconies! Renovated in 2011 to bright & open concept kitchen/living room and new bathroom, walk in closet and freshly painted. This building is rated an incredible 92 walk...
I have listed a new property at 349 4TH ST E in North Vancouver.
FINALLY the LOLO 1/2 duplex that you have been waiting for...excellent floor plan with 4 bdrms and 4 bthrms. South-facing Master bedroom w/ peek-a-boo city view and private deck to relax and drink your morning java. Modern living with all the bells and whistles featuring south-facing covered patio w/ automatic awning just off the family room to enjoy your summertime BBQ's. Spacious kitchen features granite countertops...
Posted in: Upper Lonsdale, North Vancouver Real Estate
I have listed a new property at 406 188 29 ST W in North Vancouver.
Gorgeous, bright, and spacious, TOP floor unit with vaulted ceilings featuring a skylight in the kitchen with gas stove. This 2 bedroom, 2 bathroom unit boasts 941 SF with open floor plan, large side-by-side insuite laundry room, and a cozy gas fireplace. Easy access to the deck from both the living room and Master Bedroom. Walking distance to Queensdale market and other shops. Includes 1 secured parking, 1 storage,...
I have listed a new property at 315 3205 MOUNTAIN HWY in North Vancouver.
Exciting opportunity to own this 1 bedroom + den in MILLHOUSE! Located in the heart of Lynn Valley Village with 2-5-10 year warranty, constructed Built Green Gold Level standards by MARCON homes. Built for wheelchair accessibility featuring premium stainless steel appliances, shaker cabinets, quartz countertops and European inspired bathrooms. Ceiling height of 9'. Pet friendly building w/ dog wash, 1 parking,...
I have listed a new property at 309 3191 MOUNTAIN HWY in North Vancouver.
Spacious and private 1,055 square feet located in central Lynn Valley Village area. Rare top floor CORNER unit 2 bedroom and 2 bathroom.Large 161 sf balcony. Perfect for families or downsizers. Bring your decorating ideas with you and transform the space to your design style you will love! Dogs and Cats allowed with restrictions. Open house Sunday, August 12 - noon to 1:45 pm or by appointment!
I have listed a new property at 90 1950 CEDAR VILLAGE CRES in North Vancouver.
Great opportunity for first home families, 3 bedroom 2 full bath home in Mountain Estates where units do not often come available. Large family/rec room, and two flex/utility rooms down. Living room onto a private patio, with a Natural Gas connection for your BBQ. A well run complex, quiet located close to Karen Magnussen Rec Centre, Lynn Valley mall, the Library, many parks and great schools. Family orientated...
I have listed a new property at 804 151 2ND ST W in North Vancouver.
Welcome to Sky high living. Bright, spacious & well laid out 1 bedroom & den condo in the solidly built concrete sky building. one of the most desirable in Lower Lonsdale, with a party room & ample visitor parking. Featuring floor to ceiling windows, hardwood floors, granite counters, high end appliances, covered balcony & large den. Pets & rentals welcome. One underground parking spot & storage locker included....
Posted in: Calverhall, North Vancouver Real Estate
I have listed a new property at 1104 ADDERLEY ST in North Vancouver.
This unique and spacious home is for those who want character, views, privacy & flexible space. Extensive renovations & a legal suite were added in 2006, all with permits. Double pane windows & roof were also added in 2006. The welcoming LR has fresh paint, a wood burning fireplace & beautiful HW oak floors. The kitchen/dining areas have just been painted & have french doors accessing the S. facing...
I have listed a new property at 836 HENDECOURT RD in North Vancouver.
"Laura Lynn" homes rarely come on the market in this one of a kind forested 16 acre setting. Nice & bright southwest exposure and with skylights in the covered deck portion and master bath. This well laid out unit has been altered to give it a single family feel. Three bedrooms three bathrooms, an office and a large sundeck for entertaining. A spa-like ensuite. Tennis courts swimming pool and log party meeting lodge....
I have listed a new property at 1207 1515 EASTERN AVE in North Vancouver.
Wake up to a view of Grouse Mountain with vistas North and East. This approx.1700 SF partially renovated two level penthouse is located in the heart of central Lonsdale. Spacious living on the main floor features an open floor plan with enormous dining & living areas, built in bar, half bath and large office, which could be converted to a bedroom. The second floor is the private area of the penthouse with 2...
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As most of you have heard, sales in the Vancouver real estate market have been down this year, the numbers vary from area to area. The strata market has been soft, while single family homes and building lots have been significantly better, again depending on the area.
The media types have been talking about a so called bubble, and a correction in the real estate market, as if there will be some dramatic shift in prices one day. I believe this is a misnomer. To the contrary, we’ve seen small corrections happening every day over the last few months to compensate for the smaller number of sales, as opposed to a sudden price drop. So in effect, the correction has already and is already happening on a daily basis. This doesn’t mean that it could not correct more, or less as time goes on. Some buyers believe that because of the slow market, they should automatically submit low ball offers assuming that home sellers should be desperately trying to sell and escape the market before this correction, however again this is wrong thinking, as there is a good chance that new home sellers entering the market have priced their home correctly, given the current circumstances.
I believe that because the interest rates have been so low for so long now, a lot of the new home buyers that could buy, did buy in the last couple of years, leaving a lack of new home buyers to drive the entry level market. There are however still a small number of new home buyers entering the market all of the time, and of course folks upsizing and downsizing, to continually add some buoyancy to our market.
Despite the market sales being lower this year, I’ve been very fortunate, so thank you friends, family, and valued clients!!
All the Best!
Who's Doing High Fives Now? SEPTEMBER/OCTOBER, 2007
If you think lenders make too much money, you are not alone........ However, it's very likely that you, the borrower, are an eager participant in all those profits. Billions of dollars are literally given away to the banks each year because of consumer pathy. Lenders know this and in fact they "bank" on it. What do we mean?
Well, a recent survey conducted by Canada Mortgage and Housing Corporation reveals that despite all the new mortgage products on the market, people looking to renew their mortgage will more often than not, revert back to their current lender. In fact, according to the report, 81% of them did. Does this make sense when the competition could be offering lower interest rates and better terms? It doesn't. There is some good news though. This same survey indicates that consumers are shopping around slightly more than they were in the past. People that were renewing their mortgage were faithful to their financial institution to the tune of 88% in 2000. By 2006 this dropped 7 percentage points.
This decline in lender loyalty was also very evident in repeat home buyers and people that refinanced their mortgage because of wanting extra cash to make home enovations or consolidate debt. In 2006 only 65% of these consumers went back to their current provider – well down from what it was in previous years. The only category that remained relatively stable was first-time home buyers.
57% of these buyers financed through their banking institution in 2000 and this remained almost constant - 58% in 2006. It would appear that first-time buyers are savvy and cautious when it comes to mortgage debt. Initially, they do their
research diligently when it comes to comparing lenders and what they can offer. However, these very same buyers that were so careful at the start, oon join the ranks of those that are "too busy" at mortgage renewal time to check out and compare lenders. Most people know that banking is a business. However, not all acknowledge that bank
employees are paid to look after the bank's best interests – not yours. In fact these employees have quotas to fill – big quotas! It is amazing that people will go to seminars sponsored by Lenders and expect to be told how to negotiate the best mortgage deal for themselves. Puh-leeze! That's like inviting a fox to the chicken coop to tell the chickens how to avoid getting eaten by him. It makes no sense whatsoever, yet that is exactly what people do. Even more remarkable is the fact that these potential customers believe they are getting sound and unbiased information and actually act on the
advice given by the fox. This can be a very costly mistake.
However, let us explore mortgage renewal in greater detail.
Mortgage funding is extremely competitive. Lenders spend an enormous amount of money just to get mortgage business in the first place and they certainly don't want to lose customers now or at any time in the future.
If homeowners would just take a few hours and shop around for several proposals from different lending institutions when their mortgage term is up, they might be pleasantly surprised about their findings. The chances are that they would quite possibly receive an offer from another Lender that is better in both interest rates and/or terms provided.
Lenders may even pay for all the set-up, transfer and legal fees when the mortgage business is transferred to them. Once a homeowner has different options in hand, the power to choose becomes theirs. They can accept this new favorable proposal or have their current lender match or better it. Odds are, your lender isn't going to be
willing to give up your business without a fight.
How much actual cash could be saved by keeping Lenders honest? Well, let's figure it out. A $300,000 mortgage calculated at 6% over a 25 year amortization period works out to monthly payments of $1,919.42. Conversely, at 5.5% and using the same criteria, the payments are $1,831.18. The difference is $88.24 per month. Now multiply that by 60 (five years of monthly payments) and you will see that by negotiating a better rate, rather than blindly accepting the first offer, you have saved $5,294.40. Really, with a little investigative effort, you could have put a stash of cash in your jeans or made a handsome contribution towards paying off your mortgage. Instead of the Lenders' CEO's counting profits and doing high fives around the boardroom table because of consumer apathy, you could be going on vacation. You may be trained to be loyal but hopefully, not tamed! Next time . . . shop around!