Cory Raven | 604-220-9399

 
I have clients looking to buy a listing at 528 Beatty Street, Bowman Lofts, Vancouver
 
We have been given all the strata minutes, bylaws and financial statements for the building, BCS 2186
 
Due to Privacy issues, I am unable to post the minutes and strata forms on my public website, but I would be happy to send them to you if you require them.
 
Simply fire me off an email if you want these strata documents for the Bowman Lofts at 528 Beatty Street.
 
 
 
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This PDF (click here to look/download) will answer many of the questions that you haver about the coming HST. 
 
How much is the HST rebate? Who qualifies for the HST rebate? These and more questions answered here by Cory Raven, Vancouver Realtor.
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B.C. wants developers to help pay for a new roof or build a new stadium at BC Place.
 

B.C. wants developers to help pay for a new roof or build a new stadium at BC Place.

Photograph by: Peter Battistoni, Vancouver Sun files

VANCOUVER - Vancouver is opting for denser communities at the expense of open public spaces in its bid to become the world’s greenest city by 2020.
 
The latest plan — endorsed by city council this week — to transform the former Expo lands in northeast False Creek into a neighbourhood for 7,000 people sets aside just 14 acres of the 72-acre parcel for public spaces and amenities.
 
This translates to about 1.8 acres per every 1,000 residents, well below a “desired target” of 2.75 acres set by the Vancouver park board in the 1980s. Planners had based the target on an amount historically provided to residents in new developments.
 
But as the city grows, it continues to struggle to provide affordable housing.
 
The push for denser downtown neighbourhoods is an experiment in urban living that counts on people accepting fewer public spaces in exchange for other amenities and a greener lifestyle.
 
The False Creek project is the latest example in a series of developments, including Coal Harbour, the East Fraser Lands and southeast False Creek, that have fallen below the park board standards for open space.
 

For North False Creek to meet the target, the city would have to add another 19.8 acres for public space.

“When you actually look at it, we’ve never achieved the standard,” Vancouver senior planner Michael Gordon said. “The denser you get, the more challenging it is.”
 

A city report co-written by Gordon says that the “new civic plaza and hard surface recreational area under the viaduct do not deliver the typical neighbourhood park” but are considered amenities.

The report also states there’s a wide array of open spaces and parks nearby.
 
Mayor Gregor Robertson argues that while most people would like to see more open spaces, the city’s hands are tied because the land base downtown is so limited. But he noted that about 80 per cent of Vancouverites live 500 metres, or five minutes, away from a public park or green space.
 
“Dense is critical for being green in an urban setting,” Robertson said. “It’s great to have bigger park spaces and we have a couple in Stanley Park and Pacific Spirit Park and the beaches, but downtown we have to shoot for greener objectives that are more realistic.”
 
That includes more creative use of public spaces and using money from developers to ensure green spaces are provided in the city, even if there is no room in the specific neighbourhood.
 

He noted that besides being sustainable, the development would create hundreds of jobs in the region.

“It’s a matter of having people living close to their jobs and there’s a number of people wanting to live in Vancouver,” Gordon said.
 
The northeast False Creek development is expected to be similar to Georgia Street west of Bute toward Coal Harbour, Gordon said.
 
City Coun. Suzanne Anton argued that while densification will see more people choosing transit and consuming less, it shouldn’t mean they have fewer public spaces or amenities.
 

“There’s going to be a lot of people living in the area; there has to be a place for kids to take swimming lessons or skating lessons,” Anton said. “I’m worried about the lack of public facilities there.”

But Maureen Enser, of the Urban Development Institute, agreed that northeast False Creek is the ideal location for higher density because it’s within walking distance of Stanley Park and the seawall, and is close to transit.
 
“From a sustainability perspective, density should be in an area like this because you have all the amenities close by already,” Enser said. “The need to increase the [open space] numbers per person is not as dramatic as other areas.”
 
However, park board commissioner Ian Robertson says the city and the Vision majority on council are catering to the demands of developers and adding to a continuing decline of park space throughout Vancouver.
 

Ian Robertson noted that Concord Pacific’s original plan for the area in the 1990s would have met park board standards, but that city council has continued to add more density in the development.

“We’re constantly looking at all quadrants and regions in the city where we’re park-deficient,” he said. “Certainly this is good for the developer, but not necessarily for residents of this neighbourhood.”

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Property Photo: # 14 89 STAR CR  in New Westminster
I have listed a new property at # 14 89 STAR CR in New Westminster.
Waterfront living! Walk out your front door & stroll along the seawall for 1 min to reach the beach. Beautifully updated 3 bedroom townhome with attached garage. Spacious floorplan. Quiet, friendly community. perfectfor families or anyone looking to enjoy the waterfront way of life. Townhouses are rarely available in this development, act quickly! OPEN HOUSE SATURDAY NOVEMBER 21ST 2-4PM - COME ON BY!
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OTTAWA, Nov. 16 /CNW/ - According to The Canadian Real Estate Association, sales activity reached the highest level ever for the month of October.

Residential sales activity via the Multiple Listing Service(R) (MLS(R)) of Canadian real estate boards numbered 42,288 units. This is up 41.5 per cent compared to October 2008, when news of the global financial crisis hammered consumer confidence. New records for the month were reported in about one-fifth of local markets, including Toronto, Montreal, and Ottawa.
 
Seasonally adjusted national MLS(R) home sales totalled 45,818 units in October 2009. This is two per cent higher than the previous record set in May 2007, and 74 per cent above the recent low in January, when activity fell to the lowest level in a decade. New monthly records for activity were set in British Columbia, Ontario, and Quebec, which reflect record level activity in Greater Vancouver, Toronto, Ottawa, Montreal and Quebec City.
 
Since the beginning of 2009, some 401,124 homes have traded hands via the MLS(R) System. This is 1.6 per cent above the same period last year, but below levels for this period in each of the previous three years.
 

"Low interest rates and upbeat consumer confidence continue to release the pent-up demand that built late last year and earlier this year," said CREA President Dale Ripplinger. "The release of that pent-up demand has boosted national sales activity to new heights and is drawing down inventories."

The national MLS(R) residential average price also reached new heights in October 2009. At $341,079, the average sale price was up 20.7 per cent from the same month last year. The increase reflects the high degree to which the national average price was skewed downward last year by a significant decline in activity in Canada's priciest markets, and then upward by the rebound in activity.
 

The price trend is similar but less dramatic for the national MLS(R) weighted average price, which compensates for changes in provincial sales activity by taking into account provincial proportions of privately owned housing stock. It set a record in October, rising 14 per cent on a year-over-year basis.

October also saw the MLS(R) residential average price in Canada's major markets improve. At $373,095, the average sale price was up 22.1 per cent from the same month last year. As with the national counterpart, the price trend is similar but less dramatic for the major market MLS(R) weighted average price which rose 12 per cent on a year-over-year basis in October.
 
Seasonally adjusted new listings coming onto the MLS(R) Systems of real estate boards across Canada inched up on a month-over-month basis in October to 65,148 units. New listings peaked in May 2008 and declined sharply until March 2009. Since April 2009, new listings have held to within a range of 66,500 units, plus or minus 1,800 units.
 
The sharp rise in resale housing demand has increasingly shrunk inventories. There were 194,994 homes listed for sale on the MLS(R) Systems of real estate boards in Canada at the end of October 2009. This is 20.8 per cent below the peak reached in October of last year, and the sixth month in a row in which inventories are down from year-ago levels.
 
Nationally, there were 4.1 months of inventory in October 2009 on a seasonally adjusted basis, the lowest level in more than two years. The actual (not seasonally adjusted) number of months of inventory in October 2009 stood at 4.6 months, which is down slightly from the previous month (4.9 months), and among the lowest of levels this year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
 

"New listings are still expected to rise in the coming months in response to headline average price increases," said CREA Chief Economist Gregory Klump. "New supply dropped dramatically in December last year and earlier this year in response to a difficult pricing environment. Sellers who moved to the sidelines should be drawn back to the market as prices rise further over the rest of the year and in early 2010."

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Property Photo: 2245 154A ST  in Surrey
I have listed a new property at 2245 154A ST in Surrey.
Cape Cod South Surrey/White Rock, 1800 sqft beauty, 3 bedrooms, 2.5 baths. Located just a couple blks from Elementary school, Peninsula Shopping mall, 5 min drive to beach and close to highway access. This home is ideal, located in an established family neighborhood. Beautifully landscaped, large and private westerly facing backyard. Main floor has separate living and dining room, den, kitchen and laundry room. Upstairs is 3 spacious bedrooms with excellent storage in all the nooks and crannies the Cape Cod style home has to offer. Updates include roof, high efficiency fireplace, hotwater tank, paint, light fixtures and flooring.
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Please excuse the mess while I upgrade my website.  In the meantime, you may access all my blog posts by clicking here.
Please excuse the mess while I upgrade my website to provide you with even more timely and topical information on our market and the process of buying and selling.  In the meantime, you can access my blog by clicking here
Cory Raven
Telephone:604-220-9399
Cory Raven - Managing Broker
RE/MAX Select Realty
4806 Main Street
Vancouver, BC
V5V 3R8