9 7488 SALISBURY AVENUE, Burnaby, BC

新上市!位於本拿比,獨一無二的溫馨1792平方呎Townhouse,座落於管理完善兼顧隱私的社區裡。位於新興的Highgate區。 歡迎來到這個舒適,居家,並且擁有大前院/後院的城市屋!4層樓,3臥室,2.5衛浴,加上一個完整的多功能活動房。位於頂樓的超大主臥室給您完整的隱私,套間衛浴,walk-in更衣間,和私人陽台。全新廚房台面,頂級廚房家電- Miele 洗衣/乾衣機,Miele洗碗機,Bosch電爐,F&P冰箱和瓦斯壁爐。中心地段,走路即可到Edmonds天車站,大眾運輸,和Highgate Mall。地下停車位緊鄰單位方便進出,電動閘門管制安全放心。5分鐘到Metrotown,公園,和學校。

預約看房:3/13 星期六 1-4PM, 3/14 星期日 1-4PM

3D預覽: https://my.matterport.com/show/?m=ojjP1tfaP4R

更多資訊和Floor Plan:https://www.seevirtual360.com/themes/50/flashTheme.aspx…

請聯絡: Mick Lo

Licensed Realtor & Rental Property Manager

Direct 604.430.2986

Email:RealtorMickLo@gmail.com

#burnabyrealestate#highgate#townhouse#vancouverrealestate#forsale#cozyhome

First Quarter Housing Forecast Update: BC Homes Sales Carry Momentum into 2020

 

The British Columbia Real Estate Association (BCREA) released its 2020 First Quarter Housing Forecast Update today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to increase 10.3 per cent to 85,290 units this year, after recording 77,349 residential sales in 2019. MLS® residential sales are forecast to increase 6.3 per cent to 90,700 units in 2021.

“The outlook for home sales in 2020 is considerably brighter than the past two years,” said Brendon Ogmundson, BCREA Chief Economist. “Momentum carried through from the end of 2019 to 2020 will put the housing market on more solid footing, aided by low interest rates and an improving economy.”

While demand is recovering, the supply of homes for sale has not managed to keep pace. New listings activity did not materially increase during the downturn in home sales, and total inventory did not accumulate to the same extent as in prior slowdowns. As a result, market conditions around the province are tightening and home prices will likely face upward pressure as demand continues to firm. In 2020, we expect the MLS® average price will rise 4.8 per cent to $734,000.

For more information, please contact Mick Lo at 604-430- 2986

Email: RealtorMickLo@gmail.com

Wechat: mlmlvan123

Line: mimivancouver

 

 

Assignment Opportunity in the SOLD OUT Lougheed Heights Tower 3 – 1 BDR + 1 Den

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Assignment Opportunity in SOLD OUT Lougheed Heights Tower 3 Mid-level 10+ Floor
*Great Investment opportunity yielding 4+% return*

Asking: $499,000
*Bonus: $7,000 Credit Upon Completion

1 Bed + 1 Den + 1 Bath / 592 Sq. Feet (D1 Plan)
Estimated Completion Spring 2020
More detail about development: https://blueskyproperties.ca/en/homes/lougheed-heights/

Includes 1 parking stall + 1 storage locker
1 Bedroom + 1 Den
1 Bathroom
Color Theme: Foster
24,000 sq ft Amenity Space
D1 Plan including:
– ExtenTABLE
– SleepTHEATRE
– 24″ Fridge
– 24″ Gas Cooktop
– 24″ Electric Oven
– Hood Fan
– 18″ Dishwasher

**PM or email me for more details and information package on this assignment of contract at Lougheed Heights Tower 3 (Marquee).

**EMAIL RealtorMickLo@gmail.com FOR PACKAGE or 604-430-2986 MORE INFOlhrenderingInkedfloorplan-fnPn_LI6084_b727cf10e_lougheed-heights-outdoor-pool-deck-800x450

2019 租屋市場火熱/2019 Metro Vancouver Rental market had a great year

Metro Vancouver rental market had a remarkable boom year

Rental housing in Metro Vancouver saw notable growth in 2019, amid cooling home ownership and falling property values.

Over the last year, property values in the city fell by as much as 15% in several cases. Meanwhile, the market’s rental segment is expected to have a vacancy rate of 1.1% by the end of 2019, per the CMHC’s last prediction in October (up by 1% from 2018).

Two-bedroom average rent rates are also forecast to settle at around $1,715 (from $1,649 in 2018).

“It’s a combination of issues that need to get fixed — not just in Vancouver but a lot of other [surrounding] municipalities,” LandlordBC chief executive David Hutniak told CBC News.

A spokesperson for CMHC reiterated that it is still “confident” in those predictions. These levels will place Metro Vancouver among the regions with the nation’s lowest vacancy rates and highest rents.

However, the market’s current pace of rental development is not nearly enough to address its long-running housing affordability crisis, according to Canadian Centre for Policy Alternatives senior economist Marc Lee.

Last month, Lee argued that while construction activity in the market is by no means slow, a “severe mismatch” exists between what is being developed and what is actually in short supply.

“We’ve had a major building boom in recent years,” Lee told CBC News at the time. “But for some reason, we’re not building the type of housing that we actually need to address the crisis.”

“We need to think a lot bigger,” he added. “Generally, we find that we need about 5,000 new rental units per year just to stay level — so just to tread water, but not really to dig in and address the crisis.”

“We need another 5,000 units per year to address the backlog.”

需要找租客或專人管理?

執照專業出租物業管理服務,請致電604-430-2986 / 微信:MLMLVAN123 / LINE: MIMIVANCOUVER 找羅先生

Licensed Rental Property Manager – Call Mick Lo at 604-430-2986

 

Home sales decline below long-term averages in 2019 despite increased demand to end the year

The Metro Vancouver housing market experienced below average sales activity and moderate price declines in 2019.

The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment homes reached 25,351 in 2019, a three per cent increase from the 24,619 sales recorded in 2018, and a 29.6 per cent decrease over the 35,993 residential sales in 2017.

Last year’s sales total was 20.3 per cent below the region’s 10-year sales average.

“We didn’t see typical seasonal patterns in 2019. Home buyer demand was quieter in the normally busy spring season and it picked up in the second half of the year,” Ashley Smith, REBGV president said. “In terms of home values, prices dipped between two and four per cent across the region last year depending on property type.”

Home listings on the Multiple Listing Service® (MLS®) in Metro Vancouver reached 51,918 in 2019. This is a 3.2 per cent decrease compared to the 53,614 homes listed in 2018 and a five per cent decrease compared to the 54,655 homes listed in 2017.Last year’s listings total was 7.6 per cent below the 10-year average.

“Home buyer confidence was a factor throughout the year. In the first quarter, many prospective buyers were in a holding pattern, waiting to see how prices would react to the mortgage stress test, new taxes, and other policy changes,” Smith said. “Confidence started to return in the summer, and we saw above average sales in the final quarter of 2019.”

The MLS® HPI composite benchmark price for all residential properties in Metro Vancouver ends the year at $1,001,000. This is a 3.1 per cent decrease compared to December 2018.

The benchmark price of apartments decreased 2.7 per cent in the region last year. Townhomes decreased 2.4 per cent and detached homes decreased four per cent.

For more information please contact Mick Lo at 604-430-2986 / RealtorMickLo@gmail.com/WeChat: mlmlvan123 / Line: mimivancouver

 

*OPEN HOUSE* 309 7428 BYRNEPARK WALK Burnaby August 25th, 2:00-4:00pm

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*Open House*

Sunday August 25TH, 2:00-4:00PM

309 7428 BYRNEPARK WALK BURNABY,

Luxurious and spacious 637sf 1 bedroom+ den condo w/ huge covered balcony overlooking quiet courtyard, high ceilings throughout, and gleaming laminate floors in living area. Den with glass French doors can be used as office or reading room.

309 7428 Byrnepark Walk Burnaby Listing Info

For more information please contact Mick Lo at 604-430-2986

 

*OPEN HOUSE* 309 7428 BYRNEPARK WALK Burnaby August 18th, 2:00-4:00pm

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*New Price!*

Sunday August 18TH, 2:00-4:00PM

309 7428 BYRNEPARK WALK BURNABY,

Luxurious and spacious 637sf 1 bedroom+ den condo w/ huge covered balcony overlooking quiet courtyard, high ceilings throughout, and gleaming laminate floors in living area. Den with glass French doors can be used as office or reading room.

309 7428 Byrnepark Walk Burnaby Listing Info

For more information please contact Mick Lo at 604-430-2986

 

 

309 7428 BYRNEPARK WALK Burnaby Open House July 6th, 2:30-4:00pm

*First Public Open House!*

This Saturday July 6th, 2:30-4:00pm

309 7428 BYRNEPARK WALK Burnaby,

Luxurious and spacious 637sf 1 bedroom+ den condo w/ huge covered balcony overlooking quiet courtyard, high ceilings throughout, and gleaming laminate floors in living area. Den with glass French doors can be used as office or reading room.

http://bcres.paragonrels.com/publink/default.aspx?GUID=b1fb5b7e-e9ee-4dee-98e1-bd2db6d2b183&Report=Yes

For more information please contact Mick Lo at 604-430-2986

 

#309 7428 BYRNEPARK WALK Burnaby

The magnificent “Green” – Situated in quiet Southpoint neighbourhood in South Slope. Luxurious and spacious 637sf 1 bedroom+ den condo w/ huge covered balcony overlooking quiet courtyard, high ceilings throughout, and gleaming laminate floors in living area. Foyer opens up to kitchen area, hallway to laundry closet, and bathroom with matte dark grey large format tiled floors. Open and rectangular living dining room has electric fireplace and access to balcony. Gourmet kitchen features black granite countertop, 3 sides of white beech veneer cabinets, serving counter, and stainless steel appliances. Den with glass French doors can be used as office or reading room. 4 pcs bathroom comes with granite countertop, above counter sink, polished chrome plumbing fixtures, white beech veneer vanity, and tub and shower.

Speculation Tax/Vacancy Home Tax

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*Important information regarding Speculation Tax/Vacancy Home Tax – Deadline 3/31/2019*

The speculation and vacancy tax is a key measure in tackling the housing crisis in major urban centres in British Columbia, where home prices and rents have skyrocketed out of reach for many British Columbians.

The provincial government is taking action because people who live and work in B.C. deserve an affordable place to call home.

The speculation and vacancy tax is a part of government’s 30-Point Plan to make housing more affordable for people in our province.

This new annual tax is designed to:

  • Target foreign and domestic speculators who own residences in B.C. but don’t pay taxes here
  • Turn empty homes into good housing for people
  • Raise revenue that will directly support affordable housing

All owners of residential property in the designated taxable regions of B.C. must complete an annual declaration. Over 99% of British Columbians are estimated to be exempt from the tax.

How to Exempt Yourself

To claim your exemption, you must register your property by March 31, 2019 – and it’s easy to do, either by phone or online. The information you’ll need to register your property declaration will be mailed by mid-February to all owners of residential property within the taxable regions.

Contact us if you’re expecting a declaration letter from us and haven’t received one by late February.

Please note that if your property has more than one owner, even if the other owner is your spouse, a separate declaration must be made for each owner.

How the Tax Will Be Charged If You’re Not Exempt

The speculation and vacancy tax rate varies depending on the owner’s tax residency and whether the owner is a Canadian citizen or permanent resident of Canada, or a member of a satellite family.

By levying the highest tax rate on foreign owners and satellite families (those who earn a majority of income outside the province and pay little to no income tax in B.C.), the speculation and vacancy tax is a way to make sure these property owners are paying their fair share in taxes.

The speculation and vacancy tax applies based on ownership as of December 31 each year.

Note: The speculation and vacancy tax is distinct from the empty homes tax in the City of Vancouver.

Read our answers to questions on the speculation and vacancy tax and learn about how to declare, the taxable regions and the available exemptions.

Questions regarding tenant placement or having someone professionally manage your rental property?

Please contact 604-430-2986 / WeChat: MLMLVAN123 / LINE: MIMIVANCOUVER Mick Lo, Licensed Rental Property Manager