PIGOTT PROPERTIES GROUP

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604-862-4124 | dan@pigottproperties.com

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New property listed at 890 PORTEAU PL in North Vancouver

I have listed a new property at 890 PORTEAU PL in North Vancouver.
STUNNING CURB APPEAL WITH AN AWESOME FRONT PORCH! FAMILY FRIENDLY NORTH SHORE–PARKWAY VILLAGE DREAM HOME! Private corner home on one of the most sought-after Cul-de-Sacs in Roche Point. The southeast fenced backyard is perfect for kids, pets & entertaining with a Gazebo-covered wood patio & a gated entrance to the garage. Beautiful 3-level, 3 bed, 3 bath family home in fantastic condition with many substantial updates. Main floor features 14' ceilings, w/b fireplace, bay window, dining/living area & spacious kitchen with s/s appliances, granite countertops, new faucet, access to side-deck for bbq’s, dining nook, but best of all – it overlooks a lower-level flex family room to keep an eye on the kids! This level also includes, laundry, bathroom, crawl space for storage & mudroom for access to backyard. Upstairs enjoys 3 bedrms & 2 updated bathrms w/3 pc. ensuite in the primary. Steps to Garibaldi Park, schools, golf courses, ski hills, mountain biking, shopping…endless options at your doorstep.
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Please visit our Open House at 890 PORTEAU PL in North Vancouver. 
Open House on Saturday, September 23, 2023 2:00PM - 4:00PM
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Please visit our Open House at 1702 989 RICHARDS ST in Vancouver. 
Open House on Saturday, September 16, 2023 11:00AM - 1:00PM
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Please visit our Open House at 3808 MT SEYMOUR PKY in North Vancouver. 
Open House on Saturday, September 16, 2023 2:00PM - 4:00PM
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Please visit our Open House at 32 3597 MALSUM DR in North Vancouver. 
Open House on Saturday, September 16, 2023 2:00PM - 4:00PM
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Please visit our Open House at 32 3597 MALSUM DR in North Vancouver. 
Open House on Sunday, September 17, 2023 2:00PM - 4:00PM
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Please visit our Open House at 2157 HILL DR in North Vancouver. 
Open House on Saturday, September 16, 2023 11:00AM - 1:00PM
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Please visit our Open House at 1402 1255 MAIN ST in Vancouver. 
Open House on Saturday, September 16, 2023 11:00AM - 12:00PM
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Please visit our Open House at 878 CUMBERLAND CRES in North Vancouver. 
Open House on Saturday, September 16, 2023 2:00PM - 4:00PM
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September Update - Affordability in the Housing Market

Affordability in our real estate market has long been a top of mind issue, exacerbated now by the rise in rates. We have discussed the inventory shortage over the past several months and many have asked, “why not simply build more homes to solve the problem?” 

Not only does the shortage of developeable land and cost to acquire it pose major hurdles, a recent study by the Urban Development Institute in Vancouver shows that taxes and fees to develop can be prohibitive for many smaller developers. The report looked at the costs of an 800 sqft. condo in Vancouver in 2023 and contributing factors to the unit’s staggering average price of $1,120,000. Fees and taxes per unit were 29.25% of the imagined condo’s cost. Keep in mind these do not include the cost to build or for land acquisition. (Click here to see the report)

 While the Vancouver market is already wildly out of price for many, developers will always look at their bottom line, keeping their prices as high as the market will allow. The only way forward in this situation would be to flood the market forcing prices down, and while the expense to build is so high, this scenario seems an unlikely solution.

 Creative home-ownership may be a way forward. 

 Rising values have led to an increasing number of homeowners opting to become co-owners. This can take various forms, whether it be splitting a single family dwelling with friends, building a laneway house, or buying duplexes for extended families to live next door. Census data shows that multi-generational households are now the fastest growing household type in Canada. In cases where home-buyers cannot afford to purchase on their own, they are combining their buying power with their parents, children, siblings or friends. (Click here to read the Royal Lepage article)

 Interested in learning more about The Urban Development Institute report? 

Call us today for more info and market updates!

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New property listed at 1702 989 RICHARDS ST in Vancouver

I have listed a new property at 1702 989 RICHARDS ST in Vancouver.
PRIME INVESTMENT OPPORTUNITY! This 1-bed plus den, located at The Mondrian by Bosa, offers designer upgrades matching only the unparalleled lifestyle of this prime downtown location steps from Yaletown! The cozy living room features an upscale fireplace surround including custom built-ins, mantle, lighting and more. You will enjoy the bright western exposure of the balcony, perfect for BBQs and outdoor living. This modern plan flows through to a large kitchen w/granite counters, stainless appliances and gas stove. The bedroom offers ample storage and direct access to a large semi-ensuite. Need more room? A spacious den makes a perfect office or pantry. Stunning amenities include a huge gym, hot tub and boardroom. Includes secure parking and storage underground. Rental and pet friendly. Don’t miss this one-of-a-kind residence! Currently rented furnished m/m for $2,588.25.
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Please visit our Open House at 1702 989 RICHARDS ST in Vancouver. 
Open House on Saturday, September 9, 2023 2:00PM - 4:00PM
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Please visit our Open House at 614 555 28TH ST W in North Vancouver. 
Open House on Sunday, September 10, 2023 2:00PM - 4:00PM
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Please visit our Open House at 3808 MT SEYMOUR PKY in North Vancouver. 
Open House on Sunday, September 10, 2023 11:00AM - 1:00PM
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Please visit our Open House at 1402 1255 MAIN ST in Vancouver. 
Open House on Sunday, September 10, 2023 11:00AM - 1:00PM
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Please visit our Open House at 44 900 17TH ST W in North Vancouver. 
Open House on Saturday, September 9, 2023 2:00PM - 4:00PM
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Please visit our Open House at 32 3597 MALSUM DR in North Vancouver. 
Open House on Saturday, September 9, 2023 2:00PM - 4:00PM
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New property listed at 614 555 28TH ST W in North Vancouver

I have listed a new property at 614 555 28TH ST W in North Vancouver.
Top floor living with a townhouse feel! This gem offers the best of comfort and convenience. Step into the suite and explore the generous bedrooms with ample closet space. The Oak hardwood floors add a touch of elegance, while the wood-burning fireplace creates a cozy ambiance. Enjoy the South-facing outdoor deck off the dining room, offering total privacy with peaceful outlook out to year round greenery. Located in the sought-after Cedar Brooke Village, this beautiful property boasts a landscaped setting and a fantastic outdoor pool. Conveniently situated in North Van, it provides easy access to Westview shopping center, Delbrook Community Centre, transit & schools. With one covered parking space and one storage locker, this unit is a true treasure. Don't miss out on this incredible opportunity!
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Please visit our Open House at 614 555 28TH ST W in North Vancouver. 
Open House on Saturday, September 9, 2023 11:00AM - 1:00PM
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New property listed at 44 900 17TH ST W in North Vancouver

I have listed a new property at 44 900 17TH ST W in North Vancouver.
This exceptional 3-bed, 2-bath townhouse is a true gem. Immaculately maintained, the updated kitchen, bathrooms & new carpets add a modern lift. The property boasts stunning outdoor space perfect for those summer BBQ’s. Nestled in a serene locale, you’ll relish the tranquility & convenience this home offers. Just steps away from Mosquito Creek park & trails, it’s the launch pad for outdoor adventures. Nearby Marine Drive shopping ensures your retail needs are met. The current owners have cherished their time here, & now it’s your turn to create your own journey. Embrace the memories waiting to be made within these walls. This is not just a house; it’s a canvas for your family’s story. Seize the opportunity to call this haven your own & let your family’s legacy unfold.
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