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New property listed at 1566 BURRILL AVE in North Vancouver

I have listed a new property at 1566 BURRILL AVE in North Vancouver.
Nestled on a quiet cul-de-sac within walking distance of Lynn Valley Village, this exceptional family home offers a traditional layout with four bedrooms and two baths upstairs. The main floor boasts an open-plan kitchen with stainless steel appliances adjoining the family room, formal dining and living spaces. A flexible guest room or office w/full bathroom completes the level. Downstairs unveils a practical setup with large in-law suite currently renting for $2,950 per month. With a double garage and a fenced yard overlooking a lush greenbelt, this home offers both convenience and tranquility. Great schools, convenient transit, hike & biking out your front door! Don't let this opportunity slip away—schedule a viewing today to experience the epitome of family living.
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New property listed at 445 19TH ST E in North Vancouver

I have listed a new property at 445 19TH ST E in North Vancouver.
Nestled in the heart of Central Lonsdale, this charming property offers an unparalleled opportunity to create your dream home. Boasting three spacious bedrooms and three bathrooms, this residence spans across a generous lot of just over 7,300 square feet. With stunning water views visible from the second floor, the potential for this home is boundless, promising a lifestyle of comfort, convenience, and captivating vistas. With a bit of love and creativity, this could be the home you've always dreamed of. Don't miss out on this rare opportunity to make your mark in one of North Vancouver's most sought-after neighbourhoods. Act now!
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New property listed at 105 175 VICTORY SHIP WAY in North Vancouver

I have listed a new property at 105 175 VICTORY SHIP WAY in North Vancouver.
Waterfront living at Cascade West. This stunning suite offers 1,536 sq ft of living space and steps out to a huge private wraparound patio. The head-on city and water views are breathtaking from the front living areas that step out to the patio. The customized plan offers 10 ft ceilings (lots of glass), 3 full baths and 2 fully ensuited bedrooms including the impressive, oversize primary suite. Both bedrooms look out to the tranquil beach area. Other features include h/w floors throughout, large island in the kitchen, AC with heat pump and recently added man made hedge on the patio that provides great privacy while maintaining the incredible water and city views. There are 2 side by side parking stalls and a locker. Exceptional!
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Dan discusses why there is reason to pause and review what rate cuts actually mean.

LET’S ADDRESS THE ELEPHANT IN THE ROOM: INTEREST RATE CUTS

As buyers anxiously await the news of rate cuts to motivate their launch back into the market, there is reason to pause and review what that actually means.

I spoke with Nick Shlyakhov of the Mortgage Architects to ask how much of an effect a 0.25% rate cut has on a buyer’s monthly payments. He explained that with a variable mortgage, this drop will only lower monthly payments by about $15/month for every $100,000 borrowed. 

The table below shows what your monthly payments would be if your mortgage was $100,000, your term length was 5 years, and your amortization was over 25 years: 

RATE CUT

RATE

PAYMENT

Current Rate

6.30%

$657.75

0.25%

6.05%

$642.78

0.25%

5.80%

$627.97

0.25%

5.55%

$613.31

The important thing to consider is what happens to housing prices when the rates drop? The market will heat up - buyers will be vying for homes, initiating multiple offers, and properties will be selling over the asking price.

At the moment, housing prices have inched up 4.6% compared to last year. Sales have increased 9.6% and new listings have grown 20.3% as this optimism builds. 

The market is heating up. Contact us today to crunch the numbers before the change in rates and to get a jump on the market now.

It is going to be an active year. Contact me today to get started!

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New property listed at 965 DEVON RD in North Vancouver

I have listed a new property at 965 DEVON RD in North Vancouver.
Charming Forest Hills Rancher! Discover this adorable 3-bedroom, 2-bathroom rancher nestled in the heart of sought-after Forest Hills. Enjoy a bright south-facing backyard on an expansive 8,000 sq ft lot. Located just moments from Edgemont Village, enjoy easy access to all your daily essentials. Top-rated Handsworth and Canyon Heights schools are within reach. Nature enthusiasts will love the proximity to the stunning trails of Capilano Canyon and Grouse Mountain's slopes just a stone's throw away. Adventure awaits year-round! Embrace the vibrant community with many new luxury homes sprouting up. Bring your design and building ideas to transform this charming rancher into a shining jewel. Don't miss this rare opportunity to create your forever home in a prime location! Act now!
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