Vancouver Realtor Condos Yaletown & Downtown Luxury Real Estate : Latest Blog Posts

I was published in Maclean’s :)

Sat, 04 Feb 2012 19:56:34 GMT

The article is called “In a cooling housing market should you wait to buy hurry up to sell? Here’s the link to the full article: http://www2.macleans.ca/2012/02/03/in-a-cooling-housing-market-should-you-wait-to-buy-and-hurry-up-to-sell/

Vancouver luxury condo of the week, today’s location Coal Harbour. 1011 W. Cordova St. Fairmont Pacific Rim

Wed, 01 Feb 2012 22:00:30 GMT

Sub PH2 – 1011 W. Cordova, Fairmont Pacific Rim, Coal Harbour, Vancouver, Canada.

Stunning Fairmont Pacific Rim Sub-PH with sensational huge landscaped deck. Located on Coal Harbour waterfront above the 5 Star Fairmont Pacific Hotel this unique luxury residence has many sophisticated features including Corian millwork, white marble baths, chef's kitchen, extensive lighting, distributed music system, home theater & automation, & outdoor fire pits. A rare trophy property with views stretching from Stanley Park, Coal Harbour, the Five Sails and to Burrard Inlet that is perfect for entertaining. Includes 4 parking stalls & massive private storage room. Enjoy all the amenities of Fairmont Pacific Rim including Concierge Service, luxurious gym & spa, valet parking, room service, maid service, & BMW chauffer drivers.

Name of Building: Fairmont Pacific Rim

Bedrooms: 2

Bathrooms: 2.5

Age: 2

Grand total area: 3,358 sqft

Asking price: $11,288,000

Listing info courtesy of New Asian Realty Inc.

Vancouver luxury penthouse of the week, today’s location Coal Harbour. 1717 Bayshore Dr.

Fri, 27 Jan 2012 19:12:21 GMT

PH10- 1717 Bayshore Dr., Coal Harbour, Vancouver, British Columbia, V6G 3H3.

The Waterfront Penthouses at “Bayshore". Certain residences stand apart. Bayshore's penthouses offer the attributes of a home you prize so highly - 2 levels of abundant space, absolute privacy & extraordinary luxury. Some of the many wonderful features include entertainment-sized rooms with high ceilings, customized interior with your ultimate gourmet kitchen,family room, sumptuous ensuite bathrooms, plus 2 levels leading to spectacular private rooftop terraces. This stunning residence is set right on the waterfront & offers 1,500 sq ft of terraces with gas barbeque outlet, fire pit & more! All overlooking panoramic marina and Stanley Park views. As a resident, your amenities includes concierge service, health club, social rooms & more.

Name of Building: Bayshore Drive

Bedrooms: 3

Bathrooms: 4.5

Age: 12

Grand total area: 3,306 sqft

Asking price: $ 5,298,000

Listing info courtesy of Royal LePage Westside

Vancouver luxury mansion of the week, today’s location South Granville. 1333 W 54th Av.

Wed, 25 Jan 2012 20:22:03 GMT

1333 W 54th Av., South Granville, Vancouver, British Columbia, Canada, V6P 1N7

Greeted by a striking water fountain & beautiful landscaping. Main floor feat soaring 20' ceiling foyer /w domed skylight, marble & cherry wood flooring, stunning gold plated ceiling in powder room, den refined by full size cherry wood wainscoting, 2 elegant stairs & elevator. Large formal principal rooms, gourmet chef's kitchen & wok kit /w top brand appliances, adjoining eating area by large 20' height family room overlooking a park-like backyard. 4 ensuites up, den includes a spa-like master w/ gigantic walk-in closet. Versatile basement has 2-guest room, exercise room, swimming pool, steam & sauna room, new audio sys in theatre room, wine cellar, billiard room & cozy sitting area. House is furnished /w computerized home automation system.

Bedrooms: 8

Bathrooms: 7.5

Age: 7 years

Total finished floor area: 11,169 sqft

Total lot area: 20,762 sqft

Asking price: $12,360,000

Listing info courtesy of Royal Pacific Realty

I’m in the newspaper, again :)

Mon, 23 Jan 2012 19:33:30 GMT

Last Saturday one of my latest sales was published in the Globe and Mail, here’s the link to the full article:

http://www.theglobeandmail.com/life/home-and-garden/real-estate/done-deals/separate-wok-kitchen-seals-kitsilano-home-sale/article2309629/

Casa tipo Townhouse en Kitsilano, 3430 w 1st ave Casas, apartamentos y residencias Vancouver Canada (Video).

Fri, 20 Jan 2012 18:28:02 GMT

Precio: $ 1.099.800
Información completa: http://propertiesbymanny.com/mylistings.html/details-22138678
Gran ubicación, al norte de la 4ta avenida, a unos pasos de la playa, club nautico y de tenis. Techos altos, encimera de granito, electrodomésticos de acero inoxidable. Garaje privado. Vistas al mar, montaña y ciudad desde el patio de la azotea y dormitorio principal. El dormitorio principal cuenta con un balcón tipo Julieta.

豪华排屋位于 Kitsilano 3430 W 1st Ave, Vancouver Canada Luxury Townhomes 温哥华加拿大 (视频)

Fri, 20 Jan 2012 18:24:42 GMT

售价：$1,099,800
全部信息：http://propertiesbymanny.com/mylistings.html/details-22138678
第四届北，大的位置，步骤，沙滩，网球及在杰里科海滩的游艇俱乐部和第四大街的商店和餐厅。高高的天花板，花岗岩台面，不锈钢用具。担保车库，其余10年2月5日保修。令人惊叹的水，城山从屋顶甲板和主卧室。主卧室与朱丽叶阳台。

Luxury Townhouse in Kitsilano, Vancouver 3420 w 1st Ave. (Video)

Fri, 20 Jan 2012 18:16:36 GMT

Asking Price: $1,099,800
Full information: http://propertiesbymanny.com/mylistings.html/details-22138678

Great location, North of 4th, steps to beach, Tennis & Yacht Clubs at Jericho Beach & 4th Avenue shops & restaurants. High ceiling, granite countertops, stainless steel appliances. Secured garage, remainder of 2-5-10 warranty. Stunning water, city & mountain view from rooftop deck & master bedroom. Master bedroom comes with a Juliette Balcony.

Vancouver luxury estate of the week, today’s location Kitsilano, 3287 Point Grey Rd.

Tue, 17 Jan 2012 19:33:00 GMT

3287 Point Grey Road, Kitsilano, Vancouver, British Columbia, Canada, V6K 1B3

Premier Waterfront Address! Hidden behind a privacy hedge a 66 ft frontage of waterfront pedigreed property! Designed by Arthur Erickson, renovated 2008 Robert Ledingham, landscapes by Paul Sangha & received the AWM Award for Excellence!This flawless home is rich in textures, such as African mahogany, Berman glass, detailed walls, the finest in workmanship and quality! A grand foyer, classic & elegant principle rooms each with unparalleled VIEWS! Dream kitchen featuring every imaginable appliance and accessory! Breathtaking master w/ ensuite bath, steam shower & private entry to pools for your morning dip! Sensational use of light and gorgeous space combining both outdoor and indoor living. Pedigrees do not come better!

Bedrooms: 3

Bathrooms: 3.5

Age: 43 years

Total finished floor area: 5,608 sqft

Total lot area: 9,055 sqft

Asking price: $14,200,000

Listing info courtesy of Sutton West Coast Realty

Vancouver West Multimillion Dollar Homes ($3M and up), Year End Review for 2011.

Tue, 10 Jan 2012 18:18:27 GMT

Multimillion Dollar Homes ($3M and up).
$3 Million dollars and up in Vancouver West.
Year	2010
Total Sales	208
Average sqft	5,513
Average Asking Price	$ 4,610,873
Average Asking Price Per SQFT	$ 866
Average Selling Price	$ 4,265,730
Sale price Per SQFT	$ 812
Sale Price to List Price Ratio	94
Average Days On The Market	66

Multimillion Dollar Homes ($3M and up).
$3 Million dollars and up in Vancouver West.
Year	2011
Total Sales	390
Average sqft	4,725
Average Asking Price	$ 4,526,466
Average Asking Price Per SQFT	$ 979
Average Selling Price	$ 4,321,167
Sale price Per SQFT	$ 941
Sale Price to List Price Ratio	96
Average Days On The Market	41

What an amazing 2011 was for Luxury Homes in Vancouver West, we saw an increase in sales of about 87.5% or 182 properties compared to 2010. The average days on the market was way down from 66 to 41, but remember this is just an average, numbers tend to be tricky, as most of the sales were in the beginning of the year. Let’s see how 2012 turns out. So far it still very quiet, but that is seasonal, everyone is getting back to work after the holidays.

Vancouver West Multimillion Dollar Condos ($2M and up) Year End Review for 2011.

Tue, 10 Jan 2012 18:02:29 GMT

Multimillion Dollar Condos ($2M and up).
$2 Million dollars and up in Vancouver West.
Year	2010
Total Sales	103
Average sqft	2,591
Average Asking Price	$ 3,344,191
Average Asking Price Per SQFT	$ 1,333
Average Selling Price	$ 3,052,541
Sale price Per SQFT	$ 1,220
Sale Price to List Price Ratio	91
Average Days On The Market	80

Multimillion Dollar Condos ($2M and up).
$2 Million dollars and up in Vancouver West.
Year	2011
Total Sales	123
Average sqft	2,576
Average Asking Price	$ 3,509,387
Average Asking Price Per SQFT	$ 1,383
Average Selling Price	$ 3,237,903
Sale price Per SQFT	$ 1,288
Sale Price to List Price Ratio	93
Average Days On The Market	87

2011 was a good year for the Luxury Condos, it saw an increase in sales of 20% or 20 condos. The average days on the market was up by 7 days. What do you think will happen for 2012?

Real Estate Board of Greater Vancouver, December 2011 Housing Market Update and Year End Review (Video).

Tue, 10 Jan 2012 17:39:07 GMT

The Real Estate Board of Greater Vancouver Housing Market Year End Update for December 2011 with REBGV president Rosario Setticasi.
For more news and statistics visit us at http://www.rebgv.org
Follow us at http://www.facebook.com/REBGV andhttp://www.twitter.com/REBGV

5 Most Expensive Luxury Condos in Downtown Vancouver, Sold in 2011.

Wed, 04 Jan 2012 22:09:58 GMT

*Displayed price was the actual "asking price" and may not be the actual price for which the property sold. Condos are located in the " Downtown Vancouver" area, including "Coal Harbour" and "Yaletown".

Pictures courtesy of www.MLS.ca

For more pictures of each property, just click on the name:

1- 4101-1077 W. Cordova St., 7 bed, 7 bath, $15,500,000.

2- 3801-1199 Marinaside Cr., 3 bed, 7 bath, $7,980,000.

3- 2301-1328 Marinaside Cr., 4 bed, 6 bath, $7,800,000.

4- 2601-1000 Beach Av., 4 bed, 6 bath, $7,500,000.

5- 2601-1139 W. Crodova St., 3 bed, 4 bath, $6,500,000.

5 Most Expensive Homes Sold in 2011 in Vancouver West, Canada.

Wed, 04 Jan 2012 21:21:54 GMT

*Displayed price was the actual "asking price" and may not be the actual price for which the property sold. Homes are located in the "Vancouver West" area.

Pictures courtesy of www.MLS.ca

For more pictures of each property, just click on the name:

1- 4826 Drummond Dr. 7 bed, 8 bath, $19,900,900.

2- 4791 Belmont Av. 6 bed, 8 bath, $19,800,000.

3- 3233 Celtic Av. 8 bed, 8 bath, $16,800,000.

4- 1488 Laurier Av. 6 bed, 8 bath, $15,870,000.

5- 4728 Drummond Dr. 9 bed, 8 bath, $13,880,000.

Vancouver West Multimillion Dollar Homes ($3M and up), December 2011 Stats.

Tue, 03 Jan 2012 19:26:10 GMT

Multimillion Dollar Homes ($3M and up).
$3 Million dollars and up in Vancouver West.
November	2011
Total Sales	7
Average sqft	5,752
Average Asking Price	$ 7,072,000
Average Asking Price Per SQFT	$ 1,295
Average Selling Price	$ 5,827,531
Sale price Per SQFT	$ 1,077
Sale Price to List Price Ratio	86
Average Days On The Market	130

As I predicted last month, sales were down by about half, from 15 we only had 7 sales.

Note something very special, the Average Days on the Market is way up to 130, that number is really high, during 2011 the lowest number was 22 days, and on average it was 45. That high number means that buyers have a lot of leverage when buying a luxury property.

For January, most likely we will see the sales triple, but most likely February will be the best month of 2012 and homes with land will be more favourable than condos.

Vancouver West Multimillion Dollar Condos ($2M and up) December 2011 Stats.

Tue, 03 Jan 2012 19:14:41 GMT

Multimillion Dollar Condos ($2M and up).
$2 Million dollars and up in Vancouver West.
December	2011
Total Sales	3
Average sqft	3,297
Average Asking Price	$ 5,088,666
Average Asking Price Per SQFT	$ 1,511
Average Selling Price	$ 4,783,333
Sale price Per SQFT	$ 1,424
Sale Price to List Price Ratio	94
Average Days On The Market	83

Well, as I wrote last month, sales for both condos and homes were way down, but for condos 2 of the 3 sales were very hard to sale units, congratulations to the Realtors that completed those sales.

January will see an increase in sales, most likely there will be 6 or 7 luxury condos that will exchange owner.

Vancouver luxury condo of the week, today’s location Downtown Vancouver.

Tue, 20 Dec 2011 20:35:16 GMT

4502-667 Howe St., Downtown Vancouver, British Columbia, Canada, V6C 0B5.

The Private Residences at Hotel Georgia - Vancouver's finest luxury hotel residence - legacy and landmark. The historic jazz age hotel and modern signature skyscraper create a beautifully blended juxtaposition of old and new. Residents will enjoy an elegant home with remarkable finishes, suite features, floor plans and views. Privileged hotel services and amenities provided by the lovingly restored Hotel Georgia and managed by Rosewood Hotels is only part of this unique living experience. Live the life in the true heart of downtown Vancouver - step into the business district, explore the luxury shopping boutiques, enjoy Vancouver's finest restaurants or walk to theatre and music events and art galleries. Live the Legend.

Name of Building: Private Residences Hotel Georgia

Bedrooms: 4

Bathrooms: 4.5

Age: new, to be completed early 2012

Grand total area: 3,499 sqft

Asking price: $7,759,000

Listing info courtesy of Delta Realty Services Ltd.

The book “Investing in Condominiums” makes a great holiday gift, written by Brian Persaud and Randy Ramadhin.

Tue, 20 Dec 2011 19:07:08 GMT

If you don’t know what to give to that special someone that loves real estate or investing, let me suggest you a book called “Investing in Condominiums”. By Brian Persaud and Randy Ramadhin. It is currently the number one seller under the Real Estate category in Amazon. The book contains lots of tips and what to watch for when buying a condo in Canada, it is useful for either the investor or the end user.

PS- I have a small participation as @yaletownliving

Vancouver luxury home of the week, today’s location Arbutus.

Wed, 14 Dec 2011 21:18:20 GMT

2954 W 23rd Av., Arbutus, Vancouver, British Columbia, V6L 1P5.

Custom built luxury home by one of Westside's premier home builders "TRASOLNI CHETNER". This 5 year old home boasts many special features including radiant in floor heat, domed ceilings, natural wood stained windows, extensive home automation, light control system and full security. Terrific floor plan with a cross-hall living & dining areas as well as a spectacular gourmet kitchen & family room overlooking a private backyard, complete with sports court, playground, bbq and relaxing water fountain. 4 spacious bedrooms up including a master suite with a walk-in closet and an ensuite with a walk out balcony & private hot tub. Lower level is ideal for nanny or guests with full gym or media room. Great location.

Bedrooms: 5