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I have listed a new property at 7491 MCMATH RD in Richmond.
A rare find in the most prestigious Broadmoor location located on a quiet street with no through traffic. This executive family home is in pristine condition and it offers a huge open kitchen with eating area, formal living and dining room, family room, den and laundry room all on the main floor. 4 bdrms and spacious games room/media room up. The master offers a walk in closet and spa-like ensuite. Newer furnace, a/c in master, 2 gas f/p's, double car garage and very well maintained through the years. Gorgeous landscaped yard front and back. The backyard boasts a beautiful garden, maximum privacy and room for outdoor entertaining. Home is in immaculate condition with updates through the years. You cannot beat this desirable, central location. This home is a must see!
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I have sold a property at 203 11240 MELLIS DR in Richmond.
Spacious 2 bdrm., 2 bath corner unit boasting almost 1,200 sq. ft. with view of the North Shore mountains. Eating area in kitchen, 2 balconies and room to put your house sized furniture. With easy access to the airport, Vancouver and highway, the home is centrally located and minutes to shopping and entertainment. The exterior has been totally updated in 2007 with new windows, roof and rainscreen technology. Buy with confidence. No pets, no rentals and 19 years plus. Bring your decorating ideas and make this the home of your dreams.
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I have sold a property at 109 5800 ANDREWS RD in Richmond.
STEVESTON LIVING .... at it's best. This 1 bdrm. & den apt. in the Villas perfect for the 1st time buyer. The home boasts over 750 sq. ft. and offer a spacious living and dining room, large master and a den/office area. Gas fireplace, close to the elevator, secure parking and very well kept. French door leads to the private patio for your outdoor enjoyment. The complex has been rainscreened and extremely well managed. Steps to the river, recreation, entertainment, shopping and Steveston Village. Great opportunity here!
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I have listed a new property at 203 11240 MELLIS DR in Richmond.
Spacious 2 bdrm., 2 bath corner unit boasting almost 1,200 sq. ft. f with view of the North Shore mountains. Eating area in kitchen, 2 balconies, and room to put your house sized furniture. With easy access to the airport!ยท Vancouver and highway, the home is centrally located and minutes to shopping and 1 entertainment. The exterior has been totally updated in 2007 with new Windows, roof and rainscreen technology. Buy with confidence. No pets, no rental 1s and 19 years plus. Bring your decorating ideas and make this the home of your dreams.
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I have sold a property at 411 15988 26 AVE in Surrey.

Amazing Mountain Views! Very well maintained. 2 Bedroom,+ Large Den, 2 Full Bathrooms. Beautiful Top floor unit features 12 foot vaulted ceilings with an open concept floor plan. Granite counter tops, stainless steel appliances, Large windows, balcony, fireplace and insuite laundry. Amenities: An 8,000 sq ft clubhouse with a 20 foot ceiling. Gym, Party room, games room, theater, yoga studio, children's room, library, outdoor Pool & hot tub, huge children's playground. A prime location in the heart of South Surrey. Walking distance to many great restaurants + entertainmet, the coveted Morgan Crossing and Grandview Shopping Center, Southridge School and transit. Just minutes from White Rock Beach. 1 parking + 1 locker included

SOLD BY JANET DOWNEY, Macdonald Realty Westmar

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I have sold a property at 6019 5511 HOLLYBRIDGE WAY in Richmond.
ROOFTOP DECK....this apartment boasts an amazing ROOFTOP DECK that is over 1000 sq.ft & offers views of the Oval and North Shore mountains. ORA by ONNI is one of Richmond's most prestigious building with high end finishing both in the home and throughout the complex. The apartment is over 1,100 sq. ft., 2 bdrms, 2 baths, quartz countertops, s/s appliances, h/w floors, 2 parking and storage. Located minutes to the skyrain, Richmond Centre, the Oval, walks on the dyke, shopping ,entertainment and T&T Market is just downstairs. There is a 42,000 sq.ft. Wellness Centre with a fully equipped gym, indoor pool, hot tub, sauna, squash courts, party & music rooms and so much more. Great location and outstanding complex. It does not get any better.
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I have sold a property at 168 3031 WILLIAMS RD in Richmond.
Backing onto the DYKE in sought after EDGEWATER PARK. This 2 level T/H is situated in a quiet location with no thru road. The home is in immaculate condition. New paint throughout, new flooring, updates in kitchen and bathrooms. Ready to move in. 4 bdrms. up and boasts almost 1,500 sq. ft. Enjoy your morning coffee on your deck off the master and marvel at the views. The sunsets over the West Dyke are breathtaking as well. Western facing fenced yard. The complex is very well run and the maintenance fee includes the City water. Family & pet friendly neighbourhood with outdoor pool, clubhouse and play areas for the kids. A wonderful community to call home.
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I have sold a property at 8851 COOPER RD in Richmond.
SOUGHT AFTER neighbourhood and PRIME location. This home boasts a rare 11,731 sq. ft., west facing lot and the backyard is beautifully landscaped and offers maximum privacy. Bonus of a rancher in pristine condition, over 2,000 sq. ft., 4 bdrms., 2 full baths, livingroom, kitchen and huge entertainment sized family room ·with French doors leading to the patio and yard. Huge master bedroom with room for a sitting area and spacious adjoining ensuite. Gleaming h/w floors, tastefully updated thru the years, 2 gas f/p's & newer furnace. The home is in immaculate condition. Move in, rent out or build your custom dream home. Many new homes on the street. You cannot beat this location and lot size.
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I have sold a property at 90 6600 LUCAS RD in Richmond.

Prestigious Huntly Wynd. Peaceful, adult oriented (19+) community with 24 hour security at the front gate, beautifully landscaped grounds and clubhouse with indoor pool. This spacious home accommodates house sized furniture and was tastefully updated with hardwood flooring on main, new flooring in kitchen, newer paint, roller blinds window covering, washer, dryer, dishwasher and hot water tank. Dining room opens up to a large kitchen with eating area overlooking east exposed private patio with views of the stream and scenic pond with fountains. It also features 2 generous bedrooms and a den/family room on the 2nd floor plus a bonus bedroom/flex room above. Steps to park and Blundell shopping centre.

SOLD BY JANET DOWNEY, Macdonald Realty Westmar

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I have sold a property at 12071 HAYASHI CRT in Richmond.

Stunning 4 bedroom and den, 3 bathroom home in desirable Steveston location. Beautifully renovated with white shaker cabinets, granite countertops, open concept kitchen and hardwood floors. Private and peaceful backyard backing onto green space complete with stamped concrete patio and maintenance free synthetic turf. Minutes away from Steveston village, Homma/ McMath school catchment and public transit.. Public open house Sunday Feb 26th 1:00 - 3:00

SOLD BY JANET DOWNEY, Macdonald Realty Westmar

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While the reno boom appears to be on everywhere, it's especially hot in Toronto and Vancouver--two markets that also happen to have the hottest housing markets. "Tough competition for single family homes makes renovating an attractive option for current owners looking to upgrade, as well as for first-time buyers trying to get a foothold into these high-priced markets via fixer-uppers."

 

Warren says the renovation boom is likely to continue as low interest rates make it easier to improve one's home, which has proven to be a worthwhile investment in recent years. "A large share of home renovations are made by recent buyers and by sellers preparing to list," Warren said.

 

The fortune of the renovation sector appears to be intrinsically tied to the overall housing market. As long as sales and prices keep going up, owners are going to be more willing to spend on fixing up their houses.

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The Property Transfer Tax was first introduced in 1987 when the average sale price in Vancouver was $147,000. The Property Transfer Tax was 1% on the first 200K and 2% on the balance, payable by the buyer at time of completion. The logic was that the government was going to tax speculation and wealth because only 5% of the properties were selling over $200,000 in 1987. Times have changed!


Fast forward to the 2014 - 2015 fiscal year and the Government has collected $1.15 Billion dollars from the Property Transfer Tax. This revenue was up $937 Million from the 2013 - 2014 fiscal year and it is expected to grow in the 2015 - 2016 fiscal year that ends March 31, 2016.

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