I just finished uploading this Condo for sale, 1101 1367 ALBERNI STREET, Vancouver West, BCWelcome to ''The Lions" ! Perfect location and unbeatable value. Immerse yourself in downtown lifestyle with world class restaurants and great shops on Robson St. 743 sq ft, 2 bedrooms on opposite sides for privacy, 2 bathrooms and a solarium. Laminate floor in living room. Floor to ceiling windows to ensure plenty of sunlight. In-suite storage+ a locker+ one secured parking stall. Northwest facing with views of the city, Coal Harbor & the North Shore mountains. 24 hrs concierge. Fantastic building amenities with gym, clubhouse and guest suites. The perfect home for the most discerned home buyer or investor alike. Book your private viewings ...

I still read about people who think it makes sense to rent a Vancouver condo over buying. In the short term 1-2 years, it can make sense. There were saving advantages to renting 10 years ago when interest rates were at 8%. However, with our current ultra low interest rate environment where you can lock in a 3 year mortgage at 2.3% and Vancouver rental rates being at all time highs. It makes no sense at all to be renting for longer periods of time. In this video I will explain all the reasons why home ownership should be the first step for most people.

With record low interest rates I always stress to my young buying clients to always leave yourself a bit of a financial buffer when buying and taking out your first mortgage. If a bank says you can qualify for a $400K mortgage, you don’t always have to take all of it. Unexpected special levies for repairs can arise at any time so you want to have an emergency cash fund to cover them. Also, keep in mind that interest rates can only go up from here so start planning and saving for the eventual increase now.

Yes, Vancouver is expensive but I’m here to tell you that you don’t need to save a million dollars to buy your first home in Vancouver. Start with an older 1 bedroom and move up from there. In this video I’m going to give you a few creative ways that me and my clients have used to get our foot in the door and started climbing the Vancouver Real Estate ladder.Correction: You can currently lock in a 3 year fixed term mortgage for 2.45% not 3.45% as stated.

We are proud to announce that this Apr 16th, 2:00 PM to 4:00 PM we will be hosting an Open House at 7411 LEDWAY ROAD in the Granville neighborhood, Richmond. This is an opportunity to visit this excellent Duplex for sale in beautiful Granville.Please come with any questions you may have. In the meantime you can take a virtual tour of this Granville Duplex for sale.As always please do not hesitate to give me a call at 604 889-1118 if I can answer any questions before the open house, or if you would like to book a private showing.Owen BiglandMacdonald Westmar

In this video blog I’m going to discuss the effect Airbnb has had on the rental rates in downtown Vancouver. I have noticed in the last few months that Strata’s and their management companies are starting to change the strata bylaws to forbid short term furnished rentals on sites like Airbnb.

I just finished uploading this Duplex for sale, 7411 LEDWAY ROAD, Richmond, BCTWO LEVEL 1/2 DUPLEX. 3- BEDROOMS AND 1.5 BATHROOMS. MAIN FLOOR CONSISTS OF LIVING ROOM WITH cozy FIRE PLACE, KITCHEN WITH LARGE EATING AREA, HUGE FAMILY ROOM AND A 2- PIECE WASHROOM. THE UPPER LEVEL HAS 3 -BEDROOMS AND A FULL BATHROOM. SUNNY BACKYARD WITH LOTS OF SPACE FOR THE CHILDREN TO PLAY. LOCATED IN THE NICE GRANVILLE AREA CLOSE TO MCKAY ELEMENTARY SCHOOL. SHORT WALK TO SHOPPING AND TRANSIT. OPEN 2 - 4 P.M. SUNDAY APRIL 10,2016, ALSO 4 -6 PM. WEDNESDAY APRIL 13, 20I6.

The capitalization rate is the return you would receive on an investment property if you paid cash for it. It’s meant as a way to compare an investment in real estate vs some other type of investment, like a stock. It’s calculated by dividing the net operating income (rent you receive minus expenses such as taxes, maintenance fees and repairs) by the purchase price of the unit. The cap rates for Vancouver properties tend to be lower than many other N. American cities. However, a city like Vancouver makes up for it with superior price appreciation (Capital Gains) over time.

I just finished uploading this Condo for sale, 305 8840 NO 1 ROAD, Richmond, BCTOP FLOOR, Updated large 2 bedroom 2 bath in popular Apple Green! New carpet throughout living space, new paint, newer appliances, huge patio perfect for entertaining, lots of in-suite storage, plus an additional storage locker. Monthly maintenance includes, HEAT, HOT WATER and City Utilities. Apple Green boast fantastic recreation features, including an indoor pool and outdoor pool, party room, billiards, library and sauna. Seafair shopping centre, public transit, elementary schools (2 French Immersion) Hugh Boyd high school and community centre all at your doorstep! Minutes from Steveston Village. This is a MUST SEE opportunity for first time buyer's an ...

I just finished uploading this House for sale, 4051 AMUNDSEN PLACE, Richmond, BCHuge lot in desirable Quilchena area. This updated home has 3 bedrooms up and 2 bedrooms down with separate entrance. Kitchen on main nicely renovated with granite countertop, full height cabinetry, lighting fixtures, breakfast bar, S/S appliances. Great opportunity to live-in, investment or to build your dream home in the future. A must see to appreciate. Open house April 9/10 (Sat/Sun) 2-4pm.