Archive for May, 2010

Point Grey Lots for Sale in Vancouver

Thursday, May 27th, 2010

Point Grey lots for sale

Point Grey lots for sale

Just listed on BestHomesBC.com are these rarely available building lots in Point Grey – Vancouver’s most sought-after location with fantastic water, mountain, and city views.

They comprise three exclusive building lots in Point Grey on Belmont Avenue overlooking Spanish Banks, minutes to Jericho Beach, Royal Yacht Club, downtown, and UBC.

4883 Belmont Avenue:
The biggest and best lot left in this prestigious area stretches to NW Marine Drive with 150 foot frontage and 791 foot depth just waiting for you to build your dream palace! Quiet, prestigious Point Grey address rarely available. Occupying 125,322 sq.ft., it could be sold separately for $13.8 million.

4889, 4899 Belmont Avenue:
Side-by-side properties nestled together to build two dream homes with total 300 foot frontage for your family! A total lot size of 93,193 sq.ft. Rare, quiet, prestigious Point Grey addresses.

Please follow this link, Point Grey Vancouver lots for sale, to view the property’s details and to contact the Realtor, Bryan Yan of Regent Park Realty, directly.

Rossland property for sale – revenue generating Triplex in the heart of Rossland

Thursday, May 27th, 2010

Rossland property for sale

Rossland property for sale

Just listed on BestHomesBC.com is a Triplex in the heart of Rossland that offers three recently and tastefully renovated 1-bedroom units with two being furnished. In addition there is a 1500 sq.ft. basement/workshop fully unfinished ready for your creative ideas or ready to rent as is!

Don’t miss this unique opportunity at an affordable price!

Rossland is BC’s best kept secret! A small community in the Kootenays with a great big heart and a whole lot of nature. If you are a sports enthusiast this is where you will want to be! Some of the best skiing minutes away at Red Mountain Resort, mountain biking at your doorstep and golfing galore. Come to Rossland for a breath of fresh air and you will for sure want to return!

In Rossland you will find some of the lowest real estate values of any ski town: Home prices range from $155,000 for a fixer upper to $900,000 for a house with acreage and subdivision potential, and $320,000 for a newly built ski-in/out condo at the base of the Ski Hill. Prices have been stable here with a solid economy derived from tourism and from the many businesses in Trail.

Please follow this link, Rossland property for sale, to view the property’s details and to contact the Realtor, Marie-Claude Germain of Lifestyle Properties, directly.

Pre-Sale Assignment in Downtown Vancouver

Wednesday, May 19th, 2010

Downtown Vancouver assignment

Downtown Vancouver assignment

Just listed on AssignmentsCanada.ca is this 1-Bedroom, 1-Bathroom plus Den assignment condo on the 29th floor.

Fabulous location at Homer and Robson in the heart of Vancouver’s downtown district, this condo assignment is scheduled for completion at the end of May 2010.

Opposite Library Square and conveniently close to all the shops, restaurants and entertainment that this district enjoys.

These are stylish yet truly functional homes with European craftsmanship and truly fine materials like solid granite countertops, wood cabinetry and stainless steel appliances. An extra bonus is the sumptuous kitchens complete with ultra-modern appliances from Sub-Zero, Liebherr and AEG.

Please contact the Realtor for more precise information regarding this development.

Please follow this link, Downtown Vancouver Assignment, to view the property’s details and to contact the Realtor, Fioretta Wilinofsky of Sutton Group West Coast Realty, directly.

Rossland property for sale – 3-Bedroom Home on Idyllic 101 Acres

Tuesday, May 18th, 2010

Rossland property for sale

Rossland property for sale

Just listed on BestHomesBC.com is your very own Rossland valley retreat located on a beautiful 101 acre property with 2 creeks and includes a unique custom built home.

With recreation on your doorstep and just 6 km away from Rossland town with Red Mountain and Red Stone Golf Course minutes away.

This property is very private, mainly treed, with 20 acres of fenced pasture. The tastefully renovated home features a great sunny room with a large window wall. The custom designed kitchen is handcrafted from local exotic woods. Enjoy the highly efficient freestanding Tulikivi soapstone fireplace, three spacious bedrooms, master bedroom with luxurious ensuite.

Enjoy the wooden deck with hot tub, sundeck with greenhouse, wood shed, storage buildings, barn, stable, chicken coop and a landscaped yard with your own waterfall!

This is an incredible package and must be seen to be appreciated.

Please follow this link, Rossland property for sale, to view the property’s details and to contact the Realtor, Marie-Claude Germain of Lifestyle Properties, directly.

US Internet Ad Revenues hit highest level on record

Tuesday, May 18th, 2010

Interesting stats as ad revenue rockets.

7.5% Year-Over-Year Increase a Bright Spot in Marketing & Advertising Media

Internet advertising revenues in the U.S. hit $5.9 billion for the first quarter of 2010, representing a 7.5 per cent increase over the same period in 2009, according to the numbers released on May 14th by the Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers (PwC). This marks the highest first-quarter revenue level ever for the industry.

“The year-over-year growth we are seeing reflects marketers’ confidence in the value and effectiveness of interactive advertising,” said Randall Rothenberg, President and CEO of the IAB. “The Internet, together with explosive technological innovation in devices and platforms, has transformed consumers’ lives, giving them access to entertainment and information however, whenever, and wherever they want it. That’s why the vibrant interactive advertising and marketing industry lends major fuel to the U.S. economy.”

“We are seeing continued signs of an improved economy and interactive advertising market,” said David Silverman, PwC Assurance partner. “The media industry – like the economy as a whole – saw tremendous challenges this past year, and uncertainty about the recovery remains. However, entering 2010 with such strong Q1 revenues is a sign of the health and vitality of online media, and of marketers’ continuing investment in interactive as a cornerstone of their advertising campaigns.”

Source: IAB/USA, 13 May 2010

Vancouverites see value in buying a condo

Friday, May 14th, 2010
Vancouverites see value in buying a condo

Vancouverites see value in buying a condo

by Brian Morton, Vancouver Sun

If you’re a young adult looking for a condo, it might be best to approach your parents and just ask for one.

That’s one of the findings of TD Canada Trust’s Condo Poll, which shows Vancouverites not only see condos as a source of long-term income, but that 13 per cent — tied with Montreal for the highest in the country — would consider buying one for their adult children either to own or use.

“The number-one point [in this survey] is that Vancouverites believe condos provide good, affordable accommodation,” said Barry Rathburn, B.C. mobile mortgage specialist for TD Canada Trust, in an interview Wednesday. “It’s also interesting that 47 per cent of Vancouverites would invest in a condo, [mainly] for rental income. That’s the highest in the country.”

The high number of Vancouverites who would buy a condo for their children speaks to the fact that a lot of people in Vancouver have an urban lifestyle “that includes condo living,” Rathburn said.

A large number of parents now help their kids buy their first homes, perhaps with a down payment, so he said he wasn’t surprised by the survey findings.

“A certain segment would buy a condo in a major city so [their children] can attend a university. Afterwards, they could rent it out or sell it.”

According to the poll, Vancouverites continue to see the value in buying a condo, either for their own home or for their children.

The most common reason Vancouverites gave for buying a condo is affordability, with 45 per cent of residents citing that reason, compared to 24 per cent nationwide.

The two other top reasons were less maintenance (21 per cent) and wanting to downsize from a house (15 per cent).

However, respondents in Vancouver were also the most likely in the country to say that if they had more money, they would buy a house over a condo (53 per cent).

As well, Vancouverites are the most likely to consider raising a family in a condo (42 per cent versus 36 per cent nationally).

Rathburn said he’s seeing an increasing number of so-called snowbirds and other travellers who buy a condo for the summer and spend winter elsewhere.

The survey found that 66 per cent of Vancouverites would spend no more than $400,000 for a two-bedroom condo, although Vancouverites are also the most willing to pay more than $400,000 (31 per cent versus 15 per cent nationally). However, just eight per cent of Vancouver residents would pay more than $400 a month in condo fees.

The condo poll was conducted from April 14-20 in five large Canadian urban centres, with about 200 interviews in each centre.

Could Euro crisis spark new sales rush?

Tuesday, May 11th, 2010

London homes

London homes

by Stephen Harris of Overseas Property Professional.

Fears over Europe’s economy are set to make property cheaper for foreign buyers if the euro keeps sliding, with some firms hoping for a surge in sales.

A Euro 750 billion deal announced this week to halt the debt crisis affecting the eurozone has been greeted with scepticism by currency traders and fund managers. And stockmarkets in Asia and Europe have fallen as initial enthusiasm for the bailout wears off.

The UK’s slow progress in forming a government after its election last week has also shaken the pound but brokers believe sterling is still likely to rise against the euro later this year.

“The euro is overvalued at current levels and we will tend to see it move back to its long-term average against the pound and the dollar,” said Jeremy Cook, chief economist at World First currency broker.

“The Eurozone has a very inflexible system and another shock from somewhere like Spain or Greece is still a possibility. We could see the pound reaching €1.21 or €1.22 in the next three months.”

Magic number
Agents and brokers have claimed many UK buyers are waiting for the pound to rise above €1.20 before they spend their money abroad.

“We’ve already seen interest in buying property start to increase,” said Cook. “Some people have been putting off buying for a year – they have the finance and are all ready to go but want to get the best rate they can.”

But others in the market are sceptical this will make a real difference. “The same people are still looking for excuses – they’re waiting for something but they’re not sure what,” said Martin Sadler of UK-based agent Assetz.

Mark Bodega of currency broker HiFX said the investment aspect is secondary for most of the firm’s property clients. “There will always be those clients who will be holding off for a better rate but exchange rates are not driving buying decisions,” he said.

Fund Investment
Institutions and funds are also looking to take advantage of a weak euro, according to Oliver Georg, managing director of Behringer Harvard Europe.

“We’ve seen increased interest from North America as any US-denominated fund investing in property in Europe can get a substantial discount at the moment,” he said.

Downtown Vancouver Assignment – 2-Bedroom Condo + Den in Prime Corner Suite on Robson/Ho

Monday, May 10th, 2010

Downtown Vancouver assignment on Robson/Homer

Downtown Vancouver assignment on Robson/Homer

Just listed on AssignmentsCanada.ca is this 2-Bedroom, 2-Bathroom plus Den prime corner view suite with an ideal private floor plan.

Fabulous location at Homer and Robson in the heart of Vancouver’s downtown district, this condo assignment is scheduled for completion at the end of May 2010.

Opposite Library Square and conveniently close to all the shops, restaurants and entertainment that this district enjoys.

These are stylish yet truly functional homes with European craftsmanship and truly fine materials like solid granite countertops, wood cabinetry and stainless steel appliances. An extra bonus is the sumptuous kitchens complete with ultra-modern appliances from Sub-Zero, Liebherr and AEG.

Please contact the Realtor for more precise information regarding this development.

Please follow this link, Downtown Vancouver Assignment, to view the property’s details and to contact the Realtor, Fioretta Wilinofsky of Sutton Group West Coast Realty, directly.

Mount Pleasant Vancouver property for sale

Monday, May 10th, 2010

Mount Pleasant Vancouver property for sale

Mount Pleasant Vancouver property for sale

Just listed on BestHomesBC.com is this solid 4-level character house in Vancouver’s desirable Mount Pleasant which is ready to make you some money!

Four legal suites each with reliable long term tenants bring in approximately $55,000/year.

Terrific location offers a quiet street and the convenience of transit, restaurants and easy access to Broadway, Main Street and Commercial Drive.

From the back of the building there are stunning city and mountain views and a private yard.

Vancouver is moving eastward – this is a cash flow property that has potential to make even more money.

Please follow this link, Mount Pleasant Vancouver property for sale, to view the property’s details and to contact the Realtor, Antoine Mandy of Macdonald Realty, directly.

Canadian Rockies – Golden pub for sale

Monday, May 10th, 2010

Canadian Rockies - Golden pub for sale

Canadian Rockies - Golden pub for sale

Just listed on BestHomesBC.com is this amazing opportunity to run your own rural pub with a nice 2-bedroom apartment to live in and be your own boss!

The building is located on 2 acres just minutes from Town and has been established for the past 23 years or more.

Housed in the beautiful Blaeberry Valley, just 10 minutes away from Golden, the Moberly Mountaineer Pub serves a concise menu of reasonably priced drinks and sumptuous bar style food, which works out great if you’re on a budget. The competitive pricing and hearty portions have patrons coming back for more, time and again and the Pub has built itself a steady stream of regulars which consist of both locals and out-of-towners.

It is famous for its Thursday “Wing Night” when locals and friends gather to indulge in tasty “WINGS” washed down with a good pint!

The entry features some antiques, new doors with security and tiled floors. In summer the attractive flower baskets offer a friendly invitation to patrons. Overlooking a year round creek the deck is a popular place in the summer.

New flooring in the Health approved kitchen makes it easy to keep clean and hygienic.

Good financial information is available to serious buyers.

Golden is situated in the Canadian Rockies mid-way between Revelstoke and Banff. It is home to Kicking Horse Mountain Resort which features the fourth highest vertical drop in North America. There are numerous outdoor adventure activities to be enjoyed in the surrounding countryside.

There are two international airports – Calgary International Airport to the east, and the Canadian Rockies International Airport in Cranbrook to the south – within 3 hours drive of Golden.

Please follow this link, Canadian Rockies Golden pub for sale, to view the property’s details and to contact the Realtor, Julia Cundliffe of Century 21 Golden Realty Ltd, directly.


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