Weekend guide for Coquitlam, Port Coquitlam and Port Moody.

 

 
 

Friday, March 2

YOUNG SINGERS
The annual CDMF Performing Arts Festival concludes this weekend with the vocal competition, held at the Trinity United Church (2211 Prairie Ave., Port Coquitlam): today and Saturday until 5 p.m., and Sunday from 1:30 to 5 p.m. Winners have a chance to earn a spot at the honours concert on April 8 and, possibly, the provincials. Admission is free; however, donations are accepted for entry. Visit cdmffestival.ca.

 
 

TROY, GABRIELLA
Gareth Magel plays Troy Bolton and Christine Joy Orcullo is Gabriella Montez in the Archbishop Carney regional secondary school production of High School Musical, taking place tonight and Saturday at the Terry Fox Theatre (1260 Riverwood Gate, Port Coquitlam). Email tickets@acrss.org for seats at $15 each.

SHOW ADDED
Riverside secondary gives the SD43 premiere of RENT: School Edition — with direction by Nicole Roberge, Glenda Ottens and Krista Wallace — at the Port Coquitlam school (2215 Reeve St.) tonight and Saturday at 7:30 p.m. Tickets to the musical are $12/$10 at the door. Call 604-941-6053 or visit brownpapertickets.com.

GREAT BIG SEA
Great Big Sea founder Séan McCann plays a solo concert at the Evergreen Cultural Centre (1205 Pinetree Way, Coquitlam) at 8 p.m. Some extra tickets were released by the venue this week. Call the box office at 604-927-6555 or visit evergreenculturalcentre.ca.
 

 

Saturday, March 3

TREASURE TROVE
Volunteers with the Eagle Ridge Hospital Auxiliary mark the fifth year of its thrift store (2811B Shaughnessy St., Port Coquitlam) with a customer appreciation sale and celebration. The store is open today from 10 a.m. to 4 p.m. Call 604-469-3338.

NEW ART
The Art Gallery at Evergreen (1205 Pinetree Way, Coquitlam) opens a new ceramics installation by artist Gailan Ngan titled Chronicles. The display runs until April 22. The gallery is open Wednesday to Saturday from noon to 5 p.m., and Sunday from noon to 4 p.m. Visit evergreenculturalcentre.ca.

STRUM IT
Ukulele instructor Patrice from Paliatsky Music Lessons is at the Terry Fox Library (2470 Mary Hill Rd., Port Coquitlam) to teach beginners how to play the instrument, in a four-week course that starts today at 2 p.m. Admission is free; however, registration is required. Visit fvrl.ca.

SET HER FREE
A fundraiser for the Talitha Koum Society, a charity empowering women with addictions, the annual Set Her Free gala takes place at the All Saints Parish Hall (1405 Como Lake Ave., Coquitlam) with a dinner starting at 7:15 p.m. The event, sponsored by The Tri-City News, Harmony Properties, Beedie and Vancity, includes a silent auction and entertainment. Tickets are $60 per person (tax receipt provided). Visit talithakoumsociety.org.

SWINGIN’ WITH REMI
Montreal jazz saxophonist Rémi Bolduc and his band will be at the Evergreen Cultural Centre (1205 Pinetree Way, Coquitlam) to make up for their cancelled Feb. 3 performance, playing a tribute to the late Canadian pianist and composer Oscar Peterson in an 8 p.m. show titled Swingin’ with Oscar. Tickets are between $15 and $29 for the concert, which is part of Evergreen’s TD Music Series. Call 604-927-6555 or visit evergreenculturalcentre.ca.

JUST DANCE
The Hot Salsa Dance Zone leads another weekly party in the rehearsal hall at the Evergreen Cultural Centre (1205 Pinetree Way, Coquitlam) with a merengue lesson at 8 p.m. Instructor and DJ Alberto Gonzalez lights up the dance floor with salsa and Latin tunes from 9 p.m. to 12:30 a.m. Admission is $10 at the door or visit hotsalsadancezone.com.

 

Sunday, March 4

FRESH FOOD
Tour the Port Moody recreation complex (300 Ioco Rd.) between 10 a.m. and 2 p.m. as Metro Vancouver vendors sell their produce and wares at the Port Moody Winter Farmers Market. Visit makebakegrow.com.

FASHION SHOW
Dress up in your vintage fashion faux pas for a show at 2 p.m. with Ivan Sayers, a benefit for the Port Moody Heritage Society. The renowned Vancouver fashion historian will host his fun fashion-bloopers event called I Can’t Believe She Wore That! featuring disaster outfits from 1900 to 2000. First and second prizes will be awarded to the worst dressed in the audience, at Inlet Theatre (100 Newport Dr., Port Moody). Tickets at $28 include refreshments ($3 discount if paid with cash or cheque), available at the Port Moody Station Museum (2734 Murray St.). Call 604-939-1648 or visit portmoodymuseum.org.

Read full post

I have listed a new property at 12 BUCKHORN PL in Port Moody.
STUNNING, renovated family home located on quiet cul-de-sac in Heritage Mountain! Fully accessible home with elevator to all 3 levels. Enter upon spacious & bright formal living room with French doors opening up to deck. Step up into formal dining room. Beautiful, spacious kitchen with granite countertops, centre island, gas stove, extra large Thermador fridge & dark wood cabinets. Bright & open family room opens into backyard. Den can be used as office. Upstairs are 3 bedrooms, including master bedroom & 5 piece ensuite with accessible, walk-in jetted bathtub, shower, double vanity. Downstairs rec room has wet bar, full bathroom & 2 additional rooms. Newer roof. Close to all levels of schooling, public bus stop & trails.
Read full post

I have listed a new property at 13907 229B ST in Maple Ridge.
Enjoy stunning sunset views from the tranquility of your private deck in beautiful Silver Valley! Stunning, beautifully-maintained 4 bedroom 4 bathroom home. Entertain friends in the open-concept layout, featuring spacious living room with beautiful rock fireplace and gourmet kitchen, with wide centre island, granite countertops & stainless steel appliances. Den off of great room can be used as office. Upstairs features spacious master bedroom, with a huge walk-in closet and 5-pc ensuite. Up a couple more steps are the other bedrooms. Basement includes media room (projector & screen included), kitchen with new S/S appliances & granite countertops, plus one bedroom & one bathroom with its own separate entry and private patio.
Read full post

I have sold a property at 217 3098 GUILDFORD WAY in Coquitlam.
ATTENTION DOWNSIZERS 55 YEARS AND BETTER! Enjoy retirement living at the Marlborough House in south-facing 2 bedroom unit in North Coquitlam! Enjoy a wide variety of amenities without leaving your doorstep, including pub room, lounge, library, exercise room, workshop, pool & spa. Features guest suite in building. Convenient location - close to Lafarge Lake, shopping, recreation, public library and public transportation. Spacious and bright kitchen and living room with gas fireplace. Wide plank vinyl flooring was replaced in 2016. Newer washer and dryer. Private unit features a MASSIVE, nearly 600 sq/ft patio and faces quiet green space underneath. OPEN HOUSE Saturday, January 6th from 2:00pm to 4:00pm.
Read full post

I have sold a property at 11 GREENBRIAR PL in Port Moody.
Well-maintained 5,200+ sq ft home on Heritage Mountain with beautiful view of the Burrard Inlet! Features 2 bedroom legal walk-out suite. Enter into formal living room with vaulted ceiling and separate dining room. Gourmet kitchen includes stainless steel appliances, commercial-grade stove, Corian countertops & Italian-imported tiles. Bright family room opens onto large balcony with stunning views. Large laundry and office complete main floor. Upstairs features LARGE master bedroom with spacious walk-in closet and 6-piece ensuite including jetted bathtub, huge shower and his and her sinks. 2 bedrooms, games room and 2 bathrooms complete upstairs. Basement features rec room, 2 bedroom legal suite plus additional 1 bedroom. Open House: Sun, Jan 14th, 2:00-4:00 PM.
Read full post

"I don’t feel we’ve done all we can to make that lower,” says Mayor Mike Clay

 

 
 

Port Moody residents may want to prepare themselves for a hefty property tax bill this summer.

Taxes are currently set to go up by 4.6 per cent, and with two more deliberations on the city’s five-year financial plan yet to come, the city’s finance committee is struggling to lessen the hit.

 
 

“We’ve got a very high number as a tax increase this year, and I don’t feel we’ve done all we can to make that lower,” Mayor Mike Clay told last Tuesday’s meeting of the committee.

 

But acting city manager Paul Rockwood said any further paring of the budget would mean cutting services or eliminating some new positions, such as a fire prevention officer, that have already been approved. He said staff wages are the biggest driver of the tax increase, accounting for 2.83 per cent of the boost.

Coun. Zoe Royer said residents have become accustomed to a certain level of service from the city and cutting any services would be a tough sell.

“I think we have many pressures from a city that is on the verge of some significant growth,” Royer said. “I don’t know that we can aggressively cut this budget.”

Clay said economies need to be found.

“In an organization as big as this, if we said we need to shave one per cent off our budget, we could do it,” he said.

The proposed budget for 2018 also includes a .75% increase for the city’s police department as well as a 1% levy to fund the city’s master transportation plan.

Staff will now prepare the bylaws to implement the financial plan for further deliberations by the finance committee April 3 and 17 before they’re referred to council for first reading at its meeting on April 24.

Read full post

 

A sold sign is shown in front of west-end Toronto homes April 9, 2017.

OTTAWA — Foreign buyers make up a minuscule portion of the overall housing market in this country, new research shows, but what they own is more expensive and newer than the average Canadian homeowner.

 

And there are indications foreign buyers are moving out of the traditional bases of Toronto and Vancouver and into new cities.

Non-residents owned 3.4 per cent of all residential properties in Toronto and 4.8 per cent of residential properties in Vancouver, according to new housing statistics by Canada Mortgage and Housing Corp. and Statistics Canada.

 

Largely what foreign buyers scoop up are newer, more expensive homes. In Vancouver, non-resident owners, as they're known, had homes valued on average at $2.3 million compared to $1.6 million for the owners whose primary residence was in Canada.

 

Stepping into condo market


In Toronto, the average detached home owned by a non-resident was valued at $944,100 compared to $840,600 for residents, a difference of $103,500 or 12.3 per cent.

Foreign owners are stepping into the big-city condo market where, again, what they own is more expensive than the what residents own. In and around Toronto, the average assessed value for a condo owned by a non-resident was $420,500, compared to $385,900 for a resident. In Vancouver, the figures are $691,500 and $526,700, respectively.

 

CMHC says that overall, foreign buyers owned less than one per cent of the condo stock in 17 metropolitan areas across the country.

The figures mark the first time that CMHC and Statistics Canada have measured foreign ownership in the country's hot housing market to see how much influence foreign buyers have over skyrocketing prices.

The lack of growth in Toronto and Vancouver, combined with the increases in Montreal, indicate the possibility of a shift from these centres after the introduction of foreign buyers' taxes in Ontario and British Columbia.

Ontario and B.C. have rules in place to dampen foreign interest in buying properties as investments.

The data from CMHC suggests that the foreign buyer tax in both provinces has shifted foreign ownership to other parts of the country.

The CMHC survey found that downtown Montreal and the city's Nun's Island had the largest increases in the share of non-resident owners over the last year. On Nun's Island, the rate went from 4.3 per cent in 2016 to 7.6 per cent this year; on the island of Montreal, the rate went from 0.9 per cent to 1.5 per cent.

"The lack of growth in Toronto and Vancouver, combined with the increases in Montreal, indicate the possibility of a shift from these centres after the introduction of foreign buyers' taxes in Ontario and British Columbia,'' CMHC chief economist Bob Dugan said in a release accompanying the data.

 
 
 

"Other factors attracting demand to Montreal include lower housing prices and a relatively strong economy.''

The head of CMHC has publicly argued that foreign ownership is not the main driver for increasing housing prices. Evan Siddall has previously said that foreign ownership makes up less than five per cent of the housing market.

"Foreign ownership is a thing; it's not the thing,'' Siddall said in an interview earlier this year.

"The sources of demand that are pushing prices higher are many-fold and the sources of investment speculation...in the real estate part of our economy are many-fold and more domestic than foreign.''

Read full post

Metro Vancouver* home sales dipped below the long-term historical average in February.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,207 in February 2018, a nine per cent decrease from the 2,424 sales recorded in February 2017, and a 21.4 per cent increase compared to January 2018 when 1,818 homes sold.

Last month’s sales were 14.4 per cent below the 10-year February sales average. By property type, detached sales were down 39.4 per cent over the same period, attached sales were down 6.8 per cent, and apartment sales were 5.5 per cent above the 10-year February average.

“Rising interest rates and stricter mortgage requirements have reduced home buyers’ purchasing power, particularly for those at the entry level of our market,” Jill Oudil, REBGV president said. “Even still, the supply of apartment and townhome properties for sale today is unable to meet demand. On the other hand, our detached home market is beginning to enter buyers’ market territory.”

There were 4,223 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in February 2018. This represents a 15.2 per cent increase compared to the 3,666 homes listed in February 2017 and an 11.2 per cent increase compared to January 2018 when 3,796 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 7,822, a three per cent increase compared to February 2017 (7,594) and a 12.6 per cent increase compared to January 2018 (6,947).

“The spring is traditionally the busiest time for home buyers and sellers in our market. We’ll wait to see how they react to the taxes and other policy measures that our provincial and federal governments have introduced so far this year,” Oudil said. “To help you navigate these changes in today’s housing market, it’s important to work with your local REALTOR®.”

For all property types, the sales-to-active listings ratio for February 2018 is 28.2 per cent. By property type, the ratio is 13 per cent for detached homes, 37.6 per cent for townhomes, and 59.7 per cent for condominiums. 

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,071,800. This represents a 16.9 per cent increase over February 2017 and a 1.4 per cent increase compared to January 2018.

Sales of detached properties in February 2018 reached 621, a 16.6 per cent decrease from the 745 detached sales recorded in February 2017. The benchmark price for detached properties is $1,602,000. This represents an 8.2 per cent increase from February 2017 and is virtually unchanged from January 2018.

Sales of apartment properties reached 1,185 in February 2018, a 7.1 per cent decrease compared to the 1,275 sales in February 2017. The benchmark price of an apartment property is $682,800. This represents a 27.2 per cent increase from February 2017 and a 2.6 per cent increase compared to January 2018.

Attached property sales in February 2018 totalled 401, a 0.7 per cent decrease compared to the 404 sales in February 2017. The benchmark price of an attached unit is $819,200. This represents an 18.1 per cent increase from February 2017 and a 1.9 per cent increase compared to January 2018.

Read full post

I have sold a property at 659 SCHOOLHOUSE ST in Coquitlam.
Welcome to this completely renovated and inspected two story homes, great opportunity to invest now and build later. Improved structure with open layout concept offers, gourmet kitchen-Granite counter top, quality cabinet, S.S appliances New heating, plumbing, electrical, exterior, interior, flooring, baths, wood fireplace, fixtures/faucets, fine Landscaping, New Deck with permit. Basement also offers media room for the owner or opportunity to add potential two bedroom basement suite with separate entrance and make a great mortgage helper. Decorative wood block to line the driveway with enough space for RV & Boat with lane access. Close to Schools, Transit and Shopping, Poirier Leisure Complex and Park,. Open house Feb 10/11 from (2-4)
Read full post
Categories:   Albion, Maple Ridge Real Estate | Anmore, Port Moody Real Estate | Arbutus, Vancouver West Real Estate | Barber Street, Port Moody Real Estate | Belcarra, Port Moody Real Estate | Bolivar Heights, North Surrey Real Estate | Brentwood Park, Burnaby North Real Estate | Brookswood Langley, Langley Real Estate | Burke Mountain, Coquitlam Real Estate | Burnaby Hospital, Burnaby South Real Estate | Canyon Springs, Coquitlam Real Estate | Cape Horn, Coquitlam Real Estate | Capitol Hill BN, Burnaby North Real Estate | Central Coquitlam, Coquitlam Real Estate | Central Meadows, Pitt Meadows Real Estate | Central Park BS, Burnaby South Real Estate | Central Pt Coquitlam, Port Coquitlam Real Estate | Chilliwack W Young-Well, Chilliwack Real Estate | Chineside, Coquitlam Real Estate | Citadel PQ, Port Coquitlam Real Estate | Cloverdale BC, Cloverdale Real Estate | College Park PM, Port Moody Real Estate | Coquitlam East, Coquitlam Real Estate | Coquitlam West, Coquitlam Real Estate | Downtown NW, New Westminster Real Estate | Eagle Ridge CQ, Coquitlam Real Estate | East Central, Maple Ridge Real Estate | Elgin Chantrell, South Surrey White Rock Real Estate | Fairview VW, Vancouver West Real Estate | Forest Hills BN, Burnaby North Real Estate | Fraserview VE, Vancouver East Real Estate | Glenayre, Port Moody Real Estate | GlenBrooke North, New Westminster Real Estate | Glenwood PQ, Port Coquitlam Real Estate | Government Road, Burnaby North Real Estate | Grandview Surrey, South Surrey White Rock Real Estate | Guildford, North Surrey Real Estate | Harbour Place, Coquitlam Real Estate | Heritage Mountain, Port Moody Real Estate | Heritage Woods PM, Port Moody Real Estate | Holly, Ladner Real Estate | Kitsilano, Vancouver West Real Estate | Lincoln Park PQ, Port Coquitlam Real Estate | Lower Mary Hill, Port Coquitlam Real Estate | Maillardville, Coquitlam Real Estate | Mary Hill, Port Coquitlam Real Estate | Mid Meadows, Pitt Meadows Real Estate | Mission BC, Mission Real Estate | Mount Pleasant VE, Vancouver East Real Estate | Mountain Meadows, Port Moody Real Estate | New Horizons, Coquitlam Real Estate | North Coquitlam, Coquitlam Real Estate | North Shore Pt Moody, Port Moody Real Estate | Park Ridge Estates, Coquitlam Real Estate | Parkcrest, Burnaby North Real Estate | Port Moody Centre, Port Moody Real Estate | Quay, New Westminster Real Estate | Queensborough, New Westminster Real Estate | Ranch Park, Coquitlam Real Estate | River Springs, Coquitlam Real Estate | Riverwood, Port Coquitlam Real Estate | Sapperton, New Westminster Real Estate | Silver Valley, Maple Ridge Real Estate | Simon Fraser Univer., Burnaby North Real Estate | South Meadows, Pitt Meadows Real Estate | Southwest Maple Ridge, Maple Ridge Real Estate | Sperling-Duthie, Burnaby North Real Estate | Steveston Village, Richmond Real Estate | University VW, Vancouver West Real Estate | Upper Eagle Ridge, Coquitlam Real Estate | Uptown NW, New Westminster Real Estate | Vancouver East Real Estate | Vancouver Heights, Burnaby North Real Estate | Victoria VE, Vancouver East Real Estate | Websters Corners, Maple Ridge Real Estate | West Central, Maple Ridge Real Estate | West End VW, Vancouver West Real Estate | Westwood Plateau, Coquitlam Real Estate | Westwood Summit CQ, Coquitlam Real Estate | Whalley, North Surrey Real Estate | Willingdon Heights, Burnaby North Real Estate | Willoughby Heights, Langley Real Estate | Woodland Acres PQ, Port Coquitlam Real Estate
Blogs
Posts By Date
Categories
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.