I have sold a property at 111 LINDEN CRT in Port Moody. See details here
Welcome to this beautiful 5 BEDROOM open and bright home situated on a serene cul-de-sac. Enjoy the luxurious fully RENOVATED KITCHEN with plenty of large windows to allow natural light in every season. Upstairs you'll find 4 generous sized bedrooms with ENORMOUS PRIMARY that leads to a lovely fully renovated ENSUITE that will blow your mind. Come downstairs to a cozy family room, bright above ground bedroom and walk-out basement. Massive unfinished storage room, can easily be converted into a mortgage helper. Private backyard, fully fenced, ready to move in home. All this and close proximity to all levels of schools, and all Port Moody has to offer. OPEN HOUSE CANCELLED FOR SEPT 17
I have listed a new property at 1722 PADDOCK DR in Coquitlam. See details here
Tastefully renovated 6 bedroom home sitting on a massive lot that backs onto greenbelt. Nothing to do but move in! This upscale family home has room for everyone. Beautifully renovated kitchen; quartz counters, centre island, wall fridge & walk-in pantry with custom built-in shelving, microwave & beverage fridge. Adjacent living room w/gas F/P & 2 storey ceilings, bright dining room loverlooks the impressive rear yard. Up are 4 bedrooms including large primary bdrm with a luxurious ensuite; large trough sink, massive walk-in shower & lavish stand alone soaker tub. Lower floor has 2 extra bedrooms & full bath, large recreation room w/ 2 flex spaces for a play area & music or your ideas. New vinyl flooring throughout, new interior doors, fully fenced private backyard.
Open House on Saturday, September 23, 2023 2:00PM - 4:00PM
Tastefully renovated 6 bedroom home sitting on a massive lot that backs onto greenbelt. Nothing to do but move in! This upscale family home has room for everyone. Beautifully renovated kitchen; quartz counters, centre island, wall fridge & walk-in pantry with custom built-in shelving, microwave & beverage fridge. Adjacent living room w/gas F/P & 2 storey ceilings, bright dining room loverlooks the impressive rear yard. Up are 4 bedrooms including large primary bdrm with a luxurious ensuite; large trough sink, massive walk-in shower & lavish stand alone soaker tub. Lower floor has 2 extra bedrooms & full bath, large recreation room w/ 2 flex spaces for a play area & music or your ideas. New vinyl flooring throughout, new interior doors, fully fenced private backyard.
I have sold a property at 2705 651 NOOTKA WAY in Port Moody. See details here
2 bedroom, 2 bath CORNER VIEW suite in Sahalee at Klahanie. Only 4 units on your floor! Open kitchen with granite counters & SS appliances including gas range w/ microwave. Hardwood floors throughout the spacious living & dining area w/ cozy F/P & lots of windows. Sub penthouse with 9 foot ceilings & 2 decks with breathtaking inlet & mountain views that go on for miles! Resort-like amenities with the 15,000 sqft Canoe Club offering: outdoor pool, tennis court, gym, theatre, meeting room, 2 guest suites & so much morel Building also has its own gym & amenity room. 2 parking & oversized storage locker. Nature at your door with Rocky Point Waterfront Park across the street, walking trails, pier & morel Walk to Brewers Row, Suter Brook & Newport Village, Skytrain & WC Express.
Open House on Sunday, September 17, 2023 2:00PM - 4:00PM
Welcome to this beautiful 5 BEDROOM open and bright home situated on a serene cul-de-sac. Enjoy the luxurious fully RENOVATED KITCHEN with plenty of large windows to allow natural light in every season. Upstairs you'll find 4 generous sized bedrooms with ENORMOUS PRIMARY that leads to a lovely fully renovated ENSUITE that will blow your mind. Come downstairs to a cozy family room, bright above ground bedroom and walk-out basement. Massive unfinished storage room, can easily be converted into a mortgage helper. Private backyard, fully fenced, ready to move in home. All this and close proximity to all levels of schools, and all Port Moody has to offer.
Open House on Sunday, September 17, 2023 2:00PM - 4:00PM
Whistler inspired condo complex just steps from shopping, banking, restaurants & coffee shops! Welcome to the Montreaux. This bright corner unit has plenty of expansive windows & a private balcony to enjoy. Large living/dining rooms with a cozy gas fireplace. and access to the deck. Good sized kitchen with stainless steel appliances & extra room for a table or kids play area. Large primary bedroom has a walk-in closet & 4 piece ensuite, extra bedroom, bathroom & in-suite laundry. You'll love the outdoor pool on those hot summer days and the hot tub & exercise centre when it cools down. One parking and bonus of two lockers! Close to 2 golf courses, hiking trails, elementary school & Summit Middle school is right next door!
I have listed a new property at 111 LINDEN CRT in Port Moody. See details here
Welcome to this beautiful 5 BEDROOM open and bright home situated on a serene cul-de-sac. Enjoy the luxurious fully RENOVATED KITCHEN with plenty of large windows to allow natural light in every season. Upstairs you'll find 4 generous sized bedrooms with ENORMOUS PRIMARY that leads to a lovely fully renovated ENSUITE that will blow your mind. Come downstairs to a cozy family room, bright above ground bedroom and walk-out basement. Massive unfinished storage room, can easily be converted into a mortgage helper. Private backyard, fully fenced, ready to move in home. All this and close proximity to all levels of schools, and all Port Moody has to offer.
I have sold a property at 1716 PADDOCK DR in Coquitlam. See details here
Stunning house is the epitome of luxury & comfort. Situated on a spacious 13,347 sqft lot, this property offers an impeccably manicured yard that backs onto greenbelt. Step onto the top-of-the-line decking, where you can relax & entertain guests in style. Outdoor kitchen features granite countertops & comes complete with a built-in BBQ, fridge & heating. Beachcomber hot tub invites you to unwind & rejuvenate, relax by the gas F/P & soothing waterfall. The property also boasts a shed that matches the architecture of the home, use as a delightful playhouse for the kids. Inside the house, the kitchen is a chef's dream. Equipped with high-end appliances, it provides the perfect space for culinary creativity. Prepare gourmet meals & entertain guests with ease in this well-appointed space. The top floor of this home features three bedrooms, offering space for the whole family. Additional entertaining room on the lower floor w/ theatre/rec room that includes a wet bar & F/P. Bdrm & bath
Open House on Sunday, July 30, 2023 2:00PM - 4:00PM
Whistler inspired condo complex just steps from shopping, banking, restaurants & coffee shops! Welcome to the Montreaux. This bright corner unit has plenty of expansive windows & a private balcony to enjoy. Large living/dining rooms with a cozy gas fireplace. and access to the deck. Good sized kitchen with stainless steel appliances & extra room for a table or kids play area. Large primary bedroom has a walk-in closet & 4 piece ensuite, extra bedroom, bathroom & in-suite laundry. You'll love the outdoor pool on those hot summer days and the hot tub & exercise centre when it cools down. One parking and bonus of two lockers! Close to 2 golf courses, hiking trails, elementary school & Summit Middle school is right next door! Open House Sunday July 30, 2-4
I have listed a new property at 305 1438 PARKWAY BLVD in Coquitlam. See details here
Whistler inspired condo complex just steps from shopping, banking, restaurants & coffee shops! Welcome to the Montreaux. This bright corner unit has plenty of expansive windows & a private balcony to enjoy. Large living/dining rooms with a cozy gas fireplace. and access to the deck. Good sized kitchen with stainless steel appliances & extra room for a table or kids play area. Large primary bedroom has a walk-in closet & 4 piece ensuite, extra bedroom, bathroom & in-suite laundry. You'll love the outdoor pool on those hot summer days and the hot tub & exercise centre when it cools down. One parking and bonus of two lockers! Close to 2 golf courses, hiking trails, elementary school & Summit Middle school is right next door!
Open House on Sunday, July 23, 2023 12:00PM - 2:00PM
Stunning house is the epitome of luxury & comfort. Situated on a spacious 13,347 sqft lot, this property offers an impeccably manicured yard that backs onto greenbelt. Step onto the top-of-the-line decking, where you can relax & entertain guests in style. Outdoor kitchen features granite countertops & comes complete with a built-in BBQ, fridge & heating. Beachcomber hot tub invites you to unwind & rejuvenate, relax by the gas F/P & soothing waterfall. The property also boasts a shed that matches the architecture of the home, use as a delightful playhouse for the kids. Inside the house, the kitchen is a chef's dream. Equipped with high-end appliances, it provides the perfect space for culinary creativity. Prepare gourmet meals & entertain guests with ease in this well-appointed space. The top floor of this home features three bedrooms, offering space for the whole family. Additional entertaining room on the lower floor w/ theatre/rec room that includes a wet bar & F/P. Bdrm & bath Open Sunday July 23, 12-2 pm
I have listed a new property at 2705 651 NOOTKA WAY in Port Moody. See details here
2 bedroom, 2 bath CORNER VIEW suite in Sahalee at Klahanie. Only 4 units on your floor! Open kitchen with granite counters & SS appliances including gas range w/ microwave. Hardwood floors throughout the spacious living & dining area w/ cozy F/P & lots of windows. Sub penthouse with 9 foot ceilings & 2 decks with breathtaking inlet & mountain views that go on for miles! Resort-like amenities with the 15,000 sqft Canoe Club offering: outdoor pool, tennis court, gym, theatre, meeting room, 2 guest suites & so much morel Building also has its own gym & amenity room. 2 parking & oversized storage locker. Nature at your door with Rocky Point Waterfront Park across the street, walking trails, pier & morel Walk to Brewers Row, Suter Brook & Newport Village, Skytrain & WC Express. Open Sat, 2-4p
Open House on Saturday, July 22, 2023 2:00PM - 4:00PM
2 bedroom, 2 bath CORNER VIEW suite in Sahalee at Klahanie. Only 4 units on your floor! Open kitchen with granite counters & SS appliances including gas range w/ microwave. Hardwood floors throughout the spacious living & dining area w/ cozy F/P & lots of windows. Sub penthouse with 9 foot ceilings & 2 decks with breathtaking inlet & mountain views that go on for miles! Resort-like amenities with the 15,000 sqft Canoe Club offering: outdoor pool, tennis court, gym, theatre, meeting room, 2 guest suites & so much morel Building also has its own gym & amenity room. 2 parking & oversized storage locker. Nature at your door with Rocky Point Waterfront Park across the street, walking trails, pier & morel Walk to Brewers Row, Suter Brook & Newport Village, Skytrain & WC Express. Open Sat, 2-4p
I have listed a new property at 1716 PADDOCK DR in Coquitlam. See details here
Stunning house is the epitome of luxury & comfort. Situated on a spacious 13,347 sqft lot, this property offers an impeccably manicured yard that backs onto greenbelt. Step onto the top-of-the-line decking, where you can relax & entertain guests in style. Outdoor kitchen features granite countertops & comes complete with a built-in BBQ, fridge & heating. Beachcomber hot tub invites you to unwind & rejuvenate, relax by the gas F/P & soothing waterfall. The property also boasts a shed that matches the architecture of the home, use as a delightful playhouse for the kids. Inside the house, the kitchen is a chef's dream. Equipped with high-end appliances, it provides the perfect space for culinary creativity. Prepare gourmet meals & entertain guests with ease in this well-appointed space. The top floor of this home features three bedrooms, offering space for the whole family. Additional entertaining room on the lower floor w/ theatre/rec room that includes a wet bar & F/P. Bdrm & bath Open House Sun July 16, 12-2
Open House on Sunday, July 16, 2023 12:00PM - 2:00PM
Stunning house is the epitome of luxury & comfort. Situated on a spacious 13,347 sqft lot, this property offers an impeccably manicured yard that backs onto greenbelt. Step onto the top-of-the-line decking, where you can relax & entertain guests in style. Outdoor kitchen features granite countertops & comes complete with a built-in BBQ, fridge & heating. Beachcomber hot tub invites you to unwind & rejuvenate, relax by the gas F/P & soothing waterfall. The property also boasts a shed that matches the architecture of the home, use as a delightful playhouse for the kids. Inside the house, the kitchen is a chef's dream. Equipped with high-end appliances, it provides the perfect space for culinary creativity. Prepare gourmet meals & entertain guests with ease in this well-appointed space. The top floor of this home features three bedrooms, offering space for the whole family. Additional entertaining room on the lower floor w/ theatre/rec room that includes a wet bar & F/P. Bdrm & bath Open House Sun July 16, 12-2
I have sold a property at 520 2665 MOUNTAIN HWY in North Vancouver. See details here
Canyon Springs! Immaculate Top Floor two-bedroom & two-bathroom condo in Lynn Valley. Built by Polygon in 2015, this unit boasts a spacious open floor plan with plenty of natural light. The large walk-out patio features stunning views of the mountains. With 887 square feet of living space, there's plenty of room to entertain guests. Don't miss your chance to own this beautiful condo in one of North Vancouver's most sought-after and centrally located neighbourhoods. Comes with 1 underground parking stall, 1 storage locker and access to a fully equipped gym on the main level. Just a few steps away from public transportation, Lynn Valley shopping Center, restaurants, schools, hiking, golfing, and much more!
Both the Canadian and Australian central banks surprised markets by raising rates last week, leading to a slump in global bonds and speculation that the Fed might follow suit. The Fed, however, has been vocal in signalling that it will hold this week, with markets placing odds of a hold at 75 per cent. That looked even more likely after May inflation checked in Tuesday at four per cent, the lowest level in two years.
But the Bank of Canada’s 25-basis-point hike to 4.75 per cent ended what had been a five-month pause, suggesting to some that the economic winds were changing, and increasing the potential the Fed isn’t done raising rates.
What happened?
Following the Bank of Canada’s announcement, the yield on two-year Canadian bonds tacked on more than 20 basis points.
Derek Holt, head of capital markets economics at Scotiabank, said the central bank’s decision “blew a foul stench over world bond markets.”
Avery Shenfeld, chief economist of CIBC Capital Markets, said that by not waiting until July and appearing to be less patient, the Bank of Canada had also made another move upward more likely.
“Bond yields in both countries could see further upward pressure from here to September, as markets will price in risks of subsequent hikes for a while, and will also feel the impact of a rush of U.S. Treasury supply as the government replenishes its cash position with the debt ceiling deal now achieved,” he said.
What did the Canadian hike signal?
Though the direct impact was limited, ending the pause launched in January gave markets something of a reality check in terms of the risks surrounding the outlook for major central banks such as the Fed, said Royce Mendes, head of macro strategy at Desjardins Capital Markets.
“Market participants are viewing the Bank of Canada’s return to rate hikes as a bit of a canary in a coal mine,” Mendes said, adding that the Bank of Canada’s move could be a leading indicator of what other central banks might have to do to contain inflationary pressures.
Canada, however, did not act alone. Stephen Brown, deputy chief North America economist at Capital Economics, said the Reserve Bank of Australia hiking last week against consensus expectations of a hold was also a major part of the reaction from global markets.
“It’s this sort of accumulation of evidence that maybe central banks across the world are going to have to do a bit more in order to get inflation under control, which has had this effect on global markets,” Brown said.
Is it unusual for global markets to react to a Canadian rate hike? Why is this time different?
Mendes said it’s somewhat unusual for markets to be reacting so strongly to developments here in Canada. However, he said the Bank of Canada has been at times a leader in terms of changing the global narrative surrounding monetary policy and this could be one of those times.
The Bank of Canada was certainly seen as leading the selloff in global developed markets’ sovereign bonds immediately after the announcement of a rate hike, he added.
“Canada is typically a relatively small jurisdiction and so it doesn’t take up too much space in the minds of investors, but given that the decision by the Bank of Canada could have implications for other central banks, it is being seen by traders as a potential turning point in central bank policy,” Mendes said.
Bank of Canada rate hike nail in coffin for economy
While normally unusual for relatively small central banks to be dictating global market moves to this extent, the Bank of Canada was one of the most aggressive central banks among advanced economies in terms of hiking last year, he said. The Bank of Canada hiking 100 basis point hike in July last year sent shockwaves through global markets as well because it suggested that all central banks would have to follow similar aggressive strategies, Brown added.
“There’s not been a major effect but it certainly has pushed the investor consensus more towards this idea that the Fed will probably need to hike again in July and certainly that rate cuts will probably come a bit later than previously expected,” he said.
I have sold a property at 107 3260 ST JOHNS ST in Port Moody. See details here
WOW! Extensively Renovated 2 bedroom ground floor unit, Nothing to do but move in and enjoy this LUXURIOUS Home! Gas fire place, stainless steel appliances, beautiful countertops & floors, renovated bathrooms, updated lighting. Pride of ownership is evident! Great location just steps to inlet Skytrain station. Enjoy the massive patio of this beautiful corner unit Home! Condos in this condition rarely come available, 2 Premium parking stalls right next to the elevator! Very well maintained strata. This Truly is a MUST SEE! Open House Sunday May 28th 2-4pm
I have listed a new property at 4248 BEDWELL BAY RD in Belcarra. See details here
Sprawling luxury home is truly an entertainers dream! Ocean views, this is one level living at it finest! 2 storey living room w/ massive windows that open to the covered patio, yard & pool, adjacent dining room & spiral staircase to the expansive loft area. Massive kitchen: an eating area that overlooks patio, family room that opens to the yard & pool area. You won't want to leave your primary bedroom - have a work out in the private gym, swim in the pool, then off to the sauna & finally luxuriate in your soaker tub. 3 extra bedrooms & the media room are off of the kitchen for the utmost in privacy. Beautiful hardwood flooring, Control 4 home automation system, outdoor pool, hot tub & a shower in the telephone booth! Triple garage & open parking. Video Link: https://youtu.be/B650kOGMVgE
I have sold a property at 3321 CHARTWELL GRN in Coquitlam. See details here
VIEW HOME! Chartwell Green 'Pinewood' overlooking Lake & Fairway of the prestigious Westwood Pleateau Golf & Country Club. This executive home features many upgrades. Hardwood floor, designer colors. Huge bedrooms up, Vaulted ceiling Master with lake view. An open plan with a stunning maple kitchen, granite counters, extensive decking & a fully finished walkout basement with extra bdrms, rec rm & 4 pc bathroom. Just mins to great shopping, recreation, schools and vibrant city centre. Enjoy this truly wonderful view! Must see!
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“Market participants are viewing the Bank of Canada’s return to rate hikes as a bit of a canary in a coal mine,” Mendes said, adding that the Bank of Canada’s move could be a leading indicator of what other central banks might have to do to contain inflationary pressures.
