Posted in: Abbotsford East, Abbotsford Real Estate
I have sold a property at 35422 MUNROE AVE in Abbotsford.
CUSTOM MADE beauty just a little jaunt to Delair Sports park! Meticulously kept & in show home condition, this elegant, bright home has 9' ceilings, loads of windows with stunning, southern views of the valley & Mt Baker from every level. Expansive patio is the perfect setting for BBQ's & summer entertaining! Kitchen is open concept with limestone backsplash & granite countertops. New hardwood & tile flooring, ensuite, paint, carpets & roof! Spacious, bright master suite with a walk-in closet also has a spa-like ensuite complete with jetted tub & his/hers sinks. Central air will keep you cool all summer! Use the shed for storage or hobby room. Enjoy some peace and quiet time in the separate seating area in the pristinely kept backyard that's landscaped to perfection! 1100+sqft fully fin.bsmnt has separate entrance & patio - perfect for the in-laws, students, extra mortgage helper or just to have the extra room for the family. This is a must -see home; to see it is to appreciate it!
Posted in: Central Abbotsford, Abbotsford Real Estate
Please visit our Open House at 1842 DAHL CREST in Abbotsford.
Open House on Sunday, September 29, 2013 1:00 pm - 3:00 pm
Quaint neighborhood, central location close to Costco & Walmart. This Rancher with a walk out basement backs onto greenbelt which keeps it quiet and peaceful. The large covered patio is great for year round use. Situated on a 9007 sq ft lot, there's room to park your RV or boat. Zoning allows for legalized accommodatations in the 2 bedroom/1 bath below, with it's own washer and dryer. Don't worry about walking up and down stairs, everything's easily accessable and on the main floor, including the laundry room. Close to everything you need, in a nice area with good neighbours. Good, solid home, could use a little elbow grease & some cosmetic updates
Posted in: North BC real estate investments
You know all too well that your $250,000 will only buy you a run down, fixer upper in Vancouver.
If you really want to put your investment dollars to good Real Estate use, then look up.
That’s what Dave and Lisa Richardson did. The couple purchased both units in a duplex in Dawson Creek in 2012, for investment purposes.
“We had heard good things about the investment potential of the area,” said Dave Richardson.
They paid $460,000 for the two Dawson Creek properties, with a $92,000 down payment.
Rental income on the two furnished units totals $5,000, leaving cash flow of $1,600 a month after carrying costs of $3,400.
Richardson points out that “the equivalent property would be at least double, if not triple the price in Vancouver.
“Property values, demographics, economic fundamentals, cost of entry and likelihood of cash flow make northern B.C. very attractive for real estate investing.”
Another local investor has been buying property in northern B.C. for four years.
He now owns 20 residential units within nine homes, duplexes and four-plexes, in Fort St. John and Dawson Creek, all rented. On some of the properties, he has teamed up with “money partners,” providing his investor with an eight- to 10-per-cent return.
He charges between $1,300 and $5,500 monthly rent, depending on the unit — sufficient to generate cash flow after deducting per-unit monthly carrying costs.
“I have found it difficult to find similar cash flow anywhere in the Lower Mainland.”
Vancouver-area properties might increase in value over time — as his northern holdings have been doing — but wouldn’t generate monthly profit.
Realtors are reporting an upswing in sales activity across northern B.C., particularly in communities anticipating a resource boom like Kitimat and Fort St. John.
Kitimat, of course, could become the terminus for the $6-billion Northern Gateway pipeline, and the site of an oil tanker port.
The coastal town of 9,000 also aspires to be home base for as many as three liquefied natural gas plants, which would have a combined price tag of $20 billion.
Fort St. John, meanwhile, calls itself “B.C.’s oil and gas capital” and is hoping the province will approve BC Hydro’s $8-billion Site C dam project.
Signs of optimism, premature or not, are everywhere.
The first Tim Hortons opened earlier this year in Kitimat.
In Fort St. John, Walmart has announced an expansion, and a new fire hall is being built.
WestJet last spring revealed its new regional carrier would soon start servicing the northeastern town of 20,000.
And, of course, real estate is hopping, with many of the buyers being from Vancouver, Edmonton and Calgary.
The dollar value of July home sales was nine per cent higher than a year earlier, reports the B.C. Northern Real Estate Board. Resale housing activity in the north “reached the highest level for the month of July in five years,” says board president Gisela Janzen.
The median sale price for single detached homes in the region hit a record high of $255,000 in the second quarter of 2013, up six per cent from 2012. In Kitimat, the median sale price increased by nearly 60 per cent.
There are no sure bets, however, and resource booms often do go bust.
But investors looking for modestly priced rental properties, and canvassing the shabby pickings in the Lower Mainland, are bound to be impressed by the four-bedroom bargains to be found in B.C.’s north.
Travis Bowman, alongside his investment partners, have bought and sold multi-family units in Fort St. John within the last few years. To find out first hand, from an experienced realtor and property investor, how you can bring a great return on your real estate investment call 604-855-0800.
Posted in: Mission BC, Mission Real Estate
I have listed a new property at 8053 TOPPER DR in Mission.
Located in excellent "College Heights" neighborhood. Walk to all levels of schools and the new dining/shops at Heritage Park Place. The fully finished 1 bdrm basement is ideal for the in-laws & students, too! Owner pride is evident all around in this spacious, meticulously kept rancher. Over 10,500 sq ft lot offers lots of privacy. Bright, open concept living/dining room/kitchen with island, maple cabinetry, lots of cupboard space. Loads of storage in the 600+ sq ft crawlspace. Big master bdrm has a walk in closet and a soaker tub in the ensuite! Newly painted throughout with new baseboards & lighting. Put your feet up and unwind next to the firepit & soak in the specatular, unobstructed valley/mtn views. Stunning!
I have listed a new property at 34741 IMMEL ST in Abbotsford.
Nestled on your own little piece of heavan, you'll fall in love with this custom built, rustic rancher. As soon as you walk inside you notice the elegant, vaulted cedar ceilings & skylights. This is an entertainer's delight with an open concept living area & a kitchen which the chef will love, boasting loads of counter space, a designer back splash, 5 burner stove/grill & corian countertops. The floor to ceiling windows allow for loads of natural light. Sit amongst serenity on the 40x14 covered sun deck. Meticulously manicured backyard & gardens come complete with a fountain, pond & waterfall oasis. 12'x16'Detached shop offers a secure place for all your projects & toys. Side access to yard is paved for RV parking.
I have sold a property at 3560 BASSANO TERR in Abbotsford.
LEGAL 2 bdrm SUITE! Add $850/mo towards your mortgage with this huge 4323 sq ft home situated by Ledgeview Golf Course. 9' ceilings on main/bsmnt, loads of windows in the bright, walk out suite. The 16x18 theatre room under suspended concrete slab allows for 100% sound buffer! Maple cabinets, big island with raised eating area & S/S appliances in the kitchen, hardwood flooring & beautiful mountain & Valley views for you to enjoy year round. Jacuzzi tub/walk-in closet in the master, 5 rooms & 5 bathrooms in total. 8900 sq ft lot allows for lots of space for the kids to roam; close to schools & freeway access for easy commuting. Super efficient and consistent hot water heating.
Posted in: Central Abbotsford, Abbotsford Real Estate
I have listed a new property at 39 32959 GEORGE FERGUSON WAY in Abbotsford.
Quiet and secure - upper floor, end unit at the back of the " Oakhurst Park" complex. This suite is updated with new flooring and fresh, neutral color paint. Enjoy beautiful northern views of the Cascade and Baker Mountains. Very bright and clean, ready for you to move in today. Wonderfully kept & maintained 55+ complex with a new roof. Comes with extra storage space and a covered parking stall. Central and walking distance to Seven Oaks mall, Superstore, parks & trails. Call today for your personal viewing.
VANCOUVER -- Vancouver has been ranked as the world's third most-livable city in an annual survey by an independent business associated with the Economist magazine.
Toronto and Calgary placed fourth and fifth, but Melbourne took the top spot for the third year in a row in a report by the Economist Intelligence Unit.
Vienna came in second in the ranking of 140 cities based on 30 factors including the quality of health care or the threat of military conflict.
Vancouver spent almost a decade in first place before Melbourne moved to the top of the list.
The lowest livability score was shared by Damascus, because of Syria's ongoing civil war, and Karachi, Pakistan.
London and New York have been ranked as numbers 55 and 56 respectively, mainly because of a perceived risk of terrorism, according to the report.
I have sold a property at 4305 PIONEER CRT in Abbotsford.
First time on the market! This lovely 3 bdrm/3 bath home has been meticulously cared for inside and out. Features a beautiful, workable kitchen with maple cabinets that open to the bright, spacious dining area and family room. Fantastic open floor plan with loads of natural light keep the entire space warm and inviting. The summer oasis of beautifully manicured, mature gardens will beckon even the most seasoned green thumb! With a detached double garage, a fully fenced yard, 12'x10' shed out back there's a ton of room for toys, projects and storage. This home also boasts a 5' heated crawlspace, and built in vaccuum and floor sweep for easy cleaning. Situated on a quiet cul-de-sac with loads of parking and no neighbors behind.
For all of those who don't already know, Travis is an avid outdoorsman. I mean, we know he's a great catch but did we know that he could actually catch something THIS great?!
Over the long weekend this past Labor Day, he and a handful of his buddies geared up for another day out on the boat and ended up holding this phenominal, albeit ugly, prehistoric Sturgeon weighing in at over 500 pounds and measuring just over 9'7 feet long.
I know how guys are about the fish they catch (" really...it was THIS big!") but this one definately takes the cake!
I would imagine that one swoosh of it's tail would send the guys into New Westminster.
Amazing! Stay tuned for the article in upcoming newspapers!