The Van Realty Real Estate Blog

You'll love the privacy of the backyard and sun room in this well maintained home. 66' x 133' corner lot with 180 degree southern views from the solarium. Bright, spacious spaces with solid oak flooring throughout the main floor. 









Quick Facts

MLS® #R2230717 Price: $1,688,000 Bedrooms: 4 Bathrooms: 2 Full Baths: 2 Square Footage: 3,032 Acres: 0.20 Year Built: 1950


Come check out this South Burnaby bungalow. We'd be more than happy to answer any questions you have about this property and can arrange for you to see it. You can view the complete listing on our website, complete with more pictures, here: http://http://www.vanrealty.ca/listing/r2230717-5410-portland-street-burnaby-bc-v5j-2r4/  

Brad's Cell: (778) 869.8778 

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You can't get much closer to nature than this! Private setting in prime Burnaby location on large lot (93' x 130') with newly renovated house and 2 potential income suites. Here's a quick overview of the home below. 

 

     

Quick Facts MLS® #R2223689 Price: $1,799,000 Bedrooms: 4 Bathrooms: 4 Full Baths: 4 Square Footage: 2,729 Acres: 0.28 Year Built: 1955   Amenities Clothes Washer/Dryer/Fridge/Stove/Dishwasher, Garage Door Opener   Come discover this rare gem! We'd be more than happy to give you a personal walk-through so please reach out to us if you have any questions. You can view the complete listing on our website, complete with many more pictures,…
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The government announced new mortgage rules, including a stress test for borrowers last week, effective January 1. The stress test is designed to simulate a borrower's financial situation by assuming they would have to pay back the loan at the posted average — not whatever deal they were able to negotiate. So under OSFI's new rules, borrowers would be stress tested at either the 5-year average posted rate, or 2% higher than their actual mortgage rate — whichever one is higher.

So what does this all mean? Regardless of whether you have 20% down, you will have to qualify for a mortgage under the new stress test. If you are thinking about buying, especially as a new homebuyer, please take these new lending rules into consideration. Unless you have an

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Our clients look forward to attending the Home Shows each year - we know we do! The focus of the Fall Home Show is Interior Design and Decor. If you're looking to renovate or redesign your home, get some inspiration for future projects, or just want to see what the new trends are, this is the place to be! It will take place at the Vancouver Convention Centre (West) from Thursday to Sunday, October 26-29. The show is also featuring quite a few HGTV stars that will be offering their expert advice. 

We're giving away quite a few COMPLIMENTARY TICKETS on Facebook and Instagram this week so you and a friend can attend together! Give us a follow on either Facebook or Instagram (or both!) on the post, and tag someone you'd like to attend the Home Show with.

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Photo Source: Swoonworthy

The IKEA catalogue signals a start to the new school year and has everyone flocking to IKEA for the latest in home goods. We were at IKEA over the Long Weekend before school started and let me tell you, it was not for the faint of heart - school-aged children running around, University-bound kids shopping for dorm room necessities, adults frantically trying to get their hands on whatever they had circled in the catalogue... 

All of that had us thinking... why don't we try out a few IKEA "hacks" to make our kitchen a little different than most? And if you're considering selling your home, these are simple, affordable hacks that will help with making your kitchen stand out from the rest. Here are a few hacks we've

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The end of August always has me asking 'where did Summer go??'. We hope everyone was able to make use of the beautiful weather we had. Before the kids head back to school, make sure to check out these family friendly events happening in the Burnaby area: 

 

OUTDOOR MOVIES AT CIVIC SQUARE

Venue: Civic Square

Upcoming Dates: Thursday August 24 // Thursday August 31

Bring your own blanket and join us for a movie in the park (rain or shine). Admission is Free. Event runs from 8:30pm to 10:00pm. For more information, please call 604-297-4572.


FEEL GOOD FRIDAYS AT BRENTWOOD

Start off your weekend with something exciting! Free manicures, massages, shoe shines, live DJ and more! 

Venue: Brentwood Town Centre

Upcoming Dates:

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We recently sent out a Market Update to our clients as we have become quite concerned about some of the stats and activity lately. We thought we'd also post this update for all our readers out there so you can also be informed, especially if you're thinking about buying or selling.  

SUPPLY > DEMAND 

Active listings in Burnaby have now exceeded 500 for the first time in over 2 years. Sales have plunged in the last 30-60 days after solid activity in March and April. There have only been 18 sales of detached homes in South Burnaby in the last 30 days and only 2 of those sales were over $2 million - highest was $2.8. By comparison in the 30 day period prior to that: 41 homes sold and 10 homes sold over $2 million.  

We feel…
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This is Deer Lake Parkside living at its finest! The home is inspired by Arthur Erickson's era of Architecture and sits on possibly Burnaby's most exclusive street. Below is a quick overview of this one-of-a-kind home.

Quick Facts
MLS® #R2174868
Price: $3,388,000
Bedrooms: 6
Bathrooms: 4
Full Baths: 4
Square Footage: 4,702
Acres: 0.29
Year Built: 1973

Amenities In Suite Laundry, Sauna/Steam Room, Clothes Washer/Dryer/Fridge/Stove/DW, Microwave

Views Partial Deer Lake Views, Mountain Views

This home has a seamless flow between the indoor and outdoor spaces with thoughtful window and deck placements that enhance the natural light and flow of the living space. Updates include slate and Brazilian cherry flooring, 800 bottle wine cellar and a

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This really caught my eye today:

In March 2017, not one house in Eastside Vancouver sold over 3 million. How many are listed for over 3 million? -- 72 altogether. And the 2,250-3 million price range didn't fare a lot better with only 9 sales and over 180 listings for about a 5% sell rate. That's extreme buyer's market territory. We predict continued pressure on the higher end of the detached market to intensify as we move into summer.

The good news is homes under 1,750,000 are selling well.

 

 

 

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Deer Lake Mews Townhouse Project

We’re working on something exciting! A collection of 27 boutique townhomes at Canada Way and Sperling, behind picturesque Deer Lake in Burnaby. All 27 townhomes will be three levels each with a single or tandem garage. Here’s a sneak peek at one of the beautiful kitchen options. To stay connected, subscribe to our newsletter at www.deerlakemews.com. More information to come so stay tuned!

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