Archive for August, 2007
West Vancouver Open Houses Sept 1 – 3, 2007 (NS News)
Following are the open houses in West Vancouver as advertised in the North Shore News. The open houses have been sort by Listed Price to make it easier to find the home in the price range you are looking for. Please consult your Realtor to check open house times and prices. See below for other open houses as advertised in the Real Estate Weekly.
| Address | Open Time | Price | Area |
| 401-1785 Esquimalt | Sat/Sun 2-4 | $324,500 | Ambleside |
| 1226-235 Keith Rd | Sat 2-4 | $348,000 | Cedardale |
| 101-2187 Bellevue Ave | Sat/Sun 12-2 | $354,000 | Dundarave |
| 203-1420 Duchess | Sat 2-4 | $469,000 | Ambleside |
| 502-2203 Bellevue Ave | Sun 2-4 | $695,000 | Dundarave |
| 903-1745 Esquimalt | Sat & Mon 2-4 | $765,900 | Ambleside |
| 696 Burley Dr | Sat 1-3 | $918,000 | Cedardale |
| 2093 Fulton Ave | Sun 2-4 | $1,079,000 | Ambleside |
| 1175 Kings Ave | Sun 3-5 | $1,225,000 | Ambleside |
| 914 Sinclair St | Sat/Sun 2-4 | $1,249,000 | Ambleside |
| 595 St. Andrews Rd | Sun 2-4 | $1,298,000 | British Properties |
| 1005 Lawson Ave | Sun 2-4 | $1,340,000 | Ambleside |
| 402 Hidhurst Pl | Sun 2-4 | $1,398,000 | British Properties |
| 785 St. Andrews | Sun 2-4 | $1,445,000 | British Properties |
| 4620 Woodburn Rd | Sun 2-4 | $1,480,000 | Cypress Park Estates |
| 2378 Kings Ave | Sun 2-4 | $1,490,000 | Dundarave |
| 4401 Woodpark Rd | Sun 2-4 | $1,548,000 | Cypress Park Estates |
| 670 Parkside Rd | Sun 2-4 | $1,548,000 | British Properties |
| 5352 Montiverdi Pl | Sat/Sun 2-4 | $1,575,000 | Caulfeild |
| 6165 Gleneagles Dr | Sun 2-4 | $1,595,000 | Gleneagles |
| 101-2275 Twin Creek Pl | Sat/Sun 2-4:30 | $1,799,000 | Chelsea Park/Panorama Village |
| 101-2275 Twin Creek Pl | Sun 2-4 | $1,799,000 | Chelsea Park/Panorama Village |
| 2882 Marine Dr | Sun 2-4 | $1,950,000 | Altamont |
| 1977 Jefferson Ave | Sun 2-4 | $1,998,000 | Ambleside |
| 2185 Lawson Ave | Sun 2-4 | $2,188,000 | Dundarave |
| 980 Eyremount Dr | Sun 2-4 | $2,198,000 | British Properties |
| 4755 Caufeild Dr | Sun 2-4 | $2,395,000 | Caulfeild |
| 2108 Kings Ave | Sun 2-4 | $2,495,000 | Dundarave |
| 5679 Westport Rd | Sat 1-4 | $2,498,000 | Eagle Harbour |
| 2255 Chairlift Rd | Fri/Sat/Sun 2-4 | $2,638,000 | Chelsea Park/Panorama Village |
| 2336 Westhill Dr | Sun 2-4 | $3,398,000 | Chelsea Park/Panorama Village |
| 2336 Westhill Dr | Sun 2-4 | $3,398,000 | Chelsea Park/Panorama Village |
| 1408 31st St | Sun 2-4 | $3,835,000 | Altamont |
| 2974 Marine Dr | Sun 2-4 | $3,895,000 | Altamont |
Add comment August 31, 2007
West Vancouver Open Houses Sept 1 – 3, 2007
Following are the open houses for West Vancouver sorted by asking price as reported in the North Shore Outlook Real Estate Weekly on Thursday, August 30, 2007. Please check with your Realtor as open house times may change.
| Price | Address | Open Time | Area |
| 8658 Seascapes Drive | Fri/Sat & Sun 2-4 | Howe Sound | |
| $ 354,000 | 101-2187 Bellevue Ave | Sat/Sun 12-2 | Dundarave |
| $ 879,900 | 189 Stonegate Drive | Sun 2-4 | Howe Sound |
| $ 1,150,000 | 6272 Wellington | Mon 2-4 | Whytecliff |
| $ 1,225,000 | 1175 Kings Ave | Sat & Sun 3-5 | Ambleside |
| $ 1,275,000 | 207-550 17th St | Sat & Sun 2:30-4:30 | Ambleside |
| $ 1,399,000 | 3985 Bayridge | Sun 2-4 | Bayridge |
| $ 1,548,000 | 4401 Woodpark Rd | Sun.2-4 | Cypress Park |
| $ 1,895,000 | 4848 Northwood Drive | Sun 2-4 | Upper Caulfeild |
| $ 1,898,000 | 2307 Marine Drive | Sun 2-4 | Dundarave |
| $ 2,498,000 | 5679 Westport Rd | Sat 1-4 | Eagle Harbour |
Add comment August 31, 2007
West Vancouver New Apartment Listings Aug 15 – 30, 2007
Following are the new apartment listings on the MLS for West Vancouver for the period of August 15th to 30th, 2007. Please check with your Realtor for further details:
| Address |
Price |
Realtor | MLS# | BDRMS | S.F. |
| 203 1420 Duchess Ave | 469,000 | Cyrus Pejan | V664305 | 1 | 978 |
| 502 2203 Bellevue Ave | 695,000 | Cheryle D. Mosier | V665662 | 1 | 894 |
| 30 Glenmore Dr | 775,000 | Clara Hartree | V664989 | 3 | 1111 |
| 801 570 18th St | 1,098,000 | George Bewza | V664758 | 2 | 945 |
| 201 2271 Bellevue Ave | 1,150,000 | Garry Monahan | V665657 | 2 | 1113 |
| 4 Beach Dr | 1,275,000 | Anita Schmitt | V664941 | 3 | 2505 |
| 2363 Marine Dr | 1,459,000 | Calvin R. Lindberg | V665598 | 3 | 2551 |
| 2362 Marine Dr | 1,599,000 | Karim Virani | V664321 | 3 | 2543 |
| 102 2235 Twin Creek Pl | 2,195,000 | Eric Christiansen | V665127 | 2 | 2218 |
| 2W 111 18th St | 2,588,000 | Dagmar E. Hafeli | V664556 | 2 | 1900 |
| 7 2142 Argyle Ave | 4,950,000 | Brock H. Smeaton | V665418 | 2 | 2832 |
Add comment August 31, 2007
West Vancouver New Detached Listings Aug 15 – 30, 2007
Following are the new detached home listings on the MLS for West Vancouver for the period of August 15th to 30th, 2007. Please check with your Realtor for further details:
| Address | Realtor | Price | MLS# | BDRMS | S.F. |
| 189 Stonegate Dr | Anita Schmitt | $ 879,900 | V665600 | 0 | 2700 |
| 696 Burley Dr | Tony Breen | $ 918,000 | V665973 | 5 | 2030 |
| 2556 Westhill Cs | Kamer Karakas | $ 1,030,000 | V665935 | 4 | 3900 |
| 655 Burley Dr | Tom A. Hassan | $ 1,149,000 | V666081 | 5 | 2213 |
| 914 Sinclair St | Tom A. Hassan | $ 1,249,000 | V665648 | 3 | 2003 |
| 6445 Madrona Cr | David I. Mackenzie | $ 1,299,000 | V665387 | 3 | 1984 |
| 4875 The Dale Bb | Karim Virani | $ 1,375,000 | V665514 | 5 | 3418 |
| 3985 Bayridge Av | Teresa DeCotiis | $ 1,399,000 | V665316 | 4 | 2288 |
| 51 Salal Ct | Elaine Andrews | $ 1,425,000 | V664610 | 3 | 2515 |
| 995 Eyremount Dr | Audry C. Chua | $ 1,438,000 | V664662 | 5 | 4350 |
| 2378 Kings Av | Robert J. Alexander | $ 1,490,000 | V663901 | 3 | 0 |
| 1090 Gordon Av | Victor Moenie | $ 1,495,000 | V665940 | 4 | 3256 |
| 2264 Jefferson Av | Douglas Soo | $ 1,495,000 | V665258 | 4 | 2400 |
| 670 Parkside Rd | Tom A. Hassan | $ 1,548,000 | V664733 | 3 | 3075 |
| 5352 Montiverdi Pl | Holly L. Wood | $ 1,575,000 | V666169 | 5 | 3446 |
| 2333 Marine Dr | Frank W. Saniuk | $ 1,695,000 | V665814 | 3 | 3337 |
| 420 N Oxley St | Jason Soprovich | $ 1,695,000 | V665861 | 3 | 2770 |
| 2695 Marine Dr | Brock H. Smeaton | $ 1,795,000 | V664991 | 4 | 3826 |
| 1158 Duchess Av | Lynn M. Davis | $ 1,849,000 | V665704 | 3 | 0 |
| 883 Fairmile Rd | Elizabeth S. Tan | $ 1,898,000 | V664330 | 5 | 3063 |
| 1418 Chartwell Dr | Audry C. Chua | $ 1,980,000 | V665138 | 5 | 5291 |
| 1407 Chartwell Dr | Elizabeth S. Tan | $ 2,100,000 | V665653 | 4 | 4600 |
| 960 Burley Dr | John Jennings | $ 2,198,000 | V665706 | 5 | 0 |
| 1910 Orchard Wy | Jason Soprovich | $ 2,280,000 | V665056 | 3 | 3347 |
| 3271 Thompson Cr | Malcolm Hasman | $ 2,280,000 | V664636 | 2 | 1718 |
| 2587 Kings Av | Sam McCall | $ 2,395,000 | V665697 | 4 | 3627 |
| 198 Stonegate Dr | Ryan Lalonde | $ 2,450,000 | V665905 | 5 | 4560 |
| 2260 Haywood Av | Karim Virani | $ 2,499,000 | V664350 | 5 | 4386 |
| 2109 Kings Av | Malcolm Hasman | $ 2,695,000 | V665978 | 4 | 4094 |
| 3825 Bayridge Av | Brock H. Smeaton | $ 3,100,000 | V666056 | 3 | 3447 |
| 2785 Willoughby Rd | Malcolm Hasman | $ 4,980,000 | V663974 | 0 | 6069 |
| 1511 Errigal Pl | Karim Virani | $ 4,999,000 | V665615 | 6 | 8430 |
| 2412 Halston Ct | Ping Chen | $ 5,180,000 | V665582 | 5 | 5540 |
| 3040 Procter Av | Harvey D. Kardos | $15,500,000 | V664456 | 4 | 6227 |
Add comment August 31, 2007
Income Required to Buy a Home in Greater Vancouver May 2007
I live in North Vancouver and it never ceases to amaze me how hot the real estate market is. To put it into perspective for readers outside of Vancouver following are some sobering statistics:
Property Type - Single detached
Benchmark Price – $ 653,616
Annual Income Required – $ 172,299
Property Type – Townhouse
Benchmark Price – $ 406,676
Annual Income Required – $ 108,005
Property Type – Apartment
Benchmark Price – $ 331,519
Annual Income Required – $ 88,016
Occupation Average Annual Income
Early Childhood Educator $ 32,760
Firefighter $ 57,540
Nurse (Registered) $ 55,237
BC MLA $ 75,400
Police Officer $ 54,639
REALTOR® $ 50,000
School Teacher (Elem) $ 53,222
So unless an elementary school teacher marries both a politician and a Police Officer there is not much chance of him/her buying a single family home in Vancouver.
Add comment August 29, 2007
Guess How Many Houses Are Sold Each Year in Canada?
Between 2004 and 2006 an average of 476,063* homes changed hands annually through the Multiple Listing Service® of real estate Boards across Canada.
According to the Economic Impact of MLS Home Sales in Canada commissioned by the Canadian Real Estate Association (CREA) and conducted by Altus Clayton- Division of Altus Group Limited for release June 12, 2007, it is estimated that a total of $32,200 in ancillary spending (i.e., spending by purchasers on items other than the actual house and land) was generated by the average housing transaction in Canada. Per transaction ancillary spending varied somewhat by region, ranging from $20,325 in Atlantic Canada to $40,450 in B.C.
(17 of the houses that changed hands)
The total annual economic impact is estimated at $15.3 billion per year. Based on the U.S. having 10 times the population I would bet that $ 153 billion is a fair guess on the impact on the U.S. economy. Stay tuned for more research.
In B.C, the expenditures were broken down as follows:
General household purchases** – $ 1,275
Furniture and Appliances – $ 3,725
Moving Costs – $ 1,650
Renovations – $ 8,750
Services i.e financial, legal, appraisal etc – $ 21,400
Taxes (excluding GST) – $ 3,600
Total – $ 40,450
* According to The Canadian Real Estate Association
**Bedding, towels, lighting fixtures, tools, blinds etc
1 comment August 28, 2007
West Vancouver Open Houses Aug 25 – 26, 2007
Following are the open houses in West Vancouver as advertised in the North Shore News. The open houses have been sort by Listed Price to make it easier to find the home in the price range you are looking for. Please consult your Realtor to check open house times and prices. See below for other open houses as advertised in the Real Estate Weekly.
| Address | Open | Listed Price | Area |
| #101-2187 Bellevue | Sat/Sun 12-2 | $ 354,000 | Dundarave |
| #310-1425 Esquimalt | Sun 2-4 | $ 375,900 | Ambleside |
| #101-843 22nd St | Sun 3-5 | $ 549,900 | Dundarave |
| #604-2246 Bellevue | Sun 2-4 | $ 769,000 | Dundarave |
| 6440-6442 Royal Ave | Sun 2-4 | $ 949,900 | Horseshoe Bay |
| 980 Kings Ave | Sun 2-4 | $1,065,000 | Ambleside |
| 2093 Fulton Ave | Sun 2-4 | $1,079,000 | Ambleside |
| 5568 Greenleaf Rd | Sun 1-2:30 | $1,179,000 | Eagle Harbour |
| 880 Jefferson | Sun 2-4 | $1,188,000 | Sentinel Hill |
| 1175 Kings Ave | Sun 3-5 | $1,225,000 | Ambleside |
| 4713 Caulfeild Pl | Sun 2-4 | $1,239,000 | Caulfeild |
| 4817 Meadfield Rd | Sun 2-4 | $1,279,000 | Upper Caulfeild |
| 1005 Lawson Ave | Sun 2-4 | $1,340,000 | Ambleside |
| 2225 Chairlift Rd | Sun 2-4 | $1,395,000 | Panorama Village |
| #203-550 17th St | Sun 2-4 | $1,395,000 | Ambleside |
| 402 Hidhurst Pl | Sun 2-4 | $1,398,000 | British Properties |
| 810 Greenwood Rd | Sun 2-4 | $1,448,000 | British Properties |
| 488 Southborough Dr | Sat 2-4 | $1,450,000 | British Properties |
| 2378 Kings Ave | Sat/Sun 2-4 | $1,490,000 | Dundarave |
| 2264 Jefferson Ave | Sat 2-4 | $1,495,000 | Dundarave |
| 4401 Woodpark Rd | Sun 2-4 | $1,548,000 | Cypress Park Estates |
| 670 Parkside Rd | Sun 2-4 | $1,548,000 | British Properties |
| 2383 Nelson Ave | Sun 2-4 | $1,569,000 | Dundarave |
| 6165 Gleneagles Dr | Sun 2-4 | $1,595,000 | Gleneagles |
| 2362 Marine Dr | Sun 2:30-4 | $1,599,900 | Dundarave |
| 4880 The Dale | Sun 2-4 | $1,650,000 | Caulfeild |
| 4390 Erwin Dr | Sun 3-4:30 | $1,698,000 | Sandy Cove |
| 875 Fairmile Rd | Sat/Sun 2-4 | $1,788,000 | British Properties |
| 1036 Millstream | Sun 2-4 | $1,825,000 | British Properties |
| 2021 27th St | Sun 2-4 | $1,850,000 | Dundarave |
| 1383 Cammeray Rd | Sun 2-4 | $1,900,000 | British Properties |
| 2490 Rosebery Ave | Sun 2-4 | $1,939,000 | Dundarave |
| 2882 Marine Dr | Sun 2-4 | $1,950,000 | Altamont |
| 2312 Mathers Ave | Sun 2-4 | $1,998,000 | Dundarave |
| 1977 Jefferson Ave | Sat/Sun 2-4 | $1,998,000 | Ambleside |
| 4215 Evergreen Ave | Sun 2:30-4 | $1,999,000 | Sandy Cove |
| 3565 Westmount Rd | Sun 2-4 | $1,999,000 | Westmont/West Bay |
| 611 St. Andrews Rd | Sun 2-4 | $2,150,000 | British Properties |
| 4469 Stone Cr | Sun 2-4 | $2,195,000 | Sandy Cove |
| 980 Eyremount Dr | Sun 2-4 | $2,198,000 | British Properties |
| 3642 Mathers Ave | Sun 2-4 | $2,199,000 | Bayridge |
| 3642 Mathers Ave | Sun 2-4 | $2,199,000 | Westmont/West Bay |
| 3640 Mathers Ave | Sun 2-4 | $2,289,000 | Westmont/West Bay |
| 2185 Lawson Ave | Sun 2-4 | $2,290,000 | Dundarave |
| 4755 Caulfeild Dr | Sun 2-4 | $2,395,000 | Caulfeild |
| 2108 Kings Ave | Sun 2-4 | $2,398,000 | Dundarave |
| 5679 Westport Rd | Sat/Sun 2-4 | $2,498,000 | Eagle Harbour |
| 1615 Chippendale | Sun 2-4 | $2,780,000 | British Properties |
| 1544 Haywood Ave | Sun 2-4 | $2,850,000 | Ambleside |
| 2336 Westhill Dr | Sun 2-4 | $3,398,000 | Panorama Village |
| 2336 Westhill Dr | Sun 2-4 | $3,398,000 | Panorama Village |
| 2974 Marine Dr | Sun 2-4 | $3,895,000 | Altamont |
| 755 Eyremount Dr | Sun 2-4 | $4,850,000 | British Properties |
Add comment August 25, 2007
July Housing Sales Approach Record
The Real Estate Board of Greater Vancouver (REBGV) reports that total residential sales reached 3,873 units in July 2007, a thermometer-breaking 41.8 per cent increase when compared to 2,732 sales in July 2006 and an increase of 5.0 per cent when compared to 3,687 sales in July 2005.
West Vancouver Detached Home Sales July 2007 Compared to July 2006
Up 88.6% (83 units sold, up from 44)
West Vancouver Attached Home Sales July 2007 Compared to July 2006
Up 39.4% (4 units sold and 4 in July 2006)
West Vancouver Apartment Sales July 2007 Compared to July 2006
Down 18.2% (18 units sold, down from 22)
Add comment August 24, 2007
Highest and Lowest Priced Homes in West Vancouver – Aug 24, 2007
There is quite a range between the highest and lowest priced homes in West Vancouver. Excluding a manufactured home at 441 Raindance Crescent for sale at $ 75,000 and a cabin on Hollyburn Mountain at Lot 5 for only $ 249,000 there is a nice home at 6472 Marine Drive for only $ 849,000 listed by Anne Leblanc of Sotheby’s.
At the other end of the spectrum, Harvey Kardos of Prudential Sussex Realty has listed a home at 3040 Proctor Avenue for $ 15,500,000. There is no picture available, but I don’t think that is because it is a fixer-upper.
As there is no picture of the highest price home I will give you a sneak peak at the second highest priced home at 2770 Bellevue Ave, West Vancouver listed by Malcolm Hasman for $ 14,800,000. I wonder who left their car in the driveway with the lights on?
1 comment August 24, 2007
West Vancouver Open Houses Aug 25 – 26, 2007
Following are the open houses sorted by asking price as reported in the North Shore Outlook Real Estate Weekly on Thursday, August 23, 2007. Please check with your Realtor as open house times may change.
| Price | Address | Open | Area |
| $335,000 | 703-1930 Marine Drive | Sat. 11-1 | Ambleside |
| $354,000 | 101-2187 Bellevue Ave | Sat & Sun 12-2 | Dundarave |
| $499,900 | 407-1340 Duchess Ave. | Sun 2-4 | Ambleside |
| $519,900 | 64-2212 Folkestone Way | Sun. 2-4 | Panorama Village |
| $519,900 | 64-2212 Folkestone Way | Sun. 2-4 | Panorama Village |
| $769,000 | 25-2214 Folkestone Way | Sat. 2-4 | Panorama Village |
| $775,000 | 30 Glenmore Drive | Sun. 2-4 | Glenmore |
| $892,000 | 8658 Seascapes Dr. | Sat & Sun 2-4 | Howe Sound |
| $898,000 | 814 Upper Cr | Sun.2-4 | Howe Sound |
| $987,000 | 6223 St. Georges Ave | Sun. 2-4 | Gleneagles |
| $1,100,000 | 2556 Westhill Close | Sun. 2-4 | Westhill |
| $1,225,000 | 1175 Kings Ave | Sat & Sun 3-5 | Ambleside |
| $1,275,000 | 207-55017th St. | Sat. 2:30-4:30 | Ambleside |
| $1,320,000 | 2111 Ottawa Ave | Sat. 2-4 | Dundarave |
| $1,399,000 | 1493 Gordon Ave. | Sun. 2-4 | Ambleside |
| $1,439,000 | 1049 Millstream Rd | Sun. 2-4 | British Properties |
| $1,790,000 | 1252 Keith Rd | Sun. 2-4 | Ambleside |
| $1,895,000 | 4848 Northwood Drive | Sun.2-4 | Upper Caulfeild |
| $2,290,000 | 2185 Lawson Ave | Sun. 2-4 | Dundarave |
| $2,498,000 | 5679 Westport Rd | Sat & Sun 2-4 | Eagle Harbour |
| $2,638,000 | 2255 Chairlift Rd | Sat & Sun 2-4 | Chelsea Park |
Add comment August 23, 2007
