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Saturday, October 1, 2011

Yaletown's first dog walk and wash condo building!!

 

 

 

Introducing Yaletown’s newest luxury residential tower, the Beasley will be ready for occupancy mid October.  Offering 211 condominum residences including an exclusive three homes per floor on the top four floors, the Beasley spans 33 stories.

The Beasley is a collection of Vancouver condos bordering on Yaletown and Robson Street.  This sustainable building was built as a tribute to Larry Beasley who was the Director of Planning at Vancouver’s City Hall. The single tower is located at 888 Homer and contains not only amazing homes but amenities that take Vancouver living to another level.  .

The developer behind the Beasley is Amacon, which in the past has brought to life many projects. Amacon’s portfolio of architecturally beautiful buildings is impressive!

And here’s a Yaletown first and the best part about the Beasley! If you have a dog, you and your pup will love the building as it has Vancouver’s first dog walk and wash area!  Part of the eighth floor garden terrace at the Beasley Condominiums in Yaletown will be a 60-foot dog run surrounded by park benches where home owners can hang out as their four footed companions romp and play together. You’ll find patios like this everywhere in New York and San Francisco.  This feature is indicative of downtown Vancouver’s success as being one of the top most livable cities in the world!

As for the rest of the amenities, the Beasley has a gym, a library, a meeting room and a party room.

Are you ready to start living YOUR Yaletown lifestyle?? Contact your Yaletown Lifestyle Realtor for more details!

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Tuesday, August 23, 2011

An assignment....another option to own your own condo!

CONDO ASSIGNMENTS FOR SALE

DEFINITION
An assignment (i.e. purchase) of the right to purchase a property. Specifically, it can be the transfer of a contract to purchase, before occupancy. After occupancy, the property can be sold and is classified as a 'resale'.
 
WHY ASSIGN AND NOT SELL?
The City has not given the permission for Occupancy yet. It cannot be a sold using conventional methods.
 

EXAMPLE
A Buyer just bought a new Condo. The Builder has given the Buyer the RIGHT TO ASSIGN the unit (sell the agreement) to another Buyer. This may happen for various reasons:

  • Buyer must sell
  • Buyer wishes to take out equity
  • Property appreciated and Buyer wishes to re-invest appreciation 
  • Market outlook looks bad

Many have taken advantage of the 'good times' and have been 'flipping condos' for investment purposes. Many clients have bought over and over only to be MORTGAGE FREE today.

It is an art to flip condos before they are built. This form of investment is not for the faint-of-heart. You need a knowledgeable real estate agent with financing capabilities to get into the game.

You are advised as to the builders, their success and mentality, the areas, why some are good buys and why others are not...
 

CONDO MARKET OUTLOOK - INDICATORS
Vancouver's Real Estate market appears to be able to hold and re-sell the units at least up to 2011.

  • Vancouver's condo market is being fueled by wealthy young professionals
  • They do not wish to travel hours to work
  • They are usually single or maybe couples
  • Many buyers are retired and love the downtown living
  • Vancouver's downtown core is revitalizing and becoming more vibrant and fun
  • Vancouver 's economy is stronger than ever and will continue to attract people wanting to live in  Vancouver

TIPS & TRICKS

  • Not all Builders allow assignment sales. Find out if the builder allows for assignment sales before you purchase. Find out if they are giving a discount
  • You may sell your unit at a higher price! Consult with a New Condo Specialist, like our team, for accurate pricing
  • The Assignment Fee can be negotiated and passed to the Buyer! Work with A Tough Negotiator
  • List your property with a Condo Assignment site, where your unit's visibility is GUARANTEED
  • Buy Your units early to save on Assignment Fees and to Maximize Your Benefit
Let's start investing smart!
Stay tuned for assignments available in your desired area :)
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Friday, August 19, 2011

Picnic in the park and outdoor movie in Yaletown

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Tuesday, July 5, 2011

REBGV June 2011 Market Stats

Summer housing market trends toward balance after an active spring season.
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