Real Estate in Greater Vancouver

THE CITY OF LOUGHEED IS HERE. From the same team that brought you The Amazing Brentwood.... 37 acres in a prime Burnaby location will undergo an epic transformation into The City of Lougheed. Inspired by world class cities, it will be complete with 20+ stunning high-rise towers, diverse neighbourhoods, shopping and restaurants, striking architecture and the most connected SkyTrain hub in Metro Vancouver. Imagine all the energy of downtown, in the region’s most central location. Presale soooooon. for more information, call Susan today at 604-562-9620, Sutton Group West Coast Realty [email protected]

Thinking about owning a condo in Surrey. You'll be surprise how much Avani Center can offer you!... Call Susan today for more detail at 604-562-9620 Avani Center Avani Centre, a collection of Studio to 3-bedroom condominiumresidences in Surrey City Centre’s southern iconic tower, coming soon to Kingand Fraser. Flanking the south entrance to Surrey's City Centre, at the KingGeorge Skytrain station, Avani Centre offers 181 exclusive residences incombination with a hotel by H...ilton, allowing for luxury experiences. TheResidences at Avani Centre begin on the 8th floor, ensuring that these homesrise above the Medical District and overlooks the core of the city's UniversityDistrict to the north. The architecturally unique residential tower risesatop a 5-storey hotel, and is close to Surrey Memorial Hospital, Holland Park,Central City Shopping Centre, the SFU campus, King George SkyTrain station, anda future shopping and entertainment complex. Residences will becompetitively priced and range from micro-suites to larger multi-bedroom floorplans. The dynamic exterior by renowned Architecture49 Inc and acdf*architecture pairs perfectly with modern interiorsby award-winning Giraffe Design.Access to the hotel’s fitness centre, swimming pool and rooftop amenities isavailable for a monthly membership, so you only have to pay for what you use. Est.Completion 2021 Units & Stories 181 Units 30 Stories See more

Real Estate TAX in BC It's been very confusing with all the real estate tax changes here in BC. Below is a summary of what tax applies. PTT - Property Transfer Tax is payable to the province of BC by purchasers of real estate. The amount of the Property Transfer Tax is 1% on the first $200,000.00 of the property’s fair market value, 2% on the amount between $200,000 and $2,000,000, and 3% on the amount between $2,000,000 and $3,000,000, and 5% of the remaining fair market val...ue. First Time Buyer Exemption - If a first time purchaser buys a primary residence for under $500k they will be exempt from PTT. Newly Built Home Exemption - Buyers will be PTT exempt if brand new home purchase price is under $750k. Foreign Buyers Tax - This is a 20% tax that is payable by anyone other than a Canadian citizen, permanent resident or a person registered under the Provincial Nominee Program. This tax applies to all properties in the Greater Vancouver Regional District, Capital Regional District, Fraser Valley Regional District, Regional District of Central Okanagan and Regional District of Nanaimo. GST - Only applies to brand new properties and is 5% of the purchase price. Some rebates apply if purchase price is under $450k. Speculation Tax - This BC tax applies to anyone not residing in or renting out property (in urban centres above) for at least 6 months a year. In 2019 tax rates are moving to 2% to foreign investors, 1% for Canadian citizens, and .5% to BC residents. This is over and above your standard property taxes. See more

Condo HoTTTTTT Presale-Park West at Lions gate! Preview is coming on April 17th. Call Susan today for more information at 604-562-9620 The new Lions Gate Village master planned community promises to be a vibrant, pedestrian-oriented neighbourhood comprised of parks, greenways, convenience based retail and residential living. Its unique location allows for easy access to Park Royal, Downtown and Stanley Park while its setting near Capilano River provides unparalleled acces...Continue reading