burnaby / new westminster oct 16, 2015 real estate weekly

8
REAL ESTATE WEEKLY BURNABY NEW WESTMINSTER FRIDAY, OCTOBER 16, 2015 info@rew.ca • 604-435-7977 S ome recreational develop- ers link real estate to golf courses, others to skiing, water sports or tennis courts. At the Creekside Mills at Cultus Lake, the attraction is a work- ing farm, some of it Agricultural Reserve Land (ALR) that sur- rounds the 129 detached houses. “We’ve incorporated 10 acres of recreational agricultural land where homeowners can enjoy an edible landscape includ- ing a community garden, fruit orchards, livestock area, berry fields, and then sell the fruits of their labour at our farmers market or bring it back home to eat,” explained Steven Van Geel, sales director at Creekside Mills at Cultus Lake and founder of Frosst Creek Developments. Agricultural Inspiration The inspiration for Creekside Mills is an 80-acre family farm that had operated for 50 years near Cultus Lake. Only a small portion of the land was in BC’s ALR. Frosst Creek purchased the farm and was allowed to take the 4.4 acres out of the ALR, but replaced it with about 10 acres that is now deemed agricultural land. “We have incorporated the ALR land around the development,” Van Geel said, referring the con- cept as an “agrihood.” Creekside Mills, a bare-land strata, gated community, will also have full-time staff to main- tain the farmland and lifestock, and will offer educational pro- grams and workshops to children about raising plants and animals. Residents will be encouraged to harvest fruit and vegetables, operate their own community garden and even get fresh eggs from a hen house, Van Geel said. “We want to bring the farm back to life,” he said. A First for BC While linking new residential developments to farming has been done in the United States, Van Geel said Creekside Mills is the first such project he knows of in BC. The project’s strata fees are around $180 per month, which will help pay for the farm opera- tions, a recreation centre and community swimming pools, according to Van Geel. The plan is to roll Creekside Mills out in two phases over the next two to three years, with the farm maturing around it. “I was raised on farm,” Van Geel said, “and I think a lot of families would like their children to experience it.” According to a 2014 study conducted by Surrey-based Fifth Ave Real Estate Marketing Ltd., 80 per cent of respondents found the concept of recreation- al agriculture as an attractive amenity they would want near their home. So far, six homes in the first phase have sold – two of them to young families – though the official sales launch won’t be held until mid-October. Prices for two-bedroom ranchers start at $500,000, with two-storey, three-bedroom houses from $600,000, Van Geel said. First “Agrihood” Links New Home Community to Working Farm GO TO REW.CA /NEWS TO READ THESE STORIES AND MUCH MORE REAL ESTATE NEWS AND ADVICE Vancouver and Valley Buyers Competing for Ever Fewer Listings: Boards Outdoor FeaturesThat Help Sell Your Home – Even in Cooler Seasons New Home Prices Continue to Climb in Vancouver, Slide in Victoria Looking to BUY or SELL a home? To assist you in making the best decisions, a professional Realtor can provide the most up to date information on the real estate market, price, financing and comparative properties in your area. Find your EXPERT Real Estate professional right here in REW.ca!

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Since 1978 Real Estate Weekly has been synonymous with outstanding coverage of the Greater Vancouver residential real estate market. Today, published with recycled newsprint from its own high-speed presses in Vancouver, Real Estate Weekly is delivered by British Columbia's largest courier force to over 450,000 homes across the Lower Mainland. A total of 11 separate editions comprise the Real Estate Weekly, each featuring homes for sale, new developments and quality editorial coverage of the housing industry and the communities. Real Estate Weekly, quite simply, lists more homes for sale from more Realtors than any other publication in British Columbia. Real Estate Weekly is the number one source for Lower Mainland residential real estate and the first choice of both homebuyers and Realtors for more than three decades.

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Page 1: BURNABY / NEW WESTMINSTER Oct 16, 2015 Real Estate Weekly

R E A L E S T A T E W E E K L Y

BURNABY NEW WESTMINSTER FRIDAY, OCTOBER 16, [email protected] • 604-435-7977

Some recreational develop-ers link real estate to golf courses, others to skiing,

water sports or tennis courts. At the Creekside Mills at Cultus Lake, the attraction is a work-ing farm, some of it Agricultural Reserve Land (ALR) that sur-rounds the 129 detached houses.

“We’ve incorporated 10 acres of recreational agricultural land where homeowners can enjoy an edible landscape includ-ing a community garden, fruit orchards, livestock area, berry fi elds, and then sell the fruits of their labour at our farmers market or bring it back home to eat,” explained Steven Van Geel, sales director at Creekside Mills at Cultus Lake and founder of Frosst Creek Developments.

Agricultural InspirationThe inspiration for Creekside

Mills is an 80-acre family farm that had operated for 50 years near Cultus Lake. Only a small portion of the land was in BC’s ALR. Frosst Creek purchased the farm and was allowed to take the 4.4 acres out of the ALR, but replaced it with about 10 acres

that is now deemed agricultural land.

“We have incorporated the ALR land around the development,” Van Geel said, referring the con-cept as an “agrihood.”

Creekside Mills, a bare-land strata, gated community, will also have full-time staff to main-tain the farmland and lifestock, and will off er educational pro-grams and workshops to children about raising plants and animals. Residents will be encouraged to harvest fruit and vegetables, operate their own community garden and even get fresh eggs from a hen house, Van Geel said.

“We want to bring the farm back to life,” he said.

A First for BCWhile linking new residential

developments to farming has been done in the United States, Van Geel said Creekside Mills is the fi rst such project he knows of in BC.

The project’s strata fees are around $180 per month, which will help pay for the farm opera-tions, a recreation centre and community swimming pools,

according to Van Geel.The plan is to roll Creekside

Mills out in two phases over the next two to three years, with the farm maturing around it.

“I was raised on farm,” Van Geel said, “and I think a lot of families would like their children to experience it.”

According to a 2014 study conducted by Surrey-based Fifth Ave Real Estate Marketing Ltd., 80 per cent of respondents found the concept of recreation-al agriculture as an attractive amenity they would want near their home.

So far, six homes in the fi rst phase have sold – two of them to young families – though the

offi cial sales launch won’t be held until mid-October. Prices for two-bedroom ranchers start

at $500,000, with two-storey, three-bedroom houses from $600,000, Van Geel said.

First “Agrihood” Links New Home Community to Working Farm

GO TOREW.CA /NEWS

TO READ THESE STORIESAND MUCH MORE REAL ESTATE

NEWS AND ADVICE

Vancouver and Valley Buyers Competing for Ever

Fewer Listings: Boards

Outdoor FeaturesThatHelp Sell Your Home – Even

in Cooler Seasons

New Home Prices Continue to Climb in

Vancouver, Slide in Victoria

Looking to BUY or SELL a home? To assist you in making the best decisions, a professional Realtor can provide the most

up to date information on the real estate market, price, fi nancing and comparative

properties in your area.

Find your EXPERT Real Estate professional right here in REW.ca!

Page 2: BURNABY / NEW WESTMINSTER Oct 16, 2015 Real Estate Weekly

•2 REW.ca » BURNABY / NEW WESTMINSTER » FRIDAY OCTOBER 16, 2015

REW.ca presents its exciting new publication West Coast Condominium– your essential guide to condo life in the Lower Mainland.

Get the latest news, stats and inside information on the region’s vibrant condo market:• Neighbourhood stats and current sales • Expert condo buying and selling advice

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Or go to www.rew.ca for our virtual edition.

To advertise call 604-379-4576 or email [email protected]

Page 3: BURNABY / NEW WESTMINSTER Oct 16, 2015 Real Estate Weekly

REW.ca » BURNABY / NEW WESTMINSTER » FRIDAY OCTOBER 16, 2015 3•

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Page 4: BURNABY / NEW WESTMINSTER Oct 16, 2015 Real Estate Weekly

•4 REW.ca » BURNABY / NEW WESTMINSTER » FRIDAY OCTOBER 16, 2015

Page 5: BURNABY / NEW WESTMINSTER Oct 16, 2015 Real Estate Weekly

REW.ca » BURNABY / NEW WESTMINSTER » FRIDAY OCTOBER 16, 2015 5•

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Page 6: BURNABY / NEW WESTMINSTER Oct 16, 2015 Real Estate Weekly

•6 REW.ca » BURNABY / NEW WESTMINSTER » FRIDAY OCTOBER 16, 2015

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Page 7: BURNABY / NEW WESTMINSTER Oct 16, 2015 Real Estate Weekly

REW.ca » BURNABY / NEW WESTMINSTER » FRIDAY OCTOBER 16, 2015 7•

Texor Homes (Clarke) Inc 245-9600 Cameron St, Burnaby. Prices do not include GST. Sales by disclosure statement.

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Page 8: BURNABY / NEW WESTMINSTER Oct 16, 2015 Real Estate Weekly

F R I D A Y , O C T O B E R 1 6 , 2 0 1 5BURNABY • NEW WESTMINSTER

Looking for a newhome? Start here.

R E A L E S T A T E W E E K L Y

I n P r i n t > O n l i n e > I t ’ s A l l H e r e

Longtime local residents Jim and Kathy Clarke watched with interest as Tsawwassen Springs masterplanned

community came to life.“We weren’t even thinking about mov-

ing, although we are now empty nesters,” says Jim Clarke. “But we’d been watching the development and gradually we became more interested.” Impressed with the qual-ity and beauty of the natural surroundings, they decided to check out the show home.

“The location was very important to us but it was more than that … the quality construction really got me,” he says, adding his company works with the construction industry. “We also love the fact that many young families have bought here as well.” The couple soon found themselves buying a three-bedroom sub-penthouse in Phase Two.

“My wife Kathy loves the open-concept kitchen, the high ceilings and big decks,” he says. “We have great views of the bluff and

of the golf course. We also like being close to the ferry terminal, the security of the com-munity and the turnkey lifestyle.”

Welcome to Phase 3 of Shato Holdings Ltd’s masterplanned community; Tsawwassen Springs. The six-storey concrete building will feature 90 residences, ranging from 553-square-foot studios up to more than 2600 square feet of penthouse living with oversized private rooftop patios.

“We listened to feedback from buyers in Phase One and Two and took the best of what they told us for Phase Three,” says Sarah Toigo, Director, Sales and Marketing for the project.

The residences feature nine-foot ceilings (11 feet on the sub-penthouse level, 12 feet in the penthouses), engineered hardwood fl ooring, fl oor-to-ceiling windows, master bedrooms that accommodate a kingsize bed, as well as gourmet kitchens with a premium stainless-steel appliance package, granite

countertops and islands (in select condos).The homes also come standard with geo-

exchange heating, air conditioning and hot water on demand, solar panels to off set maintenance fees and one year of free Telus HD/TV and high-speed internet services.

Spacious decks invite outdoor entertain-ing at its best, with North Shore mountain, water and golf course views included.

Nestled among walking trails and in close proximity to the ocean, Tsawwassen Springs sits on 137 acres in the midst of the Tsawwassen Springs Golf Course. The buzz surrounding this enclave has attract-ed investors including the likes of Michael Buble and record producer Bruce Allen. Set to open this fall, Pat Quinn’s Restaurant & Bar (named after the NHL legend) overlooks the fairways of Tsawwassen Springs.

For nearly fi ve decades, the award-win-ning Vancouver-based builder, founded by Peter C. Toigo of the White Spot restaurant

chain, has built a reputation for innovative design combined with outstanding quality.

Right now, Tsawwassen Springs is off er-ing limited time incentives: cash entice-ments for smaller condos (based on pur-chase price), and double side-by-side car garage for larger condos.

These stylish contemporary condos start at $299,900 and include one parking stall with electric charger for a golf cart or elec-tric car, secured parking and storage. Larger condos come with two parking stalls.

Tsawwassen Springs Sales Centre show home (the 1600-square-foot corner condo) is located at 111-5099 Springs Blvd. Both are open Tuesday to Sunday, from noon to 5 pm.

For more information, call 604-948-4663, email

[email protected] orvisit www.TsawwassenSprings.ca.

A Home Awaits at Tsawwassen Springs