Built by the award-winning Haebler Group, presale of The Morrison starts on November 19, 2017.
The Morrison features one to four bedroom homes adjacent to the newly expanded Moodyville Park and entrance to the Spirit Trail, many with private rooftop decks with stunning views. All homes feature private walk-up entrances and were crafted to embrace the North Shore’s coveted indoor-outdoor lifestyle with generously sized patios, decks and vehicle-free courtyards.
With 5 one-bedroom, 15 two-bedroom, and 20 three or four bedroom homes, every one of The Morrison’s meticulously crafted homes has something unique to offer. Gorgeous kitchens, many with 8 or 9-foot islands boast high-end integrated Bosch appliance’s, expansive quartz countertops and backsplash, wide-plank white oak hardwood floors, as well as sleek cabinetry that can be customized to your personal style with three designer colour schemes.
One Bedrooms starting from $569,000
Two Bedrooms starting from $898,000
Three or Four Bedroom Homes starting from $1,498,000
The homes at The Morrison are being built by the award-winning Haebler Group to rigorous standards and are registered under the LEED Gold building program with aims to reduce energy consumption while providing superior comfort and quiet for your enjoyment.
Plus, Moodyville, Lower Lonsdale, North Vancouver new masterplanned (recently re-zoned) community just minutes from Lower Lonsdale – 12 minutes to downtown via seabus. Adjacent to $2.5 revitalization of Moodyville Park and entrance to the Spirit Trail. The Spirit Trail when complete will run from Deep Cove to Horseshoe Bay.
SALES START NOVEMBER 19, 2017. VISIT THE MORRISON FOR MORE DETAILS AND REGISTRATION.
Last month Luxury Brokers from across North America visited Macdonald Realty in Vancouver for the Luxury Portfolio fall workshops. During their stay they visited the River Green Presentation Centre in Richmond, a new luxury master planned community encompassing 27 acres of river shoreline. Canada’s most significant waterfront community and Richmond’s most impressive luxury development. Designed and built with the finest materials and craftsmanship, each residence offers the ultimate in luxurious living along the Fraser River. The prestigious waterfront location embraces stunning panoramic vistas of the Gulf Islands, North Shore Mountains and the Vancouver skyline. Visit the Two River Green website for more details.
Macdonald Realty Estate Group’s project marketing team, Platinum Project Marketing had a busy Saturday, launching sales on Evolve, a new condo development in Surrey, which Developer WestStone Properties said sold 300 condos worth about $70 million in a frenzied 90 minute rush.
Read on for the full story as reported by The Huffington Post.
Surrey Condo Sales: Hundreds Line Up For Chance To Buy $94,000 Micro-Units
The opportunity to buy a brand-new condo for under $100,000 in Metro Vancouver’s sizzling real estate market brought hundreds of people to a Surrey sales centre on Saturday.
Prospective buyers stood in line for hours to buy into the 35-storey Evolve concrete tower. A big draw were the micro suites, starting at 316 sq. ft. and $93,900.
Twin brothers and WHL players, Connor and Curtis Honey, drove up from Edmonton to be the first people in line at 4 a.m. for the opening day of sales. They snapped up one of the 80 micro condos.
“It is pretty small, but I think there’s ways to work around it and maximize the space,” Curtis Honey told CTV News.
Developer WestStone Properties said 300 condos worth about $70 million were sold in a frenzied 90 minutes Saturday.
The majority of Evolve’s 406 units are priced at less than $250,000.
The condo project’s marketers, Platinum Project Marketing, also credited the high-tech sales presentation, including holograms and augmented reality, for drumming up interest. (Watch video above.)
Evolve is scheduled to be finished in 2018. It’s one of several new towers in Surrey’s developing West Village.
With about 1,000 people moving to Surrey every month, the city is forecast to become B.C.’s biggest by 2041.
Investing in new construction can be rewarding and hurtful at the same time. Let’s examine some of the benefits and deterrents of buying that brand new home.
Everything is new
If you like shiny things and clean corners, new construction cannot be beat
Prices can be promotional
Getting into a new development with early bird or promotional pricing can help you gain financial ground in the real estate market
The Developer may offer incentives for buying one of their products, such as memberships to certain clubs or business’, additional appliances or upgrades, etc.
Your building will be made of the latest and greatest advancements in construction and design
Support staff with development
Onsite development staff will be constantly at the development for the first few weeks. This is the time to let them know of any problems, while they are easy to track down
New home warranty
The new home warranty covers all new homes built in British Columbia. You get 2 years on labour and materials (some limits apply), 5 years on the building envelope and 10 years on structure. It’s the strongest construction defect insurance in Canada.
Most new developments these days have a very high rental rate due to changes in our fluctuating real estate market. Renters are associated with taking poor care of the property and having a lower level of respect for the occupants. Most new developments would have no restrictions on the amount of rentals
The strata council can change and implement changes altering bylaws manipulating your resale audience
Cost can be speculative
Buying a new property at tomorrows prices have burned many people in the last 10 years, disabling them to sell at a profit or even break even
Prices are non negotiable
Developers tend to avoid price haggling at all costs. The price is usually the price
Contracts written by the developer, for the developer
Any contract you sign from a sales office was written by a very educated and determined legal team to protect all aspects of the developers behind. These contracts are heavily weighted for the developers benefit only.
Floating completion and possession dates
Your move in date can be pushed back typically, not fully ensuring an exact move in date
Got to love those taxes. Similar to buying a new car and driving it off the lot, 12% HST is difficult to recover short term
Immediate resale complications
Many developments do not want to compete to sell remaining properties if you choose to sell your unit in the early stages as well. If you have purchased and decided to move, there may be restrictions on how you are able to market your property, or you may even have to pay the developer a portion of your sales money as a penalty.
When purchasing a new home, it is critical to include the involvement of me, your REALTOR®. By reviewing the contract for unfair terms or conditions, providing you with a real time market value, proper pricing forecasting, and ensuring you do not overpay, you can avoid many of the deterrents listed above. Investing in a new development can be rewarding, if done correctly and well-researched.
Blog post provided by Darin Germyn Personal Real Estate Corporation, a REALTOR® with Macdonald Realty in South Surrey / White Rock. Visit Darin’s blog at Germyn.ca