Real Estate Services Archives - macdonald realty
7 Top Vancouver Waterfront View Properties Currently Listed by Macdonald Realty

7 Top Vancouver Waterfront View Properties Currently Listed by Macdonald Realty

Enjoy some of the best views around the city with these fantastic waterfront properties currently listed by Macdonald Realty.

#2601- 277 Thurlow Street, Vancouver, BC
Listed by Juliana Jiao Personal Real Estate Corporation

Imagine living with one of the world’s most majestic waterfront views of the ocean, mountains, Stanley Park, the Lions Gate Bridge, Coal Harbour Marina & Park, plus a 360-degree city view. Amazing terraces covering 688 square feet with two fireplaces.

Best waterfront view properties currently listed by Macdonald Realty

Price: $38,888,000  / Click here to see this listing

#1102 – 1139 W Cordova Street, Vancouver, BC
Listed by Lucie Ingoldby

Sensational waterfront home at Two Harbour Green. This 2400 square feet home with unobstructed views of the ocean, Stanley Park and Harbour Green Park plus the North Shore mountains has a great entertainment size family room with direct access to the wrap-around balcony.

Price: $7,390,000 / Click here to see this listing

2707 Point Grey Road, Vancouver, BC
Listed by Manyee Lui

Everlasting views on the prestigious Point Grey Road. With its waterfront location, this property captures the best of water, mountain and city. Enjoy the rooftop decks and incredible family living spaces.

Price: $17,800,000 / Click here to see this listing

#2101 – 1077 W Cordova Street, Vancouver, BC
Listed by Joseph Chiang

Amazing views of Coal Harbour, mountains and city from all windows. This open layout features an entertainment-size living room, fabulous gourmet chef’s kitchen and more. Relax in the spacious master bedroom with a spa only for you.

Ocean View - Best waterfront view properties currently listed by Macdonald Realty

Price: $4,488,000 / Click here to see this listing

#1605 – 1328 Marinaside Crescent, Vancouver, BC
Listed by Murphy Costello Personal Real Estate Corporation and Jodi Norrison

180-degree views to the South, East & North of False Creek, Science World and the city. Floor to ceiling windows, elegant interior floor plan, updated kitchen, and hardwood flooring. Everything with fabulous resort-level amenities.

Price: $2,998,000 / Click here to see this listing

1418 Haywood Avenue, Vancouver, BC
Listed by Jennie Frizzo Personal Real Estate Corporation

Situated on south-facing back gardens and beautiful views of Stanley Park, the city, and ocean and well designed with modern, open-concept and 20’ ceilings in the living room in a beautiful and functional floor plan.

Price: $5,888,000 / Click here to see this listing

#5604 – 1128 W Georgia Street, Vancouver, BC
Listed by Frank Ye Personal Real Estate Corporation

Incredible views of English Bay and the Gulf Islands. This Shangri-La 5-star home has updated Italian closets, entertainment center, and multiple amenities.

Price: $5,780,000 / Click here to see this listing

In the market for a new ocean view? Search listings on our website www.macrealty.com and find your dream home today. Partner with one of our real estate agents.

Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – July 2019

Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – July 2019

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in July 2019.

 

Greater Victoria

In July 2019, there were 283 sales of single family homes and 992 active listings in Greater Victoria. The benchmark sale price was $756,000.

In comparison, the Condo market had 215 sales and 619 active listings at the end of the month. The benchmark sale price was $511,000.

Townhome sales were 89, active listings were 235 and the benchmark sale price was $602,200.

It’s a seller’s market in Greater Victoria.

Parksville / Qualicum

Nanaimo

Looking for more information about the real estate market in specific neighbourhoods in Victoria, Parksville, Nanaimo, Vancouver Island and the Gulf Islands?

Macdonald Realty has offices in downtown Victoria, Sidney, Parksville and on Salt Spring Island. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area.

Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Victoria Real Estate Board (VREB) www.vreb.org and the Vancouver Island Real Estate Board (VIREB) www.vireb.com. Market data from the VIREB includes listings and sales in Campbell River, Comox Valley, Cowichan Valley Nanaimo, Parksville/Qualicum, Port Alberni/West, North Island, and the Islands.

 

Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – June 2019

Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – June 2019

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in June 2019.

Greater Victoria

In June 2019, there were 343 sales of single family homes and 1034 active listings in Greater Victoria. The benchmark sale price was $754,200.

In comparison, the Condo market had 216 sales and 643 active listings at the end of the month. The benchmark sale price was $511,200.

Townhome sales were 79, active listings were 258 and the benchmark sale price was $597,900.

It’s a seller’s market in Greater Victoria.

Parksville / Qualicum

Nanaimo

Looking for more information about the real estate market in specific neighborhoods in Victoria, Parksville, Nanaimo, Vancouver Island and the Gulf Islands?

Macdonald Realty has offices in downtown Victoria, Sidney, Parksville and on Salt Spring Island. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Victoria Real Estate Board (VREB) www.vreb.org and the Vancouver Island Real Estate Board (VIREB) www.vireb.com. Market data from the VIREB includes listings and sales in Campbell River, Comox Valley, Cowichan Valley Nanaimo, Parksville/Qualicum, Port Alberni/West, North Island, and the Islands.

Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – May 2019

Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – May 2019

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in May 2019.

Greater Victoria

In May 2019, there were 387 sales of single family homes and 1058 active listings in Greater Victoria. The benchmark sale price was $756,000.

In comparison, the Condo market had 244 sales and 658 active listings at the end of the month. The benchmark sale price was $507,300.

Townhome sales were 92, active listings were 252 and the benchmark sale price was $595,900.

Parksville / Qualicum

Nanaimo

Looking for more information about the real estate market in specific neighbourhoods in Victoria, Parksville, Nanaimo, Vancouver Island and the Gulf Islands?

Macdonald Realty has offices in downtown Victoria, Sidney, Parksville and on Salt Spring Island. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Victoria Real Estate Board (VREB) www.vreb.org and the Vancouver Island Real Estate Board (VIREB) www.vireb.com. Market data from the VIREB includes listings and sales in Campbell River, Comox Valley, Cowichan Valley Nanaimo, Parksville/Qualicum, Port Alberni/West, North Island, and the Islands.

Winding up a Strata Corporation

Winding up a Strata Corporation

One year ago new amendments to B.C.’s Strata Property Act came into effect.   The new rules made it easier to cancel or “wind up” a strata corporation by reducing the voting threshold from unanimous approval of all owners to 80% approval.  The original requirement for unanimous approval made most wind ups all but impossible since, for example, a single owner in a 100 unit strata building could hold up the whole process even though 99% of the owners were in favour of a wind up.

West End

As a result, the owners of more and more older strata buildings are voting for a wind up.  There are a number of reasons to do this:

  1. Many older strata buildings are in bad condition and require extensive and very expensive repairs which owners do not want to pay for;
  2. Many older strata buildings were built at a time when densities were lower (fewer units permitted on the building lots). A developer purchasing such lots can build more units now;
  3. Consequently, many older strata buildings are in prime locations coveted by developers who are prepared to pay owners top dollar to sell their property.

However, winding up a strata corporation is a very complicated, time-consuming legal process requiring input from experienced commercial real estate brokers and lawyers.  At Macdonald Commercial we have a team of specialist brokers who work with strata corporations on wind-ups.

Some key points to consider if you are an owner of a strata corporation and considering a wind up:

(more…)

BC Real Estate is Front and Centre in Shanghai | BCBusiness with Dan Scarrow

BC Real Estate is Front and Centre in Shanghai | BCBusiness with Dan Scarrow

Beyond Borders
Macdonald Realty’s Shanghai office is meeting the needs of its clients and bearing fruitful results

As seen in BCBusiness July 2015 issue.

As the demands of the BC real estate market change, realtors and their respective real estate agencies must react accordingly to stay in the game. For one agency, this meant thinking outside of the box and stepping out of its time zone.

When Macdonald Realty opened its office in Shanghai, China, last year, it was branded as “The Canadian Real Estate Investment Centre.” But Dan Scarrow, who manages the Shanghai office, says that his Chinese clients had their own words to describe it. Impressed with the office’s scope, they say that it covers “an entire dragon of services.”

Those services include residential resale, commercial sales and leasing, new development project marketing and property management. While American, Australian, New Zealand and European real estate companies had established offices in China, Macdonald Realty was the first company in China with a sole focus on Canadian real estate. The company decided to open the office as a response to their clients’ desire for better access to the Chinese market.

Scarrow is uniquely qualified to run the office. He has been working with Macdonald Realty for nearly 10 years, and has worked as an executive assistant for the CEO, and as a residential and a commercial agent. He is a born-and-bred Vancouverite, but he is half Taiwanese. “The upshot is that Mainland Chinese see me as a white Canadian, but I’m also able to communicate with them in Mandarin,” he says. “I guess you could say that, in China, I am an authoritative foreign curiosity and hence memorable.”

His company, says Scarrow, has several competitive advantages. “Our intimate knowledge of the market is what makes us uniquely valuable to investors here,” he says. “We are small enough to be agile, but big enough to provide a full range of brokerage, management and advisory services.”

Scarrow works with Chinese clients who are in the process of immigrating to Canada, with new Canadians and with pure investors. Those interested only in investment tend to look at new condos and commercial properties. “What resonates with investors in China is the perception of Canada as a safe and secure investment climate, in contrast with China’s robust, but volatile, environment,” says Scarrow.

In order to stand out in today’s highly competitive real estate market, Macdonald Realty has undertaken several innovative marketing strategies. As technology has made property information widely available to the public, Scarrow notes that the role of the real estate agent has shifted: from gatekeeper of information to interpreter and negotiator. To meet the demands of those roles, Macdonald Realty has been working with an outside training organization to offer all agents the exclusive Certified Negotiation Expert (CNE) designation. Macdonald Realty has also launched its own magazine called Macdonald Realty Luxury Homes, to help market its luxury home listings in Canada and in China. Produced by the company’s own in-house creative marketing team, the magazine has proven to be a hit.

But from his own experience, Scarrow says that the most important way for an agent to get ahead is to be a competent professional first. “Doing a fantastic job with one client will generate more long-term business than even the most successful email campaign,” he says. “Start with the people who know and trust you, do an unbelievable job for them and continue learning about how to be a professional from the good agents and managers around you.” Dan Scarrow manages Macdonald Realty’s Shanghai office sults just come a lot easier.”

This article was originally posted on BCBusiness, June 12th, 2015. 

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