New Listing: 3230 KERRSTEAD PLACE (R2042154)

3230 KERRSTEAD PLACE, North Vancouver, Lynn Valley

List Date: 2016-03-04

List Price: $1,838,000

Lovely executive family home is located on one of the “best streets” in Lynn Valley! Rarely do homes come on the market here and so opportunity now awaits a new family purchasing this spacious 3 level, 5 bedroom, 3 bathrooms, over 4,000 sqft grand total with 2 car garage home on a quiet, child friendly cul-de-sac. Upon arrival, you’ll notice the manicured yard, street and you will feel pride of ownership. Inside this very spacious traditional home are 2 finished levels, with unfinished but framed basement ready for your personal design. All 5 bedrooms are up (or 4 with huge games room), cozy family rooms off open kitchen with island and leading out to a custom over size deck with a private yard. This updated home with solid maple wood and carpet mixed flooring is ready to move into. It doesn’t get any better. Don’t miss the first showing and open Sat/Sun 2-4pm!

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COMING SOON! Executive family home on one of the best streets in Lynn Valley!

 

 

 

 

 

3230 kerrstead coming soon

 

COMING SOON! Located on one of the best streets in  Lynn Valley in North Vancouver this over 3700 sf home is perfect for the large or extended family. With 4 bedrooms up WITH games room and 3 levels to enjoy, it is located on a very quiet, child friendly cul de sac. The unfinished basement gives plenty of opportunity to design for personal needs.  Contact Michele for further details. :)

Are you getting priced out of the Vancouver housing market?

bowen

MOVE TO BOWEN ISLAND!!  Only 1/2 hour to BC Ferries terminal in Horseshoe Bay, West Vancouver and another 20 minute by ferry to Bowen Island, discover very affordable homes for sale including this home at 816 Valhalla Pl. Located in Valhalla Estates which offers some of the most breathtaking views around, it is very private and has 12 acres of common land.  It is a short drive from the ferry terminal in Snug Cove up the scenic hill to this lovely 3 bedroom home with master on main and 2 bedrooms and den up. The windows  take full advantage of the panoramic views from every room, an open kitchen for the master chef, vaulted living room to enjoy the cozy woodburning fires, walk out deck that runs the length of the house where you can sit and watch all the ferries/boats/eagles  with your morning coffee or evening glass of wine, double garage and almost 1/2 acre of low maintenance yard. Wow! Doesn’t this sound great? Yes!

Do you work downtown but are looking to move to affordable living? Why move out East into the Valley where you will be commuting in heavy traffic everyday when you can take the short ferry ride while you unwind from your hectic day?

Snug Cove offers all the conveniences for living and you will love the small community where everyone feels like family.  The nature enthusiast can enjoy, kayaking, boating (or boat watching), hiking, biking, play at one of the beaches or  have a picnic in the park. You can enjoy the local art or music festivals, dine at the amazing French Bistro named ‘Rustique’ (one of my absolute favourites), or have lunch at the Snug Cove Café (the Snug on Bowen Coffee House ) which serves up the best lunches (the best veggie wraps-with mango…yum! ), antiques, clothing stores, library, as well as all the amenities. Then drive a few minutes further and check out Artisan Square with a lot of great stores and boutiques which are great for gift ideas for that special someone! Bowen Island is a great place to raise your family and has a reputable school.

Vacation home, family home, downsizing or holding property…

Take a day trip over to Bowen Island and see why Bowen is a hidden secret as I don’t think it will be long before the prices reflect the potential. As the demand for housing continues to rise as the inventory stays low, buyers will be looking to move to somewhere where the pricing suits the budget, homes are available today and the lifestyle is one of relaxation and comfort. Contact Michele to view today. :)

www.micheledefehr.com

http://www.bimbc.ca/

Shhhhhh…We don’t want to tell everyone but…

Passage Island has some of the most affordable if not the most affordable waterfront properties today! Passage Island has to be one of the most unknown islands in Howe Sound as not many people I have spoken to have even heard of this tranquil, absolutely breathtaking island. What is so amazing is how close it is from West Vancouver (only a 8-10 min private boat ride from West Vancouver Yacht Club/Thunderbird Marina in Fisherman’s Cove), but how far away you feel when you are there! But some owners really commute every day….really!

This 32 acre private ‘off grid’ (so NO services) island is home to a handful of residents that take great pride in their little paradise. NO cars so NO roads, only trails that lead you to every unique piece of property. There are high and low banks, trees, rocks and the only real wildlife are the birds you watch …or the local family dog. Rainwater Catchment supplies your water, propane and solar panels are part of the systems in place to run your home.

It is the entrance to Howe Sound, and the ferry between Horseshoe Bay to Nanaimo will sail by on it’s regular routes. The island borrows a postal code, V7W 1V7, from the wealthiest community in Canada, West Vancouver. But Passage Island is overseen by the Islands Trust and is part of the Greater Vancouver Regional District.

The 61 lots on Passage are owned by residents that make it their home year round, there are the cottage owners that spend time in the summer, some that snowbird leaving the island living for warmer weather during the winter months and then those that have owned their lots or homes for 20-30 years (some never visiting the island ). Currently, the island is going through a change as the aging homeowners decide it’s time to sell and new buyers are looking for more affordable homes with waterfront lots and relaxed lifestyle or an escape from the city (with quick access back if needed).

One thing is for sure, the community that is on this zen like island offers a safe and inviting life for any new owner. Everyone works together to help their fellow neighbour in need; there are neighbours that offer water taxi and handyman services, several get together tying up boats when the weather forecast is predicted to be bad and an owner is away, building stairs, checking in at the house while others are away, propane fill up, someone needs a barge to bring items over and they check to see if anyone else needs it too…and then there are the pot luck dinners, and the summer beach bbqs…and these are just a few!

Passage Island is a beautiful island with beautiful people living there! :)

There are waterfront lots from just over $200K ..the most affordable around, to homes just over 1M.  There are several in the high $400K-$800K as well. I have an information package available.

Put on your comfortable walking shoes and clothing and join me on a boat ride to a little Howe Sound paradise that is Passage Island!

www.micheledefehr.com

I am very excited to take part in this year’s Seek the Peak 2016 from Ambleside to the peak of Grouse Mountain! My team of 4 powerful women.. Dawn Williamson, Leah James, Patty Hopper and myself (Michele De Fehr).  A great event that raises money and awareness for a cause that affects so many of us…. that cause is Breast Cancer. I hope one day this will be a word of the past. Come out and cheer everyone on. #goteamtatas #beatbreastcancer  #runningforacause http://www.cbcf.org/Pages/default.aspx

 

 

 

Study to be revisited on highway link from the Sunshine Coast to Lower Mainland

Bridge financing
Last week the B.C. government decided that a bridge between Gabriola Island and Vancouver Island is not economically feasible. Today it announced that R.F. Binnie & Associates will study the feasibility of a highway link from the Sunshine Coast to the Lower Mainland. The contract is worth $250,000, and the study is expected to be completed in fall 2016.

The study will explore number of potential connections ranging from a highway link around Jervis Inlet to direct bridge connections along the coast. It will also assess the costs and benefits of each option and compare them with existing ferry services, as was the case with the Gabriola-Vancouver Island s

 

see below for original report from BCBusiness:

Province to study a fixed link to the Sunshine Coast

 

Jacob Parry | Sep 18, 2015


Image by: Sunshine Coast Connector

Tunnel-and-bridge combos, like this one in Hvrode, are a common workaround in fjord-plagued Norway

Coastal link
For any resident of Powell River, it’s a familiar routine: a half-hour drive to the first of two ferries, then a 50 minute crossing to Earls Cove ($61.50 for a car and passenger). If you time it right, you can drive the length of Sunshine Coast and make it on the ferry to West Vancouver in two-and-a-half hours ($69 for a car and passenger). Said and done, it’s a four-and-a-half-hour trip, not counting traffic on the bridge into Vancouver.

Enter a proposal, in the earliest of stages, to build a fixed link between the Sunshine Coast and the Lower Mainland. On Friday, the Ministry of Transportation announced that it will study the costs and benefits of a fixed link to the Sunshine Coast, the ferry-dependent region home to 45,000. From the get-go, the province is looking at a handful of options, from a lengthy highway link to the Sea-to-Sky through the remote coast mountains, to a series of bridges hopping the islands and fjords along the route south to Vancouver.

The most likely crossing would be at Porteau Cove, a long a shallow band of the Howe Sound, according to Oddvin Vedø, a former economic development officer for the Sunshine Coast regional district and an avid fan of a fixed link. And he isn’t alone: both the district of West Vancouver and BC Ferries have been itching to move service out of space-constrained Horseshoe Bay for at least a decade. In July, the Sunshine Coast Regional District passed a resolution asking the province to look at a fixed link—a highway plus a bridge or tunnel. This is how the district mulled the benefits: a fixed link could boost tourism and real estate development, bring the obvious employment boon of a major construction project, and help mitigate the impact of the region’s transition from logging and sawmills to weekenders and retirees. The cost? A price tag that starts at $250 million.

But before you start planning your drive to Sechelt, be warned that the government is in the earliest stages of the project timeline. For comparison, the province put out an RFP for a study for a fixed link to Vancouver Island via Gabriola last year, which is still in process. As for the link across Howe Sound, ministry has put out a request for proposals to hire a firm to undertake the study, which it expects to get underway later this year.

But for fun’s sake, here are a few renderings of a comparable fjord crossing project in Norway, via Sunshine Coast Connector:

What are your thoughts on this proposal? Should we spend money on updating ferries ( BC Ferries) …or build new highway?

 

 

Will China’s market turmoil increase Canadian real estate prices?

 


Image by: iStock

The weak Canadian dollar and a shaky Chinese stock market make Vancouver an affordable bet for offshore investors

byLudovic Siouff

Ludovic Siouffi is an investment advisor at Canaccord Genuity Wealth Management (Canada).

My wife and I live in downtown Vancouver, one of the hottest real estate markets across the country. We just received our property assessment value for 2016, and it has gone up by over 12 per cent in just one year, which is probably average for where we live. In places like Lion’s Bay, just thirty minutes outside the city, property assessment values are up 15 to 20 per cent, and in some cases as high as 30 per cent.

While there are plenty of other factors I’m sure—our incredible beaches, scenic views, a lack of land and land-use constraints—I don’t think it’s a surprise to anyone that investment from Mainland Chinese buyers over the past few years, and even decades, has been a major contributor to our real estate boom.

So what kind of impact will the recent market downturn in China have on our precious real estate? For those of you who might have been in a coma over the past few months, here’s a quick update – China’s stock market isn’t doing so well. It all started in June of 2015. At the time, China’s stock market was on an incredible hot streak. With the state-owned media urging them on, many people started pouring their money into stocks. The resulting growth was explosive but unstainable. As the demand for stocks increased, so too did stock prices. Meanwhile, the overall Chinese economy had actually been slowing down, and debt was skyrocketing. This led to a sudden mass loss in confidence, and a shocking drop in the Chinese stock market.

Over the past few months, the Chinese government has done everything in its power to stop losses. At first their efforts seemed to be working, with volatility in the region decreasing towards the end of 2015. However, over the past first few days of trading in 2016, it’s clear that there is still a lot of anxiety and fear amongst investors in China. Just yesterday, China’s stock market was again halted after only 30 minutes of trading, the shortest day in its 25 year history. Since the majority of investors in China’s markets are individuals, rather than institutional investors, panic and sell-offs have spread at a much faster rate. Most economists agree that the recent wave of downturns stems from the lowering of the local currency.

This leads me to the Renminbi (also known as the yuan), China’s currency, which is fixed to the U.S. dollar. Just recently, and with little warning, the People’s Bank of China lowered the exchange rate of the yuan against the U.S. dollar by 0.51 per cent. This recent currency move has led to a massive sell-off in the region, with investors looking to move their assets out of China. Although it’s not as easy to convert and move funds out of China, as it is for us to move down South, the government has yet to impose any major restrictions or limitations on doing so.

So now that you have some lay-of-the-land, let’s bring it back full-circle. Below is a simple flow-chart that I think will help in explaining why I think the recent market turmoil in China will lead to higher demand for real estate in Vancouver. Working our way through, it seems pretty clear that a major fall in the Chinese stock Market, could ultimately lead to further increases in Canadian real estate prices.

 

North Shore Community Christmas Dinner -Dec 12, 2015

 

One of my most favourite times of the year is helping to serve at the North Shore Community Christmas Dinner. This year was special..serving over 350 guests held at Carson Graham Secondary School in North Vancouver!! All the many hard working volunteers helped alongside the master chef Philippe Segur (who many remember from North Vancouver’s own Le Bistro Chez Michel) from North Vancouver’s Harvest Project who does an amazing job organizing and preparing/cooking the turkey dinner with all the trimmings, deserts, amazing salads and desserts! North Shore Alliance Church’s own  Pastor Dave Satler has this so well organized after 18 years alongside the Harvest Project., and  Save-on-Foods North Shore stores also donate food as well as their time serving the dinner.

This is a time to really witness the Christmas spirit. It is truly a time when I feel blessed in my life as I see the smiling faces of all the guests from children to adults alike. Santa makes a surprise visit with gifts and brings hope and happiness to all the children…Big and small! Local musicians and singers entertain while everyone enjoys the evening. I have never witnessed such true appreciation until I started to help with this event. It honestly makes me appreciate all that we have and what we all should be doing in life..giving…sharing and loving! No material in the world can bring you the satisfaction you get when you have given your time and self to help make someone else feel important enough to be here. It is a happy evening all around from set up to clean up.

We can all learn lessons from many who are less fortunate …and what is the real meaning of ‘being grateful’.

All the best for 2016. :)