Friday, September 29, 2017

Current Mortgage Rates for Friday, September 29, 2017

Mortgage rates are finishing off the week with a slight increase. The good news is that rates are still at extremely accommodating levels. If you’re on the market for a purchase or refinance, you’ve picked a great time to take action. Read on for more details.

Where are mortgage rates going? 

Rates finish the week higher but still at very low levels

It seems as though mortgage rates are going to remain trending higher as we head into the weekend. The week was fairly mild for fluctuations until Wednesday when all of the commotion about President Trump and his tax cuts sparked a sell-off in the bond market (optimistic investors believe that economic growth will result from the tax cuts and therefore are willing to take on more risk in stocks) which sent yields racing higher.

Click here to get today’s latest mortgage rates (Sep. 29, 2017).

The yield on the 10-year Treasury note (the best market indicator of where mortgage rates are going) jumped up about nine basis points by the time it was all said and done.

There was a slight dip yesterday but only by a couple basis points, which means rates are still dealing with the upward pressure from Wednesday.

The pressure is due to the fact that mortgage backed securities compete for similar investors as the 10-year Treasury note, so when the 10-year yield rise, mortgage rates most likely will as well. It’s not a perfect relationship but that’s normally how it goes.

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What does this mean for me?      

Rates at very low levels historically – great time to lock

Mortgage rates are still at some of the lowest levels they’ve been at all year. That means that there are definitely opportunities for some borrowers to get a great deal on a purchase or refinance. It only takes a few minutes with our Mortgage Builder to figure out what the best path for you to take is.

Today’s economic data:           

Personal Income and Outlays

The personal income and outlays data for August came in softer than expected at a monthly change of 0.2%. Consumer spending came in at 0.1%. The Fed’s favorite inflation measure–core PCE–was one tenth under projections at 0.1%. That puts it at just 1.3%, year over year.

Chicago PMI

The Chicago PMI came in at a strong 65.2. That’s decently higher than the 58.5 that was expected.

Consumer Sentiment

Consume sentiment is at 95.1 for its final position in September.

Notable events this week:          

Monday:                   

  • Fedspeak
  • Dallas Fed Mfg Survey

Tuesday:   

  • S&P Case-Shiller HPI
  • Fedspeak
  • New Home Sales
  • Consumer Confidence
  • Richmond Fed Mfg Index

Wednesday:   

  • Durable Goods Orders
  • Pending Home Sales
  • EIA Petroleum Status Report

Thursday:       

  • GDP
  • International Trade in Goods
  • Jobless Claims
  • Fedspeak

Friday:    

  • Personal Income and Outlays
  • Chicago PMI
  • Consumer Sentiment

Rates are still near 2017 lows. Contact us today to see if we can save you money on your home payments.    



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Thursday, September 28, 2017

Glitz – Availability, Prices, Plans

iFortune Homes' Glitz, designed by GBL Architects.

At a Glance

  • located across from Richmond City Hall
  • 9-storey mixed use: residential, commercial, retail
  • 77 condos from 1-3 bedrooms
  • Richmond Centre shopping
  • close to Canada Line rapid transit
  • countless dining options nearby
  • walking distance to Minoru Park

iFortune Homes' Glitz as seen from Anderson Road in Richmond Centre.

Live Brilliantly
iFortune presents Glitz, a mixed use project across the street from Richmond City Hall that includes 77 condominiums, 100,000 sq ft of office space, and 12,000 sq ft of retail space. Home owners will enjoy the convenience of finding their daily necessities nearby at Richmond Centre or shopping at the McArthurGlen Designer Outlet just ten minutes away. A world of dining choices lay at your footstep, as does a variety of recreational activities at Minoru Park. At Glitz, live, work, and play in the heart of Richmond!

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Pricing for Glitz
Final pricing for Glitz has not yet been made public. To ensure timely updates for this attractive purchase opportunity, sign up to our VIP list above.

Floor Plans for Glitz
Contact me today to discuss availability and plans.

The courtyard of iFortune Homes' Glitz in Richmond's Brighouse Village.

Amenities at Glitz
Residents will enjoy use of a 1,453 sq ft shared amenity space, a 12,000 sq ft outdoor common area, and a 2,422 sq ft childrens play area.

Parking and Storage
Glitz will provide off-street parking for 237 vehicles, consisting of 155 commercial, 82 residential, 15 visitor, and five handicapped spaces. Resident bicycle parking will be available in 94 Class 1 and 15 Class 2 stalls. There will also be two large and three medium loading bays.

Maintenance Fees at Glitz
To be included with finalized pricing information.

Developer Team for Glitz
iFortune is a developer, builder, general contractor, and project manager for a variety of types of projects of all sizes and complexity. The principals have over 100 years of combined local experience and a proven track record in the development and construction industry. iFortune Homes has significant development experience throughout the Metro Vancouver region. They are involved in every step of the development process, from sourcing the right team to acquisition of lands, arranging financing, obtaining approvals, designing solutions, managing construction, to marketing and sales.

GBL Architects is a progressive Vancouver-based firm of 38 architects, project managers and technicians with a 25-year reputation of providing a full range of architectural services to the private and public sector. GBL design with the belief that form plays a vital role in defining experience through an ever-changing dynamic between sculptural artistry and social responsibility. To that end, they regularly practice green design through the LEED Canada Program.

Expected Completion for Glitz
Sales start Fall 2017.

Are you interested in learning more about other homes in Richmond, South Vancouver, or the Cambie Corridor?

Check out these great Richmond Presales!

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Current Mortgage Rates for Thursday, September 28, 2017

Optimism about the Trump tax cuts caused a bond sell-off yesterday, putting some upward pressure on mortgage rates. The good news is that the Freddie Mac PMMS this morning showed that rates are still very close to some of the lowest levels of the year. Read on for more details.

Where are mortgage rates going? 

Rates unchanged in Freddie Mac PMMS – Stay near year lows  

The Freddie Mac Primary Mortgage Market Survey came out moments ago (released every Thursday at 10:00am sharp) and showed that rates stayed unchanged from the previous week. Here are the numbers:

  • The average rate on a 30-year fixed rate mortgage is 3.83% (0.6 point)
  • The average rate on a 15-year fixed rate mortgage is 3.13% (0.5 point)
  • The average rate on a 5-year adjustable rate mortgage is 3.20% (0.5 point)

That means that the 30-year fixed is still only seven basis points (one basis point = 0.01) above the year low for 2017 (set back on 9/7/17). This is clearly great news for anyone looking to purchase a home or refinance their current mortgage. That’s way below the year high of 4.30%.

Click here to get today’s latest mortgage rates (Sep. 28, 2017).   

Of course, it’s always worth noting that the data for the survey was collected early on in the week and doesn’t necessarily reflect current market conditions. We did get a fairly significant rise in the 10-year Treasury yield (the best market indicator of where mortgage rates are going) yesterday, after President Trump came out talking about tax cuts.

Optimism among financial market participants that these tax cuts might actually happen and would therefore bolster economic growth caused investors to move out of government bonds and into stocks. That pushed the prices of bonds down and yields up. With mortgage rates typically moving in the same direction as the 10-year yield, we would see rates higher over the next few days if the current pattern holds.

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What does this mean for me?      

Find out how low your rate would be

With mortgage rates continuing to run near year lows, right now is the perfect time to lock in a rate on a purchase or refinance. The best way to figure out what the numbers would be in your situation is to find out what your custom rate quote would be. It only takes a few minutes to get that information with our Mortgage Builder.

Today’s economic data:         

GDP  

The final estimate for second quarter GDP came in at 3.1%, which is one tenth higher than the previous estimate and exactly the same as the consensus that analysts had projected.

International Trade in Goods   

The nation’s trade deficit slimmed down to $62.9 billion in August.

Jobless Claims

Applications filed for U.S. unemployment benefits rose 12,000 from the prior revised reading up to 272,000 for the week of 9/23/17. The four-week moving average is now 277,750.

Fedspeak

Kansas City Fed President Esther George at 9:45am.

Notable events this week:          

Monday:                   

  • Fedspeak
  • Dallas Fed Mfg Survey

Tuesday:   

  • S&P Case-Shiller HPI
  • Fedspeak
  • New Home Sales
  • Consumer Confidence
  • Richmond Fed Mfg Index

Wednesday:   

  • Durable Goods Orders
  • Pending Home Sales
  • EIA Petroleum Status Report

Thursday:       

  • GDP
  • International Trade in Goods
  • Jobless Claims
  • Fedspeak

Friday:    

  • Personal Income and Outlays
  • Chicago PMI
  • Consumer Sentiment

Rates are still near 2017 lows. Contact us today to see if we can save you money on your home payments.    



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Wednesday, September 27, 2017

Current Mortgage Rates for Wednesday, September 27, 2017

Mortgage rates are up a bit today as positive economic data got released and Fed Chair Janet Yellen made more statements that hinted at another rate hike this year. We’ll see what happens as the day progresses, but it’s looking like a rise in rates in tomorrow’s Freddie Mac PMMS. Read on for more details.

Market Outlook 9.25.17 from Total Mortgage on Vimeo.

Where are mortgage rates going?

Rates moving higher   

Mortgage rates were in a holding pattern yesterday ahead of Federal Reserve Chair Janet Yellen’s keynote speech at a conference in Cleveland, Ohio. No one was quite sure what she was going to say, but for once, she actually came out with some fairly straightforward remarks.

Click here to get today’s latest mortgage rates (Sep. 27, 2017).   

Notably, she stated that the Fed should be careful of “moving too gradually” with their tightening schedule. They have to be careful, she said, not to overheat the labor market and cause a spike in inflation. Her comments were just what financial market participants were looking for, bolstering their optimism that another rate hike will indeed take place in 2017.

According to the CME Group’s Fed Funds futures (which reflect the market’s belief in upcoming rate hikes) the December meeting has about an 82% chance of happening. That’s a spike of about 10 percentage points and nearly double where it was a week ago today before the Fed’s September statement was released.

A strong durable goods report is further bolstering investors optimism, and contributing to a surge in Treasury yields this morning. The yield on the 10-year Treasury note (the best market indicator of where mortgage rates are going) is up about six basis points right now, bringing it close to levels not seen since late July. Mortgage rates typically move in the same direction as the 10-year yield, so they’re up a little right now from yesterday’s close.

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What does this mean for me?      

Rates still at very low levels

Mortgage rates are up a little today but are still at extremely accommodating levels on the year, not to mention an historical timeline. If you’re on the market for a purchase or refinance, the opportunity is definitely there to get a great deal.

The way the situation is unfolding with the Fed, it does seem, however, that rates are poised to rise over the coming weeks and months. That means that borrowers who act sooner rather than later are likely to get the better rate.

The easiest way to find out your custom rate and best mortgage solution would be is the head on over to our Mortgage Builder.

 

Today’s economic data:        

Durable Goods Orders

Durable goods orders rose 1.7% in August. That’s two tenths higher than the 1.5% rise that was expected by analysts, putting the year over year rate at 5.1%. Durable goods minus transportation rose 0.2%, bringing it to 6.1%, year over year. Core capital goods had a much higher than expected 0.9% rise in August, putting it at 3.6%, year over year.

Pending Home Sales

Pending home sales are down 2.6% for August. That’s a sharp fall that’s more than double the most negative projection from analysts.

EIA Petroleum Status Report

For the week of 9/22/17:

  • Crude oil: -1.8 M barrels
  • Gasoline: 1.1 M barrels
  • Distillates: -0.8 M barrels

 

Notable events this week:          

Monday:                   

  • Fedspeak
  • Dallas Fed Mfg Survey

Tuesday:   

  • S&P Case-Shiller HPI
  • Fedspeak
  • New Home Sales
  • Consumer Confidence
  • Richmond Fed Mfg Index

Wednesday:   

  • Durable Goods Orders
  • Pending Home Sales
  • EIA Petroleum Status Report

Thursday:       

  • GDP
  • International Trade in Goods
  • Jobless Claims
  • Fedspeak

Friday:    

  • Personal Income and Outlays
  • Chicago PMI
  • Consumer Sentiment

Rates are still near 2017 lows. Contact us today to see if we can save you money on your home payments.    



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Things You Need To Know Before a Bathroom Remodel

Content originally published and Shared from http://perfectbath.com

Renovations are always exciting. Yes, you might have to spend a lot. But if the work is excellently done, then you’ll definitely get your money’s worth. Remember to take note of the following things before you proceed on your project.

Image Source: Flickr

Consider these master bath must-haves
Sharing with your sweetie is simpler when you’ve made space for these features.

  1. Toilet room:Gives this area privacy; best if it’s got a door.
  2. Separate shower stall:Lets bathers and shower-takers clean up simultaneously.
  3. Dual workstations:Place double sinks 36 inches apart or more, measured drain to drain, so that you’ll have elbow room. Give each sink enough outlets and lighting, as well as mirror, countertop, and storage space.
  4. Wide pathways:Traffic lanes 36 to 42 inches wide allow two people to pass each other without having to squeeze by. Source: ThisOldHouse

Don’t make the toilet the first thing you see when open the door
Ask a bathroom designer what his or her best tried and true tip is, and this is what you’re likely to hear. The reasoning is simple. Oftentimes bathroom doors get left open, meaning that you or any guest in your home walking by will see the toilet — which, come on, isn’t the most aesthetically pleasing thing to look at. If you’re hoping for a spa-like vibe, putting the john front and center in the design can sort of kill the mood as you’re transitioning into the room. So, what should you make the focal point? Anything but the toilet. Source: Houzz

The golden rules of bathroom renovations

  • Draw up a clear plan of the room to remodel, and make it to scale. This will be a great reference not only for you, but also for your subcontractors.
  • Estimate the approximate total cost of your renovation beforeyou begin your work. This includes quotes from workers, for materials, new fixtures (bath, shower, toilet, and faucets), furniture, decor and lighting.
  • Ask for at least two or three quotes from different workers.
  • Shop around for your bathroom fixtures. You’d be surprised how much you can save.
  • Prepare yourself for surprises and extra expenses along the way, especially if you decide to open up the space and remove walls.
  • Do not touch a load bearing wall without first consulting with an expert. Source: Yellowpages

Find top of the line fixtures that will surely fit in your new bathroom. Call us today!

 

Contact:
Perfect Bath
Phone: Toll Free 1-866-843-1641
Calgary, Alberta
Email: info@perfectbath.com

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Jerod Mayo Passes “Mayo Bowl” On To James White

At Boston Sports Then & Now, one of our longest traditions is attending the Mayo Bowl, Jerod Mayo’s fundraising event for Boston Medical Center. For the 8th straight year, we were able to get out to King’s at Legacy Place in Dedham to see some Patriots players and enjoy food and drinks. This year, however, [...]

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Tuesday, September 26, 2017

Current Mortgage Rates for Tuesday, September 26, 2017

The markets are waiting to hear Federal Reserve Chair Janet Yellen give a keynote speech today at a conference in Cleveland, Ohio. Investors are hoping for more clues about an upcoming rate hike decision, but there’s no guarantee they will get any. Depending on what Yellen ends up saying, we could see rates adjust this afternoon. Read on for more details.

Market Outlook 9.25.17 from Total Mortgage on Vimeo.

Where are mortgage rates going?

Rates holding ahead of Yellen speech             

Yesterday the markets reacted to mixed results in the German election as well as geopolitical concerns over statements out of North Korea. That created a slight risk-off scenario where investors moved out of stocks and into the perceived safety of government bonds.

Click here to get today’s latest mortgage rates (Sep. 26, 2017). 

With an increase in demand, Treasury prices rose and yields fell. The yield on the 10-year Treasury note (the best market indicator of where mortgage rates are headed) fell about three basis points.

Today, yields are little changed as financial market participants wait to hear from a handful of Fed officials, including Fed Chair Janet Yellen at 12:45pm. Yellen is giving the keynote speech at the NABE Annual Meeting to Assess Prospects for Growth in Shifting Global Economy, in Cleveland, Ohio.

There will also be an audience Q and A. While investors will certainly be tuning in to see what she has to say, there are no guarantees that anything of import will be stated.

We’re fresh off of an FOMC press conference and it’s quite possible that Yellen will refrain from making any further comments. Still, with a December rate hike firmly back on the table (about a 78% chance of happening according to the CME Group’s Fed Funds futures), the markets are looking for even the slightest of hints to solidify their certainty about that decision.

What does this mean for mortgage rates? In general, mortgage rates rise when the economic is performing well, so if the Fed Chair comes out further championing that the economy is strong enough for further rate hikes–that would almost certainly put upward pressure on mortgage rates.

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What does this mean for me?      

Lock now while rates are low

Mortgage rates are still not far off of 2017 lows. However, it is looking more and more likely that rates are going to move higher over the coming weeks. That means that borrowers who act sooner rather than later are likely to get the better deal.

To get the most accurate idea of what kind of rate we could offer, you should fill out our short form and get a personalized rate quote. Or, if you’d rather talk to someone, you can always call one of our experienced mortgage specialists.

They can walk you through the same process, clarifying any questions you may have, and let you know what your custom rate quote is.

Today’s economic data:        

S&P Case-Shiller HPI

The 20-city seasonally adjusted index rose 0.3% in July. The 20-city non-seasonally adjusted index rose 0.7% in July, putting it at a year over year change of 5.8%.

Fedspeak

  • Chicago Fed President Charles Evans at 9:30am
  • Fed Governor Lael Brainard at 10:30am
  • Atlanta Fed President Raphael Bostic at 12:30pm
  • Fed Chair Janet Yellen at 12:45pm

New Home Sales 

New home sales for August came in at an annualized rate of 560,00. That’s disappointing given that analysts had expected a pickup from the previous reading of 571,000 to 583,000.

Consumer Confidence      

Consumer confidence came in at a 119.8 for September. That’s slightly below the consensus for 120.2. There’s no denying that the recent hurricanes played a part in the decline, but the good news is that it’s still a strong reading.

Richmond Fed Mfg Index  

The Richmond Fed manufacturing index came in at a very solid 19. That’s well above the 13 that was expected.

Fun Fact of the Day:

When the mortgage industry first kicked off in America, most down payment requirements were 80%, and the typical term for a loan was between three and five years.

Notable events this week:          

Monday:                   

  • Fedspeak
  • Dallas Fed Mfg Survey

Tuesday:   

  • S&P Case-Shiller HPI
  • Fedspeak
  • New Home Sales
  • Consumer Confidence
  • Richmond Fed Mfg Index

Wednesday:   

  • Durable Goods Orders
  • Pending Home Sales
  • EIA Petroleum Status Report

Thursday:       

  • GDP
  • International Trade in Goods
  • Jobless Claims
  • Fedspeak

Friday:    

  • Personal Income and Outlays
  • Chicago PMI
  • Consumer Sentiment

Rates are still near 2017 lows. Contact us today to see if we can save you money on your home payments.    



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Monday, September 25, 2017

Current Mortgage Rates for Monday, September 25, 2017

A busy week filled with economic data and speaking engagements from central bankers is now underway. Right now, though, markets are taking their cues from the German election results, which came in with a few surprises. Read on for more details.

Where are mortgage rates going?             

Mortgage rates start the week lower 

The German election results are creating some mild ripples in global markets as we start the week. German Chancellor Angela Merkel secured a fourth term, however, her conservative party CDU/CSU had hoped for a more resounding victory, instead losing 8.5% of the vote from the prior election.

Click here to get today’s latest mortgage rates (Sep. 25, 2017). 

The big surprise of the night was the strong performance from the far-right nationalist party, AfD, which had the third most votes. Financial market participants were slightly concerned by the results and moved more into the safety of government bonds, pushing yields lower.

The yield on the 10-year Treasury note (the best market indicator of where mortgage rates are going) is down about three basis points right now. Mortgage rates typically move in the same direction as the 10-year yield, so there’s a slight downward trend at the moment.

Looking ahead to the rest of the week, we’ve got a decent amount of activity. There are a handful of economic reports and several speaking engagements from Fed officials, including Fed Chair Janet Yellen. The main action starts tomorrow and continues all through the week, providing ample opportunities for mortgage rates to adjust.

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What does this mean for me?      

Find out what your custom mortgage rate would be

Mortgage rates are moving lower to start the week. That’s good news for anyone who is looking to save money with a refinance or get a great deal on a new home. The long-term trend is still for mortgage rates to rise, so borrowers who act sooner rather than later are likely to get the better deal.

To get the most accurate idea of what kind of rate we could offer, you should fill out our short form and get a personalized rate quote. Or, if you’d rather talk to someone, you can always call one of our experienced mortgage specialists.

They can walk you through the same process, clarifying any questions you may have, and let you know what your custom rate quote is.

Today’s economic data:        

Fedspeak 

  • New York Fed President William Dudley at 8:30am
  • Chicago Fed President Charles Evans at 12:40pm
  • Minneapolis Fed President Neel Kashkari at 6:30pm

Dallas Fed Mfg Survey 

Production came in at a 19.5 for September, while the General Activity Index hit 21.3.

Notable events this week:          

Monday:                   

  • Fedspeak
  • Dallas Fed Mfg Survey

Tuesday:   

  • S&P Case-Shiller HPI
  • Fedspeak
  • New Home Sales
  • Consumer Confidence
  • Richmond Fed Mfg Index

Wednesday:   

  • Durable Goods Orders
  • Pending Home Sales
  • EIA Petroleum Status Report

Thursday:       

  • GDP
  • International Trade in Goods
  • Jobless Claims
  • Fedspeak

Friday:    

  • Personal Income and Outlays
  • Chicago PMI
  • Consumer Sentiment

Rates are still near 2017 lows. Contact us today to see if we can save you money on your home payments.    



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Saturday, September 23, 2017

Grocery Store Display Continues the Annhilation of the Falcons (PHOTO)

The Atlanta Falcons can run, hide, or try to “Rise Up” this season to wash away the living nightmare that was Super Bowl 51. However, Patriots fans (and those of the Panthers, Bucs & Saints) always like to remind the tortured souls of the ATL of their choke of biblical proportions….   Safe to say [...]

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Friday, September 22, 2017

Oak Flats – Plans, Prices, Availability

Artist rendering of southwest elevation for Oak Flats.

At a Glance

  • convenient South Vancouver location
  • 6-storey, woodframe residential building
  • 38 family-oriented condominiums
  • close to services, shopping, restaurants
  • near community centre, parks, top-ranked schools
  • easy access to Richmond, YVR airport, Highway 99
  • goal of LEED Gold standard

Aerial view of Oak Flats by Bold Properties.

Redefining Westside Living
This signature collection of exclusive residences capture the elegance of modern luxury, coupled with unparalleled design and finishes. Located in the heart of South Oak, Oak Flats sets a new standard for contemporary comfort in a neighbourhood you can easily call home.

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Oak Flats is ideally suited for families wanting to enjoy the convenience of urban living within the relaxed environment of a residential neighbourhood. David Lloyd George Elementary and Sir Winston Churchill Secondary, an International Baccalaureate School, are within walking distance, as is Oak Park with its community centre, daycare, grass playing fields, tennis courts, baseball diamond, and walking trails. A wide variety of shopping and leisure options is close at hand at Oakridge, Marine Gateway, Marpole Village, McArthurGlen Designer Outlet, or Richmond.

Pricing for Oak Flats
Pricing has not yet been made publicly available, however, we recommend you sign up to our VIP list above for priority updates.

Floor Plans for Oak Flats
Plans have yet to be finalized. The current development proposal is for 30 2-bedroom condos from 865 – 1,223 sq ft and four 3-bedroom residences on each of the top to floors from 1,327 – 1,342 sq ft. Contact me today to consider available options, prices, and plans.

Amenities at Oak Flats
On the main floor is a shared 616 sq ft amenity room with refrigerator, microwave, sink, dishwasher, and washroom. Directly outside is a 406 sq ft shared patio with childrens play area. Each ground floor home will have its own private patio ranging in size from 246 – 588 sq ft. On the roof are four landscaped decks, each with a fireplace.

Parking and Storage
Oak Flats will have 52 vehicle parking spaces contained in two levels of underground, of which five are for visitors and two are handicapped. There are also 48 Class A horizontal bicycle stalls underground and six Class B spaces at grade, near the main lobby entrance. Over 1,800 sq ft of additional storage, divided into 41 lockers, have been allocated on P2.

Maintenance Fees at Oak Flats
To be included with final purchase offer.

Developer Team for Oak Flats
Bold Properties is a real estate developer fueled by innovation, creativity, and the needs of their customers. They meticulously design their developments in order to construct, nurture, and foster new communities across the Greater Vancouver area. Bold challenges the notion of typical in an effort to bring you the newest and greatest in real estate without compromising on tradition or quality.

Gateway Architecture is a progressive, award-winning team with vast expertise in all aspects of residential and commercial architecture, and interior design. Projects include custom single-family homes, multi-family developments, retail centres, offices, restaurants, and sports facilities. Attention to detail and innovative design are evident in all their projects. Services include complete architectural services, full interior design services, space planning, display suites, sales centres, and furniture design.

Expected Completion for Oak Flats
To be announced.

Are you interested in learning more about other homes in the Cambie Corridor, Kerrisdale, or Kitsilano?

Check out these great Cambie Corridor Presales!

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The Residences at Nobel Park – Availability, Plans, Prices

A new Wesbrook Village development by Polygon Homes at UBC.

At a Glance

  • Wesbrook Village location beside UBC Farm
  • 14-storey tower, 5-storey low-rise, townhouses
  • 267 residences
  • top-ranked schools minutes away
  • new aquatic centre
  • Pacific Spirit Regional Park across the street
  • walking distance from UBC Farm farmers market
  • UBC Botanical Garden & Nitobe Japanese Garden
  • Museum of Anthropology

Aerial context for The Residences at Nobel Park.

An Inspiring Community
Welcome to the Residences at Nobel Park by Polygon, an inspiring community where academic excellence meets culture and natural beauty. Embedded in the award-winning master-planned community of Wesbrook Village at the University of British Columbia, this collection of contemporary apartment residences and concrete family townhomes is surrounded by green spaces, large playgrounds and a treed greenway for the enjoyment of residents. Just down the street, the village square is animated by a growing vibrant mix of restaurants, boutique shops and services offering unparalleled convenience.

Be A Presale Condo VIP!

Find Out About New Presales & Get Access to VIP Openings & Special Promotions!

Are you a realtor? Click here

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The Residences at Nobel Park is a stone’s throw from some of the country’s best public and private education institutions at every level. In addition to a wide spectrum of learning opportunities, the highly regarded university also encompasses a portfolio of amenities, such as the new Aquatic Centre featuring a competition pool, the celebrated Chan Centre for the Performing Arts, and the architecturally interesting Museum of Anthropology, to name just a few.

Eastern elevation of The Residences at Nobel Park.

Pricing for The Residences at Nobel Park
As this development is in pre-construction, pricing for The Residences at Nobel Park has not yet been finalized.

Floor Plans for The Residences at Nobel Park
The high rise will house a total of 146 suites — predominantly 2- and 3-bedroom units — with five penthouse suites. The low rise building has 1- and 2-bedroom + den units arrayed along a central corridor. This concrete building will contain 95 suites. On the western portion of the property are 26 townhomes. There are two types of townhouses: a) two storeys with four bedrooms and b) three storeys with three bedrooms. Subscribe to our VIP list above, so we can notify you as soon as the floor plans are available.

Water feature for The Residences at Nobel Park.

Amenities at The Residences at Nobel Park
Polygon has yet to release details of the amenities that will be available.

Parking and Storage
Underground parking will consist of 386 vehicle stalls, of which 27 are for visitors, 27 are handicapped, and 36 are equipped for electric vehicle charging. Bicycle storage will be provided in 362 spaces, as well as 16-stall bike racks for visitors.

Maintenance Fees at The Residences at Nobel Park
Similarly with pricing information, maintenance fees are forthcoming.

Developer Team for The Residences at Nobel Park
Since 1980, the Polygon family of companies has built more than 26,000 homes throughout the Lower Mainland, ranging from concrete high rises to wood-frame condominiums, townhomes and single-family communities. From this wealth of experience, Polygon has earned a trusted reputation placing it among the most highly-respected group of home builders in British Columbia. Long before ‘Going Green’ became trendy, Polygon made the commitment to build homes with an enduring connection to the land and the communities in which they do business. With their own sales, development, construction, and customer service departments all under one roof, Polygon is truly committed to serving their customers.

Award-winning Francl Architecture has primarily focused its work for both public and private clients within the City of Vancouver over the past 25 years, giving the firm an intimate knowledge of the evolution of the civic fabric and an awareness of its potentials. Their diverse portfolio reflects a commitment to an interactive design process that builds on a clear understanding of their clients’ and users’ needs.

Expected Completion for The Residences at Nobel Park
To be announced.

Are you interested in learning more about other homes in Point Grey, Kitsilano, or the Vancouver Westside?

Check out these great Kitsilano presale condos!

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Park West at Lions Gate – Prices, Availability, Plans

Rendering of Park West at Lions Gate in North Vancouver.

At a Glance

  • located at the gateway to North Vancouver
  • 19- & 23-storey highrises
  • 258 luxury condominium homes
  • part of master planned community
  • near Park Royal shopping
  • short bike ride to Stanley Park
  • Capilano River hiking

Aerial perspective from Curling Road of Park West at Lions Gate.

Luxurious Living on the North Shore
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 access to riverside hikes through Capilano Canyon.

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Building on its proximity to the Lion’s Gate Bridge, to frequent transit and commercial services, and to highly-valued parks and natural areas, a revitalized, pedestrian-oriented heart will be created at the centre of Lions Gate Village. Amenities will be concentrated at the Village core, including a community recreation centre, commercial and retail space, a community plaza, a daycare facility, a playground, and access to parks and trails. Surrounding the core will be a variety of housing options, making this neighbourhood appealing to all residents.

Pricing for Park West at Lions Gate
Pacific Gate has not yet made pricing details public. Sign up to our VIP list above to ensure you receive timely notices for Park West.

Floor Plans for Park West at Lions Gate
Park West will consist of 258 condominiums with the following mix:

  • 96 x 1-bedroom
  • 138 x 2-bedroom
  • 24 x 3-bedroom

I expect this outstanding development will attract keen interest from serious buyers. I recommend you Contact me today to discuss this opportunity in more detail.

Artist rendering of the plaza at Park West at Lions Gate.

Amenities at Park West at Lions Gate
Residents will enjoy the use of a piano lounge, gathering room, billiards room, drawing room, outdoor pool and deck, hot tub, TV lounge, chef’s kitchen, and fitness area. At the corner of Capilano Road and Marine Drive will be a public plaza and on Curling Road, a new pocket park. Commercial space will include a small grocery store, restaurant, retail space, and a daycare.

Parking and Storage
There will be approximately 485 parking spaces on two levels of underground.

Maintenance Fees at Park West at Lions Gate
To be finalized with pricing.

Developer Team for Park West at Lions Gate
Pacific Gate Investments is a local BC company specializing in development and construction. The partners of Pacific Gate have over 50 years of international experience and knowledge in real estate development and construction. Their goal is to develop a planning concept that meets the aspirations of the Official Community Plan and serves the needs of existing and future residents in the area.

Established in 1983, Rafii Architects is a Vancouver architectural firm offering comprehensive services in architecture, urban design, planning, and interior design. Rafii Architects provides client-focused consultation with a collaborative approach to each project. Their reputation is characterized by a proven ability to work with public officials and challenging client programs, while maintaining a timeless and refined design philosophy. Rafii’s extensive portfolio includes many well-received projects throughout the Greater Vancouver area, Vancouver Island, Alberta, and the US with particular recognition for high-rise residential and mixed-use projects.

Insight Design Group, an award-winning, Vancouver-based design firm, has been selected to create Park West’s luxurious interiors. Since 1995, Insight has been involved with some of the most successful developments throughout Canada. With a focus on residential, commercial and hospitality projects, Insight is committed to an enthusiastic approach encompassing design diversity, teamwork, fun, and passion with personal service to develop long-term relationships with their clients.

Expected Completion for Park West at Lions Gate
To be announced.

Are you interested in learning more about other homes in West or North Vancouver?

Check out these great North Shore Presales!

The post Park West at Lions Gate – Prices, Availability, Plans appeared first on Mike Stewart.



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