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Recently Sold Listing 310 - 7478 Byrnepark Walk, Burnaby, BC


R2233068 - 310 - 7478 Byrnepark Walk, Burnaby, BC, CANADAI have just recently sold this listing at 310 - 7478 Byrnepark Walk, Burnaby.

New Listing 2020 Shaughnessy Place, Coquitlam, BC


R2313190 - 2020 Shaughnessy Place, Coquitlam, BC, CANADAView my new listing for sale at 2020 Shaughnessy Place, Coquitlam and currently listed at $1,038,000.

Welcome to your dream home! Conveniently located in a safe & desirable area. This lovingly maintained and well kept home is waiting for you. The main floor is easily suited for a mortgage helper, with 1 bedroom, and a 2nd bedroom easily setup. There are new carpets in the living/dining and bedroom. The upper floor boasts hardwood floors in the living and dining areas, new carpets in the 2 bedrooms and new paint throughout. Attached to the master bedroom is a huge walk-in closet. The kitchen layout is ideal, with a huge island. The open concept kitchen adjoins the dining, which opens to the patio. Fantastic layout for family and entertaining! 4 min to Skytrain by car, close to bus & schools. Spacious fenced secure large backyard. Perfect for kids & pets, and BBQ. Open House Sat 1 Dec 1 - 3.

Recently Sold Listing 705 - 5189 Gaston Street, Vancouver, BC


R2307947 - 705 - 5189 Gaston Street, Vancouver, BC, CANADAI have just recently sold this listing at 705 - 5189 Gaston Street, Vancouver.

New Listing 705 - 5189 Gaston Street, Vancouver, BC


R2307947 - 705 - 5189 Gaston Street, Vancouver, BC, CANADAView my new listing for sale SOLD at 705 - 5189 Gaston Street, Vancouver and currently listed at $590,000.SOLD

Welcome to The MacGregor. This rarely available 2 bed 2 full bath well kept unit represents a GREAT VALUE, as well as an Excellent Investment! Why pay rent when you can Build EQUITY! This fabulous property is CLOSE to EVERYTHING! It is just steps from the Skytrain, Bus Terminal, Food, Shopping, Schools, Clinic, Community Centre & more. Just steps to the playground and Gaston & Melbourne Parks. You get easy access to downtown and UBC. Great views of North Shore mountains, City, and Gaston Park. One (1) secured parking and storage locker included. DON'T MISS THIS!

Recently Sold Listing 206 - 1148 Westwood Street, Coquitlam, BC


R2166325 - 206 - 1148 Westwood Street, Coquitlam, BC, CANADAI have just recently sold this listing at 206 - 1148 Westwood Street, Coquitlam.

New Listing 206 - 1148 Westwood Street, Coquitlam, BC


R2166325 - 206 - 1148 Westwood Street, Coquitlam, BC, CANADAView my new listing for sale SOLD at 206 - 1148 Westwood Street, Coquitlam and currently listed at $348,000.SOLD

Excellent location! See it before it gets snapped up! Well priced! This bright condo has a great floor plan. Quiet side of condo; very private. The bedrooms are on either side of the living area; very private for family or roommate. The master bedroom has a large closet and full ensuite bathroom. The kitchen has lots of counter and cabinet space and has easy access to the dining & living rooms. Gas fireplace in the living room. Good sized balcony. Very close to all amenities shopping, mall, restaurants, transport, library & Skytrain. Close to City Hall, City Centre Aquatic Complex, Community Centre, Lafarge Lake & Douglas College. Well kept building. Great unit! Call for private showing.

Recently Sold Listing 415 2990 PRINCESS CRESCENT, Coquitlam, BC


R2144829 - 415 2990 PRINCESS CRESCENT, Coquitlam, BC, CANADAI have just recently sold this listing at 415 2990 PRINCESS CRESCENT, Coquitlam.

Should You Rent or Buy Your Home?


What is a home anyway?  Some say it’s where your family is.  For some others, home is where the heart is.  In any case, your home is your safe haven; your castle!  Whatever the case, home is something that you form an emotional attachment to, some people more than others.

 

So how do you protect it, and does it matter whether you rent or own your home? One can find arguments to support either scenario of renting and buying your home. And as individuals, we each have our preferences. Listed below are some of the advantages and disadvantages of each scenario.

 

Advantages of Renting your Home

Advantages of Buying your Home

There is no need for a sizable down payment; and if you do have money for a down payment, investing it wisely may help you get a good return.

You don’t have a Landlord who may kick you out anytime

You can move to a different home with little notice if you do not like it or because of a new job

You are building equity as you pay off your mortgage; this helps you build wealth!

You don’t have to worry about maintenance, taxes and repairs, etc.

You are able to renovate and decorate your home however you wish

 

You could have an income stream if you rent out a spare bedroom, or a basement suite

 

If the housing market goes up, you stand to gain from your home. And the capital gains on your home (principal residence only) is tax free

 

Real property has been shown to not only be a good hedge against inflation, but also to provide good gains especially over the medium to long term

 

 

Disadvantages of Renting your Home

Disadvantages of Buying your Home

You cannot recover the cost of rental paid.

For most people, you are committed to a medium to long term investment.

You cannot control rental increases; there might even be increases when house prices remain stable or even decrease

You cannot count on a quick sale of your home if you need to move away to someplace else; e.g. new job, etc.

You may have to change furniture every time you move; a lot of spaces need specific-sized furniture or even customized ones

You need to pay maintenance and tax on your home as well as fix any problems that may arise.

You do not have the security of knowing that you can stay in the home long term, even if that’s what you want.

If the housing market goes down, you are exposed to a potential loss, if you need to sell.

 

So, you have to decide if renting or buying makes more sense for your situation.  And perhaps you should talk to a Realtor©, who is a real estate expert who can review your options and advise you.

 

Yes!  Home sweet home!  Let’s aim to keep it that way!

 

 



New Listing 512 - 65 First Street, New Westminster, BC


R2151779 - 512 - 65 First Street, New Westminster, BC, CANADAView my new listing for sale at 512 - 65 First Street, New Westminster and currently listed at $359,000.

Almost 1,000 sf! INVESTOR ALERT! NO RENTAL RESTRICTIONS! PET FRIENDLY! GREAT PROPERTY WITH FANTASTIC POTENTIAL! Kinnaird Place in Downtown New Westminster. Unit loacted at quiet side of building. Large master bedroom. Large balcony with view. Close to schools. Walk to Queens Park, Albert Crescent Park. Less than 10 min walk to Skytrain, amenities and shopping. 2 blocks from transit. Includes secured underground parking stall and storage locker. Pet friendly. Maintenance fees include Caretaker & Hot Water, etc. CALL NOW FOR SHOWINGS (require min. 24 hrs notice).

New Listing 206 - 1148 Westwood Street, Coquitlam, BC


R2141300 - 206 - 1148 Westwood Street, Coquitlam, BC, CANADAView my new listing for sale at 206 - 1148 Westwood Street, Coquitlam and currently listed at $320,000.

Excellent location! Rarely available! See it before it gets snapped up! Well priced! This bright condo with a great floor plan shows well. Quiet side of condo; very private. The bedrooms are on either side of the living area; very private for family or roommate. The master bedroom has a large closet and full ensuite bathroom. The kitchen has lots of counter and cabinet space and has easy access to the dining & living rooms. Nice gas fireplace in the living room. Good sized balcony. Very close to all amenities shopping, mall, restaurants, transport, library & Skytrain. Close to City Hall, City Centre Aquatic Complex, Community Centre, Lafarge Lake & Douglas College. Well kept building. Move in and enjoy.