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Recently Sold Listing 3207 - 2388 Madison Avenue, Burnaby, BC


R2449367 - 3207 - 2388 Madison Avenue, Burnaby, BC, CANADAI have just recently sold this listing at 3207 - 2388 Madison Avenue, Burnaby.

New Listing 3207 - 2388 Madison Avenue, Burnaby, BC


R2449367 - 3207 - 2388 Madison Avenue, Burnaby, BC, CANADAView my new listing for sale SOLD at 3207 - 2388 Madison Avenue, Burnaby and currently listed at $798,000.SOLD

Welcome Home. This North-facing home boasts breathtakingly panoramic views of the North Shore Mountains, city (including downtown Vancouver) and Water. This unit rises above neighboring buildings for the spectacular views, which you can enjoy from the large balcony! Probably the best floor open floor plan, with Living and Dining rooms separating the 2 bedrooms. Gourmet kitchen with all the modern appliances, built-in and color-coordinated e.g. fridge, dishwasher. Boasts a great gas range for the serious chefs. A large functional island completes the well-designed kitchen. The fit & finish is impeccable. 28,000-sf resort-style amenities include gym, pool, sauna, Guest Suite. Walk to Gilmore & Brentwood skytrain stations, Brentwood Mall, shopping, groceries, restaurants. Don't miss this!

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!