Steve Baldwin

REALTOR®

Working with you EVERY Step of the Way! 

Cell: 604.317.7810 |

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New property listed at 202 1845 BELLEVUE AVE in West Vancouver.
The Mauna Loa is a boutique building with only 29 units. Seaside living steps to Ambleside waterfront, John Lawson Park, West Vancouver sea wall, shopping and restaurants. This adult oriented, 18+, complex has a gorgeous south facing outdoor pool and patio adjacent to a well appointed amenity room. This NW corner unit offers an open layout with water views to the west and mountain views as well. Recently updated laminate flooring, refinished kitchen cabinets and freshly painted throughout! Units in the Mauna Loa rarely come available and you have the comfort of knowing the building has had many upgrades and is a very well managed strata.
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New property listed at 5398 ESPERANZA DR in North Vancouver.
Spacious family home in a quiet and rarely available Canyon Heights cul-de-sac location on greenbelt! This home has been lovingly maintained. The main offers an open plan island kitchen with plenty of cupboard space, eating area with gas fireplace. Family room with vaulted ceiling and loads of windows that brings the outdoors in and leads on to a large deck! Living room with gas fireplace and separate formal dining room, 3 bedrooms and 3 full baths. The lower level offers a large recreation room with another fireplace, flex room, could be a 4th bedroom and full bath. Huge workshop, large storage area and laundry room complete the lower floor. Separate entrance and 2 car carport. Suite potential. Handsworth catchment.
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New property listed at 4245 MADELEY RD in North Vancouver.
A remarkable Family Home in prestigious Upper Delbrook. Perfect sunsets, harbour, ocean and Lions Gate views make for the ideal BBQ on your sun-drenched oversized deck off the family room. Completely renovated inc. 5 bdrms & 4 baths, walk-in closets, vaulted ceilings with custom skylights. Open plan kitchen is huge inc. breakfast island and eating area designed to capture the expansive views. Dining room is perfect for those large family gatherings, living room features lovely, cozy gas fireplace. At garden level is a bright furnished 1 bedroom registered suite rented at $1575. The grounds feature professionally designed manicured gardens, covered patio and hot-tub. This perfect family home awaits the fussy buyers. Call for all details.
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New property listed at 2 214 6TH ST W in North Vancouver.
Another Stunning project by CG Const & Castagno Dev. Directly on the Ottawa Gardens Parkway. An open floor plan duplex with over 2100 sq ft of the highest finishing standards. Main floor is wide open with party size kitch island and living area opening on to a 20x12 sunny patio. Above has 3 very generous bdrms with a spa-like mstr bath, below offers another bdrm plus spacious recroom. Radiant in-floor heat thru out, gas fireplace, hardwood floors, Kitchen Aid appliances. These duplexes are designed to compliment the "Eades Residence" which forms part of this new project, yester years charm with todays comforts. All this on a large sunny immaculately landscaped property. I dare you to compare!! Call for a Private showing.
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New property listed at 1 214 6TH ST W in North Vancouver.
Another stunning project by CG Const & Castagno Dev. Directly on the Ottawa Gardens Parkway. An open floor plan duplex with over 2200 sq ft of the highest finishing standards. Main floor is wide open with party size kitch island and living area opening on to a 20x12 sunny patio. Above has 3 very genergous bdrms with a spa-like mstr bath, below offers another bdrm plus spacious recroom & a complete bar. Radiant in-floor heat thru out, gas fireplace, hardwood floors, KitchenAid appliances. These duplexes are designed to compliment the "Eades Residence" which forms part of this new project, yester years charm with todays comforts. All this on a large sunny immaculately landscaped property. I dare you to compare!! Call for a private showing.
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New property listed at 212 6TH ST W in North Vancouver.
The complete resurrection of the "Eades Residence", a 1911 masterpiece brought back to its original glory. One of North Vancouver's most important heritage completely rebuilt. Sitting on the Ottawa Gardens Park, this home demands respect as it did as the original Ottawa Gardens Showhome. Taken down to the studs, its now been brought upto new code with all the modern features yet all of its charm kept intact. Main floor features a huge kitchen and dining room for those family Christmas gatherings, the masterbed above is massive but the city & water view even bigger. The mediaroom below with bar will make movie night special, plus a legal suite to help with the mortgage. This home will blow you away I promise, call for details.
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New property listed at 6 2160 EASTERN AVE in North Vancouver.
This is your opportunity to own a charming 3 level townhome in a rarely available 9 unit complex! East Point Lane is Brody-built & well-run with little turnover. Your bright 1,717 sq.ft. end unit is the largest in the complex & has an abundance of windows & many updates: gas f/p, hardwood, crisp white cabinetry, fresh paint and new carpet. The well designed floorplan incl: an eat-in kitchen, dining room, 2 generous bedrooms 3 bathrooms, a living room & a recreation room. The bottom level is perfect for a home office. Highly utilized outdoor spaces include: an oversize patio, a balcony, a lower level garden patio. Close to schools, recreation centre, green spaces & every amenity. Direct access to secured pkg. 1 cat or dog OK. Pristine and move-in ready. Immediate possession!
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New property listed at Lot 16 WICKENDEN RD in North Vancouver.
Great 9,700 SF building lot on a quiet cul-de-sac. Steps from Strathcona Park on the shores of Indian Arm. Gentle slope from front to back. East facing rear yard with pedestrian access to Strathcona Road and waterfront park. Outstanding opportunity to build your own custom home in a sought after location next to the waterfront and kids park.
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New property listed at 5398 ESPERANZA DR in North Vancouver.
Spacious family home in a quiet and rarely available Canyon Heights cul-de-sac location on greenbelt! This home has been lovingly maintained. The main offers an open plan island kitchen with plenty of cupboard space, eating area with gas fireplace. Family room with vaulted ceiling and loads of windows that brings the outdoors in and leads on to a large deck!. Living room with gas fireplace and separate formal dining room, 3 bedrooms and 2 full baths. The lower level offers a large recreation room with another fireplace, flex room, could be a 4th bedroom and full bath. Huge workshop, large storage area and laundry room complete the lower floor. Separate entrance and 2 car carport. Handsworth catchment.
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A controversial new tax aimed at curbing foreign speculation in British Columbia's red-hot housing market might actually hurt local homeowners more than anyone else, the province admitted Thursday.

 

According to the Ministry of Finance, about 32,000 properties are about to be hit with the so-called speculation tax on unrented second homes. Nearly two-thirds or about 20,000 of them are B.C.-owned.

 

Roughly 10,000 homes belong to foreign owners, while 2,000 are owned by Canadians from other provinces.

 

Liberal finance critic Shirley Bond called the numbers "disappointing" Thursday.

 

"From my perspective, this is an asset tax," she said. "After working very hard in this province and putting their resources into an asset, this government intends to focus on British Columbians."

 

The province, however, insists its target is speculators.

 

In March, Finance Minister Carole James said the levy is intended "to make sure that we get speculators who are using our housing market as a stock market out of the business."

 

On Thursday, she continued to say that 99 per cent of British Columbians won't pay.

 

"This tax is impacting people who have second or third or fourth homes in the least affordable communities in British Columbia," she said.

 

"We have to address the housing crisis. There are families in this province who have not even a hope of owning a home."

 

Locals who have to pay the fee will face a lower rate and receive a tax credit. That means they'll only pay a combined $60 million, while non-residents will pay $140 million, even though British Columbians make up more than 60 per cent of those taxed.

 

While those across the aisle acknowledge that speculation is a problem in the province, they say the tax isn't the way to solve it.

 

"It's time for the NDP to take a look at this and look at realistic, practical ways to actually deal with the actual speculators in this province," Bond said.

 

This isn't the first time that the levy has sparked controversy.

 

Weeks after it was introduced in the February budget, pushback from vacation communities across the province led the government to announce changes narrowing the scope of the tax, which applies to those who own a home they don't live in or rent out for a majority of the year.

 

As it stands, the tax will start at a base rate of 0.5 per cent of the property's assessed value in 2018. It will climb to 1 per cent for Canadians outside of B.C. and 2 per cent for foreign investors in 2019.

 

The levy will only apply to specific communities where the province says speculation is a significant problem.

These include:

  • Metro Vancouver Regional District (excluding Bowen Island and parts of Electoral Area A that aren't in the University Endowment Lands)
  • The Capital Regional District (excluding the Gulf Islands, Juan de Fuca, Willis Point, East Sooke Park and Matheson Lake Park)
  • Kelowna
  • West Kelowna
  • Nanaimo-Lantzville (excluding Newcastle, Protection and smaller islands in Departure Bay)
  • Chilliwack
  • Abbotsford
  • Mission

The tax is expected to become law this fall.

 

Article from CTV Vancouver - May 17th

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New property listed at 202 1845 BELLEVUE AVE in West Vancouver.
The Mauna Loa is a boutique building with only 29 units. Seaside living steps to Ambleside waterfront, John Lawson Park, West Vancouver sea wall, shopping and restaurants. This adult oriented, 18+, complex has a gorgeous south facing outdoor pool and patio adjacent to a well appointed amenity room. This NW corner unit offers an open layout with water views to the west and mountain views as well. Recently updated laminate flooring, refinished kitchen cabinets and freshly painted throughout! Units in the Mauna Loa rarely come available and you have the comfort of knowing the building has had many upgrades and is a very well managed strata.
Read full post

New property listed at 202 1845 BELLEVUE AVE in West Vancouver.
The Mauna Loa is a boutique building with only 29 units. Seaside living steps to Ambleside waterfront, John Lawson Park, West Vancouver sea wall, shopping and restaurants. This adult oriented, 18+, complex has a gorgeous south facing outdoor pool and patio adjacent to a well appointed amenity room. This NW corner unit offers an open layout with water views to the west and mountains views as well. Recently updated hardwood flooring, refinished kitchen cabinets and freshly painted throughout! Units in the Mauna Loa rarely come available and you have the comfort of knowing the building has had many upgrades and is a very well managed strata. Open Saturday / Sunday 2:00 to 4:00
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A down payment on an "affordable" Toronto condo could buy you a whole house in the Maritimes.

 

Woe be the millennial homebuyer in Canada.


Things were hard enough in recent years, with house prices rising rapidly in many cities, but a new report from Royal LePage highlights just how much tougher buying a home has become in recent months.

 

The federal government's new mortgage rules, instituted at the start of the year, have reduced the buying power for a "peak millennial" by about $40,000, the report said, reducing the mortgage they can get by 16.5 per cent.

 

Woe be the millennial homebuyer in Canada.

Things were hard enough in recent years, with house prices rising rapidly in many cities, but a new report from Royal LePage highlights just how much tougher buying a home has become in recent months.

 

The federal government's new mortgage rules, instituted at the start of the year, have reduced the buying power for a "peak millennial" by about $40,000, the report said, reducing the mortgage they can get by 16.5 per cent.

 

Working couples have a better shot at getting in the market, with a maximum price of around $406,000 for the average duo, Royal LePage noted. And pairing up isn't the only way millennials are using to get into the market.


"In major cities across Canada, a growing number of peak millennials will save, pool their money with a partner and/or borrow funds from their parents, many of whom are downsizing in retirement and can financially contribute to their child's first home purchase," the report noted.

 

For those discouraged by the astronomical prices in Toronto and Vancouver, the report points out there are far more affordable places to buy homes in Canada.


"A peak millennial can purchase a home in Moncton, New Brunswick for the cost of the 20 per cent down payment on a home in the market segment accessible to them in the Greater Toronto Area or Greater Vancouver."


Among Canada's major cities, there are major disparities in how much home a typical millennial couple can afford, from a high of nearly 1,800 square feet in Halifax, to a low of 788 square feet in Vancouver:

 

 


But how is a millennial even supposed to get into the market these days?


"My advice is start small," said Tom Storey, a sales rep with Royal LePage Signature Realty in Toronto.


"Get that condo, start paying it down. If the appreciation keeps going at the rate we've been having, this gives you the opportunity to trade up," he told HuffPost Canada.


Not enough young homebuyers in the years to come


But not everyone believes the price hikes Toronto, Vancouver and some other places have seen in recent years will continue in the years to come — and that's because there might not be enough millennials to keep pushing the market upwards.


Bank of Montreal senior economist Sal Guatieri recently said Canada's housing market potentially faces a decade of stagnation, as the population in the first-time home-buying age range slows in growth in the coming years. By the 2020s, "peak millennials" will be past first home-buying age, and this population could be shrinking, just as it did in the 1990s, when housing markets in Canada stagnated for years.


"We will see a much more sedate housing market over the next decade than we have seen over the past decade," he told HuffPost Canada last month.


Simply put, if you get into the market today, don't expect the home you buy to rise in value like your parents' homes did. Sorry, millennials — you get the short end of the stick on that one, too.


Hufftington Post - Daniel Tencer April 26th, 2018

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New property listed at 212 6TH ST W in North Vancouver.
The complete resurrection of the "Eades Residence", a 1911 masterpiece brought back to its original glory. One of North Vancouver's most important heritage completely rebuilt. Sitting on the Ottawa Gardens Park, this home demands respect as it did as the original Ottawa Gardens Showhome. Taken down to the studs, its now been brought upto new code with all the modern features yet all of its charm kept intact. Main floor features a huge kitchen and dining room for those family Christmas gatherings, the masterbed above is massive but the city & water view even bigger. The mediaroom below with bar will make movie night special, plus a legal suite to help with the mortgage. This home will blow you away I promise, call for details.
Read full post

New property listed at 2 214 6TH ST W in North Vancouver.
Another Stunning project by CG Const & Castagno Dev. Directly on the Ottawa Gardens Parkway. An open floor plan duplex with over 2100 sq ft of the highest finishing standards. Main floor is wide open with party size kitch island and living area opening on to a 20x12 sunny patio. Above has 3 very generous bdrms with a spa-like mstr bath, below offers another bdrm plus spacious recroom. Radiant in-floor heat thru out, gas fireplace, hardwood floors, Kitchen Aid appliances. These duplexes are designed to compliment the "Eades Residence" which forms part of this new project, yester years charm with todays comforts. All this on a large sunny immaculately landscaped property. I dare you to compare!! Call for a Private showing.
Read full post

New property listed at 1 214 6TH ST W in North Vancouver.
Another stunning project by CG Const & Castagno Dev. Directly on the Ottawa Gardens Parkway. An open floor plan duplex with over 2200 sq ft of the highest finishing standards. Main floor is wide open with party size kitch island and living area opening on to a 20x12 sunny patio. Above has 3 very genergous bdrms with a spa-like mstr bath, below offers another bdrm plus spacious recroom & a complete bar. Radiant in-floor heat thru out, gas fireplace, hardwood floors, KitchenAid appliances. These duplexes are designed to compliment the "Eades Residence" which forms part of this new project, yester years charm with todays comforts. All this on a large sunny immaculately landscaped property. I dare you to compare!! Call for a private showing.
Read full post

New property listed at 6 2160 EASTERN AVE in North Vancouver.
This is your opportunity to own in a rarely available 9 unit complex! Centrally located in the Lonsdale corridor with every amenity at your doorstep. This attractive bright end unit offers immediate possession. Built by Brody construction, this 1,717 sq.f t. townhome has two large bedrooms, 3 bathrooms, an abundance of windows and many updates throughout all 3 levels. Enjoy the open plan kitchen and eating area with access to barbecue on your balcony. Great outdoor space with an oversized patio on the ground level plus a small garden area and patio from your recreation room on the lower level. Hardwood flooring throughout dining and living room. New Carpet. Direct access from underground secured parking. Make it yours! OPEN HOUSE Saturday April 14 and Sunday April 15th 2pm to 4pm.
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Maybe this will end all those “renovictions.”

 

The slowdown in Canada's residential real estate market may now be spreading to the rental market, with rents falling in many cities after a prolonged period of rapid growth.

That could be good news for renters in Toronto and Vancouver, where rents were rising at double-digit rates in recent years, and where few vacant apartments can be found.

 

According to data from rental site Padmapper, the average one-bedroom apartment in Toronto fell by 4.4 per cent in February, to an average of $1,970. Two-bedroom units fell by 2 per cent to an average of $2,500.

 

Prices for one-bedroom apartments also fell in Calgary, Montreal and Quebec City. They were flat in Ottawa and Edmonton, and rose slightly  by 0.5 per cent  in Vancouver.

 

That's not to say apartments are suddenly more affordable; in many cities, prices are still considerably higher than they were a year ago.

 

In Toronto, which has seen the strongest price growth of any city in the past year, one-bedroom units are still 15.9 per cent more expensive than a year ago, Padmapper's data shows.

It's common for the rental market to slow down in the winter months, but it "just seems to have hit harder this year than previous years," a Padmapper spokesperson told HuffPost Canada.

 

"The recent slowdown in home sales could definitely be a factor in this, but as the months warm up and more people start to move, that is when we will see if rental rates are actually softening (compared to) previous years' hot markets."


A slowdown in price growth would be welcome relief to tenants, especially in Toronto and Vancouver, where apartment vacancy rates have fallen to absurdly low levels  1 per cent and 0.7 per cent, respectively, according to the latest estimates from Canada Mortgage and Housing Corp.


That lack of rental housing supply is beginning to have noticeable social consequences. In Vancouver, news reports suggest a growing number of people are living in their cars.


Article from Huffington Post - Daniel Tencer


In Toronto, tenants are starting to confront landlords over "renovictions"  the phenomenon of building owners pushing out tenants in order to renovate apartments and then rent them out at much higher rates.


Ontario's housing minister, Peter Milczyn, said this week he wants to limit renovictions, and will review the province's tenant act "to see if changes need to be made."


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The year’s most-read news stories take in the BC election, the mortgage stress test and some diverging market predictions


In a year of market uncertainty, various government interventions and a provincial election, REW’s News + Trends category saw more clicks than ever before. But what were the hottest of all those hot topics? Here’s our countdown of our five most-clicked News + Trends stories of the year…

5. “Stress Test” for All Mortgages to Launch in New Year

The fifth most-read news story of 2017 was the announcement of the dreaded “stress test” qualification rules being extended to all new mortgage applicants. The test had already been applied to applicants for insured mortgages (less than 20% down payment) in the fall of 2016, but fears that even those buyers with 20% down payment or more were overstretching themselves – and putting banks at risk – led to the much-anticipated announcement in October 2017. There was a lot of pushback, with some decrying the decision as likely to make things worse.

4. NDP Plans 2% Yearly Tax for Non-Resident Home Owners

The only provincial election story to hit our top five most-clicked is this pre-election piece about a key NDP housing promise. The eventually victorious party pledged that if it were to gain power, it would impose a 2% tax on owners of Vancouver homes who do not pay Canadian income taxes (with many exemptions for non-taxpaying locals). As of December 2017, there’s no sign of any such tax so far, but it’s still early days.

3. New Mortgage Rules Set to Further Cool Markets Up To 10%

The second of two stories on the new stress test, this one anticipates the October confirmation about the new policy, with TD Bank predicting that it could cool the housing market. The reduction in buyers’ purchasing power could be as much as 20%, and with some markets already seeing a slowdown, the new rules could exacerbate any price corrections, said the bank. We’ll see in the first part of 2018 whether TD’s number-crunchers were right…

2. Vancouver Housing Market “Ain’t Seen Nothing Yet”

One of two prediction stories about Vancouver’s housing market in these rankings, this piece was more of a warning than an optimistic outlook. At an industry event, leading real estate marketer Cameron McNeill from MLA Canada warned that the relatively slow rate of new home construction combined with increased demand and population growth meant that Vancouver was “dancing on the edges of a massive problem” in housing supply. What does this mean for market activity and home prices? “We ain’t seen nothin’ yet,” McNeill warned. The article that covered his comments obviously rang our users’ alarm bells, as it was the year’s second most-read News + Trends story.

1. 2017 Vancouver and BC Real Estate Market Outlook

Our top story of the year was also our first story of the year. This January 3, 2017 article was a round-up of market predictions from various industry groups and Big Banks – some of them bullish, some less so. Most predicted a drop in home sales compared with the frenzy of early 2016 – correctly, as it turns out. But the overall consensus that Vancouver and BC home prices would lose ground turned out to be inaccurate – only Central 1 was correct, in that home prices in fall of 2017 would be higher than a year previously. This story was popular right off the bat in January, but readers also kept coming back to it throughout the year – perhaps to see whose predictions had been right…

 

Original Article HERE

Joannah Connolly

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New property listed at 1893 BOWSER AVE in North Vancouver.
Beautifully updated, Mid century post and beam. Nestled in a quiet cul-de-sac next to the Bowser Trail and greenbelt. Wonderfully private. Back yard, with patio is perfect for entertaining or just relaxing and listening to the birds. A level piece of property in a terrific traffic calmed neighborhood. This home boasts plenty of updates. Gourmet kitchen, granite countertops, Fisher and Paykel Gas cooktop & fridge. Wall oven and an enormous amount of custom cabinetry. This home makes efficient use of space with "a place for everything". Plenty of custom built-in shelves, cupboards and cabinetry ensure an uncluttered living space. Skylights allow for natural lighting adding to the open feel of this home. Beautiful hardwood flooring, cozy gas fireplaces. High walk score. Capilano IB catchment.
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