Super excited for my client, who is a first-time home buyer, and he was able to purchase a condo in Kitsilano!  We submitted a competitive offer and we beat several parties.  This is a great property in an established neighbourhood and everything is within walking distance.  Congratulations, S.T.!  :)

SOLD last week and got my clients a record breaking price per sqft in the building! Congrats to my sellers L, M & P and you were a delight to work with! 

Thank you everyone for following, liking and sharing our social media posts! Here are the lucky winners to 1 of 4 $25 gift cards to Amazon, Starbucks, or Tim Hortons: 
@shannoncont - Twitter retweet
@vancitydrinks - Instagram like
@ashleyyclee - Instagram like
@nursechinny - Instagram like

Thanks again and please stay tuned for our next giveaway!

A major Chinese bank has obtained a court order in B.C. freezing the assets of a businessman accused of fleeing China and buying "luxury" Lower Mainland homes after defaulting on a $10 million loan.

In an application brought before a B.C. Supreme Court judge last week, lawyers for China CITIC Bank claim Shibiao Yan and his wife bought more than $8 million worth of properties in Surrey and Vancouver over a three-month period beginning in June 2014.

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Vancouver’s Mayor says the city is forging ahead with taxing empty homes, with or without the province’s support.  Gregor Robertson says the punitive tax would boost rental supply at a time when there’s almost no vacancy and a crunch on affordability.  He says the first and preferred option is for the provincial government to create a new “residential vacant” property class through BC Assessment.

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Views! Come visit me at my open house with unobstructed views!

WHERE:  #1202-289 Drake Street, Vancouver, BC 
WHEN:  Sat & Sun, June 18 & 19 from 2-4PM
WHAT:  2 Bed + Den, 2 Bath, 1,223 sqft
LIST PRICE:  $1,068,000
MLS #:  R2079482

Welcome to Concord Pacific's Parkview Towers in Yaletown. Rarely available 02 floor plan (1,223 sqft) provides unobstructed, spectacular views of David Lam Park in both bedrooms, den, living room, & dining room. Located across from David Lam Park, one block from a Canada Line Station, walking distance to schools, & only steps from all that Yaletown has to offer! Large master bedroom with California closets. Kitchen includes newer appliances, granite countertops & a large pantry for storage. Oversized underground storage locker & parking included. Rainscreen and new windows updated in 2007 with some remaining warranty left. No pets allowed, but rentals allowed on a 3-month minimum term.

More than 90 per cent of all detached homes in Vancouver are now worth more than $1 million, up from just 19 per cent a decade ago, a new study by a local urban planner has found, showing how rapidly housing prices have escalated in the Canadian city.

The biggest jump came in the last two years, with the proportion of million-dollar homes in the city climbing to 91 per cent in 2016 from just 59 per cent in 2014, according to the study by Andy Yan, acting director of Simon Fraser University's City Program.

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Most Vancouverites are likely aware that a single-family house for less than $1 million is about as scarce as a unicorn.

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Kitchen and dining room in 1-bedroom and 2-bedroom units at Hillside West at CONCORD BRENTWOOD (new Yaletown in North Burnaby).  The colour scheme is sunrise chiffon.

Kitchen in 3-bedroom units at Hillside West at CONCORD BRENTWOOD (new Yaletown in North Burnaby).  The colour scheme is evening silk.

Please message me if you're interested in this development as I have VIP Access.

The next giveaway is here! This time we're offering FOUR, $25 gift cards to Amazon!  Please like for one ballot, two for a share! Winners will be drawn on April 29, 2016. 

Please add me on Facebook or follow me for upcoming contests and promotions!  For more chances to win, please like for one ballot or two for every retweet on instagram and twitter: 

Facebook:  sterlingwongrealty 

Instagram: sterlingwongrealty 

Twitter: sterlingnwong 

NAVÍO at The Creek is one of Vancouver’s most desirable neighbourhoods.  Overlooking a 2.7-acre park and Seawall in Southeast False Creek, these two buildings offer 177 homes – including the largest selection of Parkside Homes over 900 ft² and 18 townhomes. 

NAVÍO premium homes offer urban refinement and room to breathe. To accommodate the full spectrum of life’s occasions, the large, open floorplans make brilliant use of space. The colour palette and rich natural materials are inspired by the waterfront and park setting. Large windows bathe your rooms in sunlight and air-conditioning enhances your comfort. Celebrate outdoor living all year round with generous balconies, terraces and patios sized for entertaining.

Link to the website:  NAVÍO at The Creek

A sophisticated collection of 26 Westside townhomes coming soon. This new community will include 3 bedroom townhomes located along Granville Street, between West 58TH and West 59TH Avenue. Set in an established Westside neighbourhood, this addition to the Intracorp Townhome Collection.

Inside, the meticulous attention to detail continues. The kitchen with its fully integrated paneled Bosch appliances, stone countertops, real wood veneered cabinets, and built-in custom credenza or pantry millwork has an understated sophistication.  Living spaces with room for full-sized furniture. Private direct access to your home from the underground parking. Oversized and voluminous storage.  Attractive roller blinds on windows and French doors.  Plus, a Unico heating and cooling system to help maintain the perfect temperature in your home year-round.  Enjoy the latest in smart home technology with an integrated automation system by La Scala.  A Nest WiFi thermostat, wireless lighting control and prewiring for motorized shades.

Located on Granville Street between West 58th and 59th Avenue in Vancouver 

Link to the website:  7430 - 7488 Granville

Calla, the latest innovative development from Townline, offers a rare opportunity to live in a mid-rise concrete condominium located beside a 12-acre natural park in convenient South Richmond.

Along with the abundance of natural beauty, Calla is perfectly situated in a unique master-planned urban village known as The Gardens. This self-contained community features walkable tree-lined streets, a robust community garden, and a bounty of quality shops and services, including a Loblaws City Market located just steps from your door. Calla offers luxurious indoor and outdoor living with air conditioning, spacious balconies and sweeping picturesque views overlooking the park.

Life at Calla includes access to The Gardens Club, a 6,000-square-foot amenity complex with an indoor gymnasium for sports enthusiasts, a fitness centre with state-of-the-art equipment, and a conference room for meetings and social events. Clearly, Townline saved the best for last with Calla at The Gardens.

Link to the website:  Calla at The Gardens

Real Estate Board of Greater Vancouver (REBGV) reports that last month's residential property sales decreased 0.3% compared to April sales.  

REBGV's President said, "Home sellers are becoming more active in recent months, although that activity is being outpaced by home buyer demand today.  Economic and job growth in Metro Vancouver is out performing most regions in the country.  This is helping to underpin today's activity."

For more in-depth information on May's market, please click:

Greater Vancouver:  REBGV May 2016 Stats Package

Fraser Valley:  FVREB May 2016 Stats Package

21 modern and spacious townhomes at the Hanna - Mount Pleasant's most vibrant and eclectic neighborhood.  Stylish interiors and well designed 1, 2 and 3 bedroom homes with full size stainless steel appliances and premium engineered hardwood floors throughout.  Carpet in bedrooms.  Gas cooktop, quartz countertops, large soaker tubs, underground secured gated parking.  2-5-10 Guarantee Home Warranty.  Two designer colour scheme to choose from by Trent Interiors. 

Located on East 16th Avenue between St. George Street and Caroilne Street in Vancouver

Link to the website:  Hanna Townhomes

Being home at Frances means you always feel like there’s space to be where you are and go where you’re going. The high ceilings and open concept units give you a deep-breath experience of space and light. Built-in appliances with wood panelling lets your full-size fridge and stove blend in seamlessly with the minimalist oak cabinetry. The contemporary design palette is made up of more than colours; its recipe includes clean lines and cool tones, warm wood, sleek bronze lacquered cabinetry, polished Caesarstone quartz countertops, and relaxing bathrooms with deep soaker bathtubs and mosaic ceramic tiling that all come together with intelligence and intention.

Frances’ interiors envision what a family home looks like now: with generous countertop space, storage space, Italian-inspired kitchens, matte-finish hardwood floors, and 100% wool carpets, it is clear that family life can prioritize both quality of materials and quality of life.

Located on Frances Street and Victoria Drive in Vancouver

Link to the website:  Frances Townhomes