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New Listing 3215 Marine Drive, West Vancouver, BC


R2371156 - 3215 Marine Drive, West Vancouver, BC, CANADAView my new listing for sale at 3215 Marine Drive, West Vancouver and currently listed at $2,090,000.

A wonderful South facing totally rebuilt solidly constructed open plan modern home with partial ocean views even from the basement level. Located in the heart of West Vancouver's most sought after West Bay neighborhood, just steps to Radcliffe Beach & minutes to Dundarave Village. Renovation include new roof, high efficiency windows & Eco insulation, drywall, doors, blinds, plumbing, wiring, water pipes, water supply pipe line, high efficiency plus back up heating system. New engineered & hardwood flooring, modern kitchen with SS BOSCH appliances, LED lights, HRV & much more. West Bay Elementary prestigious catchment. Hurry to view this spectacular property.

B.C. says $5B laundered in housing market, pushing prices up 5%. Vancouver Homes.


A report that estimates $5 billion was laundered through British Columbia's real estate market last year also lifts the lid on the extent of illegal cash moving across Canada.

Overall, $7.4 billion was laundered in the province last year, $5b of which went through real estate. But the panel, led by former B.C. deputy attorney general Maureen Maloney, determined that money laundering is more prevalent in Alberta, Ontario and the Prairies than it is in Canada’s third-largest province.

“What this report makes clear is this is not an issue simply for B.C.,” Finance Minister Carole James said during a Thursday news conference. “This is an issue for all of Canada. This is an issue for all jurisdictions.”

James added that the B.C. government is prepared to take immediate action.

How the government will tackle the problem of money laundering remains to be seen, but it isn’t implausible to think that sweeping legislation could be on the horizon. Arguably more arduous than curbing money laundering is the process of restoring confidence in a real estate market that’s grown beyond the reach of most residents, especially in Vancouver.

Robert Mogensen, a broker with The Mortgage Advantage, hopes that the provincial government will be wary of further short-shrifting consumers.

“I think that oversight is a good thing, but I’m not a big fan of government intervention, as far as taxes and regulations on residents go,” he said. “But I’m behind the foreign buyer tax, for instance, and behind more oversight with regards to establishing the source of cash for down payments from offshore buyers.”

Mogensen, furthermore, believes one course of action the government should take is proscribing trust accounts.

There are thousands of specific properties worth billions at high risk for potential money laundering, German's report says.

“His findings are stark evidence of the consequences of an absence of oversight, the weakness of data collection, and the total indifference of governments until now to this malignant cancer on our economy and our society,” Eby said of German's report.

Portions of German's latest report were previously released, including on the limited police resources dedicated to fighting money laundering in B.C. and links to luxury vehicle sales and horse racing.

Eby said earlier this week he was shocked to hear some criminals laundering money through B.C.'s luxury car sector were getting provincial sales tax rebates when they sent the car out of the province.



New Listing 105 - 717 Breslay Street, Coquitlam, BC


R2368607 - 105 - 717 Breslay Street, Coquitlam, BC, CANADAView my new listing for sale at 105 - 717 Breslay Street, Coquitlam and currently listed at $499,999.

Tucked in a quiet residential neighbourhood. Simon by Otivo is your sweet spot in West Coquitlam with a highly walkable community blossoming around you. One bedroom apartment with inspired and comfortable modern interior, generous layout with 9’ ceilings & HUGE PATIO. Just a short five-minute walk from the new Evergreen Skytrain Line, discover all your favorite urban amenities including shopping, restaurants, pedestrian pathways and access to recreation all at your fingertips. RENTALS ALLOWED!

Recently Sold Listing 1101 - 1212 Howe Street, Vancouver, BC


R2351549 - 1101 - 1212 Howe Street, Vancouver, BC, CANADAI have just recently sold this listing at 1101 - 1212 Howe Street, Vancouver.

New Listing 401 - 1412 Esquimalt Avenue, West Vancouver, BC


R2367328 - 401 - 1412 Esquimalt Avenue, West Vancouver, BC, CANADAView my new listing for sale at 401 - 1412 Esquimalt Avenue, West Vancouver and currently listed at $949,000.

Totally renovated, lovely, bright 2 bedroom in so quite but central Ambleside. IN SUITE LAUNDRY, new stainless steel appliances, kitchen, flooring, LED lighting, updated bathroom with heated flooring, and what not... Steps to Ambleside Beach, seawall, new Earl's Restaurant & a host of other amenities is Hemingway Place, a quiet, in well maintained, concrete building with a stylish new lobby & two elevators. The suite views onto trees & the pretty courtyard garden below. Loads of storage here with floor to ceiling closets (3 closets in the hall alone!) & storage locker which should help quell your storage concerns. Ample space in living & dining rooms for a variety of furniture. Strata plan shows 972 SF.

New Listing 112 - 2274 Folkestone Way, West Vancouver, BC


R2367331 - 112 - 2274 Folkestone Way, West Vancouver, BC, CANADAView my new listing for sale at 112 - 2274 Folkestone Way, West Vancouver and currently listed at $1,449,000.

Extensively remodeled 2 bedr 2 bath luxury townhome with South facing private deck that boasts panoramic ocean, mountain & city VIEWS. Brilliantly re-designed residence that has been finished with a sophisticated & ultra stylish new modern interior featuring a wonderful specious floor plan, high ceilings, ample storage space, floor to ceiling NEW WINDOWS. Renovation include new SS appliances, flooring, kitchen, LED lighting, radiant heating in bathrooms & what not. A private location that is within minutes to transit, restaurants, medical services, Park Royal Shopping Centre, skiing at Cypress Bowl. Quick access to highways & Lions Gate Bridge allows an easy commute to surrounding destination including North Vancouver, Downtown Vancouver & YVR.

New Listing 329 8411 ACKROYD ROAD, Richmond, BC


R2365158 - 329 - 8411 Ackroyd Road, Richmond, BC, CANADAView my new listing for sale at 329 - 8411 Ackroyd Road, Richmond and currently listed at $459,888.

2 bedroom TOP floor apartment facing QUIET courtyard. Well maintained building in Central Richmond with walking distance to Richmond & Lansdowne mall, skytrain/Canada Line, Kwantlen University. HEAT, HOT WATER & one parking spot is included into the monthly maintenance fee. RENTALS ALLOWED! Lots of visitor parking spots for your quests, outdoor swimming pool, onsite caretaker!

Recently Sold Listing 304 - 225 Francis Way, New Westminster, BC


R2363298 - 304 - 225 Francis Way, New Westminster, BC, CANADAI have just recently sold this listing at 304 - 225 Francis Way, New Westminster.

New Listing 803 - 7388 Sandborne Avenue, Burnaby, BC


R2362973 - 803 - 7388 Sandborne Avenue, Burnaby, BC, CANADAView my new listing for sale at 803 - 7388 Sandborne Avenue, Burnaby and currently listed at $689,000.

Fully renovated 2 bedroom & 2 bathroom facing SW apartment in Mayfair Place. Updates includes new hardwood flooring, tiles, paint, kitchen & bathrooms with granite counter-tops, new SS appliances & much more. Enjoy the in suite laundry, exercise centre, hot tub & indoor swimming pool. Close to Edmonds Skytrain Station, Byrne Creek Secondary, Taylor Park Elementary School. Nicely updated condo in well maintained CONCRETE building!

New Listing 304 - 225 Francis Way, New Westminster, BC


R2363298 - 304 - 225 Francis Way, New Westminster, BC, CANADAView my new listing for sale SOLD at 304 - 225 Francis Way, New Westminster and currently listed at $424,900.SOLD

Spacious 1 bedroom in 'WHITTAKER' in Victoria Hill community across the street from Queens Park & just minutes to all New Westminster's amenities. Great safe location surrounded by greenspace in ONNI's master planned community w/restaurant, grocer & coffee shops. Shuttle picks you up in front of the building & will take you to Uptown New West, The Quay & skytrain. Features granite counters, laminate floors, insuite laundry & large master bedroom w/cheater ensuite & fireplace. Amenities include a gym, party room w/pool table, library, theatre, basketball court, beautifully landscaped backyard, on-site caretaker. Ecole Quaqyte Elementary, Fraser River Middle, New Westminster Secondary catchment. RENTALS ALLOWED! Call listing agent for more info.