New Listing 105 - 717 Breslay Street, Coquitlam, BC

R2378634 - 105 - 717 Breslay Street, Coquitlam, BC, CANADAView my new listing for sale at 105 - 717 Breslay Street, Coquitlam and currently listed at $489,999.

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!

New Listing 112 2274 FOLKESTONE WAY, West Vancouver, BC

R2378296 - 112 - 2274 Folkestone Way, West Vancouver, BC, CANADAView my new listing for sale at 112 - 2274 Folkestone Way, West Vancouver and currently listed at $1,399,000.

OPEN HOUSE THURSDAY, JUNE 20, 10-12 PM. 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 401 1412 ESQUIMALT AVENUE, West Vancouver, BC

R2378293 - 401 - 1412 Esquimalt Avenue, West Vancouver, BC, CANADAView my new listing for sale at 401 - 1412 Esquimalt Avenue, West Vancouver and currently listed at $899,000.

OPEN HOUSE SUN, JUNE 23, 12-2 PM. 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 629 Smith Avenue, Coquitlam, BC

R2377968 - 629 Smith Avenue, Coquitlam, BC, CANADAView my new listing for sale at 629 Smith Avenue, Coquitlam and currently listed at $2,849,000.

Zoning in the OCP - official community plan allows for RM-3 medium density. Up to 6 story wood frame or 8 story concrete. Walking distance to skytrain , shopping & schools. Start development today or keep as an investment property, since the home is so livable. All Development potential is to be confirmed by the Buyer with the city of Coquitlam.

New Listing 405 - 2012 Fullerton Avenue, North Vancouver, BC

R2377151 - 405 - 2012 Fullerton Avenue, North Vancouver, BC, CANADAView my new listing for sale at 405 - 2012 Fullerton Avenue, North Vancouver and currently listed at $535,000.

OPEN HOUSE SUN, JUNE 23, 10-12 PM. Sought after corner 2 bedroom in Woodcroft's popular Pemberton building. Apartment updates include deck flooring, light fixtures, closet organizers, B/I bookcase, shelving, & entry tiles. Well run Strata with many infrastructure updates including hot & cold water plumbing replacement, elevator rebuilding, roof replacement, common area renovations. Enjoy indoor pool, sauna/ hot tub, exercise rm, workshop. One parking & storage incl. On site property management and 24/7 security. Maintenance fee incl. elect, heat & hot water. RENTALS ALLOWED! Fantastic location, close to Lions Gate bridge, Park Royal & Downtown.

New Listing 329 8411 ACKROYD ROAD, Richmond, BC

R2374970 - 329 - 8411 Ackroyd Road, Richmond, BC, CANADAView my new listing for sale at 329 - 8411 Ackroyd Road, Richmond and currently listed at $448,000.

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. Lots of visitor parking spots for your quests, outdoor swimming pool, onsite caretaker! Rental pool is available

New Listing 27608 112 Avenue, Maple Ridge, BC

R2373143 - 27608 112 Avenue, Maple Ridge, BC, CANADAView my new listing for sale at 27608 112 Avenue, Maple Ridge and currently listed at $799,000.

Rare opportunity to own 5 ACRE property and build your dream home. 4 minutes walk to Whonnock Elementary, close to Garibaldi Secondary & private Meadowridge School. Selvey Park & Whonnock Lake, Triumph Fitness, Eighteen Pastures Golf Course & Woodlot bike fans park is just around the corner. This property being zoned RS-3 not in the ALR is a very hard find for property offered for sale in Metro Vancouver. Architectural plans to build 3,200 SF ft plus 3,000 SF basement are available. Building permit is APPROVED by the city hall. WELL is in place, clearing for building area and driveway completed.

New Listing 1604 2004 FULLERTON AVENUE, North Vancouver, BC

R2371927 - 1604 - 2004 Fullerton Avenue, North Vancouver, BC, CANADAView my new listing for sale at 1604 - 2004 Fullerton Avenue, North Vancouver and currently listed at $589,000.

OPEN HOUSE SUN, JUNE 23, 10-12 PM.Totally updated with stunning panoramic VIEWS of the water, city, Lions Gate Bridge from 16th floor South facing apartment. New SS appliances, quartz countertop, laminate flooring, designer lighting. Concrete construction and concrete building! Building offers great amenities that include an indoor swimming pool, sauna, whirlpool, gym & on site caretaker. Centrally located and close to Capilano Suspension Bridge & Grouse Mountain. Building has completed major upgrades including hot & cold water plumbing replacement, exterior balcony railing replacement, newer roof & refurbished elevators. HOT WATER & HEAT including into the maintenance fee.

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.