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Coquitlam Pre-Sales Market: A Hotspot for Buyers Amid Housing Challenges

The Coquitlam pre-sales market is facing a unique set of challenges, from high interest rates to shifting buyer preferences. Despite these hurdles, Coquitlam pre-sales remain strong, attracting attention with their diverse housing options and increasing densification. If you're considering investing in a new home, Coquitlam's pre-sales market presents compelling opportunities.

Coquitlam Pre-Sales Project

Why Coquitlam?

Coquitlam West continues to be one of the most in-demand neighbourhoods, thanks to its strategic location, growing infrastructure, and mix of housing options. Currently, there are 31 active projects, including:

  • 17 condo-only projects

  • 10 townhome-only projects

  • 3 condo and townhome projects

  • 1 single-family detached project

With this variety, buyers can find options suited for both investment and primary residence needs.

Coquitlam Pre-Sales Project

Top Pre-Sale Projects in Coquitlam

For those looking to purchase in Coquitlam, here are some standout projects with attractive incentives:

  • Heartwood – 81 three- to four-bedroom townhomes, offering a 5% total deposit on the initial release.

  • Botanica – One- to three-bedroom townhomes and condos, requiring just $10,000 due upon signing.

  • Söenhaus – One- to three-bedroom condos with a 5% advantage programme—buyers can choose between a 5% deposit or earning 5% interest on their deposit.

  • Florin – Studio to four-bedroom townhomes and condos, requiring only a $5000 deposit initially.

  • Harriswood – 59 studio to three-bedroom townhomes, offering discounts up to $70,000 for a limited time.

Coquitlam Pre-Sales Project

Coquitlam’s Buyer Trends

Buyers in Coquitlam are showing a clear preference for low-rise, family-sized homes, as high-rise condo engagement declines. With affordability concerns and changing market conditions, larger living spaces are becoming a priority.

If you’re considering a Coquitlam pre-sale, now is an excellent time to explore your options. For more information on any condo or townhouse project, contact Jared Gibbons, a real estate agent with over 10 years of experience. He will guide you and help you find exactly what you're looking for.

Coquitlam Pre-Sales Project

 

 

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New Government Plans to Waive GST On New Homes Under $1.3M

Pierre Poilievre Proposes GST Exemption to Boost Housing Affordability

Pierre Poilievre, leader of the Conservative Party, has proposed removing the GST on new homes under $1.3 million. This GST exemption on new homes is part of his housing plan if elected in the upcoming federal election. The proposal aims to make housing more affordable for middle-class Canadians. This is especially important in cities like Vancouver and Toronto, where housing prices remain high. Learn more about the full proposal on Pierre Poilievre's official website.

A More Ambitious Plan Compared to the Current Government

This announcement comes shortly after interim Prime Minister Mark Carney proposed a similar GST relief. However, Carney's version applies only to first-time buyers purchasing homes under $1 million. Poilievre’s plan goes further. It offers the GST removal on new homes for all buyers, up to $1.3 million. According to Storeys, this could save buyers up to $65,000 per purchase. It could also lower mortgage payments by around $3,000 per year.

Impact on Housing Supply and Developers

Besides the GST cut on new homes, Poilievre wants cities to speed up housing approvals, lower development fees, and unlock more land for building. His goal is to add 36,000 new homes each year and generate $2.5 billion in tax revenue from the construction industry.

Developers and builders welcomed the GST waiver for new homes. Many agree that the threshold reflects the reality of today’s market. In cities like Toronto and Vancouver, even starter homes exceed $1 million. The Residential Construction Council of Ontario (RESCON) supported the move, highlighting its potential to offer real relief to buyers.

Concerns About Funding and Long-Term Effects

Some experts question the impact of canceling programs like the Housing Accelerator Fund to fund the tax cut. They argue that improving these programs might be more effective for long-term supply. If you want to learn more about GST’s role in housing prices, you can visit CMHC's GST guide for developers.

How Could This Affect Buyers Directly?

For example, a $1.25 million home could instantly drop by approximately $62,500 thanks to the GST exemption on new homes. This could make homeownership more achievable for many Canadians. However, the final impact will depend on whether Poilievre wins and implements the plan.

✅ Have Questions? Contact Jared Gibbons, Your Experienced Real Estate Agent

If you have any questions about how the GST exemption on new homes could impact your next home purchase or investment, don't hesitate to reach out. Jared Gibbons, a real estate agent with over 10 years of experience, will help you understand the process and find exactly what you're looking for.

 

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SOLD! Development Property in Maple Ridge – Prime Investment Opportunity

This Sold Development Property in Maple Ridge was a rare investment opportunity! This 16,137 sq ft lot in the heart of Maple Ridge has now been secured by a new owner. Its sale highlights the strong demand for real estate in this growing community. The property featured a 2-bedroom, 1-bathroom bungalow built in 1910. The home had 1,289 sq ft on the main floor plus an additional 1,215 sq ft of finished basement space. It offered great rental income or redevelopment potential.

Prime Location with Excellent Amenities Nearby

This sold development property in Maple Ridge was ideally located near top amenities. It was close to schools, shopping, dining, and recreation. Some key places nearby include:

A Thriving Market for Investors

Located in a fast-growing neighborhood, this sold development property in Maple Ridge had excellent frontage and zoning flexibility. It was a prime candidate for future projects (subject to city approval). The successful sale of this lot proves that demand for development opportunities in Maple Ridge remains strong.

Looking for a Similar Investment Opportunity?

Now is the perfect time to explore development properties, investment lots, and real estate opportunities in Maple Ridge. Contact Jared Gibbons, a trusted real estate agent, who will help you find exactly what you're looking for! Whether you want to invest, develop, or find your dream home, Jared is ready to assist you.

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Just Sold! Thriving Coin Laundry Business in Prime Richmond Location

A thriving business opportunity in the heart of Richmond has just found its new owner! This well-established coin laundry business in Richmond, located at 110 8040 Garden City Way, was a fantastic investment opportunity thanks to its prime location and steady customer base. Nestled in a bustling shopping center at the intersection of Garden City and Blundell, the business enjoyed a high foot traffic area with ample parking and easy accessibility.

A Prime Location for a Coin Laundry Business in Richmond

The Blundell neighborhood is home to approximately 21,951 residents, providing a strong and reliable clientele for this essential service. Richmond’s overall population growth has only added to the demand for convenient laundry solutions. The shopping plaza offers an array of amenities, making it a go-to destination for locals.

Nearby attractions and conveniences include:

Why This Self-Service Laundromat in Richmond Stood Out

This coin laundry business in Richmond was highly sought after due to its stable revenue stream and high-profit potential. Unlike some commercial leases, this location had no demolition clause, ensuring long-term stability for business owners. Additionally, the confidentiality of the sale process was a key factor, ensuring a smooth transition for both the buyer and the existing staff.

While this excellent opportunity has now been sold, the Richmond market continues to offer fantastic investment possibilities. If you're looking for similar business opportunities, feel free to contact Jared Gibbons, a real estate agent with over 10 years of experience who will help you find exactly what you're looking for.

Stay tuned for more exciting investment opportunities in Richmond’s dynamic market!

 

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"Fraser Valley Housing Market Shifts in Favor of Buyers: What You Need to Know"

The Fraser Valley buyer's market is becoming more apparent as homebuyers gain more leverage. For the first time in months, buyers are benefiting from a larger selection of homes and softening prices. This shift is providing greater opportunities for those looking to purchase in the Fraser Valley. Here's everything you need to know.

Fraser Valley Sales Numbers Show Buyer Advantage

In February 2025, the Fraser Valley saw 920 home sales, which is a 13% increase from January. However, it’s still 26% below the number of sales from the same month last year. Despite this drop, the trend is moving toward a buyer's market.

More Homes Available for Buyers

The number of new listings in February fell by 9%, but new listings still remained 14% above the 10-year seasonal average, at 3,121 homes. Total active listings in the region stood at 8,070, which is 45% higher than in February 2024. More inventory means that buyers have a larger selection to choose from.

Fraser Valley is a Clear Buyer’s Market

With the sales-to-active listings ratio at just 11%, the Fraser Valley is firmly in a buyer’s market. A typical balanced market would see a ratio between 12% and 20%. This lower ratio signals that buyers have more room to negotiate, giving them more power in the market.

Homes Taking Longer to Sell in the Fraser Valley

Homes are taking longer to sell, which is another sign that buyers have more time to make decisions. Single-family detached homes averaged 39 days on the market in February. Condos took 36 days, while townhomes took 32 days. This extra time gives buyers more flexibility.

Price Adjustments in Fraser Valley

The overall price in the Fraser Valley dropped slightly in February. The benchmark price for homes fell by 0.2%, now sitting at $962,500. Prices in specific categories saw minor changes:

  • Single-family homes: $1,489,100 (0.5% increase from January)

  • Townhomes: $820,600 (0.7% decrease from January)

  • Condos: $533,200 (0.3% decrease from January)

What Does This Mean for Buyers?

For those looking to buy a home in the Fraser Valley, now is a good time to explore the market. With more homes available, and prices continuing to soften, buyers can take their time making decisions. The shift to a Fraser Valley buyer’s market provides plenty of opportunities, especially if the current trend continues.

For more details on Fraser Valley real estate, check out the full report from the Fraser Valley Real Estate Board and the latest market data.

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B.C. Ends Secondary-Suite Incentive Program Amid Economic Uncertainty

B.C. Secondary-Suite Incentive Program Canceled Due to Economic Uncertainty

Homeowners in British Columbia looking to build secondary suites will no longer have access to the B.C. secondary-suite incentive program. The B.C. government has announced that the pilot program will stop accepting applications after March 30, citing "uncertain financial times" as the main reason for its cancellation.

Why Is the B.C. Secondary-Suite Incentive Program Being Canceled?

According to the B.C. government, economic uncertainty and an unpredictable tariff situation with the United States have led to tough financial decisions. Housing Minister Ravi Kahlon stated that the government wants to ensure the best value for housing investments.

Another key factor is the federal government's upcoming program, which will provide similar assistance. The provincial program offered up to $40,000 in forgivable loans to eligible homeowners to cover construction costs for a new suite. In contrast, the federal initiative, once launched, is expected to provide up to $80,000 in low-interest loans. Rather than duplicate efforts, B.C. has decided to step back and let the federal program take over.

What Happens to Existing Applicants?

Homeowners who have already started the application process for the program and have the necessary permits and cost estimates can still submit their applications before the deadline. However, new applicants will not be accepted after March 30.

What This Means for Homeowners

For those planning to build secondary suites, the cancellation of the B.C. secondary-suite incentive program may be disappointing. However, the federal government's upcoming program could offer an alternative. Homeowners interested in financial support for secondary-suite construction should stay updated on federal announcements.

Learn More

For more details on the cancellation and upcoming federal initiatives, visit:

As housing affordability remains a priority, homeowners should explore other provincial and federal programs that may support their secondary-suite projects.

 

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Continued Growth in Canadian Farmland Values in 2024

The value of Canadian farmland values in 2024 continued its steady rise, with an average increase of 9.3% nationwide. While this marks a slower pace than 2023, it still surpasses the five-year (8.6%) and ten-year (9.1%) averages. Various factors, including land demand, interest rates, and agricultural profitability, have contributed to these shifts. Below, we break down key trends and influencing factors.

Provincial Trends in Canadian Farmland Values 2024

Between January 1 and December 31, 2024, the highest increase in occurred in Saskatchewan, up by 13.1%, followed by British Columbia (11.3%) and New Brunswick (9.0%). Other provinces experienced growth below the national average.

It is essential to note that Saskatchewan, home to the largest cultivated farmland area, significantly impacts the national average. Alberta and Manitoba are the second and third largest contributors, respectively.

Key Factors Affecting Farmland Values in 2024

Several factors influence the continued increase in farmland values in 2024:

  • Farm Profitability: Higher net margins in agriculture often lead to greater willingness to purchase land. The 2018-2020 period saw the smallest increases in farmland values, coinciding with lower farm profitability.

  • Interest Rates: The Bank of Canada began cutting rates in June 2024, reducing borrowing costs. However, rates remain relatively high compared to previous years, impacting purchasing decisions.

  • Supply and Demand: A limited supply of farmland and ongoing demand from investors and farming operations contributed to rising values.

Irrigated and Pastureland Values

Irrigated land values in Western Canada increased across all regions. In 2024, Saskatchewan led with a 25.8% increase, followed by Alberta (8.6%) and British Columbia (4.4%). Irrigated land remains in high demand, particularly in drier Prairie regions, where projects like the Westside Irrigation Rehabilitation Project aim to support water access for agriculture.

Pastureland values, however, grew at a slower rate than in 2023. British Columbia saw a modest 1.1% increase, while Alberta recorded a 4.6% rise. Manitoba and Saskatchewan posted 8.6% and 8.9% growth, respectively. While cattle receipts increased by 11.4% in 2024, this was lower than previous years, affecting profitability in the sector and moderating land value growth.

Looking Ahead to 2025: What’s Next for Farmland Values?

The outlook for 2025 remains uncertain, with potential trade disruptions at the U.S.-Canada border posing risks for agricultural operations. Additionally, farmland values in 2024 have reached record highs relative to farm income, making future purchasing decisions more cautious.

Despite these challenges, technological advancements, economies of scale, and operational efficiencies continue to drive long-term growth in the agricultural sector. Farmers and investors alike should stay informed and prepared for evolving market conditions.

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Waterstone Condo for Sale – Resort-Style Living in Clayton

Welcome to Resort-Style Living at Waterstone!

If you're looking for a luxury condo for sale in Clayton, this Waterstone condo for sale is an incredible opportunity. Located at 105 6490 194 Street, Cloverdale, this 1-bedroom + den, 1-bathroom ground-floor unit offers privacy, modern design, and world-class amenities. With west-facing sunsets, a spacious private yard, and direct street access, this home is perfect for those who love convenience and outdoor living.

A Modern & Functional Home

Step inside this Waterstone condo for sale and experience stylish and functional living:

  • Open-concept layout with bright living spaces and large windows.

  • Chef’s kitchen featuring granite countertops, stainless steel appliances, and ample storage.

  • Spacious covered deck and private yard with gate access – ideal for BBQs and entertaining.

  • Den/Office space providing flexibility for remote work or a guest area.

  • In-suite laundry and ample closet space for ultimate convenience.

  • Includes 1 parking stall and 1 storage locker.

Resort-Style Amenities at Waterstone

This condo comes with access to over 15,000 sq. ft. of premium amenities, including:

  • Indoor pool, hot tub, and sauna for ultimate relaxation.

  • Fully equipped fitness center to maintain an active lifestyle.

  • Fireside Lounge – perfect for gatherings and socializing.

  • Theatre room for movie nights with friends and family.

  • EV charging stations for eco-conscious homeowners.

Prime Clayton Location – Close to Everything!

One of the best features of this Waterstone condo for sale is its excellent location. You’ll be near:

  • Willowbrook Shopping Centre – A top shopping destination with fashion stores, restaurants, and services.

  • Katzie Elementary School – A highly rated school just minutes away.

  • Clayton Community Centre – A modern facility offering a library, fitness center, and art spaces.

  • Upcoming SkyTrain Expansion – Future SkyTrain access will add even more value to this location!

Pet & Rental Friendly – Ideal for Homeowners and Investors

This condo is pet-friendly (2 pets allowed, max weight of 44 lbs) and rental-friendly, making it a perfect option for both homeowners and investors. With high rental demand in Clayton, this property offers excellent investment potential.

Book a Viewing of This Waterstone Condo for Sale!

Don’t miss this chance to own a stunning Waterstone condo for sale. For more details or to schedule a private showing, contact Jared Gibbons, your trusted real estate agent.

📞 Call or text Jared Gibbons today!

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SOLD! Stunning Condo Sold in Downtown Port Coquitlam

Condo Sold in Port Coquitlam – Prime Downtown Location!

This beautifully designed 1,118 sq. ft. condo has officially found its new owner! Located in a fully rainscreened building, this home provided an unbeatable combination of location, style, and functionality. Steps away from the West Coast Express, PoCo Community Centre, shopping, dining, and green spaces, this condo sold in Port Coquitlam offered the ultimate in convenience and urban living.

Condo Sold in Port Coquitlam – Modern Living & High-Quality Finishes

This condo featured a contemporary interior with laminate flooring throughout and a cozy gas fireplace in the living room. The well-appointed kitchen boasted dark wood cabinets, Arborite countertops, stainless steel appliances, and vinyl flooring, making it a dream for home chefs. The oversized primary bedroom included a walk-in closet and a private ensuite, ensuring maximum comfort. Additionally, the home offered a second spacious bedroom and a beautifully updated guest bathroom.

Top-Tier Amenities & Convenient Location

With in-suite laundry, extra storage space, and two secure parking spots, this condo sold in Port Coquitlam was designed for practical living. Its prime location made it easy to access top-rated amenities, including:

Need a Similar Home? Contact Jared Gibbons!

If you’re looking for a condo in Port Coquitlam or need an experienced real estate agent to guide you through the buying or selling process, contact Jared Gibbons today. With over 10 years of experience, Jared specializes in helping clients find their ideal home in Port Coquitlam and beyond.

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Hobby Farm for Sale in 100 Mile House – Now Sold!

We’re excited to announce that this hobby farm for sale in 100 Mile House has officially sold! Located just 20 minutes from town at 4635 Canim-Hendrix Lake Road, 100 Mile House Forest Grove, this incredible property offered a perfect blend of space, productivity, and rural charm. Whether you’re an experienced farmer, a passionate gardener, or someone looking for a peaceful countryside retreat, this farm had everything to turn dreams into reality.

A Hobby Farm for Sale in 100 Mile House – A Farmer’s Dream

This expansive hobby farm featured perimeter and cross-fencing, ensuring efficient land use. With southern exposure and a 25-acre hayfield, it provided ideal growing conditions. The high-quality soil made it a gardener’s paradise. In addition, it included a 30' x 40' hay shed, multiple paddocks with lean-to shelters, and three yard hydrants. These features were perfect for managing livestock or growing crops.

Charming Farmhouse with Spectacular Views

The main floor had two spacious bedrooms, a full bathroom, and a living room with vaulted ceilings. These high ceilings showcased breathtaking panoramic views of the surrounding landscape. The upstairs loft offered flexible space for a primary bedroom, artist’s studio, or hobby area. Plus, it had a 2-piece ensuite bathroom. The basement included an unauthorized suite, providing extra living options or rental potential.

Explore Nearby Schools, Shopping & Recreation

Beyond the beauty of this hobby farm in 100 Mile House, its location in Forest Grove provided access to schools, shops, and outdoor recreation.

  • Education: The Forest Grove Elementary School serves students from kindergarten to grade 7. It offers a welcoming, community-focused learning environment.

  • Shopping & Essentials: The 100 Mile House town center offers convenient shopping, grocery stores, and essential services. Locals shop at Save-On-Foods for groceries and visit The Outlaw Urban Clothing Co. for fashion.

  • Outdoor Recreation: The region is known as the Land of Hidden Waters, featuring beautiful lakes, hiking trails, and fishing spots.

  • Adventure & Nature: Nearby Canim Lake and Wells Gray Provincial Park offer excellent hiking, wildlife viewing, and waterfalls like Canim and Mahood Falls.

Looking for a Hobby Farm for Sale in 100 Mile House?

If you missed this opportunity, don’t worry! Whether you want a hobby farm, rural property, or real estate investment, now is the perfect time to act. Jared Gibbons, a trusted real estate agent with over 10 years of experience, can help. He stays up to date on the latest market trends and offers expert advice on smart real estate investments. Contact him today to find the perfect property!

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Modern Living in Langley City: Stunning 5-Bedroom Home for Sale!

Looking for a modern 5-bedroom home in Langley that is move-in ready and situated in a prime location? Welcome to 4657 208A Street, a beautifully renovated modern home in Langley that offers both comfort and sophistication. Nestled in a quiet cul-de-sac, this property is just minutes from Newlands Golf & Country Club, top-rated schools, and essential amenities.

Features That Make This Modern 5-Bedroom Home in Langley a Must-See:

  • 5 Spacious Bedrooms – Four on the upper level and one on the main floor, perfect for guests or a home office.

  • Brand-New UpgradesNew windows, roof, and plywood ensure durability and energy efficiency.

  • Bright, Modern Kitchen – Equipped with quartz matte-finish countertops, new cabinetry, and stainless steel appliances.

  • Cozy Living Area – Enjoy relaxing evenings by the fireplace with breathtaking mountain views.

  • Private Backyard Retreat – The fully fenced yard is surrounded by lush, mature hedges, offering peace and privacy.

Prime Location in Langley City

This 5-bedroom home in Langley is conveniently located near some of Langley’s best attractions and amenities:

Why Choose This Modern 5-Bedroom Home in Langley?

This property offers modern upgrades, a prime location, and spacious living areas, making it the perfect home for families, professionals, and anyone seeking an upscale lifestyle in Langley. Whether you’re looking for convenience, privacy, or breathtaking views, this home has it all!

Schedule a Viewing Today!

Don’t miss out on this incredible opportunity to own a beautifully updated modern 5-bedroom home in Langley! Contact Jared Gibbons, your trusted real estate agent, to schedule a private showing today.

 

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SOLD! Stunning Archstone Yorkson Townhome – A Prime Investment Opportunity

SOLD! Stunning Archstone Yorkson Townhome in Willoughby Heights

This exceptional 3-bedroom, 2.5-bathroom Archstone Yorkson townhome in the highly sought-after Willoughby Heights community has just been sold! Located in Willoughby Heights, one of Langley’s most desirable neighborhoods, this 1,527 sq. ft. home offered modern luxury, convenience, and comfort. If you are looking for a similar Archstone Yorkson townhome in Willoughby Heights, this could be your chance to find the perfect home.

A Home Designed for Comfort & Functionality

This Archstone Yorkson townhome featured an open-concept layout with a gourmet kitchen, complete with a large island, quartz countertops, under-cabinet lighting, and a built-in Jenn-Air coffee machine—a dream for home chefs and entertainers alike. The Willoughby Heights real estate market continues to attract homebuyers looking for stylish and functional spaces like this one.

The main floor boasted 9’ ceilings and a powder room for guests, while heated flooring in every bathroom added a touch of luxury. The spacious bedrooms comfortably accommodated house-sized furniture, making it perfect for families seeking a home in Langley townhome communities.

The backyard, accessible from the kitchen and dining area, was ideal for BBQs and children's outdoor play. Additionally, the side-by-side garage (19'5 x 27') and side-by-side washer and dryer enhanced convenience.

Prime Location in Willoughby Heights

Situated just a 3-minute walk from Richard Bulpitt Elementary, this home is also near the future Middle and Secondary School, expected to open in 2027. Families and investors alike value this growing community’s educational opportunities and the demand for Willoughby Heights property.

This property is close to major amenities, including:

Thinking of Buying or Selling?

If you’re looking for a similar Archstone Yorkson townhome in Willoughby Heights, or you’re considering selling your property, Jared Gibbons is here to help! Whether you are searching for Langley townhomes or Yorkson townhomes, Jared specializes in finding the perfect home to fit your needs. Contact Jared today to explore your options and discover your next dream home in Willoughby Heights real estate.

 

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