311 - 6611 Minoru Blvd

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#311 - 6611 Minoru Blvd Bright and spacious two-bedroom, two bathroom

Just the FACTS and nothing but the facts: 1) Built in 1973 as apartments. Stratified to condos in 1987. 6611 and 6631 Minoru are one strata. 6651 Minoru is separate and has age restrictions for residents. 2) First time this unit has been on the market. Substantially updated in recent years. 3) 1188 sq ft as taken from strata plan, which includes the patio/deck. 4) Corner unit with east and south exposure. 5) Shared laundry with brand new machines. Ten washers ($1.25/load) and eight dryers ($0.50/load) – accessible 8am to 9pm daily. Strata does not allow in-suite laundry. 6) Adjacent to Minoru Park, Minoru arena and pool, Brighouse library; across the street from Richmond Centre; close to skytrain station. 7) No pets allowed and owner residents only (no rentals). 8) Parking stall #114 (CP) belongs to the unit and is underground. Additional stalls available for rent for $20/month. Also includes external storage locker. 9) On-site caretaker. 10) Substantial Contingency Reserve Fund.

The TOP 10 favourite things about my home are: 1) “Location, location, location! Five minute walk to the skytrain, restaurants, and shopping.” 2) “Spacious and modern! Living area and bedrooms are large and the overall floor plan is a great use of space.” 3) “I love all of the natural light that comes in through the large windows.” 4) “It is a very quiet. Far enough off the major streets and backs onto a gorgeous park that is great for early morning walks.” 5) “The building is kept pristine. The pool and surrounding area are extremely well maintained.” 6) “It is a welcoming home. Everyone that walks in feels at home.” 7) “The kitchen is newly renovated and gorgeous!” 8) “I love having a corner suite – in the morning I wake up and look out at the pool and garden from my kitchen.” 9) “I love our quaint patio.” 10) “I love everything about this home, I love it so much it is hard to say goodbye to it!” -

As written by the homeowner

Presented by:

Scott Yaworski RE/MAX Crest Westside (VanW7) Cell: 604.767.9663 Email: [email protected] Website: www.scottyaworski.com Richmond, Brighouse

MLS# V1006966

# 311 6611 MINORU BV, V6Y 1Y9

$359,000

List Price:

Residential Attached

Active

Previous Price: Original Price:

$359,000

Subdiv/Complex: Regency Park Towers Frontage: Approx Yr Blt: Depth/Size: Lot SqFt: 0 Age at List Date: Exposure: SE Bedrooms: Stories in Bldg: 1 6 Bathrooms: Flood Plain: Full Baths: Meas. Type: Half Baths: Fixtures Lsd: N Fixt Removed: Y - MB chandelier View: Style of Home: Construction: Foundation: Exterior: Rain Screen: Type of Roof: Renovations: Flooring: Water Supply: Heat/Fuel: No. of Fireplaces: Fireplace Fuel: Outdoor Area:

Corner Unit Concrete Concrete Slab Brick, Wood, Other

Mngmt Co: Mngmt Ph:

Dorset Realty

1973 40 2 2 2 0

PID: 0 0 9 -1 1 7 -4 1 5 Type: Apartment/Condo Zoning: 001 Taxes: $1,339 (2012) If New GST/HST Incl: Tax Incl Utils: No Apprvl Reqd: No

Total Parking: Parking Access: Parking Facilities:

Covered Parking: 1 1 Side Add. Parking Avail., Garage; Underground

Dist to Public Trans: Units in Development: Locker: Possession: Title to Land: Seller's Interest: Mortgage Info:

1 Blk 187 Yes

R/I Plumbing: Tar & Gravel Reno Year: Laminate, Other City/Municipal Baseboard, Electric 0

R/I Fireplaces:

Balcony(s)

6 0 4 -2 7 0 -1 7 1 1

Maint Fee:

Property Disclosure: Bylaw Restrictions: approx: $355.00

Dist to School/Bus: 2 Blk Total Units in Strata: 3 7 4

Freehold Strata Registered Owner $0 Y Pets Not Allowed, Rentals Not Allowed

Maint Charge Incl: Caretaker, Gardening, Garbage Pickup, Hot Water, Management, Other Legal: Amenities: Features Incl:

PL NWS2677 LT 217 BLK 4N LD 36 SEC 8 RNG 6W STRATA LOT AS SHOWN ON FORM 1. Elevator, Pool; Outdoor, Shared Laundry Dishwasher, Drapes/Window Coverings, Microwave, Refrigerator, Stove

Site Influences:

Central Location, Greenbelt, Private Setting, Recreation Nearby, Shopping Nearby, Treed

Floor Main F. Main F. Main F. Main F. Main F. Main F. Main F. Main F.

Type Master Bedroom Bedroom Kitchen Eating Area Dining Living Room Entrance Hall Patio

Dimensions 16'10 X 10'7 15'8 X 10'2 8'6 X 7'10 6'1 X 7'10 12' X 9'4 19' X 14' 10'7 X 4' 10'2 X 5'

Floor Area (SqFt): Finished Floor Area Main: Finished Floor Area Up: Finished Floor Area Down: Finished Floor Area Bsmt: Total Finished Floor Area:

1,188 0 0 0 1,188

Unfinished Floor Area: Grand Total Floor Area:

0 1,188

Floor

Total # Rooms: Finished Levels: Basement Area: Bsmt Height: Restricted Age: # Pets / Cats; Dogs: # or % Rentals:

Type

8 1 None

Dimensions

Floor

Type

Dimensions

Bathrooms: 1 4 Piece; Ensuite: Y; Level: Main F. 2 3 Piece; Ensuite: N; Level: Main F. 3 4 5 6 7 8

Listing Broker(s): (1) RE/MAX Crest Westside (VanW7)

One of the most affordable and spacious concrete-construction condos in Richmond! Corner unit of close to 1200 sq ft, with east and south window exposure. Nicely updated with dark-stain laminate floors, modern paint colours, new wood work(baseboards and crown), and a fabulous kitchen. All appliances updated, including dishwasher, fridge, stove, and microwave-hood fan combo. A huge master bedroom and generous second bedroom, both with large bright windows and very big closets. Kitchen eating area AND another dining area; plus a living room so large it has room for three couches. This is a very well-cared for building with updated common areas, nice grounds, an onsite caretaker, and a healthy Contingency Reserve Fund.

REA Full Public w/Realtor

The enclosed information while deemed to be correct, is not guaranteed. PREC* indicates Personal Real Estate Corporation.

15-M a y -13

9:44 PM

Floor plan

This floorplan should not be relied upon for accuracy but as a general visual layout of the property. Total square footage of this property is 1188 sq ft, as shown on the registered strata plan.

Make Your Dream Home a Reality Property Information Details

Address 311 - 6611 Minoru Blvd

Street

Richmond

City Province Postal Code

Purchase Price Interest Rate1 (Qualifying Rate)

2.89%

BC

Property Tax (Annual)

$1,339

V6Y 1Y9

Condo Fee (Monthly)

$355

Listing Date

Heating Costs (Monthly)

Unit Description 1188 sqft. 2BR, 2Bth,

Model

$359,000

$60.00

Other Debt Payments (Monthly)

$0

Amortization - Year(s)

25

Concrete building

Financial Information Downpayment Mortgage

High Ratio Mortgage Default Insurance Premiums (2)

Total Mortgage

Monthly Payment & P&I (3)

Min. Gross Annual Income (4)

%

$

5%

$17,950

$341,050

$9,379

$350,429

$1,639

$68,377

10%

$35,900

$323,100

$6,462

$329,562

$1,541

$65,295

15%

$53,850

$305,150

$5,340

$310,490

$1,452

$59,355

20%

$71,800

$287,200

$0

$287,200

$1,343

$56,088

25%

$89,750

$269,250

$0

$269,250

$1,259

$53,569

35%

$125,650

$233,350

$0

$233,350

$1,091

$48,533

Nick Leung Manager, Residential Mortgages C: 604 377 5559 F: 604 909 1927 E: [email protected] W: http://www.tdcanadatrust.com/msf/nickleung

(1) (2) (3) (4)

Rates are subject to change at any time without notice. Rate is the current posted 5 year closed fixed mortgage rate at time of publishing. Rate is per annum, calculated semi-annually, not in advance. Some conditions apply. Ask for details. Monthly Payments are based on selected amortization of Mortgage Principal and Interest only and assumes that the interest rate does not change throughout the amortization period. Produced for illustration purposes only. Applies to residential mortgages only and is subject to TD Canada Trust's credit granting criteria. Call for complete details.

RICHMOND

APRIL 2013

Price Band Statistics ATTACHED (Condo & TH)

Community Statistics ATTACHED (Condo &TH)

SnapStats™ $0 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001-1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 – 4,500,000 4,500,001 – 5,000,000 5,000,001 & Greater TOTAL

Inventory 305 234 265 220 96 27 19 5 7 2 0 0 0 0 0 1 0 0 0 0 0 1181

Sales 49 71 63 34 17 4 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 240

Sales Ratio* 16.07% 30.34% 23.77% 15.45% 17.71% 14.81% 10.53% NA NA NA NA NA NA NA NA NA NA NA NA NA NA 20.32%

STYLE OF HOME 0 to 1 Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms & Greater TOTAL

Inventory 271 498 341 71 1181

Sales 42 118 64 16 240

Sales Ratio* 15.50% 23.69% 18.77% 22.54% 20.32%

SnapStats™ Inventory Solds Sale Price (Median) Sale to List Price Ratio Days on Market

March 1189 195 $396,000 94.7% 37

April 1181 240 $400,950 97.8% 36

Variance -0.67% 23.08% 1.25% 3.27% -2.70%

SnapStats™ Boyd Park Bridgeport Brighouse Brighouse South Broadmoor East Cambie East Richmond Garden City Gilmore Granville Hamilton Ironwood Lackner McLennan McLennan North McNair Quilchena Riverdale Saunders Sea Island Seafair South Arm Steveston North Steveston South Steveston Village Terra Nova West Cambie Westwind Woodwards TOTAL

Inventory 35 3 357 205 11 26 6 17 0 33 17 17 4 1 140 8 4 30 21 0 5 33 10 86 9 16 70 3 14 1181

Sales 5 0 67 44 1 8 0 10 0 2 3 1 1 0 28 0 3 4 4 0 1 10 1 18 2 9 13 2 3 240

Sales Ratio* 14.29% NA 18.77% 21.46% 9.09% 30.77% NA 58.82% NA 6.06% 17.65% 5.88% 25.00% NA 20.00% NA 75.00% 13.33% 19.05% NA 20.00% 30.30% 10.00% 20.93% 22.22% 56.25% 18.57% 66.67% 21.43% 20.32%

*Sales to Active Listing Ratio (The percent of homes selling)

SnapStats™  Summary ATTACHED 

    

Official Market Type Richmond Attached: Balanced market at 20% Sales Ratio average (21% is a Sellers market) Homes are selling on average 2% below list price Most Active Price Band*: $300,000 to $400,000 with average 30% Sales Ratio (3 in 10 homes selling) Buyers Best Bet*: Homes between $800,000 to $900,000, Granville, Ironwood and up to 1 bedroom properties Sellers Best Bet*: Selling homes in East Cambie, Garden City, South Arm, Terra Nova and 2 bedroom properties * With a minimum inventory of 10 where possible

SnapStats™  13 Month Market Trend ATTACHED 

SALE PRICE

INVENTORY

SOLDS

$500,000 $431,000 $410,000

$408,500

$399,700 $378,000

$395,000

$408,000

$389,400

$407,000

$419,900 $396,000 $370,000

$400,000 1374

1458

1459

1450

1399

1363

1276

SNAP-STATS.COM

$300,000

$400,950

1206

1167

1189

1181

1023

865

$200,000 189

169

172

155

115

118

147

132

103

127

195

240

94

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

MAR

APR

$100,000

SnapStats™  Compliments of Scott Yaworski 

Scott Yaworski RE/MAX Crest Realty Westside 604.767.9663

www.scottyaworski.com [email protected]

©2010 SnapStats™ Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. The data contained in this report has been prepared by SnapStats™ on or about May 2, 2013 drawn from the Real Estate Board of Greater Vancouver, but the accuracy and completeness of the information is not guaranteed. In providing this information SnapStats™ or Scott Yaworski and RE/MAX Crest Realty Westside do not assume any responsibility or liability. For more information on SnapStats™ contact [email protected] or visit www.snap-stats.com

2800 2600 2400 2200 2000 1800 1600 1400 1200 1000 800 600 400 200 0

1188 sq ft and nicely updated In the heart of Richmond, an affordable concrete condo

RE/MAX Crest Realty Westside 1428 W. 7th Ave Vancouver, BC V6H1C1

RE/MAX Crest Realty Westside Scott Yaworski Listing Agent 604.767.9663 (Direct) [email protected] www.ScottYaworski.com