Please visit our Open House at 104 2343 ATKINS AVE in Port Coquitlam.
Open House on Sunday, March 24, 2013 2:00 pm - 4:00 pm
Pay NO HST on this almost new 2 level city-home condo! Only 1 year old and still under 2-5-10 warranty. Open floor plan features upgraded engineered hardwood floors, granite counters & s/s appliances in ultramodern kitchen,extra powder bathroom on main level. Separate 2nd entrance to spacious gated patio for entertaining. More custom finishes to see like crown moulding, glass back splash, etc... Upstairs you'll find a large master bedroom w/ full ensuite bath, 2nd bedroom & 2nd full bath. RARE, 3 PARKING stalls! Enjoy a fully equipped gym & amenities room. Centrally located in downtown Port Coquitlam, high walking score, near Gates Park, WC Express, schools, & shops! First Open House Sunday 24th 2-4pm.
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I have listed a new property at 111 3110 DAYANEE SPRINGS BLVD in Coquitlam.
Whistler inspired Ledgeview built by Polygon, this ground floor 2 bedroom home walkouts out to a spacious patio facing park, perfect for entertaining and BBQ's. This home features open floor plan with granite counter in the modern kitchen.Worry free in this home, it's still under the 2-5-10 warranty but don't pay the HST! Only short distance to the 2 level club house that features outdoor pool, steam room sauna, entertainment area and exercise gym... enjoy & relax. and centrally located in the Coquitlam Center area. High walking Score for this location! First Open House Sunday January 20th 2-4pm.
Read Full Story
I have listed a new property at 104 2343 ATKINS AVE in Port Coquitlam.
Pay NO HST on this almost new 2 level city-home condo! Only 1 year old and still under 2-5-10 warranty. Ground floor has open floor plan w/granite counters & s/s appliances in ultramodern kitchen, extra powder bathroom w/a separate 2ndentrance to spacious gated patio for entertaining. Upgrades all around ...crown moulding, custom back splash, hardwood. Upstairs you'll find a large master bedroom w/ full ensuite bath, 2nd bedroom & 2nd full bath. RARE, 3 PARKING stalls! Enjoy a fully equipped gym & amenities room. Centrally located in downtown Port Coquitlam, high walking score, near Gates Park, WC Express, schools, & shops! First Open House Saturday March 16th 1-4pm & Sunday 17th 2-4pm.
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HST TO PST – TRANSITION RULES FOR REAL ESTATE PROPERTY

 

WHEN DOES HST APPLY, AND WHEN DOES GST APPLY?
HST applies if tax becomes payable before April 1, 2013. GST applies where tax becomes payable after March 31, 2013. In addition, the BC transition tax may then apply where construction or substantial renovation is at least 10% complete on April 1, 2013.

 

WHEN DOES THE TAX BECOME PAYABLE?
Except for the sale of certain residential strata units, the tax is payable on the earlier of the following dates:

• when the seller transfers ownership (also known as the completion date) of the new home to the buyer, or
• when the seller transfers possession of the new home to the buyer under the Contract of Purchase and Sale.

 

WHEN DOES THE TAX BECOME PAYABLE WHEN THE TRANSACTION INVOLVES A STRATA UNIT?
The general tax payable rule will apply for strata’s except where the strata plan hasn’t been registered as a condominium by the date possession is transferred. The tax payable is then based on the earlier of the following dates:

• when the seller transfers ownership (also known as the completion date), OR
• 60 days following the date the strata plan is registered.

 

Post CommentComments: 0Read Full Story
Please visit our Open House at 104 2343 ATKINS AVE in Port Coquitlam.
Open House on Saturday, March 16, 2013 1:00 pm - 4:00 pm
Pay NO HST on this almost new 2 level city-home condo! Only 1 year old and still under 2-5-10 warranty. Ground floor has open floor plan w/granite counters & s/s appliances in ultramodern kitchen, extra powder bathroom w/a separate 2ndentrance to spacious gated patio for entertaining. Upgrades all around ...crown moulding, custom back splash, hardwood. Upstairs you'll find a large master bedroom w/ full ensuite bath, 2nd bedroom & 2nd full bath. RARE, 3 PARKING stalls! Enjoy a fully equipped gym & amenities room. Centrally located in downtown Port Coquitlam, high walking score, near Gates Park, WC Express, schools, & shops! First Open House Saturday March 16th 1-4pm & Sunday 17th 2-4pm.
Read Full Story
Please visit our Open House at 104 2343 ATKINS AVE in Port Coquitlam.
Open House on Saturday, March 16, 2013 2:00 pm - 4:00 pm
Pay NO HST on this almost new 2 level city-home condo! Only 1 year old and still under 2-5-10 warranty. Ground floor has open floor plan w/granite counters & s/s appliances in ultramodern kitchen, extra powder bathroom w/a separate 2ndentrance to spacious gated patio for entertaining. Upgrades all around ...crown moulding, custom back splash, hardwood. Upstairs you'll find a large master bedroom w/ full ensuite bath, 2nd bedroom & 2nd full bath. Rare, 3 underground parking stalls! Enjoy a fully equipped gym & amenities room. Centrally located in downtown Port Coquitlam, high walking score, near Gates Park, WC Express, schools, & shops! First Open House Saturday March 16th 1-4pm.
Read Full Story
I have listed a new property at 104 2343 ATKINS AVE in Port Coquitlam.
Pay NO HST on this almost new 2 level city-home condo! Only 1 year old and still under 2-5-10 warranty. Ground floor has open floor plan w/granite counters & s/s appliances in ultramodern kitchen, extra powder bathroom w/a separate 2ndentrance to spacious gated patio for entertaining. Upgrades all around ...crown moulding, custom back splash, hardwood. Upstairs you'll find a large master bedroom w/ full ensuite bath, 2nd bedroom & 2nd full bath. Rare, 3 underground parking stalls! Enjoy a fully equipped gym & amenities room. Centrally located in downtown Port Coquitlam, high walking score, near Gates Park, WC Express, schools, & shops! First Open House Saturday March 16th 1-4pm.
Read Full Story

TAX Transition Time


Farewell HST … Welcome Back GST/PST
The BC government imposed it in 2010, voters rejected it in 2011 and in a matter of two short weeks or so the HST will go down into the history books of BC politics as one of the most controversial, if not contentious, taxes in history. Effective April 1st, the Harmonized Sales Tax will be eliminated and a period of transition will commence with some significant changes in store for our industry, your buyers, your sellers and you as a REALTOR®. Here’s a snapshot of what to look out for leading up to April 1, 2013 and after:

  • The 12 per cent HST applies if the possession or completion date is before April 1, 2013.
  • The 5 per cent GST applies if the possession and completion dates are on or after April 1, 2013.
  •  Effective April 1, 2013, builders will pay 7 per cent PST on building supplies and materials.

 
OUT WITH THE OLD, IN WITH THE NEW
The 2 per cent BC Transition Tax makes its debut April 1, 2013. It’s a tax, albeit a temporary one, your new home buyers need to know about:

  • Applicable to the full purchase price of a new home which is 10 per cent or more complete by April 1st and where completion and possession occur on or after April 1, 2013 but before April 1, 2015.
  • The additional tax is aimed at providing a more even playing field for buyers of new homes both during and after the HST period.
  • New housing transition rules will be in effect from April 1, 2013 – March 31, 2015 and apply to new housing only.


REBATES & INCENTIVES
With the demise of the HST comes the end of the New Housing Rebate program and the commencement of new incentives your new home buyers will want to know as being effective April 1st :

  • Properties less than $350,000 will qualify for a full federal GST rebate.
  • Properties between $350,000 and $450,000 will qualify for a pro-rated federal GST rebate.
  • Properties selling more than $450,000 will be exempt from rebate.

Where your buyer is purchasing a new home as a principal residence, be clear on the Contract of Purchase and Sale to specify whether the buyer will assign the GST rebate to the builder, be credited the rebate at closing or be themselves responsible for paying the GST on closing and apply to the government for the rebate. Your buyer can expect to wait about three months for a rebate to be processed and mailed.

Post CommentComments: 0Read Full Story
I have listed a new property at 104 2343 ATKINS AVE in Port Coquitlam.
Pay NO HST on this almost new 2 level city-home condo! Only 1 year old and still under 2-5-10 warranty. Ground floor has open floor plan w/granite counters & s/s appliances in ultramodern kitchen, extra powder bathroom w/a separate 2ndentrance to spacious gated patio for entertaining. Upgrades all around ...crown moulding, custom back splash, hardwood. Upstairs you'll find a large master bedroom w/ full ensuite bath, 2nd bedroom & 2nd full bath. Rare, 3 underground parking stalls! Enjoy a fully equipped gym & amenities room. Centrally located in downtown Port Coquitlam, high walking score, near Gates Park, WC Express, schools, & shops! First Open House Sunday March 16th 2-4pm.
Read Full Story
Please visit our Open House at 104 2343 ATKINS AVE in Port Coquitlam.
Open House on Saturday, March 16, 2013 2:00 pm - 4:00 pm
Pay NO HST on this almost new 2 level city-home condo! Only 1 year old and still under 2-5-10 warranty. Ground floor has open floor plan w/granite counters & s/s appliances in ultramodern kitchen, extra powder bathroom w/a separate 2ndentrance to spacious gated patio for entertaining. Upgrades all around ...crown moulding, custom back splash, hardwood. Upstairs you'll find a large master bedroom w/ full ensuite bath, 2nd bedroom & 2nd full bath. Rare, 3 underground parking stalls! Enjoy a fully equipped gym & amenities room. Centrally located in downtown Port Coquitlam, high walking score, near Gates Park, WC Express, schools, & shops! First Open House Sunday March 16th 2-4pm.
Read Full Story
Time is Running Out . . . ACT NOW! The $10,000 BC Government BONUS Only Available Until March 31, 2013

If you are currently in the market for a new home and qualify as a First-Time New Home Buyer, you may be eligible to receive a signific...ant bonus of up to $10,000 from the BC Government. The First-Time Home Buyers’ Bonus is a non-taxable one-time payment to the purchaser and we’ve seen many happy homeowners benefit from this limited time government offer (expiring March 31, 2013). With interest rates at historic lows, and a great selection of brand new homes on the market, this truly is a great opportunity to own your first home.

To access more information about the First-Time Home Buyers’ Bonus, please go to: http://www.sbr.gov.bc.ca/documents_library/notices/FTHB_Bonus.pdf
See More
http://www.sbr.gov.bc.ca/documents_library/
Post CommentComments: 0Read Full Story
Please visit our Open House at 111 3110 DAYANEE SPRINGS BLVD in Coquitlam.
Open House on Sunday, March 10, 2013 2:00 pm - 4:00 pm
Whistler inspired Ledgeview built by Polygon, this ground floor 2 bedroom home walkouts out to a spacious patio facing park, perfect for entertaining and BBQ's. This home features open floor plan with granite counter in the modern kitchen.Worry free in this home, it's still under the 2-5-10 warranty but don't pay the HST! Only short distance to the 2 level club house that features outdoor pool, steam room sauna, entertainment area and exercise gym... enjoy & relax. and centrally located in the Coquitlam Center area. High walking Score for this location! First Open House Sunday January 20th 2-4pm.
Read Full Story
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