Mylyne & Associates April Newsletter

Mylyne & Associates -

Stonehaus Realty Corp.

info@mylyne.com
604.723.2000
http://www.mylyne.com/

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When they say market is down...

 

March was a busy one for us! πŸŽ‰πŸ‘
We’re excited to share that 7 homes found new owners this past month. Huge congratulations to our amazing clients!   Whether you were buying, selling, or both, we’re so grateful to be part of your journey.

Thinking about making a move this spring? We’d love to help you get started! πŸŒ·πŸ”‘



Mylyne's Presale Picks in Langley

 

Are you looking for some Presales? Look no further, Mylyne has some she would like to share! See below for her picks.

Hive 2
• Deposit: 5–10% structure
• Completion: Est. 2027
• 1bdrm $540k-$600k
• 2bdrm $665-$705k

Icon
• Deposit: 10%
• Completion: Est. 2027
• 1bdrm $475k-$550k
• 2bdrm $740k-$780k


Jethro
• Deposit: 10%
• Completion: Est. 2027
• 1bdrm $380k-$450k
• 2bdrm $500k-$580k

Solana
• Deposit: ~10%
• Completion: Est. 2026–2027
• 1bdrm $400k-$500k
• 2bdrm $580k- $700k



GST Rebate for First-Time Homebuyers Comes Into Effect

 

By Lawyer Tony Spagnolo from Spagnolo LLP

Great news - the GST Rebate for First-Time Homebuyers has finally come into effect!!

Announced last spring by the federal government, the bill received Royal Assent last week and eliminates “the Goods and Services Tax (GST) for first-time home buyers on new homes up to $1 million and reducing the GST for first-time home buyers on new homes between $1 million and $1.5 million.”  The Canada Revenue Agency will now be able to start processing rebate claims. 

Please note that the rebate will generally apply to agreements of purchase and sale entered into on or after March 20, 2025, and before 2031. 

If you were a first time home buyer and purchased a new home under $1,500,000 between March 20, 2025 and today, contact your lawyer to apply for the rebate.

Read more about the GST rebate



Foreclosures

 

April 2026 Vancouver Detached
April 2026 Vancouver Attached
April 2026 Surrey Attached
April 2026 Surrey Detached
April 2026 Burnaby Attached
April 2026 Chilliwack Attached
April 2026 Abbotsford Attached
April 2026 Chilliwack Detached
April 2026 Maple Ridge Attached
April 2026 Burnaby Detached
April 2026 Langley Attached
April 2026 Abbotsford Detached
April 2026 Langley Detached
April 2026 Maple Ridge Pitt Meadows Detached
April 2026 New Westminster Detached
April 2026 North Van Detached
April 2026 North VanAttached
April 2026 Richmond Attached
April 2026 New Westminster Attached
April 2026 Richmond Detached
April 2026 Mission Detached
April 2026 South Surrey White Rock Attached
April 2026 Tricities Attached
April 2026 South Surrey White Rock Detached
April 2026 Tricities Detached
April 2026 West Vancouver Attached
April 2026 West Vancouver Detached



What's happening in Metro Vancouver this month

 

Vancouver Cherry Blossom Festival 

Vaisakhi parade - April 18

Richmond Night Market

Vancouver Fashion Week

Harrison Tulip Festival

Food Truck Wars April 10-12



Helping Your Kids Buy Their First Home

 

With rising home prices, many parents are asking the same question: How can we help our children buy their first home?

For many families, helping the next generation enter the housing market has become an important financial discussion. Fortunately, there are several ways parents can assist while still protecting their own financial security.

One of the most common options is helping with a down payment. This can be done through a financial gift, which many lenders allow as long as it’s properly documented. A larger down payment can make it easier for first-time buyers to qualify for a mortgage and may also reduce their monthly payments.

Another option is co-signing a mortgage. This allows a parent’s income and credit strength to help support the mortgage approval. While this can be effective, it’s important to fully understand the responsibilities involved before proceeding.

Some parents also choose to use their home equity to assist their children, either by providing funds for a down payment or helping with early homeownership expenses.

Beyond financial support, guidance and education can also be incredibly valuable. Helping your children understand budgeting, mortgage options, and long-term financial planning can set them up for success as homeowners.

Entering the housing market is one of the biggest financial steps young adults take. With thoughtful planning and the right strategy, families can work together to make that first home purchase a reality.



A Fresh Start - January 2026 Mylyne & Associates - Market Updates, Featured Listings & Foreclosures

Mylyne & Associates -

Stonehaus Realty Corp.

info@mylyne.com
604.723.2000
http://www.mylyne.com/

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Mike is back!

 

Some partnerships are worth revisiting.  After spending time building his own brand and business independently, Mike is re-joining us not as a step back, but as a collaborative alignment. He continues to operate under his own name while working alongside our team, and we’re proud to welcome him back in this new chapter.

We’ve got big plans heading into 2026, and this is only the beginning. Looking forward to what we’ll build together in this next phase.



Get ahead, take action now

 

Buying early in the year can really pay off. BC’s housing market showed solid activity in January 2025, with 4,221 homes sold — up 6.4% from the previous January and active listings jumping about 27% year-over-year. With so many 2025 listings still on the market, sellers are getting antsy, which gives buyers more choice and negotiating power before the spring rush hits.



January Life Best Practices

 

βœ… Prioritize sleep and stick to a consistent routine

βœ… Plan meals and prep healthy options ahead of time

βœ… Schedule regular exercise or movement breaks

βœ… Set realistic daily or weekly goals

βœ… Review finances and create a budget or savings plan

βœ… Declutter physical spaces and organize digital files

βœ… Reflect on personal or professional priorities for the year

βœ… Build small, consistent habits that reduce stress and boost productivity

βœ… Practice gratitude or mindfulness daily

βœ… Connect intentionally with friends, family, or colleagues



January 2026 Foreclosures

 

Jan 2026 Chilliwack Attached
Jan 2026 Burnaby Detached
Jan 2026 Abbotsford Attached
Jan 2026 Burnaby Attached
Jan 2026 Delta Whiterock Attached
Jan 2026 Abbotsford Detached
Jan 2026 Chilliwack Detached
Jan 2026 Delta Whiterock Detached
Jan 2026 Langley Attached
Jan 2026 Langley Detached
Jan 2026 North Vancouver Detached
Jan 2026 Pitt Maple Attached
Jan 2026 North Vancouver Attached
Jan 2026 New Westminster Attached
Jan 2026 Mission Detached
Jan 2026 Richmond Detached
Jan 2026 Pitt Maple Detached
Jan 2026 Tri Cities Attached
Jan 2026 Richmond Attached
Jan 2026 Surrey Attached
Jan 2026 West Vancouver Attached
Jan 2026 Tri Cities Detached
Jan 2026 West Vancouver Detached
Jan 2026 Vancouver Detached
Jan 2026 Vancouver Attached



Powerful video - must watch!

 

Click here



Featured Listings

 

Bright & Spacious 2 Bed, 2 Bath Abbotsford Condo

Tastefully Renovated Corner 2 Bed, 1 bath New West Condo

Bright 2 Bed & Den, 2 bath in Cloverdale

Open Concept 2 Bed, 2 bath in Fleetwood

Prime 2 Bed, 2 bath Condo in Port Moody with view of Burrard Inlet

Build your dream in South Vancouver - Live now - 2 Bed, 1 Bath Home

Live Now, Build Later - 6 Bed, 3 Bath Home in Surrey

Beautiful & Bright 6 Bed, 3 Bed home in Maple Ridge



Happy Holidays! Thank you to our Sponsors & Congratulations to our Winners!

Mylyne & Associates -

Stonehaus Realty Corp.

info@mylyne.com
604.723.2000
http://www.mylyne.com/

Mylyne & Associates - Facebook Mylyne & Associates - Instagram

12 Days of Christmas Giveaway

 

We’ve officially wrapped up our 12 Days of Christmas Giveaway, and we’d like to extend a heartfelt thank you to our incredible sponsors. This giveaway would not have been possible without your generosity, collaboration, and support—your involvement truly helped make this season extra special for our community.

Congratulations to all of our winners! We hope you enjoy your prizes and feel the holiday cheer that went into each one.

As we close out this giveaway on Christmas Day, we want to send our warmest wishes and blessings to everyone. Thank you for being part of our journey, and from all of us at Mylyne & Associates, we wish you a joyful holiday season and a wonderful year ahead. πŸŽ„βœ¨



Day 5-8 Winners & Sponsors

 

Day 5 Sponsor - Fine Point Acupuncture

Fine Point Acupuncture helps you relieve pain, balance hormones, and restore energy with expert acupuncture and holistic care in the Delta–Surrey community.

Find them on:

Instagram

Day 6 Sponsor - Patty Strowbridge Mortgages

Patty Strowbridge is a Mortgage Broker with Dominion Lending Centres – A Better Way. With over 14 years of experience in the financial industry, Patty is passionate about helping First Time Home Buyers navigate the mortgage process with clarity and confidence, and guiding homeowners and retirees through Reverse Mortgage solutions that support long-term financial security. Known for her client-first approach and belief that having the right mortgage truly matters, Patty combines deep industry knowledge with genuine care for the people she serves.

Find her on:

Facebook

Day 7 Sponsor - Kaitlyn Turner & Status Fitness Evolution

We’re happy to highlight Kaitlyn Turner, a Personal Trainer at Status Fitness Evolution, where she helps clients build strength, confidence, and lasting fitness habits. If you’re setting New Year fitness goals, Status Fitness Evolution is a great gym to get started with expert support and a motivating community. πŸ’ͺ✨

Find her on:

Instagram

Day 8 Sponsor - Travel with May

Planning a destination wedding or just dreaming of your next getaway? 
May Baldonado is an amazing vacation consultant who makes travel stress-free and fun. From romantic weddings to solo escapes and family trips, May handles the details—and her service is totally free. Why not get expert help at no extra cost?

Find her at: 

Website

Instagram



πŸŽ‰ Grand Prize Giveaway – Congratulations to Our Winners! πŸŽ‰

 

A huge congratulations to our five grand prize winners, each taking home $100! πŸ’Έβœ¨
Thank you to everyone who participated, supported our local businesses, and helped make this giveaway such a success. Your continued support means the world to us. πŸ™ŒπŸ’›



Day 1-4 Winners & Sponsors

 

Day 2 Sponsor - Diana Doan

Diana Doan is passionate about helping people to reaching their financial goals and building a solid, sturdy future through education and understanding. Whether you are completely new to understanding investments and insurance, or are experienced and wanting to see how to potentially get to your goals faster, she offers trustworthy guidance and support every step of the way. Diana leads with service, and has over 25 languages available in her team; she puts your goals and long-term financial well-being first, in the language you are comfortable with.

Find her at:

Website

Instagram

Day 3 Sponsor - Edlynne Cabal & Fluid Salon & Spa

Edlynne Cabal and Fluid Spa & Salon in Langley is ready to spoil our winner with a little self-care and glam! 

Whether you’re due for some relaxation or a fresh new look, this is your sign to treat yourself. Make sure to check her out and try her services! 

Find her on:

Facebook

Instagram

Day 4 Sponsor - Thavin & Thavy Nou - Busy Bee & Checkmate Drycleaning

Thavin & Thavy Nou are sisters who run their dry-cleaning businesses together. They come from a hardworking family and share the same commitment to quality and customer care. Together, they operate Checkmate Dryclean at 4001 Knight Street and Busybee Drycleaner at 2421 E. 1st Avenue in Vancouver. Proudly serving the community with reliable, professional garment-care services.



Day 9-11 Winners & Sponsors

 

Day 9 Sponsor - KaTuring by Manny's Grill

Looking for Filipino BBQ? Look no further!  Manny’s Grill has got you covered for all your takeout and catering needs.  Come check it out and enjoy mouth-watering, flame-grilled favourites packed with bold, authentic flavours!

Don’t forget to try KaTuring by Manny’s Grill — serving classic Filipino comfort dishes, rich marinades, and homestyle flavours that will keep you coming back for more. 

Find them on:

Instagram

Facebook

Day 10 Sponsor - Arbonne by Nancy Truong

Nancy Truong is passionate about supporting others on their wellness journey, whether it’s through fitness, nutrition, or spiritual growth. She believes that true wellness comes from a balanced approach to mind, body, and spirit, and loves helping people discover the habits and practices that empower them to live their healthiest, happiest lives. Her encouragement, guidance, and positivity inspire those around her to embrace wellness in all aspects of life.

Find her on:

Instagram

Day 11 Sponsor - Celebrate New Life Rentals

Specialize exclusively in party and event décor rentals to help elevate your celebrations with beautiful backdrops and stylish setups. Simply rent the pieces you love and create a stunning party atmosphere—stress-free and picture-perfect! πŸŽ‰βœ¨

Find them on:

Instagram



12 Days of Giving and Year-End Highlights! December 2025

Mylyne & Associates -

Stonehaus Realty Corp.

info@mylyne.com
604.723.2000
http://www.mylyne.com/

Mylyne & Associates - Facebook Mylyne & Associates - Instagram

Warm Clothing, Warmer Hearts

 

A huge thank you to everyone who donated to the Realtors Care Blanket Drive! Thanks to your generosity, we collected 38 bags of warm clothing and blankets.

We brought the men’s clothing out to Wagner Hills, and I was truly moved by their mission and the way they support healing, growth, and transformation for the men recovering from addiction. It felt really good knowing our donations will be used by these men as they work outdoors in return for the support and guidance they receive.

The women’s clothing was delivered to Ishtar Women’s Resource Society, where it will support women seeking safety, stability, and a fresh start.
The children’s items were taken to the Salvation Army, helping local families who need a little extra warmth this season.

Warm hearts create warm communities, and this drive proved exactly that.



Coach Home vs. Laneway Home in Vancouver β€” What’s the Difference?

 

As more homeowners look for ways to create additional housing or generate rental income, coach homes and laneway homes have become increasingly popular across Vancouver and the Lower Mainland. While both are detached dwellings built on the same property as a main house, they have important differences. Here’s a clear breakdown:

🏑 Laneway Home

A laneway home is a small detached residential unit built where a garage typically sits, facing the back lane. These are most common in the City of Vancouver due to its extensive laneway network.

Key Features:

Located at the rear of the lot, accessed from the lane

Generally smaller in size (often 500–1,000 sq. ft.)

Often used as a rental suite or extended-family accommodation

Can be stratified and sold separately if the zoning and lot qualify

Popular in Vancouver’s densification strategy for single-family neighbourhoods

🏘️ Coach Home

A coach home (sometimes called a “carriage home”) is a detached dwelling located elsewhere on the property, not necessarily at the back or by a lane. These are more common in larger-lot areas such as Surrey, Langley, and Coquitlam.

Key Features:

Placement on the lot is flexible — side, rear, or integrated into new subdivisions

Typically larger than a laneway home

Designed as a rental suite or independent living space for family

Cannot be stratified or sold as a separate property

Often included in newer neighbourhood designs with intentional density

πŸ” The Main Differences at a Glance Feature Laneway Home Coach Home Location on Lot Rear, facing a lane Flexible placement Size Smaller Larger Where Common Vancouver Suburban municipalities Ownership Can be stratified and sold separately (if zoning allows) Cannot be stratified or sold independently Primary Purpose Rental or extended family Rental or multi-generational living βœ”οΈ Which One Is Right for You?

If you’re in Vancouver and your lot meets zoning criteria, a laneway home may offer both flexibility and the potential for future stratification.

If you live in suburban areas and want a larger, family-friendly secondary dwelling, a coach home is typically the preferred option.



ARE MILLENNIALS REALLY ENTITLED?

 

While researching gratitude and thanksgiving, I came cross this Financial Times transcript on "the truth about 'entitled millennnials' by Isabel Berwick and Taylor Nicole Rogers.

Boomers have been unfair in perpetuating this misnomer because they are not displaying entitled behavior but a different set of expectations than any previous generation.

Unlike burning the midnight oil like their parents and grandparents, millennials understand the value of work-life balance, collaboration, and enjoying life now versus waiting for a distant retirement.

They refuse to work in toxic jobs with little or no reward unlike their parents.

There is no spoiled generation, only spoiled people from each generation (Melanie Allen, Journalist).



🎁 The 12 Days of Christmas Giveaway is Coming! πŸŽ„

 

This holiday season, Mylyne & Associates is celebrating our amazing Greater Vancouver community with daily giveaways featuring prizes from fantastic local businesses!

To make sure our Grand Prize lands on December 24, 2025, our 12 days of giveaways will run December 13–24, 2025.

Each morning starting December 13, we’ll post a fun daily challenge on our Instagram & Facebook pages—and we’ll announce the winner the next day by noon. Every entry also counts toward the final Grand Prize draw on December 24!

🌟 How to Enter

Follow us on Instagram and Facebook

Join the daily challenge by commenting or submitting your content

πŸŽ‰ The Grand Prize

Everyone who participates—any day, any challenge—is entered to win our Grand Prize
✨ 
Winner announced December 24, 2025.

❀️ Show Love to Local Businesses

A huge thank-you to the amazing Greater Vancouver shops, cafés, and service providers partnering with us.
Please follow, support, and celebrate them throughout the 12 days — they help make our community shine!

πŸŽ„ Get Ready!

The fun starts December 13, 2025.
Follow along, join in daily, and get ready to celebrate local love with Mylyne & Associates!



December Foreclosures

 

Dec 2025 Burnaby Detached
Dec 2025 Chilliwack Attached
Dec 2025 Abbotsford Attached
Dec 2025 New Westminster Attached
Dec 2025 Chilliwack Detached
Dec 2025 Langley Detached
Dec 2025 Abbotsford Detached
Dec 2025 Burnaby Attached
Dec 2025 Mission Detached
Dec 2025 Langley Attached
Dec 2025 North Vancouver Detached
Dec 2025 Richmond Detached
Dec 2025 PittMaple Detached
Dec 2025 Richmond Attached
Dec 2025 North Vancouver Attached
Dec 2025 TriCities Detached
Dec 2025 TriCities Attached
Dec 2025 PittMaple Attached
Dec 2025 Vancouver Detached
Dec 2025 Surrey Attached
Dec 2025 Whiterock Delta Attached
Dec 2025 West Vancouver Attached
Dec 2025 West Vancouver Detached
Dec 2025 Whiterock Delta Detached
Dec 2025 Vancouver Attached
Dec 2025 Surrey Detached



✨ Holiday Happenings Around Town

 

Looking for seasonal fun around Metro Vancouver and the Fraser Valley? Check out these local favourites — from cozy heritage villages to dazzling light displays, festive markets, and community celebrations.

πŸŽ„ Downtown Vancouver – Classic City Cheer

Get into the holiday spirit at the Vancouver Christmas Market (Jack Poole Plaza). Sip warm drinks, browse wooden huts full of artisan gifts, enjoy live music and festive treats, and stroll by the waterfront under twinkling lights. (greatcanadiantrolley.com)

For a magical garden stroll, don’t miss the VanDusen Festival of Lights — the botanical garden is transformed into a glowing world of lights, music, and holiday ambience. (Vancouver Christmas)

Prefer a light-filled winter forest stroll? The Capilano Suspension Bridge Canyon Lights lights up North Vancouver with thousands of lights over the bridge, treetops, and cliffwalk for an unforgettable night out. (Vancouver Christmas)

🏑 Local & Family-Friendly — Close to Home

Right in Burnaby: the Festive Village 2025 at Burnaby Village Museum offers a heritage-village holiday experience from November 22 through January 2 — with glowing lights, heritage decor, and family-friendly walks. (Vancouver Christmas)

If you’d rather stay a bit east, the Surrey Tree Lighting Festival 2025 at Surrey Civic Plaza is a lively community celebration with a giant tree lighting, vendor market, live entertainment, skating, and festive fun for all ages. (Vancouver Christmas)

🎁 Fraser Valley & Beyond – Spread the Holiday Cheer

Head to the Winter Jubilee 2025 in Historic Downtown Abbotsford for a community-style celebration with artisan markets, live performances, food trucks — and a joyful tree lighting to kick off the season. (Vancouver Page)

πŸ’‘ Quick Tips

Many of these events run from late November through early January, giving you plenty of time to plan a few outings.

If you want to avoid crowds, consider visiting on a weeknight or weekday — many events (especially markets and light displays) stay open for several weeks.

Dress warm, bring reusable mugs if possible, and enjoy the mix of cozy community charm and big-city holiday sparkle.

Vancouver Blog Miss604 604now.com todocanada.ca Vancouver Blog Miss604 Vancouver Blog Miss604



Prime Rate Falls to 4.45% | 23 Years Strong in Real Estate | November 2025 – Mylyne & Associates

Mylyne & Associates -

Stonehaus Realty Corp.

info@mylyne.com
604.723.2000
http://www.mylyne.com/

Mylyne & Associates - Facebook Mylyne & Associates - Instagram

Celebrating 23 Years!

 

Celebrating 23 Years in Real Estate πŸŽ‰

This month marks 23 incredible years of helping clients buy and sell homes and I couldn’t have done it without you.

To all my amazing clients, friends, and supporters over the years, THANK YOU for trusting me with one of life’s biggest milestones. Your referrals, loyalty, and friendship have made this journey so rewarding, and I’m truly grateful to be part of your stories.

Here’s to many more years of building dreams, creating connections, and helping people find their perfect place to call home. πŸ‘πŸ’«

With heartfelt gratitude,
Mylyne



Featured Listings

 

7544 Main Street - Public
217-2943 Nelson Place - Public
502-320 Royal Ave - Public
11222 243b Street - Public
858 Stevens Street - Public
191-18701 66 Ave - Public
614-95 Moody Street - Public
401-95 Moody Street - Public
14145 101 Ave - Public
5409 Westwood Drive - Public



How to Prepare Your Home for Winter

 

Winter is a season that brings along chilly temperatures, snow, and icy conditions. While it is a beautiful time of year, it is crucial to take certain precautions and make necessary preparations to ensure that your home remains warm and cozy during this period. As you take the time to prepare your home for winter, you can not only protect your property from potential damage but also create a comfortable and inviting space to retreat to during the coldest months of the year.

Essential Tips in Preparing Your Home for Winter Heating System Maintenance

Schedule a professional inspection to ensure that your furnace or heat pump is in good working condition. Clean or replace air filters regularly to improve air quality and maximize efficiency. Consider installing a programmable thermostat to regulate temperature and save energy during winter. Additionally, ensure to stock up on sufficient fuel or arrange regular deliveries to avoid running out during the colder months.

Protect Plumbing and Pipe

Drain and disconnect outdoor hoses and shut off exterior water sources. Insulate exposed pipes to prevent them from freezing and bursting. In cold weather, allow faucets to drip slowly to prevent freezing. It is also advisable to know the location of your main water shut-off valve in case of emergencies. You may also insulate your water pipes if you’re planning to take a vacation during winter.

Check Your Roof and Gutter

Clean out gutters and downspouts to ensure proper drainage. Consider installing heating cables along the roof edges to melt ice and prevent the formation of ice dams. Inspect your roof for any damage or leaks and repair them promptly. Additionally, ensure the downspout is away from your home to prevent flooding and water damage. Installing gutter guards is a valuable investment as they can effectively keep debris out.

Continue reading here...



Blanket Drive

 

We're helping with the Realtors Care® Blanket Drive, and I wanted to see if you might have any gently used blankets, jackets, or warm clothing you’d be willing to donate. The drive supports people in need here in Vancouver, especially as the weather gets colder and every little bit really helps. We’re collecting blankets, coats, gloves, toques, socks,anything warm and in good condition.   I can pick up from you anytime before November 17.



Prime rate drops to 4.45%

 

What the Bank of Canada’s Rate Drop Means for Buyers

The Bank of Canada just lowered its key rate by 0.25%, making borrowing a little cheaper.

For buyers, this means:

Lower mortgage costs – variable rates may drop slightly, reducing monthly payments.

A small boost in affordability – you might qualify for a bit more, though prices in the Lower Mainland are still high.

More buyer activity – lower rates can boost confidence and bring more people back into the market.

It’s a positive move, but not a game-changer. If you’re pre-approved, check with your lender to see how the new rate affects your budget — it could be the right time to make a move.



November Foreclosures

 

Nov 2025 Burnaby Detached
Nov 2025 Delta White Rock Attached
Nov 2025 Abbotsford Attached
Nov 2025 Chilliwack Detached
Nov 2025 Chilliwack Attached
Nov 2025 Maple Ridge Detached
Nov 2025 Burnaby Attached
Nov 2025 Abbotsford Detached
Nov 2025 Langley Detached
Nov 2025 Langley Attached
Nov 2025 North Van Detached
Nov 2025 Richmond Detached
Nov 2025 New West Attached
Nov 2025 Mission Detached
Nov 2025 North Van Attached
Nov 2025 Tricities Detached
Nov 2025 Richmond Attached
Nov 2025 Tricities Attached
Nov 2025 West Vancouver Attached
Nov 2025 Surrey Attached
Nov 2025 West Vancouver Detached
Nov 2025 Surrey Detached
Nov 2025 Vancouver Attached
Nov 2025 Vancouver Detached
Nov 2025 South Surrey White Rock Detached



October 2025 Announcement, Foreclosures, and Market Update

Mylyne & Associates -

Stonehaus Realty Corp.

info@mylyne.com
604.723.2000
http://www.mylyne.com/

Mylyne & Associates - Facebook Mylyne & Associates - Instagram

Bank of Canada Lowers Policy Rate to 2.5%

 

By Dr. Sherry Cooper - Chief Economist, Dominion Lending Centres

Today, the Bank of Canada lowered the overnight policy rate by 25 bps to 2.5% as was widely expected. Following yesterday's better-than-expected inflation report, the Bank believes that underlying inflation was 2.5% year-over-year.

Through the recent period of tariff turmoil, the Governing Council has closely monitored the risks and uncertainties facing the Canadian economy. Three developments triggered the Bank's rate cut. Canada's labour market softened further. Upward pressure on underlying inflation has diminished, and there is less upside to risk to future inflation with the removal of most retaliatory tariffs by Canada. 

Considerable uncertainty remains. However, with a weaker economy and less upside risk to inflation, the Governing Council deemed that a reduction in the policy rate was appropriate to better balance the risks going forward.

"The Bank will continue to assess the risks, look over a shorter horizon than usual, and be ready to respond to new information."

Continue reading here...



Exploring Pike Place!

 

I had a great time riding the famous bronze pig at Pike Place Market in Seattle while celebrating a good friend’s birthday. It was a fun and silly moment during our 3 hour downtown Seattle food tour. The market was full of energy, with fresh produce, seafood, hidden restaurants, and food stalls around every corner. I highly recommend the tour. It was something different, filling for both heart and belly, and a greatway to explore the city. Let me know if you want my tour guide’s contact info!



Thanksgiving Giveaway!

 

 Thanksgiving Giveaway Alert! 

Want to win a fun Thanksgiving prize
Here’s how to enter:

 How to Enter:
 Follow us on Facebook & Instagram
 Like this post
 Comment what you’re grateful for
 Tag a friend in the comments
 Tag us [@mylyne.associates] and use #ThankfullBC2025

 Deadline to Enter: October 11 at 11 PM
 Winner Announced: October 12 at 12 PM
 Prize: A cozy Thanksgiving Gift Basket

We can’t wait to see your heartwarming memories and read what you’re thankful for! 



Foreclosures

 

Oct 2025 Burnaby Detached
Oct 2025 Chilliwack Attached
Oct 2025 Abbotsford Attached
Oct 2025 Abbotsford Detached
Oct 2025 Langley Attached
Oct 2025 Burnaby Attached
Oct 2025 Chilliwack Detached
Oct 2025 Langley Detached
Oct 2025 Mission Detached
Oct 2025 New West Attached
Oct 2025 North Van Detached
Oct 2025 North Van Attached
Oct 2025 Pitt Meadows Maple Ridge Attached
Oct 2025 Richmond Detached
Oct 2025 Tricities Detached
Oct 2025 Pitt Meadows Maple Ridge Detached
Oct 2025 Richmond Attached
Oct 2025 Tricities Attached
Oct 2025 Surrey Attached
Oct 2025 Surrey Detached
Oct 2025 White Rock South Surrey Attached
Oct 2025 West Van Attached
Oct 2025 West Van Detached
Oct 2025 White Rock South Surrey Detached
Oct 2025 Vancouver Detached
Oct 2025 Vancouver Attached



How to Prepare Your Home for Winter

 

Winter is a season that brings along chilly temperatures, snow, and icy conditions. While it is a beautiful time of year, it is crucial to take certain precautions and make necessary preparations to ensure that your home remains warm and cozy during this period. As you take the time to prepare your home for winter, you can not only protect your property from potential damage but also create a comfortable and inviting space to retreat to during the coldest months of the year.

Essential Tips in Preparing Your Home for Winter Heating System Maintenance

Schedule a professional inspection to ensure that your furnace or heat pump is in good working condition. Clean or replace air filters regularly to improve air quality and maximize efficiency. Consider installing a programmable thermostat to regulate temperature and save energy during winter. Additionally, ensure to stock up on sufficient fuel or arrange regular deliveries to avoid running out during the colder months.

Protect Plumbing and Pipe

Drain and disconnect outdoor hoses and shut off exterior water sources. Insulate exposed pipes to prevent them from freezing and bursting. In cold weather, allow faucets to drip slowly to prevent freezing. It is also advisable to know the location of your main water shut-off valve in case of emergencies. You may also insulate your water pipes if you’re planning to take a vacation during winter.

Check Your Roof and Gutter

Clean out gutters and downspouts to ensure proper drainage. Consider installing heating cables along the roof edges to melt ice and prevent the formation of ice dams. Inspect your roof for any damage or leaks and repair them promptly. Additionally, ensure the downspout is away from your home to prevent flooding and water damage. Installing gutter guards is a valuable investment as they can effectively keep debris out.

Continue reading here...



September 2025 Announcement, Foreclosures, and Market Update

Mylyne & Associates -

Stonehaus Realty Corp.

info@mylyne.com
604.723.2000
http://www.mylyne.com/

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20th Wedding Anniversary

 

I recently celebrated 20 years of marriage with my high school sweetheart, which means we've officially been together for 30 years!!  That’s three decades of love, laughter, and pretending to agree on what to watch on Netflix.. :)

To celebrate, we bought each other golf drivers and tons of balls.  Because nothing says “cheers to 30 years” quite like trying to outdrive each other on the fairway.  The competition is on!  

This picture was taken at Furry Creek, tough course, but our new fave!  Come join us!



Real Estate Market in Summer 2025: A Look at the Current Trends

 

As we head into the second half of 2025, the real estate market continues to shift, creating a more balanced environment for buyers and sellers. Here's a quick look at what's happening.

Prices and Sales

Home prices are seeing a slight decrease nationally, but the market is highly regional. In some of the most expensive provinces like Ontario and British Columbia, prices are seeing larger declines. In more affordable regions such as the Prairies and Atlantic Canada, prices remain more stable or are even rising. Sales have also been down as many are taking a "wait-and-see" approach.

Interest Rates

Interest rates have been a major influence. While the Bank of Canada has made some rate cuts this year, overall mortgage rates haven't dropped significantly. This has led many prospective buyers to hold off on purchasing, waiting for more favorable borrowing conditions.

What This Means for You

For Buyers: This could be an opportunity. With more homes on the market and less competition, you may have more options and negotiating power.

For Sellers: You may need to adjust your expectations. Pricing your home competitively and making sure it's in top condition is crucial to standing out.

For Everyone: The market is always changing. Staying informed about local trends is key to making a sound decision.



Off to a Great Start: Making the Most of the New School Year!

 

The new school year is officially underway, and we hope everyone has had a positive and exciting return to the classroom. As students throughout the Lower Mainland settle into their new routines, a little planning can go a long way in making this a successful year.

Here are a few tips to help your family get into a great rhythm:

Communicate and Connect: Now is a great time to talk about the day's highlights. Ask questions like, "What was the most interesting thing you learned today?" to open up conversations about their new experiences.

Embrace the New Routine: Homework time, bedtime, and morning routines all help set the stage for success. Sticking to a consistent schedule helps children stay focused and well-rested.

Stay Organized: Keep a central spot for school notices and forms to avoid missing important dates and information.

We are so excited to see all the learning and growth that will take place this year. Wishing everyone a wonderful start to the school year!



August Foreclosures

 

Sept 2025 Burnaby Detached
Sept 2025 Chilliwack Attached
Sept 2025 Abbotsford Attached
Sept 2025 Chilliwack Detached
Sept 2025 Langley Detached
Sept 2025 Burnaby Attached
Sept 2025 Abbotsford Detached
Sept 2025 Maple Ridge Attached
Sept 2025 Langley Attached
Sept 2025 Maple Ridge Pitt Meadows Detached
Sept 2025 South Surrey White Rock Attached
Sept 2025 North Van Attached
Sept 2025 New West Attached
Sept 2025 Richmond Detached
Sept 2025 Mission Detached
Sept 2025 Tricities Detached
Sept 2025 Tricities Attached
Sept 2025 South Surrey White Rock Detached
Sept 2025 Surrey Attached
Sept 2025 Richmond Attached
Sept 2025 West Vancouver Detached
Sept 2025 West Vancouver Attached
Sept 2025 Vancouver Detached
Sept 2025 Vancouver Attached
Sept 2025 Surrey Detached



Read the fine print on your travel medical insurance!!

 

When our eldest son started university in Arizona, we bought the “best” medical insurance the school recommended. We were satisfied with the low deductible and good coverage.

But when he was hospitalized for a week in May with severe tonsillitis that blocked his airways, the reality hit. Because his illness was not “sports-related,” the school refused to cover their 20% portion. We were left with a $20,000 bill.  Had he needed surgery, he would have surpassed the maximum coverage as well.  Until now, we are still fighting this bill.

Lesson learned:   Read the fine print, ask about exclusions, deal with a licensed advisor who has access to different plans.  As an example, $100,000 hospitalization is not enough.  I was able to obtain a "no cap" hospital coverage with a max of $3000 deductible for major medical attention.  Had we known about this new policy, our payable would have only been $150 since there was no surgery required.

***Before your cross the border, make sure you have adequate insurance***



Passport Control

 

If a trip out of the country is coming your way, make sure you follow these two passport tips.

First, be aware of when your passport expires. Travel can be restricted if there is less than six months left on your passport. Renewing your passport can take longer than it should and there are options to obtain an emergency passport but best be prepared.

For international travel, passports generally need at least one blank page, but some countries may require two to four blank pages. The specific number can vary depending on the destination country's visa requirements. It's advisable to check the specific requirements of your destination country before traveling. Here's a more detailed breakdown:

One page: This is the minimum requirement for many countries, as it's needed for visa and entry/exit stamps according to Canada.ca.

Two or more pages: Some countries require more than one blank page.  For example, countries that issue full-page visas or have strict entry/exit stamp requirements may need more blank space according to Travel Stack Exchange.

Checking with your airline: Some airlines may have their own policies regarding blank pages and may not allow boarding if you don't meet their requirements.

Checking with the embassy: According to Travel Stack Exchange, while some embassies don't specify exact numbers, it's always a good idea to check with the specific embassy of your destination country for their requirements. 



August 2025 Announcement, Foreclosures, and Market Update

Mylyne & Associates -

Stonehaus Realty Corp.

info@mylyne.com
604.723.2000
http://www.mylyne.com/

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Reap what you sow...

 

Harvesting what you’ve grown is a powerful reminder that the effort you put in today pays off tomorrow. The same goes for real estate, it’s an investment that takes planning and care, but over time, it grows into something valuable. Whether it’s a garden or a home, putting down roots in the right place can lead to lasting rewards.



Changes to First Time Home Buyer G.S.T. Rebate

 

From Tony Spagnolo - Spagnolo LLP  https://bcrealestatelawyers.com/

On May 27, the Federal Government issued a press release that is very important for first time home buyers of new homes (and co-ops): a full GST rebate on homes under $1 million, and a partial rebate on homes between $1 million and $1.5 million.

Per the press release (the link to which is found at the bottom), the Excise Tax Act will be amended to provide a rebate to first time home buyers. In basic terms, it means that First Time Home Buyers will still pay the GST on the closing of a purchase of a qualifying home but will be eligible for a rebate of the full amount (up to $50,000).

The rebate is phased out in a linear manner from $1-1.5 million. So for example, a home that is $1.4 million would lose 80% of the rebate – in other words, it would still be eligible for a 20% ($10,000) rebate!

This policy will hopefully spur some activity in the pre-sale market and help first time buyers enter the market.

The full press release can be found here: https://www.canada.ca/en/department-finance/news/2025/05/gst-relief-for-first-time-home-buyers-on-new-homes-valued-up-to-15-million.html



Passport Control

 

If a trip out of the country is coming your way, make sure you follow these two passport tips.

First, be aware of when your passport expires. Travel can be restricted if there is less than six months left on your passport. Renewing your passport can take longer than it should and there are options to obtain an emergency passport but best be prepared.

For international travel, passports generally need at least one blank page, but some countries may require two to four blank pages. The specific number can vary depending on the destination country's visa requirements. It's advisable to check the specific requirements of your destination country before traveling. Here's a more detailed breakdown:

One page: This is the minimum requirement for many countries, as it's needed for visa and entry/exit stamps according to Canada.ca.

Two or more pages: Some countries require more than one blank page.  For example, countries that issue full-page visas or have strict entry/exit stamp requirements may need more blank space according to Travel Stack Exchange.

Checking with your airline: Some airlines may have their own policies regarding blank pages and may not allow boarding if you don't meet their requirements. Checking with the embassy: According to Travel Stack Exchange, while some embassies don't specify exact numbers, it's always a good idea to check with the specific embassy of your destination country for their requirements. 



August 2025 Foreclosures

 

August 2025 Burnaby Detached
August 2025 Chilliwack Attached
August 2025 Abbotsford Attached
August 2025 Burnaby Attached
August 2025 Abbotsford Detached
August 2025 Chilliwack Detached
August 2025 Langley Attached
August 2025 Maple Ridge Attached
August 2025 Langley Detached
August 2025 Maple Ridge Detached
August 2025 North Van Detached
August 2025 Tricities Detached
August 2025 Mission Attached
August 2025 Tricities Attached
August 2025 Richmond Detached
August 2025-Surrey Detached
August 2025 Surrey Attached
August 2025 New West Attached
August 2025 Mission Detached
August 2025 Richmond Attached
August 2025-Vancouver Attached
August 2025 West Vancouver Attached
August 2025 White Rock Attached
August 2025 West Vancouver Detached
August 2025 White Rock South Surrey Detached
August 2025 Vancouver Detached



🏦 Bank of Canada Holds Rates – What It Means for B.C. Mortgages

 

On July 30, 2025, the Bank of Canada kept its key interest rate at 2.75%. This marks the third time in a row they’ve held steady. The Bank is being cautious because inflation is still higher than it wants and there's uncertainty around U.S. trade policies.

πŸ” What This Means for You βœ… Variable-Rate Mortgages

No change. Since the Bank held its rate steady, variable mortgage rates will stay the same for now.

βœ… Fixed-Rate Mortgages

Fixed rates are based on bond markets. These have dropped slightly, so fixed mortgage rates might come down a little, but not by much yet.

πŸ” Renewals Ahead

Most B.C. homeowners with five-year fixed mortgages will face higher payments when renewing in 2025–2026, likely around 10% more per month.

πŸ“… What’s Next?

The next rate decision is on September 17. The Bank may cut rates later this year—if inflation falls more and trade worries ease.

Bottom Line:
Rates are holding steady. No big changes yet, but if things improve, mortgage relief may be coming later in 2025.

Let me know if you’d like a quick estimate based on your mortgage!



Buying With 5% Down - What You Gain (And What You Give Up)

 

You’ve got two choices:

Save for years to hit 20% down or buy with 5% down and get in the market now.

Both come with baggage. One delays your wealth, the other costs more to build it.

If you're staring down today’s home prices thinking, “I’ll never save enough,” you’re not alone. Before you jump into a 5% down mortgage, understand this: getting in early isn’t free, it just feels like it.

Let’s break down exactly how low-down payment mortgages work, where they help, and where they bite you.

Read More...



Mylyne & Associates - May 2024 Announcement, Foreclosures, and Market Update

Mylyne & Associates -

Stonehaus Realty Corp.

info@mylyne.com
604.723.2000
http://www.mylyne.com/

Mylyne & Associates - Facebook Mylyne & Associates - Instagram

πŸŽ“ Exciting Announcement! πŸŽ“

 

We are thrilled to share the wonderful news that our eldest son has been accepted into Arizona Christian University's Bachelor in Business Administration program with a Major in Entrepreneurship! What's more, he has been awarded a baseball scholarship to continue playing as a catcher for the well known ACU Firestorm team.

We couldn't be prouder of his accomplishments and the bright future that lies ahead. Please join us in wishing him all the best as he gears up for this exciting adventure, with his move to Arizona scheduled for August.



Budget 2024 housing highlights: capital gains inclusion rate on secondary homes rises to 66.7%

 

Housing was a key priority in today’s federal budget, though it came as no surprise given the array of housing-related policy announcements unveiled in recent weeks.

The 2024 budget included $52.9 billion in new spending plans, which will result in a projected deficit of $39.8 billion this fiscal year before gradually declining to $20 billion by 2028-29.

Many of the budget’s commitments are focused on easing the affordability challenges facing young Canadians, particularly when it comes to achieving homeownership.

Conversely, many of the new tax announcements are aimed at wealthier Canadians.

Change to capital gains inclusion rate

One new measure unveiled today that will impact some real estate transactions was the increase to the capital gains inclusion rate. This applies to annual gains above $250,000 for individuals and to all gains for corporations and trusts.

The new rate rises from 50% to 66.7% for dispositions on or after June 25, 2024, including sales of non-principal residences (such as vacation homes or investment properties).

The budget reaffirmed that sales of principal residences “will remain fully exempt from the tax on capital gains.”

Roughly 4.4 million Canadians (11%) own at least two homes, according to 2023 research from Royal LePage.

Let’s say you own a second vacation home that you originally bought for $200,000 and you sell it for $500,000. The profit you made from the sale is $300,000.

Under the previous tax rules, you would include 50% of your $300,000 gain in your taxable income for the year. That means you would pay taxes on $150,000 of your profit.

With the new tax rules, the capital gains inclusion rate has increased to 66.7%. This means you now have to include 66.7% for annual gains above $250,000. This means you still include 50% of the first $250,000 and 66.7% of your next $50,000 gain in your taxable income, meaning you would pay taxes on $158,350 of your profit.

Taxable amount for the first $250,000: 250,000 × 0.50 = $125,000Taxable amount for the next $50,000: 50,000 × 0.667 = $33,350Total taxable amount: $158,350

Other housing announcement highlights

The Liberal government unveiled numerous initiatives and policy announcements in the past several weeks. This included the release of its 28-page housing strategy entitled ‘Solving the housing crisis: Canada’s Housing Plan.’

Among some of the highlights of those announcements:

30-year amortizations for some first-time buyers: Starting August 1, the maximum amortization will be raised from 25 to 30 years for first-time buyers purchasing a new-build property with a down payment of less than 20% (an insured mortgage). The government also proposed changes to the Canadian Mortgage Charter that would allow permanent amortization relief for qualifying existing homeowners.
Increase to the Home Buyers’ Plan limit:Starting today, first-time buyers will be able to withdraw up to $60,000 (previously $35,000) from their Registered Retirement Savings Plan (RRSP) tax-free for the purchase of their first home. This includes an extension of the grace period to start repaying the loan by an additional three years.
Additional protections for renters in the form of a Canadian Renters’ Bill of Rights. This includes the launch of a Tenant Protection Fund and leveraging rental payment history to improve credit scores.
Housing Accelerator Fund increase: A $400-million top-up to this $4-billion fund.
A plan to build 3.87 million new homes by 2031, including 2 million net new homes in addition to the 1.87 million homes that the Canada Mortgage and Housing Corporation forecasts will be built by that year.
The launch of Canada Builds, a program that combines federal low-cost loans with provincial and territorial investments to scale up the construction of rental homes on under-utilized lands.
$10 million invested in the Skilled Trades Awareness and Readiness program to motivate high school students to pursue careers in the skilled trades.
$50 million directed to the Foreign Credential Recognition Program, specifically to support residential construction and assist skilled trades workers in building more homes.
$90 million for the Apprenticeship Service, to create apprenticeship opportunities to train and recruit the next generation of skilled trades workers.
Modernizing housing data: $20 million for Statistics Canada and CMHC to modernize and enhance the collection and dissemination of housing data, including municipal-level data on housing starts and completions.
Cracking down on mortgage and real estate fraud: The government said it plans to consult with the mortgage industry on developing income verification toolsthrough the Canada Revenue Agency.



May 2024 Foreclosure

 

May 2024 White Rock Detached
May 2024 West Vancouver Detached
May 2024 White Rock Attached
May 2024 Surrey Attached
May 2024 Tricities Detached
May 2024 Surrey Detached
May 2024 West Vancouver Attached
May 2024 Tricities Attached
May 2024 Vancouver Detached
May 2024 Vancouver Attached
May 2024 Richmond Detached
May 2024 Maple Ridge Attached
May 2024 North Van Attached
May 2024 Maple Ridge Detached
May 2024 Mission Attached
May 2024 Mission Detached
May 2024 Richmond Attached
May 2024 North Van Detached
May 2024 Chilliwack Attached
May 2024 Burnaby Detached
May 2024 Langley Attached
May 2024 Chilliwack Detached
May 2024 Abbotsford Attached
May 2024 Burnaby Attached
May 2024 Langley Detached
May 2024 Abbotsford Detached



Mother's Day Ideas

 

Food Truck Festival – over 20 food trucks are at BCIT on May 11th and 12th for the food truck festival-style event. There are also artisan vendors and live entertainment. Admission is free.

Places des Arts – in 2023 a concert took place at the arts centre in Coquitlam on Saturday, May 13th.

Kilby Historic Site – the historic farm in Harrison Mills near Harrison Hot Springs has special Mother’s Day activities.

Mother’s Day Tea & Plant Sale – the annual plant sale and Mother’s Day Tea takes place at London Heritage Farm in Richmond.

Abbotsford Tulip Festival  or Harrison Tulip Festival

Royal Canadian International Circus in Surrey

Buffet Brunches – a number of downtown Vancouver restaurants offer fancy Mother’s Day brunch buffets on the Sunday. Participating restaurants most years include those at the Westin BayshorePinnacle Waterfront and other hotels.

Mother’s Day Cruise – there is a cruise with Vancouver Boat Parties for moms and their families on May 12th in 2024. Tickets include dinner and three hours of sailing.



Finding Government Grants For Your Business

 

Did you know there are millions of grant dollars that go unclaimed every year?

That's because the government is not in the business of marketing or promoting benefits; it's up to individuals to find out on their own.

The Business Benefits Finder is an easy start to find resources for your business or if you plan to start a new business.

Here is the business grants overview page on financing programs, wage subsidies, tax credits.

And remember there are strings attached for receiving free money. 



"HOW" You Spend Your Money Can Be More Important Than The Amount Of Money You Have

 

When most people think about money, they will think about how much money they spend each month.  It’s only natural to look at money going in and money going out.

But, have you ever thought about how you spend the money you have?

In the world of finance, there are many financial tools available to homeowners from credit cards, to home equity lines of credit (HELOC), to home equity loans & refinancing, and nearly unlimited bank account & investment options too.

Have you ever sat down and really looked at how the money you earn gets spent or allocated?

Some homeowners have managed to master these tools and have been able to stay out of debt, pay off their homes faster, acquire investment properties, and retire sooner than others in similar financial positions.  Why?

It turns out, it’s not just about earning more income when you want to achieve big financial goals.  In fact, some of the homeowners that we work with have learned it is more about how they are spending their money rather than how much of it they have in the first place.

Think about this: let’s say you have a $400,000 mortgage and you’ve just renewed it for a 25-year amortization.  Under normal circumstances, you will pay that mortgage for 25 years.  Or maybe a little less if you decide to pay accelerated weekly/biweekly (approximately 21-22 years instead).

What if, simply by changing how you spend money, you could pay off your 25-year mortgage in 10 or 15 years instead without giving up the things you love… sports events, dinner out, hobbies, extra-curriculars for the kids.

Would you like to learn more?  Reach out to me anytime for a free review of your mortgage finances and how to save years off the life of your debt and maybe even retire a little sooner too.



Mylyne & Associates - April 2024 Presales, Foreclosures, and Market Update

Mylyne & Associates -

Stonehaus Realty Corp.

info@mylyne.com
604.723.2000
http://www.mylyne.com/

Mylyne & Associates - Facebook Mylyne & Associates - Instagram

Our Top Presale Picks

 

Click for more information, pricing and downpayment structure.  Contact us for private viewings.

1.  Pkwy by Bosa in Surrey

2.  Azure in Langley

3.  Fraser Mills in Coquitlam

4.  Reign at Metrotown

5.  Stowa in Surrey

6. Scale in Langley

7.  Ethos at Metrotown



Spring Home Renovation Tips: Refresh And Renew Your Space

 

As the snow melts and the days grow longer, the arrival of spring brings with it a sense of renewal and rejuvenation. For many homeowners, it’s the perfect time to tackle home renovation projects that not only enhance the aesthetics of their living spaces but also improve functionality and efficiency. Here are some essential tips to help you refresh and renew your home this spring:

1. Plan Ahead: Before you dive into your renovation projects, take the time to plan. Decide on the areas of your home that need the most attention and prioritize projects based on your budget and the time you have available. Consider both aesthetic updates and practical improvements that can increase your home’s value.

2. Focus on Curb Appeal: Spring is the ideal season to enhance your home’s exterior. Simple updates like painting your front door, replacing old house numbers, or adding fresh landscaping can make a significant impact. Consider pressure washing your siding, driveway, and walkways to remove winter grime.

3. Refresh Your Paint: A fresh coat of paint can breathe new life into any room. Spring’s natural light can help you assess which areas of your home could benefit most from a repaint. Opt for light, airy colors to reflect the season and make your spaces feel larger and more inviting.

4. Update Your Lighting: As the days get longer, natural light changes the ambiance of your home. It’s a great time to reassess your lighting fixtures and consider upgrades or additions that enhance the brightness and mood of your rooms. Energy-efficient LED lights can also help reduce your electricity bills.

5. Optimize Your Outdoor Space: With warmer weather on the horizon, focusing on your outdoor living area is a wise move. Whether it’s repairing your deck, setting up a new patio area, or planting a garden, these renovations can extend your living space outdoors and provide a serene retreat.

6. Tackle the Clutter: Spring cleaning is a pivotal part of the season. Use this time to declutter and organize your home. Consider adding new storage solutions or reorganizing existing ones to maximize space and functionality.

7. Think Green: Incorporating energy-efficient updates can lead to long-term savings and contribute to a healthier planet. Consider double-pane windows, enhanced insulation, or eco-friendly materials for your renovation projects.

8. Hire Professionals When Needed: While DIY projects can be rewarding, some renovations require a professional touch. Hiring experts for electrical work, plumbing, or structural modifications ensures safety and adherence to local building codes.

Spring is a time of new beginnings, making it the perfect season to refresh and renew your home. By planning carefully and focusing on both aesthetics and functionality, you can create a more comfortable, efficient, and beautiful living environment. Remember, small changes can make a big difference, setting the stage for a year of enjoyment in your freshly updated home.



Attn: Small Businesses

 

Whalley Little League's Annual Event

Looking to get some exposure for your business in Surrey.  This is event is earning its reputation in town. 

Click here for sponsorship info.



April 2024 Foreclosures

 

April 2024 Abbotsford Attached
April 2024 Chilliwack Attached
April 2024 Burnaby Detached
April 2024 Chilliwack Detached
April 2024 Abbotsford Detached
April 2024 Maple Ridge Attached
April 2024 Burnaby Attached
April 2024 Mission Attached
April 2024 Maple Ridge Detached
April 2024 Langley Detached
April 2024 New West Detached
April 2024 North Van Detached
April 2024 North Van Attached
April 2024 Tricities Attached
April 2024 Richmond Detached
April 2024 Surrey Attached
April 2024 Richmond Attached
April 2024 Surrey Detached
April 2024 Tricities Detached
April 2024 White Rock Attached
April 2024 West Vancouver Attached
April 2024 White Rock Detached
April 2024 West Vancouver Detached
April 2024 Vancouver Attached



Your 2024 Tax Claims Kick Off

 

Most Canadians must file their tax return by April 30, which is also the deadline to make a payment for those who owe money to the government.Canadians who are self-employed, along with their spouses or common-law partners, have until June 15. Since that day falls on a weekend, the CRA will consider a return to be on time if it is received by or postmarked on or before June 17.

Self-employed Canadians must still pay money owed to the CRA by the April 30 deadline to avoid paying interest.

FHSA, home office claims among changes

This marks the first year that taxpayers will be able to enter deductions on the First Home Savings Account (FHSA), a type of tax-free account rolled out by the federal government last year to help Canadians save on their first home.

"Your contributions to the FHSA are tax-deductible, while your withdrawals — as long as you use them for the down payment of a purchase of your first home — are tax-free," said Gerry Vittoratos, a national tax specialist with UFile.ca.

The program allows prospective homebuyers to start saving for up to 15 years once they open an account, with an annual $8,000 deposit cap and a lifetime contribution limit of $40,000.

Canadians who've opened this type of account will receive a new slip called the T4FHSA, which will provide the details needed to complete your tax return.

Financial institutions and employers have until the end of February to send tax slips to the CRA. So most taxpayers might not even get their slips until early March, "and that's really the kick-off of the season," Vittoratos said.

Canadians might also notice that the temporary flat-rate method for claiming employees' home office expenses — such as rent, electricity, internet and office supplies — is no longer available.



Should You Own Residential Rental Properties in your Corporation or Personal Name

 

If you have an operating company:
98% of the time: Corporation

If you are an employee:
98% of the time: Personal Name 

Corporations change the game dramatically with the use of small business tax rates.  Small business tax rates in BC are at 11% with net income < $500k. 

If your property is owned in the corporation, the operating company earnings can be used for:
1. Down payments
2. Negative cash flow
3. Mortgage pay down
4. Renovations

All of this is done without paying personal tax.  

If you are an employee, you already pay the maximum tax, therefore there is no real reason to use corporations outside of legal protection.