Carol Palfrey Associate Broker
" The Eastside is my Neighbourhood "

1 (604) 818-7422
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Cell:1 (604) 818-7422
Office :1 (604) 263-1911
Mailing Address:
4387 Main Street
Vancouver, BC
V5V 3R1 Canada

I have listed a new property at 306 1484 Charles ST in vancouver.
Lovely quiet light filled unit in the heart of Commercial Drive! This lovely penthouse unit with large East facing balcony and cozy gas fire place has it all! Overlooking the bike path of Woodland dr. and only two blocks from the Commercial, this lovely pocket with tree lined streets, character houses and steps to Britannia community centre and field. Parking and storage included and maintenance includes heat and hot water. Great unit with lovely master bedroom, good sized living and dining room. Great pro active strata in pet friendly building, non smoking building with updated common areas. Don't miss out! First Open Thursday May 24th 5-6 and Saturday May 26th 2-4!
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Please visit our Open House at 306 1484 Charles ST in vancouver.
OPEN HOUSE: May 24th 5-6
Lovely quiet light filled unit in the heart of Commercial Drive! This lovely penthouse unit with large East facing balcony and cozy gas fire place has it all! Overlooking the bike path of Woodland dr. and only two blocks from the Commercial, this lovely pocket with tree lined streets, character houses and steps to Britannia community centre and field. Parking and storage included and maintenance includes heat and hot water. Great unit with lovely master bedroom, good sized living and dining room. Great pro active strata in pet friendly building, non smoking building with updated common areas. Don't miss out! First Open Thursday May 24th 5-6 and Saturday May 26th 2-4!
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Please visit our Open House at 306 1484 Charles ST in vancouver.
OPEN HOUSE: May 26th
Lovely quiet light filled unit in the heart of Commercial Drive! This lovely penthouse unit with large East facing balcony and cozy gas fire place has it all! Overlooking the bike path of Woodland dr. and only two blocks from the Commercial, this lovely pocket with tree lined streets, character houses and steps to Britannia community centre and field. Parking and storage included and maintenance includes heat and hot water. Great unit with lovely master bedroom, good sized living and dining room. Great pro active strata in pet friendly building, non smoking building with updated common areas. Don't miss out! First Open Thursday May 24th 5-6 and Saturday May 26th 2-4!
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Please visit our Open House at 203 2295 PANDORA ST in Vancouver.
Open House on Sunday, May 27, 2018 1:00PM - 3:00PM
Feels like a townhome, Bright 2 bedroom corner unit in move-in condition. Completely RAINSCREENED building in Vancouver's East Village. Be wowed by the mountain views and amazing sunsets. Gorgeous morning light in both bedrooms. In suite laundry and a gas fireplace. This strata is pro-active and pet friendly! The Building is right across the street from Pandora Park in the Hastings Sunrise area of East Van, just a short stroll to transit, great shopping and some of Vancouver's best brew pubs and restaurants . This neighbourhood is very family friendly. Move in next month, Come see for yourself. Open House Sunday May 20th 1-3 pm.
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Please visit our Open House at 203 2295 PANDORA ST in Vancouver.
OPEN HOUSE: Sunday May 20th 1-3 pm
Feels like a townhome, Bright 2 bedroom corner unit in move-in condition. Completely RAINSCREENED building in Vancouver's East Village. Be wowed by the mountain views and amazing sunsets. Gorgeous morning light in both bedrooms. In suite laundry and a gas fireplace. This strata is pro-active and pet friendly! The Building is right across the street from Pandora Park in the Hastings Sunrise area of East Van, just a short stroll to transit, great shopping and some of Vancouver's best brew pubs and restaurants . This neighbourhood is very family friendly. Move in next month, Come see for yourself. Open House Sunday May 20th 1-3 pm.
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Please visit our Open House at 203 2295 PANDORA ST in Vancouver.
Open House on Sunday, May 20, 2018 1:00PM - 3:00PM
Feels like a townhome, Bright 2 bedroom corner unit in move-in condition. Completely RAINSCREENED building in Vancouver's East Village. Be wowed by the mountain views and amazing sunsets. Gorgeous morning light in both bedrooms. In suite laundry and a gas fireplace. This strata is pro-active and pet friendly! The Building is right across the street from Pandora Park in the Hastings Sunrise area of East Van, just a short stroll to transit, great shopping and some of Vancouver's best brew pubs and restaurants . This neighbourhood is very family friendly. Move in next month, Come see for yourself. Open House Sunday May 20th 1-3 pm.
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Please visit our Open House at 203 2295 PANDORA ST in Vancouver.
OPEN HOUSE: Saturday May 12th and Sunday May 13th 1-3 pm
Feels like a townhome, Bright 2 bedroom corner unit in move-in condition. Completely RAINSCREENED building in Vancouver's East Village. Be wowed by the mountain views and amazing sunsets. Gorgeous morning light in both bedrooms. In suite laundry and a gas fireplace. This strata is pro-active and pet friendly! The Building is right across the street from Pandora Park in the Hastings Sunrise area of East Van, just a short stroll to transit, great shopping and some of Vancouver's best brew pubs and restaurants . This neighbourhood is very family friendly. Move in next month, Come see for yourself. Open House Saturday and Sunday May 12th/13th 1-3 pm.
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I have listed a new property at 203 2295 PANDORA ST in Vancouver.
Feels like a townhome, Bright 2 bedroom corner unit in move-in condition. Completely RAINSCREENED building in Vancouver's East Village. Be wowed by the mountain views and amazing sunsets. Gorgeous morning light in both bedrooms. In suite laundry and a gas fireplace. This strata is pro-active and pet friendly! The Building is right across the street from Pandora Park in the Hastings Sunrise area of East Van, just a short stroll to transit, great shopping and some of Vancouver's best brew pubs and restaurants . This neighbourhood is very family friendly. Move in next month, Come see for yourself. Open House Thursday May 10th 5:30 to 6:30 and Saturday and Sunday May 12th/13th 1-3 pm.
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I have listed a new property at 106 2355 Trinity ST in VANCOUVER.
Top 10 Reasons to Make This Your Next Home: 1. 846 square feet of outdoor space! Enjoy solitude or entertaining in the large quiet and private fenced yard full of planter boxes for your gardening creativity 2. Abundance of natural light, corner unit 3. Central location: easy commute to downtown, North Shore and the Highway 4. Tastefully updated suite with nearly 900 square feet of living space 5. Side-by-side parking stalls 6. Large master bedroom (fits king size bed) 7. Walk through closet to second bathroom 8. Steps to a plethora of parks 9. Blossoming area with craft breweries and trendy restaurants a short walk away 10. Quiet and close community full of really awesome people! Schools: K-4 Tillicum, K-7 Hastings Elementary, 8-12 Templeton. Open House Saturday and Sunday from 2-4pm.
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Please visit our Open House at 106 2355 Trinity ST in VANCOUVER.
OPEN HOUSE: Sunday May 6th 2-4 pm
Top 10 Reasons to Make This Your Next Home: 1. 846 square feet of outdoor space! Enjoy solitude or entertaining in the large quiet and private fenced yard full of planter boxes for your gardening creativity 2. Abundance of natural light, corner unit 3. Central location: easy commute to downtown, North Shore and the Highway 4. Tastefully updated suite with nearly 900 square feet of living space 5. Side-by-side parking stalls 6. Large master bedroom (fits king size bed) 7. Walk through closet to second bathroom 8. Steps to a plethora of parks 9. Blossoming area with craft breweries and trendy restaurants a short walk away 10. Quiet and close community full of really awesome people! Schools: K-4 Tillicum, K-7 Hastings Elementary, 8-12 Templeton. Open House Saturday and Sunday from 2-4pm.
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I have listed a new property at 428 Northcliffe CRES in Burnaby.

We are pleased to offer for sale this extremely rare opportunity for ownership in the quiet, exclusive Westridge community. This wonderful home is set atop a 12,000 sq ft lot with jaw dropping 180 degree views of the Ocean and Mountains. The owner has just meticulously restored this 2,200 sq ft home from top to bottom. Only 20 minutes from downtown Vancouver, yet this area has a quiet, country feel. This home must be seen to be appreciated! Schedule your own private showing today. This opportunity won’t last long! Open House February 4th 1-3 pm.
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Please visit our Open House at 428 Northcliffe CRES in Burnaby.
OPEN HOUSE: SUNDAY FEBRUARY 4TH 1-3 PM

We are pleased to offer for sale this extremely rare opportunity for ownership in the quiet, exclusive Westridge community. This wonderful home is set atop a 12,000 sq ft lot with jaw dropping 180 degree views of the Ocean and Mountains. The owner has just meticulously restored this 2,200 sq ft home from top to bottom. Only 20 minutes from downtown Vancouver, yet this area has a quiet, country feel. This home must be seen to be appreciated! Schedule your own private showing today. This opportunity won’t last long! Open House February 4th 1-3 pm.
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I have sold a property at .
Big Corner Unit with Amazing Mountain View! An excellent investment opportunity in the heart of the Okanagan/UBCO campus. U-Two is a short walking distance to the UBC Okanagan campus. This 3 bed 3 bath well-maintained unit has the ability to generate $2700 per month rent! Furniture included in the price.
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I have sold a property at 2106 1723 ALBERNI ST in Vancouver.
Stunning views from English Bay to Burrard Inlet. Modern with central kitchen, open living room & very good bedroom size. Great useful location close to Stanley Park, Denman, Robson Street & Coal Harbour restaurants. Five minute walk to huge Safeway grocery store, schools, library, etc. Suite is very well designed with no wasted space & great north light, no baking in the sunshine on those hot summer days. Gated/locked garage with attached storage area.
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I have sold a property at 4865 SOUTHSIDE RD in Ryder Lake.
Sitting on a picturesque 1.65 acre lot with GORGEOUS mountain views, this FULLY RENOVATED 2702 sq ft RANCHER w/ BASEMENT awaits a new owner! Updates include: hardwood flooring up & down, stainless steel appliances, H.E. washer/dryer, NEW ROOF 2016, paint, electrical, perimeter drains, landscaping, and MORE! Master retreat built to make you feel on vacation everyday w/ heated tile flooring, ample windows to enjoy nature, open concept master ensuite w/ glass shower, soaker tub, & dual vanities. View deck w/ hot tub. 26'6 x 58 wired shop w/ newer METAL roof (2014), 220 power, water, & covered boat parking. FLAT useable parcel (bring the kids & horses!) w/ great community water. City comforts in a private setting- don't delay!
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As of Monday January 1st 2018, all borrowers will need to pass a stress test before they are allowed to take out mortgages from federally regulated institutions such as banks, regardless of how large their downpayment. People who fail the test won’t be able to buy, and estimates have put the ratio of those who will flunk as high as one-in-five.

What is a stress test?

It’s all about subjecting prospective home purchases to a “What if?” scenario. Specifically, what would be the shape of a given buyer’s finances if interest rates were to suddenly spike.

The concept is relatively new. Insured mortgages in Canada were already subjected to such tests, but they now apply to uninsured mortgages as well, explained Samantha Gale, the CEO of the Mortgage Brokers Association of B.C.

 

How high is the bar? 

Potential buyers will be tested against the greater of either the Bank of Canada’s five-year benchmark rate (now 4.99 per cent) or the rate offered by a lender plus another two per cent.

“For example, if they were to get a mortgage with an interest rate of three per cent, they now need to qualify to show that they can afford five per cent,” Gale explained. 

What if the bar is too high?

Those who fail the test will need to look for something cheaper on the market.

“If you were to buy a home worth $700,000 last year, this year you might only be able to afford a home worth $560,000. That’s quite a big discrepancy,” Gale said, adding that it is probably more important than ever to speak to a mortgage broker to see what the options are.

Why put buyers to a test? 

The federal government is concerned about Canadians’ debt levels, Gale said. Because it has the tools to regulate banks, it is easy for Ottawa to impose mortgage rules rather than rules on other forms of borrowing, she said.

Gale said she did not believe a housing crash like that experienced in the U.S. a decade ago is in the cards. “Generally speaking, people want to stay in their home. They find a way to pay their bills, to pay their mortgage,” she said. 

Do the new rules affect you?

Quite possibly. If you are buying and need to borrow from a bank, they will, and they will also apply to anyone looking to refinance.

While those seeking to renew mortgages under existing terms will not need to re-qualify and be stress tested, those shopping around for a better rate will. “One of the challenges might be that a certain lender might not offer a competitive rate at renewal time, knowing that buyers can’t really shop around,” Gale said.

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I have sold a property at 306 1450 6th AVE W in Vancouver.
A private oasis situated on the third floor at the sought after “Verona” of Portico Village. This bright one bedroom and den over 800 sq. ft. has an open floor plan in immaculate condition with a large south facing balcony. Conveniently located to many amenities such as the South Granville shops, a five minute walk to Granville Island and a variety of restaurants. The building is very well maintained with a full time resident Building Manager. Some of the facilities include a billard room, a well equipped fitness room, a steam room, sauna and hot tub. This suite comes with one parking stall and one storage locker. Pet friendly building.
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I have sold a property at 7272 INLET DR in Burnaby.
A solidly built, well maintained bungalow on a generous 9,156 sq. ft. lot with beautiful views of the North Shore Mountains and Burrard Inlet. This family home has five bedrooms, two updated bathrooms, a renovated kitchen and a large living/dining area. The basement is finished with a brand new two bedroom suite that will assist with your mortgage. The landscaped west facing front yard is ideal for a vegetable garden while the mature back garden is perfect for children and pets and provides ample space for entertaining and relaxing. The home is within walking distance to all levels of schools as well as shopping at Kensington Plaza and recreational facilities such as Kensington ice rink and outdoor pool. Busses to SFU or downtown are only steps away. Call today to book a private showing.
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Please visit our Open House at 7272 INLET DR in Burnaby.
Open House on Saturday, December 9, 2017 1:00PM - 3:00PM Open House
A solidly built, well maintained bungalow on a generous 9,156 sq. ft. lot with beautiful views of the North Shore Mountains and Burrard Inlet. This family home has five bedrooms, two updated bathrooms, a renovated kitchen and a large living/dining area. The basement is finished with a brand new two bedroom suite that will assist with your mortgage. The landscaped west facing front yard is ideal for a vegetable garden while the mature back garden is perfect for children and pets and provides ample space for entertaining and relaxing. The home is within walking distance to all levels of schools as well as shopping at Kensington Plaza and recreational facilities such as Kensington ice rink and outdoor pool. Busses to SFU or downtown are only steps away. Call today to book a private showing.Open House Saturday December 9th 1-3 pm.
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Please visit our Open House at 7272 INLET DR in Burnaby.
Open House on Sunday, November 26, 2017 1:00PM - 3:00PM Open House
A solidly built, well maintained bungalow on a generous 9,156 sq. ft. lot with beautiful views of the North Shore Mountains and Burrard Inlet. This family home has five bedrooms, two updated bathrooms, a renovated kitchen and a large living/dining area. The basement is finished with a brand new two bedroom suite that will assist with your mortgage. The landscaped west facing front yard is ideal for a vegetable garden while the mature back garden is perfect for children and pets and provides ample space for entertaining and relaxing. The home is within walking distance to all levels of schools as well as shopping at Kensington Plaza and recreational facilities such as Kensington ice rink and outdoor pool. Busses to SFU or downtown are only steps away. Call today to book a private showing. Open House Sunday November 26th 1-3 pm.
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