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Wave MLS® Listings
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Building Info
Wave - 13303 103A Avenue, Surrey, BC. V3T 0K6, 28 Storeys, 468 Units, 1st tower estimated completion in Fall 2014., 2nd tower estimated completion Spring 2015. Wave - Rize Alliance's two aquatic-looking towers will rise up on the southeast corner of 104th Avenue and 133rd Street in Downtown Surrey. Wave comprises 450 condos and 18 townhouse units with suites ranging from 1 bedroom to 2 bedroom plus a den with ranging from 522 to over 1,000 sq. ft. With inventive architecture by IBI Group and exquisite interiors by False Creek Design Group, Wave will soon be recognized as the landmark buildings in the Lower Mainland.
Rising 28-stories and literally taking on a wave shape, Wave showcases impressive and iconic architectural statement marked by gorgeous patios with spacious and conforming to the wave theme design. Contemporary interiors feature open-plan layouts and sophisticated finishes, including gourmet kitchens with granite counters, custom cabinetry and sleek stainless steel appliances. Expansive floor-to-ceiling windows bring in natural light, and many suites have panoramic views in every direction. The building also has the great amenities including a rooftop patio, gym, media room, dog wash space, and bike repair area.
Located in the popular North Surrey's community of Whalley, Wave is just two blocks west of the Surrey Central SkyTrain station and north of WestStone's Urban Village project. More than 200 stores are spread out in the Central City Shopping Center; Old Yale Road Elementary, Civic Center Library & City Hall, Holland Park, the King George SkyTrain station, Surrey Memorial Hospital and Simon Fraser University are no more than a leisurely stroll. If you need to travel further, Highway #1, Highway #99, and Fraser Hwy are easily accessible by car.
Foreign landlord fails to pay taxes, CRA goes after tenant
It was a Tax Court of Canada case last year that went mostly under the radar by all except for the legal community who were taken aback by its implications for renters.
A Montreal tenant was audited and ordered to pay the tax he had failed to withhold on the monthly rent to his non-resident landlord, as required by law. As a result, he was ordered to pay six years’ worth of tax as well as the compounded interest and penalties. The Canada Revenue Agency (CRA) could not collect against his overseas landlord, so the Canadian tenant was on the hook.
Royal LePage expands footprint with Lower Mainland acquisitions
The importance of technology to residential property sales – and in turn the investors participating in the market – is once again in the spotlight with Royal LePage’s latest brokerage acquisition in Metro Vancouver.
Royal LePage Elite West, based in Port Coquitlam with offices in Maple Ridge and Abbotsford, announced April 2 that it had shed the Keller Williams banner, becoming the largest-ever Keller Williams conversion Royal LePage has seen as brokerages reassess their affiliation in the wake of turmoil in the U.S.
“They’re happy to be joining a Canadian company,” Phil Soper, president and CEO of Royal LePage, explained toWestern Investorlast week as he returned from events in Vancouver marking the transfer, which adds 175 agents for an initial 10-year term under the Royal LePage banner.
B.C. may need 700K more housing units by 2030, says economist
The province will have to build somewhere in the range of 500,000 to 700,000 housing units by 2030 to restore 2003 and 2004 levels of affordability, according to Braden Batch, lead economist for B.C. at the Canada Mortgage and Housing Corp.
Speaking at a panel discussion Wednesday at the Union of BC Municipalities housing summit in Vancouver, he said that this range already accounts for housing that the province is on track to build. Batch said it is also based on low, medium and high population projections, meaning that numbers may differ based on which projection becomes reality.
The Christ Church Cathedral precinct on the edge of downtown Victoria could be significantly transformed if Concert Properties gets rezoning approval for a two-tower housing project that would bring 370 new homes to what once was a YMCA-YWCA facility.
The Vancouver developer has made an application to rezone 851 Broughton St. to allow for a mixed-use project that will include 26- and 11-storey towers housing 220 condominiums and 150 rental units, respectively.
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