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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.
Federal Budget 2024: What are the proposed capital gains tax changes and how might they affect me?
The capital gains tax inclusion rate – today and tomorrow
Today, only 50% of the capital gain is taxable (this is known as the capital gains tax inclusion rate). This means that $50,000 of the $100,000 earned from the sale of the cottage in our example is added as income for that tax year.
Here’s an example:
Your regular income, earned from your full-time job, is $75,000
You make a $100,000 profit from the sale of your cottage (after you pay real estate fees, closing costs, etc.)
50% of the profit is taxable, which means you add $50,000 to your income during the tax year in which you realized this capital gain
$75,000 + $50,000 = a total income for that tax year of $125,000
The amount of tax you ultimately pay in that year will depend on your tax bracket and its marginal tax rate.
The two low-rise buildings, a high-rise tower planned for 2050-2070 Marine Drive in North Vancouver up for sale
One of the larger ongoing development projects on the North Shore is the subject of foreclosure proceedings as a result of a substantial amount of debt and has now been listed for sale, according to filings in the Supreme Court of British Columbia and a sales brochure.
The development was set for 2050-2070 Marine Drive and 2000 Curling Road in the District of North Vancouver, a few minutes east from the Capilano River and the border with the District of West Vancouver.
The site is formerly home to the Travelodge Hotel by Wyndham Vancouver Lions Gate and a Denny's diner. The Pho Japolo restaurant on the site remains open.
Vancouver considers more gambling at city's two casinos
The B.C. Lottery Corporation wants Vancouver to lift or amend its 13-year-old moratorium on the expansion of gambling in the city.
According to the city’s general manager of arts, culture and community services, Margaret Wittgens, there has been recent interest from the BCLC to expand gambling at the city’s two casinos — Parq and Hastings Racecourse.
“BCLC is seeking to expand gambling opportunities at the Parq and Hastings Racecourse casinos by potentially increasing the number of slot machines and table games,” Wittgens wrote in a report going to council’s committee on policy and strategic priorities on May 8.
The RE/MAX® brand delivers notable advantages – for agents with a RE/MAX brokerage
As the 2024 RE/MAX vs. The Industry report shows, RE/MAX agents are the most productive, meaning they close more transaction sides than other real estate agents, on average. In fact, RE/MAX agents closed an average of 11.8 transaction sides throughout 2023, nearly double that of the competition
But productivity isn’t the only place RE/MAX shines. The annual report, which ranks the results of national, full-service brokerage brands in the U.S., also highlights that the balloon-backed brand dominated in unaided brand awareness at 36.4%.
The clock is now ticking on hefty fines for those who don’t fall in line reguarding short-term rentals
The province’s short-term-rental compliance enforcement unit officially swings into action Wednesday, as B.C.’s new rules banning most short-term rentals come into effect.
The new rules passed in the fall — part of a multi-pronged approach to create more homes to rent or buy amid a national housing crisis — are aimed at converting thousands of short-term rentals into long-term rental housing for people who work and live in the province.
Despite pressure from vacation-rental owners, Premier David Eby and Housing Minister Ravi Kahlon have not backed down from the controversial initiative to “rein in profit-driven mini-hotel operators” and return homes to people who need them.
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