Leanne Drolet

Royal LePage Sterling Realty

Office 604-421-1010

Cell 778-840-7211

Email: Leanne@realtygal.ca

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I have sold a property at 507 8258 207A ST in Langley.
Beautiful Penthouse suite w/view! 2 bedrooms/2 bath & den & TOP quality finishings + many extras! Spacious open concept kitchen w/granite counters, wd cabinets w/recessed under cabinet lighting, soft close cabinets, 2 USB power outlets + S/S appliances! Nice dining area w/high ceilings & open to the spacious living rm w/fp & overlooking the mountain view! 2 spacious master bedrms w/wood built-in closet shelving, one bath w/4pc ensuite & the other w/5pc cheater ensuite. Both baths incl heated tile flooring, heated fog-free mirrors, built-in LED night lights, soft close drawers, built-in medicine cabinet & granite tops! Additional features incl air conditioning, 2 parking & (lg) heated mini storage locker! This is a must see!
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There are many hidden sources of moisture in your home that can lead to serious problems, such as mould. To keep moisture levels in check, consider these tips:


• Bathrooms are an obvious source of moisture build-up. Contractor and TV personality Mike Holmes recommends keeping the fan going for at least a half hour after a shower.


• Check regularly for water infiltration around window and door sills, as well as other intakes into the home, such as dryer vents and cable wiring.


• Determine the humidity level in your home. According to the Environmental Protection Agency, it should be 30-60%. (Keep in mind that humidity may vary greatly from room to room.)


• Regularly inspect caulking around sinks, tubs and showers. Even a tiny break can cause water to leak gradually into the wall or floor, causing damage you may not notice for months.


• Clean up wet spills as soon as possible. On hardwood floors especially, water can seep through and become trapped.


• Repair leaking faucets, toilets and pipes immediately. A drip can quickly become a shower.


Being mindful of moisture today can help you avoid potentially high repair bills later on! 


If you are thinking of buying or selling a home and you would like a Realtor that will look out for you, call Leanne today!

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If you’re thinking of shopping for a new home, one of the first considerations
is price range. You want to know what you can reasonably afford.  How do you figure that out?


First of all, you need to determine the initial out-of-pocket costs you will need to cover. There are often more costs associated with purchasing a home than its actual price. You need to take into account such additional expenses as moving costs, legal fees, and a home inspection, not to mention the costs of prepping your current property for sale.


Experts say you should budget 5-10% above the purchase price for these items. So if you can afford to spend $470K on a new home, you should be shopping in the $425-445K range.


Another factor to consider are the potential proceeds from the sale of your current home. Your REALTOR® can help you determine how much your property will likely sell for in today’s market. Any existing mortgage will need to be subtracted from that amount to determine how much cash will be left.


Of course, you should speak to a mortgage specialist, or lender who can compute how much of a mortgage you qualify for. Remember, qualifying for a big mortgage doesn’t necessarily mean you should have one. You also need to consider your personal finances and desired lifestyle – and whether or not having a large mortgage is a good idea for you.


Once you have gathered all of your information, you can add any potential sale proceeds to the amount of mortgage you qualify for, add other sources of cash available for this purpose and subtract 5-10% for initial expenses, and you’ll have an idea of the price range you should be considering.


Finally, it’s important to take the time to decide what kind of home you want.  Do you want a large backyard with trees? A quiet, family-oriented neighbourhood? Four bedrooms and a finished basement? Once you decide what you want most in a new home, it becomes much easier to find one that’s in your price range.


If you have any questions, please don't hesitate to call!

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I have listed a new property at 410 3388 MORREY CRT CRT in Burnaby.
Beautiful TOP FLOOR 1 bedroom & den freshly painted home! Kitchen has stainless steel appliances, granite counter tops and open to the dining and living rm areas! Large master bedroom with 4pce cheater ensuite & walk in closet. Den adjoinsmaster and would make a great office space or TV room! Steps to Lougheed Mall, Skytrain, Cameron recreation centre, dining & library! In suite laundry, 1 parking & storage! INVESTOR ALERT & quick possession available! Don't miss this great opportunity! First showing at open house Saturday, March 28, 2-4!
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Please visit our Open House at 410 3388 MORREY CRT CRT in Burnaby.
Open House on Saturday, March 28, 2015 2:00 pm - 4:00 pm
Beautiful TOP FLOOR 1 bedroom & den freshly painted home! Kitchen has stainless steel appliances, granite counter tops and open to the dining and living rm areas! Large master bedroom with 4pce cheater ensuite & walk in closet. Den adjoinsmaster and would make a great office space or TV room! Steps to Lougheed Mall, Skytrain, Cameron recreation centre, dining & library! In suite laundry, 1 parking & storage! INVESTOR ALERT & quick possession available! Don't miss this great opportunity! First showing at open house Saturday, March 28, 2-4!
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I have listed a new property at 15736 106TH AVE in Surrey.
Large basement entry home in beautiful Fraser Heights! This spacious home is conveniently located and walking distance to schools (Dogwood Elem & Fraser Heights High), shopping and parks! Open kitchen with bright & spacious living .& dining area, 3 large bedrooms up! The basement is complete with a kitchen, eating area & family room with gas fireplace plus 3 bedrooms and a separate entrance! Large backyard for the kids to play and a double car garage! Showings by appointment.
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I have sold a property at 1104 BARBERRY PL in Port Moody.
Fantastic location! Beautiful Mountain Meadows cul de sac home! Well maintained 3 bedroom, 3 bathroom home with views of Mt. Baker! Serene fully fenced backyard, huge deck plus an enclosed hot tub room! Master has walk in closet & 4pceensuite. Spacious living & dining rm & large family room with 10ft ceilings! Walking distance to Mountain Meadows Elementary & close to new Evergreen Line, shopping & hospital! New roof just put on! Open house 12-3 Saturday February 28th.
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I have sold a property at 1550 WINSLOW AVE in Coquitlam.
Location, location, location! Walk to Poirier sports ctr, pre-school, tennis courts, all levels of schools, library, senior ctr & new Poirier Sports Forum! This lovely 3 level split home would be fantastic for a young family or retiree!Beautiful original hardwood floors in the bright living & dining area. 3 bedrooms up and a cozy recreation room with free standing wood burning fireplace down! Large laundry room with storage down plus separate entry! No shortage of parking here! Great central Coquitlam home! Open house Sunday, MARCH 1 - 1 - 4!
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Please visit our Open House at 906 2225 HOLDOM AVE in Burnaby.
Open House on Sunday, March 15, 2015 2:00 pm - 4:00 pm
WOW! You will be amazed by the GORGEOUS NW views from this beautiful & spacious 2 bed, 2 full bath CORNER condo! Entertainment sized balcony & floor to ceiling windows to take in the views of the north shore mountains! New real hardwoodfloors, designer paint, granite counters & some newer appliances! Master bedroom has ensuite & walk in closet & is separate from 2nd bedroom for privacy. Bldg offers exercise rm, hot tub & steam rm & roof top patio. All this and walking distance to sky train & minutes to Brentwood Mall - (Huge Brentwood redevelopment project coming!) First showing @ open house Sunday, Mar 8, 2-4!
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Please visit our Open House at 103 22241 SELKIRK AVE in Maple Ridge.
Open House on Saturday, March 7, 2015 1:00 pm - 3:00 pm
Extremely spacious &very well maintained 2 bedroom w/2 full bath condo! Spacious kitchen w/plenty of cupboard & counter space & large storage/pantry! Kitchen open to the bright dining area w/laminate flooring! Huge liv rm offering plenty ofnatural light & a beautiful gas fireplace & access to the enclosed deck! Large master bedroom w/plenty of closet space &ensuite! Master also has access to the enclosed deck. 2nd full 4 pce bathroom & also your own in suite laundry! This adult bldg (35 plus) is very conveniently located to walk to shopping, transit, library & recreation! Secured underground parking & storage locker (Elevated 1st floor suite - above ground level!) OPEN HOUSE SAT, FEB 28, 1-3!
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Please visit our Open House at 906 2225 HOLDOM AVE in Burnaby.
Open House on Sunday, March 8, 2015 2:00 pm - 4:00 pm
WOW! You will be amazed by the GORGEOUS NW views from this beautiful & spacious 2 bed, 2 full bath CORNER condo! Entertainment sized balcony & floor to ceiling windows to take in the views of the north shore mountains! New real hardwoodfloors, designer paint, granite counters & some newer appliances! Master bedroom has ensuite & walk in closet & is separate from 2nd bedroom for privacy. Bldg offers exercise rm, hot tub & steam rm & roof top patio. All this and walking distance to sky train & minutes to Brentwood Mall - (Huge Brentwood redevelopment project coming!) First showing @ open house Sunday, Mar 8, 2-4!
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OTTAWA – The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent.


Total CPI inflation in Canada has fallen as expected, reflecting the significant drop in oil prices. Core inflation remains close to 2 per cent and continues to be temporarily boosted by the pass-through effects of the lower Canadian dollar, as well as sector-specific factors.
The global economy is evolving broadly in line with projections in the Bank’s January Monetary Policy Report (MPR). The United States remains the main source of momentum in the global economy, while headwinds to growth linger in many regions. In this context, a growing number of central banks have taken actions to ease monetary conditions. Crude oil prices are close to the Bank’s MPR assumptions.


Canadian economic growth in the fourth quarter of 2014 was consistent with the Bank’s expectations. The oil price shock had a modest early impact on aggregate demand, and a larger effect on income. The Bank continues to expect that most of the negative impact from lower oil prices will appear in the first half of 2015, although it may be even more front-loaded than projected in January. Nevertheless, data for 2014 as a whole suggest the anticipated rotation into stronger growth in non-energy exports and investment is well underway.


Financial conditions in Canada have eased materially since January, in response to the Bank’s recent monetary policy action and to global financial developments. This easing is reflected across the yield curve and in a wide range of asset prices, including the Canadian dollar. These conditions will mitigate the negative effects of the oil price shock, further boosting growth through stronger non-energy exports and investment.
In light of these developments, the risks around the inflation profile are now more balanced and financial stability risks are evolving as expected in January. At present, we judge that the current degree of monetary policy stimulus is still appropriate and the target for the overnight rate remains at 3/4 per cent.


Information note:
The next scheduled date for announcing the overnight rate target is 15 April 2015. The next full update of the Bank’s outlook for the economy and inflation, including risks to the projection, will be published in the MPR at the same time.


Courtesy- Bank of Canada

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Home buyer and seller activity outpaces historical averages in February!

Conditions within the Metro Vancouver* housing market continued to strengthen in February as home sale and listing totals came in well above the region’s ten-year average for the month. 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,061 on the Multiple Listing Service® (MLS®) in February 2015. This represents a 21 per cent increase compared to the 2,530 sales recorded in February 2014, and a 60 per cent increase compared to the 1,913 sales in January 2015.

Last month’s sales were 20.2 per cent above the 10-year sales average for the month.

“It’s an active and competitive marketplace today. Buyers are motivated and homes that are priced competitively are selling at a brisk pace right now,” Ray Harris, REBGV president, said.

New listings for detached, attached and apartment properties in Metro Vancouver totalled 5,425 in February. This represents a 15.4 per cent increase compared to the 4,700 new listings reported in February 2014.

Last month’s new listing count was 11.8 per cent higher than the region’s 10-year new listing average for the month.

The total number of properties currently listed for sale on the REBGV MLS® is 11,898, an 11.3 per cent decline compared to February 2014 and a 10.1 per cent increase compared to January 2015.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $649,700. This represents a 6.4 per cent increase compared to February 2014.

The sales-to-active-listings ratio in February was 25.7 per cent. This is the highest that this ratio has been in Metro Vancouver since March 2011.

“We’re seeing more multiple offer situations and generally more traffic at open houses today,” Harris said. “In a market such as this, it’s important to do your homework and work with your local REALTOR® before embarking on your home buying and selling journey.”

Sales of detached properties in February 2015 reached 1,296, an increase of 25.6 per cent from the 1,032 detached sales recorded in February 2014, and an 84.1 per cent increase from the 704 units sold in February 2013. The benchmark price for a detached property in Metro Vancouver increased 9.7 per cent from February 2014 to $1,026,300.

Sales of apartment properties reached 1,244 in February 2015, an increase of 20.5 per cent compared to the 1,032 sales in February 2014, and an increase of 63.7 per cent compared to the 760 sales in February 2013. The benchmark price of an apartment property increased 3 per cent from February 2014 to $386,500.

Attached property sales in February 2015 totalled 521, an increase of 11.8 per cent compared to the 466 sales in February 2014, and a 56.5 per cent increase from the 333 attached properties sold in February 2013. The benchmark price of an attached unit increased 4.6 per cent between February 2014 and 2015 to $481,500.

*Editor’s Note:  Areas covered by Real Estate Board of Greater Vancouver include: Whistler, Sunshine Coast, Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody, Port Coquitlam, Coquitlam, New Westminster, Pitt Meadows, Maple Ridge, and South Delta.


Real Estate Board of Greater Vancouver.

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I have listed a new property at 906 2225 HOLDOM AVE in Burnaby.
Gorgeous NW views from this beautiful & spacious 2 bed, 2 full bath corner condo! Entertainment sized balcony and floor to ceiling windows to take in the views of the north shore mountains. New real hardwood floors, designer paint, granitecounters & some newer appliances! Master bedroom has ensuite & walk in closet & is separate from 2nd bedroom for privacy. Bldg offers exercise rm, hot tub & steam rm & roof top patio. All this and walking distance to sky train & minutes to Brentwood Mall! First showing @ open house Sunday, Mar 8, 2-4!
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