Oilers Owner’s Penthouse for Sale

Hockey fans, take note! Daryl Katz, owner of the Edmonton Oilers, has just put his luxurious Vancouver penthouse up for sale. You can live your life just like a top hockey executive – if you can afford the $38 million price tag, that is. It’s certainly worth the price tag, however – sitting atop the Fairmont Pacific Rim Hotel, every inch of the home is immaculately beautiful and modern, and the views are simply irreplaceable. Simply put, it is one of the finest residences Vancouver has to offer.

The spacious two level residence encompases nearly 6700 square feet, with four bedrooms and four and a half bathrooms. There is also over 2900 feet of additional living space outdoors. You are sure to spend many a night in the private courtyard and terraces, gazing mesmerized at the sparkling city lights far below you. Or, when the weather is too cold to be outside, the expansive and plentiful windows offer an excellent alternative. Indeed, nearly every room in the penthouse has floor to ceiling windows – you don’t even need to leave your bed to gaze upon the beautiful Vancouver skyline! Continue reading


Watch day dreams come to life as free skier legend Tom Wallisch tears the snowy city streets of Nelson and Rossland, BC. The challenge of bringing this eye-popping creative vision to life required monumental synergies over it’s three weeks of production in March. We’ve all been that kid sitting in the back seat of our family car, wishing we were somewhere else. Through the boredom, the driveway snow piles, sidewalk handrails and stairs one young skier’s imagination is set free.

A Look Inside the World’s Tallest Hybrid Timber Structure

A unique building is coming to Vancouver, and its designers are revealing the first detailed look into what the inside will look like. Even before this unveiling, Terrace House has generated some buzz. It is set to be the tallest hybrid timber structure in the world, and it is designed by acclaimed Japanese architect Shigeru Ban. The luxurious 19-storey building will consist of concrete and steel construction on the bottom floors, and timber on the top seven. The tiered building is sure to be another fascinating addition to Vancouver’s Coal Harbour neighborhood.

The show-stealing top seven floors of the building will sit in a triangular shape on top of the concrete portion. Composed of Douglas Fir timber from the Kootenay region in BC, the vertical, tiered orientation allows for only three exclusive units to occupy these floors. Each unit will feature ceiling heights of up to 27 feet and breathtaking, panoramic views of the city. Indeed, these floors will feature moveable floor-to-ceiling walls, so no views are compromised.

A theme that permeates throughout the entire building – not just the top floors – is its decidedly warm interior design, a touch which designer Shigeru Ban is known for. The extensive use of wood, as well as the crisp lines, beautiful, pure finishings, and of course the natural light are all hallmarks of Ban’s designs and will result in a pleasant atmosphere and a feeling of open space. Each residence in the building will come with a full suite of smart home technologies, museum-quality glazing that regulates temperature and provides UV protection, and fully integrated air conditioning and heating systems that extend onto enclosed balconies. The moveable floor-to-ceiling glass walls allow the indoor space and outdoor patios to be merged as one large, extended space.

True to Shigeru Ban’s style, no detail at Terrace House will be overlooked. From the smallest elements, such as carefully designed door handles, cabinet mills, and millwork, to the grandest, such as dedicated concierge services and a plethora of amenities, Terrace House will provide an irreplaceable ownership experience. Each home will be unique to any other in Vancouver, and prices start at $3 million.

Construction will begin soon for completion sometime in 2020.


Easy and Elegant Christmas Decorating Ideas

Christmas is just one week away! If you haven’t decorated yet, now is the time. Dressing up your home for the holidays is the best way to get into a festive mood. Whether your goal is to get your home ready for Christmas, or to create a warm atmosphere for an open house, here are some simple tips to help create an elegant, festive atmosphere.

  1. Does your living room have a mantel? Mantels often serves as a focal point for decorating, but it’s very easy to over-decorate with a too many baubles and trinkets. Stick with just a few items, such as a simple wreath and a trio of candles, to keep it classy.
  2. Looking for a creative way to display all of your Christmas cards? Try stringing them along your staircase! Attach some twine running from the top of the stairs to the bottom, and attach
  3. Red and green are the standard Christmas colours, but if they’re not your cup of tea, try going for another classic – silver and gold! Whether it’s a wall piece, a miniature tree, or an ornament, these metallic tones complement almost any home’s decor and they always look sophisticated. For a modern twist, try implementing bronze pieces!
  4. Bring a little snow indoors! For a unique way to decorate your windows, cut a few strands of fishing line and attach a few white and silver miniature gift bows to each one. Tape them to your window frame, being sure to stagger the bows, and watch your window sparkle.
  5. Looking for a last-minute centerpiece? Dip a handful of clear vintage Christmas light bulbs in green, red, and gold paint, and arrange them in a candy bowl for a creative display.

Getting your home ready for Christmas doesn’t have to involve hours coordinating colour schemes and finding the perfect placement! These simple decorating ideas will have your home beautiful and ready in no time. Happy holidays!


Huntting House Hits the Market

For over a century, Huntting House has graced prestigious Angus Street in Vancouver’s First Shaughnessy neighbourhood. First Shaugnessy is known for its rich history and cultural significance to Vancouver, and this mansion certainly has earned its place in this district. Listed for sale at the beginning of November for $17,885,000, this is your chance to own a piece of history.

The manor was built circa 1912 for William Foster Huntting, the president of Huntting-Merritt Lumber Company. A booming company at the time, WF Huntting was a wealthy man who commissioned the prestigious firm Maclure and Fox to design his home. Cecil Crocker Fox was the junior partner who designed the manor.

One look at the mansion and it’s easy to tell that CC Fox’s inspiration for its design came from England – specifically, the English countryside. With a massive, steep roof and a rough stucco exterior, it is the very picture of a typical English cottage. Therefore, it may come as little surprise that the home is nearly an exact replica of “Orchard,” a manor near London, England. Orchard was the personal residence of Britain’s premier arts-and-crafts architect, CFA Voysey. Perhaps Huntting House’s striking resemblance to Orchard can be explained by the fact that CC Fox studied under CFA Voysey before he was hired by Samuel Maclure in 1903.

One hundred years after it was built, the seven bedroom, 10,000 square foot mansion underwent significant renovations. The kitchen was completely updated, and a separate wok kitchen was added, as well as new marble and hardwood flooring. There are five ensuite bathrooms, as well as two half bathrooms. The lot it sits on a sizeable 22,539 square foot lot, and it has a circular driveway.

This beautiful manor is steeped in history in one of Vancouver’s most prized neighbourhoods. From its ancestry in England to its century-long tenure on Angus Street, this is a home rich in history.


Top Luxury Above the City

If your pockets are deep and you aren’t afraid of heights, this might just be your dream home. Located on the top three floors of what is anticipated to be the fourth tallest building in Vancouver, this nearly $12 million penthouse will be ultra luxurious and will offer unparalleled views of the city.

Designed by the award winning, world-renowned Bjarke Ingels Group (BIG), Vancouver House will be equal parts skyscraper and sculpture. Located at 1480 Howe Street, it was designed to resemble a curtain peeling back to reveal the unique cityscape behind it. The one-of-a-kind architecture sees the building fan from three sides at the base into four sides towards the top. Each residence in the tower will be tailored minutely to each buyer’s preferences, so no two homes will be exactly alike. Just imagine living in this stunning, custom work of art!

Continue reading

Protect Yourself: Strata Water Deductible Review Reminder

The majority of strata Annual General Meetings are coming up over the next few months presenting an ideal opportunity for strata lot owners to verify that their home owner insurance policy water deductible coverage matches that of the strata corporation’s master building policy and if not advise their insurance broker immediately.

The BC Strata Property Act requires that any AGM Notice includes a copy of the strata corporation’s insurance policy summary. This summary page will include a notation on what the building’s current water deductible amount is. Depending on any resultant water damage claims filed in the past policy year and the extent of damage, this deductible amount can increase to a staggering amount from the previous year. It is not uncommon for strata’s today to have a deductible in the $50,000 to $100,000 range from the days of when they were $5,000 to $25,000. 

Deductible assessment coverage is an additional coverage that has become increasingly important in light of the increasing cost and frequency of resultant water damage claims. For example, if the building is damaged due to a water leak, the strata corporation would generally file a water damage claim with its own insurance company.
Section 158 of the Strata Property Act states that the insurance deductible in respect of a claim is a common expense, but the strata corporation may sue an owner in order to recover the deductible portion of an insurance claim if the owner is responsible for the loss or damage that gave rise to the claim. Two landmark BC court decisions in 2007 determined that the strata corporation need not prove negligence in order to determine owners’ responsibility. A strata corporation may sue a strata lot owner to recover the insurance deductible even though the owner was not negligent and merely caused or brought about the events that resulted in the damage.

To remove ambiguity and potentially save on future legal expenses, some strata corporations have passed bylaws that clarify that owners are strictly liable for damage to common property that originates in their units.

It is therefore important that all strata owners review the building policy and advise their insurance broker of the building deductible amounts to ensure their unit policy includes sufficient coverage for all building deductibles including water damage. This information is included in the insurance summary report within the NOTICE of Annual General Meeting that strata corporations are required to provide strata lot owners prior to the Annual General Meeting. Some strata buildings due to frequent or a single extensive resultant water damage claim are now facing water damage deductibles of $50,000 to $100,000.

Additional coverage riders available to strata unit owners that are well worth considering are:

  • Increased unit improvements and betterments coverage insures upgrades to the unit a
  • Loss assessment coverage typically pays the owner’s share to cover major property and liability losses on common property that may exceed the strata corporation’s policy limits.
  • Request your insurance broker to advise you of any other additional riders that you should consider.
SOURCE: Insurance Brokers Association of BC