[Surrey] The Urban Village | 102m| 35fls | Completed - Page 8

jdguru · #**141** Posted **Jun 20, 2009, 4:16 PM**

We are getting possession today. Not moving in yet. Would like to rent it out (2 bdrm & den).
Can someone please advice on how to go about it? Tenancy forms, who pays hydro/strata etc. Thanks in advance.

jdguru

theQ · #**142** Posted **Jun 20, 2009, 5:02 PM**

We've been a landlord several times. You don't actually need tenancy forms, but they are good for your own protection. Here is a link to standard forms by the Residential Tenancy Branch (BC Government)
http://www.rto.gov.bc.ca/content/formsFees/default.aspx

The form is free. Strata fees are always paid by the owner, but usually Hydro/cable/phone is paid by the tenant. It should be specified in the tenancy contract. (check the boxes of on the form of what is included).

The only exception to hydro/cable/phone not being included, is that sometimes, if you're renting out to students, it is common that everything be included, so you can increase the rent amount, and include all the services.

Damage deposit is also specified on the form, and it cannot exceed half a months rent in BC.

Why don't you move in, it's a great building? We're moving into the Fuse on Monday.

Spork · #**143** Posted **Jun 20, 2009, 5:34 PM**

I noticed yesterday that they have been disassembling the sales centre in Central City beside SFU there.

theQ · #**144** Posted **Jun 21, 2009, 2:00 AM**

That's not good, where are they going to sell the "Ultra" from? Does anyone know if they're keeping a unit in the Agenda or Element so they can have a presentation centre there?

cornholio · #**145** Posted **Jun 21, 2009, 5:34 AM**

Quote:

Originally Posted by jdguru

We are getting possession today. Not moving in yet. Would like to rent it out (2 bdrm & den).
Can someone please advice on how to go about it? Tenancy forms, who pays hydro/strata etc. Thanks in advance.

jdguru

rent it out to a family member and through them rent it out to a tenant. this makes it a sublease and it means that tenancy laws dont apply(their all grossly geared towards tenants not owners). any contract between you(i mean your friend/family member) and the tenant becomes a civil contract and you can create something reasonable that will work for you.

i repeat stay AWAY from BC tenancy laws, dont use their forms, dont use them, stay away from them...its extremely easy to avoid them and by pass them. the only thing bc tenancy laws are good for is allowing scam artist tenants to profit...ahole owners without the tenancy board are still liable in a civil court if they dont uphold their end of the contract, so are tenants...tenacy laws are bad, stay away...

make it a sublease and write up a proper, detailed and fair contract.

Whalleyboy · #**146** Posted **Jun 21, 2009, 7:42 AM**

Quote:

Originally Posted by theQ

That's not good, where are they going to sell the "Ultra" from? Does anyone know if they're keeping a unit in the Agenda or Element so they can have a presentation centre there?

if you look at there site looks like there sales office is in the building now

Saturday to Thursday- Noon to 5pm (closed Fridays)
Sales Office: Unit #126
Show Suite: Unit #127
13321 102A Avenue, Surrey, BC
google map link off there site

hollywoodnorth · #**147** Posted **Jun 21, 2009, 9:29 AM**

Quote:

Originally Posted by Whalleyboy

if you look at there site looks like there sales office is in the building now

Saturday to Thursday- Noon to 5pm (closed Fridays)
Sales Office: Unit #126
Show Suite: Unit #127
13321 102A Avenue, Surrey, BC
google map link off there site

ya thats pretty common in multi phase projects.

City in the Park by Edmonds Station for example only had a stand alone sales center for phase 1. Phase 2-6 they used a suite in one of the towers and moved on from phase to phase.

Whalleyboy · #**148** Posted **Jun 21, 2009, 4:30 PM**

well it makes sense they dont have to pay for leasing over in there own building

theQ · #**149** Posted **Jun 21, 2009, 4:33 PM**

Here is a quote from their website, it looks like they're selling off their show suites - unless they're planning to have a display suite for the Ultra in the Element.

Quote:

MONDAY, MAY 25, 2009

NOW SELLING OUR FABULOUS SHOWHOMES FROM JUST $169,900!

FABULOUS SHOW HOMES FOR SALE FROM $169,900!!

Urban Village is now selling off their final fully-finished show homes priced below appraised values starting at just $169,900!

The developer is now releasing the show suites as the building is nearing completion with occupancies starting June 1st.

Come and view our luxury studios, one bedroom, one bedroom & den and two bedroom suites as well as our signature two-storey, two-bedroom apartments.

You will be amazed at the quality and level of finishing for the price.

The real value is in the location - Situated in the new heart of Surrey City Centre, just steps from SFU & Skytrain. The City of Surrey has committed to move forward with plans to develop the City Centre with a new City Hall, future civic amenities such as a Performing Arts Centre, new recreational facilities, a new library and more. With additional expansion plans for the Simon Fraser University Campus, purchasing university real estate at Urban Village now will reap future benefits. And that is not all – The Real Estate Investment Network ranked Surrey as the #1 place to invest in BC on March 11, 2009.

Come and visit us in our new sales office and show suite:

Suite #126 – sales office
Suite #127 – two-storey show suite
13321 – 102 A Avenue, Surrey, BC V3T 1P6

(Enter off of 133rd Street)

Phone: 604-588-6999
Fax: 604-588-6979

Volksboi · #**150** Posted **Jun 22, 2009, 12:11 AM**

They will be selling Ultra and future phases on the Urban Village site.

hollywoodnorth · #**151** Posted **Jun 22, 2009, 12:40 AM**

Quote:

Originally Posted by Whalleyboy

well it makes sense they dont have to pay for leasing over in there own building

and if you actually have good build quality it helps sell the future phases.....if not....well ummm ya

Spork · #**152** Posted **Jun 22, 2009, 1:34 AM**

Quote:

Originally Posted by Whalleyboy

well it makes sense they dont have to pay for leasing over in there own building

There is a forgone cost of leasing it, as they could lease it out to somebody else. This is, of course, assuming market demand for whatever space that they are using.

metroXpress · #**153** Posted **Jun 22, 2009, 1:40 AM**

The presentation centre at Central City will still be there right?

Volksboi · #**154** Posted **Jun 22, 2009, 4:58 AM**

No that was closed about two or so weeks ago. Everything will be on the Urban Village site now.

Locked In · #**155** Posted **Jun 22, 2009, 5:44 AM**

Quote:

Originally Posted by cornholio

rent it out to a family member and through them rent it out to a tenant. this makes it a sublease and it means that tenancy laws dont apply(their all grossly geared towards tenants not owners). any contract between you(i mean your friend/family member) and the tenant becomes a civil contract and you can create something reasonable that will work for you.

i repeat stay AWAY from BC tenancy laws, dont use their forms, dont use them, stay away from them...its extremely easy to avoid them and by pass them. the only thing bc tenancy laws are good for is allowing scam artist tenants to profit...ahole owners without the tenancy board are still liable in a civil court if they dont uphold their end of the contract, so are tenants...tenacy laws are bad, stay away...

make it a sublease and write up a proper, detailed and fair contract.

Out of curiosity, where did you hear this? I'm fairly certain it's incorrect. The Residential Tenancy Act is pretty clear that landlords and tenants can't contract out of the Act. Under the arrangement you described above, the relative is every bit as much a landlord as the homeowner...

Diet Butcher · #**156** Posted **Jun 22, 2009, 3:24 PM**

Moved into Agenda, no issues at all, the place is looking great!

Apparently they are supposed to be paving the roads around it this week.

Anyone have an idea when Element is supposed to be completed?

LotusLand · #**157** Posted **Jun 22, 2009, 5:16 PM**

Quote:

Originally Posted by Diet Butcher

Moved into Agenda, no issues at all, the place is looking great!

Apparently they are supposed to be paving the roads around it this week.

Anyone have an idea when Element is supposed to be completed?

I got a letter that it will be completed by end of July. I'm looking to rent out my suite or possibly sell but most likely rent. Any ideas as to what a 1 bed + Den on the third floor looking out to Vancouver would fetch? I'm thinking $950 + utilities at least.

Volksboi · #**158** Posted **Jun 22, 2009, 5:41 PM**

Yeah Element is really coming along! I have a friend who rented his one bedroom and den in Agenda for 975.00...

LotusLand · #**159** Posted **Jun 22, 2009, 5:48 PM**

Quote:

Originally Posted by Volksboi

Yeah Element is really coming along! I have a friend who rented his one bedroom and den in Agenda for 975.00...

Was that with utilities?

jdguru · #**160** Posted **Jun 24, 2009, 4:13 AM**

Quote:

Originally Posted by cornholio

rent it out to a family member and through them rent it out to a tenant. this makes it a sublease and it means that tenancy laws dont apply(their all grossly geared towards tenants not owners). any contract between you(i mean your friend/family member) and the tenant becomes a civil contract and you can create something reasonable that will work for you.

i repeat stay AWAY from BC tenancy laws, dont use their forms, dont use them, stay away from them...its extremely easy to avoid them and by pass them. the only thing bc tenancy laws are good for is allowing scam artist tenants to profit...ahole owners without the tenancy board are still liable in a civil court if they dont uphold their end of the contract, so are tenants...tenacy laws are bad, stay away...

make it a sublease and write up a proper, detailed and fair contract.

Thanks for your suggestion. But it is too confusing for me. I will go with simpler BC Tenancy form.
Ours is a 2 bdrm + den and we are looking for 1200 + Utilities.

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