The new federal policy that means first-time homeowners won’t have to pay GST when buying their new homes makes The Elevator Home an ideal candidate.
Because it is a new, never-been-lived-in home, because its price is less than $1.5 million, the final home at The Ross Residences, and because the Federal Government’s policy is in effect, the price of the Elevator Home is better than ever.
At $1.388 million, the first-time homeowner will save $69,400, the five per cent GST that two months ago would have applied.
To qualify, newly constructed homes have to be sold for between $1 mlllion and $1.5 million. That makes The Elevator Home more attractive than ever, because like the other family homes at Ross Street and 53rd Avenue in Vancouver, it is known for its expert construction and thoughtful design.
This home has three bedrooms, all on the same level, which is accessible either by its own elevator or private staircase. It also has a great “great” room with the kitchen a part of it, balcony with gas barbecue hook-up, a single-car finished and heated garage, plus private garden space. It has 1,363 square feet of family space that’s ideal for down-sizers and homeowners anxious to take advantage of being able to take an elevator from the ground floor.
And like its real-estate counterparts, The Elevator Home is a Georgie Award winner, bestowed on the builder (Nofziger Construction) for “Best Multi-Family Townhouse Development (Infill) up to 10 units including mixed use.”
And now, even better is that it’s available without having to pay the GST.