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New Listing 326 - 159 W 2nd Avenue, Vancouver, BC


R2240699 - 326 - 159 W 2nd Avenue, Vancouver, BC, CANADAView my new listing for sale at 326 - 159 W 2nd Avenue, Vancouver and currently listed at $1,188,888.

Amazing opportunity to own in a newly constructed one of a kind property that features two seperate suites with private entrances. Each suite features their own modern kitchen with exotic real wood veneer with soft close drawers, Vicostone Quartz Carrara countertops, built-in European appliances and marble tile backsplash. Both suites overlook a beautifully landscaped roof deck. Located in one of the most desirable neighborhoods, Olympic Village, Tower Green is built with Silver LEED equivalent design and construction. A daycare facility, Wild Tale, Flying Pig and Nook restaurants are just an elevator ride away. 1 parking and storage is included. Pets and rentals welcome. Open House: Saturday, Feb 24th and Sunday, Feb 25th 2-4.

January 2018 Vancouver Real Estate Stats


Home buyer demand depends on property type 

Attached and apartment homes are in demand across Metro Vancouver while detached home buyers are facing less competition today.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,818 in January 2018, a 19.4 per cent increase from the 1,523 sales recorded in January 2017, and a 9.8 per cent decrease compared to December 2017 when 2,016 homes sold.

Last month’s sales were 7.1 per cent above the 10-year January sales average. By property type, detached sales were down 24.8 per cent from the 10-year January average, attached sales increased 14.3 per cent and apartment sales were up 31.6 per cent over the same period.

“Demand remains elevated and listings scarce in the attached and apartment markets across Metro Vancouver,” Jill Oudil, REBGV president said. “Buyers in the detached market are facing less competition and have much more selection to choose. For detached home sellers to be successful, it’s important to set prices that reflect today’s market trends.”

There were 3,796 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in January 2018. This represents an 8.3 per cent decrease compared to the 4,140 homes listed in January 2017 and a 100.7 per cent increase compared to December 2017 when 1,891 homes were listed.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 6,947, a four per cent decrease compared to January 2017 (7,238) and a 0.2 per cent decrease compared to December 2017 (6,958).

For all property types, the sales-to-active listings ratio for January 2018 is 26.2 per cent. By property type, the ratio is 11.6 per cent for detached homes, 32.8 per cent for townhomes, and 57.2 per cent for condominiums.

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

The MLS® Home Price Index composite benchmark price for all residential homes in Metro Vancouver is currently $1,056,500. This represents a 16.6 per cent increase over January 2017 and a 0.6 per cent increase compared to December 2017.

Detached home sales in January 2018 reached 487, a 9.7 per cent increase from the 444 detached sales recorded in January 2017. The benchmark price for detached properties is $1,601,500. This represents an 8.3 per cent increase from January 2017 and a 0.3 per cent decrease compared to December 2017.

Apartment home sales reached 1,012 in January 2018, a 22.7 per cent increase compared to the 825 sales in January 2017. The benchmark price of an apartment property is $665,400. This represents a 27.4 per cent increase from January 2017 and a 1.5 per cent increase compared to December 2017.

Attached home sales in January 2018 totalled 319, a 25.6 per cent increase compared to the 254 sales in January 2017. The benchmark price of an attached unit is $803,700. This represents a 17.5 per cent increase from January 2017 and unchanged compared to December 2017.

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Marquise



Marquise is a brilliant collection of 58 flawlessly designed residences coming to the heart of Vancouver's Cambie Corridor. Located on one of the highest points in the City, Marquise offers unobstructed views of downtown and North Shore Mountains. Perfectly situated in the main thoroughfare of Cambie Village, Marquise allows residents to enjoy every amenity imaginable - from boutique shopping, top-rated restaurants, parks, family activities and recreation for all ages.

THE BIG PICTURE

  • Located in the CENTRE of the Cambie Corridor
    • 1 minute walk to King Edward Skytrain Station
    • 3 minute walk to Cambie Village
    • 5 minute walk to Queen Elizabeth Park
    • 10 minute walk to Hillcrest Community Centre
  • Flawless CONTEMPORARY Architecture
  • Unobstructed and endless VIEWS on the high point of Cambie
  • Ultimate COMFORT of air conditioning
  • Convenient PARKING & STORAGE INCLUDED with every home

 

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Concord Brentwood - Hillside East


A new wave of CONVERTIBLE LIVING is coming soon to Concord Brentwood, Concord Pacific's largest transformation since Yaletown. With overwhelming response from the inaugural sold out phase in 2016, the latest new phase, Hillside East, will become the hottest project in town once again.

Features:

1. Double floor-to-ceiling corner sliding doors for a seamless transition between the indoors & outdoors (in select suites)
2. Porcelain tiled balcony floors
3. Sleek balcony soffit panel system
4. Inset radiant ceiling heaters for all-season enjoyment
5. Luminous LED ambient lighting

 

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Fraser Commons at Marine


Fraser Commons is the place to start in South Vancouver. This mixed-use community brings new life and action to Fraser and Southeast Marine Drive, with smart city homes, a generous park, a daycare and curated shops. This is where South Vancouver begins. And it's clearly moving up from here.

  • Four thoughtfully designed buildings ranging from 6 to 22 storeys
  • 363 homes featuring One, Two & Three bedrooms ranging from 434 sq. ft. - 1,059 sq. ft.
  • Homes starting from $439,900
  • Curated shops, daycare and generous park space accompanied by fitness, entertainment, leisure amenities and much more

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Pier West by Bosa


Two iconic towers located within a 6 acre park in New Westminster, connecting 2.5km of celebrated boardwalk with over 15,000sf of new waterfront dining, shops and services.

“The proposed project will be a major and positive contribution to the downtown waterfront and the City of New Westminster. The development combines two residential towers, retail space, daycare, public park, underground parking and riverfront esplanade to create a dynamic mixed use project. The site is an important gateway to the waterfront and a key component in the City’s Waterfront vision for a continuous waterfront experience, improved neighbourhood connections and year-round public spaces.”

The current proposal is now for a two-tower scheme that includes:

  • two residential towers: 53-storeys (phase 1) & 43-storeys (phase 2)
  • building heights of 584 ft & 472 ft.
  • 665 units
  • 156 one-bedrooms, 441 two-bedrooms & 68 three-bedrooms
  • a total density of 4.52 FSR
  • a 3-storey commercial building with retail at grade and childcare above
  • 40 space childcare facility
  • 2 acre of new public park including extension of Westminster Pier Park
  • 929 parking stalls on 3 levels of underground parking

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Recently Sold Listing 1708 271 FRANCIS WAY, New Westminster, BC


R2231199 - 1708 271 FRANCIS WAY, New Westminster, BC, CANADAI have just recently sold this listing at 1708 271 FRANCIS WAY, New Westminster.

New Listing 326 - 159 W 2nd Avenue, Vancouver, BC


R2232703 - 326 - 159 W 2nd Avenue, Vancouver, BC, CANADAView my new listing for sale at 326 - 159 W 2nd Avenue, Vancouver and currently listed at $1,198,000.

Amazing opportunity to own in a newly constructed one of a kind property that features TWO SUITES; 1 bd+ den & a studio; both with private entrances, bathrooms and kitchens. A lock-off suite allows you to grow with the condo. If you don’t need the extra space, you can rent out the one of the suites. And if you are buying for investment, that means 2 rental incomes with one buy! Located in one of the most desirable neighbourhoods, Olympic Village; Tower Green is built with Silver LEED equivalent design and construction. Amenities include a state-of-the-art fitness facility & a Lounge featuring the latest technology, broadband Wi-Fi And a common rooftop patio. 1 parking and storage is included. Pets allowed and no rental restrictions. Open House: Saturday, Feb 10th and Sunday, Feb 11th 2-4.

Recently Sold Listing 1205 1166 MELVILLE STREET, Vancouver, BC


R2220266 - 1205 1166 MELVILLE STREET, Vancouver, BC, CANADAI have just recently sold this listing at 1205 1166 MELVILLE STREET, Vancouver.

Recently Sold Listing 320 - 221 E 3rd Street, North Vancouver, BC


R2228210 - 320 - 221 E 3rd Street, North Vancouver, BC, CANADAI have just recently sold this listing at 320 - 221 E 3rd Street, North Vancouver.