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Mackenzie Green MLS® Listings
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Building Info
Mackenzie Green - 2912 W 33rd Avenue, Vancouver, BC V6N 2G5, 3 Levels, 10 homes, Estimated completion in Spring 2012. Located at the South West Corner of West 33rd Ave & Mackenzie Street in the Mackenzie Heights neighborhood of Vancouver Westside, Mackenzie Green is an exclusive collection of boutique green homes that is being developed, designed and marketed by a team of award-winning professionals: Pantheon Developments, Ramsay Worden Architects, Kodu Design, and Ryan Lalonde TRG. This luxury project comprises 4 boutique row homes, 4 townhomes, and 2 duplex residences at 4931-4937 Mackenzie and 2906-2918 W 33RD Avenue.
This limited collection of two and three bedroom homes ranging to over 1900 sq. ft. reflects timeless Edwardian architecture with great curb appeal, wood and brick details, and Hardie board exterior finishing. Beautifully landscaped inner courtyard and lawns provide a reprieve from the pace of the city. Contemporary interiors feature 9' ceilings, lush 100% wool carpeting, engineered walnut hardwood floors, kitchen islands, quartz stone countertops, marble linear tile backsplash, sleek stainless steel appliances, and marble bathrooms. Plus oversized green terraces and private patios invite outdoor entertaining.
The location of Mackenzie Green and the neighbouring community of Mackenzie Heights is top notch. Walk to just about anything you desire - countless restaurants, Shoppers Drug Mart, IGA, Home Beauty Spa, Heighs Market, Starbucks, Cheshire Cheese Inn, and top ranked educational schools such as St. Georges School, Crofton House School, Lord Kitchener Elementary, Kerrisdale Annex, Kerrisdale Elementary, Point Grey Secondary and Shaughnessy Elementary. Also, the Mackenzie Green homes will feature a close proximity to the Kerrisdale Community Centre and Arena, UBC Golf Course, Dunbar Community Centre, Pacific Spirit Park at UBC, and the Shaughnessy Golf and Country Club.
Vancouver council open to increasing slots, table games at existing casinos
Vancouver city council voted this week to allow for applications to increase the number of slot machines and tables at the city’s two casinos, on the condition they be accompanied by an assessment of their social and economic impacts.
The request to amend the city’s 2011 gambling moratorium was made by the B.C. Lottery Corp., which told council the city’s population has increased 22 per cent in the past decade and that the amendment is a first step to allow BCLC to look at ways of expanding its two existing facilities — the Parq casino in Yaletown and Hastings Racecourse in East Vancouver — rather than building more casinos.
The city has contributed more than $172 million to non-market housing in the form of land
The City of Burnaby has a total of 1,040 non-market housing units, including rentals and co-ops, just built or in development on its land, according to a new city report, and there’s more on the way.
The city lands program for non-market housing, which was adopted in 2015, leases city-owned lands at a nominal rate to non-profit housing providers through a public request for proposals (RFP) process.
The city has contributed about $172.44 million as part of the program, including land, grants and on-and-off-site works, according to the report which accounts for 11 projects that recently completed or were in progress as of March 2024.
The assessed value of the land makes up more than $120 million of that $172-million total contribution for the 11 projects.
Household Financial Health and Housing Market Trends
According to the March 2024 Edge Report, current trends in debt service ratios and net worth may indicate areas of concern. The prevalence of static payment variable rate mortgages, household debt-to-GDP ratios, and Canada’s heavy reliance on real estate assets, may raise concerns about resilience.
In Q4 of 2023, debt servicing costs stayed stable, with the household debt service ratio holding steady at 15%. This ratio, which reflects the portion of disposable income allocated to debt repayment, remains significantly high, at levels not seen since 1990. A minor adjustment downwards from the previously reported peak of 15.2% in Q3 should be noted, however.
The federal government’s new Housing Plan, announced on April 12, 2024 and supported by Budget 2024, introduced a provision aimed at helping renters build credit by integrating rent payments into credit histories. It proposes amendments to the Mortgage Charter, encouraging collaboration among fintech companies, credit bureaus, and lenders to include rental payment data in credit scores.
The government calls on these agencies to create an ecosystem where renters can choose to include their rental payment history in their credit scores. It also expects lenders to prioritize comprehensive credit information, including rental payment history, in credit evaluations whenever feasible.
Federal Budget 2024: What are the proposed capital gains tax changes and how might they affect me?
The capital gains tax inclusion rate – today and tomorrow
Today, only 50% of the capital gain is taxable (this is known as the capital gains tax inclusion rate). This means that $50,000 of the $100,000 earned from the sale of the cottage in our example is added as income for that tax year.
Here’s an example:
Your regular income, earned from your full-time job, is $75,000
You make a $100,000 profit from the sale of your cottage (after you pay real estate fees, closing costs, etc.)
50% of the profit is taxable, which means you add $50,000 to your income during the tax year in which you realized this capital gain
$75,000 + $50,000 = a total income for that tax year of $125,000
The amount of tax you ultimately pay in that year will depend on your tax bracket and its marginal tax rate.
* Timeless architecture by Ramsay Worden Architects * Extensive brick detailing * Painted shingle and Hardi board exterior finishing * Over-sized green terraces and private patios * Landscaped inner courtyard surrounded with a greenery * Expansive windows & double opening french doors * Private entry gates and walkway detailing * Elegant solid core entry doors * Wood fascia and trim details
Refined Interiors
* Expansive modern open living spaces. * Over height 9 foot ceilings throughout main floor * Stylish interior flat panel doors with chrome hardware * Wide plank engineered walnut hardwood floors through main level * Lush 100% wool carpeted bedrooms * Vaulted ceilings featured in some homes * Contemporary recessed pot lighting * Custom living room millwork built-ins * Oversized kitchen islands and work spaces * Optional secured private parking gates
Inspired Kitchens
* Gourmet kitchen appliances o 30” WOLF stainless steel professional gas range o Broan professional stainless steel canopy range hood fan o Blomberg fully integrated dishwasher o Side by Side 48” integrated Blomberg double refrigerator o 36 inch Panasonic inverter microwave * European design flat panel horizontal grain cabinets * Designer polished Chroma quartz stone countertops with undermount kitchen sink. * Inspired kitchen islands with Chroma quartz countertop and waterfall detailing * Honed Carrera marble linear tile backsplash * Soft close doors and cabinet
Tranquil Bathrooms
* European horizontal grain floating vanity cabinets. * Designer polished Chroma quartz stone countertops * European Inspired contemporary undermount sink with wall mounted Parma chrome faucets * Oversized 24” by 24” Nordic Grey marble tile in some en-suites. * Soothing contoured Simplicity soaker tub * Water conserving low flow dual flush toilets by Toto * Frameless glass shower enclosures
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Restrictions
Restrictions updated:
January 2011
Construction Information
Year Built
2012
Levels
3
Strata Information
Strata Plan #
Title to Land
Freehold
Units in Development: 10
Units in Strata: 10
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