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Connaught MLS® Listings
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Building Info
Connaught - 3230 Connaught Crescent, North Vancouver, BC V7R 0A5, Canada. Strata plan number EPP47266. Crossroads are Edgemont Boulevard and Ridgewood Drive. Connaught, 4 storeys, is a rare collection of 82 - 59 Residences and 23 Townhomes - concrete, air conditioned homes with elegant interiors and generous outdoor living areas. Connaught will offer a limited number of residences, from one-bedroom homes to three-bedroom townhomes, complemented by concierge service, an expansive rooftop courtyard and a range of shops and amenities at your doorstep. Connaught has been designed to make life richer in every possible way. Developed by Grosvenor. Architecture by Rositch Hemphill Architects. Interior design by Trepp Design Inc.. Maintenance fees includes caretaker, garbage pickup, gardening, gas, hot water, management, recreation facility, snow removal, and other.
Nearby parks include Capilano Park, Eldon Park and William Griffen Park. Schools nearby are Highlands Elementary, Cleveland Elementary, Larson Elementary, Carson Graham Secondary, Norgate Elementary Community School, Mountainside Secondary, Andre-Piolat School, and Vancouver Waldorf High School. The closest grocery stores or supermarkets are Peter Rabbit Market, Windsor Meat Co Edgemont Village, and Highland Produce. Walking distance to North Vancouver District Public Library - Capilano Branch Library and bus stop. Short drive to Murdo Frazer Tennis Courts, Eldon Spray Pool, Capilano Suspension Bridge, Delbrook Community Recreation Centre, Capilano Mall, and District of North Vancouver Municipal Hall.
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.
Under-mount sinks in bathrooms, including double vanity sinks in all master bathrooms
Semi-incasso sink in powder rooms
Contemporary chrome faucets by Kohler
Rain shower head and polished chrome hand held in all master ensuites
Dual flush toilets
Utility
Custom cabinetry in laundry rooms and laundry closets (select homes)
Polished quartz countertops in laundry rooms and laundry closets (select homes)
Under-mount stainless steel sink in laundry rooms (select homes)
Porcelain tile flooring in all laundry areas
Front-loading washer and dryer by Whirlpool
Amenities & Extras
Enjoy convenient personal concierge service in the main residential lobby
Exercise in a well-equipped fitness facility
Entertain guests in an indoor-outdoor residents' lounge that includes a kitchenette, TV, barbecue, fire pit and generous seating area
Enjoy secure access to the thoughtfully designed and landscaped rooftop courtyard
Explore shops and services at your doorstep, including a new full-service Thrifty Foods, in addition to the well-established variety of shops and services in Edgemont Village
Experience enhanced public spaces, including plazas and public art
Restricted floor elevator access provides peace of mind
Rough-in for wireless security in ground level and courtyard-accessed homes
Secure underground parking and bicycle/
storage locker included with each home
Outdoor gas BBQ connections on roof decks, terraces and most balconies
Outdoor hose bib connections on select roof decks and terraces
Shared wash station for your car, bike and pets
Experience Grosvenor's extensive after-sales customer service program
Features/Amenities from other sources
Air Cond./central
Bike Room
Elevator
Exercise Centre
Garden
In Suite Laundry
Property Management
Roof Top Patio
Shared Bbq
Storage
Amenities info
Amenities & Extras
Enjoy convenient personal concierge service in the main residential lobby
Exercise in a well-equipped fitness facility
Entertain guests in an indoor-outdoor residents' lounge that includes a kitchenette, TV, barbecue, fire pit and generous seating area
Enjoy secure access to the thoughtfully designed and landscaped rooftop courtyard
Explore shops and services at your doorstep, including a new full-service Thrifty Foods, in addition to the well-established variety of shops and services in Edgemont Village
Experience enhanced public spaces, including plazas and public art
Restricted floor elevator access provides peace of mind
Rough-in for wireless security in ground level and courtyard-accessed homes
Secure underground parking and bicycle/
storage locker included with each home
Outdoor gas BBQ connections on roof decks, terraces and most balconies
Outdoor hose bib connections on select roof decks and terraces
Shared wash station for your car, bike and pets
Experience Grosvenor's extensive after-sales customer service program
Maintenance Fees Include
Caretaker
Garbage Pickup
Gardening
Gas
Hot Water
Management
Other
Recreation Facility
Snow Removal
Restrictions
PETS ALLOWED W/REST.
RENTALS ALLOWED
No. of Pets
2
Dogs
Yes
Cats
Yes
Restrictions updated:
January 2011
Construction Information
Year Built
2019
Levels
4
Construction
Concrete
Rain Screen
Full
Roof
Other
Foundation
Concrete Slab
Exterior Finish
Mixed
Strata Information
Strata Plan #
EPS5843
Title to Land
Freehold Strata
Units in Development: 82
Units in Strata: 82
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