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Receive more information about Building - R + R
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cannot interfere. If you choose to work with our area specialist instead, please click "NO" and continue with the request form.
Change answer to "No" I am not working with a realtor
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Receive more information about R + R
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Thank you for visiting
bccondos.net. You have requested to Contact one of our very skilled local realtors but have informed us you are currently working with a Realtor. Unfortunately since you have an agency relationship with that realtor, we
cannot interfere. If you choose to work with our area specialist instead, please click “NO” and continue with the request form. Change answer to "No" I am not working with a realtor
Leave my answer as "Yes" I am working with a realtor
MLS® Disclaimer for BC: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Building Info
R + R - 3289 Riverwalk Avenue, Vancouver, BC V5S 0B8, Canada. Crossroads are Riverwalk Avenue and Kinross Street. This development is 6 storeys with 99 units. Completed in 2017. A boutique collection of 1-2 bedroom Vancouver condos just steps from an array of amenities. R + R is a community that opens up infinite possibilities for a superb urban lifestyle: Rest + Relaxation, Riverside + Restaurants, Recreation + Rejuvenation. Developed by Polygon Homes. Architecture by Shift Architecture Inc.. Maintenance fees includes caretaker, garbage pickup, gardening, gas, heat, hot water, management, recreation facility, and snow removal.
Nearby parks include Everett Crowley Park, Riverfront Park and Champlain Heights Park. The closest schools are Oppenheimer Elementary School, Ecole Anne Hebert Elementary, Champlain Heights Community School, Captain James Cook Elementary School, Glenwood Elementary and Suncrest Elementary. Other grocery stores/supermarkets nearby are The Low Carb Grocery, Extra Foods and Your Independent Grocer.
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.
R+R features modern West Coast architecture with signature elements including heavy timber and steel beams, structural glass, a dramatic cantilever canopy, metal accents and brick cladding.
A modern entry door opens into an impressive lobby where natural stone and wood elements create a uniquely R+R ambiance.
Distinctive suite entry plaques identify each private residence.
Street fronting homes boast articulated entries with attractive metal and brick detailing.
HOME INTERIORS
Spacious, open floorplans are beautifully complemented by nine-foot overheight ceilings in living areas; most top-level homes feature higher ceilings.
Rich wood-style laminate flooring creates a refined look in the living and dining areas.
Plush CRI Green Label carpeting puts durable comfort at your feet.
Experience the luxurious warmth of an in-floor radiant heating system throughout your home.
Choose from two designer colour schemes to suit your decor and style: Sky and Earth.
Vertical blinds on sliding doors, horizontal blinds on all windows for added privacy.
Windows feature low-E glazing to maximize energy efficiency.
Decks and patios for outdoor living and entertaining.
GOURMET KITCHENS
Custom square-edge cabinetry with subtle polished chrome pulls creates a contemporary look.
Premium quartz countertops and stone backsplashes are naturally elegant and durable.
Cabinet doors and drawers feature soft-close hardware.
Special cabinet features include a pantry and lazy susan to keep everything organized (some homes).
Under cabinet lighting illuminates kitchen tasks beautifully.
A roll-out recycling bin station makes sorting and storing recyclables effortless.
Premium stainless steel ENERGY STAR appliances:
— Panel integrated dishwasher with sound insulation, a sleek handle, and a convenient extra shine option — French door refrigerator with bottom-mounted freezer — Convection wall oven with four custom cooking modes and a five-burner gas cooktop — Microwave and hoodfan combination unit
Sleek undermount double stainless steel sinks for easy food prep and clean up.
A polished chrome faucet with a versatile pull-out vegetable spray.
Conveniently placed electrical outlets enhance work areas.
SPA-INSPIRED BATHROOMS
Luxuriate in elegant ensuites featuring full walk-in showers with frameless doors, or contemporary shower and tub combinations.
Melt away stress in your spa-inspired ensuite shower featuring an oversized rainshower head, porcelain tile surround and a built-in niche and integrated bench seating (most homes).
Floating vanities feature soft close cabinets with chrome hardware, accented by under cabinet lighting.
Rectangular undermount sinks with polished chrome wide-set lever faucets.
Designer-selected porcelain tile flooring and sparkling quartz countertops.
Conserve water with dual-flush water closets featuring soft-close lids.
Second bathrooms feature stone countertops and square-line profile cabinetry with tubs or glass walk-in showers (some homes).
SAFETY AND SECURITY
Well-lit underground parking with security cameras and emergency buttons for
added security.
An enterphone system with security camera outside main lobby.
Exclusive key fob access to parking and common areas.
Heavy deadbolt lock and door viewer in each suite entry.
Ground floor homes include pre-installed alarm systems.
Sprinklers in all homes and common areas.
Comprehensive warranty protection by Travelers Guarantee Company of Canada, including coverage for:
Materials and labour (two years)
Building envelope (five years)
Structural components (ten years)
After-sales care by Polygon's dedicated Customer Service team.
THOUGHTFUL TOUCHES
Conveniently located TV outlets and telephone jacks in main living areas and master bedrooms.
A centrally located media hub station in every home to meet your high-speed cable needs.
Full capacity stacking washer and dryer.
R+R AND THE ENVIRONMENT
R+R has undertaken initiatives of the Built Green Rating GOLD standard by using the following sustainable materials and building practices:
- All paints are water based, low VOC and contain at least 20% recycled content - Appliances are ENERGY STAR rated where applicable - Low-E, double-glazed, thermally broken windows - Hydronic (water based) in-floor radiant heating system - R40-batt insulation contains 40% recycled content - CRI Green Label carpets - Laminate flooring underlay is CRI Green Label +Plus certified. - Built-in roll-out recycling bin station in every home for organizing recyclables - Hot water and heat supplied by a local District Energy Utility
AMENITIES TO ENJOY
Discover the helpful services of an onsite resident manager.
Stay in shape at the fully equipped fitness studio exclusively for reside nts.
A central courtyard area with children's play area and a harvest table.
Gated underground visitor parking.
Bike storage.
OPTIONS
Storage lockers for select homes.
Features/Amenities from other sources
Bike Storage
Exercise Centre
In Suite Laundry
Playground
Property Management
Recycling Program
Amenities info
AMENITIES TO ENJOY
Discover the helpful services of an onsite resident manager.
Stay in shape at the fully equipped fitness studio exclusively for reside nts.
A central courtyard area with children's play area and a harvest table.