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Slocan Lane MLS® Listings
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Building Info
Slocan Lane - 5011 Slocan Street, Vancouver, BC V5R 2A6, Canada. Crossroads are Slocan Street and East 34th Avenue. This development features 6, townhouses with 2 types of floorplans to choose from: a 3 storey townhome featuring 2 rooftop decks or a single level garden suite with private patio. Estimated completion in 2018. Developed by Legendary Developments. Maintenance fees includes garbage pickup, gardening and management.
Nearby parks are Norquay Park, Slocan Park, Jones Park and Collingwood Park. Schools nearby are George T. Cunningham Elementary School, St. Mary's School, Vancouver School Board StrongStart Early Learning Centre, John Norquay Elementary School, Marzenas Montessori Preschool, Pre-Maternelle Pomme D'api Preschool, Tecumseh Elementary and Tecumseh Annex Elementary School. Grocery stores and supermarkets nearby are Sweet Country Foods, Great Two Supermarket , C&T Food Market, kensington Garden's T & T Super Market, Teng's Market and JJ SriLankan Store.
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.
Contemporary 'west coast' inspired exterior featuring rich cedar details, hardie board-and-batten accents, flat rooflines, and energy saving multi-panel windows
Designer selected heritage colours to harmonize with their natural surroundings
HardiPlank siding to ensure years of strength, beauty and durability
Cedar soffits to ensure durability and natural beauty
2 large rooftop decks perfect for entertaining and relaxing (most homes)
Private and serene patios surrounded by greenery (some homes)
Extensive landscaping has been carefully planned
STUNNING INTERIORS
Choose from 2 types of floorplans: a 3 storey townhome featuring 2 rooftop decks or a single level garden suite with private patio
Open-concept main level invites air and light to circulate
Designer wide plank laminate flooring
Luxurious Amanti electric fireplace with tile surround and wood accent trim
Oversized baseboards throughout, interior window trims and contemporary door casing add that extra finishing touch
Low-E glass windows improve energy efficiency and reduce harsh UV rays
Modern flat-panel doors and sliders throughout
ENVIABLE KITCHENS
Modern flat-panel laminate cabinets and millwork
Soft-close cabinet doors and drawers
Modern, oversized kitchen sink, with a sleek black Aqua Brass faucet
Stunning Quartz kitchen countertops
Kitchen island, featuring pendant lighting above, anchors the space for practical dining, working, and storage
Luxurious and sleek appliance package: - 24" cooktop by Fulgor - 24" microwave and hood fan combination by Whirlpool - 24" self cleaning wall oven by Fulgor - 24" fully integrated 5 cycle dishwasher by Blomberg - 30" stainless steel refrigerator with bottom-mount freezer and wine rack by Blomberg
SPA-INSPIRED BATHROOMS
Flat-panel cabinets keep belongings organized
White polished quartz countertops provide a stunning clean surface
Large vanity mirrors bound by elegant sconce lighting
Undermount sinks with matte black faucets
In symmetry with the floor, large-format tiles ascend the walls
Custom walk-in showers with sleek matte black faucets
NEW HOME PEACE OF MIND
All homes backed with National Home Warranty 2-5-10 New Home Warranty
All homes outfitted with hard-wired smoke detectors and carbon monoxide monitors
State-of-the-art rain screen protection for durability in our West Coast weather
Every home equipped with an alarm system
EVERYDAY CONVENIENCES
Cat5e wiring for Internet, phone and TV
Control electric baseboard heating from room to room individually
Whirlpool front load washer and dryer
Built-in wood closet organizers
Control privacy and ambiance with faux-wood blinds in all windows
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