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Panacasa MLS® Listings
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Building Info
Panacasa - 3787 Canada Way, Burnaby, BC, 5 levels, 59 units, estimated completion 2013 - located at the corner of Canada Way and Boundary Road in Burnaby. Developed by Elegant Development Inc., Panacasa is a brilliant collection of 59 wood frame and concrete condos and townhomes featuring one, two and three bedroom modern condos or two bedroom heritage-style townhomes.
The exterior facades are designed and built with striking concrete, brick and integrated timber detail, giving it a unique and very exciting Whistler look. Inside, Panacasa homes feature 9 foot ceilings, large windows, laminate hardwood flooring, cut pile carpets in bedrooms, high-end interior fixtures, cozy gas fireplaces, thick granite countertops in the kitchen, wrap around walnut or wenge cabinets, powder rooms with under mount sinks and large format ceramic tile in bathrooms. Spacious patios or roof decks view the majestic north shore mountains. Also, residents can enjoy the building amenities including a game room with full kitchen facilities, fully-equipped exercise room, kid's play area, beautifully landscaped courtyards, secure underground parking, and bicycle storage.
Panacasa features a great location that is just moments away from Brentwood Mall, Deer Lake, SFU, BCIT, Metrotown, Burnaby General Hospital and Central Park. Quick walk to Cascade Village Plaza and convenience stores. Highway #1, Grandview Highway and Lougheed Highway give you easy access to transit and everywhere else.
Sales Centre: parkgeorgia.com Official Website: www.panacasa.ca Phone: 604-351-9518 Sales Address: 3849 Canada Way, Burnaby
Strata Sub Categories: Strata
B.C. housing market showing signs of marginal improvement
B.C.’s housing market saw a slight improvement in March as home sales nudged higher following a 5.9-per-cent decline in February. Sales increased 0.7 per cent to reach 5,866 unit sales. Home prices rose 1.8 per cent. This said, housing momentum has waned in the last few months as buyer sentiment shifted amid interest rate uncertainty.
MLS home sales increased in most of the province’s real estate board areas. The Greater Vancouver area saw home sales increase by 1.4 per cent following a decline in the previous month. In Chilliwack, home sales increased only slightly—by just 0.5 per cent—while the Kootenays reported a 17.2-per-cent increase. Home sales also rose 9.4 per cent on Vancouver Island, and were unchanged in the Fraser Valley. However, the Okanagan-Mainline and South Okanagan areas recorded sales declines of 8.9 per cent and 19 per cent, respectively.
Lethbridge industrial market strengthens as options limited
Western Canada’s industrial markets are at an inflection point as demand normalizes and the pause that hit new construction last year begins to make itself felt.
Conservative market sentiment is now creating the conditions for stronger performance in 2024, Avison Young reports, with cities like Lethbridge poised to see a landlord’s market for industrial space.
Lethbridge reported a 4.1 per cent vacancy rate in the first quarter, up from 4 per cent at the end of 2023. But space under construction is down more than half from last year to 50,000 square feet, creating potential supply constraints.
That change will have significant implications for cottage owners. Many have seen the value of their properties skyrocket in recent years, which could cause them to kick the tires and sell before the higher tax rules kick in.
High-tech sensors in workplaces, postal-code analysis among tools for real estate strategies.
Driven by persistent return-to-in-person challenges, local companies are leveraging office space data to optimize the physical spaces they occupy.
Employee commute times and office space utilization data are informing companies’ strategies for encouraging in-person work and optimizing office layouts to meet long-term goals, according to those who spoke toBIV.
“As companies are revisiting or choosing to revisit their office space, they’re looking at a year to two years of real good data of who’s coming in, how often, what are they doing and what’s the purpose of the office for those people,” said Alain Rivère, vice-president of the high technologies group at CBRE.
Detached home starts decline as condo, townhome starts boom in 2023
The West Coast housing market saw a significant boost in construction activity last year, according to a new report by the Chartered Professional Accountants of British Columbia (CPABC).
The annualBC Check-Up: Investreport found that construction began on 35,553 housing units in southwest B.C. during the year, a 20.9 per cent jump compared with 2022. This marks the highest number of housing starts ever recorded in the region.
“Our members living in the Lower Mainland have consistently reported that housing prices are the biggest challenge facing B.C. businesses,” said Lori Mathison, president and CEO of CPABC, said in an April 18 statement.
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