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Building Info
The Victoria at 3655 Victoria Dr, Vancouver, BC V5N 5P1, Canada. This is a new apartment development by Strand. The development was completed in 2020. Leases for available units range in price from $1,650 to over $3,700. The Victoria has a total of 152 units. Sizes range from 440 to 1085 square feet. Architecture by Yamamoto Architecture Inc.
The Victoria provides the quintessential Vancouver experience, just steps from Trout Lake and John Hendry Park, Commercial Drive, and two SkyTrain Stations leading to Downtown. This brand new purpose-built rental community is now renting pet-friendly studio, 1, 2, & 3 bedroom homes and townhomes, with move-ins starting September 1st.
Phone: 604-558-1240 Sales Address: 1915 Stainsbury Avenue, Vancouver
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.
Pet-Friendly Full-size Kitchen Appliances Treetop Mountain Views Automated, Touchless Front Door Locks
FIXTURES, FINISHES AND APPLIANCES • 30” Refrigerator & Freezer by Whirlpool • 30” Electric Cooktop & Oven by Whirlpool • Dishwasher by Whirlpool • Microwave • Polished Chrome Kitchen & Bathroom Fixtures by Kohler • Built-in Storage Solutions inside Kitchen Cabinets FOR YOUR COMFORT • Treetop Mountain Views • Ceiling Heights up to 14’ • Spacious Closets & In-suite Storage • Expansive Balconies & Outdoor Spaces • Gated Underground Parking with EV Charging Stalls Available • Personally Coded Lobby & Parkade Entry Fobs • Secure Bike & Storage Lockers Available • Full-time Professional Caretaker • Security of Tenancy in a Purpose-built Rental Community THE EXTRAS (INCLUDED IN ALL HOMES) • Digital, Keyless Entry to Your Front Door • Floor-to-ceiling Double-glazed Windows with UV Protection • Maximum Natural Light with Effective Temperature Regulation • Effective Noise Reduction • Keeps Your Belongings True-to-colour • Fresh Air Ventilation System • Supplies Fresh Air Sourced from Outside • Effective Temperature & Humidity Regulation • Independent Air for Each Individual Home • 1.5” concrete floor topping overlaid by a noise control insulation mat for extra acoustic protection AMENITIES – SPACES TO SHARE • Entertainment Lounge with Kitchenette • Private Courtyard • Outdoor BBQ Area • Children’s Play Area • Community Garden • Fitness Studio with Weights, TRX System, & Spin Bikes • Dog Wash Station
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