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RIAA In The Park MLS® Listings
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Building Info
RIAA at The Park - 485 W 35th Ave, Vancouver, BC V5Y 2M7, Canada. Situated at Cambie Street & West 35th Avenue in the neighbourhood of Cambie. Comprising of 6-storey residential mid-rise building, 16 beautiful condominium units, with estimated completion in June 2024. Featured generous 9 high Ceilings, high quality window with an abundance of natural light, and thoughtful rooftop design. Development by RIAA Development. Designed by GUD Group.
At RIAA in the Park, the outstanding amenities of Queen Elizabeth Park are just steps away, including tennis and basketball courts, pitch & putt golf, the Bloedel Conservatory, an off-leash dog park, disc golf, and lush quarry gardens. Across the street, take advantage of the Olympic recreational facilities at Hillcrest Community Centre or enjoy a ballgame at Nat Bailey Stadium. For all your shopping needs, Oakridge Centre is just a 10-minute walk away. Downtown Vancouver, YVR, and Richmond city centre are all just 15 minutes away via the Canada Line. Getting to UBC is also convenient with the R4 RapidBus. Rest and unwind or take a relaxing walk through nature and community spaces the neighborhood has to offer.
Foreign landlord fails to pay taxes, CRA goes after tenant
It was a Tax Court of Canada case last year that went mostly under the radar by all except for the legal community who were taken aback by its implications for renters.
A Montreal tenant was audited and ordered to pay the tax he had failed to withhold on the monthly rent to his non-resident landlord, as required by law. As a result, he was ordered to pay six years’ worth of tax as well as the compounded interest and penalties. The Canada Revenue Agency (CRA) could not collect against his overseas landlord, so the Canadian tenant was on the hook.
Royal LePage expands footprint with Lower Mainland acquisitions
The importance of technology to residential property sales – and in turn the investors participating in the market – is once again in the spotlight with Royal LePage’s latest brokerage acquisition in Metro Vancouver.
Royal LePage Elite West, based in Port Coquitlam with offices in Maple Ridge and Abbotsford, announced April 2 that it had shed the Keller Williams banner, becoming the largest-ever Keller Williams conversion Royal LePage has seen as brokerages reassess their affiliation in the wake of turmoil in the U.S.
“They’re happy to be joining a Canadian company,” Phil Soper, president and CEO of Royal LePage, explained toWestern Investorlast week as he returned from events in Vancouver marking the transfer, which adds 175 agents for an initial 10-year term under the Royal LePage banner.
B.C. may need 700K more housing units by 2030, says economist
The province will have to build somewhere in the range of 500,000 to 700,000 housing units by 2030 to restore 2003 and 2004 levels of affordability, according to Braden Batch, lead economist for B.C. at the Canada Mortgage and Housing Corp.
Speaking at a panel discussion Wednesday at the Union of BC Municipalities housing summit in Vancouver, he said that this range already accounts for housing that the province is on track to build. Batch said it is also based on low, medium and high population projections, meaning that numbers may differ based on which projection becomes reality.
The Christ Church Cathedral precinct on the edge of downtown Victoria could be significantly transformed if Concert Properties gets rezoning approval for a two-tower housing project that would bring 370 new homes to what once was a YMCA-YWCA facility.
The Vancouver developer has made an application to rezone 851 Broughton St. to allow for a mixed-use project that will include 26- and 11-storey towers housing 220 condominiums and 150 rental units, respectively.
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