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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
Cascade City - 5766 Gilbert Road, Richmond, BC V7C 0G2, Canada. Plan
EPS7688. Crossroads are Elmbridge Way and Gilbert Road. This striking twin-tower development, located in the heart of Richmond on Gilbert just north of Westminster Hwy, blends urban convenience with contemporary design and amenities. Designed by two architectural masters, Foad Raffi and Arno Matis. Developed by Landa Global Properties.
Additional address is 5788 Gilbert Road, Richmond.
The 15-storey twin towers next to the Richmond Oval is bordering on the majestic Fraser River, The Richmond Oval Community is quickly becoming one of Greater Vancouvers most sought-after places to live. With incredible civic amenities like the Oval Community Centre and a vast number of verdant parks, this centrally and convenient location has everything you could ask for. The stunning natural setting includes dozens of walking and biking trails along the riverfront and to the ocean. With close proximity to the airport, highways, SkyTrain, and Vancouver, getting around is easy. Everyday necessities are also at your doorstep at Cascade City; many shops and services are within walking distance.
Nearby parks include Minoru Park Lakes, Minoru Park and Brighouse Park. Nearby schools are Richmond Secondary School, Henry Anderson Elementary, A.R. MacNeill Secondary School, J.N. Burnett Secondary, William Cook Elementary School, Archibald Blair Elementary School and Samuel Brighouse Elementary. Nearby grocery stores are T&T, Tindahan Grocery Ltd., PriceSmart Foods, Wah Shang Supermarket Ltd, Izumiya Japanese Marketplace, Real Canadian Superstore, Empire Supermarket (2010) Ltd, Richmond Night Market and Grand Value Asian Supermarket. Also close to Richmond Hospital, Richmond Public Library - Brighouse Branch, Lansdowne Centre. And short drive to Vancouver International Airport.
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.
Modern Italian, high-gloss, flat-panel Aster Cucine cabinets
LED under-cabinet lighting
Contemporary mirror medicine cabinets for extra storage
Beautiful marble-inspired porcelain tile
Best-in-class Duravit dual-flush toilet and undermount sink
INSPIRING AMENITIES
Club Cascade: Over 3,000 sq.ft. of resort-inspired fitness space, featuring double-height ceilings, Technogym equipment, and multi-functional studio space for yoga and dance
Multi-functional club lounge for exclusive use by residents, including:
- Exquisite kitchen and dining space - Recreation space with ping pong and billiards tables - Relaxing designer lounge area - Mahjong room
Over 25,000 sq.ft. of tranquil podium-level outdoor space, featuring:
- Peaceful dry stone riverbed - Stone-paved promenade weaving through entire podium level - Spacious lounge seating area
Elegantly appointed guest suite for friends and family
Piano room perfect for rehearsal space
Music & violin practice room with music stand and chairs
Meeting room for quiet study or group gatherings
Theatre & karaoke room to socialize with friends
Secure parking accessed with encrypted key fob
Convenient car wash station
Electric vehicle charging stations and rough-ins available
Storage lockers available for purchase
Bike lockers/spaces
PEACE OF MIND AND CONVENIENCE
Standard 2/5/10 warranty coverage
1 year free - Shaw Personal TV, Internet 15, and Personal Phone service
24-hour property management service line for all your service needs
24-hour monitoring of building and parking entrances by closed-circuit cameras
Common area with wheelchair accessibility
Features/Amenities from other sources
Air Cond./central
Bike Storage
Club House
Elevator
Exercise Centre
Guest Suite
In Suite Laundry
Meeting Room
Roof Top Patio
Wheelchair Access
Amenities info
KEY AMENITIES
State-of-the-art fitness centre
Mahjong room
Ping pong table
Billiard table
Lounge
Dining room
Guest suites
Theatre and karaoke room
Restrictions
PETS ALLOWED
RENTALS ALLOWED
Dogs
Yes
Cats
Yes
Restrictions updated:
January 2011
Construction Information
Year Built
2022
Levels
15
Construction
Concrete
Roof
Other
Foundation
Concrete Perimeter
Exterior Finish
Concrete
Strata Information
Strata Plan #
EPS7688
Title to Land
Freehold Strata
Units in Development: 271
Units in Strata: 271
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