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Eight On Third MLS® Listings
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Building Info
Eight OnThird at 748 East 3rd Street, North Vancouver, BC, Canada V7L 1G9. Eight OnThird is a boutique collection of premium PassiveHouse townhomes located in the Lower Lonsdale/Moodyville neighborhood of North Vancouver. The mix of 3 to 4+ bed homes range from 1444-2400 Square Feet. Features include open layouts, attached garages, lock-off suites, & 500+ SF private rooftop decks. PassiveHouse construction reduces energy consumption up to 90% while providing superior comfort, quiet & air quality. Only blocks from Seabus/Lonsdale Quay & across the street from the new Moodyville park. EightOnThird is a healthy & quiet home with clean lines and contemporary finishes that blend warm wood tones with sleek metallic accents. High ceilings, large windows, and open concept plans provide a comfortable, private living experience. Streamlined European style kitchens with generous countertops and high-quality stainless steel appliances provide the perfect backdrop for entertaining.
According to Unique Accommodations, an experienced Property Management company, the rental suites of townhomes at EightOnThird are extremely desirable and in high demand. Given the central location, ease of transit, access to downtown Vancouver via Seabus, and proximity to Capilano University, Unique Accommodations estimate these legal suites will generate rental revenue of $1,300 per month. This generous rental income will significantly reduce the monthly expenditure of families, and allow them the opportunity to live in a completely revitalized neighbourhood just across from the soon-to-be newly renovated Moodyville Park.
Crossroads are Queensbury Avenue and 3rd Street East.
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.