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The Royals MLS® Listings
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Building Info
The Royals at 1441 St Georges Avenue, North Vancouver, BC V7L 3J4, Canada. Crossroads are St George Avenue and 15th Street East. This is a new apartment development by Chard Development. The development is scheduled for completion in 2020 which comprise of 256 units and 23 stories. Sophisticated but not pretentious. Refined but not stuffy. Surrounded by urban conveniences, yet minutes from the very best that mother nature has to offer. Professionally managed and pet friendly, The Royals offers studio, one-, two- and three-bedroom homes within two centrally located Central Lonsdale buildings. Ride the high-speed elevator to the penthouse level of Tower 2 and step directly into Club Royals. This 3,300 square foot amenity space includes a fully-equipped gym, a media/games room with a sports lounge vibe, a party room and social lounge and a study room. One level above Club Royals, residents will find a 5,000 square foot rooftop terrace with BBQs, dining and lounge areas with fire pit, a childrens play area and urban gardens, all with 360-degree views. Closest parks include Ray Perrault Park, Victoria Park, Wagg Creek Park, Greenwood Park, St. Andrews Park and Sam Walker Park.
The RE/MAX® brand delivers notable advantages – for agents with a RE/MAX brokerage
As the 2024 RE/MAX vs. The Industry report shows, RE/MAX agents are the most productive, meaning they close more transaction sides than other real estate agents, on average. In fact, RE/MAX agents closed an average of 11.8 transaction sides throughout 2023, nearly double that of the competition
But productivity isn’t the only place RE/MAX shines. The annual report, which ranks the results of national, full-service brokerage brands in the U.S., also highlights that the balloon-backed brand dominated in unaided brand awareness at 36.4%.
Canadian mortgage payments went from virtually nothing to very high
Canadian mortgage payments went from virtually nothing to the highest level in well over a decade, inflicting pain on mortgage borrowers. However, the value of homes also surged. In fact, from the rate cuts that sent home prices surging in March 2020 to the end of 2023, the growth rate of home prices outpaced the increase in the average mortgage payment on file at Equifax. This was true in most of Canada’s largest cities, especially in Eastern Canada where the average household’s payment significantly lagged home price growth.
Canadian Home Values Climbed Faster Than Mortgage Payments
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.
Suite Features • Private balcony and/or terrace (as per plan) • In-suite stacking washer and dryer • Wood-look, luxury vinyl plank flooring throughout • Roller blinds on all exterior windows; black-out blinds in all bedrooms • Programmable thermostats • Smartbox for telecommunication wiring
Kitchens • Modern appliance package including: ° Counter depth refrigerator in fingerprintresistant stainless steel with bottom mount freezer and interior LED lighting ° Front control, self-cleaning range with
smooth top
° Over the range microwave/hood fan combo OR hood fan and below counter microwave (as per plan) ° 24” stainless steel dishwasher with fullyintegrated, concealed control panel and stainless steel interior • Solid surface countertops and full-height tile backsplash • Under cabinet LED lighting • Soft-close cabinetry • Chrome gooseneck faucet • Under mount single basin stainless steel sink • Kitchen islands (available in select suites)
Bathrooms • Solid surface countertops and backsplash • Tile shower/tub surround • Curved shower curtain rods and hand-held shower wand • Pot lighting including shower/tub light • Master ensuite showers (available in select suites)
Building Features • Professional, onsite building manager • Pet friendly building, including dog wash station and dog run with compostable bags • Secured below grade parking and electric car charging stations* • FOB-accessed bike lockers and bike repair station with easy ramp access* • Storage/gear rooms* • Secured building with FOB access • Parcel receiving system for convenient package delivery • Move-in staging area, rear elevator access and resident loading bay (Tower 2) • Select accessible suites available in both Towers • 8,000 square feet of enviable amenities within Club Royals on the 23 and 24 floor of Tower 2
• Onsite professionally managed daycare – Royals
tenants receive priority access based on availability * Subject to availability. Additional fees apply
Gym
Fully equipped with state-of-the-art equipment – including free weights, stationary equipment with Peloton bikes, and stretching/yoga area.
Media/Games Room
A sports lounge vibe complete with a large screen projector TV, plush seating, games, bar seating and a wet bar.
Party Room
Entertaining space for your group whether large or small with a fully functioning chef’s kitchen and stunning views.
Social Lounge
A relaxing lounge with soft seating for large or small groups and a built-in gas fireplace plus stunning views of the city, mountains and water.
Study Room
A quiet space for students or working professionals to have some quick focus time.
Signature Rooftop Terrace
5,000 sq ft terrace with 360-degree views offers BBQs, dining and lounge areas, fire pit, children’s play area and gardens.
Guest Suites Two fully-furnished guest suites found on level 2 – ready for visiting friends or family – round out the package of amenities available to residents of The Royals.
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