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Building & Condo information

ACE on The Drive by Wesgroup

1650 12th Avenue


Vancouver East, V5N 2A3 VVEGR - Grandview VE

Official Website: wesgroup.ca/ace/contact Developers Website: www.wesgroup.ca
  • Levels: 6
  • Suites: 61
  • Status: Under Construction
  • Built: 2025
  • Building Type: Strata Condos
  • Bldg#: 16629
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Building Info

ACE on The Drive - 1650 E 12th Ave, Vancouver, BC V5N 2A3, Canada. Situated at crossroad East 12th Avenue and Commercial Drive in the heart of East Vancouver's Grandview-Woodland area. Offers a collection of 61 units ranging from studios to 3-bedroom layouts. Unit sizes vary from approximately 399 to 1,027 square feet. Expected completion is slated for Fall/Winter 2025. The development includes a two-level underground parkade with ample space for bicycles, storage lockers, and vehicle stalls, all equipped with electric vehicle charging.

Residents will appreciate the convenience of being just a 6-minute walk from Commercial-Broadway Station and a 14-minute SkyTrain ride from Downtown Vancouver. The location is ideal for enjoying the cultural events at the Croatian Cultural Centre and outdoor activities at Trout Lake Park.

Official Website: wesgroup.ca/ace/contact
Phone: 604.648.1800
Email: info@wesgroup.ca
Sales Address: Suite 2000, Three Bentall Centre 595 Burrard Street Box 49287 Vancouver, BC V6C 0E4 Strata Sub Categories: Strata Condos
 

ACE on The Drive by Wesgroup Technical Info

Building Name ACE on The Drive by Wesgroup
Address 1650 12th Avenue
City Vancouver East
Neighborhood Grandview VE
Listing Price Range N/A
Floors 6
Units in Development: 61
Units in Strata: 61
Sub Categories:Strata Condos
Year Built 2025
Developer Wesgroup
Architect Name Ciccozzi Architectur
Architect Phone 604.687.4741
Architect Email info@ciccozziarchitecture.com
Official Website wesgroup.ca/ace/contact
Restrictions Details
Building Strata Minutes on BCC
Building Strata Minutes on 671

ACE on The Drive by Wesgroup Documents

Developer Brochure(WM)
Features Brochure (WM)
  

ACE on The Drive by Wesgroup Building & Common Area Photos
Slideshow (Click To Enlarge)   (Slideshow)   (Print View)

1650 E 12th Ave ACE on The Drive - Vancouver - Display photo
1650 E 12th Ave ACE on The Drive - Vancouver - Display photo
1650 E 12th Ave ACE on The Drive - Vancouver - Display photo
1650 E 12th Ave ACE on The Drive - Vancouver - Display photo
1650 E 12th Ave ACE on The Drive - Vancouver - Display photo
1650 E 12th Ave ACE on The Drive - Vancouver - Display photo
1650 E 12th Ave ACE on The Drive - Vancouver - Display photo
1650 E 12th Ave ACE on The Drive - Vancouver - Display photo
1650 E 12th Ave ACE on The Drive - Vancouver - Display photo
1650 E 12th Ave ACE on The Drive - Vancouver - Display photo
1650 E 12th Ave ACE on The Drive - Vancouver - Display photo
1650 E 12th Ave ACE on The Drive - Vancouver - Display photo
More Pictures

Complex Site Map (Click image to enlarge)

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Complex Site Map (Click image to enlarge)

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ACE on The Drive by Wesgroup Videos

Ace Tour
ACE On The Drive By Wesgroup. Hot New Vancouver Presale Condos!
ACE on the Drive by Wesgroup - Presale condos coming soon to East Vancouver - Commercial &12th Ave
ACE By Wesgroup | Presale in Vancouver Thu Pham 1.94K subscribers Subscribe
BRADMANANDROBIN.COM PRESALE: ACE by Wesgroup

ACE on The Drive by Wesgroup Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Links & Resources

March 2024 Market Insights

January 2024 Market Insights

January 2024 Market Insights

December Market Insights

Housing market resilient in 2023, ends year in balanced territory

November 2023 Market Insights

Metro Vancouver housing market holds steady in October

Real Estate Related News Articles(Sun and Province) Search News  

Mandarin 
# Article Publish Date Source
1 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%. 


2024 RE/MAX vs. The Industry: RE/MAX Has More Transactions Per Agent, More Bra 		2024/05/02 other
2 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


Canadian Real Estate Prices Climbed Faster Than Mortgage Payments 		2024/05/01 other
3 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.


Bryan Yu: B.C. housing market showing signs of marginal improvement 		2024/04/23 Western Investor
4 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.


Lethbridge industrial market strengthens as options limited 		2024/04/22 Western Investor
5 Increase to capital gains tax will cause a flood in the cottage market: Muskoka realtor

The new tax rates, set to be in force as of June 25, will increase the inclusion rate on capital gains from any sale from 50 per cent above the first $250,000 to 66 per cent.

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. 


Increase to capital gains tax will cause a flood in the cottage market 		2024/04/22 Bloomberg
More News
HYTEC WATER
 

 

Other Buildings in Complex/Area

New Developments  Condo Sub Categories 

Amenities/Features

AMENITIES

  • 1100+ square foot open concept amenity space- Harvest social table

- Gathering tables with seating for 20
- Amenity kitchen
- Multimedia room
- Bright European style inner courtyard
- 2 BBQs, sink
- Private secure entry only through ACE
- Landscaped patio space
- Outdoor dining
- Garden plots
- Multi-surface, modern kids play area

  • Ground floor work hub
  • Visitor parking
  • Dog-wash station located on ground floor
  • Bicycle storage and bike repair station
  • EV charging capabilities for all parking stalls
  • Homes set above several retail shops along The Drive

INTERIORS

  • Choice of 2 on-trend colour palettes: Coffee or Crema
  • 8’ 8” ceiling height
  • Premium laminate flooring throughout in Sanremo Oak (Coffee scheme) or Toulon Oak (Crema scheme)
  • White roller shades throughout the home
  • Recessed pot and thin profile flush mount lighting

KITCHENS

  • Minimalist flat finish soft close cabinets in Black (Coffee scheme) or Cyclone (Crema scheme)
  • LED Under cabinet strip lighting
  • Quartz countertops
  • Herringbone patterned white tile backsplash
  • Kohler single handle pull down kitchen faucet in black matte

One-Bedroom Homes:

- 24” Fulgor gas cooktops
- 24” integrated Fulgor refrigerators
- 24” Fulgor stainless steel wall ovens

Two & Three-Bedroom Homes:

- 30” Fulgor gas cooktops
- 30” integrated Fulgor refrigerators
- 30” Fulgor stainless steel wall ovens
- 24” integrated Fulgor dishwashers with statement matte black hardware

  • 27” built-in KitchenAid microwave with trim kit (except D1 homes)
  • AEG Perfekt Glide range hood fan
  • 24” single basin undermount sinks
  • Soft close cabinets and drawers
  • Lower drawer pulls in dark leather
  • Architectural flush mount lighting over kitchen island
  • Modern open shelving
  • Storage-friendly corner Lazy Susan

BATHROOMS

  • Round vanity mirrors framed in matte black
  • Spherical wall sconces in matte black
  • Minimalist flat finish soft close cabinets in Black (Coffee scheme) or Cyclone (Crema scheme)
  • Quartz countertops
  • Lower drawer pulls in dark leather
  • Geometric diamond patterned floor tile in White Décor Lappato (Coffee scheme) or Coal Décor Lappato (Crema scheme) in main bathrooms
  • Frameless glass shower in ensuite bathrooms with large format white tile surround
  • Ensuite bathroom matte floor tile in Light Grey
  • Deep soaker bathtub in main bathrooms with large format white tile surround
  • Polished chrome towel bar and fixtures
  • Kohler single lever bathroom faucet in polished chrome
  • Undermount Kohler bathroom sink
  • Heated floors in one-bedroom main bathrooms and two & three-bedroom ensuites

ENERGY EFFICIENCY

  • Energy Star Certified stacked front-loading Whirlpool 27” washer & dryer
  • Dual-flush Kohler toilets
  • High-efficiency heating and cooling
  • HRV clean air system
  • LED lighting for low energy consumption


SAFETY & SECURITY

  • Secured underground parking
  • Secure fob entry
  • Restricted elevator access with enterphone at lobby
  • Comprehensive, industry-leading 2-5-10 New Home Warranty by Travelers

Restrictions
Restrictions updated:
January 2011

Construction Information

Year Built 2025
Levels 6
Construction Concrete Frame

Strata Information

Strata Plan #
Units in Development:  61

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      Last Edited on 2024-03-13 by Ian, 2024-03-13 by Ian