Thank you for visiting
bccondos.net. You have requested to Contact one of our very skilled local realtors but have informed us you are currently working with a Realtor. Unfortunately since you have an agency relationship with that realtor, we
cannot interfere. If you choose to work with our area specialist instead, please click "NO" and continue with the request form. Change answer to "No" I am not working with a realtor
Leave my answer as "Yes" I am working with a realtor
Welcome to our Strata Minutes section - these are private. In order to get access to these Strata Minutes you must get a password from us. Please call us at 604-671-7000 or Contact Us.
Receive more information about Building - 5656 Balaclava
Yes
No
Thank you for visiting
bccondos.net. You have requested to Contact one of our very skilled local realtors but have informed us you are currently working with a Realtor. Unfortunately since you have an agency relationship with that realtor, we
cannot interfere. If you choose to work with our area specialist instead, please click "NO" and continue with the request form.
Change answer to "No" I am not working with a realtor
Leave my answer as "Yes" I am working with a realtor
Receive more information about 5656 Balaclava
Yes
No
Thank you for visiting
bccondos.net. You have requested to Contact one of our very skilled local realtors but have informed us you are currently working with a Realtor. Unfortunately since you have an agency relationship with that realtor, we
cannot interfere. If you choose to work with our area specialist instead, please click “NO” and continue with the request form. Change answer to "No" I am not working with a realtor
Leave my answer as "Yes" I am working with a realtor
5656 Balaclava MLS® Listings
"Sorry there are no listings. Please click here to view Kerrisdale listings"
Building Info
5656 Balaclava - 5656 Balaclava St, Vancouver, BC V6N 1L1, Canada. Situated at Balaclava Street and West 41st Avenue in the neighbourhod of Kerrisdale. This development will offer 79 modern condominiums with 30 distinct floor plans to choose from. Homes will vary from 1, 2, and 3 bedrooms and range in size from 580 to 1,478 square feet. Many amenities will be available to residents, some of which include: a fitness centre, landscaped courtyard, lobby, office space, kitchen, accessible washrooms, rooftop community garden, patio space with benches and tables. Additionally, a 2-level underground parkade will be available to all residents, as well as a select number of private garages for premier homes.
Some amenities you can find in the neighbourhood include: H-Mart & Save-On Foods grocers; Kerrisdale restaurants, services, shops; Kerrisdale Seniors Centre; Dunbar Community Centre; Pacific Spirit Regional Park & trails; 2 golf courses & driving range; VanDusen Garden; Oakridge Shopping Centre; UBC. Development by Hon and has the estimated completion in 2025.
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.