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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
The Chartwell at 1108 Nicola Street, Vancouver, BC V6G 2E3 - VAS260. Built in 1975 with 42 units over 10 levels. Located in the West End area of Vancouver West, at the crossroads of Nicola Street and Pendrell Street. Complex features include elevator access, garden, shared laundry, storage and underground parking. With only steps to the shops and restaurants of Denman and Davie Streets, the beauty of English Bay and Stanley Park, and 5 minutes to the beach. Excellent location in the quiet part of the West End. Just a few blocks to Plum Living Home Health Care, RAWE Health Solutions Ltd, Impact: MMA & Sport Conditioning Fitness, Robson Acupuncture, Dr. Lee Thompson Centre For Skin Rejuvenation, Bloom Community Midwives, St. Paul's Hospital, and Providence Health Care. Close to Roberts Education Centre, Lord Roberts Elementary, West End Driving School, King George Secondary, King George International College and Pacific Gateway International College. Just minutes driving to Cardero Bottega, Lolita's Restaurant, BareFoot Kitchen, Banana Leaf, Central Bistro, Tanpopo Japanese Restaurant, Fatburger, Raincity Grill, Boathouse Restaurant and many more great restaurants.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 30,944 in 2020, a 22.1 percent increase from the 25,351 sales recorded in 2019, and a 25.7 percent increase from the 24,619 homes sold in 2018.
November 2020 Market Insights
REBGV 23% increase on Listing in MLS from last year. For November 2020 over 4068 newly listed. Continuing demand for Detached Home and Townhouse with the benchmark price of $1,044,000
October 2020 Market Insights
October 2020 showing a robust Sales-to-Active Listing Ratio with a high mark of 30% means that Market conditions prices typically stable based on the given the baseline of 12-20%. Based on this given data the continued demand for Townhomes, Detached Homes
September 2020 Market Insights
September had a fantastic sales of 56% over the same period last year. Listings were 32% over last year
Real Estate Related News Articles(Sun and Province)Search News
Q1 net income increase compare to previous quarter
The bank’s capital position remained “robust”, with a CET1 ratio of 12.5% “supporting strong volume growth and $1.5 billion in common share dividends paid.” RBC also boasted of a strong average Liquidity Coverage Ratio (LCR) of 141%.
According to CREA, as the spring market approaches, the current pace of home sales growth might be inhibited by an evident lack of supply, particularly in Ontario markets, to meet growing home buyer demand.
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