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The Kensington Place MLS® Listings
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Building Info
Kensington Place at 1386 Nicola Street, Vancouver, BC V6G 2G1 - VAS223. Located in the West End area of Vancouver West, near the intersection of Nicola Street and Beach Avenue. Kensington Place is a medium-sized building that offers 22 units over 6 levels and was built in 1912. Some of the features offered by this building include in-suite laundry, parking and fireplaces.
Kensington Place is just a few blocks from all the cafes of Denman Street and directly across from the beach and the seawall, making this one of the most desirable locations in Vancouver. Popular restaurants nearby include Lolita's Restaurant, Score on Davie, Cafe Luxy, Hamburger Mary's Diner, La Belle Patate, Thida Thai Resturant, All India Restaurant, Boathouse Restaurant and India Bistro. Walking distance The Orca Institute, Lord Roberts Elementary, Roberts Education Centre, King George Secondary and King George International College. Minutes from English Bay Beach Park, Sunset Beach Park and Nelson Park. Downtown living means easy access to Stanley Park, Rogers Arena, Vancouver Public Library, Edgewater Casino, Vancouver Art Gallery, and many other attractions.
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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