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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.
CMHC previous prediction about home price is no longer applies despite of pandemic
Sherry Cooper, chief economist at Dominion Lending Centres, also called the CMHC predictions “overly pessimistic” considering that Canada’s average home price went up by 1.5% in August.
Helmut Pastrick, chief economist at Central 1, echoed Cooper’s assessment, saying that prices are actually on the rise overall and that historically low mortgage rates will impel a more dynamic market, leading to further price growth.
CMLS Financial appointee expects demand for multifamily properties and developable land to remain strong
Rather than seeing his new duties as an uphill battle against the destabilizing forces of COVID-19, Taylor says now is an opportune time for commercial real estate brokerages to expand their reach.
“It’s times like this, when you have economic uncertainty, that advisory in the real estate finance market is ripe to accelerate and become more valuable to both borrowers and to lenders,” Taylor says.
Bank of Canada is still not doing enough to guide the nation out of recession-Economist
Despite the multiple measures taken during the pandemic, a majority of economists said that the Bank of Canada is still not doing enough to guide the nation out of recession, according to a new survey by Finder.
Canada’s housing market sales history in a closer look
As manyMortgage Broker Newsreaders are aware, there is no “Canadian housing market”, just a collection of distinct housing markets that happen to be in Canada. With that in mind, let’s take a look at where the action took place.
Front Yard, second largest single family landlord closed deal in $2.4 Billion Deal
Wall Street has been plowing money into the single-family rental industry in recent months, betting on the demand for homes with more space in the suburbs. While record-low mortgage rates have fueled a housing rally, that’s driven up prices, possibly pushing homeownership out of reach for many.
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