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Building & Condo information

Azura I

1438 Richards Street


Vancouver West, V6B 6H6 VVWYA - Yaletown

Developers Website: www.concordpacific.com
  • Levels: 38
  • Suites: 207
  • Status: Completed
  • Built: 2004
  • Title To Land: Freehold Strata
  • Building Type: Strata Condos
  • Strata Plan: BCS679
  • Management company:  Rancho Management Services
  • Phone  604-684-4508  
  • E-mail  pmgr@ranchogroup.com  
  • Management Co. Contact:  Terry Li Email:  pmgr@ranchogroup.com Phone:  604-684-4508
  • On Site Manager Contact: Brian Bulkovic / Alex, 604-688-9606
  • Concierge Contact: Danny
  • ,
  • #Office: 604-688-9606
  •   |
  • Bldg#: 8048

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Azura I MLS® Listings

1708 1438 RICHARDS.. 1 Bed, 1 Bath,728 Sqft.  $928,000 Engel & Volkers Vancouver
1106 1438 RICHARDS.. 1 Bed, 1 Bath,755 Sqft.  $889,900 Sutton Group-West Coast Realty
2701 1438 RICHARDS.. 1 Bed, 1 Bath,742 Sqft.  $938,800 RE/MAX Westcoast
1708 1438 RICHARDS.. 1 Bed, 1 Bath,728 Sqft.  $928,000 Engel & Volkers Vancouver
(Nearby Listing)

MLS® Listings Summary (3) New Projects under Construction  Area MLS® Listings  Team Listings 
(Open houses highlighted in yellow)

MLS® Address Style BD BA Area Mnt Price F/Plan
1 R2627355 1708 1438 Richards Street Corner Unit, 1 1 728 $467 $928,000
2 R2626781 1106 1438 Richards Street Corner Unit 1 1 755 $488 $889,900
3 R2621311 2701 1438 Richards Street 1 Storey 1 1 742 $440 $938,800
Listings Listed By:  1. Engel & Volkers Vancouver    2. Sutton Group-West Coast Realty    3. RE/MAX Westcoast   
Legend: BD - Bedroom, BA - Bathroom, Mnt - Maintenance Fee, $/sqft - Dollars per square foot.
MLS® Listings Summary Print view

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

Azura at 1438 Richards Street, Vancouver, BC, V6Z 3B8, strata plan BCS679. Azura is a 36-storey tower with 207 units built in 2004. Maintenance fees include a caretaker, garbage pickup, gardening, gas, hotwater, recreactional facility, management. Crossroads are Richards Street and Pacific Street. Azura 2 is steps from George Wainborn Park, the Seawall and False Creek Marina. Shop at Kids Market, Pacific Centre and South Granville Rise. For entertainment you have The Roundhouse Theatre, Scotiabank Dance Centre, Arts Club Theatre, Axis theatre and more. To fill your pantry try Choices Market, JS Food Market, Beach Avenue Market, Granville Island Public Market, Urban Deli or a varied assortment of other fine grocery stores. Schools in the are include Emily Carr Institute of Art, Elsie Roy Elementary School, Rhodes Career College, False Creek Elementary School all within walking distance.

Strata Sub Categories: Strata Condos
 

Azura I Technical Info

Building Name Azura I
Address 1438 Richards Street
City Vancouver West
Neighborhood Yaletown
Listing Price Range N/A
Floors 38
Units in Development: 207
Units in Strata:207
Property Types Freehold Strata
Sub Categories:Strata Condos
Year Built 2004
Developer Concord Pacific
Strata Website ranchovan.com/
Management Rancho Management Services
  604-684-4508
  604-684-1956
 pmgr@ranchogroup.com
Mgt. Co. Contact:  pmgr@ranchogroup.com
  Terry Li
  604-684-4508
Concierge Name Danny
Concierge Phone 604-688-9606
Restrictions Details
Strata Plan BCS679
Strata Plan Log-in BCS679
Title to Land Freehold Strata
  

Azura I Building & Common Area Photos

Typical exterior
Typical exterior
Entrance
Swimming Pool
Hot Tub
Water Feature At Entrance
Squash Court
Change Room
More Pictures

Azura I, 1438 Richards Street - Suite Summary View All 

# Suite Address Postal S/L PID Plan No S/F BA BD
1 N/A 483 Beach Crescent N/A N/A N/A N/A 2591 sq.ft. N/A 3 Bedroom + Balcony
2 201 1438 Richards V6Z 3B8 5 025849620 N/A 740 sq.ft. N/A 1 Bedroom + Balcony
3 202 1438 Richards V6Z 3B8 6 025849638 N/A 1130 sq.ft. N/A 2 Bedroom + Balcony
4 203 1438 Richards N/A N/A N/A N/A 748 sq.ft. N/A 1 Bedroom + Balcony
5 205 1438 Richards V6Z 3B8 7 025849646 N/A 757 sq.ft. N/A 1 Bedroom + Balcony
6 206 1438 Richards V6Z 3B8 8 025849654 N/A 555 sq.ft. N/A 1 Bedroom + Balcony
7 207 1438 Richards V6Z 3B8 9 025849662 N/A 724 sq.ft. N/A 1 Bedroom + Balcony
8 301 1438 Richards V6Z 3B8 11 025849689 N/A 740 sq.ft. N/A 1 Bedroom + Balcony
9 302 1438 Richards V6Z 3B8 12 025849697 N/A 1130 sq.ft. N/A 2 Bedroom + Balcony
10 303 1438 Richards V6Z 3B8 13 025849701 N/A 1138 sq.ft. N/A 2 Bedroom + Balcony
Floor Plan Creator 

Typical Floor Plan (Click image to go to BCFP)

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Typical Floor Plan (Click image to go to BCFP)

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Complex Site Map 3(Click image to enlarge)

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Complex Site Map 4(Click image to enlarge)

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Azura I Videos

Azura - 1438 Richards Street - 3D Facility Tour
1806 - 1438 Richards Street, Vancouver, BC

Azura I Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Bing Areal View
Please click the image above to view respective full map. This will open in a new window.

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Other Buildings in Complex/Area

  1. A Azura II - 1495 RICHARDS STREET - BCS890
  2. B Pacific Point - 431 PACIFIC STREET - VAS2540
  3. C Park West 1 - 455 BEACH CRESCENT - BCS1099
  4. D West One - 1408 Strathmore MEWS - BCS183
  5. E The Charleson - 499 Pacific STREET - EPS4774
  6. F The 501 - 501 PACIFIC STREET - LMS4050
  7. G 501 Annex - 1389 RICHARDS STREET - LMS4050
  8. H Aqua At The Park - 550 PACIFIC STREET - BCS1570
  9. I Park West 2 - 583 BEACH CRESCENT - BCS1219
  10. J 431 Beach - 431 Beach CRESCENT - LMP43683
  11. K The Mark - 1372 SEYMOUR STREET - EPS1231
  12. L The Waterford - 1483 HOMER STREET - BCS435
  13. M Pacific Point 2 - 1331 HOMER STREET - VAS2540
  14. N Governor's Villas I - 1388 HOMER STREET - LMS1725
  15. O Governor's Villa - 1398 HOMER STREET - LMS1725
  16. P King's Landing West Tower - 428 BEACH CRESCENT - BCS1589
  17. Q Governor's Villa I - 1338 HOMER STREET - LMS1725
  18. R Icon 1 - 638 Beach CRESCENT - BCS1964
  19. S Governor's Villa 1 - 1328 HOMER STREET - LMS1725
  20. T Kings Landing - 426 BEACH CRESCENT - BCS1589
  21. U Kings Landing South Tower - 1515 HOMER MEWS - BCS1589
  22. V Pacific Pt. - 1323 Homer AVE - VAS2540
  23. W 601 Beach - 601 Beach CRESCENT -
  24. X Governor's Villa II - 1318 HOMER STREET - LMS1725
  25. Y Governor's Tower - 388 DRAKE STREET - LMS1725
  26. Z Grace - 1288 RICHARDS STREET - BCS747
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September 2021 Market Insights

August 2021 Market Insights

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,152 in August 2021, a 3.4 per cent increase from the 3,047 sales recorded in August 2020, and a 5.2 per cent decrease from the 3,326 homes sold in July 2021.

July 2021 Market Insights

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,326 in July 2021, a 6.3 per cent increase from the 3,128 sales recorded in July 2020, and an 11.6 per cent decrease from the 3,762 homes sold in June 2021.

June 2021 Market Insights

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,762 in June 2021, a 54 per cent increase from the 2,443 sales recorded in June 2020, and an 11.9 per cent decrease from the 4,268 homes sold in May 2021.

May 2021 Market Insights

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,268 in May 2021, a 187.4 per cent increase from the 1,485 sales recorded in May 2020, and a 13 per cent decrease from the 4,908 homes sold

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3 CREA and RECO issued a notice about steering to over 93,000 real estate agents

"In addition to being illegal, the conduct undermines consumer protection, consumer confidence and the reputation of the real estate profession as a whole," said the notice.

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4 Canadians hoping to enter the housing market to homeownership for qualified first-time buyers

 It remains to be seen whether proposed tweaks can revive the much-maligned federal program

On paper, it seemed a welcome break for Canadians hoping to enter the housing market: a federal incentive program aimed at reducing the monthly mortgage burden and easing the passage to home ownership for qualified first-time buyers.

Over two years after its introduction, though, the jury is still out on whether the First-Time Home Buyer Incentive, unveiled by the federal government in September 2019, has had any significant impact in addressing the mounting challenges faced by would-be homeowners across the country.

Figures released to Parliament in April painted a damning picture of the program, revealing that it had seen an uptake of just over 9,000 successful applicants since its introduction – with the $170 million released in incentives representing a small fraction of the program’s $1.25 billion overall value.

One of the most significant stumbling blocks in the incentive, which offers mortgage relief through a shared-equity program between homebuyers and the government, appeared to be the fact that ever-soaring house prices across much of Canada meant that it had little impact on prospective buyers in the country’s hottest markets.

While the government introduced changes to the program late last year – announcing increased household income and buyer’s income thresholds for Vancouver, Victoria and Toronto – those amendments still meant that the program’s maximum eligible home price remained well below the going rate in those markets.

The program has faced staunch opposition from the get-go, with Conservative MPs Tom Kmiec and Stephanie Kusie urging the government to scrap the scheme in May 2020 after it had been in operation for less than a year.

Read more: Conservative MPs urge feds to eliminate First-Time Homebuyer Incentive

Still, the governing Liberals have stuck resolutely by the plan, announcing in their platform prior to September’s federal election – in which they were returned to government, having emerged once more as the largest party in Parliament – that they would retain and rejig the scheme if re-elected.

Under that platform’s proposals, changes to the program would give applicants a choice between the current shared-equity approach and a loan that’s repayable when the property is eventually sold – theoretically allowing new homebuyers to keep more of any increase in their home’s value while also reducing mortgage costs.

CanWise Financial president and RateHub co-founder James Laird told Canadian Mortgage Professional in recent weeks that the First-Time Home Buyer Incentive was an “illogical, complex program” that made little sense and should have been abandoned completely, rather than reworked.

In Newfoundland and Labrador, Robert Jennings (pictured top), owner and mortgage broker at East Coast Mortgage Brokers, said that while the scheme was often raised as a topic among clients, actual uptake had proven limited.

“I would say we have a fair amount of conversations, but it doesn’t lead to a lot of usage,” he said. “The usage rate is very low. I believe if I were to pinpoint it, the lean on the property [government involvement] would be really discouraging to a young, proud first-time homebuyer.

“I feel like maybe in Newfoundland in particular, there’s a home ownership pride that they don’t want to share or give up… Of course, there’s the eligibility issues as well. It seems like in a lot of cases trying to put a square peg in a round hole.”

Read next: What the Canada election result means for the mortgage industry

While Jennings said that the scheme had arguably fallen short in its attempts to create a smoother path to first-time home ownership, he believes efforts at a federal level to address the country’s growing housing affordability crisis are to be applauded.

“Everybody made it a big deal in their platforms – not just first-time home ownership, but home ownership in general and affordability,” he said. “I just really hope that they re-evaluate everything.

“They had good intentions, but I feel like they missed the mark. There’s no reason not to try; the problem’s not going away. I’d like to see what happens when the dust settles and I hope that it [the housing crisis] remains a priority, because they certainly made it seem like it would on the campaign trail.”

A good place to start, Jennings said, would be for the federal government to work collaboratively with stakeholders and those who work daily in the mortgage and housing industries – whether that be on changes to the stress test or potential longer-term amortizations.

“What I want is them not to do things blindly,” he said, “to embrace input, do their homework and try to get it done – but also get it done right.”

 

 

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