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Kitsilano Point MLS® Listings
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Building Info
Kitsilano Point - 1450 Laburnum Street, Vancouver, BC V6J 3W3, VAS392 - Located on Laburnum Street and Cornwall Avenue in the popular Kitsilano subarea of Vancouver West - a vibrant urban community filled with local amenities, entertainment venues, recreational facilities, schools, shopping and restaurants within a short distance. The notable landmarks around Kitsilano Point are fabulous Kitsilano Beach Park and Pool, Hadden Park and Seaforth Peace Park, Vancouver Maritime Museum, HR MacMillan Space Centre and Seaside Bicycle Route. Short distance to the Kingsway, Trans-Canada Highway and other major routes allows for an easy commute to surrounding destinations including North Vancouver, Burnaby and Richmond. Kitsilano Point is close to Henry Hudson Elementary, Hudson Out-of-School Care, St. John's School and Kitsilano Secondary School, Pacific Rim Montessori Academy and wide variety of restaurants including Dunns Famous Restaurant, Mistral French Bistro, Octopuss Garden Restaurant and many others.
Kitsilano Point is a three level complex built in 1977. It consists of 33 units featuring spacious balcony, private patio for ground level units, secure underground parking, bike room, elevator and extra-large storage locker. Building is very well maintained - new roof and balconies redone in 2011, boiler replaced in 2010. Maintenance fees include garbage pickup, gardening, heat, hot water and management. Live in Kitsilano Point - only steps from the ocean and beach!
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.
Different predictions for Metro Real Estate market
The number of real estate sales in B.C. year-over-year in September increased 63 per cent. The average residential price in B.C. increased by 15.3 per cent compared to last year, and set a monthly record of $803,210. Total sales dollar volume in August increased 88 per cent compared to last year, according to the B.C. Real Estate Association, which represents real estate agents.
Canadian housing market facing a biggest housing bubble risk
The resilience of Canada’s housing market is not unique: home prices in many parts of the developed world have been defying the gloom of the COVID-19 recession. Buyers, able to borrow money at historically low rates, have looked to suburbs and smaller cities in the hunt for more space, driving up prices.
Travel industry is among the highest affected industry in Covid-19
The suspension eliminates almost 80 per cent of seat capacity from the Atlantic region and the airline’s only route to Quebec’s second-largest city, a four-times-weekly flight from Toronto.
“It has become increasingly unviable to serve these markets,” Ed Sims, WestJet’s chief executive, said in a statement, adding that the airline has been working since the pandemic was declared in March to maintain essential air service to domestic airports.
Covid-19 challenge the real estate market will this be an indication of slow real estate market?
“As we see the cases around Ontario continue to rise and that second wave starting to take hold, we wanted to make sure that Ontario real estate is doing its part to help keep people and their communities safe,” OREA president Sean Morrison toldMortgage Broker Newsby phone.
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