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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!
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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