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Driftwood Arms MLS® Listings
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Building Info
Driftwood Arms - 14881 Marine Drive, White Rock, BC V4B 1C2, NWS160 - located on Marine Drive and Elm Street in the seaside neighbourhood of White Rock walking-distance to the beach, pier and promenade with its variety of excellent restaurants including The Boathouse, Giraffe Restaurant, Indian Kitchen, Jan's on the Beach, Little India and Shinjuku Japanese Restaurant to name but a few. Farther away there is Semiahmoo Centre, Pricesmart, Sawbucks's Neighbourhood Pub, Shoppers Drug Mart, Peace Arch Hospital, and White Rock Playhouse Theatre. Several Elementary and Secondary schools are a short commute away. Access to public transit and major transportation routes allows an easy commute to surrounding destinations including Langley, Richmond, Downtown Vancouver and BC cities.
Driftwood Arms built in 1975, consists of 23 condo units featuring functional layouts, spacious living areas, balconies and spectacular unobstructed views of the ocean. Building offers shared laundry and bike storage.
Driftwood Arms - spectacular location, unobstructed views, resort-like living - make it yours today!
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
August 2020 Market insights
Home sales in August were up 37% over August 2019. Listings weere 55% over August 2019
Real Estate Related News Articles(Sun and Province)Search News
The speculation and vacancy tax is designed to turn empty homes into housing for British Columbians, and ensure foreign owners and those with primarily foreign income contribute fairly to B.C.’s tax system.
The latest housing boom has also driven eye-popping price increases in areas that remain affordable
This time, though, the faster property appreciation isn’t happening in Vancouver and Toronto, two of Canada’s priciest markets, but in areas that were — at least until recently — affordable.
Housing experts doubt that the tax has had much effect on either the rental market or affordability
“This change in behaviour, and the tax continuing to capture speculators while exempting almost all British Columbians, shows this tax is working for the people of our province,” Finance Minister Selina Robinson said in the statement.
2021 multi-family deal of the year by InterRent, Crestpoint pay $292.5M in Vancouver
To put this $292.5 million deal in perspective, it represents more than 40 per cent of the total multi-family sales volume through the first three quarters of 2020 across all of Metro Vancouver.
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