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Receive more information about Triomphe Residences
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Thank you for visiting
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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
Triomphe Residence - 1888 Gilmore Avenue Burnaby BC. 46 Storey, 340 one, one + den, two, two + den, three and four bedroom homes, 374 underground parking spaces, Estimated Completion in Spring 2019, Crossing roads: Gilmore Avenue and Halifax Street, Burnaby.
Triomphe by Millennium Development Group is the newest archetype for urban sophistication located at 1846, 1876, and 1904 Gilmore Avenue in the Brentwood Park neighborhood of Burnaby North.
Designed by award-winning Chris Dikeakos Architecture, the tower is expected to soar 46 storeys and will include 340 residential homes and 374 underground parking spaces. Inside, these air conditioning homes feature open-plan interiors and the latest in high-quality finishes, including gourmet kitchens with quartz counters and Bosch stainless steel appliances. Many homes will feature expansive outdoor areas and and boast exceptional views in all directions and in particular to west towards the lights of downtown Vancouver, the ocean harbour, and the North Shore Mountains.
Triomphe is located at the corner of Halifax and Gilmore Street, just steps from Brentwood Shopping Mall and Brentwood Town Center Skytrain Station. Triomphe is easy access to the highway as well as downtown Vancouver, the North Shore Mountains and Simon Fraser University.
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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