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The Residences at WEST MLS® Listings
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Building Info
The Residences at WEST
at 195 West 2ND Ave, Vancouver, BC, V5Y 4A1. is the final phase of the three building development between Manitoba Street and Columbia street along the north side of West 2nd Avenue. The final phase is in the construction stage. The developer, Executive Group Development with Walter Francl Architecture Inc. are introducing the new False Creek Residences at WEST Condos. This is a PHASED DEVELOPMENT that will see the construction of a master planned mixed use community that will be eventually home to over 43,000 square feet of prime retail / commercial space at ground level that will include retail services, banks, restaurants and stores. The Residences at WEST Vancouver False Creek condos will become the natural heart and epicentre of The Village and surrounding False Creek neighbourhoods. Phase 1 at 1783 Manitoba Street is a 15 storey tower over podium consisting of 189 beautifully designed view homes. Phase 2 at 159 West 2nd Avenue, Phase 3 at 195 West 2nd ave.
Condo fees are $0.49/sqft: includes heat, hotwater, property management and all recreation facilities. Deposit will be: 5% on signing, 5% in 3 months, 10% on Jan 20/2017 and final $2500 30 days prior to completion. Amenities: Clubhouse (kitchen, dining, media area), Gym, Dogwash room, 8hrs concierge, 2 zipcars, 10 visitor prkg, shared amenity 8500 sqft rooftop terrace of Phase 2 with garden plots, bbq area, childrens play area and boardwalks.
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.