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Gilmore Place MLS® Listings
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Building Info
Gilmore Place - Lougheed Highway, Burnaby, BC V5C 6A7, Canada. Crossroads are Lougheed Highway and Gilmore Avenue. First phase is comprised of 64-storey tower with 643 units, 51-storey tower with 510 units and 43-storey tower with 410 units. Developed by Onni.
With over 12 acres of high-density mixed-use retail, office and residential development conveniently located at the Gilmore SkyTrain Station, the master-planned Gilmore Place community will soon be an exciting new urban centre for Burnaby. Located at the intersection of Lougheed Highway and Gilmore Avenue, this vibrant high-traffic retail community promises to be a draw for neighbouring communities, passers-by, and residents alike. Its prime location adjacent to Brentwood Centre, also currently under massive redevelopment, means that the Gilmore Place community will truly be at the centre of Burnabys larger revitalization and urban growth master-plan.
The first phase of commercial space is preleasing now for Gilmore Places dynamic urban and populous community. Dont miss this chance to be one of the first retailers to become a landmark in this prime revitalized and connected neighbourhood, with the opportunity to provide convenience and amenities for many future residents, and to be part of an upcoming retail destination for countless visitors. Gilmore Place will be one of the most sought-after and visited urban centres in Burnaby and Metro Vancouver.Official Website
Official Website: www.gilmoreplace.ca Phone: 604-488-8986 Email: gilmoreplace@onni.com Sales Address: 101 - 4190 Lougheed Highway
Strata Sub Categories: Strata Condos
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
Covid-19 pandemic cause increase demand for housing
“In the absence of a marked uptick in inventory, the current relationship between demand and supply supports continued double-digit average home price growth this year,” the real estate board’s chief market analyst, Jason Mercer, commented in the report.
The province has already introduced and extended a rent freeze during the COVID-19 pandemic, and it says in a news release Monday that new legislative changes will keep it in place through Dec. 31.
The pros and cons of purchasing the upgraded condo building compare to the newly build one
“Capacity is also a problem—most managers struggle to keep up with their day-to-day activities, so targeting reductions doesn’t happen much because they’re trying to keep their heads above water.”