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Receive more information about Panacasa
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Panacasa MLS® Listings
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Building Info
Panacasa - 3255 Smith, Burnaby, BC V3K 3V9, 5 levels, 59 condos & Townhomes, estimated completion 2013 - located at the corner of Canada Way and Boundary Road in Burnaby. Developed by Elegant Development Inc., Panacasa is a brilliant collection of 59 wood frame and concrete condos and townhomes featuring one, two and three bedroom modern condos or two bedroom heritage-style townhomes.
The exterior facades are designed and built with striking concrete, brick and integrated timber detail, giving it a unique and very exciting Whistler look. Inside, Panacasa homes feature 9 foot ceilings, large windows, laminate hardwood flooring, cut pile carpets in bedrooms, high-end interior fixtures, cozy gas fireplaces, thick granite countertops in the kitchen, wrap around walnut or wenge cabinets, powder rooms with under mount sinks and large format ceramic tile in bathrooms. Spacious patios or roof decks view the majestic north shore mountains. Also, residents can enjoy the building amenities including a game room with full kitchen facilities, fully-equipped exercise room, kid's play area, beautifully landscaped courtyards, secure underground parking, and bicycle storage.
Panacasa features a great location that is just moments away from Brentwood Mall, Deer Lake, SFU, BCIT, Metrotown, Burnaby General Hospital and Central Park. Quick walk to Cascade Village Plaza and convenience stores. Highway #1, Grandview Highway and Lougheed Highway give you easy access to transit and everywhere else.
Sales Centre: parkgeorgia.com Official Website: www.panacasa.ca Phone: 604-351-9518 Sales Address: 3849 Canada Way, Burnaby
Strata Sub Categories: Strata
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.”
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