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.
Panacasa Technical Info
||3255 Smith Ave
|Listing Price Range
|Units in Development: ||43|
|Units in Strata:||59|
||Limited Common Property|
||Elegant Development Inc.|
|Title to Land
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Typical Floor Plan (Click image to go to BCFP)
Panacasa Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)
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Area Rentals From Craigslist
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Area Rentals From Padmapper
BCREA Housing Market Update (January 2019)
BCREA Housing Market Update (February 2018)
Sales across the province are at a decade low. Listing are up 41% from the same period last year
December 2018 Market Insights
2018 became a buyer's market in December. Overall listings and sales were below the 10 year average
REBGV Housing Market Update For Novemberr 2018
Sales for November were down 43% from the same period last year. 3,461 new listings were recorded in November
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Housing Market Update (December 2018)
Home sales across the province were down 33% in November compared to last year. Listings were up 31% compared to last year
Real Estate Related News Articles(Sun and Province)
Search News Mandarin
Expect a slow year for the housing market says RBC economist
But despite some positives, the outlook for 2019 overall is for the Canadian market to remain subdued due to the factors that weakened sales in 2018 continuing.
CREA report shows market to be slow #LesTwarog
Best bid no guarantee of the best result
Many strata council and property managers often assure their owners and clients that several bids on a project will be sought and the best bid will be accepted. however, multiple bids alone will not assure success or best value.
Multiple bids alone will not assure success or best value #LesTwarog
Many BC markets favour buyers but there are exceptions
“BC households continue to grapple with the policy-induced affordability shock created last year by the federal government,” said Cameron Muir, BCREA Chief Economist. “The resulting pullback in consumer demand is largely responsible for January’s lacklustre performance.”
Vancouver Island among others have a balance between supply and demand #LesTwarog
||Canadian Real Estate Wealth
Parkview Estates 16525 103 Avenue Surrey 64 single-family home lots by Foxridge Homes
The 64-unit Parkview Estates development has more than 14 plans on offer, and buyers have the ability to choose finishes for everything from exterior stonework to paint colour to flooring to backsplashes and cabinet knobs and handles.
At Foxridge Homes’ Parkview Estates, homebuyers can select from dozens of fi
||The Vancouver Sun
Hot Surrey housing beats Vancouver (and 81 other North American cities) in home price gains
Move over, Vancouver. Surrey has had the second-fastest rising home prices in North America over the past five years, suggests a study of 83 major North American cities that also sees five other Canadian cities make the top 10.
This BC suburb sees second-largest home price gains in North America #LesTwarog