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Burlington Apartments MLS® Listings
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Building Info
Burlington Apartments at 2835 Hemlock Street, Vancouver, BC V6H 2V9. Located in the Fairview area of Vancouver West, near the crossroads of Hemlock Street and West 13th Avenue. Burlington Apartments is a low-rise building that offers 10 units over 3 levels and was built in 1949. Some of the features offered by this building include a bike room, in-suite laundry and storage.
Burlington Apartments is just 1 block from vibrant South Granville Street. Walking distance to coffee shops, great restaurants, specialty shops, entertainment and more. Also just a 5 minute walk to Granville Park or to Shaughnessy Park. Close to public transit and easy access to downtown Vancouver via Granville Street bridge. More shopping and conveniences on West Broadway and Granville Island. A short drive to the Vancouver General Hospital and just 15 minutes from the University of British Columbia. Nearby schools include Lord Tennyson Elementary and Century High School.
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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