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MLS® Disclaimer for BC: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Building Info
The Arbutus - 2888 Arbutus Street, Vancouver, BC V6J 3Y7, Canada. Crossroads are Arbutus Street and West 13th Avenue. The Arbutus is a 4-storey, mixed-use community that includes 2 commercial retail spaces on either side of the lobby, with 3 levels of residential homes that have been designed to accommodate the lifestyles of singles, couples, downsizing seniors, and families with children. The Arbutus is an intimate community of 20 homes created to give a you a life where the best of Kitsilano living comes naturally. Estimated completion in 4th quarter of 2020. Developed by Origin Properties. Architecture by NSDA Architects. Interior design by Cristina Oberti.
Located at the southeast edge of Kitsilano, The Arbutus is in a walkable neighborhood and is surrounded by shopping, dining and easy access to transit. Within walking distance to the proposed Arbutus St. Millennium Line train station as well as the proposed LRT line along the Arbutus Corridor, The Arbutus is also right beside the bike and pedestrian route of the new Arbutus Greenway.
Official Website: thearbutus.com Phone: 604-307-0607 Email: info@thearbutus.com Sales Address: 2090 Alma St, Vancouver, BC
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
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.