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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
Pacific Terraces - 3615 West 17 Avenue, Vancouver, BC V6S 1A3, strata plan LMS1712 - Located on West 17 Avenue and Dunbar Street in the desirable Dunbar subarea of Vancouver West, close to Dunbar Community Centre, Stong's market and Choices Market, library, transit and UBC. The notable landmarks around Pacific Terraces are Pacific Spirit Regional Park, Almond Park and Balaclava Park. Direct access to Dunbar Street and other major routs allows for an easy commute to surrounding destinations including Downtown, Richmond and Burnaby.
Pacific Terraces is close to Queen Elizabeth Elementary School, Lord Byng Secondary School, Monkey See Monkey Do Montessori and Bayview Community Preschool. Some excellent restaurants in the area include Lanotte Restaurant, Jethro's Fine Grub, Dunbar Sushi and many others.
Pacific Terraces is a three level complex built in 1995. It consists of 22 units featuring bright and functional layout, large windows and skylight for top floor units, cozy gas fireplace, laundry room with in-suite storage space and balcony. Building envelope remedial work completed in March 2012. Complex amenities include elevator, common rooftop deck, locker and secured parking. Maintenance fees include garbage pickup, gardening, gas, hot water and management. Don't miss your opportunity to own this amazing home.
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.