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Building & Condo information

Pacific Terrace

3615 W 17th Ave


Vancouver West, V6S 1A3 VVWDU - Dunbar

  • Levels: 4
  • Suites: 22
  • Status: Completed
  • Built: 1995
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Strata Plan: LMS1712
  • Management company:  Alliance Real Estate Group
  • Phone  604-685-3227  
  • Bldg#: 4234

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Pacific Terrace MLS® Listings

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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.

Strata Sub Categories: Strata
 

Pacific Terrace Technical Info

Building Name Pacific Terrace
Address 3615 W 17th Ave
City Vancouver West
Neighborhood Dunbar
Listing Price Range N/A
Floors 4
Units in Development: 22
Units in Strata:22
Property Types Freehold Strata
Sub Categories:Strata
Year Built 1995
Strata Website awmalliance.com/
Management Alliance Real Estate Group
  604-685-3227
  604.893.1721
Restrictions Details
Strata Plan LMS1712
Title to Land Freehold Strata
  

Pacific Terrace Building & Common Area Photos

general view
general view
general view
entrance

Pacific Terrace Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A Highbury House - 3637 WEST 17TH AVE - BCS93
  2. B 3349 Dunbar Street - 3349 DUNBAR STREET - LMS2060
  3. C University Point - 3663 WEST 16TH AVE - VAS537
  4. D Pariz On Dunbar - 3611 WEST 18TH AVE - BCS2992
  5. E Duke On Dunbar - 3595 West 18TH AVE - BCS2414
  6. F The Grey - 3639 West 16th AVENUE - EPP66593
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September 2020 Market Insights

August 2020 Market insights

Home sales in August were up 37% over August 2019. Listings weere 55% over August 2019

uly 2018 Housing Market Update

July sales are down 30% from July 2019.

June 2020 Market Insights | REBGV

Sales for June were up 65% from last month. Listings in June were up 57% from last month.

BCREA Housing Market Update (July 2020)

Sales in BC for June are up 17% from last year. Listings in June are still below average.

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1 Canadian government releases more details regarding its five year Housing Supply Challenge

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Federal government releases more details of five-year housing initiative #LesTwarog
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After taking insurance into account, and assuming a 5% down payment, this translates to an average of 78% of a condo buyer’s down payment lost. As a disclaimer,Better Dwellingsaid that this calculation did not include any possible payments over the period due to the widespread loss of income nationwide.

Using the same calculation, Toronto was found to be especially worse off. Average condo price decline from April was at 1.86%, translating to a negative 111.2% return in equity. Even including payments over the period only leads to around 0.827% equity.


Condo buyers lost much of their down payments during the pandemic – analysis
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The tax shift is measured by a commercial-to-residential ratio that compares the commercial tax rate to the residential tax rate. For example, if the ratio is 2.50, a commercial property valued at $1 million dollars would incur property taxes 2.5 times higher than an equally-valued residential property.


Vancouver, Calgary chop commercial property taxes #LesTwarog
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 “The coming year will be all about embracing opportunities to be resilient in the face of uncertainty, while shifting strategies in anticipation of market headwinds,” says Frank Magliocco, PwC Canada’s national real estate leader. “For the first time in a few years, we’re hearing divergent views from industry players about issues like the future of office spaces and the urbanization and suburbanization trends.”


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