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Savoy (Condo & Townhouse) MLS® Listings
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Building Info
Savoy - 4238 Cambie Street, Vancouver, BC V5Z 2Y4, Canada. Crossroads are Cambie Street & West 26th Avenue. Developed by Aria Pacific Development Inc. Scheduled for completion in 2024. Savoy at Queen Elizabeth Park is located in the heart of the Cambie Corridor in Vancouver. Savoy is a 6-storey concrete development consisting 1-2-3 bedroom, 52 condos and 5 townhomes. These boutique residences reflect the West-Sides classic refined look and feel and combine urban luxury with parkside living just steps from Vancouvers crown jewel Queen Elizabeth Park. The nearby Canada Line provides direct access to the entire City within minutes.
The city, ocean, and mountains are to your north. Park space, shops at Oakridge, and the airport are to your south. Savoy gives you the best of both worlds: a central address in a serene parkside location. Pair a busy urban morning with a quiet meditative afternoon at the park. Slip into the city by Canada Line. Stroll to the world class aquatic facilities at Hillcrest Community Centre.
B.C. housing market showing signs of marginal improvement
B.C.’s housing market saw a slight improvement in March as home sales nudged higher following a 5.9-per-cent decline in February. Sales increased 0.7 per cent to reach 5,866 unit sales. Home prices rose 1.8 per cent. This said, housing momentum has waned in the last few months as buyer sentiment shifted amid interest rate uncertainty.
MLS home sales increased in most of the province’s real estate board areas. The Greater Vancouver area saw home sales increase by 1.4 per cent following a decline in the previous month. In Chilliwack, home sales increased only slightly—by just 0.5 per cent—while the Kootenays reported a 17.2-per-cent increase. Home sales also rose 9.4 per cent on Vancouver Island, and were unchanged in the Fraser Valley. However, the Okanagan-Mainline and South Okanagan areas recorded sales declines of 8.9 per cent and 19 per cent, respectively.
Lethbridge industrial market strengthens as options limited
Western Canada’s industrial markets are at an inflection point as demand normalizes and the pause that hit new construction last year begins to make itself felt.
Conservative market sentiment is now creating the conditions for stronger performance in 2024, Avison Young reports, with cities like Lethbridge poised to see a landlord’s market for industrial space.
Lethbridge reported a 4.1 per cent vacancy rate in the first quarter, up from 4 per cent at the end of 2023. But space under construction is down more than half from last year to 50,000 square feet, creating potential supply constraints.
That change will have significant implications for cottage owners. Many have seen the value of their properties skyrocket in recent years, which could cause them to kick the tires and sell before the higher tax rules kick in.
High-tech sensors in workplaces, postal-code analysis among tools for real estate strategies.
Driven by persistent return-to-in-person challenges, local companies are leveraging office space data to optimize the physical spaces they occupy.
Employee commute times and office space utilization data are informing companies’ strategies for encouraging in-person work and optimizing office layouts to meet long-term goals, according to those who spoke toBIV.
“As companies are revisiting or choosing to revisit their office space, they’re looking at a year to two years of real good data of who’s coming in, how often, what are they doing and what’s the purpose of the office for those people,” said Alain Rivère, vice-president of the high technologies group at CBRE.
Detached home starts decline as condo, townhome starts boom in 2023
The West Coast housing market saw a significant boost in construction activity last year, according to a new report by the Chartered Professional Accountants of British Columbia (CPABC).
The annualBC Check-Up: Investreport found that construction began on 35,553 housing units in southwest B.C. during the year, a 20.9 per cent jump compared with 2022. This marks the highest number of housing starts ever recorded in the region.
“Our members living in the Lower Mainland have consistently reported that housing prices are the biggest challenge facing B.C. businesses,” said Lori Mathison, president and CEO of CPABC, said in an April 18 statement.
PRESTIGIOUS BOUTIQUE LIVING A SEAMLESS BLEND OF URBAN CONVENIENCE AND REFINED WEST SIDE LIVING. • Trusted concrete construction by the award-winning ITC Group • A statement of architectural design by Rafii Architects
Conveniently situated in Cambie Village at Cambie & 26th Street: • King Edward SkyTrain Station - 1 block away • Queen Elizabeth Park - 2 blocks away • Hillcrest Park - 4 blocks away: - Home of the Vancouver Canadians professional baseball team - World class aquatic centre - Minor-league baseball field - Soccer field - Lawn bowling - Gymnastics - Curling rink - Ice rink - Farmers market Centrally-located for travel by vehicle: - Downtown Vancouver - 7 minutes - Oakridge Centre - 5 minutes - VanDusen Garden - 4 minutes • Striking views of Queen Elizabeth Park and Downtown Vancouver
LUXURIOUS INTERIORS COMPELLING AND THOUGHTFUL DESIGN BY PORTICO DESIGN GROUP. • Two modern and refined colour palettes from which to choose • Two convenient, high speed elevators • All homes cooled by air-conditioning • Luxurious five-inch, wide plank engineered hardwood flooring • Over-height ceilings • Custom roller blinds in every home • 24” Blomberg stacking washer/dryer
GOURMET KITCHEN STATEMENT KITCHENS WITH PREMIUM MIELE APPLIANCE PACKAGES. Urban 1-Bedroom and 1-Bedroom Integrated Appliance Package: - 24” Miele gas stove - 24” Miele wall oven - 24” Miele refrigerator - 24” Faber hood fan - Panasonic microwave - Miele dishwasher 2-Bedroom Integrated Appliance Package: - 30” Miele gas stove - 30” Miele wall oven - 30” Miele refrigerator - 30” Faber hood fan - Panasonic microwave - Miele dishwasher Sub-Penthouse & Penthouse Integrated Appliance Package: - 30” Miele gas stove - 30” Miele wall oven - 36” Miele refrigerator - 24” Miele under-counter wine fridge - 30” Miele hood fan - Miele microwave - Miele dishwasher • Elegant quartz countertops and backsplash • Gentle, soft-close doors and drawers • Artfully-placed under-cabinet lighting • Studios feature a stainless steel single bowl undermount sink • 1, 2 & 3 bedroom homes feature a stainless steel double bowl undermount sink • Single lever Hansgrohe faucet • Integrated recycling centre • Magic corner in most units
PRIVATE AMENITIES • Well-appointed fitness studio to help maintain ahealthy lifestyle • Beautifully landscaped rooftop patio with a built-in BBQ kitchen and views to Queen Elizabeth Park and Downtown
ELEGANT BATHROOMS • 12” x 24” porcelain floor tiles, wall tiles, and tub/shower surround • Sleek frameless glass door • Chrome Kohler shower fixtures and faucets • Relaxing deep soaker tub • Spacious vanities with dramatic under-cabinet lighting • Elegant quartz countertop • Water conscious dual flush toilets • Custom ensuite medicine cabinet with LED-lit shelving PEACE OF MIND • Comprehensive warranty protection - 2-year warranty for materials - 5-year warranty for building envelope - 10-year warranty for structural defects
Penthouses 1, 2, 4 & 5 include rooftop patios
Restrictions
Restrictions updated:
January 2011
Construction Information
Year Built
2024
Levels
6
Construction
Concrete
Strata Information
Strata Plan #
Title to Land
Freehold
Units in Development: 57
Units in Strata: 57
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