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Building & Condo information

Opal

438 King Edward Avenue
Vancouver West, V5Y 2J4 VVWMP - Mount Pleasant VW

Official Website: elementlifestyleretirement.com/news-updates Developers Website: elementlifestyleretirement.com
  • Levels: 6
  • Suites: 130
  • Status: Under Construction
  • Built: 2019
  • Title To Land: Freehold Strata
  • Building Type: Strata Assisted Living / Retirement Homes
  • Management company:  Confidential
  • Bldg#: 13211

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Building Info

Element Lifestyle Retirement - 438 West King Edward Avenue, Vancouver BC.

OPAL by element - located on King Edward Avenue between Cambie and Yukon Stree, next to the King Edward Canada Line station, within a couple of blocks are Hillcrest Community Centre and Queen Elizabeth Park. Estimated completion in Summer 2018.

There will be 43 condominiums and 56 rentals as Independent Living, all registered for Assisted Living so that residents can stay in their same suite as long as possible. Within the same residence are 30 units of Licenced Complex and Memory Care, one of which will be double occupancy. Element's founder and key executives are well respected and established leaders in this industry, known particularly for pioneering and perfecting the Continuum-of-Lifestyles model.

A total of over 30,000 square feet of amenities, both indoor and outdoor, offers programs that accommodate individual interests and passions. Taking an approach of engagement, OPAL by element very much welcomes and encourages residents to give input to shape programming of activities within our spaces - in advance of residence opening, but also to continue on an ongoing basis.

A natural wellness providing an oxygenated infrared sauna, hydrotherapy tub, experiential rainshower, and Himalayan rock salt walls creating negative ion environment within the sauna and movement studio. The movement studio will have a dynamic program including yoga, dance, TaiChi and QiGong. The rooftop patio, with views of downtown and QE Park, will be an area for outdoor exercise classes. It will have many planters for residents to grow herbs and vegetables that will supply our kitchen. To complement the gourmet fine dining program there will also be a wine and scotch tasting bar and a piano lounge. The art room will facilitate professional art classes, and the theater will accommodate avid resident musicians and dancers.

Due to the demographics of the neighborhood, the aim is to have Chinese-speaking staff. To complement widely popular Western activities and cuisine, there will also be sound-proofed Mahjong rooms and authentic Asian cuisine.

NOTE: Pricing on Assisted Living is for monthly rental, including accommodations, housekeeping and 2 meals a day. Additional personal or care support is charged either a-la-carte or by package, as resident prefers. Condominium owners pay property taxes and strata fees as for any condominium; the $1500 monthly membership fee is for access to amenities, programmed activities and meal credit. Care pricing will be established closer to opening for occupancy in Summer 2018. All fees are preliminary and subject to adjustment up until 6 months prior to opening.

Age restriction: 55+

Official Website: elementlifestyleretirement.com/news-updates
Phone: 604-676-1418
Email: consulting@elementlifestyleretirement.com
Sales Address: 1147 Homer Street Vancouver BC V6B2Y1
Strata Sub Categories: Strata Assisted Living / Retirement Homes

Opal Technical Info

Building Name Opal
Address 438 King Edward Avenue
City Vancouver West
Neighborhood Mount Pleasant VW
Listing Price Range N/A
Floors 6
Units in Development: 44
Units in Strata:130
Property Types Freehold Strata
Sub Categories:Strata Assisted Living / Retirement Homes
Year Built 2019
Developer Element Lifestyle Retirement
Official Website elementlifestylere
ManagementConfidential
Restrictions Details
Title to Land Freehold Strata

Opal MLS® Listings And/Or Area MLS® Listings

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Opal Building & Common Area Photos

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Exterior
OPAL Facilities Sample Suite
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OPAL Lobby
OPAL Facilities Sample Suite
OPAL Facilities
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Other Buildings in Complex/Area

  1. A Bennington House - 4080 Yukon STREET - EPS3101
  2. B Edward By Mosaic - 388 WEST KING EDWARD AVENUE -
  3. C Marquise - 469 West King Edward AVE - EPP73508
  4. D The Grayson - 4188 Cambie STREET - EPP59286
  5. E Cambie Star - 4099 CAMBIE STREET - BCP37294
  6. F Cambie + King - 548 West King Edward AVENUE -
  7. G Parc 26 - 4139 Cambie STREET - EPP51540
  8. H The Regent at King Edward - 523 West King Edward AVENUE -
  9. I King Edward Green - 593 West King Edward AVE - EPS3559
  10. J Monarch at QE Park - 508 West 28th AVE -
  11. K Grace Estate - 4245 ASH STREET - VAS1680
  12. L Grace Estate - 4215 ASH STREET - VAS1680
  13. M Grace Estate - 4285 ASH STREET - VAS1680
  14. N Grace Estate - 619 West 27th AVE - VAS1680
  15. O Grace Estate - 665 West 27th AVE - VAS1680
  16. P Grace Estate - 659 West 27th AVE - VAS1680
  17. Q Grace Estate - 655 West W 27th AVE - VAS1680
  18. R Grace Estate - 649 West W 27th AVE - VAS1680
  19. S Grace Estate - 645 West W 27th AVE - VAS1680
  20. T Grace Estate - 639 West W 27th AVE - VAS1680
  21. U Grace Estate - 635 West W 27th AVE - VAS1680
  22. V Grace Estate - 629 West W 27th AVE - VAS1680
  23. W Grace Estate - 625 West W 27th AVE - VAS1680
  24. X Grace Estate - 685 West 27th AVE - VAS1680
  25. Y Grace Estate - 679 West 27th AVE - VAS1680
  26. Z Grace Estate - 675 West 27th AVE - VAS1680
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June 2018 Housing Market Update

May 2019 Market Insights

May sales were up 44% over April, but 22% below 10 year average. Listings are the highest in May since 2014

BCREA Housing Market Update (June 2019)

BC home sales declined 7% year-over-year. Listings across BC up 21%

April 2019 Market Insights

Sales for April were up 6% from March. Lestings were the highest since 2014.

BCREA Housing Market Update (May 2019)

BC sales declined 19% in April. Listings are up 34%.
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