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Receive more information about Cambie Square
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Cambie Square MLS® Listings
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Building Info
Cambie Square - 460 West 16th Avenue, Vancouver, BC V5Y 1Z2, strata plan VAS449 - located in Cambie Village of Vancouver West, near the crossroads West 16th Avenue and Cambie Street. Cambie Square is close to Douglas Park with its NW Diamond and Community Centre, Heather Park, Pilates Centre, West Vancouver Municipality, Canada Safeway, Edith Cavell Elementary, Grimmet Park, Simon Fraser Elementary, St. Patrick Elementary, Vancouver City Hall, City Square Shopping Centre, Talmud Torah Elementary, Braemar Park, Starbucks Coffee and Vancouver General Hospital. The restaurants in the neighbourhood are Tokiwa Sushi, Best Neighbourhood Restaurant & Pizza House, Henrys Kitchen, Landmark Hotpot House and Sala Thai. The bus stops near the complex, King Edward Station and Broadway-City Hall Station are about 10-minute walk away. Cambie Square was built in 1977 with a frame-wood construction and wood exterior finishing. There are 31 units in development and in strata. This two-level complex features secure underground parking, a storage, a bike room and in-suite laundry.
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.
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