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Valeo MLS® Listings
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Building Info
Valeo - 4742 Hastings St, Burnaby, BC V0V 0V0, Canada. This condo is comprised of 62 units 5 floors, estimated completion on 2021. Situated perfectly to take advantage of the panoramic views of the North Shore and beyond. At the crossroads of Hastings and Gamma, StreetSide Developments will bring to Burnaby Heights a second 5 storey mixed use project. The development will be a composition of 1 to 3 bedroom homes, vibrant office spaces, as well as resident friendly retail on the main. West Coast style condominiums designed by Rositch Hemphill Architects blend form and function. Luxury interiors are crafted for maximum usability with rooftop lounges. Convenient street level shops and amenities with main entrance courtyard and breezeway.
Closest parks includes Confederation Park Playground, Confederation Skatepark, George Green Park and Capitol Hill Reservoir Park. Nearby restaurants include McDonalds, Sushi Bar Kilala-Japanese standards in quaint, Lulu Kitchen, Socrates-Greek restaurant, The Zeus-Greek restaurant and A&W Canada-Hamburger restaurant.
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
Canadians are spending more money on extravagant homes despite of crisis
“Despite increased government transfers to these households, their exposure to negative employment effects meant they were less likely to purchase a home during the pandemic than other households,” said the CMHC report.
RBC helps Canadian investors explore their investments outside the country
RBC helps Canadian investors plan out their investments. From helping them determine their monthly payments to coming up with a financial plan—as well as putting them in touch with experienced realtors and cross-border legal and tax experts—the bank saw a marked increase last month in interest from Canadians.
Whats the effect of the five year fixed mortgage rates to Canada’s economy?
This is about to change with lenders across the country announcing fixed-rate increases of between 0.1% and 0.2%. Any lender who has not yet announced changes to their fixed rates is expected to do so by the end of this week,” Laird said.
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