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Basalt

5058 Cambie St


Vancouver West, V5Z 2Z5 VVWSC - South Cambie

Official Website: basaltliving.com Marketers Website: mlacanada.com
  • Levels: 6
  • Suites: 51
  • Status: Under Construction
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Bldg#: 14607

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Basalt MLS® Listings

302 5058 CAMBIE ST.. 2 Bed, 2 Bath,1007 Sqft.  $1,399,900 Pacific Evergreen Realty Ltd.
204 5058 CAMBIE ST.. 2 Bed, 2 Bath,1047 Sqft.  $1,349,900 Oakwyn Realty Ltd.
504 5058 CAMBIE ST.. 3 Bed, 2 Bath,1223 Sqft.  $1,989,000 Macdonald Realty
210 5058 CAMBIE ST.. 2 Bed, 2 Bath,895 Sqft.  $1,288,000 Sutton Group-West Coast Realty
309 5058 CAMBIE ST.. 1 Bed, 1 Bath,579 Sqft.  $799,800 Royal Pacific Realty Corp.
111 5058 CAMBIE ST.. 2 Bed, 3 Bath,1492 Sqft.  $1,680,000 LeHomes Realty
601 5058 CAMBIE ST.. 3 Bed, 2 Bath,1954 Sqft.  $2,448,000 Sutton Group-West Coast Realty

MLS® Listings Summary (7) New Projects under Construction  Area MLS® Listings  Team Listings 
(Open houses highlighted in yellow)

MLS® Address Style BD BA Area Mnt Price F/Plan
1 R2465377 302 5058 Cambie Street Inside Unit 2 2 1,007 N/A $1,399,900 N/A
2 R2470506 204 5058 Cambie Street Corner Unit, 2 2 1,047 $383 $1,349,900 N/A
3 R2442533 504 5058 Cambie Street 1 Storey,cor 3 2 1,223 $578 $1,989,000 N/A
4 R2451699 210 5058 Cambie Street Corner Unit, 2 2 895 $427 $1,288,000 N/A
5 R2450380 309 5058 Cambie Street Corner Unit 1 1 579 $211 $799,800 N/A
6 R2437860 111 5058 Cambie Street 3 Storey 2 3 1,492 $555 $1,680,000 N/A
7 R2452098 601 5058 Cambie Street Corner Unit, 3 2 1,954 $635 $2,448,000 N/A
Listings Listed By:  1. Pacific Evergreen Realty Ltd.    2. Oakwyn Realty Ltd.    3. Macdonald Realty    4. Sutton Group-West Coast Realty    5. Royal Pacific Realty Corp.    6. LeHomes Realty    7. Sutton Group-West Coast Realty   
Legend: BD - Bedroom, BA - Bathroom, Mnt - Maintenance Fee, $/sqft - Dollars per square foot.
MLS® Listings Summary Print view

MLS® Disclaimer for BC: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Building Info

Basalt - 5058 Cambie Street, Vancouve, BC V5Z 2Z5, Canada. Crossroads are Camvie Street and West 35th Avenue. An esteemed collection of 51 contemporary residences completes the fourth chapter in the continuing story of Pennyfarthing's Cambie Collection, and a legacy of landmark residential communities on Vancouver's West Side. Basalt makes a strong visual impact with its refined modernist design and admired location beside Queen Elizabeth Park. These one to three bedroom homes merge style with functionality, featuring bright interiors, and elegant finishes. Developed by Pennyfarthing Development Group. Architecture by Shift Architecture. Interior design by Portico Design Group.

Walking distance to Queen Elizabeth Park. Other parks nearby are Oak Meadows Park and VanDusen Botanical Garden. schools nearby are Eric Hamber Secondary School, Vancouver College, King David High School, Silbury School, Eaton Cognitive Improvement Centre, Ukrainian School-Taras Shevchenko, Montessori Children's Community, and John Oliver Secondary School. Grocery stores and supermarkets nearby are Safeway Oakridge, Oakridge Fish Market, Kin's Farm Market, and Safeway King Edward. Close to Bloedel Conservatory, Hillcrest Aquatic Centre, Nat Bailey Stadium, Vancouver Public Library, Terry Salman Branch, BC Children's Hospital, and Livingstone Lake.

Sales Centre: mlacanada.com
Official Website: basaltliving.com
Phone: 604.558.1907
Email: info@BasaltLiving.com
Strata Sub Categories: Strata
 

Basalt Technical Info

Building Name Basalt
Address 5058 Cambie St
City Vancouver West
Neighborhood South Cambie
Listing Price Range N/A
Floors 6
Units in Development: 51
Units in Strata:51
Property Types Freehold Strata
Sub Categories:Strata
Year Built 0000
Developer Pennyfarthing Development Corp
Architect Name Shift Architecture
Architect Phone 604-988-7501
Architect Email info@shiftarchitecture.ca
Designer Portico Design Group
Official Website basaltliving.com/
Restrictions Details
Title to Land Freehold Strata
  

Basalt Building & Common Area Photos

5058 Cambie St, Vancouver, BC V5Z 2Z5, Canada Exterior
5058 Cambie St, Vancouver, BC V5Z 2Z5, Canada Exterior
5058 Cambie St, Vancouver, BC V5Z 2Z5, Canada Exterior
5058 Cambie St, Vancouver, BC V5Z 2Z5, Canada Rooftop

Complex Site Map (Click image to enlarge)

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Featured Properties

704 QUADLING AVENUE 7 Bed, 8 Bath,6667 Sqft.  $3,500,000 RE/MAX Crest Realty
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278 ALLISON STREET 3 Bed, 1 Bath,1248 Sqft.  $2,600,000 RE/MAX Crest Realty
704 DELESTRE AVENUE 5 Bed, 2 Bath,2503 Sqft.  $3,035,000 RE/MAX Crest Realty
954A QUADLING AVENUE 3 Bed, 3 Bath,2204 Sqft.  $1,180,000.00 RE/MAX Crest Realty
116 3588 CROWLEY D.. 0 Bed, 1 Bath,425 Sqft.  $350,000.00 RE/MAX Crest Realty
2408 1199 SEYMOUR .. 1 Bed, 1 Bath,630 Sqft.  $670,000.00 RE/MAX Crest Realty
2603 1155 HOMER ST.. 2 Bed, 2 Bath,1106 Sqft.  $1,388,000.00 RE/MAX Crest Realty

Other Buildings in Complex/Area

  1. A Hawthorne - 4988 Cambie ALLEY -
  2. B Livingstone House - 5115 CAMBIE STREET - EPS3179
  3. C Contessa - 5189 Cambie ALLEY -
  4. D Contessa - 5289 Cambie ALLEY -
  5. E Elizabeth - 4867 Cambie STREET - EPP22091
  6. F Henry - 0 West 37th AVENUE -
  7. G Cambie Gardens - 650 West 57th AVE - PL20607
View All Buildings in Vancouver West

June 2020 Market Insights | REBGV

May 2020 Market Insights

Sales for May are up 34% from April and down 44% for May last year. Listings are down 37% from the same period last year, but 59% increase over April listings

BCREA Housing Market Update (June 2020)

Province May sales were down 45% compared to May 2019. Listings are down 10% year-over-year.

Market Insights April 2020

April Sales in COVID-19 time were down 40% from same period last year. Listings were also down by 60% from the same period last year.

BCREA Housing Market Update (May 2020)

Sales across BC fell 50% in April. Listing are down by 43%

Real Estate Related News Articles(Sun and Province) Search News  

Mandarin 
# Article Publish Date Source
1 Reverse mortgage as an exit strategy is a good idea?

Pimento suggests brokers offer using a reverse mortgage when building an exit strategy out of a high-interest alternative mortgage. Offering a lower interest, long-term strategy will not only benefit the homeowner, but adds an additional commission stream for the broker. Clients can use funds from a reverse mortgage to pay exit penalties from an alternative mortgage, and free themselves from a high-interest loan.


Using a reverse mortgage as an exit strategy #LesTwarog
2020/07/13 Mortgage Broker News
2 Conference Board of Canada foreseeable outlook for Canadian Real Estate economy

The Board’s Canadian Outlook Summary: Summer 2020, in contrast to projections made by institutions like the Canadian Mortgage and Housing Corporation, predicts less dramatic declines in housing prices, but its remaining insights track closely with projections that see the damage done to Canada’s economy at the hands of COVID-19 lingering well into 2021.


Conference Board releases mid-term outlook for Canadian real estate, economy #
2020/07/11 Mortgage Broker News
3 CRA’s eyeing tax audit for Canadian property transaction in the US

A Canadian taxpayer who is reassessed through this audit can face substantial tax penalties on top of interest, not to mention the professional and legal fees required to respond and object to the audit. There is also a possibility of prosecution for tax fraud or tax evasion. This article will break down the typical issues that could come up in a tax audit of undeclared real estate property or unreported real estate transactions.


CRA’s tax audit of U.S. real estate transactions #LesTwarog
2020/07/10 REM
4 REW, B.C’s real estate leading platform expanding their established listing adding rental properties.

In addition to listings, REW.ca says renters will have access to videos, virtual tours, market insights, and detailed descriptions of the rental properties, including their location, nearby schools, and amenities.

When asked about REW’s strategy, Bray added that, “our goal is to help Canadians find their next home, no matter what that looks like. Whether it’s buying a brand-new development, browsing a listing down the street, or finding a great rental apartment, REW is focused on delivering a complete real estate experience for everyone.”


REW.ca shakes up the real estate market by adding rental properties to B.C.
2020/07/08 other
5 Prices steady as resale home sales increase Metro Vancouver's June housing sales up month-over-month and 17 per cent above June 2019 with prices higher than a year ago

The total number of homes currently listed for sale on the MLS system in Metro Vancouver is 11,424. That's 23.7 per cent down from the 14,968 homes that were listed for sale in June 2019, but up 15.1% per cent from the 9,927 listed properties in May 2020.

 

For all property types, the sales-to-active listings ratio for June 2020 was 21.4 per cent. By property type, the ratio is 19.9 per cent for detached homes, 25.2 per cent for townhomes, and 21.3 per cent for apartments. Real estate insiders tend to describe the market as a “buyers’ market” when the sales-to-active-listings ratio is less than 12 per cent, and a “sellers’ market” when that ratio is above about 20 per cent for several months in a row.

 

Sales of detached homes in June reached 866, up 16.1 per cent from the 746 detached sales recorded in June 2019. The benchmark price for a detached home was $1,464,200, up 3.6 per cent from June 2019, and up 0.5 per cent from May 2020.


Prices steady as resale home in Metro Vancouver housing sales on June-Q2, incr
2020/07/08 Western Investor
More News