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Building & Condo information

518 Grove

518 Grove Ave


Burnaby North, V5B 4G3 VBNSD - Sperling-Duthie

  • Levels: 3
  • Suites: 6
  • Status: Completed
  • Built: 2007
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Strata Plan: BCS2263
  • Management company:  Self Managed
  • Bldg#: 11434

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518 Grove MLS® Listings

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Building Info

518 Grove Avenue, Burnaby V5G 1B8, BCP9751 - Conveniently located in Burnaby North between Hastings Street and Kensington Avenue. Safeway is located within walking distance on Hastings Street, just around the corner. Close to coffee shops, banks, medical centres, shops and services. There are several fine restaurants in the area including Socrates Greek, Anducci's, Hot Oven Pizza and Pasta and Hong Sushi. Burnaby North Secondary is a short stroll away and various other schools can be reached by bus. Public transit provides an easy commute to neighbouring city centers and Downtown Vancouver. Highway 1 provides quick access to North Vancouver, Whistler, and Canada Provinces.

518 Grove Avenue - built in 2007, this complex consists of only 4 contemporary designed homes featuring spacious living areas and bedrooms, 9ft. ceilings, gourmet kitchens, patios, sundecks, private gardens. Maintenance fees include garbage pickup, gardening, management and snow removal.

518 Grove Avenue - family-oriented complex steps away from nearby services and amenities 

Strata Sub Categories: Strata
 

518 Grove Technical Info

Building Name 518 Grove
Address 518 Grove Ave
City Burnaby North
Neighborhood Sperling-Duthie
Listing Price Range N/A
Floors 3
Units in Development: 0
Units in Strata:6
Property Types Freehold Strata
Sub Categories:Strata
Year Built 2007
ManagementSelf Managed
Restrictions Details
Strata Plan BCS2263
Title to Land Freehold Strata
  

518 Grove Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A 500 Grove Ave - 500 GROVE AVE - BCS2263
  2. B Sperling Heights - 528 SPERLING AVE - BCP18500
  3. C Cassia - 6965 HASTINGS STREET - BCS4277
  4. D Kensington Gardens - 5770 HASTINGS STREET -
  5. E Kensington Gardens - 5820 HASTINGS STREET -
  6. F Kensington Gardens - 5922 HASTINGS STREET -
View All Buildings in Burnaby North

January 2021 Market Insight

December 2020 Market Insights

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  

Mandarin 
# Article Publish Date Source
1 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%.


RBC reveals Q1 financial results #LesTwarog
2021/02/24 Mortgage Broker News
2 BMO has reported as a higher trading revenue in 2021

This was just one-third of what analysts previously estimated.


BMO reports strong fiscal Q1 #LesTwarog
2021/02/23 Mortgage Broker News
3 Less supply high demand in 18 Canadian Cities

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. 


18 Canadian Cities With Below Average Home Prices And Sample Listings #LesTwarog
2021/02/23 The Vancouver Sun
4 Canada export terminal located at Kitimat salvaged B.C construction pace in 2020

Investment into both residential and private non-residential projects also cooled, and despite recent price gains, housing starts steeply declined. 


Major projects salvaged B.C. construction in 2020 #LesTwarog
2021/02/22 Western Investor
5 2021 industrial real state vacancy rate below 1 percent for the first time - CBRE

Demand for industrial space appears driven by distribution space needed by large retailers and the e-commerce sector.


Metro Vancouver industrial vacancy rate flirting with zero #LesTwarog
2021/02/19 Western Investor
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