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Building Info
Aston - 5470 - 5490 Oak Street, Vancouver, BC V6M 2V6, Canada. Crossroads are Oak Street and West 38th Avenue. A highly-anticipated enclave of 12 boutique 3-bedroom townhomes in Vancouvers prestigious Oakridge neighbourhood. Aston is West Coast living at its best, combining iconic contemporary design with premium construction and materials to create a bold exterior. Aston is the latest addition to the Oak Street Luxury Collection, a series of private, impeccably designed communities. Developed by Listraor Homes. Architecture by Raymond Letkeman Architecture.
Nearby parks include Oak Meadows Park, Montgomery Park and Devonshire Park. Nearby schools are Vancouver College, Sir William Osler Elementary School, King David High School, Eric Hamber Secondary School, Point Grey Secondary, Maple Grove Elementary, Langara College and B. Jamieson Elementary School. Nearby grocery stores/supermarkets are Safeway, Kerrisdale Supermarket, Dollar Max, Westwood Organic Produce and Margee Grocery. Walking distance to Louis Brier Home and Hospital. Short drive to Oakridge Centre.
Canadian Millennials are more optimistic purchasing home despite of Pandemic
The 2020 Scotiabank Housing Poll found that around 18% of young Canadians in the 18-34 age range have “accelerated their plans” to buy their next homes or investment properties. However, roughly 32% of them said that they will only make their purchases once property prices drop.
Renters are facing the threat of eviction during Pandemic
Tenants in East Vancouver are being pushed out to make way for a residential project, but the developer is allegedly saddled with hundreds of millions in unpaid loans.
Mayor Kennedy Steward viable plan for affordable homes in Vancouver
The house would look like any other house, except it might have four front doors. Three for families that make around $150,000 a year (like two teachers, or an accountant and a tradesperson). And one door reserved for middle-income earners – forever,” reads the recently launched Making HOME website.
Fed would keep near 0% rates for the foreseeable future
The Fed’s governing body, the Federal Open Market Committee (FOMC) said in a statement that it would keep the target range for the federal funds rate at zero to ¼%, “and expects it will be appropriate to maintain this target range until labor market conditions have reached levels consistent with the Committee’s assessments for maximum employment and inflation has risen to 2 percent and is on track to moderately exceed 2 percent for some time.”
BC Real Estate investment decline to its lowest level since 2015
A total of 84 deals valued at $1.5 billion were completed during the first six months of the year. This was far below the levels seen from 2016 to 2019, which saw first-half investment in office, retail, and industrial assets exceed $2.7 billion in each category.
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