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Receive more information about Vinecrest Manor Ltd
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Vinecrest Manor Ltd MLS® Listings
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Building Info
Vinecrest Manor - 5475 Vine Street, Vancouver, BC V6M 4M3, Canada. Strata Plan VAS3767 - Located on Vine Street and West 39th Avenue in the desirable Kerrisdale subarea of Vancouver West, close to Kerrisdale Arena, Library and Kerrisdale Community Centre, minutes to UBC. The notable landmarks around Vinecrest Manor are Kerrisdale Park, Elm Park, Ravine Park, VanDusen Botanical Garden and McCleery Golf Course. Direct access to West Boulevard and other major routs allows for an easy commute to surrounding destinations including Downtown, Richmond and Burnaby.
Vinecrest Manor is close to Point Grey Secondary and Quilchena Elementary Schools, Bumblebee Pre-School Society and Ivy Montessori School. Some excellent restaurants in the area include White Spot Restaurant, Orange Corner Crepe House, Shota Sushi, Avenue World Restaurant and many others.
Vinecrest Manor is a four level complex built in 1958. It consists of 24 units featuring spacious floor plan, large balcony, elevator, parking, storage and lovely gardens. This concrete building is exceptionally well run and cared for by a pro-active council with a live-in caretaker for extra security. Maintenance fees include caretaker, heat, hot water, management and taxes. Don't miss your opportunity to own this amazing home.
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
Covid-19 pandemic cause increase demand for housing
“In the absence of a marked uptick in inventory, the current relationship between demand and supply supports continued double-digit average home price growth this year,” the real estate board’s chief market analyst, Jason Mercer, commented in the report.
The province has already introduced and extended a rent freeze during the COVID-19 pandemic, and it says in a news release Monday that new legislative changes will keep it in place through Dec. 31.
The pros and cons of purchasing the upgraded condo building compare to the newly build one
“Capacity is also a problem—most managers struggle to keep up with their day-to-day activities, so targeting reductions doesn’t happen much because they’re trying to keep their heads above water.”
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