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The Werks MLS® Listings
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Building Info
The Werks- 555 West 7th Avenue, Vancouver, BC V5Z 4R2, 8 Storeys, 20 Units, built 2013. Developed by Thomas Ivanore, the Werks is a brilliant 8 storey concrete building perfectly positioned in the vibrant Cambie Village neighbourhood of Vancouver, at the corner of Ash and Cambie Street. The project offers 20 customized one, two and three-bedroom apartments ranging from 450 to 1,666 square feet.
Designed by award-winning Matthew Cheng Architect, the Werks showcases striking glass-and-concrete architecture marked by richly landscaped courtyards and inviting decks. The interiors, by Square One Interior Design, have a modernism fashion, with quality hardwood engineered floors, sleek stainless steel appliances, quartz countertops, porcelain tile floors and backsplash, and Spa-like bathrooms. Large balconies invite outdoor entertaining, and concrete parkade and bicycle storage welcome residents of every suite.
Living along the Cambie Street Village corridor, The Werks is situated in the crossroads of the boutique West Side and the eclectic East Side; only half a block from Cambie Street, with stores such as Whole Foods a block to the south, the Canada Line Skytrain station a block to the north; easy access to the Seawall and Granville Islands, and a quick bridge-hop to Downtown. Vancouver General Hospital, Save-on, Canadian Tire, Winners, Home Depot, Best Buy, and London Drugs are so close by. At Werks, your new life truly is on ideal ground.
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.”
YOUR WERKS HOME • An innovative world of sophistication and comfort • Richly landscaped inviting courtyard and decks • Steps to fabulous shops and services
A LIFE OF STYLE • Functional home layouts offer spacious, open floor plans • 2 professionally designed colour schemes • Elegant hardwood engineered fl ooring in entry and living areas and bedroom • Polished chrome entry handles • Snow white (100% UV), 1 inch horizontal blinds throughout • Convenient stacking washer/dryer
INSPIRING KITCHENS • Sleek kitchen cabinets and stunning accent lighting • Quartz countertops with cascading sides • Large format porcelain tile fl ooring and sparkling backsplash • Double bowl stainless steel sink • Chrome faucet with integrated pull-out spray • Convenient under cabinet tasks lighting • Islands and eating bar • Stainless steel appliance package by GE or better including: - Energy Star refrigerator - Integrated dishwasher - Hood fan - Self cleaning range • Soft closing doors and drawers
BEAUTIFUL BATHROOMS • Custom floating vanity with natural quartz countertops • Polished chrome faucets and accessories • Bathtub with porcelain tile surround and contrasting textured accents in main bathroom • Porcelain tile fl ooring with designer accents • Under-cabinet motion light • Floating mirror concepts in all bathrooms with designer wall tiles behind all water closets and sink
ENTERTAINMENT AND TECHNOLOGY POWERED BY SHAW • One year free rental of Shaw HD Digital Recordable Cable Box • One year of free High Speed Internet Services • A Shaw Welcome Home Kit including: - Free installation - One year free Shaw Digital Cablevision - Three months free Shaw Digital Phone Services • Wired with CATV wiring by Shaw (maintained by Shaw at no cost to homeowner) • Next day service calls for any additional services and installations • Top notch technical support 24/7
BUILT TO LAST • Building envelope consists of concrete building • 20 year warranty on concrete rainscreen and flat roof • Rainscreen technology protection system • Energy saving double glazed thermally broken vinyl framed windows and patio doors • Hot water heat • Convenient baseboard heating • Sturdy 2" x 6" exterior wall construction with R20 insulation • Central effi cient domestic hot water and heating
PEACE OF MIND • Brightly illuminated concrete parkade with remote control entry • Convenient parking and bicycle storage for each suite • Sprinkler fi re protection in all homes and common areas • Pre-wired for cable/telephone/networking • Premium home ownership protection warranty by National Home Warranty for 2 years, 5 years and 10 years • Professional management by Crosby Property Management Ltd. • Convenient garbage & recycling areas featuring enhanced recycling • Video surveillance system • Keyless security access to all common areas and gates
Features/Amenities from other sources
Bike Room
Elevator
In Suite Laundry
Storage
Amenities info
Storage
Elevator
Quartz countertop
Stainless steel appliance package
Central hot water and heating
Bicycle storage
Sprinkler fire protection
Insuite washer/dryer
Wired with CATV
Video Surveillance system
Keyless security access
Garbage & Recycling areas
Maintenance Fees Include
Garbage Pickup
Management
Restrictions
PETS ALLOWED
RENTALS ALLOWED
Dogs
Yes
Cats
Yes
Restrictions updated:
September 2011
Construction Information
Year Built
2013
Levels
7
Construction
Concrete
Rain Screen
Full
Roof
Other
Foundation
Concrete Perimeter
Exterior Finish
Mixed
Strata Information
Strata Plan #
VAP590
Title to Land
Freehold Strata
Units in Development: 20
Units in Strata: 20
Parking-Storage Designation Limited Common Property
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