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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
The Laureates - 5638 Birney Avenue, The University of British Columbia, Vancouver, BC V6S, Canada. Strata plan number EPS3930. Crossroads are Wesbrook Mall and Binning Road. The Laureates is 5 stories with 53 units. Developed by Polygon Realty Ltd.. Architecture by Francl Architecture. This collection of two and three bedroom apartment residences showcases contemporary West Coast architecture in a treed parkside setting adjacent to the renowned Pacific Spirit Park. Inside, contemporary interiors feature bright open-plan layouts, marble bathrooms and gourmet kitchens with stone countertops, custom cabinetry and premium integrated appliances. Large private decks invite outdoor entertaining, and many homes offer stunning views of the Strait of Georgia. Nearby parks include Pacific Spirit Regional Park, Jim Taylor Park and Nitobe Memorial Garden. Nearby schools include Queen Mary Elementary School, Mozart School Of Music Vancouver, University Hill Secondary School and Little Raven Daycare. The closest grocery stores are Save-On-Foods, Prime News and Yi Kou Xiang. Nearby coffee shops include BLENZ COFFEE (Wesbrook Village), A & A Dhanoya Corporation and Hot Spot Cafe. Nearby restaurants include Jugo Juice UBC, Togo Sushi Ubc and Chef Hung Taiwanese Beef Noodle. Other building in complex is The Laureates - 5628 Birney AVE.
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
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%.
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.
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