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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
Eton - 5687 Gray Avenue, Vancouver, BC V6S 0A5, Canada. Strata plan number BCP26848. Crossroads are Gray Avenue and Binning Road. The project consists of a high rise building, a low rise building along Gray Avenue, and two blocks of townhouses fronting on Michael Smith Park and the greenway. The high rise will house 192 suites predominantly 2-3 bedrooms, with one 1 bed + den unit at the ground level. There will be five penthouse suites. The low rise building is a five storey residential building with 1-3 bedroom units along a central corridor. This concrete building will contain 73 suites. Completing the project are seven townhouse units. These two storey units each have a private roof deck. They front the park or greenway and have a private patio towards the interior of the site. Two levels of underground parking will provide spaces for residents and visitors as well as bike storage. Developed by Polygon. Architecture by Francl Architecture. Maintenance fees includes caretaker, garbage pickup, gardening, gas, heat, hot water, management, recreation facility, sewer, snow removal, and water.
Nearby parks are Michael Smith Park, Khorana Park, Pacific Spirit Regional Park and Nobel Park. Located inside The University of British Columbia neighborhood. Other schools nearby are University Hill Secondary School, Norma Rose Point School, St George's Senior School, St George's Junior School Campus, Queen Elizabeth Annex, Our Lady of Perpetual Help Catholic School, West Point Grey Academy, Regent College, St. John's College and Immaculate Conception School. Grocery stores or supermarkets nearby are Save-On-Foods, Granville Island Produce on University, Safeway and Top 10 Produce.
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.