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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 Wesbrook - 5838 Berton Avenue, Vancouver, BC V6S 0A5, Strata Plan BCS3567, 17 levels, 65 units in strata and in the development, completed 2010 - located at the corner of Berton Avenue and Wesbrook Mall in the heart of Wesbrook Place UBC neighborhood. The Wesbrook is the luxury high-rise of south campus neighborhood of UBC, rising 17 storeys and offering unequalled mountain and ocean views and truly livable home designs. Cladding in glowing Mankato limestone & glass, this tower offers the ultimate in quality finishing which is developed and designed by Aspac Development Ltd. and MCM Architects. The Wesbrook consists of 65 condos and townhouses ranging from 1,640 to 2,400 sf.
The interiors are superb with 9" ceilings, air conditioning, Lutron lighting, expansive wraparound patios, Bremworth 100% wool carpeting, Miele appliances, Snaidero cabinets, flawless quartz counters, stone and heated tile floors in the main and ensuite baths. The building will have a fitness room, a billiards room and library as well as a guest suite and community auto, plus a 24/7 concierge.
The Wesbrook is a short walk to Pacifc Spirit Park's 1,900 acres of gorgeous forest, trails and beaches, as well as the new Wesbrook Village Centre including a community centre, Save-On Foods, small neighborhood shops and services such as a hair salon, florist, bank, bakery, cafs and restaurants. Chan Centre for the Performing Arts and the Museum of Anthropology are just a stone throws away from your front doorstep. For children, there is the UBC Child Care, one of the best in BC, while University Hill Elementary and High School are consistently ranked among the top public schools in Canada. The Wesbrook is managed by Colliers International 604-662-2630. 2 Pets Allowed (cats or dogs OK), Rentals Allowed.
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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