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Conservatory MLS® Listings
223 618 W 45TH AVE.. 3 Bed, 3 Bath,1467 Sqft. $1,333,000LeHomes Realty Premier
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 Conservatory at 638 West 45th Avenue, Vancouver, BC, V5Z 4G2, strata plan LMS3998. The Conservatory consists of 2 buildings, 618 W. 45th with 50 units and 638 W. 45th with 42 units, giving a total of 92 units in the strata. The maintenance fee includes the caretaker, garbage pickup, gardening, hotwater, recreational facility, snow removal and management. The Conservatory is located across the street from the Oakridge Mall and bordering on Tisdall Park. Close to Montgomery Park, Vandusen Botanical Garden and Queen Elizabeth Park. Oakridge Mall has banks, restaurants, pharmacies, shopping and more. Forget Me Not Montessori School is next door to The conservatory and Dr. Annie B Jamieson Elementary School, Solomon Academy, King David High School, Langara College and Ecole Rose-des Vents are only a short walk away.
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.”