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Park Avenue Place MLS® Listings
103 701 W VICTORIA.. 1 Bed, 1 Bath,667 Sqft. $589,000Sotheby's International Realty Canada
103 701 W VICTORIA.. 1 Bed, 1 Bath,667 Sqft. $589,000Sotheby's International Realty Canada (Nearby Listing)
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
Park Avenue Place 701 W Victoria Park Rd, North Vancouver, BC V7M 2M2 Canada VAS752. Park Avenue Place is located on W Victoria Park Road and Chesterfield Avenue in a convenient neighbourhood of North Vancouver. Built in 1980, Park Avenue Place offers 59 homes that are well maintained and professionally managed by Vancouver Condo: 604- 684-6291. Maintenance fees include cable, garbage pickup, gardening, heat, hot water, management. Features of Park Avenue Place include elevators, shared laundry, and storage. Park Avenue Place allows rentals and 1 pet with restrictions.
This is a prime location just minutes away from North Vancouver District Public Library, St. Andrews Park, Safeway, Empire Theatres, and Lionsgate Hospital. There are also many excellent restaurants nearby to chose from including Palki Best Indian Cuisine, Memphis Blues Bbq, Neighbourhood Noodle House, Pasparos Taverna Greek Food, and Red Chilli Szechuan Restaurant. It is also close to Londsale Quay which has many specialty shops and the seabus which is just a short ride over to the heart of downtown Vancouver.
Canadian Millennials are more optimistic purchasing home despite of Pandemic
The 2020 Scotiabank Housing Poll found that around 18% of young Canadians in the 18-34 age range have “accelerated their plans” to buy their next homes or investment properties. However, roughly 32% of them said that they will only make their purchases once property prices drop.
Renters are facing the threat of eviction during Pandemic
Tenants in East Vancouver are being pushed out to make way for a residential project, but the developer is allegedly saddled with hundreds of millions in unpaid loans.
Mayor Kennedy Steward viable plan for affordable homes in Vancouver
The house would look like any other house, except it might have four front doors. Three for families that make around $150,000 a year (like two teachers, or an accountant and a tradesperson). And one door reserved for middle-income earners – forever,” reads the recently launched Making HOME website.
Fed would keep near 0% rates for the foreseeable future
The Fed’s governing body, the Federal Open Market Committee (FOMC) said in a statement that it would keep the target range for the federal funds rate at zero to ¼%, “and expects it will be appropriate to maintain this target range until labor market conditions have reached levels consistent with the Committee’s assessments for maximum employment and inflation has risen to 2 percent and is on track to moderately exceed 2 percent for some time.”
BC Real Estate investment decline to its lowest level since 2015
A total of 84 deals valued at $1.5 billion were completed during the first six months of the year. This was far below the levels seen from 2016 to 2019, which saw first-half investment in office, retail, and industrial assets exceed $2.7 billion in each category.
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