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Building & Condo information

Avalon 2

8570 Rivergrass Drive


Vancouver East, V5S 4T3 VVECH - Champlain Heights

Official Website: riverdistrict.ca/live-here/avalon-2 Developers Website: www.wesgroup.ca
  • Levels: 16
  • Suites: 230
  • Status: Under Construction
  • Built: 2020
  • Title To Land: Freehold Strata
  • Building Type: Strata Condos
  • Strata Plan: EPP53803
  • Management company:  Self Managed
  • Bldg#: 13458

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Avalon 2 MLS® Listings

1604 8570 RIVERGRA.. 4 Bed, 3 Bath,1673 Sqft.  $1,629,000 Sutton Group-West Coast Realty
707 8570 RIVERGRAS.. 1 Bed, 1 Bath,507 Sqft.  $529,000 Oakwyn Realty Ltd.
402 8570 RIVERGRAS.. 3 Bed, 2 Bath,1055 Sqft.  $969,000 Macdonald Realty
1204 3581 E KENT A.. 2 Bed, 2 Bath,775 Sqft.  $698,000 RE/MAX City Realty
(Nearby Listing)

MLS® Listings Summary (3) New Projects under Construction  Area MLS® Listings  Our Listings 
(Open houses highlighted in yellow)

MLS® Address Style BD BA Area Mnt Price F/Plan
1 R2511767 1604 8570 Rivergrass Driv Penthouse,up 4 3 1,673 $907 $1,629,000 N/A
2 R2509133 707 8570 Rivergrass Drive 1 Storey 1 1 507 $273 $529,000 N/A
3 R2453852 402 8570 Rivergrass Drive 1 Storey,cor 3 2 1,055 $569 $969,000 N/A
Listings Listed By:  1. Sutton Group-West Coast Realty    2. Oakwyn Realty Ltd.    3. Macdonald Realty   
Legend: BD - Bedroom, BA - Bathroom, Mnt - Maintenance Fee, $/sqft - Dollars per square foot.
MLS® Listings Summary Print view

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

Avalon 2- 8570 Rivergrass Drive, Vancouver, BC V5S 4T3, Canada. Crossroads are Sawmill Crescent and East Kent Avenue North. The second collection of homes at Avalon Park feature one, two, and three bedroom homes and two level City Homes, in two, 16-storey concrete towers with total of 230 units. Avalon 2 features contemporary architecture inspired by the area's industrial heritage. Avalon 2 amenities include the three-storey SkyLounge and SkyBar, with kitchen and dining space, and patio-level Garden Lounge, with a kids play area, family seating and more. Developed by Wesgroup. Architecture by Yamamoto Architecture. Interior design by Erin Kenwood Interior Design Inc..

Situated next to a park, with close access to two sports fields, a riverfront walking and cycling path and 25 acres of public green space throughout the neighbourhood. Steps from everyday urban essentials at Town Centre, including Save-On-Foods, Starbucks, TD Bank and other shops and eateries. Nearby River District Centre hosts a farmers market, yoga, movie nights, Urban Rec beach volleyball tournaments and more. The neighbourhood is planned for maximum mobility for pedestrians and cyclists, with a network of interconnected streets, sidewalks and walking paths.

Official Website: riverdistrict.ca/live-here/avalon-2
Phone: 604-879-8830
Sales Address: 8700 KINROSS ST, VANCOUVER, B.C. V5S 4Y1 (South of Marine Way)
Strata Sub Categories: Strata Condos
 

Avalon 2 Technical Info

Building Name Avalon 2
Address 8570 Rivergrass Drive
City Vancouver East
Neighborhood Champlain Heights
Listing Price Range N/A
Floors 16
Units in Development: 230
Units in Strata:230
Property Types Freehold Strata
Sub Categories:Strata Condos
Year Built 2020
Developer Wesgroup
Architect Name Yamamoto Architectur
Architect Phone 604-731-1127
Architect Email info@yamamotoarchitecture.com
Designer Erin Kenwood Interior Design Inc.
Official Website riverdistrict.ca/l
ManagementSelf Managed
Restrictions Details
Strata Plan EPP53803
Title to Land Freehold Strata
  

Avalon 2 Building & Common Area Photos

8570 Rivergrass Dr, Vancouver, BC V5S 4T3, Canada Exterior
8570 Rivergrass Dr, Vancouver, BC V5S 4T3, Canada Dining Area
8570 Rivergrass Dr, Vancouver, BC V5S 4T3, Canada Kitchen
8570 Rivergrass Dr, Vancouver, BC V5S 4T3, Canada Living area
8570 Rivergrass Dr, Vancouver, BC V5S 4T3, Canada Bathroom
8570 Rivergrass Dr, Vancouver, BC V5S 4T3, Canada Courtyard
8570 Rivergrass Dr, Vancouver, BC V5S 4T3, Canada Sky Lounge
8570 Rivergrass Dr, Vancouver, BC V5S 4T3, Canada Lounge

Complex Site Map (Click image to enlarge)

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Complex Site Map (Click image to enlarge)

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Complex Site Map (Click image to enlarge)

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Avalon 2 Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A River District - 3555 SAWMILL CRESCENT - EPP31354
  2. B Sierra - 3590 RAINIER PLACE - LMS1964
  3. C Sierra - 3572 RAINIER PLACE - LMS1964
  4. D The Sierra - 3580 RAINIER AVE - LMS1964
  5. E Sierra - 3588 WHITNEY PLACE - LMS1964
  6. F Sierra - 3586 RAINIER PLACE - LMS1964
  7. G Sierra - 3578 WHITNEY PLACE - LMS1964
  8. H 3572 Southeast Marine Drive - 3572 SOUTHEAST MARINE DRIVE - LMS1964
  9. I Sierra - 3576 SOUTHEAST MARINE DRIVE - LMS1964
  10. J The Sierra - 3582 SOUTHEAST MARINE DRIVE - LMS1964
  11. K Avalon Park - 3699 Marine WAY -
  12. L Sierra - 3586 SOUTHEAST MARINE DRIVE - LMS1964
View All Buildings in Vancouver East

September 2020 Market Insights

August 2020 Market insights

Home sales in August were up 37% over August 2019. Listings weere 55% over August 2019

uly 2018 Housing Market Update

July sales are down 30% from July 2019.

June 2020 Market Insights | REBGV

Sales for June were up 65% from last month. Listings in June were up 57% from last month.

BCREA Housing Market Update (July 2020)

Sales in BC for June are up 17% from last year. Listings in June are still below average.

Real Estate Related News Articles(Sun and Province) Search News  

Mandarin 
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Federal government releases more details of five-year housing initiative #LesTwarog
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3 Condo investor lost much of their down payments during Covid-19 pandemic - analysis

After taking insurance into account, and assuming a 5% down payment, this translates to an average of 78% of a condo buyer’s down payment lost. As a disclaimer,Better Dwellingsaid that this calculation did not include any possible payments over the period due to the widespread loss of income nationwide.

Using the same calculation, Toronto was found to be especially worse off. Average condo price decline from April was at 1.86%, translating to a negative 111.2% return in equity. Even including payments over the period only leads to around 0.827% equity.


Condo buyers lost much of their down payments during the pandemic – analysis
2020/10/27 Mortgage Broker News
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The tax shift is measured by a commercial-to-residential ratio that compares the commercial tax rate to the residential tax rate. For example, if the ratio is 2.50, a commercial property valued at $1 million dollars would incur property taxes 2.5 times higher than an equally-valued residential property.


Vancouver, Calgary chop commercial property taxes #LesTwarog
2020/10/26 Western Investor
5 Highlight on 2021 with regards emerging trends in Canadian real estate

 “The coming year will be all about embracing opportunities to be resilient in the face of uncertainty, while shifting strategies in anticipation of market headwinds,” says Frank Magliocco, PwC Canada’s national real estate leader. “For the first time in a few years, we’re hearing divergent views from industry players about issues like the future of office spaces and the urbanization and suburbanization trends.”


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