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Woodford Place MLS® Listings
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Building Info
Woodford Place - 876 West 16th Avenue, Vancouver, BC V5Z 1S9, strata plan VAS2640 - located in Cambie Village of Vancouver West, near the crossroads West 16th Avenue and Willow Street. Woodford Place is close to Douglas and Heather Parks, Vancouver General Hospital, new Canada Line, tennis courts, transit and City Square shopping. Pilates Centre, West Vancouver Municipality, Canada Safeway, Edith Cavell Elementary, Grimmet Park, Simon Fraser Elementary, St. Patrick Elementary, Starbucks Coffee and Vancouver City Hall are minutes away. The bus stops near the complex, Broadway-City Hall Station and King Edward Station are about 15-minute walk away. This development has an easy access to Downtown Vancouver, Vancouver Airport, Richmond Centre, Langara College and UBC. The restaurants in the neighbourhood are Java Hut, Kai Sushi Bar, Tokiwa Sushi, landmark Hotpot House, Sala Thai and Tropika on Cambie. Woodford Place was built in 1991 with a frame-wood construction and stucco exterior finishing. This three-level building has full rain screen. There are 23 units in development and in strata. Most homes offer a balcony, a gas fireplace, laminate floors, in-suite laundry, a storage locker and underground parking.
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.