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The City of Lougheed - Neighbourhood One - Tower One MLS® Listings
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Building Info
The City of Lougheed - Neighbourhood One - Tower One - 9850 Austin Road, Burnaby, BC V3J 1B3, Canada. Crossroads are Austin Road and North Road. This development is 55 storeys with 500 condo units starting from $329,900. Developed by Shape Properties. Architecture design by James KM Cheng Architects Inc. and GBL Architects. Interior design by Shape Properties.
Inspired by world class cities, it will be complete with 23+ stunning high-rise towers, diverse neighbourhoods, shopping and restaurants, striking architecture and the most connected SkyTrain hub in Metro Vancouver.
The City of Lougheeds first neighbourhood includes four residential towers which will be home to more than 1,500 residents. An urban grocer, street front shops and cafes with spill-out patios will make the neighbourhood complete. These new shops and restaurants will form one side of the Main Boulevard the future tree-lined main street through The City of Lougheeds heart.
Nearby parks include Cameron Park, Stoney Creek Park and Burquitlam Park.
Located just across Coquitlam College. Other schools nearby are Roy Stibbs Elementary School, Futurekids Daycare Centre, Sunny Gate Montessori School, Lord Baden-Powell Elementary, Our Lady of Fatima School and Mountain View Elementary School. The closest grocery stores are Independent Grocer, Save-On-Foods and Walmart Burnaby Supercentre.
Official Website: thecityoflougheed.com Phone: 604.328.7128 Email: info@thecityoflougheed.com Sales Address: 9850 AUSTIN RD, BURNABY (LOUGHEED SHOPPING CENTRE)
Strata Sub Categories: Strata
The City of Lougheed - Neighbourhood One - Tower One Technical Info
Building Name
The City of Lougheed - Neighbourhood One - Tower One
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.
This is the opportunity to own a home in a master planned community that will revolutionize how people live, socialize, shop and invest in Metro Vancouver. The neighbourhood’s second 47-storey high-rise features globally inspired architecture and 450+ residences, showcasing SHAPE’s signature standard for superior interior design.
The master planning expertise of SHAPE and James K.M. Cheng Architects, combined with the building design of GBL Architects
The exterior character of these premier homes will be modern and timeless, featuring a palette of quality materials and West Coast detailing
Each 1-, 2- and 3-bedroom home has an open-plan design that allows an abundance of natural light to brighten the entire living space
Homes feature large, elongated balconies that wrap around the exterior of the building and provide residents with a true sense of indoor/outdoor living
The landscaped rooftops of all four buildings are staggered in height, creating spiralling green spaces reminiscent of the forested slopes rising up around the site
An attractive arrival experience includes an expansive lobby facing the neighbourhood’s pocket park and water feature
The building’s “twinned” architectural style creates the look of two slim buildings joined together, showcasing an elevated green space high in the air
Residents will enjoy breathtaking views of Simon Fraser University, downtown Vancouver, Burnaby Lake, Mount Baker, the North Shore mountains, the Fraser River and the Vancouver Golf Club
An 18,000 sq. ft. private amenity for residents includes a fitness area, outdoor lounge, guest suites, community gardens and more
Timeless Design And Quality Materials Create The Perfect Canvas For Living
Intelligent floor plans use space efficiently and create rooms that are easy to furnish
Gourmet L-shaped kitchens with large islands offer ample storage and come in three designer colour schemes
Large balconies have room for furniture and outdoor fireplaces, and show off exceptional views
Time-honoured materials give these homes a solid foundation, with style that will last for decades
Homes offer features found in single-family residences, like a side-by-side washer/dryer
In Three Luxurious Colour Schemes, The SHAPE Kitchen Is Attractive & Expertly Planned
The proven L-shaped design is a flexible and spacious kitchen layout with room for multiple chefs
A kitchen island and ample countertops in polished stone create more space for food prep and socializing
Soft-close drawers and cabinet doors ensure a quiet environment
The Bosch refrigerator and dishwasher are concealed behind custom European cabinetry to create a visually seamless look
A gas cooktop provides consistent cooking temperatures, while the wall oven gives the space a clean, high-end feel
Thoughtful details include a storage pantry, recessed lighting and marble herringbone backsplash for timeless style
Features/Amenities from other sources
Elevator
Exercise Centre
Garden
In Suite Laundry
Playground
Recreation Center
Restaurant
Shared Bbq
Amenities info
OUTDOOR LEVEL
Residents can enjoy spectacular sunsets and fresh air on the facility’s rooftop, where community gardens and areas for lounging and open-air yoga await.
Outdoor lounge and dining area
Rooftop community garden plots with gardening amenities
Peaceful trellised seating areas, plus outdoor barbecues for grilling up a feast
Landscaped edges for a park-like feel
Grassy areas that are ideal for relaxing or hosting outdoor events
UPPER LEVEL
Located on the first podium level, the amenity’s second floor is purposefully designed to create communal recreation spaces with views to an interior green courtyard and the nearby shopping boulevard.
State-of-the-art fitness equipment, including stationary bikes and rowing machines
Stretching zones, lockers and a full selection of free weights
Table tennis amenities
Billiards area and lounge
Yoga and Pilates studio
Generous common-area lounge with contemporary furnishings
LOWER LEVEL
The facility is favourably located in the southwest corner of the First Neighbourhood, providing the best light and views of the animated streetscape. Its lower level offers a variety of breakout spaces for individual or group use.
Private event spaces for dining and lounging, with full entertaining kitchens
Dedicated music rooms
Quiet business or study stations
Children’s play area, family lounge and adjacent crafting room
Large multi-purpose room with kitchenette that accommodates up to 30 people
* Bike repair areas and pet wash stations available in each residential tower
Restrictions
Restrictions updated:
January 2011
Construction Information
Year Built
2023
Levels
55
Strata Information
Strata Plan #
Title to Land
Freehold Strata
Units in Development: 500
Units in Strata: 500
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