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Receive more information about Altura
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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
Altura - 3855 Pender Street, Burnaby, BC V5C 1W5, BCS929 - located in Willingdon Heights area of Burnaby North, near the crossroads Pender Street and Esmond Avenue. Altura is steps from Heights Fountain Square, Sir John Franklin Community, Burnaby Chiropractor, Heart Centre Yoga, Pharmasafe, Smart Driving School, Glenburn Grocery and Adanac Park. Playland Amusement Park, Hastings Skatepark, Hastings Community Centre, Dr.Ar Lord Elementary school, Hastings Community Elementary and London Drugs are close to the complex. DANUBE, Baci, Greek Taverna, The Pear Tree, Caffe Artigiano are the restaurants in the neighbourhood. This complex is situated on the Vancouver/Burnaby border, quick access to downtown Vancouver and the North Shore is possible. The bus stops are steps from the complex. Altura was built in 2004 by Listraor Group. It has frame-wood construction and full rain screen. There are 40 units in development and in strata. Two pets are allowed. Rentals are permitted. This complex offer one, two and three level townhouses. The units have great floor plans that include such original ideas as vaulted-ceiling living room and dining room. Three-level townhomes have kitchens on the top floor that is opening onto big roof decks. Vaulted master bedrooms of these homes are on the top level and have decks as well. The motif of all homes involves lots of wood and glass, with squares being architects signature. Kitchens are either modest back from the living area or very open-plan. Living and dining areas are bright, with lots of glass. Many master bedrooms have generous window seats. Ensuites have showers, the main bathrooms soaker tubs. Laminate counters and carpeting is standard in these homes, but most owners opt for the upgrade to granite counters and wood laminate floors. The appliances are stainless steel or black. Private patio at the back is ideal for BBQ's and the front patio is perfect for soaking in the sun. The complex adjoins large city greenspace.
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.”
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