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Capitol Hill MLS® Listings
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Building Info
388 Ellesmere - 388 Ellesmere Avenue, Burnaby, BC V5X 4E2, BCS3992 - located in Capitol Hill area of burnaby North, near the crossroads Ellesmere Avenue and Hastings Street. This complex is just steps away from Dynes Park and George Green Park. Walking distance to Fellburn Care Centre, Kensington Tennis Courts, Baseball Field, Skating Ring, Burnaby North Secondary, Kensington Children's Walk-in Clinic, Alpha Secondary and Dolfin Cinema and Confederation Park. There are a lot of restaurants in the neighbourhood that you can choose from for your dinner. Villa Bella Ristorante, Domenico's, Sushi Town, Subway, Peking, Anducci's and ABC Country are only few to name. Safeway in a short stroll from the complex. The bus stops are within minutes of walk. The skytrain station is a couple of blocks away. The complex has an easy access to Trans-Canada Hwy1. This complex was built in 2010. It has frame-wood construction and full rain screen. It is a 5 unit townhouse complex. There are no restrictions on age, number of pets and rentals in this complex. Most homes offer granite countertops, gas fireplace, laminate floors in the living room, carpet in bedrooms, energy star windows, beautiful tile work and hardi-plank sidings.
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.
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