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Kitsilano Block MLS® Listings
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Building Info
Kitsilano Block - 2803 W 4th Ave, Vancouver, BC V6K 1R2, Canada. It consists of 67 condominiums on three floors above a large London Drugs store, built over three levels of underground parking for 168 vehicles. Designed by respected MCMP Architects, the sleek architecture was inspired by the boutique hotels of Malibu and Santa Monica. Large windows, oversized sundecks, and extensive rooftop patios accentuate the breathtaking views of Burrard Inlet. Bright interiors have been designed with flexibility in mind, including integrated dining areas and moveable walls. Development by Hathstauwk Holdings Ltd.
The development is nestled at the corner of Macdonald and 4th Avenue, its just a short walk from world-class shopping, dining, and amenities. Steps from the greatest outdoor lifestyle on the West Coast, and just a short walk from the finest boutiques in Vancouver, and Ray Bourbonnais.
The RE/MAX® brand delivers notable advantages – for agents with a RE/MAX brokerage
As the 2024 RE/MAX vs. The Industry report shows, RE/MAX agents are the most productive, meaning they close more transaction sides than other real estate agents, on average. In fact, RE/MAX agents closed an average of 11.8 transaction sides throughout 2023, nearly double that of the competition
But productivity isn’t the only place RE/MAX shines. The annual report, which ranks the results of national, full-service brokerage brands in the U.S., also highlights that the balloon-backed brand dominated in unaided brand awareness at 36.4%.
Canadian mortgage payments went from virtually nothing to very high
Canadian mortgage payments went from virtually nothing to the highest level in well over a decade, inflicting pain on mortgage borrowers. However, the value of homes also surged. In fact, from the rate cuts that sent home prices surging in March 2020 to the end of 2023, the growth rate of home prices outpaced the increase in the average mortgage payment on file at Equifax. This was true in most of Canada’s largest cities, especially in Eastern Canada where the average household’s payment significantly lagged home price growth.
Canadian Home Values Climbed Faster Than Mortgage Payments
B.C. housing market showing signs of marginal improvement
B.C.’s housing market saw a slight improvement in March as home sales nudged higher following a 5.9-per-cent decline in February. Sales increased 0.7 per cent to reach 5,866 unit sales. Home prices rose 1.8 per cent. This said, housing momentum has waned in the last few months as buyer sentiment shifted amid interest rate uncertainty.
MLS home sales increased in most of the province’s real estate board areas. The Greater Vancouver area saw home sales increase by 1.4 per cent following a decline in the previous month. In Chilliwack, home sales increased only slightly—by just 0.5 per cent—while the Kootenays reported a 17.2-per-cent increase. Home sales also rose 9.4 per cent on Vancouver Island, and were unchanged in the Fraser Valley. However, the Okanagan-Mainline and South Okanagan areas recorded sales declines of 8.9 per cent and 19 per cent, respectively.
Lethbridge industrial market strengthens as options limited
Western Canada’s industrial markets are at an inflection point as demand normalizes and the pause that hit new construction last year begins to make itself felt.
Conservative market sentiment is now creating the conditions for stronger performance in 2024, Avison Young reports, with cities like Lethbridge poised to see a landlord’s market for industrial space.
Lethbridge reported a 4.1 per cent vacancy rate in the first quarter, up from 4 per cent at the end of 2023. But space under construction is down more than half from last year to 50,000 square feet, creating potential supply constraints.
That change will have significant implications for cottage owners. Many have seen the value of their properties skyrocket in recent years, which could cause them to kick the tires and sell before the higher tax rules kick in.
Two timeless colour palettes to choose from: Stone or Sand
Hardwood-styled laminate flooring throughout
Air conditioning in all homes
Blomberg front-load washer & dryer
Generous rooftop patios in all penthouse homes
Functional features such as moveable walls, integrated storage, and flex areas in select homes
Kitchens by CHIL Interior Design
Stylish European-inspired cabinetry
European appliance package:
-30″ Miele fully-integrated refrigerator with sleek stainless steel interior (24″ in select homes) -30″ Miele gas cooktop with stainless steel finishes (24″ in select homes) -30″ Miele convection Wall oven with self clean (24″ in select homes) -30″ Miele hood fan with LED lighting (24″ in select homes) -24″ Miele fully-integrated dishwasher
Built-in microwave
Sleek stainless steel undermount sink with pulldown kitchen faucet
Quartz countertops and backsplash for effortless style and durability
Kitchen islands in select homes feature built-in quartz dining area
Integrated LED lighting
Kitsilano Block Bathrooms
Stunning European-inspired cabinetry
Sleek Kohler undermount sink and Kohler chrome faucet in vanity
Luxurious and modern tub
Large format polished porcelain tiles on walls
Large format matte porcelain floor tiles
Frameless glass enclosure on all showers
Floating underlit vanities for night time comfort
Built-in modern medicine cabinets with open shelving detail
Restrictions
Restrictions updated:
January 2011
Construction Information
Year Built
2025
Levels
4
Construction
Frame - Wood
Strata Information
Strata Plan #
Title to Land
Freehold Strata
Units in Development: 59
Units in Strata: 59
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