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INNOVA MLS® Listings
317 402 E 3RD STREET 2 Bed, 2 Bath,784 Sqft. $1,085,000Sutton Group-West Coast Realty
217 402 E 3RD STREET 3 Bed, 3 Bath,1455 Sqft. $1,779,000Sutton Group-West Coast Realty
217 402 E 3RD STREET 3 Bed, 3 Bath,1455 Sqft. $1,779,000Sutton Group-West Coast Realty (Nearby Listing)
317 402 E 3RD STREET 2 Bed, 2 Bath,784 Sqft. $1,085,000Sutton Group-West Coast Realty (Nearby Listing)
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
INNOVA - 402 East 3rd Street, North Vancouver, BC V7L 1G2, Canada. Situated at intersection of East 3rd Street and St. Davids Avenue. INNOVA is a new condo and townhouse development by Cascadia Green Development, consisting 168 beautiful units. Schduled for completion in 2023. Its a one-of-a-kind community made up of thoughtfully designed residences ranging from studios and 1, 2, and 3-bedroom homes to unique home-office units with separate lock-off spaces, to two-storey townhomes. Within walking distance of the areas top restaurants, shopping, multiple parks, the harbour, mountains, and other outdoor destinations.
The development comprised of three contemporary buildings each with panoramic harbour, city and mountainviews, urban charm and unmatched street appeal. The superior concrete and wood frame construction is sturdy and durable and ensures soundproofing and total privacy.
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.
One of the most rewarding aspects of life at Innova is how easily it adapts to your lifestyle. Looking for an exclusive space with every creature comfort - Innova’s townhouses always impress. Always on the move or prefer to spend every moment out in the city - Innova has smart, chic options ranging from studio suites to 3-bedrooms. Whatever you want from life, Innova makes it yours.
• Residence square footage ranging from 436 square feet to 1228 square feet • Optional flex space layouts available • High-end Laminate flooring throughout living areas • Carpeted bedrooms • Quartz countertops • Modern flat-panel cabinetry in kitchens and baths • Exhibit kitchens featuring Fisher Paykel Energy Star appliance suite including: • Cooktop and wall oven, Refrigerator, Dishwasher, Microwave • Laundry with heat-pump dryers in unit • Designer recessed and LED pendant lighting • Contemporary baths with frameless glass shower enclosures • Built-in hydroponic gardens in select units
Amenities
This is city living at its most enjoyable - tailor made to the way you actually live. Entertain with elegant flair. Relax in private spaces. Enjoy the best views in the city from multiple places throughout the property. Celebrate the great outdoors and the great indoors. Home has never felt so right.
• Statement architecture breezeway entrance • Chic lobby with urban ambience and designer furnishings • Rooftop terrace with dramatic views in all directions • Outdoor kitchen, grill, and lounge space • Community garden with raised beds • Children’s Play Area • Dog walk area • Resident party room • Fireplace lounge space • Full dining area • Media room for screenings, games, and more • Bike wash and secure storage area • Dog spa room • Private residents’ storage units • Resident mail-room with secure package delivery system • UV air purification in elevators • Attended lobby • Staffed front desk • Security
Restrictions
Restrictions updated:
January 2011
Construction Information
Year Built
2023
Levels
6
Construction
Concrete
Strata Information
Strata Plan #
Units in Development: 168
Units in Strata: 168
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