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OAK+52 MLS® Listings
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Building Info
Oak + 52 - 6778 Oak St, Vancouver, BC V6P 3Z2, Canada. OAK+52 Townhomes is a new townhouse development by Coromandel Properties. Located at Oak & West 52nd in the neighbourhood of Oakridge. Consist of a family-oriented townhome community comprised of 23 three-bedroom homes, the surrounding property is lushly landscaped and features a historic American Elm tree that has been preserved. Each home has a private garden, access to community space and direct entry to the underground parkade. They are in a desirable Westside location with proximity to schools, parks and public transit, as well as major transportation corridors.
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.
EXTERIOR - Architecture by Yamamoto Architecture Inc. featuring white brick veneer exterior wall, and matte black window mullions - Double-glazed, matte black, vinyl framed, low-E, energy-efficient window systems - Manicured landscaped private patio with gas and hose bibs, 2’ x 2’ desert sand colour Hydrapressed concrete pavers - Defined patio entry with 4” x 24” rectangular concrete pavers, personal hand-crafted high gloss black terrazzo planter with Hosta “August Moon”, and a distinctive yellow entry door - Convenient under-soffit electrical outlet for seasonal lights
INTERIOR - Contemporary colour palette by Ross & Company Interiors - 9’ ceilings in Living Room (City and Courtyard Homes) - 10’ ceilings in Living Room (Garden Homes) - Air conditioning throughout - European oak, chevron pattern, hardwoodflooring in Entry, Kitchen, Dining and Living Room - European oak, engineered hardwood flooring on Second and Upper Levels - Recessed, incandescent pot lights throughout Kitchen, Dining and Hallways - Built in USB charging outlet in Kitchen - BlombergTM Energy StarTM stacked front- loading washer and dryer - Hunter Douglas Modern Precious Metals® white 1’’ aluminum blinds - In-suite private storage on Lower Level - Low VOC painted walls with non-toxic paints, sealants and adhesives - Screwless Wall Plates throughout the home
ENTRY - Custom built-in, light oak veneered entry bench with slipper storage underneath - Double entry closet with separated chrome rod for hanging and built in vacuum holder and charging outlet
KITCHEN - Flat-panel, light oak wood veneer cabinetry with soft-close mechanisms, concealed pulls and warm white under-cabinet lighting - Full height built-in pantry with adjustable shelves - Matte grey quartz backsplash with integrated USB charging outlet - Matte grey quartz 3cm square edge countertop - Kitchen island with overhead matte black horizontal LED pendant lighting (City and Courtyard Homes only) - Custom built-in dining bench with storage underneath (Garden Homes) - Integrated Miele™ appliance collection: · Miele™ 30” Mastercool II refrigerator with bottom-mount freezer and internal icemaker · Miele™ 24” 4-burner stainless steel gas cooktop · Miele™ 24” Contourline Combi-Steam Oven · Miele™ 30” built-in cabinet 483 CFM hood fan · Miele™ 24” Energy Star™ dishwasher · KOHLER™ stainless steel, single bowl undermount sink with pull down matte black faucet · Under sink sliding recycling bins
BATHROOM Powder Room - Light oak wood veneer cabinetry with softclose drawers - Polished arctic white quartz backsplash and countertops - Matte black porcelain 12” x 24” tile flooring - Contemporary, easy-care vinyl wall covering with a distinct organic design or similar - KOHLER™ white undermount square sink with KOHLER™ matte black faucet - KOHLER™ dual-flush wall mounted Toilet Ensuite - Light oak wood veneer cabinetry with softclose mechanisms on drawers and doors - Mirrored, built-in double medicine cabinets - Under-cabinet lighting with motion sensor - Polished arctic white quartz backsplash and countertops - KOHLER™ white undermount square double sinks with KOHLER™ matte black faucets - KOHLER™ matte black shower controls + shower head - 1” white porcelain hexagon tile shower flooring - 36” x 36” matte white porcelain tile with charcoal veining flooring - Full height 36” x 36” matte white porcelain tile with charcoal veining shower walls - KOHLER™ DuraStyle Elongated toilet - NUHEAT™ in-floor heating Bath 1 - Light oak wood veneer cabinetry with soft-close mechanisms on drawers and doors - 3cm polished arctic white quartz backsplash and countertops - KOHLER™ white undermount square sink with KOHLER™ matte black faucet - KOHLER™ matte black shower controls + shower head - 1” white porcelain hexagon tile shower flooring - Matte grey porcelain 24” x 24” tile flooring - Full height matte white porcelain 24” x 24” tile shower walls - KOHLER™ DuraStyle Elongated toilet Bath + Bath 2 - Light oak wood veneer cabinetry with softclose mechanisms on drawers and doors - Built-in medicine cabinet behind mirrors - Polished arctic white quartz backsplash and countertops - KOHLER™ white undermount square sink with KOHLER™ matte black faucet - Matte black porcelain 12” x 24” tile flooring - Full height matte white porcelain 12” x 24” tile tub-shower walls - KOHLER™ deep soaker bathtub with KOHLER™ matte black faucet - KOHLER™ DuraStyle Elongated toilet
Restrictions
Restrictions updated:
January 2011
Construction Information
Levels
3
Construction
Frame - Wood
Strata Information
Strata Plan #
Units in Development: 23
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