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Receive more information about Arnage
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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
Arnage - 7051 Ash Street, Richmond, BC V6Y 2R9, Strata Plan No. BCS4121, 3 levels, 40 town homes, built 2011 - located at the corner of Ash Street and Granville Avenue in McLennan North community of Richmond. Built by an award winning developer, Am-Pri Construction Ltd., this 40-unit townhouse development incorporated the surrounding rock as a theme to its design with an elegant entry and landscaping in a "West Coast" style setting. All townhomes are designed to give maximum privacy to every unit.
Arnage featured 3 bedroom two-storey town homes ranging from 1300 sq. ft. to 1500 sq. ft. Homes features open concept floor plans, 9' ceilings, extensive crown moulding, quality hardwood floors, luxury carpets in bedrooms, large windows, granite countertops and tile floors in kitchens and bathrooms, stainless steel appliances, large central islands in select floor plans, fenced backyards and spacious balconies for outdoor entertaining.
Adjacent to the Henry Anderson Elementary and A. R. Macneil Secondary school, Arnage is just 10 minutes walk away from the Brighouse SkyTrain station in addition to being close to all the shopping at Lansdowne, Richmond Center, Aberdeen and Yaohan Centre. There is also excellent access to Garden City Lands, Richmond Nature Park, Cambie Community Center, Kwantlen University and local transit, and commuting to Vancouver will take only minutes.
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.
High-tech sensors in workplaces, postal-code analysis among tools for real estate strategies.
Driven by persistent return-to-in-person challenges, local companies are leveraging office space data to optimize the physical spaces they occupy.
Employee commute times and office space utilization data are informing companies’ strategies for encouraging in-person work and optimizing office layouts to meet long-term goals, according to those who spoke toBIV.
“As companies are revisiting or choosing to revisit their office space, they’re looking at a year to two years of real good data of who’s coming in, how often, what are they doing and what’s the purpose of the office for those people,” said Alain Rivère, vice-president of the high technologies group at CBRE.
Detached home starts decline as condo, townhome starts boom in 2023
The West Coast housing market saw a significant boost in construction activity last year, according to a new report by the Chartered Professional Accountants of British Columbia (CPABC).
The annualBC Check-Up: Investreport found that construction began on 35,553 housing units in southwest B.C. during the year, a 20.9 per cent jump compared with 2022. This marks the highest number of housing starts ever recorded in the region.
“Our members living in the Lower Mainland have consistently reported that housing prices are the biggest challenge facing B.C. businesses,” said Lori Mathison, president and CEO of CPABC, said in an April 18 statement.
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