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Altis Living MLS® Listings
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Building Info
Altis Living - 4751 Garden City, Richmond, BC V6X 3M7, 16 levels, 94 units, estimated completion 2014. Strategically positioned in the heart of downtown Richmond at the corner of Garden City and Alderbridge Way and across from Lansdowne SkyTrain Station, Altis Living by Royal Group City Ventures Ltd. is the epitome of an oasis surrounded by a world of urban conveniences. Its 16 contemporary floors features GYM, common room, secure underground parking, and 94 smart homes with Samrt home technology that let you control the blinds, home stereo and many other devices at the touch of your fingertip.
Inside, these air-conditioning one and two bedroom homes range from 571 to 1,400 sq. ft. and feature floor to ceiling windows, quality hardwood flooring, flat-panel cabinetry, stone countertops, ceramic glass tiled backsplashes, high-end stainless steel appliances, in-suite washer/dryer, deep soaker tubs, and rain shower heads. Expansive balconies invite outdoor entertaining, and many suites offer panoramic views of ocean and sparkling city skyline.
Nestled between the Fraser River's idyllic middle arm and Richmond's most prominent shopping districts, Altis Living is adjacent to Garden City Lands, steps to Lansdowne Center and Yaohan Center, blocks away from Richmond Center, Richmond Hospital, Minoru Park, Richmond Nature Park, and Richmond Public Library, and within a short drive to YVR, downtown Vancouver, and golf courses. If you have children attend to schools, Altis Residences are also close to Richmond Secondary School, Brighouse Elementary School, Kawantlen Polytechnic University and Future Trinity Western University.
Federal Budget 2024: What are the proposed capital gains tax changes and how might they affect me?
The capital gains tax inclusion rate – today and tomorrow
Today, only 50% of the capital gain is taxable (this is known as the capital gains tax inclusion rate). This means that $50,000 of the $100,000 earned from the sale of the cottage in our example is added as income for that tax year.
Here’s an example:
Your regular income, earned from your full-time job, is $75,000
You make a $100,000 profit from the sale of your cottage (after you pay real estate fees, closing costs, etc.)
50% of the profit is taxable, which means you add $50,000 to your income during the tax year in which you realized this capital gain
$75,000 + $50,000 = a total income for that tax year of $125,000
The amount of tax you ultimately pay in that year will depend on your tax bracket and its marginal tax rate.
The two low-rise buildings, a high-rise tower planned for 2050-2070 Marine Drive in North Vancouver up for sale
One of the larger ongoing development projects on the North Shore is the subject of foreclosure proceedings as a result of a substantial amount of debt and has now been listed for sale, according to filings in the Supreme Court of British Columbia and a sales brochure.
The development was set for 2050-2070 Marine Drive and 2000 Curling Road in the District of North Vancouver, a few minutes east from the Capilano River and the border with the District of West Vancouver.
The site is formerly home to the Travelodge Hotel by Wyndham Vancouver Lions Gate and a Denny's diner. The Pho Japolo restaurant on the site remains open.
Vancouver considers more gambling at city's two casinos
The B.C. Lottery Corporation wants Vancouver to lift or amend its 13-year-old moratorium on the expansion of gambling in the city.
According to the city’s general manager of arts, culture and community services, Margaret Wittgens, there has been recent interest from the BCLC to expand gambling at the city’s two casinos — Parq and Hastings Racecourse.
“BCLC is seeking to expand gambling opportunities at the Parq and Hastings Racecourse casinos by potentially increasing the number of slot machines and table games,” Wittgens wrote in a report going to council’s committee on policy and strategic priorities on May 8.
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%.
The clock is now ticking on hefty fines for those who don’t fall in line reguarding short-term rentals
The province’s short-term-rental compliance enforcement unit officially swings into action Wednesday, as B.C.’s new rules banning most short-term rentals come into effect.
The new rules passed in the fall — part of a multi-pronged approach to create more homes to rent or buy amid a national housing crisis — are aimed at converting thousands of short-term rentals into long-term rental housing for people who work and live in the province.
Despite pressure from vacation-rental owners, Premier David Eby and Housing Minister Ravi Kahlon have not backed down from the controversial initiative to “rein in profit-driven mini-hotel operators” and return homes to people who need them.
The modern kitchen with stainless steel appliances by the most trusted brands in the industry and simulated stone counter tops;
Engineered Hardwood flooring,
Air conditioning in every room
Expansive floor to ceiling operable windows
Baseboards/door casings
Quaality hardwood flooring
Modern flat-panel cabinetry
High-end stainless steel appliances
Sink with single lever faucet
Wine storage
Breakfast bars/kitchen islands
Double bowled sinks
In-suite washer/dryer
Composite stone counter tops
Low maintenance
Ceramic glass tiled backsplashes
Spacious private balconies
Premium soft carpeting
The bathrooms with premium vanities (double in some cases), framed mirrors, double flush toilets and deep soaker tubs with rain shower heads, and flat paneled cabinets.
Features/Amenities from other sources
Elevator
Exercise Centre
In Suite Laundry
Restrictions
Restrictions updated:
January 2011
Construction Information
Year Built
2014
Levels
16
Construction
Concrete
Rain Screen
Full
Roof
Other
Foundation
Concrete Block
Exterior Finish
Mixed
Strata Information
Strata Plan #
Title to Land
Freehold Strata
Units in Development: 94
Units in Strata: 94
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