Local -1661 2nd Avenue East, Vancouver, BC V5N 1E1, BCP44374 - located in Grandview area of Vancouver East, at the crossroads East 2nd Avenue and Commercial. Local is close to Grandview Elementary, Alice Townley Park, Shelley Park, shops, restaurants, cafes on Commercial Drive. Granview Lane Bowling Centre, McSpadden Park, Rio on Broadway, Queen Victoria Annex school, Shoppers Drug Mart, China Greek Skatepark, Vancouver Community College, JJ Market, Centre for Digital Media, Sahalli Park, Victoria Park, Grandview Park and Britannia Community Elementary are close to the complex. The restaurants in the neighbourhood are Libra Room Cafe, Lombardo's Pizzeria and Restaurant, Bouzyous The Greek Taverna, Belgian Fries and Rinconcito. The bus stops at your door. Commercial Skytrain Station is a couple of blocks away. Local was built in 2011 by Streamline Group. This four-level building has frame-wood construction with mixed exterior finishing. There are 22 units in development and in strata. These urban homes designed by Virage Design and Integra Architecture Inc. Located in the most vibrant and fun neighbourhood, this complex is a collection of studio homes, one and two bedroom suites. Some of the most impressive features at the new Local condos are the eco-friendly and sustainable features incorporated into the building exterior and interior. These features include a heat recovery ventilation system with fresh air exchange every two hours in addition to polished concrete floors with radiant in floor heating and cooling system. This building also have roof mounted solar UV thermal collection that provide domestic hot water heating and an Innotech Tilt Turn European windows and door with UVA and B coated finishing which provides added thermal insulation lowering the energy costs. Local features a premium appliances package that includes an AEG stainless steel electric cooktop, oven and Titanium fridge, Blomberg Energy Star rated dishwasher, full size LG washer and dryer. Homes at Local have custom kitchen and bathroom cabinetry that are built to premium environmental standards. All homes have the new home warranty in addition to a five-year plumbing, heating ventilation and building envelope service contract.
2nd & Commercial Technical Info
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||1661 E 2nd Ave
|Listing Price Range
|Units in Development: ||21|
|Units in Strata:||22|
2nd & Commercial Documents
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February 2019 Market Insights
BCREA Housing Market Update (March 2019)
BC home sales fell 27% year-over-year in February. Listings were up 36.5% compared to the same month last year.
REBGV January 2019 Market Insights
January sales were down 39% from same period last year. Listings were at 28% for the month.
BCREA Housing Market Update (January 2019)
BC home sales dropped by 25% compared to January last year. Listings were down across the province.
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BCREA Housing Market Update (February 2018)
Sales across the province are at a decade low. Listing are up 41% from the same period last year
Real Estate Related News Articles(Sun and Province)
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Regulators propose further changes to syndicated mortgage rules
The Canadian Securities Administrators has published a second notice and invited comments on the further proposed changes, which build on those previously announced in March 2018.
The framework governing syndicated mortgages changing #LesTwarog
||Canadian Real Estate Wealth
Housing market hit by the "bitter pill" of stress tests says CREA
Sales are expected to remain weak amid lower access to mortgages caused by rising interest rates and stress tests. However, prices will rise in 2019 following a stabilization in 2018.
Canada’s housing market to remain subdued #LesTwarog
||Canadian Real Estate Wealth
Another American company enters Canadian real estate market
The real estate referral and lead generation management firm has begun operations in Toronto, Vancouver and Calgary to start, but already has plans for further expansion throughout the Great White North, including in Edmonton this week. Dubbed as “dating for real estate agents and clients,” ReferralExchange will commence Canadian operations by matching agents with consumers, but soon intends to launch an agent-to-agent program that has already proven popular in the States.
ReferralExchange a lead generation management firm #LesTwarog
Federal Budget Expected To Include Changes To Improve Housing Affordability
The Trudeau government will take steps in Tuesday's federal budget to make home-buying more affordable with changes affecting supply, demand and regulation, The Canadian Press has learned.
Housing affordability main topic in federal budget #LesTwarog
Hunter is a two-tower residency in an emerging North Shore neighbourhood
The success of any new residential development is heavily dependent on location, and in the case of Hunter at Lynn Creek, the location is unique. Imagine a brand new village of gleaming residential towers rising directly above unspoiled streams and woodland, and you have one reason why so many prospective buyers are focusing on this North Vancouver project.
Upscale homes in Intergulf’s Hunter at Lynn Creek will take their place in a
||The Vancouver Sun