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
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|Units in Development: ||21|
|Units in Strata:||22|
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April 2019 Market Insights
BCREA Housing Market Update (May 2019)
BC sales declined 19% in April. Listings are up 34%.
March 2019 Market Insights - Real Estate Board of Greater Vancouver
March sales were down 31% from the same period last year. Listings are up 52% from the same period last year.
BCREA Housing Market Update (April 2019)
March sales fell 23%. Listings were up 36%
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February 2019 Market Insights
Sales in February were down 43% from February last year. Listings are up 48% compared to last year.
Real Estate Related News Articles(Sun and Province)
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Amid taxes, values of Metro Vancouver properties fall substantially
An array of restrictive policies like school and speculation taxes have led to the loss of as much as $90 billion in the overall value of Metro Vancouver properties, according to an analysis by a non-partisan organization.
Restrictive policies led to loss in property values #LesTwarog
||Mortgage Broker News
Variations apply to strata rental bylaws
A strata corporation is permitted to adopt a bylaw that limits the number of rentals in a strata corporation, either by a specific number or percentage.
Condo Smarts: Variations apply to bylaw rentals #LesTwarog
Cedar walk at Lelem 140 apartments and townhomes at 5410 Shortcut Road by Polygon Cedar Walk Homes Ltd
Lelem will comprise 1,250 homes when complete in some 10 years.
Polygon’s Cedar Walk at Lelem launches a new 22-acre community #LesTwarog
April home sales show Canadians have largely adapted to B-20
“Canadian housing activity appears to be broadly stabilizing, as there are signs that the market has largely digested the many policy changes,” Porter wrote in a report, as quoted by The Canadian Press.
BMO says Canadian housing activity stabilizing #LesTwarog
||Canadian Real Estate Wealth
8 Essential Questions to Ask at an Open House
This invaluable checklist will make sure you don’t miss any red flags or opportunities
If you’re in the market for a new home, there are a lot of things that you need to keep track of during your home searching journey. Purchasing a home is an endless checklist of questions that both you and your REALTOR® need the answers for so you can ensure you’ve done all your due diligence and are purchasing the right place for you. To make the process a little easier, here are eight essential questions that you and your agent should ask the listing agent at an open house before you can seriously consider buying.
This invaluable checklist will make sure you don’t miss any red flags or opp