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Chelsea Terrace

1040 Pacific Street


Vancouver West, V6E 4C1 VVWWE - West End VW

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Chelsea Terrace MLS® Listings

608 1040 PACIFIC S.. 1 Bed, 1 Bath,508 Sqft.  $479,900 Sutton Group-West Coast Realty
2801 889 PACIFIC S.. 1 Bed, 1 Bath,564 Sqft.  $1,060,900 Rennie & Associates Realty Ltd.
(Nearby Listing)
PH3902 889 PACIFIC.. 4 Bed, 4 Bath,2773 Sqft.  $11,000,000 Rennie & Associates Realty Ltd.
(Nearby Listing)
601 889 PACIFIC ST.. 1 Bed, 1 Bath,564 Sqft.  $885,900 Rennie & Associates Realty Ltd.
(Nearby Listing)

MLS® Listings Summary (1) New Projects under Construction  Area MLS® Listings  Team Listings 
(Open houses highlighted in yellow)

MLS® Address Style BD BA Area Mnt Price F/Plan
1 R2555150 608 1040 Pacific Street Inside Unit 1 1 508 $256 $479,900
Listings Listed By:  1. Sutton Group-West Coast Realty   
Legend: BD - Bedroom, BA - Bathroom, Mnt - Maintenance Fee, $/sqft - Dollars per square foot.
MLS® Listings Summary Print view

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

Chelsea Terrace at 1040 Pacific Street, Vancouver, BC V6Z 2A3, Canada, VAS1047.  9-levels, 112 unit apartment built in 1981.  Chelsea Terrace is located in West End Vancouver, Chelsea Terrace is a solid concrete building with re-piping in 2003, lobby upgrade in 2012, hallways and roof in 2008 & elevator upgrade in 2010. Steps from the Seawall, Sunset Beach, Downtown, Aquatic Center, and Granville Island ferry. Huge investment potential with future re-development of site as a strata Wind Up for this building and for 1080 Pacific (Californian).

Parking #60 is on rental basis at $35/month.  Once the suite is sold, the parking stall goes into a pool for people on wait list (10-approx 2 year wait) Stall rental $35/month, managed and paid to Associa added to Maintenance fee parking 2nd level 50% of stalls, renaming stalls on P1 level access from lane. 3 secure visitor parking #27-#29 NOTE - let strata know which stall you are visiting, max 2 days otherwise they will tow. 2 Cats are allowed, no dogs. Great onsite manager. Facilities 2nd floor Shared Laundry 6 washers, 8 Dryers each owner has a special loadable proximity card wher they can upload money to the card on line, Bicycle Room also on 2nd floor, go thru parking lot to the end and you will see the bike room. Gym and Rec room next to laundry room on 2nd level. Raquetball 3rd floor - grey door unmarked difficult to find for new person, Jacuzzi and Sauna 4th floor. 35% of units can be rented, Associa (Lucian the property manager) manages the rentals and restrictions, according to Nick, there are 5-7 people on wait list, no Airbnb 

Close to Anchor Point Montessori School, Lions Gate Montessori School, Pattison High School, Lord Roberts School Annex, Little Beach YMCA Daycare Centre, BMO Bank of Montreal, TD Canada Trust, RBC Rowyal Bank, Nelson Park, May & Lorne Brown Park. Sunset Beach Park. Crossroads are Pacific Street and Burrard Street. Maintenance fees include caretaker, grbage pickup, gardening, hot water, management and recreation facility.

Strata Sub Categories: Strata Condos
 

Chelsea Terrace Technical Info

Building Name Chelsea Terrace
Address 1040 Pacific Street
City Vancouver West
Neighborhood West End VW
Listing Price Range N/A
Floors 9
Units in Development: 112
Units in Strata:112
Property Types Freehold Strata
Sub Categories:Strata Condos
Year Built 1981
Strata Website www.associaonline.com/locations/associa-british-columbia
Management Associa British Columbia
  604-591-6060
Mgt. Co. Contact:  abc.service@associa.ca
  604-591-6060
On Site Manager Nick Dotsev
dotsev@hotmail.com
Restrictions Details
Strata Plan VAS1047
Strata Plan Log-in VAS1047
Title to Land Freehold Strata
Emporis Chelsea Terrace
  

Chelsea Terrace Building & Common Area Photos

Chelsea 1040 Pacific Street
Chelsea 1040 Pacific Street
Chelsea 1040 Pacific Street
Chelsea 1040 Pacific Street
Chelsea 1040 Pacific Street
Chelsea 1040 Pacific Street
Chelsea 1040 Pacific Street
Chelsea 1040 Pacific Street
Chelsea 1040 Pacific Street Stairs Down To Entrance
Chelsea 1040 Pacific Street Ramp Down To Entrance
Chelsea 1040 Pacific Street Entrance
Chelsea 1040 Pacific Street Entrance
More Pictures

Chelsea Terrace, 1040 Pacific Street - Suite Summary View All 

# Suite Address Postal S/L PID Plan No S/F BA BD
1 201 1040 Pacific St N/A N/A N/A N/A 703 sq.ft. N/A 2 Bedroom + Balcony
2 202 1040 Pacific St N/A N/A N/A N/A 703 sq.ft. N/A 2 Bedroom + Balcony
3 203 1040 Pacific St N/A N/A N/A N/A 703 sq.ft. N/A 2 Bedroom + Balcony
4 204 1040 Pacific St N/A N/A N/A N/A 502 sq.ft. N/A 1 Bedroom + Balcony
5 301 1040 Pacific St N/A N/A N/A N/A 502 sq.ft. N/A 1 Bedroom + Balcony
6 302 1040 Pacific St N/A N/A N/A N/A 502 sq.ft. N/A 1 Bedroom + Balcony
7 303 1040 Pacific St N/A N/A N/A N/A 502 sq.ft. N/A 1 Bedroom + Balcony
8 304 1040 Pacific St N/A N/A N/A N/A 536 sq.ft. N/A 1 Bedroom + Balcony
9 305 1040 Pacific St N/A N/A N/A N/A 600 sq.ft. N/A 1 Bedroom + Balcony
10 306 1040 Pacific St N/A N/A N/A N/A 502 sq.ft. N/A 1 Bedroom + Balcony
Floor Plan Creator 

Typical Floor Plan (Click image to go to BCFP)

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Typical Floor Plan (Click image to go to BCFP)

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Complex Site Map 3(Click image to enlarge)

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Complex Site Map 4(Click image to enlarge)

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Chelsea Terrace Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A The Pacific - 801 Pacific STREET - EPP72597
  2. B Pomaria - 1455 HOWE AVE - BCS2495
  3. C Portofino - 1383 HOWE STREET - LMS1554
  4. D Portofino II - 1381 HOWE STREET - LMS1554
  5. E Pacific Promenade - 888 PACIFIC STREET - LMS1378
  6. F The Pacific by Grosvenor - 889 Pacific ST - EPP72597
  7. G Vancouver House - 1480 Howe STREET - EPP40230
  8. H 1335 Howe - 1335 Howe STREET - EPP59620
  9. I Pacific Promenade - The Terraces - 1488 HORNBY STREET - LMS1378
  10. J Hornby Court - 1330 HORNBY STREET - VAS1681
  11. K 888 Beach - 888 BEACH AVE - LMS712
  12. L Coral Court - 907 BEACH AVE - LMS981
  13. M Salt - 1308 HORNBY STREET - EPS1991
  14. N Anchor Point - 1333 HORNBY STREET - VAS1184
  15. O 888 Beach - 1500 HORNBY STREET - LMS712
  16. P The Discovery - 1500 HOWE STREET - VAS2383
  17. Q Rolston - 1325 ROLSTON STREET - EPS1755
  18. R The Rolston - 1300 GRANVILLE STREET - BCP44361
  19. S Century Tower - 789 DRAKE STREET - VAS2692
  20. T Aqua At The Park - 550 PACIFIC STREET - BCS1570
  21. U Meridian - 910 BEACH AVE - LMS2721
  22. V 888 Beach - 1501 HOWE STREET - LMS712
  23. W Tate Downtown - 1283 Howe STREET - EPP30416
  24. X 601 Beach - 601 Beach CRESCENT -
  25. Y Anchor Point - 1330 BURRARD STREET - VAS1182
  26. Z Anchor Point - 950 DRAKE STREET - VAS1183
View All Buildings in Vancouver West

https://youtu.be/mBCOFPcXG4o?t=33

January 2021 Market Insight

For all property types, the sales-to-active listings ratio for January 2021 is 28.8 per cent. By property type, the ratio is 26.3 per cent for detached homes, 37.6 per cent for townhomes, and 27.8 per cent for apartments.

December 2020 Market Insights

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 30,944 in 2020, a 22.1 percent increase from the 25,351 sales recorded in 2019, and a 25.7 percent increase from the 24,619 homes sold in 2018.

November 2020 Market Insights

REBGV 23% increase on Listing in MLS from last year. For November 2020 over 4068 newly listed. Continuing demand for Detached Home and Townhouse with the benchmark price of $1,044,000

October 2020 Market Insights

October 2020 showing a robust Sales-to-Active Listing Ratio with a high mark of 30% means that Market conditions prices typically stable based on the given the baseline of 12-20%. Based on this given data the continued demand for Townhomes, Detached Homes

Real Estate Related News Articles(Sun and Province) Search News  

Mandarin 
# Article Publish Date Source
1 Raised $10 million funding to use laser scans and AI to identify errors prior construction process

Building Information Modeling (BIM), essentially a high-tech version of traditional blueprints, with laser scans to flag any discrepancies.


Platform that uses AI to flag construction mistakes raises $10 million #LesTwarog
2021/04/01 Livabl
2 Housing bubble might be coming due to pandemic-driven shift in buyer preferences

Aside from an aging population, a decelerating trend in the number of new households will lead to a markedly cooler market over the long term.


How likely is a Canada housing crash? #LesTwarog
2021/04/01 Mortgage Broker News
3 Canadians are stretching and “worrying” sign of too much debt to buy into the nation’s hot housing market

 “Canadians are stretching and that is worrying.” Macklem said. 


Bank of Canada issues warning #LesTwarog
2021/04/01 Mortgage Broker News
4 Real estate market is extremely hot starting the Q1 2021

“The market is quite unbelievable right now, and what I find truly interesting is that it’s not just the Greater Toronto and Greater Vancouver markets – it’s pretty much across the entire country,” he said.


VERICO president gives his verdict on what will happen to the housing market #
2021/04/01 Mortgage Broker News
5 Bank of Canada Governor “Worrying”sign in Canada’s hot housing market to increase level of debt

“The housing market is one part of the economy,” he said. “As a society, we have never been so sensitive to the risk of higher interest rates…. Every small increase in the interest rate can have a significant impact on the housing market and therefore, (Macklem) would like to see the market slow down before we have to raise interest rates.”


Mounting debt 'worrying' as Canadians stretch to chase rising home prices, say
2021/03/31 other
More News

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