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Receive more information about Jericho Lands
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Jericho Lands MLS® Listings
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Building Info
Jericho Lands - 4196 W 4th Ave, Vancouver, BC V6R 4J5, Canada. Located at intersection road West 4th Avenue and Highbury Street in the neighbourhood of Jericho Beach - Vancouver. The Vancouver Westside has traditionally been a low-density residential area, but that will no longer be the case, with the Jericho Lands development introducing high-rise residential towers to create a new high-density node near the western edge of Vancouver.
The project will set aside at least 20 acres for public park, open, and natural spaces - equivalent to 22% of the property for non-development uses. There will also be event-friendly outdoor spaces, including a significant outdoor space with a capacity for at least 2,000 people, and arts and cultural spaces, including specific Indigenous spaces. Other major amenities entail a 50,000 sq ft community centre, a 10,000 sq ft non-traditional library co-developed with the First Nations alongside a traditional public library, a minimum of 259 childcare spaces across up to five on-site childcare facilities, and the possibility for up to 240 after-school care spaces for school-aged children.
There will be space for up to two schools, including space for one 54,000 sq ft elementary school for up to 550 students operated by Vancouver School Board and a potential space for a new replacement home for West Point Grey Academy, which is an independent school for students between Kindergarten and Grade 12 currently found on the west side of the Jericho Lands. The return of the independent school would be subject to a commercial lease with the First Nation. Both schools could have a vertical configuration integrated into the base of mixed-use developments.
Other public benefits include arts and cultural spaces for the First Nations, renewal and expansion of Fire Hall No. 19, and storm and potable water upgrades, including the daylighting of streams across the site. The project has also dedicated the land required for the subway station, which does not include any potential consideration of a cash contribution towards the rapid transit project.
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.
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