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Receive more information about Elm Park Place
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Thank you for visiting
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Elm Park Place MLS® Listings
"Sorry there are no listings. Please click here to view Kerrisdale listings"
Building Info
Elm Park Place - 5700 Larch, Vancouver, V6M 4E2 (at 41st) Plan LMS3103. Prestigious "Elm Park Place" with only 34 units, built in 1998. Next to Elm Park, close to Point Grey Secondary School, Magee Secondary School and Vancouver Mandarin School. There are two shopping malls in the area; Oakridge Centre and Arbutus Shopping Centre. Groceries stores close by are M&M Foof Market, Loblaws and IGA.
Elm Park Place is in the Kerrisdale neighbourhood, close to Arbutus Ridge, S.W. Marine Drive and Mackenzie heights. Crossroads are West 41st Avenue and Larch Street
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
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.
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.”
Strata Additional Info
1. A resolution to not allow any rentals. There are two rentals now and they will be allowed to continue but will not be grandfathered. If the suite is sold the rental will not be allowed to continue and if an owner moves back into the suite the rental allowance will cease
2 special levy passed April 6, 2011 for calking maint program - $1200 for 3000 sf suite
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