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1188 Bidwell MLS® Listings
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Building Info
1188 Bidwell - 1188 Bidwell Street, Vancouver, BC V6G 2K6, Canada. Crossroads are Bidwell Street and Davie Street. This development is 22 storeys with 108 rental units. Estimated completion in 2019. 1188 Bidwell is a distinctively modern, classically detailed boutique high-rise. The building design echoes a perceived West End vernacular of sometimes decorative mid-twentieth-century International-Style Modernism that, in the West End, often incorporates geometric patterning of chevron, diamond, rounded or angled forms combined with frequent use of horizontal ribbon windows and upturn balcony edges. Developed by Reliance Properties. Architecture by DIALOG.
Shared amenity spaces include a wide range of features for these pet-friendly residences including large outdoor terrace areas, indoor lounge rooms, a double height lobby, a workroom, a large fitness room, bike repair and car wash facilities along with the required complement of enclosed bicycle parking and bulk storage areas for each suite.
1188 Bidwell is located just steps from the Beach, the vibrant Villages, Downtown office district, and minutes from the neighbourhoods thriving restaurant and culture scene.
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%.
Canadian mortgage payments went from virtually nothing to very high
Canadian mortgage payments went from virtually nothing to the highest level in well over a decade, inflicting pain on mortgage borrowers. However, the value of homes also surged. In fact, from the rate cuts that sent home prices surging in March 2020 to the end of 2023, the growth rate of home prices outpaced the increase in the average mortgage payment on file at Equifax. This was true in most of Canada’s largest cities, especially in Eastern Canada where the average household’s payment significantly lagged home price growth.
Canadian Home Values Climbed Faster Than Mortgage Payments
B.C. housing market showing signs of marginal improvement
B.C.’s housing market saw a slight improvement in March as home sales nudged higher following a 5.9-per-cent decline in February. Sales increased 0.7 per cent to reach 5,866 unit sales. Home prices rose 1.8 per cent. This said, housing momentum has waned in the last few months as buyer sentiment shifted amid interest rate uncertainty.
MLS home sales increased in most of the province’s real estate board areas. The Greater Vancouver area saw home sales increase by 1.4 per cent following a decline in the previous month. In Chilliwack, home sales increased only slightly—by just 0.5 per cent—while the Kootenays reported a 17.2-per-cent increase. Home sales also rose 9.4 per cent on Vancouver Island, and were unchanged in the Fraser Valley. However, the Okanagan-Mainline and South Okanagan areas recorded sales declines of 8.9 per cent and 19 per cent, respectively.
Lethbridge industrial market strengthens as options limited
Western Canada’s industrial markets are at an inflection point as demand normalizes and the pause that hit new construction last year begins to make itself felt.
Conservative market sentiment is now creating the conditions for stronger performance in 2024, Avison Young reports, with cities like Lethbridge poised to see a landlord’s market for industrial space.
Lethbridge reported a 4.1 per cent vacancy rate in the first quarter, up from 4 per cent at the end of 2023. But space under construction is down more than half from last year to 50,000 square feet, creating potential supply constraints.
That change will have significant implications for cottage owners. Many have seen the value of their properties skyrocket in recent years, which could cause them to kick the tires and sell before the higher tax rules kick in.
Rooftop terrace on the 22nd floor which include plenty of outdoor seating, as well as features like parkette, a dining area, and a social lounge space.
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