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Thank you for visiting
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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
2550 Garden Drive - 2550 Garden Drive, Vancouver, BC V5N 4X6, Canada. Crossroads are Garden Drive and East 10th Avenue. Strata plan number EPP87280. A collection of 69 homes available in 1, 2 and 3 bedroom floorplans. Scheduled for completion in 2022. Development by Bucci. Architecture by Rositch Hemphill Architects.
Garden is conveniently close to the indie shops, eateries and iconic energy of Commercial Drive, but just far enough away that the neighbourhood feels like home. On Garden Drive, we remember the city as it was. Neighbours who know each other. Kids who play together. Friends who stop for a chat at the lake. Where lifes perfect moments happen in their completely imperfect ways. Thats what it means to be home.
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.
A bold but neutral colour palette sets the stage for a vibrant daily life on Garden Drive
Timeless details and interior design by award-winning McKinley Studios
Peace of Mind
Brand new and move-in ready Backed by the Bucci name—over 3 generations of experience building homes in Western Canada
In-house, award-winning customer service
Comprehensive 2-5-10 new home warranty protection:
- 2 year for materials - 5 year for building envelope - 10 year for structural defects
Thoughtful Details
Custom storage solutions provide opportunities for you to fill your home with personal meaning at every turn Smart-built features including front entry niche with integrated hook, light and soft-close cabinet for extra storage
Light filtering, built-in roller shades in living areas and blackout roller shades in bedroom for control of natural light
Spacious primary bedrooms with USB power outlets for added convenience
Modern laundry stations with built-in storage/task area, drying rack 12mm cork underlay and luxurious white oak, wide-plank engineered wood flooring in living areas
- 30” Fulgor Milano Refrigerator - Fulgor Milano 30” Wall Oven - Fulgor Milano 5 Burner 30” Gas Cooktop - AEG 30” Telescopic Range Hood or Over the Range Hood Fan Microwave - Fulgor Milano Dishwasher - Marvel 24” Beverage Fridge
Custom walnut cabinetry with under-cabinet lighting
Quartz countertops with full-height backsplash
Stainless-steel under-mount sink with sleek single lever, champagne bronze faucet
Refined Bathrooms
Modern under-mount sinks with sleek, single lever champagne bronze faucet
Handmade ceramic tiles on vanity walls accompanied by textured porcelain tile flooring
Soft-close, dual-flush toilet by Toto
Quartz countertop with eased edge
Diffused cove lighting in ceiling
Social Amenities
Indoor lounge featuring a kitchenette & dining area
Outdoor courtyard with garden plots, seating area, and children’s play area
Outdoor terrace on 5th floor for gatherings under the sun & stars
Features/Amenities from other sources
Elevator
In Suite Laundry
Restrictions
Restrictions updated:
January 2011
Construction Information
Year Built
2022
Levels
6
Construction
Frame - Wood
Strata Information
Strata Plan #
EPP87280
Title to Land
Freehold Strata
Units in Development: 69
Units in Strata: 69
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