Archive for February, 2009
Community Statistics for Vancouver’s Downtown
February 28th, 2009 Categories: Downtown, Heritage
The last census was in 2006 and it found that the population of Vancouver’s Downtown was 43,000, up 55% from 5 years ago. The information in this post is published on City of Vancouver’s website Community Webpages
Vancouver’s Downtown consists of 375 hectares and the largest age group is 20-39, followed by 40-64. 56% of them speak English as their mother tongue. In Vancouver 49% of the residents speak English as their mother tongue. A whopping 73% of them moved since the last census. Median household income is $44,000.
Read the all the stats here.
False Creek North is located on the former EXPO 86 site, on the north shore of False Creek, development of this 83-hectare (204-acre) site will include 8,500 residential units housing for more than 14,000 people, 2.6 million square feet of commercial space, social housing, parks, schools, community facilities, and a waterfront walkway and bicycle route.
Yaletown Once the city’s warehouse district, Yaletown is today a revitalized part of the city and a “trendy” place to live, work, and do business. The area north of Pacific Boulevard, between Nelson and Drake Streets, is home to a mix of art galleries, retail stores, restaurants, office and residential developments. Read the rest of this entry »
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Featuring Flagship at Coopers Landing, Downtown Vancouver
February 27th, 2009 Categories: Downtown
Coopers Landing is Vancouver’s newest waterfront neighbourhood, east of Cambie Street Bridge and on the north side of False Creek. Flagship is this neighbourhood’s premier building. View my Coopers Park website
Address: 8 Smithe Mews, Vancouver, BC , V6B OA5
Developer – Concord Pacific. Completion February 2009
The Building is 28 storeys and consists of 115 suites.
The Architect Architect – Hudson Baaker Boniface Haden & IBI/HB. Interior Design- Ledingham Design
The Floorplans the ‘06′ faces north and is 1055 sq.ft. l bedroom & den. The ‘05′is a 1232 sq.ft. 2 bedrooms facing n.w. The ‘03′ is 2 bedroom 1238 sq.ft. facing west. The ‘02′ is 1418 sq.ft. 2 bedroom facing s.w. and the ‘01′ is 1315 sq.ft. 3 bedrooms facing s.e.
Finishings – ”high end” finishings including Miele, Viking & Sub Zero appliance package, marble or quartz countertops, engineered hardwood floors, luxurious 5 piece ensuite with unique “slump glass”, one piece countertop ensuite storage Read the rest of this entry »
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Vancouver Real Estate Best Buy in Kitsilano
February 26th, 2009 Categories: Kitsilano, New Developments
2020 w. 12th is a new project. You can save 25% if you are one of the next 8 buyers prior to March 17th.
You are one of the first to hear about Kitsilano’s best housing value. 2020, is a collection of 33 exclusive residences with a fresh perspective on contemporary living in Kitsilano. Homes now are now offered at up to 25% off from original sale prices! Read the rest of this entry »
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Historic Gastown Heritage Conversion
February 25th, 2009 Categories: Downtown, Real Estate
Just Listed: an exceptional opportunity to own a home in a brand new conversion in Downtown Vancouver’s Gastown. Priced to sell.
TERMINUS at 36 Water St in historic Gastown is a heritage conversion. This 1 bedroom/1 bath home features sleek contemporary interiors and integrated kitchens with Bosch appliances, European front loading washer & dryer, and Phillppe Starck linear bathroom.
Unique to this suite is a raised living room, bay window and wood cabinetry. Strand hardwood flooring, geothermal heating and air conditioning complement the upscale interior. 1 underground parking stall comes with the unit. Maintenance fees include caretaker, gardening, garbage, heat, and hot water. Read the rest of this entry »
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Wordless Wednesdays
February 25th, 2009 Categories: Wordless Wednesdays
View Vancouver’s False Creek North before the Expo ‘86 lands were developed into a luxury waterfront neighbourhood
Click here and when the picture opens up, click on 1978 to view Vancouver’s False Creek North (former Expo ‘86 lands) in 1978 when it was industrial land. Then click on 2003 and it transforms before your eyes.
this site is updated regularly, subscribe via RSS or email
when you’re ready to buy or sell False Creek North or Vancouver real estate, contact Maggie, an experienced realtor marketing Vancouver homes since 1981
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Vancouver Real Estate Best Buy
February 23rd, 2009 Categories: Downtown
There is no better way to know what’s for sale in the Vancouver real estate market than to work with a qualified buyer. I had the pleasure of such a buyer on the weekend, up from California to purchase an investment condo downtown, under $400,000.
The best buy I saw was a 2 bedroom, 2 bathroom condo with wood floors in Tinseltown at 550 Taylor, listed at $398,000 for 789 sq.ft. on 22nd floor with fabulous mountain and water views looking north. The building has a gym and the suite has underground parking and a locker. Taylor is 4 years old. Rentals welcomed! Rent would be $1700-1800 pr month.
This neighbourhood is about to change with the completion of the Woodwards building, which will have a supermarket and London Drugs.
contact Maggie for more information or to view this Best Buy!
this site is updated regularly, subscribe via RSS or email. when you’re ready to take advantage of Vancouver’s lower prices and lower interest rates, call Maggie Chandler, an experienced realtor marketing Vancouver homes since 1981
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Is Now a Good Time for Investors to Buy Vancouver Real Estate?
February 23rd, 2009 Categories: Real Estate
This was published in the Vancouver Sun on Feb 18th.
With home sales – and prices – dropping in B.C., is now a good time to invest in real estate?The B.C. Real Estate Association says it just might be, pointing to a large drop in carrying costs for an investment property today compared to a year ago.
“It doesn’t matter what the market is doing, I don’t say whether or not it’s a good time to buy,” association chief economist Cameron Muir said in an interview on Monday. “That being said, I would suspect investors are actively looking in the marketplace for bargains. If you compare today versus a year ago, investing in real estate is more attractive than it was then.”
Muir made the comment after the release of an association housing survey monday that concluded the residential sales dollar volume on B.C.’s Multiple Listing Service declined 61 per cent to $837 million in January, compared to the same month in 2008 when sales totalled $2.25 billion. In the Metro Vancouver region, the sales volume was down 62 per cent over the same period, to $414 million from $1.09 billion in January 2008.
Muir – who said he also believes sales activity in the province will pick up in the spring because of improving affordability resulting from lower mortgage rates and home prices – cited a typical mortgage pyament for a property in January 2009 compared to January 2008. Read the rest of this entry »
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Residential Developers see the return of more normal Market Conditions in 2009
February 22nd, 2009 Categories: Real Estate
Peter Mitham of BIV reports that many residential developers in BC are anticipating market conditions closer to the historical norm in 2009.
Previously slated for Dwell, a 48 unit condo development at Quebec and West Broadway, the site could soon be home to approximately 50 rental units, said Rize president Will Lin. Lin says that a drop in construction costs in recent months makes multi-family rental projects a better bet now than in the past. He believes there are opportunities. “I think we’re in a sit and watch mode, for everybody but eventually , when we finish watching, it’s time to take some action and start building again.”
Jameson Development Corp continues to assemble financing to resume work on its Jameson House project at 838 West Hastings. Read the rest of this entry »
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Decor Trends for 2009
February 21st, 2009 Categories: Real Estate
Whether you’ve got money to spend or a budget to keep, we’ve got the scoop on the must-have decor trends for 2009.
Trends may come and trends may go, but let’s face it: tossing the latest colour, fabric, pattern or material into your decor feels good. What’s not so good is the price tag that can come with being “in.”
“Colour is the easiest way to integrate the latest trends,” says Steve Suraci, principal of Icarus Designs. “Change your wall colour, add an accent wall of wallpaper, use more trendy accent pillows on neutral sofas. Even just adding a splash of colour with some easy, inexpensive accessories gives a great new look without blowing your budget.”
Go grey or go bold – Understated and vibrant are the colour palette for 2009. “I was just in London for Decorex — the London Design Show — and I witnessed two trends: the bleached-out Belgian look of driftwood colours, pale wood veneers with grey undertones, pale silk carpets, natural linens, pale natural leathers and taupe velvets,” says Tim Mather, owner and senior designer of TM Design. “And strong colour; Hermès orange, turquoise blue, lilacs and strong purples, Schiaparelli hot pink tempered with either chocolate brown, greys or taupes.” Read the rest of this entry »
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Canada Real Estate Roundup
February 20th, 2009 Categories: Real Estate
Take a look at what’s happening in the Canada real estate market. Compared to one year ago, Real Estate prices in the big cities of Toronto, Vancouver, Calgary and Edmonton are down, Montreal prices are flat, but the Maritime Provinces, Ottawa and Winnipeg’s prices are up. The following is a release by CREA, you can hold your mouse over a specific city and view the current average price and the average price one year ago.
The number of properties sold via the MLS® systems of real estate boards in Canada edged down further in January 2009. Seasonally adjusted residential MLS® sales activity numbered 26,376 units in January 2009. This is 3.1 per cent below activity in December 2008, and a decline of 37.3 per cent in activity compared to January 2008.Monthly percentage declines in seasonally adjusted activity in January 2009 were on par with those in December 2008 (-2.4 per cent month-over-month), and moderate by comparison to October (-14.9 per cent) and November 2008 (-11.8 per cent).Monthly declines in seasonally adjusted sales activity in British Columbia and Ontario pulled national activity statistics lower, and offset monthly increases in MLS® residential sales activity in Manitoba, and Newfoundland & Labrador.Actual MLS® resale housing activity totaled 16,343 sales nationally in January 2009, down 40.9 per cent on a year-over-year basis. Only Prince Edward Island recorded an increase in residential units sold, up two per cent compared to January 2008.
The supply of homes for sale remains high, but is trending lower nationally. The decline in new MLS® listings is trending lower in line with sales activity in many regions. Seasonally adjusted new MLS® residential listings numbered 69,875 units in January 2009. This is down three per cent from the previous month, and 13 per cent below the peak reached in May of last year. Read the rest of this entry »
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