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1744 Vancouver real estate articles · all BC
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4,438-square-foot industrial building sells $2.55 million
Western Investor · 11 Sep 2020 · William Wright
The free-standing building fitted out as a martial arts studio and has ample parking on the Graveley Street site in East Vancouver.
Offices and warehouse soon to rise in Seaspan Victoria Shipyards projected price $26 million, Vancouver
Western Investor · 11 Sep 2020 · Carla Wilson
The 81,500-square-foot space would allow Seaspan Victoria Shipyards to amalgamate its supply-chain operations on one site. The plan was presented to Colwood City Hall in early September and appears to have support from the mayor.
2800-square-foot development site sells $2.45million below assessed value
Western Investor · 10 Sep 2020 · Avison Young
The vacant 0.70-acre site on East Pender Street, Vancouver has flexible zoning with the potential for a mixed-use property to a maximum floor-space-ratio of 4.8.
Vancouver city council approve the rezoning application of a 28 storey rental tower
The Georgia Straight · 10 Sep 2020
On July 21 this year, Vancouver city council cast a close 6-5 vote to approve a rezoning application for a 28-storey rental tower. The development site is at the southeast corner of West Broadway and Birch street, the former location of a Denny's Restaurant. A…
Vancouver’s Trump Hotel has permanently closed
The Vancouver Sun · 29 Aug 2020 · Joanne Lee-Young
The land and building is owned by TA Global Berhad, a multinational Malaysian property company headed by Joo Kim Tiah, which paid to license rights to use the Trump name. Three of U.S. President Donald Trump's children — Donald Jr., Eric and Tiffany &mda…
Trump International Hotel Management firm, has declared bankruptcy
Western Investor · 29 Aug 2020 · Glen Korstrom
The company that operates the Trump International Hotel & Tower Vancouver, TA Hotel Management Limited Partnership, has declared bankruptcy, according to a document filed August 27 with the Office of the Superintendent of Bankruptcy Canada. It is a subsidiary …
Major Mall owners redeveloping premises from retail to market housing, Vancouver
Western Investor · 27 Aug 2020
This year an upscale, 12-storey high-rise rental tower at the site, developed in a joint-venture with Boardwalk REIT, has opened with average rents of $1,779 per month while the shopping centre below struggles with the financial fallout of COVID-19.…
Investors, philanthropists foreseeing future Downtown Eastside
Western Investor · 26 Aug 2020 · Frank O’Brien
Vancouver began here on a foundation of vision and hard work and now a new wave of real estate investors and philanthropists hope to reclaim its mean streets
20 Storey Rental building nixed by City of Vancouver
The Vancouver Sun · 26 Aug 2020 · Dan Fumano
The city's planning department recently kiboshed Reliance Properties' proposal for a 26-storey apartment building at 837 Beatty St. The proposed development was never made public, because it died during the pre-application phase, the early part of the rezoning…
Stunning 0.10-acre waterfront retail sells for $8.6 million, Vancouver
Western Investor · 20 Aug 2020 · Avison Young
The 4,555-square-foot lot in English Bay is steps from the water with unobstructed views, and currently hosts a 4,082-square-feet retail strip.
1575 W Georgia, And-Co New office concept could lure remote workers back + a few floors may be sold
Western Investor · 19 Aug 2020 · Frank O'Brien
Arpeg Group of Companies, of Vancouver, is banking on making that decision easier with And-Co, a new office concept that will open this December in the Cardero building at 1575 West Georgia Street. "Working from home during the pandemic has made companies reth…
Canada’s housing shortage: Goods news to investor, skeptical for residents
The Vancouver Sun · 15 Aug 2020 · Dan Fumano
Vancouver's rental housing landscape has been shifting recently away from local mom-and-pop landlords to large, mostly Toronto-based financial companies — including multi-billion-dollar pension funds, asset management firms and REITs. Experts expect that…
Canadian housing starts hit 2 years high because of high increases in Multi-family - Vancouver and Toronto
The Province · 13 Aug 2020 · Canada News
Canadian housing starts hit a two year high because of big increases in multi-family dwellings in cities such as Vancouver and Toronto. Starts in B.C. were up 11 per cent and were up 8.5 per cent in Ontario
The Oak 7858 Oak Street 16 townhomes by Triton Group
The Province · 13 Aug 2020
Triton Group's The Oak — collection of 16 townhomes in the heart of Vancouver's Marpole neighbourhood — close to five-hectare Oak Park, transit and plenty of amenities
Vancouver's St. Paul's Hospital land sold to Concord Pacific for $1 billion
The Province · 13 Aug 2020
Providence Health Care says the money will go toward the construction of the new St. Paul's Hospital
Old St.Paul’s Hospital to modern facilities soon to rise by 2026
The Province · 12 Aug 2020 · Scott Brown
The St. Paul's Hospital site on Burrard Street in Downtown Vancouver has been sold for nearly $1 billion to developer Concord Pacific. Providence Health Care, which operates the hospital, says the money will be put toward the construction of the new St. Paul's…
Council pushing more rental housing-Vancouver
The Province · 11 Aug 2020 · Dan Fumano
As Stewart pointed out, in the commercial zones council was looking at, developers can currently build four-storey condo projects without seeking a rezoning. Stewart wants to push developers toward building more rentals, saying: "I cannot vote for more condos.…
Mixed outlook on real estate and the Pandemic
The Vancouver Sun · 08 Aug 2020 · Douglas Todd
You can be forgiven for feeling perplexed about what's happening to Metro Vancouver's real estate market after almost six months of COVID-19 anxiety and varying degrees of lockdown. The spin coming from the real estate industry is bewildering — with some…
Despite of Covid-19 22.3% increase of home sales compare same month last year
other · 07 Aug 2020
Instead, the latest data from theReal Estate Board of Greater Vancouver(REBGV) show 3,128 homes were sold in July, a 22.3 per cent increase from the 2,557 sold during the same month last year. Sales were 28 per cent higher than last month, when 2,443 homes cha…
MLA Canada showed that condo inventory delays hound the Greater Vancouver market
Mortgage Broker News · 04 Aug 2020 · Ephraim Vecina
The latest data from MLA Canada showed that condo inventory delays hound the Greater Vancouver market, a trend that might slow down the region's housing recovery. Over the last few months, the COVID-19 pandemic led to severely decelerated activity across all h…
Access to transit is more valuable, home buyers are willing to pay extra.
other · 04 Aug 2020 · Kenneth Chan
New data shows home buyers in Metro Vancouver are still willing to pay for the premium of being within close walking distance from a SkyTrain station. While there is currently an aversion to public transit, the health crisis has only had a minimal effect on bu…
Greater Vancouver Condo Pre-Sales Cut In Half, New Inventory Delayed
other · 30 Jul 2020
The pandemic drove Greater Vancouver new home sales off a cliff, but things have improved… a little. MLA Canada, a Vancouver-based real estate firm specializing in condo pre-sales, observed an increase in absorption for June.
Vancouver Approves 28-storey rental building at the corner of Broadway and Birch – The Old Denys Location
The Province · 22 Jul 2020 · Dan Fumano
Vancouver city council narrowly approved Tuesday a 28-storey rental tower for West Broadway. It was one of the most controversial and closely watched decisions of this council and could have gone the other way if not for an unusual turn of events last week. Th…
Developer wants to rezone the land for social housing units across Oakridge Center
The Vancouver Sun · 18 Jul 2020 · Joanne Lee-Young
The developer of a prime piece of real estate across from Oakridge Centre wants to rezone the land so its 300 social housing units are all in buildings on one parcel instead of being spread across the project and alongside market units, a move that some advoca…
BC Housing Markets Bounce Back in June
BCREA · 14 Jul 2020
The British Columbia Real Estate Association (BCREA) reports that a total of 8,166 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June 2020
How long this Pandemic affects the rental market
Western Investor · 13 Jul 2020 · Glen Korstrom
Asking prices for Metro Vancouver rental units have already declined, as competition for tenants has increased and prospective renters, who have been hit with less stable employment, seek lower priced homes.
Prices steady as resale home sales increase Metro Vancouver's June housing sales up month-over-month and 17 per cent above June 2019 with prices higher than a year ago
Western Investor · 08 Jul 2020
The total number of homes currently listed for sale on the MLS system in Metro Vancouver is 11,424. That's 23.7 per cent down from the 14,968 homes that were listed for sale in June 2019, but up 15.1% per cent from the 9,927 listed properties in May 2020. For …
New condo sales, starts plummet in Metro Vancouver
Western Investor · 01 Jul 2020 · Frank O'Brien 
According to the latest results from Altus Group's Condominium Apartment Monitor, between the beginning of April and the middle of May, only two new condominium apartment projects launched in Metro Vancouver, with a total of just over 200 new units, down by al…
Brokers: Vancouver market still a long way from full recovery
Mortgage Broker News · 30 Jun 2020 · Ephraim Vecina
Last month, markets observer Douglas Todd said that plummeting immigration numbers during the coronavirus crisis would have a significant impact on the Vancouver housing market. "Start with the drastic drop in tourist numbers. With borders virtually closed to …
Just West 46-96 King Edward Avenue 55 garden suites and townhomes by Sightline Properties
The Province · 25 Jun 2020
"In the City of Vancouver there is a clear difference between what people can afford and what they want," said Jamie Vaughan, a director and owner of Vancouver development firm Sightline Properties. "Historically, Vancouver has not built many townhomes."…
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