Less than the 4 million it would take to buy the worse house posted above haha.

This one is beautiful, but once again I could never imagine spending $4mil to live in such a dark and gloomy climate, and location. Of all the places in the world in which $4mil could get you.

Look like hot water baseboards. Natural gas yo.

Interesting description. “Be the next custodian.” As in care taker and not actually live there? Hahaha must be an ESL thing.

I think it is implying the next buyer to 'hopefully' continue to take care of this unique home given it will probably require special tradespeople to maintain and upgrade this building for the next 30-40 years.

Unfortunately, a lot of these home gets sold and demolished.

driving to that 100 meter part of madeley rd is like plopping into Lynn Canyon

pacific northwest beautiful but nothing is going to be dry there ever

Oh I’d agree with you 100%. I’d just never call myself a custodian of my own house.

now photograph it the other 300 days of Vancouver
(yes i'm salty :lol)

The pool house? That’s a tough one. Skinny lot but fairly long. Nice view. Call it 3.5 for the lot and 1.5 to build the house/landscape. $5.0 without depreciation. Lol.

i still dont understand what the point of such a shallow pool? maybe its due to the weight of all the water and they dont want to collapse that on top of the rich guy's head.

How tf you suppose to get a 10’ deep pool on a roof? Lol

It’s for parties and to do blow off the side not Olympic diving lol

i think its a good pool for my doggies, but what a total shit show if you have a party as
1) there's no parking, guests have to find street parking
2) your shitty "pool" isnt even deep enough for people to lounge in, they can literally get their ankles wet.
3) when you tell people you spent 7 million on this they'll spit out their drinks on your fancy roof top terrace and then proceed to laugh non stop in your face.

anyone have heat pump water heaters?

https://www.bchydro.com/powersmart/r...er-heater.html

pros and cons?

I'm thinking about going that route when my existing electric water heater is up for replacement.

I'd only ever look into a "hybrid" model, which means it has the Heat Pump mode for heating and energy savings when in low demand, but retains resistive heating elements for faster recovery in periods of high demand.


Pros:
- Saves energy costs
- Provides a bit of free cooling & dehumidifcation of the space where it's installed (Good in summer months)


Cons:
- Higher upfront cost
- Steals heat from your house in winter months (unless you duct to outside, but then you lose the cooling & dehumification aspect above)
- A bit more installation complexity: Need to run condensate drain (and ductwork if choosing that route)
- More maintenance: Need to periodically clean air filter
- More noise (about as loud as a refrigerator)

kind of a fun trip down memory lane

https://www.realtor.ca/real-estate/2...orth-vancouver

my parents owned this house from when i was 6 months old to 5 years old. I took a walk through it yesterday just to see how much I remembered. Mom and Dad had expanded the floorplan - and it has been added onto again since they had it.

super cute little house - fantastic neighbourhood. No mortgage helper means no bueno even if we wanted it though.

What a cute house ! Somebody tell troll face to buy it. At 1.9 it’s not even expensive for Vancouver. That’s a steal. I’m not even joking.

It's a pool for doggie "style":ifyouknow:

any thoughts on the downtown market?

seems like prices peaked in 2018, dropped till 2020, then recovered a little but still not at the peak of 2018. Seems like a better market than parts of Burnaby that are at the same price?

can't snort coke off an ass that's wet

Traditionally, DT is always a good sell, but lately, it's lagging behind. Covid drove people out to suburbs due to WFH and crime rates also keep people from wanting to live DT. It's become more of an investors area if one can snag a desperate seller. However, the current problem now is buying a tenanted unit, where the rent is under market value due to a long term tenant. Unless you're moving in, can't raise their rent, can't evict them to bring in a new tenant at market value. I've already had a couple deals collapse cause the tenant wouldn't even give access for inspection. These tenants are doing everything they can to stay put. Can't really blame them really.

Can’t you terminate tenancy based on selling the unit?

Yes, but if the buyer wants access for Inspection for Subject Removal and the tenant decides they won't allow access (which is a tenants right), the buyer without inspection access won't remove subjects. Which was a scenario that happened to me. The buyer signs a BS general release form before SR date and they walk away. Then that Rescission Fee also becomes obsolete. ( That's another can of worms )

Well yea.. should probably deal with that prior to listing

Yep. https://www2.gov.bc.ca/gov/content/h...anted-property and https://www2.gov.bc.ca/gov/content/h...o-month-notice

tl;dr: You have to give 2 months notice to them to move out - depending on your closing date that may or may not be enough notice so either they move out early and you compensate them or they stay when the new owner moves and they move out at the end of the 2 months.

The latter can get a bit messy as you'd then need to transfer the damage deposit to the new owner.

Dealt with this on the farm we were selling too, buddy wouldn't sign and wouldn't budge... and then when he did leave he left all his hoarded shit behind, you're required to pay to store it for him for a few months in case he wants it back too.

Bullshit ass laws here, ugh.

He also interfered in the sale, gave out info on the property when people were looking that was potentially damaging and not actually factual and would always say no to every showing time.

Just to expand and clarify

A seller can't end a tenancy because they're posting their house for sale. A seller can't be like "Hey we're selling the house, you need to get out".

Technically it's the buyer who is issuing the notice to end tenancy (for landlord use), so there has to be a sales agreement in place with a closing date established and it has to provide the necessary notice period.

The new owner has to be careful, if they turn around and just re-rent the unit again and the former tenant finds out they can challenge this to the rta and the new owner can be on the hook for 12 months of rent compensation to the former tenant.