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http://www.brynisaac.co.uk/photo/van...east_van_2.jpg |
^^ those are nouveau snob and van west spill-over....maybe a little Gen-Y, late Gen-X hipsters. |
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Would I spend 1.5M on a nice house in EV? No because its still EV. Would I spend 1.5M on a house in VW? No, because those are usually not much better than the 650k Knight St. specials. That and I'm not in the 1.5M home market either :) |
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about as bad as the time my friend saw some dude with THUG LIFE tatooed on the back of his neck, i didn't believe him so he took a pic...i lol'd |
Monument for East Vancouver is an art installation by Ken Lum. Lum is a conceptual artist generally concerned with issues of identity, and a Chinese-Canadian who was born and raised in Vancouver. He's among the most highly acclaimed artists ever to come from the Lower Mainland. I'm not sure whether the East Van cross symbol is originally by Lum, but the monument itself is a pretty highly respected piece in the art world. It's interesting to hear peoples' opinions of it. :) Here's a full-shot of it. http://s7.postimg.org/46ux40hzv/450p..._Vancouver.jpg |
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I got not beef with the EV, it's not for me, but if they sorted out some quality transit options into downtown, many parts of the EV could be turned on its head But moonbeam is more interested in bike lanes than actual valid transit for the masses |
Was trolling around mls.ca and found some great houses with a lot of land. Most are "as is" but some have some nice updates inside. The area that do have $1 to $1.5 million "average to good" houses in West Van are around Cypress Hills, Top of BP near Collingwood (NE BP) Glenmore, Caulfeild (yes, spelled that way), Horseshoe Bay, Lions Bay, and Gleneagles. For example: Glenmore: Property Search Caulfeild and Cypress Hills: Property Search Horseshoe Bay and Gleneagles: Property Search Looks like there are houses that are actually reasonable in West Van. Total of around 60+ properties. ------------------ For Vancouver West, here are some listings: Property Search Around 25 properties. ----------------- I think, based on lot size, and sq. footage, West Van wins, and has more selection. I think it is because the price in West Van hasn't appreciated as much as Vancouver West. ------------------ West Van: Pros Bigger land/lot size, on average 2-3 times bigger Nearer to Whistler and hiking and local mountains Nearby access to the highway Hasn't appreciated as much as Vancouver West Houses in the $1.5 mill range are more updated than $1.5mill houses in Vancouver West. Some of the houses in the $1.5mill range are actually UPDATED to an extent. Cons Land is often hilly and slanted and contain many trees and/or rock outcroppings. Lions Gate Bridge traffic is atrocious most of the time. Fewer restaurants. No nearby night-life/party locations. Vancouver Pros Nearer to amenities More local events More restaurants Night-life/party locations Better transit system Land is flat Coach houses permissible for 95% of residential zones Cons At the $1.5 mill range, houses are not as updated (if at all) Population density is denser Farther away from North Shore outdoor activities |
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Rates bump up anywhere else and prices go down. Here? Prices go up and more people buy. Good times. |
^^ Foreign buyers like to come and shop when it's warm here. :D |
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My realtor said the same exact thing. When a foreign major event happens (that is detrimental to their net worth or financial well being), the sales of $1 mill+ homes drop precipitously. Something like... China's change in power (I think it's a once in a decade thing... forgot), then the foreign buyers get apprehensive and stop buying (for a while at least). |
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Always with the china angle... Vancouver ppl never change their tune |
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My post above specifically is for foreign buyers. I was not commenting on the general public. |
There was a post in the looming US government shutdown thread by iEatclams I wanted to share: Quote:
And don't even get me started on the anti-density NIMBYs in Marpole and Grandview-Woodlands! |
This has been my concern for Vancouver for years. Not that I'm any great Nostradamus of commercial real estate, as it takes grade two math to do subtraction: available commercial land-more and more taken for condos=Vancouver becoming its own bedroom community. Everyone wants to live in downtown Vancouver but no one wants to work there anymore. People commute OUT of downtown. Burnaby is working it out. Down along the Frazer is nice combination of housing in one area, then a beautiful industrial park towards new west. Vancouver proper should be promoting the Clark drive industrial park, and by promoting I mean incentives to build close to downtown, on affordable land with ample transit and parking everywhere. But its being eaten away with condos. Start along Hastings, then move up, I'm sure. Condos are like a cash crop in this city. It's all good when people like them, but when too many farmers plant, its hard to plow them under. That was an excellent bloody analogy up there :) |
Well, basic planning 101 is to build around transportation hubs. soo far, many cities are not doing that. Yes burnaby has that one stretch along marine way, but there's not many buses or easily accessible transit in that area. Vancouver - yes they are building around certain skytrain stations, but definitely not enough. broadway station: I sure as hell can see two or three mid-rise office towers there. There's some office space on 8th by milestones, but why not turn that area into more mixed use commercial and res? or around bestbuy and home depot? or the areas east of there. renfrew station: glad they are finally doing something here. once you build it, people will come if it's along a skytrain. There's soo many companies here, with leases filling up fast. I'm glad they are expanding it but wished it was developed even further. here's a legitimate complaint. how about Royal Oak station? what do they build there? A stupid 4 storey low-rise, (i think it's called Kabana). why not build another commercial, mixed use hub there? or lets talk about metrotown: station square has 5 towers coming up, along with the 4-5 highrises being built around metrotown, with quite a few on the south side of beresford. Around metrotown mall we have Silver, metroplace, chancellor, sovereign, The MET, jewel 1 & 2. Moda. We are talking about 13-16 new or recent residential towers around metrotown, yet only one new office tower is coming up: Metro tower 3?? wow. are you fucking kidding me? Same goes for the Brentwood area. Lots of residential, nothing for the businesses. clark drive industrial district: IMHO, I'd like to see that clark drive industrial district left as light industrial and/or commercial. I do not want to see residential in that area at all. Once Residential goes in, then it all starts to fall as more and more industrial land gets taken away for high-rises. |
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http://globalnews.ca/news/864305/vancouver-property-worth-55-million-dollars-makes-the-biggest-residential-real-estate-deal-in-canadian-history/ Posted via RS Mobile |
LOL...when you are buying an apartment that sets a Canadian record on price...do you honestly expect that another guy is going to come along and take that record over from you by buying it? |
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buy at the peak, sell it even higher! :fullofwin: |
Vancouver...home of mountains, but no peaks! |
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I bet another Middle Eastern prince will spend even more money in another building and buy up 5 floors just to top this guy... Maybe we'll see a rise in real estate due to oil-rich princes instead of swetshop-rich Asians.... |
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