Quote:
Originally Posted by Tapioca
IGTBAR:
If townhouses appeal to you, you should realize that the rowhome/townhouse form of housing is actually quite limited in the City of Vancouver. There are pockets rowhomes around Commercial Drive and the River District. There are of course townhouses sprinkled at the base of any highrise, but you'll be paying a premium for concrete construction.
One other thing to consider is that if you don't care about leaving a legacy to relatives, children, etc., you could always buy a leasehold in Champlain Heights or False Creek south for significantly less than a freehold property. Most of the leases in Champlain Heights still have significant terms, but I believe the False Creek ones are expiring in the 2030s. The value of that land is significant, so who knows what the city of Vancouver is going to do in 20 years time? The city basically sold all of the land in the River District to the highest bidder.
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I didn't realize champlain heights was leasehold - is that including the townhomes along 54th right by the mall?