East Vancouver Sales Summary for August 2011

(Vancouver East)

This is what happened in August

Sales by Units

Detached house sales for the month of August 2011 were 148 units sold in comparison to last year at 131.

• 12% or 17 unit increase over this month last year.

Townhouse home sales for the month of August 2011 were 23 units sold in comparison to last year at 22 sold.

• 4% or 1 unit increase over this month last year.

Apartment home sales for month of August 2011 were 69 units sold in comparison to last year at 75 sold.

• 8% or 6 unit decrease over this month last year.

Active Listings

Active detached home listings ended at 555 for August 2011 down from 635 for August 2010. Active Townhouse listings ended at 118 for August 2011 down from 147 in August 2010. Active Apartment listings ended at 476 for August 2011 up from 475 for August 2010.

Detached homes and Townhouses show a decrease while Apartments up by 1 unit.

• Detached home listings down 12% or 80 unit decrease
• Townhouse listings down by 19% or by 29 units
• Apartment listings up by 1 unit.

Average Price

Detached Houses up 13% to $871,678

Townhouses are up slightly to $562,052 (up by $4,902)

Apartments are up 7% to $368,246


The above statistics include the following 16 sub areas of East Vancouver:

South Vancouver, Fraserview, Champlain Heights, Main, Fraser, Knight, Victoria, Killarney, Collingwood, Renfrew Heights, Mount Pleasant, Grandview, Renfrew, Hastings, East Hastings, Downtown.


Statistics courtesy of the Real Estate Board of Greater Vancouver.


Please don't hesitate to contact me if you have any questions about the residential real estate market in your neighbourhood.

Jeffrey Sefton
Macdonald Realty Ltd.
604-263-1911
jeffrey@sefton.ca |www.sefton.ca Search for Homes in East Vancouver

The Cornerstone at 2525 Quebec Street, V5T 4R5

Neighbourhood: Mount Pleasant, East Vancouver

The Cornerstone is located on Quebec at 10th Avenue East - right on the 10th Ave bike route.

The Cornerstone was originally a church built in 1908. Around 1994 the church was converted into residences and a four storey addition on the west side was added.

Follow the 10th ave bike route to Quebec and stop to have a look at this interesting structure. If you are looking for a home with plenty of character interior exposed brick walls, loft layouts and high ceilings, the Cornerstone complex just might be for you!


Stories: 4
Suites: 38
Approx Year Built: 1908
Approx Year of Heritage Conversion: 1994
Construction: Concrete, Brick, Stucco
Number of parking stalls per suite: 1-2
Title to Land: Freehold Strata

Rentals: Permitted w/restrictions

Pet Friendly: Yes w/restrictions








Amenities: In-suite Laundry, Elevator, Bike Room, Storage

Some suites feature: patio, balcony, gas fireplaces, inside brick walls, loft layouts, high ceilings

Configurations: Suites at Cornerstone consist of 1 bedroom/1 bathroom/den, 1 bedroom/1bathroom/storage, 1 bedroom/1 bathroom/den/office, 2 bedrooms/1 bathroom, 2 bedrooms/2 bathrooms/office or den, 2 bedrooms/2 bathrooms/solarium/office or storage,

Suite sizes range from approximately 700 square feet to 2200 square feet.


Neighbourhood highlights include:

Minutes to the downtown core
On the 10 Ave Bike Route
Steps to Restaurants, shops and coffee shops on Main
Grocery store within blocks
1 block to public transit artery on Main & 2 blocks to Broadway

If you have any questions about The Cornerstone in the Mount Pleasant neighbourhood please contact Jeffrey Sefton at 604-263-1911.



Search for Homes in the Mount Pleasant Neighbourhood

Get this weeks market snapshot for Cornerstone and surrounding area


Please note that Strata bylaws may change so please check with your REALTOR® with regards to bylaws prior to purchasing in a Strata development.



Jeffrey Sefton
Macdonald Realty Ltd.
604-263-1911
jeffrey@sefton.ca |www.sefton.ca

Now on the Market: New Pre-Sale Residential Condos in Vancouver South Main at "Uptown" by Concord Pacific.



Uptown Vancouver by Concord Pacific Price List and Features By Mike Stewart Realtor
Introducing Uptown, a new Pre-Sale by Concord Pacific located in Vancouver BC’s South Main/Mount Pleasant area. Uptown is a soon to be completed residential condo tower located on Prince Edward Street at Kingsway and East 12th Avenue. This 10 story condo tower will offer views to the north of the North Shore Mountains and False Creek. Uptown will have 102 suites, 25 of which are going to be 1 bedrooms with some 2 bedrooms and a few larger townhouses.

Pricing
For details see the price list below for this new Vancouver Off-Plan Development. Concord Pacific mentioned that 65% of the suites for sale at Uptown Vancouver will be under $350,000, but this does not include parking or any upgrades.

Interior Finishings
Concord Pacific mentioned they will give the option on light or dark laminate floors, Stainless Steel Appliances as well as Quartz Stone Counter tops.

Maintenance Fees and Amenities
Concord Pacific anticipates maintenance fees for this pre-sale to be 27 cents/sf with a small gym and party room with kitchenette for amenities.

Financing Options
The developer of this pre-sale condo is working with the Bank of Montreal who is offering a 3.45% fixed rate mortgage with a 3 year term available from completion.

HST Helper Discount!
Concord Pacific is offering HST help for Buyers of Uptown. See details on page14 of the document that I have embedded below.

Deposits
Concord Pacific is requiring a deposits of 25% on this Pre-Sale for the general public and 20% for Uptown Club Members.

QUESTIONS? Please contact me with any questions you may have on Uptown in South Main!
All of these details are subject to change without notice.

Working with Real Estate, the local community is the lead-farm. "Connecting" with people in a virtual world online requires more than setting up automated streams of updates. It requires more than a plain-clothes website with new listings. Watch the video, follow the bread-crumbs, you'll experience exactly what I mean.

 

Visit LivingInMountPleasant.com

There's a great outdoor pool located at W. 15th and Ontario in the Mount Pleasant neighbourhood, that has a very interesting past. Since 2002 it has been slated for demolition, but through the efforts of some very persistent neighbours it has stayed put. The latest development has the parks board scheduling a public consultation into the fate of the pool, brought about by the efforts of local residents through a letter writing/email campaign.

I just wanted to applaud the residents of Mt. Pleasant involved in the latest camaign, for their efforts in relentlessly pursuing this cause, and I think it's a great example of neighbours coming together to maintain the fabric of their community. Well done and Good Luck!

For more information and updates on this story, visit the blocktalk.ca site and go to the Mount Pleasant Lifestyles page.