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Market Research

Market Spotlight: City of Vancouver Condo Resales

Here’s a look at resales data for condo unit resales in the City of Vancouver. Not only have the last few months shown record sales activity, pricing has risen noticeably, from the low $400k range in 2013, to just under $600k in the spring of 2016.

Resales Condos_May 2016Source: MLS Data

May 16, 2016by david.taylor@colliers.com
Development

Construction Update: 1245 Harwood

Here’s an update on one of Vancouver’s most unheard of projects. It’s an 18-storey residential tower on the site of what used to be the Legg Residence, a heritage mansion that was demolished in order to protect a tulip tree on the site.

The project started construction in 2014 after years of delays, and now appears to nearing completion of the exterior build.

1245 Harwood_May 2016

courtesy mcminsen http://po.st/eL1TFc via @imageshack

1245 Harwood_May 2016_1

courtesy mcminsen http://po.st/qXukw2 via @imageshack

1245 Harwood_May 2016_2

courtesy mcminsen http://po.st/UGXXYs via @imageshack

1245 Harwood_May 2016_3

courtesy mcminsen http://po.st/2ekvpc via @imageshack

May 12, 2016by david.taylor@colliers.com
Development

Townhouses Proposed for Norquay Village Site

Conwest Residential has applied to the City of Vancouver to develop a new townhouse project on a 13,490 SF RM-7 zoned land assembly in the Norquay Village area of East Vancouver. The site is located on Ward Street, just West of Earles Street. Details of the proposal include:

  • 16 townhouse units in two buildings
  • a total density of 1.20 FSR (16,188 SF);
  • a building height of 37.42 feet
  • 12 surface parking spaces having  vehicular access from the lane;

Under the site’s existing RM-7 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.2719 Ward_22719 Ward_3

2719 Ward_1 2719 WardThe architect for the project is b2 architecture inc.

May 5, 2016by david.taylor@colliers.com
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