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Blog › June 2017

My New Listing In Yacht Harbour Pointe 1600 Hornby Street


lobby

The subdued lobby with full time concierge at Yacht Harbour Pointe, 1600 Hornby Street 

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Looking South to Granville Island

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Waterfront living, the exterior of Yacht Harbour Pointe, 10 stories and 55 sophisticated residences on the seawall in Yaletown between the Burrard and Granville bridges

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The foot passenger ferry dock in front of Yacht Harbour Pointe for the 5 minute crossing to Granville Island

 

 

 

 

On the seawall at the Southern foot of Hornby Street is a very special apartment building with only 10 stories and 55 residences.  Yacht Harbour Pointe and its private marina are one of a kind in Vancouver, intimate yet at the heart of Vancouver's downtown playground.  Walk or bike along the seawall heading west and into Stanley Park.  Head east into the Beach District with its busy cafes and continue past Roger's arena and around the seawall at Main Street.  This is downtown living with the feel of Ambleside in West Van.  Foot Passenger ferries dock just in front of the building and take you to the north side of False Creek where you can shop at Granville Island Market or eat at one of the many restaurants on the island.  You are a short walk to the aquatic center too.  Owners at Yacht Harbour Pointe have the exclusive possibility of purchasing or leasing moorage in the attached marina as available.  This is the sunny side of downtown with Southern exposures as compared with Coal Harbour and its North-facing views.  

 

This special residence offers 1370 square feet of living space and includes 2 parking stalls and a storage locker.  The view is to the southwest.  There is an extra large master suite with ensuite bath and walk-in closet.  The kitchen has been renovated and offers an open design with plenty of counter space and storage.  There is a large office with built-in file storage and book cases.  The second bedroom comes with a wall-bed.  There is also a full 2nd bathroom across the hall.

 

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New Listing 603 - 1600 Hornby Street, Vancouver, BC


R2175269 - 603 - 1600 Hornby Street, Vancouver, BC, CANADAView my new listing for sale at 603 - 1600 Hornby Street, Vancouver and currently listed at $2,098,000.

Waterfront living in Yacht Harbour Pointe and NO EMPTY HOME TAX- rentals maxed w wait list. SW facing apartment w/ westerly water view of False Creek. Lovely sunsets. Spacious kitchen, dining and living room, KING-sized master bedroom w/ ensuite bath and walk-in closet, 2nd bedroom w/ Murphy bed, large office w/ built-in storage, plus a balcony with breezy water view. Seawall & foot passenger ferry to Granville Island at your doorstep. Yacht Harbour Pointe is one of the few lower rise (10 storey) buildings on Yaletown's waterfront w/ only 55 residences. Concierge, gym, guest parking, bike storage, includes 2 parking stalls and storage locker. Pet(s) allowed. Owners have possibility of leasing or purchasing slip @ marina as available. Open House Sat/Sun Sept 9/10 2:00-4:00

May 2017 Stats


 

click for full stats package

May Stats from Real Estate Board of Greater Vancouver

 

 

June 2, 2017

 

Market activity picks up in May

Home buyer activity returned to near record levels across the Metro Vancouver housing market in May.

Residential property sales in the region totalled 4,364 in May 2017, a decrease of 8.5 per cent from the 4,769 sales in May 2016, an all-time record, and an increase of 22.8 per cent compared to April 2017 when 3,553 homes sold.

Last month’s sales were 23.7 per cent above the 10-year May sales average and is the third-highest selling May on record.

"Demand for condominiums and townhomes is driving today’s activity," Jill Oudil, Real Estate Board of Greater Vancouver (REBGV) president said. “First-time buyers and people looking to downsize from their single-family homes are both competing for these two types of housing.”

New listings for detached, attached and apartment properties in Metro Vancouver totalled 6,044 in May 2017. This represents a 3.9 per cent decrease compared to the 6,289 units listed in May 2016 and a 23.2 per cent increase compared to April 2017 when 4,907 homes were listed.

The month-over-month increase in new listings was led by detached homes at 27.1 per cent, followed by apartments at 22.7 per cent and townhomes at 14.1 per cent.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 8,168, a 5.7 per cent increase compared to May 2016 (7,726) and a 4.5 per cent increase compared to April 2017 (7,813).

"Home buyers are beginning to have more selection to choose from in the detached market, but the number of condominiums for sale continues to decline," Oudil said.

The sales-to-active listings ratio across all residential categories is 53.4 per cent. By property type, the ratio is 31 per cent for detached homes, 76.1 per cent for townhomes, and 94.6 per cent for condominiums.

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

“While sales are inching closer to the record-breaking pace of 2016, the market itself looks different. Sales last year were driven by demand for single-family homes. This year, it's clear that townhomes and condominiums are leading the way,” said Oudil. “It’s important to work with your local REALTOR® to understand the different factors affecting the market today.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $967,500. This represents an 8.8 per cent increase over May 2016 and a 2.8 per cent increase compared to April 2017.

Sales of detached properties in May 2017 reached 1,548, a decrease of 17 per cent from the 1,865 detached sales recorded in May 2016. The benchmark price for a detached property is $1,561,000. This represents a 3.1 per cent increase over May 2016 and a 2.9 per cent increase compared to April 2017.

Sales of apartment properties reached 2,025 in May 2017, a decrease of 5.8 per cent compared to the 2,150 sales in May 2016.The benchmark price for an apartment property is $571,300. This represents a 17.8 per cent increase over May 2016 and a 3.1 per cent increase compared to April 2017.

Attached property sales in May 2017 totalled 791, an increase of 4.9 per cent compared to the 754 sales in May 2016. The benchmark price for an attached property is $715,400. This represents a 13.1 per cent increase over May 2016 and a 1.9 per cent increase compared to April 2017.



Recently Sold Listing 103-1811 West 16th Ave, ,


R2136078 - 103-1811 West 16th Ave, , , CANADAI have just recently sold this listing at 103-1811 West 16th Ave, .