As of April 23rd, 2008 there are 13 homes listed for sale in the Greater Vancouver Area over $10,000,000. The one of a kind majestic waterfront sanctuary on New Kliff Rd tops the list in Cauldfield, West Vancouver at a cool $19,800,000. West Vancouver hold the top 3 spots with homes in Dundarave and Glen Eagles followed by an elegant waterfront living estate in Point Grey.
Starting on April 23rd, prime rate will drop from 5.25% to 4.75%. Depending on the lenders, some will adjust immediately, some will adjust the rate from the first day of next month. This was spured by the Bank of Canada announcement on Tuesday that it decided to lower its benchmark interest rate by half a percentage point. The interest rate cut was widely anticipated by analysts. This marks the bank’s second consecutive 50 basis point rate cut.
We recently ran across one of the best websites in Vancouver dedicated to Vancouver Specials. Here you can find a well established documentary of many, if not most of the Vancouver specials here in Vancouver. We are keeping our eye out for examples of what you can do with a Vancouver special. Stay tuned for updated/renovated specials in the coming weeks.
Over the last week we have been assisting a close friend with the rental of his suite in Lynn Valley, North Vancouver.
As Real Estate Agents here in North Vancouver we don’t normally get involved with rentals, however it was our pleasure to give a lending hand to a good friend. We do advise that landlords and tenants alike have good understanding of the BC tenancy Act and the BC Tenancy Branch.
District of West Vancouver council approved four development permit applications for the first four buildings in the Evelyn Drive development at Monday’s council meeting.
The proposed buildings will be in a stepped-down style, with patios and covered balconies jutting out from the apartment and houses, and will have a “low profile” from the road, said Geri Boyle, manager of community planning.
Phase 1 of the development will see four buildings going up, two along Keith Road and two on Evelyn Drive, and will include a mix of housing including apartment, townhouse and cluster-style housing.
On Monday April 7, 2008 Council considered the four above Development Permit Applications at a regularly scheduled Council meeting and approved all four Development Permits. Copies of the Develpoment Permit and other related documents are available for viewing at the Municipal Hall Planning Department.
Background
The Evelyn Drive Master Plan was approved by Council in July, 2007 . The developer has since prepared development permit applications for the first new residential housing buildings on four of the parcels in the western portion of the Evelyn Drive area.
1. 950 Keith Road (Parcel 1): 12 new units of residential terraced, cluster housing in one building.
Mixed-use development with ground floor retail space and three levels of apartment homes above, in a mountain modern architectural design. Located at 3728 Seymour Parkway these 23 homes, ranging in size form 600 SF to 1,100 SF. A variety of unit sizes providing a wide selection of homes for the community.Completion summer 2009
