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Vancouver Condo Info

If you're looking for information on buying or selling a condo in Vancouver, you've come to the right place. We specialize in helping people find the perfect Vancouver condo. So browse through our site, read our Vancouver condo info, and contact us when you are ready to buy or sell a Vancouver condo.  

A guide to Vancouver - Canada's coolest city

Things to do in Vancouver.More...

 Vancouver is Canada's coolest city, geographically beautiful, situated on the waterfront with the mountains as a backdrop. The city offers all kinds of entertainment, including  neighbourhood fests, the opera, ballet, theatre, rock concerts, Bard on the Beach and a summer children's festival. 

 

There is a variety of hotels, excellent international restaurants, bars, pubs and night life, good public transportation, many attractions, luxury to inexpensive shopping and a wide spectrum of sports - skiing, snowboarding, hiking, boating, golfing, tennis, running, cycling, Private clubs include yacht, tennis, golf and business.

 

Explore the 365 things to do in Vancouver!

BC Estates

This website is your Real Estate Resource site for Vancouver.More...

This website is your Real Estate Resource site for Vancouver. You'll find everything you want including BC New home warranty info, real estate association, home inspections, insurance, notaries, utilies info, facts about multifamily residential presales, canadian banks, and provincial governemnt resources

Vancouver Demographics

Population growth is critical to real estate markets, people go where the jobs are and people with jobs buy homes!More...

June 2012

Population growth is critical to real estate markets, people go where the jobs are and people with jobs buy homes! From 2006-2011 British Columbia's population grew by 7%, second only to Alberta which grew 11%.

That added another 286,000 people in five years, increasing the Province's population to 4.4 million. International immigration accounts for 70% of the growth but nearly 85% of BC immigrants settle in Greater Vancouver, resulting in a growth of 9.3% over the last five years and boasting 60% of the total population. BC gets 17% of Canada's immigrants.

That's another 35,000 people a year who need a home, some buy houses and condos and some start off renting.

Who Are the Immigrants?

The well heeled immigrants have a net worth of $1.6M. Although BC gets 17% of total immigrants to the country, they attract nearly 50% of the investor class, most of whom settle in Vancouver and buy luxury real estate and have heavily attributed to the expensive housing market in the last three years.More...

The well heeled immigrants have a net worth of $1.6M. Although BC gets 17% of total immigrants to the country, they attract nearly 50% of the investor class, most of whom settle in Vancouver and buy luxury real estate and have heavily attributed to the expensive housing market in the last three years. There is currently a lull in the Mainland Chinese buyer demand but it is expected to rev up again in the coming years. The decreased demand has contributed to falling house prices in Vancouver's prime neighbourhoods.

July 2010

Metro Vancouver is over 287,000 hecacres, with a population of just over 2 million, based on the 2006 census. Vancouver consists of11,000 ecacres and has a population of 578,000. Demographics show the age group of 20-39 and 40-64 are tied at 34.5% each of the total population and 50% of the entire population of Vancouver moved since the last census.

The 2006 census shows the population of Vancouver to be 579,250. It was 426,000 in 1971. Downtown Vancouver has over 43,000 and is one of the most populated neighbourhoods. The mother tongue of 49% is English, followed by 25% Chinese.

In Vancouver, there are over 253,000 private households, of which 38% are one person households and 2.2 is the average size of the households. 149,000 are apartments, versus 103,000 ground oriented housing units. 48% own and 52% rent. In 1971 42% owned. The median income is $47,000 per household.

In Metro Vancouver 65% own and 35% rent.

In 1891 there were 13,000 in Vancouver. In 1991 there were 471,000. In 2001 there were 454,000.

The follwoing is an excerpt from Ozzie Juroxk in 2002.

In 1998 I ran a headline "No Way Garth" telling our subscribers not to listen to gurus that made us feel like yokels if we paid off our homes - nay, if we did not put a maximum mortgage on the house and put it into the stock market. Turner even said that: " ... traditional real estate - multi bedroom (Is there any other kind?) real estate has a dim future and if you own some you should sell it, or borrow against the equity and invest in financial assets like stocks and mutual funds ... " I (through the Real Estate Institute) also tried to get our own estimable master demographer David Baxter on the same panel with Dr. Foot, from "Boom Bust and Echo" - another anti-real estate writer. But Foot declined. Well, Baxter in a fine speech this week told a 'breathlessly attentive audience' (if you are not, you get lost in the numbers), why Turner and Foot not only were wrong but WILL REMAIN wrong.

Yes, there is a future in the real estate ownership and investment rental market.

Baxter projects 1,096,000 million more people (a 47% increase in population) by 2025-2030. 582,300 more households will be formed, which will require an additional 379,700 ground-oriented and 207,000 apartment units. That would mean a 75% in ground-oriented unit increase and an 83% in apartment owner occupancy ... not too many ground-oriented rentals. A further 60% increase in apartment rental (based on historical data, he sees a possible shift there as more tenants will buy their property).

Additionally, there will be some 626,406 dwelling units owned by people who do not own real estate today. (They are still playing with play stations ... and we are talking about 25-year olds/ live at homes here.) By 2031, in the Lower Mainland some 1,215,352 people will change their places of residence - in Baxter's view - a very conservative assumption.

Outlook:

  1. Real estate in metropolitan areas anywhere in Canada will be a good investment.
  2. There will be 1.2 million transactions even if there is no growth. Big turnover of side-ways buying.
  3. New generation of retirees - the two-pension income in households have more money to spend than ever before. They are not downsizing - rather they are buying across, same value, different lifestyle.
  4. All major urban (URBAN!) markets will do well. Urban real estate will almost always have a use and hence a positive asset value.
  5. Younger population will grow at a rate of 14 -16 %. There will be a 200% growth in the 65 plus group
  6. Strong growth ... also from people coming in from outside
  7. With every passing year we are less likely to live in a senior facility. We like to stay independent, are healthier and more fit and live longer (JREI has argued this for years).
  8. Great future for real estate in the Lower Mainland.
  9. Risks:
    • a. Unless there are outside factors such as rent control market (If you can't make a profit, there will be no building, no upgrading and values will drop, such as in Vancouver's downtown eastside. We want to preserve heritage, be environmentally friendly, provide cheap low-cost housing and create a sustainable community of drug users - and make money of it ... impossible. Like saying you want to lose weight, and then doing no exercise and eating like a horse.)
    • b. If taxes, interest rates raise disproportionate to income. Required yield or risk goes up faster than incomes NOI or GDS - However the real estate risk is not NORTEL - it does not go to '0'

A great presentation. David Baxter has been a guest speaker at 6 JREI 'Land Rush' conferences. His outlook has always been pro real estate - but with solid reasons ... and his forecasts have an uncanny knack of having been correct.

By Ozzie Jurock

---2004 UPDATE---

More people are finally coming to BC than fleeing it, a sign that times may be changing for the better in the province.More...

More people are finally coming to BC than fleeing it, a sign that times may be changing for the better in the province. In the third quarter last year, BC enjoyed a net inflow of 2614 residents from other provinces, according to BC Stats. This marked the first time in 6 years that the province gained - rather than lost - people through inter-provincial migration. Baxter says factors for the turnaround include improved stability and job growth.

In the past year, sectors that have enjoyed job growth include services, finance, insurance and real estate, professional, scientific and technological and public administration. Baxter also noted that the province has become a more business friendly, lower tax jurisdiction. The trend is expected to continue but still falls short of BC's record inflow of 40,000 in 1992.

Groups coming to BC include young people heading to the Lower Mainland for lifestyle and employment reasons. Retired people and those nearing retirement have also headed here.

Bexter said that the figures don't reflect the impact of the 2010 Winter Olympics. Population effects of the games won't likely be felt until 2 or 3 years from now, when construction kicks into gear in preparation for the event.

Public Transportation Website

This will be helpful if you are planning to live in the suburbs and wish to commute to Downtown Vancouver.More...

Here is a link to Vancouver's LRT (light rapid transit) the bus system, cycling routes and driving routes and metro vancouver highways and fares. This will be helpful if you are planning to live in the suburbs and wish to commute to Downtown Vancouver.

Real Estate Sites - International

Courtesy of: Chandler Realty, your Vancouver Canada Real Estate specialist in British Columbia Canada.More...

Courtesy of: Chandler Realty, your Vancouver Canada Real Estate specialist in British Columbia Canada. Visit our site for mls real estate listings, tips on buying or selling a home, and current real estate market trends. We also offer real estate tours in vancouver bc neighborhoods of your choice.

(If interested in a link exchange, please add our link and description as shown above and email maggiechandler@telus.net with your request to be added, as well as your linking details.)

International Real Estate listings

Dominican Real Estate at Sea Horse Ranch - Your source for luxury Dominican Real Estate on the north coast of the Dom Rep with gated exclusivity and ultra-luxury villas, and also offering Luxury Caribbean Vacation Villas with exceptional Caribbean beachfront views.

Century 21 Juan Perdomo has a large selection of residential properties for sale in the Dominican Republic with beachfront condos in Sosua and a wide array of properties for sale in Cabarete. Juan Perdomo has the most extensive experience on the north coast of the Dominican Republic

ShBarcelona is a real estate agency located in the center of Barcelona offering long term and short term apartments for rent. Most apartments are located in and around the city center. The agency also has a large inventory of apartments for sale in Barcelona.

Caribbean Ocean villa - Luxurious Caribbean villa for sale a gated community on the north coast of the Dominican Republic

Dominican Republic apartments - Luxury condos for sale on the North coast of the Dominican Republic

Playa Del Carmen Real Estate - Playa del Carmen Real Estate Homes Playa del Carmen Condos Beach Apartments Rentals Vacation Rentals for sale in Playa del Carmen Playacar Puerto Morelos Puerto Aventuras Tulum Riviera Maya Mayan Riviera Mexico.

Paradise Beach Homes has the perfect Pensacola Beach vacation rental for you! We offer Pensacola Beach accommodations including large Gulf front homes and condos to small cottages located on the Gulf of Mexico, Pensacola Bay, Santa Rosa Sound and Sabine Bay.

Puerto Vallarta Real Estate - Mexico Buyer's Guide offers professional advice on buying Puerto Vallarta real estate investments and links to many popular Mexico destinations. Request the free newsletter to learn more about the many benefits of investing in Puerto Vallarta homes and Puerto Vallarta real estate. Great resources for US, Canadian and global investors. Mexico Buyer's Guide is your best choice for buying Mexico real estate investments.

Toronto travel guide - Toronto online guide, maps and tourism information.

Real Estate Sites

Real Estate Sites in the US

Real Estate Sites - International

The Future of Vancouver Real Estate

Urban Futures provide knowledge, insight and information on growth and change to facilitate strategic planning in BC.More...

Urban Futures provide knowledge, insight and information on growth and change to facilitate strategic planning in BC, to understand how demographic and economic change will affect the Province and companies in the future. It studies the future of vancouver real estate as it relates as it relates to demographics.

Views of Vancouver from 1978

Want to see what the City looked like 30 years ago? Click belowMore...

Want to see what the City looked like 30 years ago? Click below
http://www.city.vancouver.bc.ca/commsvcs/fade/fadepanorama.htm

Vancouver Theatres

Vancouver has a number of theatres Downtown.More...

Vancouver has a number of theatres Downtown.

1) The Orpheum - built in 1927 and restored in 1977, it is a National Heritage Site and home to Vancouver Symphony Orchestra, Vancouver Bach Choir, Vancouver Chamber Choir and Vancouver Cantata Singers. The Orpheum seats 2,688 patrons

Location: Smithe at Seymour Street, Vancouver, British Columbia Google Map

2) The Queen Elizabeth was opened by Queen Elizabeth II in 1959 and accommodates 2,781 patrons. Vancouver Opera and Ballet British Columbia are the resident companies of the Queen Elizabeth Theatre.

Location: Hamilton at Dunsmuir, Vancouver, British Columbia Google Map

3 )Vancouver Playhouse - Adjacent to the Queen Elizabeth Theatre is the intimate, 668-seat Vancouver Playhouse. Ideal for live theatre, recitals, chamber music and contemporary dance, the Playhouse is home to the Playhouse Theatre Company, Vancouver Recital Society, Friends of Chamber Music and DanceHouse.

Location: Hamilton at Dunsmuir, Vancouver, British Columbia Google Map

4) ScotiaCentre Dance Centre - The eight-storey facility, which holds six rehearsal and performance studios, has a reflective glass design, created by Architectura, in collaboration with architect Arthur Erickson. It incorporates the facade of Scotiabank’s former Granville and Davie branch which was donated by the bank. The original building had been constructed in the 1920s as a branch of the Bank of Nova Scotia. Among the organizations the centre permanently houses are Ballet B.C., the Vancouver Ballet Society, DanceArts Vancouver and the Dance Centre Society. This building combines 5 dance studios of various sizes and a large rehearsal/performance studio.

Photograph Courtesy and Copyright of Derek Lepper - dereklepper.com

5) The Centre for Performing Arts - The Centre in Vancouver for Performing Arts is regarded as one of the premiere entertainment facilities in the city. Internationally acclaimed architect, Moshe Safdie created. Opened 1995, The Centre was originally named the Ford Centre for Performing Arts. During its tenure as Vancouver's premier performing arts facility, leading Broadway productions were showcased. Among others, patrons enjoyed Showboat, Sunset Boulevard, Phantom of the Opera, Joseph and the Amazing Technicolor Dreamcoat, Riverdance, and Ragtime.

Location: 777 Homer Street, Vancouver BC, Canada V6B 2W1

Guest Real Estate Articles

Why Hire a Professional Management Company?More...
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