I have sold a property at 707 1177 HORNBY ST in Vancouver.
London Place in the heart of downtown, steps to the West End and English Bay. This fantastic one bed and den, corner unit in London Place. Maple floors throughout, nice kitchen and bathroom cabinets, open floorplan with electric fireplace. Large wraparound, oversized windows. Free laundry on the same floor. Great building - updated lobby and media room, healthy contingency, 4 elevators, gym, bike room, visitor parking, rooftop hot tub and patio with BBQ area. Convenient location in the heart of Downtown, walking distance to everything you need! 2 storage lockers and 1 parking.
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Active Properties

Vancouver, BC
1 Bed, 1.0 Bath
$629,000
Vancouver, BC
2 Bed, 2.0 Bath
$869,000
Vancouver, BC
4 Bed, 2.0 Bath
$1,498,000
Vancouver, BC
1 Bed, 1.0 Bath
$599,000
Vancouver, BC
1 Bed, 1.0 Bath
$389,000
Vancouver, BC
4 Bed, 2.0 Bath
$1,399,000
Vancouver, BC
4 Bed, 2.0 Bath
$1,488,000
Vancouver, BC
3 Bed, 3.0 Bath
$1,988,000
North Vancouver, BC
2 Bed, 2.0 Bath
$750,000
Vancouver, BC
1 Bed, 1.0 Bath
$628,000
Vancouver, BC
1 Bed, 1.0 Bath
$588,000
Vancouver, BC
3 Bed, 2.0 Bath
$1,549,000
Vancouver, BC
1 Bed, 1.0 Bath
$6,280,000
Vancouver, BC
1 Bed, 1.0 Bath
$588,000
Coquitlam, BC
5 Bed, 3.0 Bath
$3,100,000
Coquitlam, BC
5 Bed, 2.0 Bath
$3,035,000
Coquitlam, BC
3 Bed, 1.0 Bath
$2,600,000
Coquitlam, BC
5 Bed, 3.0 Bath
$1,896,300
Coquitlam, BC
3 Bed, 3.0 Bath
$1,866,896
Vancouver, BC
6 Bed, 4.0 Bath
$3,000,000
Vancouver, BC
4 Bed, 2.0 Bath
$2,888,000
Vancouver, BC
4 Bed, 1.0 Bath
$2,488,000
Vancouver, BC
4 Bed, 2.0 Bath
$2,488,000
Vancouver, BC
4 Bed, 2.0 Bath
$2,488,000
Surrey, BC
1 Bed, 1.0 Bath
$375,000
Vancouver, BC
Bed, 1.0 Bath
$425,000
Vancouver, BC
2 Bed, 3.0 Bath
$1,295,000
Vancouver, BC
1 Bed, 1.0 Bath
$678,000
Maple Ridge, BC
5 Bed, 4.0 Bath
$879,000
Vancouver, BC
1 Bed, 1.0 Bath
$458,000
Coquitlam, BC
7 Bed, 8.0 Bath
$2,480,000
Coquitlam, BC
5 Bed, 4.0 Bath
$1,880,000
Vancouver, BC
4 Bed, 2.0 Bath
$2,488,000
Coquitlam, BC
3 Bed, 3.0 Bath
$1,368,000
Vancouver, BC
2 Bed, 2.0 Bath
$939,000
Vancouver, BC
3 Bed, 2.0 Bath
$1,458,000
Vancouver, BC
6 Bed, 4.0 Bath
$3,000,000
Vancouver, BC
4 Bed, 2.0 Bath
$2,888,000
Vancouver, BC
4 Bed, 2.0 Bath
$2,888,000
Vancouver, BC
4 Bed, 4.0 Bath
$1,599,000
Vancouver, BC
2 Bed, 2.0 Bath
$1,510,000
Vancouver, BC
2 Bed, 2.0 Bath
$968,000
Vancouver, BC
2 Bed, 2.5 Bath
$1,398,000
Burnaby, BC
2 Bed, 2.0 Bath
$788,000
Surrey, BC
3 Bed, 2.5 Bath
$599,000
Port Moody, BC
3 Bed, 3.0 Bath
$1,199,000
Vancouver, BC
5 Bed, 2.0 Bath
$1,499,000
Vancouver, BC
2 Bed, 2.5 Bath
$1,398,000
Vancouver, BC
Bed, 1.0 Bath
$4,043
Coquitlam, BC
5 Bed, 3.0 Bath
$1,880,000
Vancouver, BC
1 Bed, 1.0 Bath
$450,000
Vancouver, BC
5 Bed, 4.5 Bath
$1,938,000
Vancouver, BC
5 Bed, 3.0 Bath
$2,399,000
Vancouver, BC
4 Bed, 1.0 Bath
$1,499,000
New Westminster, BC
7 Bed, 3.0 Bath
$1,138,000
Vancouver, BC
2 Bed, 1.0 Bath
$1,420,000
Vancouver, BC
2 Bed, 3.0 Bath
$1,398,000
Burnaby, BC
1 Bed, 1.0 Bath
$419,000
Vancouver, BC
2 Bed, 3.0 Bath
$1,198,800
Burnaby, BC
5 Bed, 2.0 Bath
$1,499,000
Vancouver, BC
1 Bed, 1.0 Bath
$500,000
Vancouver, BC
1 Bed, 1.0 Bath
$649,000
Vancouver, BC
3 Bed, 3.0 Bath
$1,198,000
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Best of Vancouver: Real estate

Two Georgia Straight staffers offer their thoughts on the local property market

2 of 3
  • JANET MCDONALD

Best Cambie Street holdout

The King Edward Avenue area of Cambie Street seems to have been under construction since before the 2010 Olympics, and more than a decade later we are still seeing rapid change in the neighbourhood. There are a number of homeowners who are refusing to sell to developers, take the money, and run. One corner-lot owner is saying “no” with style and grace by carving a collection of happy faces into the hedges surrounding the home. It’s worth taking a detour to take a peek on the southeast corner of Cambie and West 27th Avenue.

 

Best indication that suburbia has become as unaffordable as Vancouver

 

Relative to other towns in the Lower Mainland, Mission has the cheapest detached homes. The operative word is relative. Buying a single-family home may soon become mission impossible in this town at the eastern terminus of the West Coast Express. A report by the Fraser Valley Real Estate Board shows that the benchmark price of a single-family residence in Mission increased to almost
$1 million ($999,100) in October 2021.

Best illustration that more density doesn’t mean affordable

Vancouver realtor David Hutchinson sold a detached home at 2475 East 2nd Avenue on May 29, 2019, for $1,330,000. The new owner demolished the old home and built a duplex, or two side-by-side homes, on the 49.5-foot lot. In August 2021, the two duplex halves sold for $1,650,000 each, for a combined $3.3 million. That’s 148 percent more than the purchase price of the original home. As Hutchinson observed, “Increased density seems to come with a lack of affordability”.

JANET MCDONALD

Best modern-day Cubism

Across the street from Vancouver’s iconic main library on West Georgia Street is an equally unusual building that has left many downtown residents wondering what the architects were consuming during the conceptual stage. It is so weird that Apple has decided to make it the home of their new local head office. The Deloitte Summit office tower is 24 storeys high, with alternating glass cubes. It required special metal fabrication to support the giant glass structure, which will also have lush green walls peeking out from the abstract geometrics.

Best reminder to be nice with licensing authorities

It doesn’t hurt to be pleasant. Especially with people who grant professional accreditations. A man wanting to renew his broker’s licence with the then–Real Estate Council of B.C. doomed his application because of his behaviour. The regulatory body described it as something that “went beyond mere rudeness”. The person, whose identity was redacted in a decision, called the head of the council at the time, Erin Seeley, the “Worst CEO in History”. Even worse, the guy also claimed in an official communication that Seeley is a friend of disgraced Hollywood producer and convicted sexual offender Harvey Weinstein. Moreover, the applicant called another staff member, the RECBC’s legal counsel, a “piece of shit”.

Best pockets of housing affordability in Vancouver

Adam Major, cofounder and CEO of real-estate information site Zealty.ca, lists neighbourhoods in Vancouver that may be considered as rare pockets of housing affordability. For the West Side of the city, Marpole is the most affordable neighbourhood for condos or apartments, with a median price as of September 2021 set at $653,000. Marpole is the also cheapest area for detached homes on the West Side, where the median price is $2,445,000. As for the East Side, Major said that apartments or condos are most affordable in Hastings-Sunrise, with a median price of $521,500. For detached homes in East Vancouver, Collingwood is the place to go, where the median price is $1,570,000.

Best proof that some kids are luckier than others

Being born to a well-to-do family fetches a lot of advantages. These extend to homebuying in adult life. A CIBC report estimates that Canadian parents gifted more than $10 billion to help their children buy homes during the past year. In Vancouver, the manna from mom and dad in the first quarter of 2021 averaged $180,000 each for first-time homebuyers. The amount is even larger for mover-uppers, or those moving to bigger properties. In the first quarter of 2021, these Vancouver buyers got an average of $340,000 each.

Best method to tear down a house

There’s a way of taking down a house that is Earth-friendly. Unbuilders is a Vancouver-based company specializing in deconstruction and salvage. The company unbuilds homes piece by piece, reclaiming reusable materials, particularly wood. It means that Unbuilders is able to divert about 50 tonnes of material from the landfill on every residential job. In addition, the company works with Habitat for Humanity Greater Vancouver, a nonprofit that helps people build affordable housing. The way this works is that a homeowner will donate wood reclaimed from their old house to the nonprofit. The wood’s value is appraised by a third party, and Habitat for Humanity issues a tax receipt in return.

Best local end to the Trump era

The all-caps name is still up at the now-closed TRUMP Hotel on West Georgia Street, but there are signs of change in the air. Yellow tape and covered windows adorn the entrance to the former guy’s namesake. No doubt the residents of the luxury apartments would like a rebrand not negatively affecting the first impression of a potential buyer.

Best evidence of a class bias in housing

Manufactured homes nowadays are superior in design and durability compared to the trailers made during the 1960s and 1970s. They are also more affordable than conventional homes. However, governments don’t seem to like them. Al Kemp, executive director of the Manufactured Home Park Owners Alliance of B.C., says it’s a form of “class bias”. As Kemp observed, “You talk to politicians and many in the media and all they can think of is, you know, Trailer Park Boys or trailer trash, that sort of thing.”

Best proof that when it comes to Vancouver real estate, everything sells

Here in Vancouver, people buy and sell not only homes but parking spaces and storage rooms. Even condos in a declared leaky development on East Broadway changed hands, although no financing is available for such properties.

 

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Please visit our Open House at 707 1177 HORNBY ST in Vancouver.
Open House on Sunday, November 14, 2021 1:00PM - 3:00PM
London Place in the heart of downtown, steps to the West End and English Bay. This fantastic one bed and den, corner unit in London Place. Maple floors throughout, nice kitchen and bathroom cabinets, open floorplan with electric fireplace. Large wraparound, oversized windows. Free laundry on the same floor. Great building - updated lobby and media room, healthy contingency, 4 elevators, gym, bike room, visitor parking, rooftop hot tub and patio with BBQ area. Convenient location in the heart of Downtown, walking distance to everything you need! 2 storage lockers and 1 parking. OPEN HOUSE SUNDAY 1-3 PM
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I have listed a new property at 707 1177 HORNBY ST in Vancouver.
London Place in the heart of downtown, steps to the West End and English Bay. This fantastic one bed and den, corner unit in London Place. Maple floors throughout, nice kitchen and bathroom cabinets, open floorplan with electric fireplace. Large wraparound, oversized windows. Free laundry on the same floor. Great building - updated lobby and media room, healthy contingency, 4 elevators, gym, bike room, visitor parking, rooftop hot tub and patio with BBQ area. Convenient location in the heart of Downtown, walking distance to everything you need! 2 storage lockers and 1 parking.
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David Hutchinson

Agent

 

Office
604-714-1700
Mobile
778-839-5442

Sutton Group West Coast
301-1501 Broadway
Vancouver, BC
V6Z 3A9
 
Sutton Group West Coasts David Hutchinsons listings appear on 850+ websites. Averaging over 3 million visits per month. Vancouvers hardest working, award-winning Realtor with more than 4 million viewers, and Juwai which is visited by buyers each day from over 315 cities throughout China. Including the very best professional photos & Interactive 3-DDD TOURS, and NY TIMES advertising that drive Buyers to your property to sell your home for the best price possible!


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Active Properties

Vancouver, BC
2 Bed, 2.0 Bath
$869,000
Vancouver, BC
4 Bed, 2.0 Bath
$1,498,000
Vancouver, BC
1 Bed, 1.0 Bath
$599,000
Vancouver, BC
1 Bed, 1.0 Bath
$389,000
Vancouver, BC
4 Bed, 2.0 Bath
$1,399,000
Vancouver, BC
4 Bed, 2.0 Bath
$1,488,000
Vancouver, BC
3 Bed, 3.0 Bath
$1,988,000
North Vancouver, BC
2 Bed, 2.0 Bath
$750,000
Vancouver, BC
1 Bed, 1.0 Bath
$628,000
Vancouver, BC
1 Bed, 1.0 Bath
$588,000
Vancouver, BC
3 Bed, 2.0 Bath
$1,549,000
Vancouver, BC
1 Bed, 1.0 Bath
$6,280,000
Vancouver, BC
1 Bed, 1.0 Bath
$588,000
Coquitlam, BC
5 Bed, 3.0 Bath
$3,100,000
Coquitlam, BC
5 Bed, 2.0 Bath
$3,035,000
Coquitlam, BC
3 Bed, 1.0 Bath
$2,600,000
Coquitlam, BC
5 Bed, 3.0 Bath
$1,896,300
Coquitlam, BC
3 Bed, 3.0 Bath
$1,866,896
Vancouver, BC
6 Bed, 4.0 Bath
$3,000,000
Vancouver, BC
4 Bed, 2.0 Bath
$2,888,000
Vancouver, BC
4 Bed, 1.0 Bath
$2,488,000
Vancouver, BC
4 Bed, 2.0 Bath
$2,488,000
Vancouver, BC
4 Bed, 2.0 Bath
$2,488,000
Surrey, BC
1 Bed, 1.0 Bath
$375,000
Vancouver, BC
Bed, 1.0 Bath
$425,000
Vancouver, BC
2 Bed, 3.0 Bath
$1,295,000
Vancouver, BC
1 Bed, 1.0 Bath
$678,000
Maple Ridge, BC
5 Bed, 4.0 Bath
$879,000
Vancouver, BC
1 Bed, 1.0 Bath
$458,000
Coquitlam, BC
7 Bed, 8.0 Bath
$2,480,000
Coquitlam, BC
5 Bed, 4.0 Bath
$1,880,000
Vancouver, BC
4 Bed, 2.0 Bath
$2,488,000
Coquitlam, BC
3 Bed, 3.0 Bath
$1,368,000
Vancouver, BC
2 Bed, 2.0 Bath
$939,000
Vancouver, BC
3 Bed, 2.0 Bath
$1,458,000
Vancouver, BC
6 Bed, 4.0 Bath
$3,000,000
Vancouver, BC
4 Bed, 2.0 Bath
$2,888,000
Vancouver, BC
4 Bed, 2.0 Bath
$2,888,000
Vancouver, BC
4 Bed, 4.0 Bath
$1,599,000
Vancouver, BC
2 Bed, 2.0 Bath
$1,510,000
Vancouver, BC
2 Bed, 2.0 Bath
$968,000
Vancouver, BC
2 Bed, 2.5 Bath
$1,398,000
Burnaby, BC
2 Bed, 2.0 Bath
$788,000
Surrey, BC
3 Bed, 2.5 Bath
$599,000
Port Moody, BC
3 Bed, 3.0 Bath
$1,199,000
Vancouver, BC
5 Bed, 2.0 Bath
$1,499,000
Vancouver, BC
2 Bed, 2.5 Bath
$1,398,000
Vancouver, BC
Bed, 1.0 Bath
$4,043
Coquitlam, BC
5 Bed, 3.0 Bath
$1,880,000
Vancouver, BC
1 Bed, 1.0 Bath
$450,000
Vancouver, BC
5 Bed, 4.5 Bath
$1,938,000
Vancouver, BC
5 Bed, 3.0 Bath
$2,399,000
Vancouver, BC
4 Bed, 1.0 Bath
$1,499,000
New Westminster, BC
7 Bed, 3.0 Bath
$1,138,000
Vancouver, BC
2 Bed, 1.0 Bath
$1,420,000
Vancouver, BC
2 Bed, 3.0 Bath
$1,398,000
Burnaby, BC
1 Bed, 1.0 Bath
$419,000
Vancouver, BC
2 Bed, 3.0 Bath
$1,198,800
Burnaby, BC
5 Bed, 2.0 Bath
$1,499,000
Vancouver, BC
1 Bed, 1.0 Bath
$500,000
Vancouver, BC
1 Bed, 1.0 Bath
$649,000
Vancouver, BC
3 Bed, 3.0 Bath
$1,198,000
 
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Canadian real estate professionals advising clients to sell this winter

Nov 1 2021, 9:41 am

An overwhelming majority of Canadian real estate professionals would advise their clients to sell their properties this winter rather than waiting until spring, according to a new report from Royal LePage.

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In a survey of 950 real estate professionals across Canada, 79% said they would recommend selling this winter, given the current strength of the seller’s market. This is 15 points higher than the 64% who recommended listing in the winter before the pandemic.

There’s a commonly held belief, the report says, that it’s best to wait out the winter and list your property in the spring. But market conditions during the pandemic have totally changed that.

Of those who recommended selling, 82% cited the main reason as the lack of housing supply in their region coupled with high demand — a perfect storm that creates a very strong seller’s market.

“Last year, we saw one of the busiest winter markets in our history, and with demand continuing to climb, this winter will be another very active market in British Columbia and across the country,” said Adil Dinani, a sales representative with Royal LePage West Real Estate Services in Vancouver. “Our housing supply is terribly inefficient and simply can’t keep up with demand. Even if there are fewer buyers in the winter, it is unlikely there will be enough inventory on the market to satisfy demand.”


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The recommendations to sell were strongest amongst respondents in British Columbia (93%), Quebec (87%), and Atlantic Canada (85%). Out of Canada’s largest cities, Greater Vancouver had the highest number of respondents urging sellers not to wait. But it’s not the only urban market where potential sellers may want to consider listing.

“When deciding the best time of year to list your home, there are many important factors to consider. But if you are not under any time constraints, current market conditions in the Toronto area are favouring the seller, which is not typical most winters,” said Tom Storey, real estate agent, Royal LePage Signature Realty in Toronto. “While we expect another brisk spring market in 2022, homeowners today have a lot of flexibility as demand continues to significantly outstrip supply.”

Laura HanrahanLaura Hanrahan

+ REAL ESTATE
+ URBANIZED
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These Vancouver homes are all listed for $600K, which one would you want?

Oct 29 2021, 5:00 pm

You can’t buy a house in Vancouver for under a million dollars, at least. But if you’re looking for something that’s at least a realistic purchase – there are still lots of homes on the market you don’t have to be a millionaire to afford.

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These Vancouver homes are listed for just under $600,000 – which one do you like the most?

208 – 2556 East Hastings Street

vancouver homes

Exp Realty

  • Asking price: $599,000
  • Neighbourhood: Renfrew/East Hastings
  • Studio
  • One bathroom
  • 905 square feet
  • Other features: Mountain views, built in 1995, shared rooftop garden.

316 – 933 Seymour Street

vancouver homes

Oakwyn Realty Downtown Ltd.

  • Asking price: $599,900
  • Neighbourhood: Downtown
  • One bedroom
  • One bathroom
  • 663 square feet
  • Other features: office/solarium, New York style warehouse loft bedroom, building has storage, garden, and club house.
You might also like:

105 – 2250 West 43rd Avenue

Vancouver homes

Oakwyn Realty Ltd.

  • Asking price: $599,800
  • Neighbourhood: Kerrisdale
  • Three bedroom
  • One bathroom
  • 1,254 square feet
  • Other features: co-operative housing, modern bathroom, quiet location, corner unit, no rentals and no pets.

PH6 – 2733 Chandlery Place

Vancouver homes

Keller Williams Elite Realty

  • Asking price: $599,900
  • Neighbourhood: River District
  • Two bedrooms
  • Two bathrooms
  • 767 square feet
  • Other features: South-facing corner penthouse, across the street from a golf course, air conditioning, two private and double-gated parking stalls.

2005 – 1308 Hornby Street

vancouver homes

Exp Realty

  • Asking price: $599,900
  • Neighbourhood: Downtown
  • One bedroom
  • One bathroom
  • 471 square feet
  • Other features: Den, floor-to-ceiling windows, pet-friendly, building has a fitness centre, social lounge, and rooftop garden.

You might also like:
Sarah AndersonSarah Anderson

+ REAL ESTATE
+ VANCOUVER HOMES
+ URBANIZED
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What rooms look like inside Canada's first all-inclusive mountain resort (PHOTOS)

Oct 19 2021, 9:59 am

Canada’s first-ever Club Med resort is scheduled to open this winter, offering an all-inclusive mountain getaway in Charlevoix, Quebec, and the first look of its rooms has been revealed.

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The brand’s first resort in the country is a four-season all-inclusive ski resort scheduled to open on December 3, 2021.

The all-season experience will offer a diverse portfolio of activities for a mountain resort surrounded by Quebec’s gorgeous outdoors.

In an email shared with Daily Hive, Club Med Québec Charlevoix says the 302-room resort honours the land on which it resides with unique interiors that pay tribute to its Canadian heritage.

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The Club Med Québec Charlevoix resort will feature breathtaking waterfront views, ideal for skiers and snowboarders, and accommodations will be open for families, couples, singles, and friends.

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Club Med Québec Charlevoix will feature 302 rooms, 25 suites, a 23-metre-long heated pool, spa amenities, and all the downhill skiing winter fans could ask for.

Guests will be offered international delights at three “signature dining concepts,” the main restaurant, Le Marché, the family restaurant, Terroir & Co, and the gourmet lounge, Le Chalet.

Passes are available now, and resort-hopefuls can choose from two-night, three-night and seven-night packages, including ski passes, ski lessons, Kids Clubs, and unlimited access to après ski activities.

The Club Med website says its Charlevoix location will offer the “most spectacular skiing east of the Rockies” and have an “extensive portfolio” of dogsledding, snowmobiling, ice-fishing, and ice-canoeing.

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As of now, rates start at $210 per adult a night, all-inclusive.

Located just 90 minutes away from Quebec City (in the Le Massif de Charlevoix region), the four-season all-inclusive mountain resort is spread across over 300 acres of a preserved natural landscape. It features sweeping views of the scenic St. Lawrence River.

Spread out across Exclusive Collection Suites, Deluxe, and Superior Rooms, here’s what the interior of the majestic resort looks like.

Exclusive Collection Suites

Club Med

Club Med

Club Med

Club Med

Club Med

Club Med

Club Med

Club Med

Deluxe Rooms

Club Med

Club Med

Club Med

Club Med

Superior Rooms

Club Med

Club Med

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Toronto And Vancouver Real Estate Is Now Much Less Affordable Than LA, New York


Think Toronto or Vancouver real estate is too expensive? Then consider more affordable places like Los Angeles, New York, or San Francisco. Oxford Economics released its North American Housing Affordability Index (HAI) for Q2 2021. The global forecasting firm found affordability has deteriorated across North America. Toronto and Vancouver real estate were in a league of their own though. The cities are now less affordable than traditional expensive global power cities, like Los Angeles and New York.

The Housing Affordability Index

The HAI measures the cost of carrying a home, in contrast to the borrowing capacity of a median household. It uses a point system, where higher numbers mean less affordable, and 1.0 means the full budget. An index of 1.0 means a home costs the maximum budget a median household can afford. If it’s 0.75, the household’s maximum budget is 25% higher. Similarly, an index of 1.25 means a median household needs 25% more than they earn to afford a home. Each city’s score is based on regional incomes.

At first glance, a 1.0 score might seem ideal. However, the more a household spends on housing, the less they have to spend on other areas of the economy. This results in slower economic growth at the expense of real estate. If a region isn’t a luxury region like Monaco, it might have a tough time keeping younger people. Not an issue for wealthy regions with a well-managed tax base. A huge problem for regions dependent on younger people to carry the tax base.  

Housing Affordability Fell Across North America

In general, housing affordability fell across English-speaking North America. The US saw its index rise to 0.77 in Q2 2021, up 3 basis points (bps) from the previous quarter. In other words, the cost of housing was 23% lower than the maximum local incomes could support. An obvious culprit here is home prices rising much faster than incomes. Less obvious is mortgage costs creeping back up to higher and more natural rates.

Canadian real estate affordability deteriorated much faster, and started in a worse place. Canada’s index reached 1.35 in Q2 2021, up 5 bps from the previous quarter. Housing costs are 35% higher than the typical household can afford, and are projected to get worse. Not due to rising home prices, which the firm sees hitting a plateau soon. Affordability is set to deteriorate as rates begin to normalize from stimulus-driven levels. Rising rates also tend to push prices lower though, so we’ll see how this goes.

Vancouver Real Estate Is The Least Affordable In North America

Vancouver is once again the king of unaffordable real estate in North America. The index for the City reached 1.71 in Q2 2021, up 3.4 bps from the previous quarter. A median household needs 71% more income than they make to carry homes at these prices. The firm sees rising mortgage rates adding another 6 bps to the index by the end of next year. Good for Vancouver. It needed the win after losing the top spot on the UBS Global Bubble Index.  

Toronto Real Estate Is The Third Least Affordable City

Toronto real estate came in third — more affordable than Vancouver, but less than New York City. The city’s index reached 1.56 in Q2 2021, up 3 bps from the previous quarter. The analysts see the index rising another 9.6 bps by the end of next year. A median household needs 56% more income than they make, and that’s going to hit 65.5% by next year.

Toronto recently claimed the spot of the second largest bubble in the world. A real accomplishment, considering it wasn’t considered a bubble city just 5 years ago. That’s some exuberant home price growth. 

Los Angeles Real Estate Is The 8th Worst Market For Affordability

Los Angeles real estate came in 8th, looking like a deal in contrast to Vancouver. The city fell to 1.45 in Q2 2021, up 2.7 bps from the previous quarter. It’s forecast to rise another 4.7 bps by the end of next year, still more affordable than Toronto is today. 

Ottawa Real Estate Is The 9th Worst Market For Affordability

Canada managed to squeeze in another real estate market with dwindling affordability — Ottawa. The index reached 1.39 in Q2 2021, up 2.1 bps from the previous quarter. Already 39% more expensive than the median family can afford, the firm expects a whopping 17.2 bps climb by next year. That would put Ottawa at Toronto’s affordability level today. Canadian politicians will totally do something, they just need to check the price of their home first.

Montreal Real Estate Is Equally Affordable To Miami, NYC, And Seattle

Montreal real estate used to be known as a place with cheap housing — but you might as well move to NYC at this point. Montreal, Miami, and New York City (NYC) all ranked 1.04 on the index in Q2 2021. Seattle, which is undergoing a notorious housing crisis, was just a hair higher at 1.07. The forecast has Montreal becoming more expensive than NYC on a relative basis by next year. Which makes sense, since Greater NYC’s GDP is the size of Canada’s whole GDP, but Montreal has better bagels. Checkmate. 

North American real estate prices are rising at a rapid rate, and it doesn’t matter where — prices are soaring. Boise real estate is now the second least affordable market in North America, if you can believe it. This isn’t a result of fundamentals by any measure, it’s an intended consequence of policy decisions. 

There’s no other way to read the flood of mortgage liquidity at a time when home sales were at record highs. The resulting inflation is now trickling into other areas of the economy. This will push rates higher, regardless of whether economies are ready or not. If rising rates don’t trigger a correction, affordability deteriorates further.

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Real estate bargains in Metro Vancouver? If there are any left, here's where to begin your search

Holywell Properties’ real-estate information site, Zealty.ca, helped the Straight take a good look across the region and into the Fraser Valley

2 of 3
  • Areas like Collingwood, which is home to Rupert Street, are among the last affordable real-estate pockets in Vancouver. Photo by Janet McDonald.JANET MCDONALD

When it comes to housing in Vancouver, many believe that affordability has long left the building.

So if that’s the case, why even bother talking about it?

 

As realtor Adam Major explains in a phone interview with the Straight, it’s because people require homes, no matter what.

“Individuals need to look at what is affordable for them and decide what they want to do,” Major said.

 

They can either buy or rent, and that’s entirely up to them.

“It’s okay to be a renter,” noted Major, who is a managing broker with Holywell Properties.

Now for those looking to buy, there are neighbourhoods in and around Vancouver that may be considered as pockets of affordability.

 

The Straight asked Major to identify some of these areas because of his access to granular data.

In addition to his title of managing broker, he is also the cofounder and CEO of Holywell Properties’ real-estate information site, Zealty.ca.

To digress a bit, Zealty started in 2006 as a virtual map of homes for sale on the Sunshine Coast, where the brokerage is based.

Major’s colleague, Gary Little, wrote the computer program. Little is also a realtor and he previously worked in Silicon Valley. He cofounded Zealty with Major, and serves as its chief technology officer.

The map has since grown into a rich online resource, which includes listings and sold properties, as well as fine-grained data like price per square foot, days on the market, and so on.

Zealty uses data from the real estate boards of Greater Vancouver, Fraser Valley, and the Chilliwack district. The site is updated several times a day.

To zero in on these pockets of housing affordability, Major used median price or the middle point for prices as main parameter.

“Median price gives you the broadest sense of what’s happening in that neighbourhood and what can you buy in that neighbourhood,” he explained in the phone interview.

He also separated detached homes from condos or apartments, because if one combines these two types of properties, this will make a big difference in overall median price.

For the search, Major looked at all sales from January to September 2021.

And so, the area with the lowest median price is where buyers may want to look into, if affordability is what they are after.

Vancouver

For the West Side of Vancouver, Major said that the most affordable neighbourhood for condos or apartments is Marpole. It has a median price of $653,000 as of September 2021.

Major suggested that the best value for money is Downtown and the West End because of their location. The median apartment prices are $690,000 and $692,750, respectively.

However, he observed that condo units in these two places are generally smaller, which does not work for families.

For detached homes, the cheapest neighbourhood in the West Side of Vancouver is also Marpole, where the median price is $2,445,000.

On the East Side of Vancouver, apartments or condos are most affordable in Hastings-Sunrise, with a median price of $521,500.

Major noted that neighbourhoods in East Vancouver like Victoria, Killarney, Grandview, Fraserview, and Collingwood have apartments averaging less than $600,000.

“Main Street is now $885,000—thank the hipsters,” Major said.

For detached homes in East Vancouver, Collingwood is the most affordable place, with a median price of $1,570,000.

“Strathcona, which used to be an island of affordability, has gone full gentrification and is now almost $2 million for a detached home,” Major noted.

Burnaby and New West

Past Boundary Road and into Burnaby, the Zealty CEO noted that the best deal for apartments is in the Cariboo neighbourhood near the Lougheed Town Centre. The median price is $425,000.

One can also look along East Hastings Street in the Capitol Hill area, where the median price is $512,000 as of September 2021.

“A lot of the new buildings near Brentwood and Metrotown have the effect of pushing up the median price in those neighbourhoods,” Major noted.

In Brentwood, the median price for condos is $717,000. In Metrotown, it’s $673,400.

For detached homes in Burnaby, Major said that the most affordable neighbourhood is Greentree Village near BCIT. The median price is $1,398,900.

Farther east, Major described New Westminster as a “good place to find an affordable home”.

“It is a smaller municipality, but there are several neighbourhoods where the median price is around $450,000,” he noted.

The cheapest apartments can be found in the city’s West End neighbourhood, where the median price is $380,000.

Meanwhile, New Westminster’s Uptown is the best for detached homes. The median price is $1,105,000.

Realtor Adam Major notes that all markets usually overcorrect in the opposite direction.Realtor Adam Major notes that all markets usually overcorrect in the opposite direction.

North Shore and Richmond

The Straight also asked for Zealty data about the North Shore, which is North Vancouver, District of North Vancouver, and West Vancouver.

Major noted that the best deal for apartments or condos is in the Cedardale area of West Vancouver. The median price is $572,500.

“For detached, nothing on the North Shore is cheap, but West Lynn is likely the best bang for your buck,” the Holywell Properties executive noted.

The median price in West Lynn is $1,695,000, or $135,000 cheaper than neighbouring Lynn Valley. “And you can still ride your bike to Fromme,” Major said, referring to one of the North Shore mountains and a popular destination for hiking and biking.

Richmond lies to the south of Vancouver.

In Richmond’s Granville neighbourhood, Major said that the median price for an apartment is a “surprisingly affordable” $280,000.

“Pro tip: if you buy an apartment on the second floor or above, you don’t have to worry about global warming,” Major joked.

For detached homes, the most affordable neighbourhood in Richmond is East Cambie. The median price is $1,543,500 in this area.

Outer suburbs

Coquitlam, Port Coquitlam and Port Moody make up the Tri-Cities.

“For apartments, Central Coquitlam, along Austin Avenue, is the best deal,” Major said. The median price is $402,500.

For detached homes, Major noted that the neighbourhood of Meadowbrook is cheaper than the median price for the rest of Coquitlam.

“Just up the Lougheed Highway, to the right of the old Riverview Hospital, the median detached price in Meadowbrook is $1,030,000,” he said. The realtor explained that it is significantly below the overall median price for Coquitlam of $1,535,000.

Going to Surrey and Delta, Major stated that Annieville could be the best place to look for an apartment or condo. The median price is $405,000.

“Older neighbourhoods, which were known for cheaper housing, like Whalley, have seen so much development that they have actually pushed the median price up,” he noted.

In Surrey’s Whalley area, the median price is $428,000.

For detached, the neighbourhood to go to is Bridgeview, which is near the Patullo Bridge. The median price is $1,050,000.

“There are some very expensive neighbourhoods in White Rock and South Surrey, where the median price is well over $2 million,” Major noted.

To the east in the Langley area, the Zealty executive noted that the median price in the city of Langley for an apartment is $433,000.

For detached homes, Major said that nothing is under $1 million. The city of Langley and Aldergrove offer the most affordable, with a median price of $1,160,000 and $1,021,750, respectively.

This week's cover of the <em>Georgia Straight</em> was illustrated by Shayne Letain and designed by Miguel Hernandez.This week's cover of the Georgia Straight was illustrated by Shayne Letain and designed by Miguel Hernandez.

Fraser Valley

For homebuyers who do not mind driving a lot if they work in or near Vancouver, Major said Chilliwack offers the “cheapest housing in the Lower Mainland”.

The median price for an apartment in downtown Chilliwack is $265,000.

For detached homes, $825,000 is the median price in all of Chilliwack.

“To get below $800,000, you have to go all the way to Hope, where the median price is $623,750,” Major said.

Now for the big picture, the Zealty cofounder shares a basic formula on how home prices increase as one gets closer to Vancouver from the suburbs.

“There is about a 20 percent increase in median detached prices as you drive along the Trans-Canada Highway, and go from town to town,” Major said.

Let’s start from Chilliwack, where the overall median price for a single-family home is $825,000.

Major pointed out that the price increases by 20 percent in Abbotsford ($1,092,000), then another 20 percent in Langley ($1,395,000), and only slightly in Surrey ($1.4 million).

By the time one gets to Burnaby, it’s $1,765,000.

When a homebuyer reaches Main Street in Vancouver, the median price is $2,150,000. In Shaughnessy, the median price hits $5,850,000.

Major noted that things level off a bit as one heads further west. Median prices of detached homes in Kerrisdale and Kitsilano are $3,105,000 and $2,816,500, respectively.

The same thing happens with apartments or condos. However, Major stated that the rate of increase is lower at 15 percent as homebuyers drive from town to town.

To illustrate, Major noted that one can start with the median price for an apartment in Chilliwack at $299,950, and then get to $750,000 when one arrives on the West Side of Vancouver.

Again speaking about the big picture, Major noted that the median price of a detached home for all of Greater Vancouver, Fraser Valley, and Chilliwack is $1.5 million.

For apartments or condos, it’s $590,000.

And for all types of houses in these three real-estate markets, including townhomes, the median price as of September 2021 is $851,000.

In the phone interview, Major told the Straight that there are several reasons why homes have become very expensive.

“The causes for the affordability crisis are many, but I think these can be boiled down to a collective failure at all levels of government for the last couple of decades,” he said.

There’s one prospect that frightens Major, who has been with Holywell Properties since 2006.

“All markets, whether they be housing, the stock market, et cetera, eventually revert back to the mean, and often overcorrect in the opposite direction,” he said.

Major continued: “The housing bubble in Vancouver has gotten so big and gone on for so long, it’s scary to think what a correction could look like.”

Follow Carlito Pablo on Twitter @carlitopablo.
 

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I have sold a property at 3296 TURNER ST in Vancouver.
Good, solid house in a great central location steps to everything Vancouver has to offer. Steps to the PNE; Hastings Community Centre & Gym; Dr. A.R. Lord Elementary School; transportation line to UBC; the highway to Whistler and Kelowna; Hastings East Village shops and restaurants; Burnaby Heights; New Brighton Park & swimming pool; minutes to downtown/Yaletown Vancouver. All this convenience in a 4-bedroom/2-bathroom house with mountain view, and an in-law suite downstairs in a cozy, little village-style neighbourhood. The home has been in the family for years featuring a garden of fig trees and roses. Professionally measured by Keyplan. Buyer to verify all property details and measurements.
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I have sold a property at 1304 1238 BURRARD ST in Vancouver.
Excellent value 2-bedroom, 2-bathroom corner suite one floor below the penthouse at the Altadena with views to everything Vancouver has to offer! This bright home features gas fireplace, a large solarium/office, and a flex room/den. Engineered hardwood oak flooring Excellent separation of bedrooms provide for an efficient layout. PETS/RENTALS/Airbnb OK. Re-piped in 2017, and updated common areas. 1 parking, storage locker, and visitor parking. Amenities include renovated gym with steam sauna, theatre room, bike room, and lounge with outdoor patio. Located in the heart of the city & steps to all the wonderful amenities of Vancouver from Vancouver House to local beaches! Onsite caretaker. 24-hour notice required. Buyer to verify all measurements. Measurements by Absolute Measuring.
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I have sold a property at 205 15272 19 AVE in Surrey.
Wonderful White Rock location! Large 2-bedroom/2-bathroom facing beautiful Bakerview Park in a quiet cul-de-sac. No pets allowed. Rentals allowed, but max of 6 (rentals are currently maxed). No age restrictions. Very pro-active strata - building was rain screened with new cement fibre siding in 2013. New roof was completed in 2019. Great building amenities include club house with piano, hot tub and exercise center. Quick possession available. Walking distance to restaurants and shopping! Buyer to verify all measurements. BC Assessment 885 sq ft. Professionally measured by Keyplan Measuring 1055 sq ft including enclosed solarium.
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Here is how much you'll pay for a one-bedroom apartment in Metro Vancouver this October

The city continues to see some of the most expensive rent in Canada.

Vancouver apartment prices have levelled off in October following a sharp increase in cost, according to a new report. 

Liv.rent, a rental platform based in Vancouver, creates monthly rent reports for the region and finds that most areas of Metro Vancouver haven't seen an increase in prices.

Overall, the average rent for an unfurnished apartment in October in the Metro Vancouver region is $1,800, according to the latest report

 
 
 
 
 
 

Surrey and Coquitlam offer the most affordable places to rent in October, however. In contrast, West Vancouver saw a spike in rent for unfurnished one-bedrooms, with an increase of 14.53 per cent from September to October. 

Interestingly, Metro Vancouver has been seeing lower prices for furnished apartments in comparison to unfurnished ones in areas such as Burnaby, Surrey, Richmond, West Vancouver, Coquitlam and New Westminster. 

The report authors say this trend has "been happening for several months now in Toronto" and that a similar one could start occurring in Vancouver, where furnished units are cheaper than unfurnished.

Report authors also note that rent has "cooled off slightly" in Downtown Vancouver after rising last month. This trend was observed for both furnished and unfurnished units.

Data gathered on renters’ income-to-rent ratio quarterly shows that Vancouver renters who use liv.rent pay, on average, 35.25 per cent of their income toward rent.

"While traditional financial advice would be to spend no more than 30 [per cent] of your income on rent, this advice is perhaps not well suited to the realities of renting in cities like Vancouver," reads the report.

In October, the most affordable places for square footage are Surrey and Coquitlam while the most expensive is Downtown Vancouver.

Overall, rent per square foot in Metro Vancouver is $2.57 while in Toronto it’s $2.20.




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Please visit our Open House at 3296 TURNER ST in Vancouver.
Open House on Saturday, October 2, 2021 2:00PM - 3:00PM 778-839-5442 to make an appointment.
Good, solid house in a great central location steps to everything Vancouver has to offer. Steps to the PNE; Hastings Community Centre & Gym; Dr. A.R. Lord Elementary School; transportation line to UBC; the highway to Whistler and Kelowna; Hastings East Village shops and restaurants; Burnaby Heights; New Brighton Park & swimming pool; minutes to downtown/Yaletown Vancouver. All this convenience in a 4-bedroom/2-bathroom house with mountain view, and an in-law suite downstairs in a cozy, little village-style neighbourhood. The home has been in the family for years featuring a garden of fig trees and roses. Professionally measured by Keyplan. Buyer to verify all property details and measurements.
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I have sold a property at 404 1534 HARWOOD ST in Vancouver.
Gorgeous, renovated 1-bedroom and one-bath leashold condo in a fantastic West End location One block to Beach Ave & English Bay on lovely tree lined street. Renovated, open plan with hardwood and tiled floors. Quiet & peaceful location. Steps to beach, Seawall, Stanley Park, shopping & restaurants. Parking $120 (16) & locker $40 (404) rental can be assigned. Concrete leasehold prepaid until Dec 31, 2073. Well maintained, friendly building. Over the years upgrades include: elevator, roof updated, piping. All details are not to be relied on, and are to be confirmed with the property manager. Maintenance fee: taxes, heat, hot water, gardening, and management. Buyer to verify measurements. Professionally measured by Keyplan.
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I have listed a new property at 3296 TURNER ST in Vancouver.
Good, solid house in a great central location steps to everything Vancouver has to offer. Steps to the PNE; Hastings Community Centre & Gym; Dr. A.R. Lord Elementary School; transportation line to UBC; the highway to Whistler and Kelowna; Hastings East Village shops and restaurants; Burnaby Heights; New Brighton Park & swimming pool; minutes to downtown/Yaletown Vancouver. All this convenience in a 4-bedroom/2-bathroom house with mountain view, and an in-law suite downstairs in a cozy, little village-style neighbourhood. The home has been in the family for years featuring a garden of fig trees and roses. Professionally measured by Keyplan. Buyer to verify all property details and measurements.
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I have sold a property at 2558 WILLIAM ST in Vancouver.
Charming family home on one of the prettiest tree lined streets in one of the best locations in East Vancouver. Cozy 4-bedroom/2-bathroom house steps to all Vancouver has to offer in a very quiet, residential location. Large south facing back patio and backyard with garden. Wonderful neighbours, and steps to school, parks, and shopping along not only vibrant Hastings Street, but also the local shops and cates along Nanaimo Street. As Is Where Is. Measurements from Absolute Measuring, and BC Assessment. Buyer to verify all details and measurements.
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Rising Vancouver home prices narrow “once great divide between East and West into thin, fine line”


2 of 3
  • A home at 6676 Doman Street (left, centre) sold for more than one at 857 West 10th Avenue even though the East Side house sits on a lot with a frontage that is only about half that of the West Side residence.

Late last spring, realtor David Hutchinson pointed to a “new phenomenon” in Vancouver’s housing market.

It’s about homes on the traditionally more affordable East Side of the city getting to be as expensive as those on the affluent West Side.

 
 
 

It seems that in a number of cases, the line dividing the two sides of the city has “blurred”, Hutchinson, a realtor for almost two decades and agent with Sutton Group-West Coast Realty, told the Straight in June this year.

 

The long-time realtor was reminded of the phenomenon when he drove across Vancouver this weekend.

“As I traveled Saturday through the leafy, tree-lined streets of Vancouver West to the beaches, one can understand the high cost of housing in those neighbourhoods,” Hutchinson related to the Straight on Sunday (September 26).

 

From there, he went downtown and then through Gastown, proceeded to the East Side of Vancouver, past a busy beer garden at the Parallel 49 Brewing Company and a pop-up concert near Commercial Driveto.

Hutchinson then made his way through the quiet streets of the Hastings-Sunrise neighbourhood and proceeded south to Killarney, where residential lots are often bigger than the usual 33-foot lots.

From there, he pushed down to the new River District, where a complete community is taking shape.

“I realized that every neighbourhood in Vancouver has its own quality and experiences, and that translates into value for different people,” Hutchinson noted.

“But wherever you see that value, the borders between these neighbourhoods are certainly getting blurred in price,” he added.

A scan of recent sales provided by Hutchinson could illustrate what is happening.

On September 8, an East Side property at 6676 Doman Street sold for $2,828,000.

The Killarney area home sits on a 34-foot lot, which was about half of a 55-foot lot at 3857 West 10th Avenue.

The said West Side property sold on August 26 for less or $2,750,000 to be exact.

Take note that this 3857 West 10th Avenue residence is located in the highly desirable Point Grey neighbourhood of the city.

“The once great divide between East and West is narrowing,” Hutchinson said.

Another example is 3578 Monmouth Avenue on the East Side neighbourhood of Collingwood.

The property sold on September 3 for $2,750,000.

That’s $540,000 more than the sold price of a West Side property at 6457 Ontario Street.

The West Side home in the Oakridge neighbourhood of the city went on September 1 for $2,210,000.

The East Side property at 3578 Monmouth Avenue (left) sold for more than $500,000 compared to the West Side residence at 6457 Ontario Street.The East Side property at 3578 Monmouth Avenue (left) sold for more than $500,000 compared to the West Side residence at 6457 Ontario Street.

“With increasing home prices on the East side, the gap is turning into a thin, fine line,” Hutchinson said.

Still, the conventional split between East and West holds true generally.

In its latest report, the Real Estate Board of Greater Vancouver (REBGV) noted that the benchmark price of a detached home on the East Side of Vancouver increased to $1,689,700 in August 2021.

Meanwhile, a typical detached home on the West Side of the city in the same month was $3,462,200.

Based on year-over-year increases, prices of single-family homes on the East Side grew at a slightly higher rate of 12.4 percent compared to 12.2 percent on the West Side.

Another example of an East Side home selling for more is 4184 Slocan Street.

The Renfrew Heights residence sits on a 60-foot lot, and it went to a new owner on September 18 for $2,613,000.

Meanwhile, a West Side property in the Southlands neighbourhood sold for less even though it has a bigger lot with a frontage of 65.99 feet.

The said West Side home sold on September 1 for $2,465,500.

The property at 4184 Slocan Street (left) on the East Side sold for more money than 3583 West 50<sup>th</sup> Avenue.The property at 4184 Slocan Street (left) on the East Side sold for more money than 3583 West 50th Avenue.

“With still relatively more affordable prices and close-knit neighbourhoods, the East Side of Vancouver continues to attract families, where they can get a little more bang for their buck, and grow some tomatoes and figs in their backyards, or make some wine in their basements, all to share with their neighbours,” Hutchinson said.

“But with the prices between East and West starting to tighten, one has to wonder where this is all going,” Hutchinson added. 

Follow Carlito Pablo on Twitter at @carlitopablo
 

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Three reasons why meal kit service Fresh Prep is taking over Vancouver, one kitchen at a time


 
  • FRESH PREP

(This story is sponsored by .)

Deciding what to cook for dinner every night is an uphill struggle for many, let alone finding the time to grab groceries and prepare the meals. After a long day at the office, the last thing anybody wants to do is julienne a batch of carrots or tear up over an onion.

 
 

Between juggling work and play, whipping up a package of store-bought tortellini topped with a jar of tomato sauce is really all you have time for. Plus, not everyone has the chef skills required to make an elaborate and nutritious meal.

Vancouver-based meal kit service  is a great place to start for those who are short on time or confidence in the kitchen. The local company was voted “Best Meal Kit Service” by readers of the Georgia Straight in this year’s Golden Plates awards.

 

To show its gratitude, Fresh Prep is offering readers three free meals with the code: SCSTRAIGHT21.

“The customer experience with Fresh Prep is far and away the best meal kit experience in Canada,” says Fresh Prep cofounder and chief operating officer Husein Rahemtulla. “We offer premium-quality ingredients because we actually spend more on ingredients than our competitors. Our customers often tell us that our food is fresher and better quality than any other meal kit service that they’ve tried.”

Eating dinner is the highlight of the day for many so don’t waste it on tasteless takeout or frozen meals. If you’re looking to spice up your current cooking routine, here are three reasons why you should sign up for Fresh Prep.

It’s convenient

Each week, Fresh Prep customers can select from 10 delectable and diverse choices. Half of the recipes are always vegetarian or vegan and there are also gluten-aware and dairy-aware options.  Home cooks also have the option to purchase Add-On items like prepared meals, salads, juices, smoothies, plant-based meats, pastas, desserts, pantry staples, and much more.

Meal kit ingredients are pre-cut and pre-portioned, eliminating many steps of the cooking process. This is truly a miracle for those who loathe chopping onions, reducing the time spent and the stress of preparing dinner.

On their selected delivery date, an insulated cooler bag filled with reusable ice packs, recipe cards, and ingredients is brought right to the customer’s doorstep.

It’s sustainable

Fresh Prep has recently introduced its Zero Waste Kits, a reusable container that reduces meal packaging materials, including single use plastic. When a meal doesn’t come in a Zero Waste Kit, it’s packaged in a compostable paper bag with ingredients in soft plastic. To further its sustainability initiatives, Fresh Prep has developed a recycling program for the soft plastics that are rinsed and returned.

Through its partnership with OnFleet, Fresh Prep’s fleet is now carbon neutral as a result of offsetting the emissions of its deliveries.

When it comes to ingredients, the company only uses Oceanwise seafood and sources local whenever possible, further reducing its carbon footprint.

The meals are delicious

With Fresh Prep, you can swap your bowl of instant noodles for Mushroom & Ricotta White Pizza, an Alabama Style Chicken Sandwich, or Sesame-Crusted Seared Tuna. Dishes are often inspired by international cuisines to bring some much-needed excitement to your current cooking routine. 

To find out why  has been voted the “#1 Meal Kit Delivery Service” in Vancouver, sign up with the Straight’s exclusive code: SCSTRAIGHT21 and receive three free meals on your first order.

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Whistler Writers Festival invites book lovers to enjoy fine Indigenous writing for its 20th anniversary


2 of 5
  • TOURISM WHISTLER/MIRAE CAMPBELL

(This article is sponsored by .)

There’s something magnificent about autumn in Whistler. The falling leaves along the Valley Trail are like a magical potion to city dwellers craving to connect with the natural world. In the Village, visitors can stroll to a spa or visit family-owned Armchair Books and the local library rather than face the hassle of hopping into a car. Guests during this time very much appreciate the slower pace and the great value of room rates.

 

Fall in Whistler holds another attraction for lovers of literature and poetry. That’s because for the past 20 years, the community has been hosting the , which takes place from October 14 to 17 this year. The event will have in-person and online components, both drawing an impressive crowd of readers, writers, and book lovers.

 
TOURISM WHISTLER/JUSTA JESKOVA

This year’s lineup might be its strongest yet, featuring A-listers such as Scotiabank Giller Prize 2021 longlist nominees Omar El Akkad (What Strange Paradise) and Cedar Bowers (Astra), two-time Giller winner M.G. Vassanji (What You Are), and Booker Prize longlist nominee Mary Lawson (A Town Called Solace). Other high-profile authors and poets this year include George Elliott Clarke, Ivan Coyote, Joy Fielding, Shaena Lambert, Canisia Lubrin, Linden MacIntyre, Alexandra Morton, Alix Ohlin, and Howard White, who founded Harbour Publishing.

“Right from the start, it’s been about balancing those high-profile names with authors who are emerging,” Whistler Writers Festival founder and artistic director Stella Harvey said. “A lot of times, I’ve had feedback from participants who say I came to see so-and-so but I discovered this author. That’s always been important to me.”

The Whistler Writers Festival also offers workshops for aspiring writers, most of which are in-person but also available via livestreaming.

Harvey is especially proud of the number of the first-rate Indigenous writers at this year’s festival. This reflects her longstanding belief that the Whistler Writers Festival must be an inclusive event so that whoever attends can see themselves reflected back to them on-stage.

The headliner for the Saturday Night Gala is Thomas King (The Inconvenient Indian) in conversation with Anishinaabe journalist Tanya Talaga. King, whose father is Cherokee, was the first person of Indigenous ancestry to deliver the Massey Lectures, which led to his 2003 book The Truth About Stories.

Harvey quipped that King is like a hero to her. But she’s also excited by other Indigenous writers at this year’s festival, including Darrel J. McLeod and Lisa Bird-Wilson. McLeod, who is from the Nehiyaw (Cree) First Nation, won the 2018 Governor General’s Literary Award for Mamaskatch. His new book, Peyakow: Reclaiming Cree Dignity, examines how personal and historical trauma influenced his life, which included working as a school principal, treaty negotiator, and senior official at the Assembly of First Nations.

“He’s incredibly courageous and open in terms of his life experiences—sexual abuse, separation from family and his culture—and somehow he finds his way,” Harvey said.

McLeod will also lead a conversation with Talaga at the festival about her books Seven Fallen Feathers: Racism, Death, and Hard Truths in a Northern City and All Our Relations: Finding the Path Forward.

Meanwhile, Bird-Wilson, a Saskatchewan Métis and nêhiyaw writer, won several awards for her 2013 book Just Pretending, including the 2019 One Book, One Province honour. Her latest novel is Probably Ruby. One of the most famous Indigenous writers at the festival is Tomson Highway. His father was a caribou hunter and world championship dogsled racer; he describes his mother as a “bead-worker and quilt-maker extraordinaire”. Highway is also a nationally renowned playwright, novelist, and pianist who wrote the libretto for the first opera in the Cree language. His memoir Permanent Astonishment is a finalist for the 2021 Hilary Weston Writer’s Trust Prize for Nonfiction.

TOURISM WHISTLER/JUSTA JESKOVA

Whistler has become a cultural hub in recent years, thanks in part to the opening of the spectacular  in 2016. Designed by Patkau Architects, the permanent collection showcases a stunning collection of Indigenous masks and other Indigenous works, including The Dance Screen (The Scream Too), a finely carved red cedar dance screen by Haida Chief 7idansuu (James Hart). It also includes internationally renowned contemporary British Columbia artists such as Jeff Wall, Emily Carr, Dana Claxton, Marianne Nicolson, and Stan Douglas.

Those interested in exploring Indigenous culture will also be attracted to the , which is in the Upper Village. It evokes the feeling of a Squamish Longhouse and Lil’wat Istken (earthen dwelling). The building’s Great Hall offers incredible insights into the cultures of these two First Nations, featuring hand-carved cedar welcome figures and a series of cedar canoes, some suspended from the air, all in a bright space revealing mountain and forest views.

For those who want to experience the forest in all of its glory, the Whistler Writers Fest has that covered, too.

CBC Radio host Grant Lawrence will moderate a walk with festivalgoers and three writers—McLeod, White, and Ohlin—through the woods in Lost Lake Park. Harvey noted that participants will stop at various places along the trail for author readings and to sip hot chocolate.

“That event is incredibly popular,” Harvey said. “It goes on whether there’s rain or shine.”

The Whistler Writers Festival runs from Thursday, October 14, to Sunday, October 17. Book your literary getaway at . Fall offers great value on accommodation with rooms from $129 per night plus a free $100 dining voucher when you book a stay of three nights or more.

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GEORGIA STRAIGHT

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© 2021 VANCOUVER FREE PRESS. BEST OF VANCOUVER, BOV AND GOLDEN PLATES ARE TRADE-MARKS OF VANCOUVER FREE PRESS PUBLISHING CORP.
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I have sold a property at 622 1330 BURRARD ST in Vancouver.
Welcome to Anchor Point! Great Investment opportunity potential for RE-DEVELOPMENT in the future. Bright unit with multiple upgrades, lovely very quiet balcony with views to the inner courtyard. Convenient location with great access to transportation, two blocks away from Beach Avenue and the Vancouver Aquatic Centre. Conveniences such as shops, coffee shops, pharmacies, and banks are all within walking distance. This condo can be great rental income or live in and enjoy the roof top patio for entertaining, watching sunsets and the firework displays. Building includes shared laundry, parking (available for rent), roof top patio and lounge. Hot water and heat are included in the maintenance fee. Strata plan shows 538 sq ft. Professionally measured by KeyPlan Measuring. Buyer to verify.
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I have listed a new property at 1304 1238 BURRARD ST in Vancouver.
Excellent value 2-bedroom, 2-bathroom corner suite one floor below the penthouse at the Altadena with views to everything Vancouver has to offer! This bright home features gas fireplace, a large solarium/office, and a flex room/den. Excellent separation of bedrooms provide for an efficient layout. Next door is the exclusive Burrard Place development. PETS/RENTALS/Airbnb OK. Re-piped in 2017, and updated common areas. 1 parking, storage locker, and visitor parking. Amenities include renovated gym with steam sauna, theatre room, bike room, and lounge with outdoor patio. Located in the heart of the city & steps to all the wonderful amenities of Vancouver from Vancouver House to local beaches! 24-hour notice required. Buyer to verify all measurements. Measurements by Absolute Measuring.
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I have listed a new property at 205 15272 19 AVE in Surrey.
Wonderful White Rock location! Large 2-bedroom/2-bathroom facing beautiful Bakerview Park in a quiet cul-de-sac. No pets allowed. Rentals allowed, but max of 6 (rentals are currently maxed). No age restrictions. Very pro-active strata - building was rain screened with new cement fibre siding in 2013. New roof was completed in 2019. Great building amenities include club house with piano, hot tub and exercise center. Quick possession available. Walking distance to restaurants and shopping! Buyer to verify all measurements. Professionally beasured by Keyplan Measuring.
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Vancouver ranked #1 greenest city in the world

The city was described as "Canada’s shining jewel when it comes to recycling."
vancouver-greenest-city-world-september-2021Vancouver has been ranked the greenest city in the world for its recycling rate that increased from 40 per cent to over 60 per cent in just over a decade. 

Vancouver has been ranked the greenest city in the world due to its recycling protocol. 

BusinessWaste.co.uk, a waste management company in the United Kingdom, ranked the world's greenest cities according to their recycling habits. Cities with the best protocol made the top 15 list, while those who don’t make the grade were ranked in the bottom five. 

Report authors note that most people are "aware of what can and cannot be given a new lease of life through the recycling process" but that some cities have created innovative ways to reduce waste. 

 

"Countries the world over are tackling waste in innovative and interesting ways, but many lag behind," said Mark Hall, founder of BusinessWaste.co.uk.

“The challenge over the next decade will be bringing all cities to a standard where waste reduction is made part of policy, not merely a target to let slide by – and in the meantime technology and science continue to innovate to make our collective impact on the planet less harmful."

Vancouver was awarded the top honour of the "greenest city" in the world.  The city was described as "Canada’s shining jewel when it comes to recycling" and praised for increasing its recycling rate from 40 per cent to over 60 per cent in just over a decade. 

Singapore City followed Vancouver in second,  with report authors noting that the South Asian metropolis generates "an impressively small amount of landfill waste per person each year."

Copenhagen came third and was lauded for its impressive 70 per cent recycling rate and accessible "door-to-door collections." 

On the other end of the spectrum, Mexico City was ranked the world's worst city for recycling. Report authors write: "The city closed its largest landfill site, where over 70 million tonnes of waste are already buried and causing environmental problems, almost a decade ago, leading to illegal dumping grounds forming and streets piled high with waste."

The Top 15 greenest cities in the world

  1. Vancouver
  2. Singapore City
  3. Copenhagen
  4. Helsinki
  5. Curitiba
  6. Delhi
  7. Los Angeles
  8. Leeds
  9. Vienna 
  10. Stockholm
  11. Seattle 
  12. Songdo
  13. Kamikatsu
  14. Ekilstuna
  15. San Francisco

The 5 least green cities in the world

  1. Mexico City
  2. Beijing
  3. Kolkata
  4. New York
  5. Kuwait
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David Hutchinson PREC*
Sutton Group-West Coast Realty
18 Listings
Contact Me

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198 Listings

David's Listings (18)


 
1304-1238 Burrard Street, Vancouver, BC, V6Z 3E1
1304 1238 Burrard Street
  • Downtown West
  •  
  • Vancouver
  • 2 bd
  • 2 ba
  • 877 sf
David Hutchinson PREC*Sutton Group-West Coast Realty
 
2558 William Street, Vancouver, BC, V5K 2Y4
2558 William Street
  • Renfrew
  •  
  • Vancouver
  • 4 bd
  • 2 ba
  • 2021 sf
  • 33 x 108 ft
David Hutchinson PREC*Sutton Group-West Coast Realty
 
205-15272 19 Avenue, Surrey, BC, V4A 1X6
205 15272 19 Avenue
  • King George Corridor
  •  
  • Surrey
  • 2 bd
  • 2 ba
  • 1055 sf
David Hutchinson PREC*Sutton Group-West Coast Realty
 
622-1330 Burrard Street, Vancouver, BC, V6Z 2B8
622 1330 Burrard Street
  • Downtown West
  •  
  • Vancouver
  • 1 bd
  • 1 ba
  • 553 sf
David Hutchinson PREC*Sutton Group-West Coast Realty
 
278 Allison Street, Coquitlam, BC, V3K 4B5
278 Allison Street
  • Coquitlam West
  •  
  • Coquitlam
  • 3 bd
  • 1 ba
  • 1248 sf
  • 53 x 131 ft
David Hutchinson PREC*Sutton Group-West Coast Realty
 
404-1534 Harwood Street, Vancouver, BC, V6G 1X9
404 1534 Harwood Street
  • West End
  •  
  • Vancouver
  • 1 bd
  • 1 ba
  • 543 sf
David Hutchinson PREC*Sutton Group-West Coast Realty
 
1703-1327 E Keith Road, North Vancouver, BC, V7J 3T5
1703 1327 E Keith Road
  • Lynnmour
  •  
  • North Vancouver
  • 2 bd
  • 2 ba
  • 1103 sf
David Hutchinson PREC*Sutton Group-West Coast Realty
 
3296 Turner Street, Vancouver, BC, V5K 2H3
3296 Turner Street
  • Renfrew
  •  
  • Vancouver
  • 4 bd
  • 2 ba
  • 2307 sf
  • 33 x 102 ft
David Hutchinson PREC*Sutton Group-West Coast Realty
 
698 Quadling Avenue, Coquitlam, BC, V3K 1Z8
698 Quadling Avenue
  • Coquitlam West
  •  
  • Coquitlam
  • 3 bd
  • 3 ba
  • 4065 sf
  • 49 x 127 ft
David Hutchinson PREC*Sutton Group-West Coast Realty
 
700 Delestre Avenue, Coquitlam, BC, V3K 2E9
700 Delestre Avenue
  • Coquitlam West
  •  
  • Coquitlam
  • 5 bd
  • 1 ba
  • 2164 sf
David Hutchinson PREC*Sutton Group-West Coast Realty
 
2808 E Broadway, Vancouver, BC, V5M 1Z1
2808 E Broadway
  • Renfrew Heights
  •  
  • Vancouver
  • 6 bd
  • 4 ba
  • 2300 sf
  • 33 x 144 ft
David Hutchinson PREC*Sutton Group-West Coast Realty
 
2838 E Broadway, Vancouver, BC, V5M 1Z1
2838 E Broadway
  • Renfrew Heights
  •  
  • Vancouver
  • 4 bd
  • 2 ba
  • 2174 sf
  • 33 x 144 ft
David Hutchinson PREC*Sutton Group-West Coast Realty
 
2882 E Broadway, Vancouver, BC, V5M 1Z1
2882 E Broadway
  • Renfrew
  •  
  • Vancouver
  • 4 bd
  • 1 ba
  • 1800 sf
  • 33 x 144 ft
David Hutchinson PREC*Sutton Group-West Coast Realty
 
2876 E Broadway, Vancouver, BC, V5M 1Z1
2876 E Broadway
  • Renfrew Heights
  •  
  • Vancouver
  • 4 bd
  • 2 ba
  • 2214 sf
  • 33 x 144 ft
David Hutchinson PREC*Sutton Group-West Coast Realty
 
2870 E Broadway, Vancouver, BC, V5M 1Z1
2870 E Broadway
  • Renfrew Heights
  •  
  • Vancouver
  • 4 bd
  • 2 ba
  • 1921 sf
  • 33 x 144 ft
David Hutchinson PREC*Sutton Group-West Coast Realty
 
3106 Mariner Way, Coquitlam, BC, V3C 3T4
3106 Mariner Way
  • Ranch Park
  •  
  • Coquitlam
  • 0 bd
David Hutchinson PREC*Sutton Group-West Coast Realty
 
701 Alderson Avenue, Coquitlam, BC, V3K 1T7
701 Alderson Avenue
  • Coquitlam West
  •  
  • Coquitlam
  • 2 bd
  • 2 ba
  • 1800 sf
  • 33 x 0 ft
David Hutchinson PREC*Sutton Group-West Coast Realty
 
704 Delestre Avenue, Coquitlam, BC, V3K 2E9
704 Delestre Avenue
  • Coquitlam West
  •  
  • Coquitlam
  • 5 bd
  • 2 ba
  • 2503 sf
  • 74 x 142 ft
David Hutchinson PREC*Sutton Group-West Coast Realty
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Vancouver's new top 5 most expensive listings are all over $11M (PHOTOS)

Sep 14 2021, 4:20 pm

Vancouver’s luxury real estate market is always full of dreamy, wow-worthy homes with even more wow price tags.

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Roomvu shared its most expensive properties from August that will give you serious sticker shock.

If you take a look at the top five most expensive new listings in the city, you’ll see that nothing on that list is under $11 million. To get a mortgage on that, you’d need around 20% down, or $2.2 million.

Ready to see the kind of luxury home you might buy if you won the lottery?

5. 1425 Acadia Road: $11.88 million

Vancouver expensive real estate

Courtesy of Sharon Lau

Vancouver expensive real estate

Courtesy of Sharon Lau

Vancouver expensive real estate

Courtesy of Sharon Lau

Vancouver expensive real estate

Courtesy of Sharon Lau

  • Living Space: Approximately 9,628 sq ft.
  • Unique Features: Catch water and mountain views from this mansion with an entertainment centre, recreation room, indoor pool, hot tub, and sauna.
  • Other Features: Right by UBC, this six-bedroom and eight-bathroom home was built in 1981.

4. 5376 Connaught Drive: $15 million

vancouver most expensive real estate

Courtesy of Jerry Y. Wang PREC*

vancouver most expensive real estate

Courtesy of Jerry Y. Wang PREC*

vancouver most expensive real estate

Courtesy of Jerry Y. Wang PREC*

vancouver most expensive real estate

Courtesy of Jerry Y. Wang PREC*

  • Living Space: Approximately 7,520 sq ft.
  • Unique Features: Stacked with luxury finishings like Italian marble tiles, custom Kohler sinks, and high-end appliances, the place also has a five-car garage and a luxe home theatre.
  • Other Features: This Shaughnessy mansion sprawls across eight bedrooms and eight bathrooms.

3. 1529 W 34th Avenue: $18 million

vancouver most expensive real estate

Courtesy of Mike Ma

vancouver most expensive real estate

Courtesy of Mike Ma

vancouver most expensive real estate

Courtesy of Mike Ma

vancouver most expensive real estate

Courtesy of Mike Ma

  • Living Space: Approximately 6,712 sq ft.
  • Unique Features: Feel like you’re living in the future with a completely automated smart home system. Plus the private home theatre is the perfect spot for movie night.
  • Other Features: With eight bedrooms and 10 bathrooms, this eye-catching Shaughnessy mansion was newly built in 2019.

2. 1250 W 54th Avenue: $19.8 million

vancouver most expensive real estate

Courtesy of Christopher Boyd PREC*

vancouver most expensive real estate

Courtesy of Christopher Boyd PREC*

vancouver most expensive real estate

Courtesy of Christopher Boyd PREC*

vancouver most expensive real estate

Courtesy of Christopher Boyd PREC*

  • Living Space: Approximately 8,550 sq ft.
  • Unique Features: This is a Tudor-style South Granville mansion that looks straight out of the movies. There’s a tennis court and a swimming pool. The place is so large that you can split it up into four different lots if you want.
  • Other Features: This seven-bedroom, eight-bathroom home has lots of giant trees all around the property.

1. 4880 Drummond Drive: $21.3 million

vancouver most expensive real estate

Courtesy of Sharon Lau

vancouver most expensive real estate

Courtesy of Sharon Lau

vancouver most expensive real estate

Courtesy of Sharon Lau

vancouver most expensive real estate

Courtesy of Sharon Lau

  • Living Space: Approximately 8,770 sq sq ft.
  • Unique Features: What makes this home worth the price tag is that it’s actually large enough to build a second home on the lot. There’s also an exercise pool, steam shower, hot tub, sauna, and a custom theatre room.
  • Other Features: This open-plan seven-bedroom, eight-bathroom house was built in 2003.

 
Sarah AndersonSarah Anderson

+ REAL ESTATE
+ VANCOUVER HOMES
+ URBANIZED
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  1.  
     
     
    2 DAYS AGO

    It would be curious to visit the BC's Land Registry Office and see the names regarding ownership and then contact the Canada Revenue Agency and see whether money was earned in Canada, how much and when. If nothing adds up, call in the RCMP and CSIS. Seizure of property going to the taxpayer is a win.

     
     
     
  2.  
     
     
    3 DAYS AGO

    Oh, Daily Hive you must be salivating.

    Money! Money!! Money!!!

    Ohhhhhhhh….. •_•

     
     
     
 
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Inside the first H&M Home store in Metro Vancouver (PHOTOS)

Jun 17 2021, 3:23 pm

Metro Vancouver’s very first H&M Home store opened at The Amazing Brentwood (TAB) shopping centre today.

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The much-anticipated opening of the fast fashion retailer’s home interior collection concept store is part of the chain’s brand new two-level H&M flagship store at the mall.

It spans 30,000 sq ft of space in the East Mews of the newly built outdoor mall area, with the H&M Home part of the store — located on the ground level — accounting for about a quarter of the store’s overall footprint.

h&m home the amazing brentwood

H&M at The Amazing Brentwood with H&M Home (Kenneth Chan/Daily Hive)

h&m home the amazing brentwood

H&M at The Amazing Brentwood with H&M Home (Kenneth Chan/Daily Hive)

h&m home the amazing brentwood

H&M at The Amazing Brentwood with H&M Home (Kenneth Chan/Daily Hive)

h&m home the amazing brentwood

H&M at The Amazing Brentwood with H&M Home (Kenneth Chan/Daily Hive)

h&m home the amazing brentwood

H&M at The Amazing Brentwood with H&M Home (Kenneth Chan/Daily Hive)

H&M Home offers contemporary decor and home accessors for every room in the home, with styles for pillows, bedding, home storage, dinnerware and tableware, rugs, bath and shower, blankets, cookware, and toys.

Along with H&M Home, this store also features H&M’s typical departments, with women’s clothing in areas of both floors, and men’s, children’s, and more women’s clothing sections in the second level.

This is only the fourth H&M store in Canada to have a H&M Home department, with the other locations at West Edmonton Mall, CF Toronto Eaton Centre, and CF Carrefour Laval in Montreal.

h&m home the amazing brentwood

H&M at The Amazing Brentwood with H&M Home (Kenneth Chan/Daily Hive)

h&m home the amazing brentwood

H&M at The Amazing Brentwood with H&M Home (Kenneth Chan/Daily Hive)

h&m home the amazing brentwood

H&M at The Amazing Brentwood with H&M Home (Kenneth Chan/Daily Hive)

h&m home the amazing brentwood

H&M at The Amazing Brentwood with H&M Home (Kenneth Chan/Daily Hive)

h&m home the amazing brentwood

H&M at The Amazing Brentwood with H&M Home (Kenneth Chan/Daily Hive)

H&M also recently completed a significant expansion and renovation of its flagship store at CF Pacific Centre in downtown Vancouver, growing its footprint to nearly 40,000 sq ft over three levels.

With an end to the pandemic now in sight, businesses at TAB are starting to ramp up their activities at the new mall for planned openings over the coming weeks and months.

The mall opened its brand new Tables food court early this month, which will see 19 food and beverage options gradually open through September.

Cineplex is also planning to open its VIP Theatres location at TAB, which will have five screens, and its first The Rec Room in Metro Vancouver. This entertainment and gaming centre — complete with nearly 100 arcade and video game machines, a casual sit-down dining restaurant called Three10, and TheShed for quick bites and drinks — will have a floor area of 40,000 sq ft with a capacity for up to 1,300 guests.

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h&m home the amazing brentwood

H&M at The Amazing Brentwood with H&M Home (Kenneth Chan/Daily Hive)

h&m home the amazing brentwood

H&M at The Amazing Brentwood with H&M Home (Kenneth Chan/Daily Hive)

Dozens of other stores and restaurants are also lined up for an opening, including Urban Outfitters — located just across from H&M — on August 1.

TAB is located right next to SkyTrain’s Brentwood Town Centre Station.

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Douglas Todd: 'Get real' estate! Five reasons to doubt Trudeau’s housing promises

Opinion: In light of the prime minister showing no previous intent to protect the young from soaring prices, it is stunning to see him now act like a white knight taking on an unjust real-estate system

Justin Trudeau, touring a housing complex this summer in Hamilton, Ont., is now taking on the role of housing affordability activist, despite prices jumping more than 50 per cent cent under his watch as prime minister, says columnist Douglas Todd.Justin Trudeau, touring a housing complex this summer in Hamilton, Ont., is now taking on the role of housing affordability activist, despite prices jumping more than 50 per cent cent under his watch as prime minister, says columnist Douglas Todd. PHOTO BY COLE BURSTON /The Canadian Press files

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Justin Trudeau has abruptly switched into the role of housing-affordability radical.

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But it remains to be seen how many Canadians will buy the Liberals’ brazen new wave of promises — including a ban on foreign purchases, a tax on property flipping and restrictions on exploitive real-estate agents — since there is much cause for skepticism.

Weighing the party’s credibility is crucial since polls are suddenly showing housing affordability (not COVID) is one of the electorates’ top concerns. That’s like the B.C. election in 2017, which saw provincial Liberal leader Christy Clark, who relied heavily on developer donations, turfed in favour of the NDP.

All federal parties’ housing platforms require scrutiny, but here are five reasons voters are justified in feeling suspicious about the prime minister’s sudden conversion to housing activist, a persona he adopted last week to profess: “You shouldn’t lose a bidding war on your home to speculators. It’s time for things to change.”

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1. Trudeau has done remarkably little to address an expanding housing crisis

Housing prices across the country have jumped more than 50 per cent cent on average under Trudeau’s watch.

This glaring reality was captured in a recent devastating sound bite, when a heckler at a Trudeau rally in Ontario bellowed: “You had six years to do something. You’ve done nothing. These houses are worth $1.5 million. Are you going to help us pay $1.5 million? Are you, buddy?”

While in power, Liberal promises to address soaring prices have added up to zero. Take, for instance, the commitment Trudeau made in B.C. during the 2019 campaign, to bring in a one-per-cent tax on purchases by “non-resident, non-Canadians.” Nothing happened.

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Similar vacuous pledges came to mind last week when the Trudeau stole the Conservatives’ idea to place a two-year ban on all foreign property purchases. Only two months earlier, the Liberals had voted against a Conservative opposition-day motion to do just that.

Many Liberals, federal and provincial, have long claimed it’s xenophobic to restrict foreign buyers in Canada. They’re only now toning down their race-baiting.

The Liberals have long failed to address foreign capital flooding into real estate — as revealed, yet again, this week. A South China Morning Post article by Ian Young showed Ottawa spent five years covering up an old Canada Revenue report detailing how “rich migrants made more than 90 per cent of luxury purchases” in Burnaby and Coquitlam “while declaring refugee-level incomes.”

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It also became even harder in the past few days to accept Trudeau’s authenticity on taxing house flipping when it was uncovered the Liberals’ star candidate in Vancouver-Granville had flipped 21 properties. Liberals’ coziness with real-estate insiders runs deep (as it does for many politicians).

MORE ON THIS TOPIC

  1. “I really don’t know what to say when our federal government admits that it has made housing in Canada better for foreign investors than for Canadians. Who are they serving? Clearly not Canadians,” says real-estate analyst John Pasalis. (Photo Construction cranes in Vancouver).

    Douglas Todd: Canadian real-estate market better for foreign investors than locals, admits housing secretary

  2. A flood of refugees arrive at Olympic Stadium in Montreal.

    Pete McMartin: Historic human tsunami likely in Canada's future

  3. “The first one on the beach is the one who gets shot. Now the beach is all clear,” says Simon Fraser University City Program director Andy Yan, seen in Coal Harbour.

    Douglas Todd: B.C. court decision clears way for federal action on foreign ownership

2. The Liberals have purposely increased ‘demand’ for housing

It was more than odd when Trudeau came to Vancouver in August and said “you’ll forgive me if I don’t think about monetary policy … You’ll understand that I think about families.”

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It’s impossible to believe the prime minister doesn’t comprehend that monetary policy — in the form of extremely low interest rates and his government’s rapid printing of money in response to the pandemic — have helped jack up prices.

While the Liberals are joining the Conservatives and NDP in making big pledges to increase the construction of housing, many analysts are shocked that some promises Trudeau is making will further inflate prices.

Trudeau’s talk about tax-free housing accounts for first-time buyers, along with other credits, will super-charge demand even more, particularly among young people who can’t afford to stretch further. The size of new mortgages in Canada are soaring far into the danger zone.

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It looks, however, like many millennials aren’t buying the new Liberal rhetoric; Leger polling has found the party has been losing support among young adults.

3. Ottawa has done little to combat money laundering via real estate

Prominent housing analyst Stephen Punwasi says former Vancouver Sun reporter Sam Cooper’s book, Wilful Blindness: How A Network of Narcos, Tycoons and CCP Agents Infiltrated The West, is “the most important book on Canadian real estate you’ll read this year.”

Wilful Blindness describes how transnational multi-millionaires and criminals, rooted in China, Mexico and elsewhere, have exploited the country’s real estate, which is “Canada’s soft spot for economic infiltration.” Cooper’s book describes many egregious examples of how “dirty” offshore money has been transformed into “clean” money through Canadian housing, especially via property flipping.

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What have the Liberals done to crack down on money laundering in urban real estate? Though the Liberals said they would gradually direct $69 million into strengthening RCMP investigation of money laundering, B.C. Attorney General David Eby and others have urged Ottawa to go much further — and institute U.S.-style racketeering laws, which are credited with dismantling Mafia families.

4. The Liberals keep hiking immigration levels

Economists — from banks, universities and developers’ organizations — have in recent years acknowledged one of the biggest factors affecting Canadian housing and prices is population growth through immigration.

Despite, or because of, this, Trudeau has steadily increased Canada’s immigration target since being elected in 2015, hiking it from 250,000 to 400,000 a year, with B.C. an especially popular destination.

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