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False Creek North

View at 1500 Hornby

#1710-1500 Hornby

False Creek North/English Bay
$2,100.00 per month, 1,212 sq.ft.
2 Bedrooms, 2 Bathrooms
Enjoy the beautiful water views of Granville Island & English Bay from your living room.

Townhome W 11th

#2-1954 West 11th Ave.

$2,350.00 per month, 1,113 sq.ft.
2 Bedrooms, 3 Bathrooms
Enjoy Kitsilano living in this charming, modern townhome.

For more info, contact us at Downtown Suites.

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Best Views of False Creek

by Victoria Farrell on January 31, 2009

1602-1438 Richards Street
Monthly Rent: $2500, 2 Bedrooms, 2 Bathrooms Sq Footage: 1136

You will be proud to call this lovely two bedroom executive suite home. Spectacular views of False Creek North overlooking George Wainborn Park, Granville Island and False Creek. Located just steps to the Seawall and close to everything that the Marinaside District has to offer! This fabulous building is only 4 years old and has use of some of the best recreation facilities in Club Viva.
AVAILABLE FEBRUARY 1ST

* 2 large bedrooms (opposite ends of suite)
* office/den
* 2 bathrooms (one ensuite)
* large foyer
* two large closets in Master Bedroom
* gourmet kitchen
* breakfast bar
* built in glass shelving in kitchen
* granite counters
* stainless steel appliances
* gas range
* TWO parking stalls
* 80 ft lap pool
* squash courts
* swirl pool
* sauna and steam rooms
* guest suite
* media room
* large state of the art fitness facilities

AVAILABLE IMMEDIATELY
This suite also comes with a beautiful large glass dining table and chairs in the dining area, glass desk and chair in the office and glass TV stand in living room.
For additional information on this suite please contact:
Downtown Suites Ltd
assist@downtownsuites.com

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Victoria Farrell, Sales Representative with Downtown Suites Ltd., negotiated an excellent deal for our clients on acquiring this suite for their investment portfolio.
Originally priced at $899,000, this suite was reduced to  $749,000 and then to $699,000.  Purchase price was negotiated at $665,000, over $110,000 below tax assessed value!
The Suite:
Spectacular views of False Creek North overlooking George Wainborn Park, Granville Island and False Creek. This 2 bedroom plus den suite features granite countertops, stainless appliances with gas range, foyer, large bedrooms and designer paint. Located just steps to the Seawall and close to everything that the Marinaside District has to offer.
The Building:
The Azura  is an excellent building which is  only 5 years old  with the best facilities in Vancouver Club Viva including, 80 ft lap pool, swirlpool, mens and womens saunas and steam rooms, squash courts, state of the art fitness facilities, two media rooms, multi-function room, guest suite and 24 hour concierge.
The suite was purchased for one of our clients and we are now managing it for them as a rental property.
If you would like further information on other excellent investment opportunities in Vancouver’s most desirable communities, please contact:
Victoria Farrell, Downtown Suites Ltd.
victoria@downtownsuites.com tel: 778-898-8179

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New Rental Listings for January 1st-5th

by DTSuites on January 3, 2009

Here are the new listings at Downtown Suites for January 1-5:

3308-1408 Strathmore Mews: $2500, 1027sf in Yaletown
2 bedrooms, 2 bathrooms, amazing views,  squash court, billiards room, steps to Urban Fare

902-1189 Melville: $2000, 900sf in Coal Harbour
2 bedrooms, 2 bathrooms, outdoor balcony, fireplace, pool, sauna, recreation center, roof sky garden

2709-1199 Seymour: $1500, 630sf in Yaletown
1 bedroom, 1 bathroom, fireplace, granite countertops, outdoor lap pool, landscape garden terrace

306-1255 Main St: $1950, 1167sf
2 bedrooms, 2 bathrooms, loads of space, gas fireplace, gas bbq permitted

706-919 Station St: $2000, 980 sf
2 bedrooms, 2 bathrooms, steps to Science World, Main St. skytrain, great views, pets allowed

503-638 Beach Crescent: $2750, 1230sf in West End
2 bedrooms, 2 bathrooms, gas fireplace, pool, gym, hot tub, air conditioning, pets will be considered

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Slow home sales create window of opportunity

by Victoria Farrell on December 2, 2008

VANCOUVER, B.C.  December 2, 2008  November reductions in home sales and prices have helped improve affordability in Greater Vancouver. However, November also saw a corresponding decrease in the number of new homes coming onto the market.
In its most recent statistics release, the Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver declined 69.7 per cent in November 2008 to 874 from the 2,883 sales recorded in November 2007.
Residential benchmark prices, as calculated by the MLSLink Housing Price Index®, declined 12.8 per cent between May and November 2008, amounting to an 8.3 per cent year-to-date price reduction for detached, attached and apartment properties in Greater Vancouver between November 2007 and 2008. In May 2008, the overall residential benchmark price was $568,411, compared to $495,704 in November 2008.
“Times of turmoil, from which we always emerge, offer excellent opportunities to buy quality real estate,” says REBGV president, Dave Watt.“For those whose personal finances allow them to get involved, there are opportunities in today’s housing market that have not been seen in many years.
“The local real estate market is not immune to the current economic challenges globally; however, Canada’s disciplined lending structure has kept the mortgage landscape steady in these uncertain times.”
New listings for detached, attached and apartment properties declined 10.8 per cent to 3,012 in November 2008 compared to November 2007, when 3,377 new units were listed. Active listings in November declined 4.7 per cent to 18,348 from the 19,257 active listings in Greater Vancouver in October 2008.
Sales of detached properties in November 2008 declined 69.8 per cent to 322 from the 1,067 units sold during the same period in 2007. The benchmark price for detached properties declined 8.6 per cent from November 2007 to $666,525. Since May 2008, the benchmark price for a detached property in Greater Vancouver has declined 13.6 per cent.
Sales of apartment properties declined 67.9 per cent last month to 410 compared to 1,276 sales in November 2007. The benchmark price of an apartment property declined 8.6 per cent from November 2007 to $342,315. Since May 2008, the benchmark price for an apartment property in Greater Vancouver has declined 12.2 per cent.
Attached property sales in November 2008 decreased 73.7 per cent to 142, compared with the 540 sales in November 2007. The benchmark price of an attached unit declined 6.4 per cent between November 2007 and 2008 to $426,287. Since May 2008, the benchmark price for an attached property in Greater Vancouver has declined 11 per cent.
RBGV- News release
December 2, 2008

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The overseas investor finds Vancouver to be particularly attractive to purchase an investment property for many reasons. Vancouver is hosting the 2010 Winter Olympics which will bring many visitors to our lovely city as well  many foreigners think about the possibility of owning property here. No one has a crystal ball to predict property prices in Vancouver but we know that after Expo 86 we had a huge influx of overseas investors which drove up prices. We getting many inquires every week in regards to the 2010 Olympics from the overseas investors. Many investors are seriously thinking about owning property in Vancouver prior to 2010. This is an excellent idea, as it will enable you to own property in one of the most beautiful and desirable cities to live in the world.

At Downtown Suites we can manage your property for you prior while you reside overseas and if you  visit during the Olympics you can choose to take possession of your suite.  Many individuals are thinking about retirment in Vancouver within the next 10 years or so. It is an idea that many worldly individuals dream about and it is a great idea for many reasons. Our economy is very strong and the price points in Vancouver are still considered reasonable compared to other world-class cities.

For those who have never visited our city, Vancouver is located along the West Coast of British Columbia and many of our downtown neighbourhoods are surrounded by water located along the seawall. As well we have beautiful breathtaking mountain views from many of the downtown locations. We have so many attractive neighbourhoods which  are desirable including; Downtown, Westend, Yaletown, Kitsilano, and West Side.

At Downtown Suites we can assist you in all aspects of purchasing  the perfect investment property.  We will help you to narrow down your search parameters including price point, square footage, location, amenities, view and other factors that may be important to you. In fact we can assist you with the sales transaction remotely. If you are a qualified purchaser we assist with all of the documentation and paper work by email and fax.

Once we have found the perfect property for you we will make the purchase as simple as possible for you from beginning to end. We take a personal interest in our clients and will look out for your interests  from negotiating the right price point for you, presenting the offer, and ultimatley  closing the deal. We have a team of professionals with whom we work closely including Mortgage Specialists, Lawyers, Notaries, and Home Inspectors.

We are a fully licensed Property Management and Real Estate company that will professionally  manage your property for you in all aspects including: advertising and finding a qualified tenant, collecting rents, managing tenants, maintenance issues which may arise. Please refer to our website for additional information on our Property Management and Real Estate Services www. downtownsuites.com.

I am a  members of the Vancouver Real Estate Board of Greater Vancouver and Specialize in the Downtown Vancouver Real Estate Market. Specializing in working with overseas investors and tenant occupied properties. If you have any questions in regards to the acquisition or sale of an investment property in the Vancouver area or have any questions please do not hesistate to contact me directly.

Victoria Farrell

Victoria Farrell

Sales Associate

Downtown Suites Ltd
www.downtownsuites.com
victoria@downtownsuties.com

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2507-550 Pacific St- City, Mountain and Water Views

by DTSuites on September 4, 2008

15-477-550pacificview.jpg15-477-550pacificview.jpg

WATER MOUNTAIN AND CITY VIEWS!!!
2507-550 Pacific Street,Vancouver
Sales Price: $399000
Bedrooms: 1
Bathrooms: 1
Sq Footage: 553

Fabulous North East views towards the North Shore Mountains, David Lam Park and False Creek from the 25th floor of this sought after building: Aqua at the Park. Dont miss a great opportunity for investors or owner occupiers in the Beach Crescent neighbourhood. Gourmet Kitchen features a full stainless appliance package with gas cooktop, granite counters, breakfast bar, in sink disposal and built in glass shelving and outdoor balcony. Great facilities include, hot tub, sauna, steamroom, billiards room, squash courts, guest suite & more! Excellent tenant $1,294 on a month to month basis. Pet friendly building, no restrictions for rentals.

For additional informaiton please contact:

Victoria Farrell

Downtown Suites Ltd

victoria@downtownsuites.com

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The Current 2-Bedroom Rental Market

by Nicholas Meyer on February 14, 2008

Senior Property Manager, Tanja Milosevic, discusses the current 2 bedroom suite market with Nicholas Meyer at the Downtown Suites office.

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