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.
Vancouver, BC – August 15, 2008. British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC declined 38 per cent to $2.9 billion in July, compared to July 2007. Residential unit sales fell 37 per cent to 6,541 units during the same period. The average MLS® residential price in the province was $444,358, down 0.5 per cent from July 2007.
Home sales have slowed to a level not seen since the beginning of the decade,” said Cameron Muir, BCREA Chief Economist. “BC households are now cautious about making major purchases in light of uncertainty around fuel prices and other inflationary pressures.”
“The slowdown in housing demand has swollen the inventory of homes for sale, putting downward pressure on home prices in some markets,” added Muir. A total of 60,008 homes were for sale on the MLS® in July, an increase of 63 per cent from the previous year. “While this inventory is expected to decline in the coming months, most BC regions will remain in buyers’ market territory for the remainder of 2008.”
Year-to-date MLS® residential sales dollar volume in the province declined 18 per cent to $23.2 billion compared to the same period last year. Sales transactions fell 24 per cent to 49,448 units, while the average residential price increased 8.2 per cent to $469,676 over the same period.
For the complete news release, including detailed statistics, follow this link: www.bcrea.bc.ca/news_room/2008-07.pdf.
Great central downtown location, close to everything. Perfect studio suite for investment or first time buyers. Currently renting for $1275 per mo (tenant moving out end of June). This suite has been completely renovated with attention to all detail. Kitchen upgrades include new cabinetry, counters, tiling, stainless appliance package,laminant flooring, designer paint. Completely renovated bathroom including new vanity, bathtub and tiling. Furnishings are negotiable. To see additional pictures on this listing and others please visit out website. First Showing this Saturday May 31, 2-4 Please phone to book appointment:
In a recent video session, Victoria Farrell and Nicholas Meyer of Downtown Suites Sales went over the main steps in the purchase process, which are of particular interest to investors overseas.
Downtown Suites has long been a member of the Better Business Bureau, and as their new card came to us recently in the mail, I decided to show it in this brief video clip.
Vancouver-born Real Estate professional Debra Porteous is another of our trusted realtor colleagues here at Downtown Suites. Debra applies her specialized marketing and education background to Vancouver’s waterfront properties and is an experienced sales expert in Vancouver’s luxury waterfront homes from False Creek to Coal Harbour.
As integrity, confidentiality and respect for clients is the foundation of her business, we are very grateful for her referrals to investor clients. Like many in our network of trusted and established realtors, Debra has acquired many achievement awards over the years. She is in the top 5% of all Vancouver realtors and has been a Gold Master Member of MLS Medallion Club of Greater Vancouver for 14 consecutive years. Within Re/Max, she has received the Re/Max Hall of Fame Award (over 700 homes sold), the Re/Max Chairman’s Club (top volume of sales within the company) and Re/Max Platinum Club Award (top level of sales achievement in the industry,) and was one of the top 100 Re/Max Residential Sales Agents in Canada (2006.)
(originally posted August 1, 2007)
A key realtor who has referred investor clients to us is Gregg Baker, of McDonald Realty. Having specialized in Vancouver’s West Side, Downtown and Coal Harbour condominium market for over 15 years, he has established a strong reputation for his knowledge,work ethic, and professionalism. He has made the MLS Medallion Club, ( top 5% of Vancouver realtors) each year since 1996, and is a well known Top Producer for Macdonald Realty, among the top 5 agents of Macdonald Realty Ltd. (#1 resale condomimium properties). We’re very pleased at Downtown Suites to be a Property Management company that Gregg trusts us to recommend our services to his condominium investment clients.
(originally posted July 30, 2007)
In the Property Management field, we’re grateful for the referrals of investment clients from our realtor colleagues. At Downtown Suites we are especially pleased to be working with Les Twarog in relation to his condominium sales. Les is one of Vancouver’s most successful realtors, who has placed in the top 1% of all realtors in the Lower Mainland for many years. He has been consistently producing high results through all the fluctuating market conditions and is often asked by media for his views and comments on real estate issues in the media. His most recent acknowledgments in 2007 include ReMax Chairman’s Club list of achievers and a Lifetime Achievement Award, recognizing his over $3,000,000 earnings in paid commissions to date. At the age of 8, Les came to Canada from Poland with his family, and his real estate career reveals a rapid rise to success. And check out Les Twarog’s comprehensive website.
(originally posted July 30, 2007)
Maggie Chandler, knowledgeable and well-established Westside realtor.
For some time now at Downtown Suites we have been pleased to be working closely with successful realtor Maggie Chandler. Maggie’s work in the Vancouver Westside market and her specialization in condominiums, (specifically Downtown, Yaletown, West End, Coal Harbour, Kitsilano, False Creek and Fairview) fits well with our property management focus at Downtown Suites. We are grateful that she refers investment clients to us for their suite management.
Maggie was born in Barbados and has lived in Vancouver since 1973, and obtained her real estate license in 1981. In her over-25 years as a top producer, ranking in the Real Estate Board’s Top 1% for 4 of those years and top 10% for 17 years, including 2006 MLS Medallion Club Member, reveals her established knowledge and success. As well, over 70% of her business originates from repeat clients and their referrals, as Maggie has dedicated many years building lifetime relationships.
We are pleased and grateful to count Maggie Chandler as one of our professional colleagues. For more on Chandler Realty please check out her website.
(originally posted July 30, 2007)
