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New on the BUZZ:
East
Vancouver Real Estate
Commercial Drive Real Estate
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East Vancouver Real Estate Presale
For many years, the East Side of Vancouver real estate was considered
to be a very run down and old community where you could purchase
old homes at a very affordable and reasonable cost. However, things
have changed over the past decade and a prospective home buyer
in Vancouver East property may not even get a fixer upper for
less than $750,000.
The shortage of land in Vancouver has a big part to do with it.
In addition, Vancouver East is so close to downtown and to UBC,
homebuyers have flocked here to build their dream homes on more
reasonably priced land when compared to the above counterparts.
Residential real estate developers have also come to Vancouver
east or the East Side of Vancouver to build their townhomes, condo
pre-construction projects and presales master planned home communities
because the land is cheaper and there is a bigger demographic
that can afford these new homes. In many ways, Vancouver East
real estate has been a forgotten gem ... an area that is bustling
with excitement, great urban amenities, outstanding transportation
and commuter routes and an unparelled location within the Lower
Mainland. This is why the East Side of Vancouver new real estate
projects are demanding the prices that are more than other traditionally
more enticing areas such as Burnaby and Richmond.
Vancouver East Property Locations and New Pre-Construction
Condos
If you are a new homebuyer or a new real estate investor, Vancouver
East provides some of the best purchase opportunities in the entire
city. With new presales condominiums sprouting up mostly along
the Cambie and Main corridors, within a few years, these properties
in the East Side of Vancouver will become very valuable both as
a short term primary residence investment as well as a rental
property for landlords and owners. In addition, the Southeast
False Creek area in Vancouver East real estate is a beekon of
what can happen with a master-planned development. This awesome
waterfront area is being transformed into one of Vancouver's most
exciting new neighbourhoods and will also be the home of the Athlete's
Village for the 2010 Winter Olympics in Vancouver/Whistler. In
addition, the Southeast False Creek community is a new real estate
Vancouver East property that will provide affordable housing for
first time homebuyers as well as empty nesters and downsizers
as there is so much variety in homes, waterfront condo pre-construction
properties and townhomes to choose from in this new neighourhood.
The sky is the limit when it comes to teh property transformation
of teh Vancouver East areas which is already undergoing significant
infrastrucutre and residential building upgrades.
The Eastside Vancouver Real Estate Communities
on the Rise
When visitors or people moving into the city look at a map, many
are stunned and somewhat confused by the district location names
for neighbourhoods. Take for instance, East Vancouver is just
a defining neighbourhood of the City of Vancouver real estate
market. There is also the East End of Downtown Vancouver, which
is not the same as the East Side of Vancouver real estate property.
Basically, the line drawn for the community of East Vancouver
is between the Vancouver Westside and Burnaby (just beyond Canada
Way). The most popular new development areas on the easide of
Vancouver real estate include the Commercial Drive neighbourhood
where homebuyers can find new apartment buildings, condos, luxury
residences and family townhomes all within a block of this vibrant
and multi-cultural artsy district. Mount Pleasant has become a
great place for first time homebuyers to by starter homes which
are usually older and more run down and therefore require some
tender loving care. Marpole is yet another great community for
empty nesters or young families looking to purchase single family
detached homes in the East Vancouver real estate market.
Housing Dreams are now a Reality in the Marpole
East Vancouver Community
Published in Metro Magazine, B.C. Finance Minister Carole Taylor
is joined by Rozanne Kipnes, co-chair of Tikva Housing society,
and Luis Guincher at the opening of the Dany Guincher House in
Marpole East Vancouver yesterday. Subsidized housing homes open
in Marpole – By Kristen T. for Metro Vancouver. Eleven families
and individuals who are at risk to being homeless, are living
in shelters or are disabled but independent, will have a place
to live after the opening of a subsidized apartment complex in
Marpole community of East Vancouver and is called the Dany Guincher
House. The Dany Guincher House officially opened yesterday at
a ribbon-cutting ceremony attended by Finance Minister and East
Vancouver-Langara MLA. Rozanne, co-chair of Tikva Housing Society,
said integrating support services with housing helps people move
toward more secure housing, greater self-reliance and better employment.
Celeste , a resident of the Dany Guincher House since January,
said she found herself living in shelters after her roommate suddenly
moved on and everything she place in storage was stolen. “I
was left with nothing, and no place to live,” Munro said.
“Life became very barren and bleak.” She said finding
a spot in the Dany Guincher House in Marpole community of East
Vancouver real estate was a dream come true. “The stress
of homelessness is not the way I’d ever thought my life
could go. It can happen to anyone with low income. On a side note,
Renovations of thre three storey building were funded by the Provincial
Homelessness Initiative and the Tikva Housing Society. Thank you!
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