Luxury tower s cantilevered units will have Fifteen Fifteen residents living on the edge downtown vancouversun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vancouversun.com Daily Mail and Mail on Sunday newspapers.
The Army & Navy’s former complex uniquely punctures through the city block, fronting both West Cordova Street and West Hastings Street.
The larger north parcel at 36 West Cordova Street, with a four-storey building, containing over 100,000 sq ft of total floor area, was first built in 1893. It still boasts a heritage brick frontage, spanning a considerable street frontage length of 245 ft (75 metres).
However, the south parcel, a 1913-built, five-storey building at 15 West Hastings Street with about 35,000 sq ft of total floor area, has lost all of its heritage value over the years due to decades-old retrofits that removed the original facades. Currently, this smaller building is leased to the municipal government and BC Housing for use as a temporary homeless shelter with a capacity for up to 60 people. The shelter opened this past spring as part of a broader strategy to end homeless encampments.
1. Vancouver detached home: 3148 East 47th Ave.
Yes, it exists. There is a detached home for sale in Vancouver for less than $1 million. One hundred dollars less, with an asking price of $999,900.
Surprisingly, this property has a real house on it (small at 832 square feet) and is on a true-sized lot (33 feet wide and 103 feet deep). The neighbourhood, Killarney, is a hold out for relatively good value in the Vancouver market, with several detached homes selling for between $1 million and $1.5 million over the past six months. This house at 3148 East 47th Avenue in Vancouver is listed for $999,900.
This property doesn’t have a back lane, which reduces its value, but offers more privacy and security.
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Adding more rental properties has become a popular mantra for some developers. The latest to infuse this into plans is Bosa Properties CEO Colin Bosa, who is looking to create hundreds of new rental units across various sites in Vancouver, Burnaby, Squamish and Surrey.
“Quite frankly, we saw the market (for presale condos) potentially slowing down last year,” said Bosa.
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“We’re really interested in keeping our people employed. (Building rental) allows for some diversity of earnings so that we can ensure there is work for our employees because that was something that was top of mind for us as we’re going through COVID.”
Media Advisory - Government of Canada to Make Major Housing-Related Announcement In Burnaby yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.