Call: 1.604.275.2997 Email: ron@thevpgroup.ca
14 prestigious neighbourhoods. Benchmark price $748,100. 10-year high inventory. Broadway Subway arriving 2027.
• 30-year amortizations for all first-time buyers
• Insured mortgages increased to $1.5 million
• 10% improvement in purchasing power
• First-time buyer exemptions up to $835,000
With inventory at 10-year highs and prices below peak, buyers enjoy unprecedented choice and negotiating power. The sales-to-active ratio of 13% firmly establishes buyer-favorable conditions across all Vancouver West neighbourhoods.
30-year amortizations now available for all first-time buyers and new construction. Insured mortgages up to $1.5M with as little as 5% down.
Property Transfer Tax exemption on homes up to $835,000. New build exemptions up to $1.1M. Combined savings can exceed $15,000.
Current buyer's market conditions + Broadway Subway completion 2027 = optimal entry timing. Properties near future stations offer highest appreciation potential.
Federal ban extended to 2027. BC's 20% foreign buyer tax remains. This has reduced speculation and created current buyer-friendly conditions.
A top-floor one bedroom at Windgate Encore, a rainscreened 1993 low-rise on a quiet Fairview street just off the Off-Broadway bike route. The 634 sq ft interior centres on a vaulted living room with a gas fireplace that opens to a covered balcony, with laminate floors through the main living areas and a separate dining area beside the kitchen. In-suite laundry, plus an elevator, bike room and storage in the building; the roof was replaced in 2009. Charleson Park, the False Creek seawall and Granville Island are a short walk south, while West Broadway's shops, cafes and transit sit a few blocks north. Measurements approximate; buyer to verify if important. Open House: Sat, July 11 from 11-1:00 PM & Sun, July 12 from 2-4 PM.
Bike Room, Trash, Maintenance Grounds, Hot Water, Management
RE/MAX Crest Realty
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Ron Parpara PREC - Vancouver Realtor
Old address: 1286 Homer St #400, Vancouver, BC V6B 2Y5
New address: 701 W Georgia St, Suite 1500, Vancouver, BC V7Y 1G5
(604) 275-2997, ron@thevpgroup.ca
