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Alfred Jeffrey Real Estate

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Canada
West Vancouver, BC
Alfred Jeffrey Real Estate

Realtor in Vancouver born and raised on the north shore. Up to date with the latest training for contracts, statistics and strata.

Using technology, research and analytics to market your property to the highest degree.

11/18/2021

Industrial direction: strata stacked and amenity packed 🌆

Two new projects underline trend toward multi-level space where every square foot is sold, and the perks rival residential condo towers

Wesbild and Kingsett Capital’s Marine Landing project in southwest Vancouver opens 2024: 90 per cent of all the industrial space in the first tower is already sold.

They are on different ends of the city but two industrial projects show the direction of new industrial construction in the city of Vancouver, where the industrial vacancy rate is the lowest in Canada and leasing and land prices are the highest.

The development direction is to build higher, the spaces are sold rather than leased, and the projects are packed with the level of amenities normally seen in residential condo towers.

Called Frameworks, it will have 85 strata commercial units priced from $725 per square foot. Strata units start at 1,300 square feet for industrial space and 1,000 square feet for offices on the top two floors.

11/14/2021

BC Housing Market at Historically Low Level of Supply

"The story across the province continues to be the record low number of listings," said BCREA Chief Economist Brendon Ogmundson. "Rising mortgage rates should start to temper sales activity next year, but even with a moderation in demand it will take quite some time for the inventory of homes to return to a healthy level."

Total active residential listings were down nearly 40 per cent year-over-year in October, falling to an all-time record low for the province. Active listings have now fallen for five consecutive months on a seasonally adjusted basis.

Year-to-date, BC residential sales dollar volume is up 69.7 per cent to $99.6 billion compared to the same period in 2020. Residential unit sales were up 42.8 per cent to 108,798 units, while the average MLS® residential price was up 18.8 per cent to $915,833.

11/10/2021

JUST LISTED! 🏘

306 5700 Larch Street, Vancouver
List: $1,988,000

Rarely available completely renovated patio suite in Elm Park Place! Located in the heart of Kerrisdale across from Elm Park, this stunning 1435sqft corner suite features a custom renovation and an incredible 1350 SF private patio. High-end finishings include wide-plank Kentwood flooring throughout, extensive use of Carrara marble and natural stone, sleek linear gas F/P, extra large walk in rain shower in the master bath, chef's kitchen with Thermador appliances and 6-burner gas stove, brilliant ambient lighting, and much more. Experience true indoor/outdoor living perfect for entertaining, gardening and BBQing. Enjoy central air conditioning, garbage chute right outside your door, 2 side-by-side parking, and storage locker. Don't miss this rare opportunity - call today!
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11/04/2021

October REBGV 2021 Stats are out! 🏠 📊 📈 The summary is: VERY LOW INVENTORY!

Home sale activity in Metro Vancouver* remained above historical averages in October while the overall supply of homes for sale dipped to levels not seen in three years.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,494 in October 2021, a 5.2 per cent decrease from the 3,687 sales recorded in October 2020, and an 11 per cent increase from the 3,149 homes sold in September 2021.

Last month’s sales were 22.4 per cent above the 10-year October sales average.

There were 4,049 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in October 2021. This represents a 27.3 per cent decrease compared to the 5,571 homes listed in October 2020 and a 21.7 per cent decrease compared to September 2021 when 5,171 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 8,034, a 35.3 per cent decrease compared to October 2020 (12,416) and a 13 per cent decrease compared to September 2021 (9,236).

10/26/2021

JUST SOLD! 🥂

106 3205 Mountain Highway, North Vancouver
List: $649,000

Congratulations to our buyers M + T on securing their new home at MILL HOUSE!

This lovely 1 bedroom + den is 655 sq ft and offers a great open floor plan with 9 ft ceilings and contemporary laminate flooring. The kitchen features 2-toned cabinetry, SS appliances, and quartz countertops. Bedroom features a walk in closet and 4 piece bathroom with floating vanity. Skip the lobby and access your suite via your private and secured ground level patio! Oversized storage with roll-up aluminum door, bike storage in your parking space, and 2 EV charging stations. Steps to Lynn Valley Village centre featuring Public Library, Shopping and Restaurants.

Thanks must go out to & for working with us to put this deal together. 🤝
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10/23/2021

No mustache 🥸, not even for November.

Much thanks to for catching the shots, would highly recommend for anyone who wants to look better than they are!

10/21/2021

City of North Vancouver OKs two new all-rental buildings!

Two more six-storey buildings are coming to the City of North Vancouver, bringing 130 new purpose-built rental homes to Upper Lonsdale and Mosquito Creek. The first project at 705 West Third St.

In both projects, as with all new rental buildings in the city, 10 per cent of the units must be offered at 10 per cent below market rates, as determined by the Canada Mortgage Housing Corporation, for the lifespan of the building.

10/13/2021

INNOVA by Cascadia Green now available!

Spanning the 400 block East 3rd Street in Lower Lonsdale/Moodyville and due for completion in October 2023, Innova consists of 168 residential units and 30,000 square feet of commercial space. Innova will also feature two daycares (one owned by the City as a non-profit) and a covered gathering space for neighbourhood residents. Plus, the retail spaces will be sold at a discount to “local business operators who never had the opportunity to own their own commercial property before.
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10/03/2021

JUST SOLD!

1507 135 E 13th Street, North Vancouver
List: $799,900

Congratulations to our Buyer, L, on the purchase of their new home at Millennium! Central Lonsdale’s first true luxury residences, with views that defy description. This new development offers luxury living, enhanced by inspiring panoramas of Burrard Inlet and the Vancouver skyline – impressive by day, magical at night. With innovative floor plans offering window walls that showcase stunning views. Large terraces for seamless indoor-outdoor living and entertaining. Every detail a blend of elegance and functionality.

Contact us today to get on our early sales list for new developments in North Van!
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Address

1555 Marine Drive
West Vancouver, BC
V7V1H9

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