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  #1  
Old Posted Oct 4, 2021, 10:17 PM
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FarmerHaight FarmerHaight is offline
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Location: Vancouver's West End
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Quote:
Originally Posted by djmk View Post
I don't understand why people pay this kind of money for a condo when they can have a house for cheaper
For the record there is only one SFH on realtor.ca in Vancouver that has 2 beds/2 baths, and is below $1.5 million. It's a block from East Hastings, is not a new build and does not offer the amenities. If you bump that price up to $3 million, only one additional listing appears... yikes.
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  #2  
Old Posted Oct 4, 2021, 8:59 PM
officedweller officedweller is offline
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Originally Posted by whatnext View Post
I am so glad this kind of density that forumers clamour for is being approved because as we can see it helps sooo much with affordability. Yessir, just a few more of these and the affordability crisis will be licked.

303 1365 Davie Street: $1,498,000

1504e 1365 Davie Street: $2,699,900

1602e 1365 Davie Street: $1,924,900

1701e 1365 Davie Street: $5,350,900

1803w 1180 Broughton Street: $5,850,900
Well, which is more affordable, a new car or a used car?
There used to be a time when condos were depreciable assets.
In theory, the majority of condo to condo buyers "move up" so in theory that would free up other smaller condos, but not necessarily 'affordable'. These ones are probably aimed at empty nesters who are downsizing from a house.
But agreed that paying this much to live at that location versus elsewhere is crazy.
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  #3  
Old Posted Jul 5, 2021, 4:51 AM
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dleung dleung is offline
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Quote:
Originally Posted by mcminsen
I'll take the Jervis next door over this one. What kind of weird detailing is going on... what's the point of the double-height spacing of balconies if they have to put a horizontal screen where the inbetween balcony would've been to block overlook between units anyway? What's the point of the planters if you can't enjoy it from your balcony due to being blocked by the screen? The angles with the screen don't even go with anything. What's with the extra balcony glass that overlaps with the windows making it impossible to clean lol (couldn't they have just divided the last window with a yellow pane aligned with the balcony to create the same effect?). So much frivolous shit going on, when they could've put the money towards better cladding instead of the racing stripes of spandrel down the middle of the sides...
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  #4  
Old Posted Oct 4, 2021, 9:52 PM
idunno idunno is offline
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FYI like all strata projects in the West End Plan, these towers are on top of a podium of social housing that make up 25% of the units. The rents are pretty affordable from what I've seen (~$2700 for a 3 bed!).

The condos are large units that have incredible ocean views. They were never going to be cheap!
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  #5  
Old Posted Oct 5, 2021, 8:48 PM
idunno idunno is offline
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^^Hmm the listing says it's a leasehold but doesn't give the number of years left on the lease. Strange!
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  #6  
Old Posted Oct 6, 2021, 12:06 AM
Vin Vin is offline
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Only a handful of West End locations designated for taller buildings (not even that tall), with developers clamouring for them jacking up land prices, and people expect them to be cheap? Dream on.
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