The last census was in 2006 and it found that the population of Vancouver’s Downtown was 43,000, up 55% from 5 years ago. The information in this post is published on City of Vancouver’s website Community Webpages

Vancouver’s Downtown consists of 375 hectares and the largest age group is 20-39, followed by 40-64. 56% of them speak English as their mother tongue. In Vancouver 49% of the residents speak English as their mother tongue. A whopping 73% of them moved since the last census. Median household income is $44,000.

 Read the all the stats here.

False Creek North is located on the former EXPO 86 site, on the north shore of False Creek, development of this 83-hectare (204-acre) site will include 8,500 residential units housing for more than 14,000 people, 2.6 million square feet of commercial space, social housing, parks, schools, community facilities, and a waterfront walkway and bicycle route.

Yaletown  Once the city’s warehouse district, Yaletown is today a revitalized part of the city and a “trendy” place to live, work, and do business. The area north of Pacific Boulevard, between Nelson and Drake Streets, is home to a mix of art galleries, retail stores, restaurants, office and residential developments.

Like many areas of Vancouver, Yaletown’s early days were shaped by the arrival of the Canadian Pacific Railway in 1887. Yaletown acquired its name when the railway moved its construction equipment and repair shops from Yale in the Fraser Canyon to the railway’s western terminus of Vancouver.

The next 20 years saw many sawmills and shingle mills locate on the north side of False Creek. By the turn of the century, business was booming throughout B.C. and Vancouver had become the wholesaling centre for western Canada.

In 1900, the City laid out streets and planned a new eight-block warehouse district near the original Yaletown. This new Yaletown (the one most commonly recognized today) was bounded by Nelson, Homer, Drake and Pacific streets, and was a convenient and cheap point for the processing, repackaging and warehousing of goods.

In the late 1920s,Vancouver created its first city plan and Yaletown was zoned for commercial and light industrial use. Although the city expected more warehouses to be built, the advent of truck trailer transport prompted many industries to move closer to major highways. By the 1950s, so many homeowners had sold to factories and shops that the Central School at Dunsmuir and Cambie was forced to close.

The area was home to little more than parking space until the late 1970s and 1980s when young urban professionals discovered that Yaletown’s old warehouses were convenient, inexpensive and attractive. Today, former industrial buildings, warehouses and working-class houses have been transformed into offices, restaurants and trendy nightspots. Loft-style residences also proliferate.

The heritage significance of the old Yaletown truck loading docks and their characteristic overhanging canopies has been recognized by City Council as a unique architectural feature identifying the area. Pedestrian traffic, outside seating and other active uses are recommended for these areas.

It also lists major projects and construction.

contact Maggie for more information on Vancouver’s Downtown neighbourhood

this site is updated regularly, subscribe via RSS or email. when you’re ready to take advantage of Vancouver’s lower prices and lower interest rates, call Maggie Chandler, an experienced realtor marketing Vancouver homes since 1981

Community Statistics for Vancouver’s Downtown is a post from: Vancouver Real Estate-Vancouver Homes For Sale

couresy community webpages

Just over a century ago, Vancouver was a two-block collection of buildings called Granville (now known as Gastown). This location on Burrard Inlet was competing to be the west coast terminus of the Canadian Pacific Railway. By 1887, a year after the City of Vancouver was incorporated, the first passenger train arrived at the foot of Howe Street, and future growth was assured. In the next seven years, a building boom began to move the city centre from Water and Cordova Streets up to Georgia and Granville Streets.

 Streetcar service was initiated in 1890, joining the waterfront to Granville, Pender and Cordova Streets. The next period of growth was sparked by the Klondike Gold Rush in 1898. The following decade confirmed Granville Street as the centre of Downtown, and a real estate boom spiraled land costs upwards. By 1912, a core office and shopping area was well developed, flanked by comfortable residential neighbourhoods. The period after World War I saw another economic leap forward and more Downtown development. The 1929 stock market crash halted it all, and began a thirty five year period of very little change in the area.The late 1960s and 70s saw rapid growth in the Downtown and adjacent areas such as the West End. Vancouver solidified its position as an international financial and business centre and white collar jobs in the city core multiplied. Pacific Centre Mall was developed and Granville Street was transformed into a transit mail. Rapid changes to the skyline, combined with urban renewal proposals for Gastown and a freeway through Chinatown lead to a surge of resident concerns about the future of the Downtown.   Citizen involvement successfully defeated the freeway proposals, and in 1971 the provincial government designated Gastown and Chinatown as historic districts. The Robson Square Courthouse and Vancouver Art Gallery complex was completed in 1977 creating an important public space in the heart of the Downtown.  Industrial land surrounding False Creek was rezoned to permit comprehensive redevelopment into residential neighbourhoods. The early 80s saw a 60,000 seat indoor stadium called B.C. Place built just south of the Georgia Viaduct. In 1986 the north shore of False Creek was the venue for an international exposition, EXPO 86. The Canada Place Trade and Convention Centre was constructed on Burrard Inlet as Canada’s pavilion to the fair. It is also the city’s cruise ship terminal The first phase of SkyTrain, linking Downtown to New Westminster, was also built to coincide with EXPO.In the late 1980s, the Downtown was clearly in transition from a precinct dedicated mostly to commerce, to a cluster of neighbourhoods ringing a thriving office and shopping district. Council adoption of the Central Area Plan in late 1991 confirmed this direction by establishing overall goals and land use policy for the Downtown. False Creek North – located on the former EXPO 86 site, on the north shore of False Creek, development of this 83-hectare (204-acre) site will include 8,500 residential units housing for more than 14,000 people, 2.6 million square feet of commercial space, social housing, parks, schools, community facilities, and a waterfront walkway and bicycle route.Yaletown – Once the city’s warehouse district, Yaletown is today a revitalized part of the city and a “trendy” place to live, work, and do business. The area north of Pacific Boulevard, between Nelson and Drake Streets, is home to a mix of art galleries, retail stores, restaurants, office and residential developments.Like many areas of Vancouver, Yaletown’s early days were shaped by the arrival of the Canadian Pacific Railway in 1887. Yaletown acquired its name when the railway moved its construction equipment and repair shops from Yale in the Fraser Canyon to the railway’s western terminus of Vancouver.Downtown South
In 1991, Council amended Downtown’s Official Development Plan for the area known as Downtown South. Located south of Robson Street, east of the West End, and north of Pacific Street and historic Yaletown, this 51 ha (128 ac) area will be transformed into a high-density residential and mixed-use community. By 2020, the area should be home to approximately 11,000 people in 5,600 housing units. Guidelines are in place to provide view protection and ensure a livable, high density neighbourhood for residentsThe register is the way city staff and the public keep track of building of heritage value. Buildings are graded depending on their architectural, historical or contextual value, and some are “protected” through heritage designation.Heritage – Within the downtown core there are many landmark buildings, including:
The Hotel Vancouver (1929-1939), 900 West Georgia
The Marine Building, (1930), 355 Burrard
The Sun Tower (1912), 100 West Pender,
Christ Church Cathedral (1889-1895), 690 Burrard
CPR Station (1914), 601 West Cordova
Court House/Vancouver Art Gallery(1906-1912), 800 West Georgia
Woodwards (1903, plus 9 additions), 101 West Hastings
B.C. Hydro Building (1957), 970 Burrard View the City’s Heritage Conservation Program   more history and great old pictures Know some vancouver downtown history you’d like to share with us? keep up to date with Vancouver’s changing real estate market, subscribe via RSS or email. contact Maggie when you’re ready to buy or sell vancouver real estatewhen you’re ready to buy or sell in Coal Harbour, contact Maggie, an experienced realtor marketing vancouver homes since 1981

History of Downtown Vancouver is a post from: Vancouver Real Estate-Vancouver Homes For Sale

It’s taken the old Expos’86 lands about 15 years to be developed into a Downtown residential neighbourhood and few lots now remain.

As the Most Liveable City in the World looks for more sites, it is moving east and Chinatown is front and centre, as the City decides on Historic Area Heights Review, determining which buildings merit a heritage designation and which can be redeveloped into 15 storey hi-rises.

Of course, as progress marches on, there are those who embrace it and those who reject it.

That’s right, Chinatown — historic home of the city’s Chinese-Canadian community and recent magnet of a string of new Waves coffee shops and posh-looking venues to eat and drink (Cafe Brixton, London Pub).

According to the DTES Neighbourhood Council (DNC), a handful of Chinatown residents met on Saturday at the Lore Krill co-op about the proposed building of high-rise condo towers in their area. Many residents were hearing about the proposed condos for the first time and expressed fears of increased rent in the neighbourhood

DNC board member Ivan Drury says of the 15 people who showed up to the meeting, most had never heard about the proposed condos.

“No one had been consulted in advance about the condos,” says Drury.

“Chinatown is also historically low-income and working class,” he says. “It’s not just about how much the buildings are worth, but also about the assets of community — friends, neighbours, family.” He says he hopes that those involved in the condo proposal will understand the value of community which will be lost when the area is opened up to high-income condos.

A public hearing about the condos will be held on March 17. If you’d like to express your thoughts at the hearing, register by phone before 5:00 pm, March 17 by calling Tina Hildebrandt in the City Clerk’s Department at 604.873.7268.

Read the article http://www.vancouverobserver.com/city/2011/02/21/chinatown-residents-group-rejects-proposed-condos

In Chinatown, Residents Group Rejects Proposed Condos is a post from: Vancouver Real Estate-Vancouver Homes For Sale

How is the market in Downtown Vancouver during December?

What is the average price? How long does it take to sell a Downtown condo? Are prices up or down? Are listings and sale up or down? How does the market compare to a year ago? What price range is selling the best?

What’s Selling?

A bottom end market with 80% of the Downtown Vancouver sales under $500,000 and only 10% sales over $700,000. Only 5% of sales over $1M. Inventory equal to  March

Most and Least Expesnive?

$11.2M for the Mark Penthouse and  $229,000 for a studio

The Numbers (vs. previous month)

• Listings 364 ( 375)
• Sales  60 (96)
• Days on market  39 (45)
• Sale price/list price ratio  97% (96% )
• Average sale price $488,088 ($478,650)
• Sale price psf –660 ( 647)
• Inventory  - 6 months (3.9)

What’s the 30 day trend?

Listings flat and sale way down – normal for December. Average sale price up slightly.

What’s the 90 day trend?

Listings and sales are lower

What’s the 12 month trend?

HPI  is up 6.9 % compared to a year ago.

Benchmark Price is $455,186

Good time for buyers! View my other Vancouver Downtown stats. Keep up to date with Vancouver’s real estate news, search for homes. Review the entire Buying and Selling Process.

Buying or selling in Vancouver’s Downtown?

• I come armed with stats and graphs
• I educate you so that your real estate experience is fun
• I bring decades of experience with me
• And offer great interpersonal skills
• Contact me today!

How Is the Vancouver Downtown Real Estate Market? is a post from: Vancouver Real Estate-Vancouver Homes For Sale

Welcome home to a residence of fine distinction – Vancouver’s L’Hermitage En Ville, a boutique hotel/condo

Steps to Robson Street shopping, restaurants and theatres and walking distance to the business distance.

• You’ll love my NE exposure with great mountain, water and city views
• I’m a well laid out 2 bdrm & den. Cooks will love my gourmet kitchen with Eggersmann cabinets, Sub-Zero and Bosch gas cooktop & appliances
• I have walnut hardwood floors, spacious baths, A/C, exquisite fixtures, high ceilings and two parking stalls and a locker
• L’Hermitage offers fantastic amenities like a 5-star hotel including an elegant lobby, concierge service, owners’ lounge, hot tub, meeting room and more. Outdoor pool with membership. Sleek sophistication & uncompromising style
• I rent furnished for $3,000 pr month
• Walkscore 100
• View me!
• I’m very sharply priced and will sell quickly!

OPEN SAT  , JANUARY 21 FROM 11-12  NOON BY APPOINTMENT

Welcome Home to Vancouver’s L’Hermitage En Ville – Vancouver Condos for Sale is a post from: Vancouver Real Estate-Vancouver Homes For Sale

How is the market in Downtown Vancouver during November?What is the average price? How long does it take to sell a Downtown condo? Are prices up or down? Are listings and sale up or down?

What’s Selling?

A bottom end market with 70% of the Downtown Vancouver sales under $500,000 and only 10% sales over $700,000. Only two sales over $1M. Inventory equal to  March

Most and Lease Expesnive?

$11.2M for the Mark Penthouse and  $229,000 for a studio

The Numbers (vs. previous month)

• Listings 375 (530)
• Sales 96 (96)
• Days on market (45)
• Sale price/list price ratio  96% (96)
• Average sale price $478,650 ($478,650)
• Sale price psf – 647  (647)
• Inventory 3.9 months  (5.5)

What’s the 30 day trend?

Listings way down and sales are flat. Average sale price also flat

What’s the 90 day trend?

Listings and sales are lower

What’s the 12 month trend?

HPI  is up 0.8 % compared to a year ago. Sales are a tad higher and listings are lower

Benchmark Price is $442,626

Good time for buyers! View my other Vancouver Downtown stats

Buying or selling in Vancouver’s Downtown?

• I come armed with stats and graphs
• I educate you so that your real estate experience is fun
• I bring decades of experience with me
• And offer great interpersonal skills
• Contact me today!

How is the Vancouver Downtown Real Estate Market? is a post from: Vancouver Real Estate-Vancouver Homes For Sale

Attention Vancouver Shangri-la Condo Owners!

Do you live at 1111 Alberni Street, Vancouver, BC?

I have a qualified buyer looking for an 05 suite below the 37th floor or an 04 suite above the 37th floor.

Please call me if you’re thinking of selling your condo!

About Me

Selling Your Vancouver Shangri-la Condo at 1111 Alberni? is a post from: Vancouver Real Estate-Vancouver Homes For Sale

How is the market in Downtown Vancouver during October? What is the average price? How long does it take to sell a Downtown condo? Are prices up or down? Are listings and sale up or down?

What’s Selling?

A bottom end market with only 30% of the Downtown Vancouver sales over $500,000 and only 4 sales over $700,000. No sales over $1M. August listings and and sales were flat, compared to July.  Inventory at 5.5 months, up from 3.7 in March

Most and Lease Expesnive?

$11.2M for the Mark Penthouse and  $210,000 for a studio

The Numbers

• Listings 477
• Sales 86
• Days on market 50
• Sale price/list price ratio 97%
• Average sale price $445,358 (down)
• Sale price psf – 645
• Inventory – 5.5  months

What’s the 30 day trend? Listings and sales are flat. Average sale price softening.

What’s the 90 day trend? Listings are down and sales flat

What’s the 12 month trend? HPI  is up 2.4% compared to a year ago,  sales are the same and listings are much lower

Good time for buyers! View my other Vancouver Downtown stats

Buying or selling in Vancouver’s Downtown?

• I come armed with stats and graphs
• I educate you so that your real estate experience is fun
• I bring decades of experience with me
• And offer great interpersonal skills
• Contact me today!

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How is the Real Estate Market in Downtown Vancouver? is a post from: Vancouver Real Estate-Vancouver Homes For Sale

Shangri-La’s first North American hotel attracts global spa travelers.

Spas of America, a leading spa travel website showcasing the best Spa & Wellness experiences in North and South America, today announced the launch of CHI, The Spa, located in the Shangri-La Hotel, Vancouver. The Asian-inspired 119-room luxury hotel, located in vibrant downtown Vancouver, BC, occupies the first 15 floors of a 61-storey landmark building, the tallest in the city.

“Shangri-La is one of the world’s premier hotel companies, consistently setting the luxury bar on a global stage, says Spas of America president Craig Oliver. “And now the CHI concept of a “spa within a spa” environment with five individual treatment suites and one spacious couple’s suite is taking spa travelers to a new level of spa and wellness – in the center of one of the most beautiful cities in the world.”

Read more:

Have a favourite Vancouver Spa?

Vancouver’s Shangri-la Attracts Global Travellers – Homes for Sale in Vancouver is a post from: Vancouver Real Estate-Vancouver Homes For Sale

How is the market in Downtown Vancouver? What is the average price? How long does it take to sell a Downtown condo? Are prices up or down? Are listings and sale up or down?

What’s Selling?

A bottom end market with only 25% of the Downtown Vancouver sales over $500,000 and a mere 8% over $1M. August listings and and sales were flat, compared to July.  Inventory climbed to 7.2 months. Up from 3.7 in March

Most expesnive?

$11.2M for the Mark Penthouse.  Least expensive? $225,000 for a studio

The Numbers

• Listings 495 (flat)
• Sales 68 (flat)
• Days on market 43
• Sale price/list price ratio 97%
• Average sale price $535,675
• Sale price psf – 654
• Inventory – 7.2 months

What’s the 30 day trend? Listings and sales flat

What’s the 90 day trend? Listings up and sales down

What’s the 12 month trend? HPI  is up 5.9% compared to a year ago,  sales are the same and listings are much lower

Good time for buyers! View my other Vancouver Downtown stats

Buying or selling in Vancouver’s Downtown?

• I come armed with stats and graphs
• I educate you so that your real estate experience is fun
• I bring decades of experience with me
• And offer great interpersonal skills
• Contact me today!

Vancouver Downtown Real Estate Update – August 2011 is a post from: Vancouver Real Estate-Vancouver Homes For Sale