YALETOWN CONDOS including FALSE CREEK NORTH CONDOS
Yaletown/False Creek North is located in the South East part of the Downtown Vancouver pensinsula.
Many of its luxury waterfront condo buildings have stunning views of False Creek and/or English Bay.

Are you looking to buy or sell your Yaletown condo, Penthouse or townhome? Contact area specialist & Certified International Luxury Homes Marketing member Holly Wood 604-561-9699   Moving to Canada? Click here to find out more.

Yaletown Real Estate trends November  2016
  • 121 Yaletown condos are currently listed for sale
  • 5 Yaletown townhomes are currently listed for sale on MLS®.
  • 129 condos have sold in Yaletown since August 2, 2016.
  • 5 Yaletown townhomes have sold since August 2, 2016

Vancouver Real Estate trend - November 2016

  • In November 2016 condo sales in Greater Vancouver reached 1200 this represents a 22.7 percent decrease compared to November 2015.
  • In November 2016 townhome sales in greater Vancouver reached 376 this represents a 40.9 percent decrease compared to November 2015.
  • The benchmark price of condos in Greater Vancouver increased by 18 percent to $512,100 compared to October 2015
  • The MLS® home price index composite benchmark price for all residential properties in Greater Vancouver is currently $908,300. This represents a 20.5% increase compared to November 2015.
  • Click here for "STATS".

Home buyers and sellers are taking a wait and see approach. The current sales to active listings ratio is 26.4 percent, upward pressure on markets are when the percentage goes over 20 percent. It'll take some months before we can really understand the impact of the new tax with several new conditions being brought into place. Sellers now is still the time to list your home, especially if you are the owner of front row waterfront properties - 1 and 2 bedrooms continue to be very favourable in this current market place as well. Some properties are still seeing multi offer situations in Yaletown over on Marinaside. Please call me as I have many buyers looking for your exact home!!!!!   Click "Google map"  to search all properties.

 

Are you waiting for the right time to buy your new428 Beach Yaletown condo?
Now is a great time for buyers:

  1. Mortgage rates are low, 2.44% for a 5 year fixed and some institutions offer lower variable rates. Some new rules came into place, so contact your mortgage broker for current updates.
  2. Prices are more reasonable compared to other world class cities around the world.
  3. You may need to worry about competition in a multiple offer situation so please have a Realtor at your side.
  4. Government reduces tax burden on first time buyers. Effective February 19, 2014 under the Property Transfer Tax (PTT) First Time Buyers Exemption program, qualifying first time buyers can buy a home worth up to $475,000. The partial exemption continues and will apply to homes valued between $475,000 and $500,000
Newer Yaletown condos and False Creek North condos

Ericksen
  • In 2010 The Erickson completed - see picture to the right. The Erickson is the luxury condo and townhome development at 1560 Homer Mews located at the bend in False Creek and adjoining the sea wall. Many of the condos and townhomes have wonderful close in water views. 
  • In 2009 three buildings just north of the Cambie bridge completed:
    1.  
    Flagship at 8 Smithe Mews,
    2. 
    Coopers Lookout Villas at 9 Smithe Mews and
    3. 
    Coopers Lookout at 33 Smithe Street.
  • In 2008 four buildings completed
    1. Luxurious Grace located at
    1280 Richards and 499 Drake. -  a beautifully designed building with attractive features.
    2. Heritage style
    Ellison at 1228 Homer
    3. 
    H&H at 1133 Homer
    4. and the third and last phase of Yaleton Park at
    977 Mainland. The first phase is 928 Homer (2006) and the second phase is 909 Mainland (2007).

 Please contact me for more information about the above or other properties.


 

As a leading Yaletown/Falsecreek condo, Penthouse and townhome specialist, I have been successfully selling real estate since 2005. A Certified Luxury Homes Marketing Member who specializes in Luxury View and Waterfront properties. I have worked with many non resident Buyers and Sellers as well as local clients.

Are you looking for SUPERIOR results? Contact me and take the first step to achieving your goal.

Holly Wood  ph: 604-561-9699

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