Jeff Benna
Please visit our Open House at 4766 KNIGHT ST in Vancouver.
Open House on Sunday, June 21, 2015 2:00 pm - 4:00 pm
Knight Street Revenue Property This is an 8 bedroom, 3 kitchen, 4 bathroom house. RT-2 zoned 33x131.95 lot. The main floor is a four bedroom two bath with master ensuite. It has living room dining room and kitchen with eatingarea. There is a gas fireplace, tile floors and a large sundeck. Downstairs are 2, two bedroom and one bath suites. There are two separate spots in the attached garage and lots of parking off the lane. This is an ideal house for a large family, investors or starting out with mortgage helpers. Centrally located to shopping on Kingsway and Knight, Parks, recreation and transportation in the heart of Vancouver. YOU'LL LOVE IT!
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I have sold a property at 4216 8TH AVE W in Vancouver.
VIEW VIEW VIEW. Downtown City Skyline, English Bay, Stanley Park and the Northshore Mountains. This is a rare opportunity to acquire one of the few remaining development lots on W 8th Avenue and build your dream house.This RS-1 Zoned, 66x111.55 lot is perfectly situated in Point Grey with convenient access to private schools, UBC, Shopping Parks and Recreation. Long-term family-owned house has five bedrooms with a large main floor and a one bedroom basement suite. Invest, hold or build a home for your generations. YOU'LL LOVE IT!
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I have listed a new property at 4766 KNIGHT ST in Vancouver.
Knight Street Revenue Property This is an 8 bedroom, 3 kitchen, 4 bathroom house. RT-2 zoned 33x131.95 lot. The main floor is a four bedroom two bath with master ensuite. It has living room dining room and kitchen with eatingarea. There is a gas fireplace, tile floors and a large sundeck. Downstairs are 2, two bedroom and one bath suites. There are two separate spots in the attached garage and lots of parking off the lane. This is an ideal house for a large family, investors or starting out with mortgage helpers. Centrally located to shopping on Kingsway and Knight, Parks, recreation and transportation in the heart of Vancouver. YOU'LL LOVE IT!
Read Full Story
Please visit our Open House at 4766 KNIGHT ST in Vancouver.
Open House on Thursday, June 18, 2015 6:30 pm - 7:30 pm
Knight Street Revenue Property This is an 8 bedroom, 3 kitchen, 4 bathroom house. RT-2 zoned 33x131.95 lot. The main floor is a four bedroom two bath with master ensuite. It has living room dining room and kitchen with eatingarea. There is a gas fireplace, tile floors and a large sundeck. Downstairs are 2, two bedroom and one bath suites. There are two separate spots in the attached garage and lots of parking off the lane. This is an ideal house for a large family, investors or starting out with mortgage helpers. Centrally located to shopping on Kingsway and Knight, Parks, recreation and transportation in the heart of Vancouver. YOU'LL LOVE IT!
Read Full Story
I have sold a property at 15 51ST AVE E in Vancouver.
West of Main. Classic 60's bungalow. This is a rare three bedroom on the main floor with formal dining room and kitchen with eating area.Downstairs is partly unfinished with high ceilings and loads of potential. There is a huge deck, attached carport, two fireplaces and oak hardwood floors thoughout. On a tree lined street close to Langara College, Golf Course, the Canada Line, Oakridge and the Community Centre. Easy access to the Airport, Downtown and all that Vancouver has to offer. YOU'LL LOVE IT!
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It continues to be a competitive spring market for Metro Vancouver home buyers. This competition continues to put upward pressure on home prices, particularly in the detached home market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 4,056 on the Multiple Listing Service® (MLS®) in May 2015. This represents a 23.4 percent increase compared to the 3,286 sales recorded in May 2014, and a decrease of 2.9 percent compared to the 4,179 sales in April 2015.

Last month’s sales were 16.7 percent above the 10-year sales average for the month.

“We continue to see strong competition for homes that are priced right for today’s market,” Darcy McLeod, REBGV president said. “It’s important to remember that real estate is hyper local, particularly in a seller’s market. This means that conditions and prices vary depending on property type, neighbourhood, and other factors."

New listings for detached, attached and apartment properties in Metro Vancouver totalled 5,641 in May. This represents a 5 percent decrease compared to the 5,936 new listings reported in May 2014.

The total number of properties currently listed for sale on the region’s MLS® is 12,336, a 23.2 percent decline compared to May 2014 and a 0.8 percent decline compared to April 2015.

“While the supply of homes for sale remains below what’s typical for this time of year, our region continues to offer a diverse selection of housing options at different price points,” McLeod said. “This diversity within the housing stock is part of what’s driving today’s home sale activity.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $684,400. This represents a 9.4 percent increase compared to May 2014.

The sales-to-active-listings ratio in May was 32.9 percent. This is the highest that this ratio has been in Metro Vancouver since June 2007.

Sales of detached properties in May 2015 reached 1,723, an increase of 18.6 percent from the 1,453 detached sales recorded in May 2014, and a 42.2 percent increase from the 1,212 units sold in May 2013. The benchmark price for a detached property in Metro Vancouver increased 14.1 percent from May 2014 to $1,104,900.

Sales of apartment properties reached 1,600 in May 2015, an increase of 24.4 percent compared to the 1,286 sales in May 2014, and an increase of 40.8 percent compared to the 1,136 sales in May 2013. The benchmark price of an apartment property increased 4.6 percent from May 2014 to $396,900.

Attached property sales in May 2015 totalled 733, an increase of 34 percent compared to the 547 sales in May 2014, and a 37.3 percent increase from the 534 attached properties sold in May 2013. The benchmark price of an attached unit increased 6.4 percent between May 2014 and 2015 to $501,000.

 

 

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I have listed a new property at 4216 8TH AVE W in Vancouver.
VIEW VIEW VIEW. Downtown City Skyline, English Bay, Stanley Park and the Northshore Mountains. This is a rare opportunity to acquire one of the few remaining development lots on W 8th Avenue and build your dream house.This RS-1 Zoned, 66x111.55 lot is perfectly situated in Point Grey with convenient access to private schools, UBC, Shopping Parks and Recreation. Long-term family-owned house has five bedrooms with a large main floor and a one bedroom basement suite. Invest, hold or build a home for your generations. YOU'LL LOVE IT!
Read Full Story
Please visit our Open House at 4216 8TH AVE W in Vancouver.
Open House on Sunday, June 7, 2015 2:00 pm - 4:00 pm
VIEW VIEW VIEW. Downtown City Skyline, English Bay, Stanley Park and the Northshore Mountains. This is a rare opportunity to acquire one of the few remaining development lots on W 8th Avenue and build your dream house.This RS-1 Zoned, 66x111.55 lot is perfectly situated in Point Grey with convenient access to private schools, UBC, Shopping Parks and Recreation. Long-term family-owned house has five bedrooms with a large main floor and a one bedroom basement suite. Invest, hold or build a home for your generations. YOU'LL LOVE IT!
Read Full Story
Jeff Benna

 


 

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