More Affordable?

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In essence, the 2010 Norquay Plan intended for accelerated replacement of the most affordable existing older housing to provide opportunities for developers to sell brand-new units to a different demographic. The City of Vancouver refused to carry out a social impact analysis for the local area as part of the planning.

 

 

The following price data for new housing types in the Norquay area was assembled on 19 March 2017, and reflects observations collected from Multiple Listing Service during the first quarter of 2017.
 

 
Duplex

     2737 Duke St           $1,128,000     1271 sq.ft.     Resale (3 yrs old)

     4672 Clarendon St      $1,248,000     1647 sq.ft.     New

     2466/2468 E 37th Ave   $1,338,000     1462 sq.ft.     New

     5678/5680 Rhodes St    $1,388,800     1873 sq.ft.     New

 

 
Small House

Both of these are infill houses on large lots in the RT-11 zone, separated from the main duplex and from the laneway house by 8 ft. Only two developments have been built with this configuration, and neither infill house has sold after more than a year on the market.

     2355 E 41st Ave         $973,000      1548 sq.ft.     New

     5512 Dundee St          $825,000      1330 sq.ft.     New

 

 
Stacked Townhouse

     4575 Slocan St           $869,000     1271 sq.ft.     New

     5184-2601 E 37th Ave     $858,000     1274 sq.ft.     Presale

     5188-2601 E 37th Ave     $588,000      841 sq.ft.     Presale

     5186-2601 E 37th Ave     $488,000      649 sq.ft.     Presale

 

 
Laneway House

     2470 E 37th Ave          $745,000      802 sq.ft.     New

 
 

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Written by eyeonnorquay

1 April 2017 at 11:55 am

Posted in News

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