Call: 1.604.275.2997 Email: ron@thevpgroup.ca
14 prestigious neighbourhoods. Benchmark price $748,100. 10-year high inventory. Broadway Subway arriving 2027.
• 30-year amortizations for all first-time buyers
• Insured mortgages increased to $1.5 million
• 10% improvement in purchasing power
• First-time buyer exemptions up to $835,000
With inventory at 10-year highs and prices below peak, buyers enjoy unprecedented choice and negotiating power. The sales-to-active ratio of 13% firmly establishes buyer-favorable conditions across all West Side neighbourhoods.
30-year amortizations now available for all first-time buyers and new construction. Insured mortgages up to $1.5M with as little as 5% down.
Property Transfer Tax exemption on homes up to $835,000. New build exemptions up to $1.1M. Combined savings can exceed $15,000.
Current buyer's market conditions + Broadway Subway completion 2027 = optimal entry timing. Properties near future stations offer highest appreciation potential.
Federal ban extended to 2027. BC's 20% foreign buyer tax remains. This has reduced speculation and created current buyer-friendly conditions.
Sensational Full-Floor Residence @ The Smithe. An expansive interior of 4,591 sf comprising 5 bedrooms and 6 luxurious bathrooms, 2 w/ steam showers and 1 w/ a dry sauna. Panoramic 360° views of the ocean, mountains and cityscape can be appreciated and outdoor living is fully realized w/ 1,697 sf of wrap-around terraces equipped w/ water, gas, & ceiling heat lamps. Extensive custom millwork, electronic blinds, coffered ceilings & a 300-bottle temperature-controlled wine room—a dream chef's kitchen with Binova of Italy cabinetry, a 17’ island, & equipped with Wolf & Sub-Zero. Interior by the talented Trepp Design and developed by reputable Boffo Developments, this home and development is a true stand out—over 4,000 sf of fine amenities, attentive concierge, 4 EV-equipped parking and more.
Bike Room, Exercise Centre, Concierge, Trash, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Engel & Volkers Vancouver
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Ron Parpara PREC - Vancouver Realtor
Old address: 1286 Homer St #400, Vancouver, BC V6B 2Y5
New address: 701 W Georgia St, Suite 1500, Vancouver, BC V7Y 1G5
(604) 275-2997, ron@thevpgroup.ca
