Vancouver real estate: buyer pays $120000 over listing price for $17.4 million Shaughnessy mansion - Straight.com | Canada News Media
Connect with us

Real eState

Vancouver real estate: buyer pays $120000 over listing price for $17.4 million Shaughnessy mansion – Straight.com

Published

 on


One of the oldest mansions in Vancouver sold less than two weeks after its listing on the market.

A buyer snapped up the 1913 Shaughnessy home for $17.4 million.

The purchase price topped the listing price of $17,280,000 by an extra $120,000.

Angell, Hasman & Associates (Malcolm Hasman) Realty listed the stately home located at 1389 The Crescent.

In 2005, Vancouver journalist John Mackie reported that the property changed hands in August of that year.

“The sale price of the house isn’t available, but the 7,500-square-foot home was listed for $4,780,900,” Mackie wrote.

According to Mackie, the mansion belonged to Dick Sandwell of Sandwell Engineering, described as a “major figure in mid-20th century British Columbia”.

“An avid yachtsman and traveller, Sandwell amassed a world-class collection of books by early explorers that is being auctioned off by Christie’s in London on Sept. 21,” Mackie reported.

Market tracker fisherly.com recorded the sale of 1389 The Crescent.

The sale happened on July 27, 2020, which was 11 days after its listing.

“The architectural elegance with its bold exterior and beautiful landscape create a majestic presence with over 10,000 sq. ft. of formal and informal living on 4 expansive levels,” the listing reads.

The property features a pool.

The listing continues: “Exquisite design, master craftsmanship and period finishes blend seamlessly to create a historic masterpiece while embracing the security and convenience of today’s modern living.”

More

Let’s block ads! (Why?)



Source link

Continue Reading

Real eState

Homelessness: Tiny home village to open next week in Halifax suburb

Published

 on

 

HALIFAX – A village of tiny homes is set to open next month in a Halifax suburb, the latest project by the provincial government to address homelessness.

Located in Lower Sackville, N.S., the tiny home community will house up to 34 people when the first 26 units open Nov. 4.

Another 35 people are scheduled to move in when construction on another 29 units should be complete in December, under a partnership between the province, the Halifax Regional Municipality, United Way Halifax, The Shaw Group and Dexter Construction.

The province invested $9.4 million to build the village and will contribute $935,000 annually for operating costs.

Residents have been chosen from a list of people experiencing homelessness maintained by the Affordable Housing Association of Nova Scotia.

They will pay rent that is tied to their income for a unit that is fully furnished with a private bathroom, shower and a kitchen equipped with a cooktop, small fridge and microwave.

The Atlantic Community Shelters Society will also provide support to residents, ranging from counselling and mental health supports to employment and educational services.

This report by The Canadian Press was first published Oct. 24, 2024.

The Canadian Press. All rights reserved.

Source link

Continue Reading

Real eState

Here are some facts about British Columbia’s housing market

Published

 on

 

Housing affordability is a key issue in the provincial election campaign in British Columbia, particularly in major centres.

Here are some statistics about housing in B.C. from the Canada Mortgage and Housing Corporation’s 2024 Rental Market Report, issued in January, and the B.C. Real Estate Association’s August 2024 report.

Average residential home price in B.C.: $938,500

Average price in greater Vancouver (2024 year to date): $1,304,438

Average price in greater Victoria (2024 year to date): $979,103

Average price in the Okanagan (2024 year to date): $748,015

Average two-bedroom purpose-built rental in Vancouver: $2,181

Average two-bedroom purpose-built rental in Victoria: $1,839

Average two-bedroom purpose-built rental in Canada: $1,359

Rental vacancy rate in Vancouver: 0.9 per cent

How much more do new renters in Vancouver pay compared with renters who have occupied their home for at least a year: 27 per cent

This report by The Canadian Press was first published Oct. 17, 2024.

The Canadian Press. All rights reserved.

Source link

Continue Reading

Real eState

B.C. voters face atmospheric river with heavy rain, high winds on election day

Published

 on

 

VANCOUVER – Voters along the south coast of British Columbia who have not cast their ballots yet will have to contend with heavy rain and high winds from an incoming atmospheric river weather system on election day.

Environment Canada says the weather system will bring prolonged heavy rain to Metro Vancouver, the Sunshine Coast, Fraser Valley, Howe Sound, Whistler and Vancouver Island starting Friday.

The agency says strong winds with gusts up to 80 kilometres an hour will also develop on Saturday — the day thousands are expected to go to the polls across B.C. — in parts of Vancouver Island and Metro Vancouver.

Wednesday was the last day for advance voting, which started on Oct. 10.

More than 180,000 voters cast their votes Wednesday — the most ever on an advance voting day in B.C., beating the record set just days earlier on Oct. 10 of more than 170,000 votes.

Environment Canada says voters in the area of the atmospheric river can expect around 70 millimetres of precipitation generally and up to 100 millimetres along the coastal mountains, while parts of Vancouver Island could see as much as 200 millimetres of rainfall for the weekend.

An atmospheric river system in November 2021 created severe flooding and landslides that at one point severed most rail links between Vancouver’s port and the rest of Canada while inundating communities in the Fraser Valley and B.C. Interior.

This report by The Canadian Press was first published Oct. 17, 2024.

The Canadian Press. All rights reserved.

Source link

Continue Reading

Trending

Exit mobile version