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Each year, the BC Legislature's Select Standing Committee on Finance and Government Services travels throughout BC seeking input about spending and taxation priorities for the upcoming provincial budget.

The Committee reviews and summarizes this information and reports its findings to the Finance Minister, who uses it as input in budget deliberations.

Representatives of the Real Estate Board of Greater Vancouver had the opportunity to make recommendations.

 

BCis on target to balance the 2014/15 budget with a projected surplus of $266 million. This means the time is right to reduce the Property Transfer Tax (PTT).

Reducing the PTT matters to families and anyone working in real estate-related jobs including architecture, construction, home inspection, leasing, brokerage, mortgage lending and legal services.

Real estate plays a vital role in growth, providing jobs and small business opportunities.

Real estate’s contribution to the economy in Greater Vancouver is enormous. In 2013, 28,524 MLS® home sales in the Real Estate Board’s area generated $1.84 billion in economic  pin-offs and created 13,977 jobs. Real estate is the backbone of our communities. Province-wide, the housing sector (construction and real estate) accounts for 25.6% of total economic activity (GDP).

Government is responsive

In 2013, in response to our message, “Help Reduce the Property Transfer Tax", the government made it possible for first-time buyers to buy a home worth up to $475,000 and not pay the PTT. Previously the threshold was $425,000.

Given the projected 2014/15 budget surplus, the government can afford to make changes to the PTT. Continuing to rely on the PTT for a large share of revenue – estimated to be $854 million in 2014/15 – unfairly increases the cost of homes and reduces access for middle- and lower-income buyers.

Who will benefit?

Our communities, including first-time buyers and anyone working in real estate-related jobs will benefit.

Think about when we were younger, landing a first job, buying a modest first home, starting a family and then trading up to a larger home has been a right of passage for generations.

Today, this is possible for fewer and fewer younger British Columbians. The rate of home ownership for 25-34 year olds in BC is now 48.2%. In Ontario it’s 53.8%, in Alberta it’s 59.3% and Canada-wide it’s 52.4%.2

In our Real Estate Board area, the benchmark price of a detached home is $633,500.3 The PTT adds $10,670 to this price given that this home does not qualify for the first-time buyers’ exemption. It’s difficult for first-time buyers to afford this home given that the annual income required is $100,216.4 The average household total income in the Vancouver CMA is $83,666.5

As a consequence, six in 10 first-time buyers are delaying their home purchase, which in turn, significantly dampens economic activity in our neighbourhoods.6

Making adjustments to the PTT would ensure home ownership is more affordable, which in turn is a strategy for a secure and prosperous future.

Recommendations

The PTT is charged at a rate of 1% on the first $200,000 and 2% on the remainder of the home price. We urge the government to:
1. Increase the 1% threshold to $525,000 from $200,000 to modernize the PTT to better reflect the current price of homes. The 2% rate would be applied to the remainder of the home price.
2. Index the 1% threshold to ensure it more accurately reflects housing market changes over time, using Statistics Canada’s New Housing Price Index or the MLS® Home Price Index, and make annual adjustments.


1 Natural Resources 7.7% is comprised of Agriculture, Forestry, Fishing and Hunting at 1.85% and Mining, Quarrying and Oil and Gas Extraction at 5.81%.
2 Statistics Canada 2011 National Household Survey. Home ownership, by province, as a percentage of all households where the primary maintainer is aged 25 to 34 years old.
3 Real Estate Board of Greater Vancouver composite residential benchmark price, as at September 2014.
4 See Footnote D on reverse.
5 Statistics Canada 2011 National Household Survey. Vancouver Census Metropolitan Area (CMA) Average Household Total Income.
6 BMO Home Buying Report, First-time Buyers’ Budgets Increase to $316,100 (Canada-wide) While Rising Prices Cause Delays, BMO,
March 18, 2014.

Read

Please visit our Open House at PH3403 1255 SEYMOUR ST in Vancouver.
Open House on Saturday, November 29, 2014 2:00 pm - 4:00 pm
Breathtaking Yaletown Penthouse Views

The Yaletown Penthouse:

Spectacular Yaletown penthouse at the Elan, with breathtaking West and South ocean and city views from each room, sprawls over 1320sf of living space on two levels. Main level features hardwood flooring throughout with open plan living, kitchen and dining rooms, designed seamlessly with each room flowing into each other allowing for bright easy living space and maximizing the fantastic views.

Modern kitchen design offers efficient layouts with an island that can be used as breakfast bar, the sleek wood cabinets and Whirlpool stainless steel appliances allow for another luxury experience, quartz countertops and large sinks make for a clean workspace.

Upper level holds 2 bright minimalist designed bedrooms matched with large windows that pour light into spaces making them feel larger than most and 2 bathrooms that continue with matching sleek wood cabinets and nickel square pull handles, modern facets throughout and bright white designs. Master ensuite bathroom features floor-to-ceiling windows giving it a unique open feel.

Two large balconies, one on each level, provide perfect relaxing place for morning coffee and sunset viewing. This home is air-conditioned and includes security system, 2 electric fireplaces, 2 parking stalls and 1 storage locker.

This home is truly an entertainers dream, a must see!

POTENTIAL RENTAL INCOME OF $6,000/MONTH call for details

The Building:

This landmark tower at the entry to downtown on Seymour and Drake offers a unique addition to the Vancouver skyline while maintaining its ground level heritage roots. Refreshing, bold and distinctive.

The sharp modern exterior architecture has been designed to maximize the ocean and southern views from almost every suite. This stunning contemporary design makes Élan Vancouver standout from other Yaletown towers.

A modern contemporary entrance and lobby give the Elan fresh looks that treat residents and visitors with a taste of luxury and class while be completely functional.

The finish of Elan suites can be compared to other-high end downtown condominiums found in Coal Harbour or in waterfront locations.

Spectacular views at Elan Vancouver are a true feature of this building. The building was designed with a focus on having as many suites facing stretches of Vancouver’s waterfront as possible. Maximum window space and balconies make suites bright and inviting.

Building amenities include recreation center, cardio room, yoga studio, sauna and steam room, 3 elevators, visitor parking, games and meeting room.

This modern designed tower is located in the heart of Vancouver’s downtown and part of the Yaletown district known for up-scale living spaces, great restaurants, and trendy shops.

The Neighborhood:

Yaletown is Vancouver’s trendy and upscale renovated warehouse district. This fresh urban neighbourhood is just an easy walk from the centre of downtown Vancouver or a quick ferry ride from Granville Island.

Yaletown’s converted heritage buildings are home to some of city’s top fashion and design shops, as well as cutting edge restaurants and bars. Old loading docks act as giant sidewalks and create a unique setting for wandering, shopping, or lounging at one of the many outdoor patios.

The Yaletown population has grown considerably in the last decade, and consists primarily of young professionals in their late 20s to late 30s. Although there are significantly fewer children in Yaletown than Metro Vancouver as a whole, many young families choose to stay in the area until the time comes to purchase a larger home.

Artists and sales and service people also populate the neighbourhood.

While Yaletown became renowned for multimedia offices during the dot com boom, it now houses a broader array of businesses and its population reflects this.

Mainland, Hamilton and Homer Streets are replete with hair and nail salons, boutique clothing and gift stores, lifestyle and home furnishing stores, restaurants, and lounges.

Check out Blo Blow Dry Bar or Bombay Brows for some pampering, Bobo's Philosophy Hair salon for cool haircuts and styles or Atomic Model for a selection of original clothing.

Fine Finds also features clothing and accessories by local and international designers, and a selection of gifts that rivals that of Beauty Mark down the street.

For vintage finds, stop by Retro Rock Vintage Clothing on Davie and Seymour, arguably one of the best vintage stores within the downtown area.

Urban Fare, Choices Market and Nester’s Market serve the community with a large variety of grocery options, from gourmet to organic to locally grown products.

Read

Please visit our Open House at PH3403 1255 SEYMOUR ST in Vancouver.
Open House on Sunday, November 23, 2014 2:00 pm - 4:00 pm
Breathtaking Yaletown Penthouse Views

The Yaletown Penthouse:

Spectacular Yaletown penthouse at the Elan, with breathtaking West and South ocean and city views from each room, sprawls over 1320sf of living space on two levels. Main level features hardwood flooring throughout with open plan living, kitchen and dining rooms, designed seamlessly with each room flowing into each other allowing for bright easy living space and maximizing the fantastic views.

Modern kitchen design offers efficient layouts with an island that can be used as breakfast bar, the sleek wood cabinets and Whirlpool stainless steel appliances allow for another luxury experience, quartz countertops and large sinks make for a clean workspace.

Upper level holds 2 bright minimalist designed bedrooms matched with large windows that pour light into spaces making them feel larger than most and 2 bathrooms that continue with matching sleek wood cabinets and nickel square pull handles, modern facets throughout and bright white designs. Master ensuite bathroom features floor-to-ceiling windows giving it a unique open feel.

Two large balconies, one on each level, provide perfect relaxing place for morning coffee and sunset viewing. This home is air-conditioned and includes security system, 2 electric fireplaces, 2 parking stalls and 1 storage locker.

This home is truly an entertainers dream, a must see!

POTENTIAL RENTAL INCOME OF $6,000/MONTH call for details

The Building:

This landmark tower at the entry to downtown on Seymour and Drake offers a unique addition to the Vancouver skyline while maintaining its ground level heritage roots. Refreshing, bold and distinctive.

The sharp modern exterior architecture has been designed to maximize the ocean and southern views from almost every suite. This stunning contemporary design makes Élan Vancouver standout from other Yaletown towers.

A modern contemporary entrance and lobby give the Elan fresh looks that treat residents and visitors with a taste of luxury and class while be completely functional.

The finish of Elan suites can be compared to other-high end downtown condominiums found in Coal Harbour or in waterfront locations.

Spectacular views at Elan Vancouver are a true feature of this building. The building was designed with a focus on having as many suites facing stretches of Vancouver’s waterfront as possible. Maximum window space and balconies make suites bright and inviting.

Building amenities include recreation center, cardio room, yoga studio, sauna and steam room, 3 elevators, visitor parking, games and meeting room.

This modern designed tower is located in the heart of Vancouver’s downtown and part of the Yaletown district known for up-scale living spaces, great restaurants, and trendy shops.

The Neighborhood:

Yaletown is Vancouver’s trendy and upscale renovated warehouse district. This fresh urban neighbourhood is just an easy walk from the centre of downtown Vancouver or a quick ferry ride from Granville Island.

Yaletown’s converted heritage buildings are home to some of city’s top fashion and design shops, as well as cutting edge restaurants and bars. Old loading docks act as giant sidewalks and create a unique setting for wandering, shopping, or lounging at one of the many outdoor patios.

The Yaletown population has grown considerably in the last decade, and consists primarily of young professionals in their late 20s to late 30s. Although there are significantly fewer children in Yaletown than Metro Vancouver as a whole, many young families choose to stay in the area until the time comes to purchase a larger home.

Artists and sales and service people also populate the neighbourhood.

While Yaletown became renowned for multimedia offices during the dot com boom, it now houses a broader array of businesses and its population reflects this.

Mainland, Hamilton and Homer Streets are replete with hair and nail salons, boutique clothing and gift stores, lifestyle and home furnishing stores, restaurants, and lounges.

Check out Blo Blow Dry Bar or Bombay Brows for some pampering, Bobo's Philosophy Hair salon for cool haircuts and styles or Atomic Model for a selection of original clothing.

Fine Finds also features clothing and accessories by local and international designers, and a selection of gifts that rivals that of Beauty Mark down the street.

For vintage finds, stop by Retro Rock Vintage Clothing on Davie and Seymour, arguably one of the best vintage stores within the downtown area.

Urban Fare, Choices Market and Nester’s Market serve the community with a large variety of grocery options, from gourmet to organic to locally grown products.

Read

Please visit our Open House at PH3403 1255 SEYMOUR ST in Vancouver.
Open House on Saturday, November 22, 2014 2:00 pm - 4:00 pm
Breathtaking Yaletown Penthouse Views

The Yaletown Penthouse:

Spectacular Yaletown penthouse at the Elan, with breathtaking West and South ocean and city views from each room, sprawls over 1320sf of living space on two levels. Main level features hardwood flooring throughout with open plan living, kitchen and dining rooms, designed seamlessly with each room flowing into each other allowing for bright easy living space and maximizing the fantastic views.

Modern kitchen design offers efficient layouts with an island that can be used as breakfast bar, the sleek wood cabinets and Whirlpool stainless steel appliances allow for another luxury experience, quartz countertops and large sinks make for a clean workspace.

Upper level holds 2 bright minimalist designed bedrooms matched with large windows that pour light into spaces making them feel larger than most and 2 bathrooms that continue with matching sleek wood cabinets and nickel square pull handles, modern facets throughout and bright white designs. Master ensuite bathroom features floor-to-ceiling windows giving it a unique open feel.

Two large balconies, one on each level, provide perfect relaxing place for morning coffee and sunset viewing. This home is air-conditioned and includes security system, 2 electric fireplaces, 2 parking stalls and 1 storage locker.

This home is truly an entertainers dream, a must see!

POTENTIAL RENTAL INCOME OF $6,000/MONTH call for details

The Building:

This landmark tower at the entry to downtown on Seymour and Drake offers a unique addition to the Vancouver skyline while maintaining its ground level heritage roots. Refreshing, bold and distinctive.

The sharp modern exterior architecture has been designed to maximize the ocean and southern views from almost every suite. This stunning contemporary design makes Élan Vancouver standout from other Yaletown towers.

A modern contemporary entrance and lobby give the Elan fresh looks that treat residents and visitors with a taste of luxury and class while be completely functional.

The finish of Elan suites can be compared to other-high end downtown condominiums found in Coal Harbour or in waterfront locations.

Spectacular views at Elan Vancouver are a true feature of this building. The building was designed with a focus on having as many suites facing stretches of Vancouver’s waterfront as possible. Maximum window space and balconies make suites bright and inviting.

Building amenities include recreation center, cardio room, yoga studio, sauna and steam room, 3 elevators, visitor parking, games and meeting room.

This modern designed tower is located in the heart of Vancouver’s downtown and part of the Yaletown district known for up-scale living spaces, great restaurants, and trendy shops.

The Neighborhood:

Yaletown is Vancouver’s trendy and upscale renovated warehouse district. This fresh urban neighbourhood is just an easy walk from the centre of downtown Vancouver or a quick ferry ride from Granville Island.

Yaletown’s converted heritage buildings are home to some of city’s top fashion and design shops, as well as cutting edge restaurants and bars. Old loading docks act as giant sidewalks and create a unique setting for wandering, shopping, or lounging at one of the many outdoor patios.

The Yaletown population has grown considerably in the last decade, and consists primarily of young professionals in their late 20s to late 30s. Although there are significantly fewer children in Yaletown than Metro Vancouver as a whole, many young families choose to stay in the area until the time comes to purchase a larger home.

Artists and sales and service people also populate the neighbourhood.

While Yaletown became renowned for multimedia offices during the dot com boom, it now houses a broader array of businesses and its population reflects this.

Mainland, Hamilton and Homer Streets are replete with hair and nail salons, boutique clothing and gift stores, lifestyle and home furnishing stores, restaurants, and lounges.

Check out Blo Blow Dry Bar or Bombay Brows for some pampering, Bobo's Philosophy Hair salon for cool haircuts and styles or Atomic Model for a selection of original clothing.

Fine Finds also features clothing and accessories by local and international designers, and a selection of gifts that rivals that of Beauty Mark down the street.

For vintage finds, stop by Retro Rock Vintage Clothing on Davie and Seymour, arguably one of the best vintage stores within the downtown area.

Urban Fare, Choices Market and Nester’s Market serve the community with a large variety of grocery options, from gourmet to organic to locally grown products.

Read

Please visit our Open House at PH3403 1255 SEYMOUR ST in Vancouver.
Open House on Sunday, November 16, 2014 2:00 pm - 4:00 pm
Breathtaking Yaletown Penthouse Views

The Yaletown Penthouse:

Spectacular Yaletown penthouse at the Elan, with breathtaking West and South ocean and city views from each room, sprawls over 1320sf of living space on two levels. Main level features hardwood flooring throughout with open plan living, kitchen and dining rooms, designed seamlessly with each room flowing into each other allowing for bright easy living space and maximizing the fantastic views.

Modern kitchen design offers efficient layouts with an island that can be used as breakfast bar, the sleek wood cabinets and Whirlpool stainless steel appliances allow for another luxury experience, quartz countertops and large sinks make for a clean workspace.

Upper level holds 2 bright minimalist designed bedrooms matched with large windows that pour light into spaces making them feel larger than most and 2 bathrooms that continue with matching sleek wood cabinets and nickel square pull handles, modern facets throughout and bright white designs. Master ensuite bathroom features floor-to-ceiling windows giving it a unique open feel.

Two large balconies, one on each level, provide perfect relaxing place for morning coffee and sunset viewing. This home is air-conditioned and includes security system, 2 electric fireplaces, 2 parking stalls and 1 storage locker.

This home is truly an entertainers dream, a must see!

POTENTIAL RENTAL INCOME OF $6,000/MONTH call for details

The Building:

This landmark tower at the entry to downtown on Seymour and Drake offers a unique addition to the Vancouver skyline while maintaining its ground level heritage roots. Refreshing, bold and distinctive.

The sharp modern exterior architecture has been designed to maximize the ocean and southern views from almost every suite. This stunning contemporary design makes Élan Vancouver standout from other Yaletown towers.

A modern contemporary entrance and lobby give the Elan fresh looks that treat residents and visitors with a taste of luxury and class while be completely functional.

The finish of Elan suites can be compared to other-high end downtown condominiums found in Coal Harbour or in waterfront locations.

Spectacular views at Elan Vancouver are a true feature of this building. The building was designed with a focus on having as many suites facing stretches of Vancouver’s waterfront as possible. Maximum window space and balconies make suites bright and inviting.

Building amenities include recreation center, cardio room, yoga studio, sauna and steam room, 3 elevators, visitor parking, games and meeting room.

This modern designed tower is located in the heart of Vancouver’s downtown and part of the Yaletown district known for up-scale living spaces, great restaurants, and trendy shops.

The Neighborhood:

Yaletown is Vancouver’s trendy and upscale renovated warehouse district. This fresh urban neighbourhood is just an easy walk from the centre of downtown Vancouver or a quick ferry ride from Granville Island.

Yaletown’s converted heritage buildings are home to some of city’s top fashion and design shops, as well as cutting edge restaurants and bars. Old loading docks act as giant sidewalks and create a unique setting for wandering, shopping, or lounging at one of the many outdoor patios.

The Yaletown population has grown considerably in the last decade, and consists primarily of young professionals in their late 20s to late 30s. Although there are significantly fewer children in Yaletown than Metro Vancouver as a whole, many young families choose to stay in the area until the time comes to purchase a larger home.

Artists and sales and service people also populate the neighbourhood.

While Yaletown became renowned for multimedia offices during the dot com boom, it now houses a broader array of businesses and its population reflects this.

Mainland, Hamilton and Homer Streets are replete with hair and nail salons, boutique clothing and gift stores, lifestyle and home furnishing stores, restaurants, and lounges.

Check out Blo Blow Dry Bar or Bombay Brows for some pampering, Bobo's Philosophy Hair salon for cool haircuts and styles or Atomic Model for a selection of original clothing.

Fine Finds also features clothing and accessories by local and international designers, and a selection of gifts that rivals that of Beauty Mark down the street.

For vintage finds, stop by Retro Rock Vintage Clothing on Davie and Seymour, arguably one of the best vintage stores within the downtown area.

Urban Fare, Choices Market and Nester’s Market serve the community with a large variety of grocery options, from gourmet to organic to locally grown products.

Read

Please visit our Open House at PH3403 1255 SEYMOUR ST in Vancouver.
Open House on Saturday, November 15, 2014 2:00 pm - 4:00 pm
Breathtaking Yaletown Penthouse Views

The Yaletown Penthouse:

Spectacular Yaletown penthouse at the Elan, with breathtaking West and South ocean and city views from each room, sprawls over 1320sf of living space on two levels. Main level features hardwood flooring throughout with open plan living, kitchen and dining rooms, designed seamlessly with each room flowing into each other allowing for bright easy living space and maximizing the fantastic views.

Modern kitchen design offers efficient layouts with an island that can be used as breakfast bar, the sleek wood cabinets and Whirlpool stainless steel appliances allow for another luxury experience, quartz countertops and large sinks make for a clean workspace.

Upper level holds 2 bright minimalist designed bedrooms matched with large windows that pour light into spaces making them feel larger than most and 2 bathrooms that continue with matching sleek wood cabinets and nickel square pull handles, modern facets throughout and bright white designs. Master ensuite bathroom features floor-to-ceiling windows giving it a unique open feel.

Two large balconies, one on each level, provide perfect relaxing place for morning coffee and sunset viewing. This home is air-conditioned and includes security system, 2 electric fireplaces, 2 parking stalls and 1 storage locker.

This home is truly an entertainers dream, a must see!

POTENTIAL RENTAL INCOME OF $6,000/MONTH call for details

The Building:

This landmark tower at the entry to downtown on Seymour and Drake offers a unique addition to the Vancouver skyline while maintaining its ground level heritage roots. Refreshing, bold and distinctive.

The sharp modern exterior architecture has been designed to maximize the ocean and southern views from almost every suite. This stunning contemporary design makes Élan Vancouver standout from other Yaletown towers.

A modern contemporary entrance and lobby give the Elan fresh looks that treat residents and visitors with a taste of luxury and class while be completely functional.

The finish of Elan suites can be compared to other-high end downtown condominiums found in Coal Harbour or in waterfront locations.

Spectacular views at Elan Vancouver are a true feature of this building. The building was designed with a focus on having as many suites facing stretches of Vancouver’s waterfront as possible. Maximum window space and balconies make suites bright and inviting.

Building amenities include recreation center, cardio room, yoga studio, sauna and steam room, 3 elevators, visitor parking, games and meeting room.

This modern designed tower is located in the heart of Vancouver’s downtown and part of the Yaletown district known for up-scale living spaces, great restaurants, and trendy shops.

The Neighborhood:

Yaletown is Vancouver’s trendy and upscale renovated warehouse district. This fresh urban neighbourhood is just an easy walk from the centre of downtown Vancouver or a quick ferry ride from Granville Island.

Yaletown’s converted heritage buildings are home to some of city’s top fashion and design shops, as well as cutting edge restaurants and bars. Old loading docks act as giant sidewalks and create a unique setting for wandering, shopping, or lounging at one of the many outdoor patios.

The Yaletown population has grown considerably in the last decade, and consists primarily of young professionals in their late 20s to late 30s. Although there are significantly fewer children in Yaletown than Metro Vancouver as a whole, many young families choose to stay in the area until the time comes to purchase a larger home.

Artists and sales and service people also populate the neighbourhood.

While Yaletown became renowned for multimedia offices during the dot com boom, it now houses a broader array of businesses and its population reflects this.

Mainland, Hamilton and Homer Streets are replete with hair and nail salons, boutique clothing and gift stores, lifestyle and home furnishing stores, restaurants, and lounges.

Check out Blo Blow Dry Bar or Bombay Brows for some pampering, Bobo's Philosophy Hair salon for cool haircuts and styles or Atomic Model for a selection of original clothing.

Fine Finds also features clothing and accessories by local and international designers, and a selection of gifts that rivals that of Beauty Mark down the street.

For vintage finds, stop by Retro Rock Vintage Clothing on Davie and Seymour, arguably one of the best vintage stores within the downtown area.

Urban Fare, Choices Market and Nester’s Market serve the community with a large variety of grocery options, from gourmet to organic to locally grown products.

Read

Please visit our Open House at PH3403 1255 SEYMOUR ST in Vancouver.
Open House on Sunday, November 9, 2014 2:00 pm - 4:00 pm
Breathtaking Yaletown Penthouse Views

The Yaletown Penthouse:

Spectacular Yaletown penthouse at the Elan, with breathtaking West and South ocean and city views from each room, sprawls over 1320sf of living space on two levels. Main level features hardwood flooring throughout with open plan living, kitchen and dining rooms, designed seamlessly with each room flowing into each other allowing for bright easy living space and maximizing the fantastic views.

Modern kitchen design offers efficient layouts with an island that can be used as breakfast bar, the sleek wood cabinets and Whirlpool stainless steel appliances allow for another luxury experience, quartz countertops and large sinks make for a clean workspace.

Upper level holds 2 bright minimalist designed bedrooms matched with large windows that pour light into spaces making them feel larger than most and 2 bathrooms that continue with matching sleek wood cabinets and nickel square pull handles, modern facets throughout and bright white designs. Master ensuite bathroom features floor-to-ceiling windows giving it a unique open feel.

Two large balconies, one on each level, provide perfect relaxing place for morning coffee and sunset viewing. This home is air-conditioned and includes security system, 2 electric fireplaces, 2 parking stalls and 1 storage locker.

This home is truly an entertainers dream, a must see!

POTENTIAL RENTAL INCOME OF $6,000/MONTH call for details

The Building:

This landmark tower at the entry to downtown on Seymour and Drake offers a unique addition to the Vancouver skyline while maintaining its ground level heritage roots. Refreshing, bold and distinctive.

The sharp modern exterior architecture has been designed to maximize the ocean and southern views from almost every suite. This stunning contemporary design makes Élan Vancouver standout from other Yaletown towers.

A modern contemporary entrance and lobby give the Elan fresh looks that treat residents and visitors with a taste of luxury and class while be completely functional.

The finish of Elan suites can be compared to other-high end downtown condominiums found in Coal Harbour or in waterfront locations.

Spectacular views at Elan Vancouver are a true feature of this building. The building was designed with a focus on having as many suites facing stretches of Vancouver’s waterfront as possible. Maximum window space and balconies make suites bright and inviting.

Building amenities include recreation center, cardio room, yoga studio, sauna and steam room, 3 elevators, visitor parking, games and meeting room.

This modern designed tower is located in the heart of Vancouver’s downtown and part of the Yaletown district known for up-scale living spaces, great restaurants, and trendy shops.

The Neighborhood:

Yaletown is Vancouver’s trendy and upscale renovated warehouse district. This fresh urban neighbourhood is just an easy walk from the centre of downtown Vancouver or a quick ferry ride from Granville Island.

Yaletown’s converted heritage buildings are home to some of city’s top fashion and design shops, as well as cutting edge restaurants and bars. Old loading docks act as giant sidewalks and create a unique setting for wandering, shopping, or lounging at one of the many outdoor patios.

The Yaletown population has grown considerably in the last decade, and consists primarily of young professionals in their late 20s to late 30s. Although there are significantly fewer children in Yaletown than Metro Vancouver as a whole, many young families choose to stay in the area until the time comes to purchase a larger home.

Artists and sales and service people also populate the neighbourhood.

While Yaletown became renowned for multimedia offices during the dot com boom, it now houses a broader array of businesses and its population reflects this.

Mainland, Hamilton and Homer Streets are replete with hair and nail salons, boutique clothing and gift stores, lifestyle and home furnishing stores, restaurants, and lounges.

Check out Blo Blow Dry Bar or Bombay Brows for some pampering, Bobo's Philosophy Hair salon for cool haircuts and styles or Atomic Model for a selection of original clothing.

Fine Finds also features clothing and accessories by local and international designers, and a selection of gifts that rivals that of Beauty Mark down the street.

For vintage finds, stop by Retro Rock Vintage Clothing on Davie and Seymour, arguably one of the best vintage stores within the downtown area.

Urban Fare, Choices Market and Nester’s Market serve the community with a large variety of grocery options, from gourmet to organic to locally grown products.

Read

Please visit our Open House at PH3403 1255 SEYMOUR ST in Vancouver.
Open House on Saturday, November 8, 2014 2:00 pm - 4:00 pm
Breathtaking Yaletown Penthouse Views

The Yaletown Penthouse:

Spectacular Yaletown penthouse at the Elan, with breathtaking West and South ocean and city views from each room, sprawls over 1320sf of living space on two levels. Main level features hardwood flooring throughout with open plan living, kitchen and dining rooms, designed seamlessly with each room flowing into each other allowing for bright easy living space and maximizing the fantastic views.

Modern kitchen design offers efficient layouts with an island that can be used as breakfast bar, the sleek wood cabinets and Whirlpool stainless steel appliances allow for another luxury experience, quartz countertops and large sinks make for a clean workspace.

Upper level holds 2 bright minimalist designed bedrooms matched with large windows that pour light into spaces making them feel larger than most and 2 bathrooms that continue with matching sleek wood cabinets and nickel square pull handles, modern facets throughout and bright white designs. Master ensuite bathroom features floor-to-ceiling windows giving it a unique open feel.

Two large balconies, one on each level, provide perfect relaxing place for morning coffee and sunset viewing. This home is air-conditioned and includes security system, 2 electric fireplaces, 2 parking stalls and 1 storage locker.

This home is truly an entertainers dream, a must see!

POTENTIAL RENTAL INCOME OF $6,000/MONTH call for details

The Building:

This landmark tower at the entry to downtown on Seymour and Drake offers a unique addition to the Vancouver skyline while maintaining its ground level heritage roots. Refreshing, bold and distinctive.

The sharp modern exterior architecture has been designed to maximize the ocean and southern views from almost every suite. This stunning contemporary design makes Élan Vancouver standout from other Yaletown towers.

A modern contemporary entrance and lobby give the Elan fresh looks that treat residents and visitors with a taste of luxury and class while be completely functional.

The finish of Elan suites can be compared to other-high end downtown condominiums found in Coal Harbour or in waterfront locations.

Spectacular views at Elan Vancouver are a true feature of this building. The building was designed with a focus on having as many suites facing stretches of Vancouver’s waterfront as possible. Maximum window space and balconies make suites bright and inviting.

Building amenities include recreation center, cardio room, yoga studio, sauna and steam room, 3 elevators, visitor parking, games and meeting room.

This modern designed tower is located in the heart of Vancouver’s downtown and part of the Yaletown district known for up-scale living spaces, great restaurants, and trendy shops.

The Neighborhood:

Yaletown is Vancouver’s trendy and upscale renovated warehouse district. This fresh urban neighbourhood is just an easy walk from the centre of downtown Vancouver or a quick ferry ride from Granville Island.

Yaletown’s converted heritage buildings are home to some of city’s top fashion and design shops, as well as cutting edge restaurants and bars. Old loading docks act as giant sidewalks and create a unique setting for wandering, shopping, or lounging at one of the many outdoor patios.

The Yaletown population has grown considerably in the last decade, and consists primarily of young professionals in their late 20s to late 30s. Although there are significantly fewer children in Yaletown than Metro Vancouver as a whole, many young families choose to stay in the area until the time comes to purchase a larger home.

Artists and sales and service people also populate the neighbourhood.

While Yaletown became renowned for multimedia offices during the dot com boom, it now houses a broader array of businesses and its population reflects this.

Mainland, Hamilton and Homer Streets are replete with hair and nail salons, boutique clothing and gift stores, lifestyle and home furnishing stores, restaurants, and lounges.

Check out Blo Blow Dry Bar or Bombay Brows for some pampering, Bobo's Philosophy Hair salon for cool haircuts and styles or Atomic Model for a selection of original clothing.

Fine Finds also features clothing and accessories by local and international designers, and a selection of gifts that rivals that of Beauty Mark down the street.

For vintage finds, stop by Retro Rock Vintage Clothing on Davie and Seymour, arguably one of the best vintage stores within the downtown area.

Urban Fare, Choices Market and Nester’s Market serve the community with a large variety of grocery options, from gourmet to organic to locally grown products.

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