Porte Developement introduces it's newest addition to UniverCity, LIFT, which will followup on the great success of ORIGIN. Located at the the corner of University High Street and University Crescent, LIFT offers a new level of living.
 
LIFT's name is drawn from its hilltop location and the site's natural topography, as well as being inspired by its proximity to SFU, and the aspirations this community represents.
 
LIFT will be an intimate collection of 53 homes, and will include a mix of some favourite ORIGIN one bedroom and one bedroom plus den flats, as well as something UniverCity...
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According to MLS data as August 11, 2011 for the Simon Fraser University area, specifically UniverCity of Burnaby North, sales in the area increased by 25% compared to June 2011.  There were 10 sales in the month of July.  As August 2, 2011 (Simon Fraser University Market Update & Summary for July 2011) there were only 7 sales at the time.  I noted that the MLS data could actually increase as sales reports come in during the first two weeks of August.  Well looks like the number increased. 

 

If you are considering buying or selling a property in the SFU area and...

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The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential unit sales in the province rose 12.9 per cent to 6,533 units in July compared to the same month last year. The average MLS® residential price climbed 10 per cent to $540,877 last month compared to July 2010.

 
"BC home sales edged down 4 per cent from June to July, on a seasonally adjusted basis," said Cameron Muir, BCREA Chief Economist. "Less frenetic buying activity in Vancouver operated to pull total provincial sales lower."
 
"The silver lining in the recent global economic...
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Here is a building rendering of Liberty Homes' upcoming development for the Simon Fraser University area.

 

Impressed!  This looks to be one of the more esthetically pleasing building in the UniverCity area.  As reported in my blog post (Liberty Homes announces Highland House; latest SFU UniverCity Development) one of the unique features of Highland House is the terraced aspect of the building.  You will see from this rendering some units will enjoy expansive balconies.

 

Exciting times lie ahead for the UniverCity community.
 
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While the balance between home buyer and seller activity remains in an equilibrium range in the Greater Vancouver housing market, last month’s home sale total was below the 10-year average for July.
 
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing Service® (MLS®) reached 2,571 in July, a 14 per cent increase compared to the 2,255 sales in July 2010 and a 21.2 per cent decline compared to the 3,262 sales in June 2011.
  
“We’re seeing less multiple offer situations...
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According to MLS data as August 2, 2011 for the Simon Fraser University area, specifically UniverCity of Burnaby North, there were 7 sales in the month of July.  This figure could actually trend higher as it is possible that current MLS information is not 100% up to date; if could take about 1 week for all July sales to finally register.  However, this is only one sale less than May 2011 which saw a total of 8 properties change hands. 

Presently there are a total of 68 units for sale in both resale and pre-sale developments/complexes.  The average list price of all available...

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Highland House by Liberty Homes at UniverCity atop Burnaby Mountain is the latest condo project that will commence pre-sales in fall of 2011. 

Highland house is a 12-storey concrete high-rise development and targeted towards Rental Investors and First-Time Condo Buyers. This new tower will be located on desirable Lot 23, next to the new child care center and on the corner of University Cr and Highland Ct.  The location is desirable for a number of reasons however two of the key location features are its proximity to the bus loop and shopping amenities. 

 

There will be a total...

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Simon Fraser
Market Update

Simon Fraser Condos

Altaire by Polygon

Altaire built in 2008/2009 reaches higher then any other condo building in Metro Vancouver offering panoramic views.

Novo I by Intergulf

Novo I built in 2007 known for the amazing sight lines and views from most units and balconies up to 1000 sq ft.

Novo II by Intergulf

Novo II built in 2007 known for the amazing sight lines and views from most units and balconies up to 1000 sq ft.

Aurora by Polygon

Aurora built in 2006 with 103 condos featuring 36 unique floor plans ranging from 715 sq ft to 1500 sq ft.

One University by Millennium

One University built in 2005 is UniverCity's flagship building with luxury homes featuring semi private elevators.

Harmony by Polygon

Harmony built in 2005 was the first condo development at Univercity & as a result offers a unique setting & views.

Serenity Townhomes by Polygon

Serenity is a collection of 2 bedroom townhomes of 1100 sq ft ranging to 4 bedroom 2000+ sq ft townhomes.

The Hub by Liberty Homes

The Hub built in 2009 is set atop Nester's Grocery and steps from High Street giving these homes an urban feel.

Verdant by VanCity Enterprises

Verdant is a two storey town home building built with environmental design and stylish living spaces which complement the modern exterior of these SFU homes.

Origin by Porte Development

Origin is designed by GBL Architect & BYU Interior Designs, developed by Porte Development Corp. and marketed by Red Dot Real Estate.

Nest by Mosaic

Located on UniverCity High Street across from the new University Highlands elementary schools this refreshing building will add further depth to a growing community.

Highland House by Liberty Homes

A 12-storey concrete high-rise development and targeted towards Rental Investors and First-Time Condo Buyers.

Lift by Porte Development

Lift will be a wood frame building comprising of 56 homes. Building technologies, environmental features, and price points should be similar to Origin.

Altitude by Hungerford Group

Altitude will be a 2 tower development comprising of a 12 and 14 story building with a total of 210 strata units.

CentreBlock by Liberty Homes

CentreBlock at UniverCity atop Burnaby Mountain is the latest condo project with sales commencing early 2014. .

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