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905 1633 ONTARIO Street in Vancouver: False Creek Condo for sale in “KAYAK” (Vancouver West) : MLS® # R2118094

Posted by Aedis Realty on August 21, 2017
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Olympic Village at False Creek

General Description

Olympic Village 3The Millennium Development Group built Vancouver Olympic Village for the 2010 Winter Olympics in Vancouver, British Columbia, Canada. The site, long ago an industrial area, later mostly a parking lot, is on the shoreline of the southeast corner of False Creek north of 2nd Avenue in the two blocks between Quebec and Manitoba streets immediately south of Science World. Its waterfront is part of the False Creek Seawall promenade and bicycle trail to Granville Island, to Aquabus and False Creek Ferry wharves, and to the Main Street and Olympic Village SkyTrain stations.

Construction

Construction at the site began in February 2006 and ended in November 2009, when the Vancouver Organizing Committee took it over for the Winter Games and returned it in April 2010 to the City of Vancouver for eventual conversion to residential housing use with a community centre and daycare, retail, and service spaces.

Part of Olympic Village was Canada’s first residential multi-unit Net Zero Building that generates as much energy as it uses. The designers cut conventional energy consumption to a small fraction by use of solar access and shading, natural cross-ventilation, triple-glazed windows, and excellent insulation. Energy meters in each suite encourage further cuts by showing how much energy is in use, and a heat recovery system transfers waste heat from an adjoining building. Two rooftop solar installations supply the rest of the building’s energy.

Funding crisis

After a series of cost overruns, the Mayor of Vancouver requested from the British Columbia provincial government authority for the city to borrow additional funds to complete construction. In January 2009, an emergency session of the BC Legislature granted the City of Vancouver unlimited access to such additional funds for Olympic Village. The authorization was unusual in that the original charter for the Olympics prohibited such additional borrowing without a public referendum. Thus did the city require extraordinary legislation to allow it to borrow to meet its financial commitments. In April 2014, the Toronto Globe and Mail reported that the City of Vancouver finally had retired the debt it assumed when it took over the Olympic Village project from the bankrupt Millennium Development Group.

Olympic Village 1Information Links:

http://vancouver.ca/home-property-development/olympic-village.aspx
http://vancouver.ca/parks-recreation-culture/creekside-community-recreation-centre.aspx
http://vancouver.ca/home-property-development/olympic-village.aspx

Post-Olympics Progress

Of the legacies of the 2010 Winter Games, Olympic Village was the most uncertain; however, it has achieved a transformation since pre-Olympic times as a result of long-term vision, smart design, and careful planning. Olympic Village is now a most enviable residential district. Olympic Village condo units are among the most attractive in the city. At the foot of False Creek, this prime location has been fundamentally instrumental to the project’s ultimate success. Olympic Village has superlative views of Downtown and its North Shore Mountain backdrop and everything residents need in shops, cafés, restaurants, parks, and daycare within a few blocks.

Olympic Village BridgeAffordable housing

The 2010 Olympic buildings are now residential housing for families. By 2020, if official plans prevail, Olympic Village will have 5,000 affordable residential housing units. Olympic Village is a mixed-use community of about 1,100 residential units, 252 of which are affordable housing and another 100 modest market. Modest market housing is for residents unable to pay market rents. The Olympic Village cooperative, Athletes Village, is an 84-unit building of market and modest market housing.

 

New Olympic Village Live MLS Listings

905 1633 ONTARIO Street
False Creek Vancouver V5Y 0C2

$4,400,000
Residential Attached beds: 3 baths: 3.0 1,702 sq. ft. built: 2010

Main Photo: 905 1633 ONTARIO Street in Vancouver: False Creek Condo for sale in "KAYAK" (Vancouver West)  : MLS® # R2118094
Prop. Type:
Residential Attached
MLS® Num:
R2118094
Status:
Active
Bedrooms:
3
Bathrooms:
3
Year Built:
2010
Luxury home in the waterfront community of The Village on False Creek! LEED Platinum certified, the most sustainable in the world. Features high ceilings, German imported kitchens, Eggersman cabinetry & luxury faucets throughout. State-of-the-art heating and cooling system, Miele S/S appliances, gas range, oven, dishwasher and Sub-Zero fridge. Amenities incl Gold Medal Club, a separate fitness room & furnished lounged are located in the lobby. The plaza is anchored by Urban Fare Grocery, London Drugs, Legacy Liquor store & more. Steps from Canada Line & Expo Skytrain Stations, bus lines, Aquabus & seawall.
Property Type:
Residential Attached
Dwelling Type:
Apartment/Condo
Home Style:
Year built:
2010 (Age: 7)
Total area:
1,702 sq. ft.
Total Floor Area:
1,702 sq. ft.
Total unfinished area:
0 sq. ft.
Main Floor Area:
1,702 sq. ft.
Floor Area Above Main:
0 sq. ft.
Floor Area Below Main:
0 sq. ft.
Basement Area:
0 sq. ft.
Finished Levels:
1.0
Rainscreen:
Bedrooms:
3 (Above Grd: 3)
Bathrooms:
3.0 (Full:2/Half:1)
Kitchens:
1
Rooms:
10
Num Storeys:
11
Taxes:
$4,396.4 / 2016
Lot Area:
0 sq. ft.
Exposure / Faces:
Southeast
Rear Yard Exposure:
Outdoor Area:
Balcony(s); Patio(s) or Deck(s)
Water Supply:
Plan:
BCS3859
Heating:
Construction:
Foundation:
Basement:
None
Roof:
Floor Finish:
Fireplaces:
0
Parking:
Parking Total/Covered:
1 / 1
Parking Access:
Exterior Finish:
Title to Land:
Freehold Strata
Flood Plain:
No
Suite:
Floor
Type
Size
Other
Main
Main
Main
Main
Main
Main
Main
Main
Main
Main
Floor
Ensuite
Pieces
Other
Main
Main
Main
Pets Allowed, Rentals Allowed
$919.08
Clothes Washer/Dryer/Fridge/Stove/DW, Drapes/Window Coverings, Garage Door Opener, Microwave, Oven-Built In, Range
Central Location
Air Cond./Central, Exercise Centre, In Suite Laundry, Pool; Indoor, Sauna/Steam Room
WATER, CITY, MOUNTAIN
PL BCS3859 LT 178 DL FC LD 49
Dist to Public Trans:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Services Connected:
Electricity, Natural Gas
Listed Date:
Previous Price:
Original Price:
  • Photo 1: 905 1633 ONTARIO Street in Vancouver: False Creek Condo for sale in "KAYAK" (Vancouver West)  : MLS® # R2118094
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Listing information last updated on 20-Oct-2016 6:18 PM
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