• info@aedisrealty.com (604) 688-8669 Head Office: 2895 West 33rd Avenue, Vancouver, BC V6N 2G3
Advanced Search

$ 0 to $ 0

we found 0 results
Your search results

281 ALEXANDER Street in Vancouver: Hastings Condo for sale in “The Edge” (Vancouver East) : MLS®# R2287274

Posted by Aedis Realty on July 17, 2018
| Uncategorized
| 0

Growing Pains in Railtown

The Nascent Neighbourhood

Railtown 1The Vancouver Observer, an online independent newspaper, in an October 2013 article describes Railtown as “A taste of Brooklyn in Vancouver” and as “Vancouver’s final frontier.” The article defines this small area as within Alexander Street on the south and the railyards on the Burrard Inlet waterfront on the north between Columbia Street and Heatley Avenue. A May 2014 Canadian Broadcasting Corporation (CBC) online article defines the area as somewhat larger extending from the waterfront as far south as Hastings Street between Main Street and Hawkes Avenue, a slight shift eastward, but both articles include a core area from Alexander Street north between Main Street and Heatley Avenue, and both express concern over gentrification.

The Gentrification Controversy

In a sidebar, “A brief history of gentrification in Vancouver,” The Observer defines gentrification as “people being pushed out of their neighbourhood by people with more money,” noting that the gentrification boom follows a long period of deterioration in which property values fell to very low levels. During this period, nobody paid property taxes, the city seized land for delinquent taxes, then sold it for bottom-level prices to buyers eager to profit from the 1966 Strata Titles Act, which for the first time made mere apartments real estate. Before that law there were no condos, just single-owner or cooperative properties. Condominium construction and conversion accelerated gentrification of neighbourhoods and displacement of their residents unable to buy into the change.

Railtown 3The Observer concludes that the city should explore “more creative modes” of property ownership by cooperative, shared ownership of whole buildings, cohousing, and laneway housing, small structures typically built in the rear of pre-existing. The CBC laments the facts that rapid growth in Railtown may be good news for business but that 13,000 Downtown East Side low-income residents living on pensions or welfare benefits face the threat of eviction.

New Attractions

Once a rough industrial district of dives and brothels, Railtown today is home to the avant-garde Railtown Design District, six affiliated businesses aiming to make the neighborhood a centre of architectural advancement. In addition to the Design District, Railtown has seen several new businesses and cafes arrive as old warehouse and factory buildings convert to new uses. The Vancouver Urban Winery has an historic building in which it manufactures, packages, imports, and distributes wine for multiple brands and hold functions and parties around wine themes. So popular has this new venture proven to be with patrons that it started in 2012 with two employees and now has thirty.

Information Links:

http://strathconabia.com/
http://vancouver.ca/home-property-development/dtes-local-area-plan.aspx

Downtown Eastside Development Plan

Railtown, Gastown, and the rest of the Downtown Eastside may see major changes from the city council approval in March 2014 after two days of public hearings of a plan to guide future development. The mayor says the plan reflects “aspirations for safer and more stable Railtown 2housing, protections for low-income residents, stronger support for mental health and addictions, and a more vibrant local economy.”

The plan is ambitious in its aims to accommodate developers who have driven up land values by purchasing, redeveloping, or speculating on neighbourhood properties and to protect low-income residents increasingly struggling to afford rent and food as neighbourhood costs increase. Plan critics say provisions for new or replacement “social housing”* units, upgrades to single-room occupancies, and rent-subsidized units may help some area residents but will leave others in squalor or on the streets. Whether the plan does enough for all 6,300 residents on social assistance and 6,000 others on low incomes is uncertain, but in a no-condos zone along Hastings Street new structures must be at least 60 percent social housing, and one third of those new units must rent at shelter rates. The plan protects heritage buildings and designates Railtown as a potential location for office use.

* The British/Canadian term “social housing” is synonymous with “public housing” in the USA.

New Railtown Live MLS Listings

281 ALEXANDER Street
Hastings Vancouver V6A 1C2

$2,099,000
Residential Attached beds: 1 baths: 2.0 2,764 sq. ft. built: 1999

Main Photo: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
Prop. Type:
Residential Attached
MLS® Num:
R2287274
Status:
Active
Bedrooms:
1
Bathrooms:
2
Year Built:
1999
One of Vancouver’s largest live/work properties in Railtown, home to some of Vancouver’s leading entrepreneurs & top rated restaurants. 2764 sq.ft. loft with ultimate potential.Large concrete loft style main floor suite with direct street access. Featuring: a secure gate out front, concrete floors, exposed concrete throughout, 1 bed, 2 baths, photo-studio space(s), large industrial kitchen, design/office area,plenty of storage, views to water, 3 parking stalls including one right out back.Over height ceilings, upto 11’ high. This loft comes with $65k worth of architectural plans designed by renowned local GW Architects. Invest in an area @ earliest stages of growth at only $759/sq.ft. Concrete solid building located just East of Gastown, that has expansive metal/wood shop, photo lab, gym..
Property Type:
Residential Attached
Dwelling Type:
Apartment/Condo
Home Style:
Year built:
1999 (Age: 19)
Total area:
2,764 sq. ft.
Total Floor Area:
2,764 sq. ft.
Total unfinished area:
0 sq. ft.
Main Floor Area:
2,764 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:
1 (Above Grd: 1)
Bathrooms:
2.0 (Full:2/Half:0)
Kitchens:
1
Rooms:
9
Taxes:
$3,594.75 / 2017
Lot Area:
0 sq. ft.
Rear Yard Exposure:
Outdoor Area:
None
Water Supply:
Plan:
LMS3818
Total Units in Strata:
165
Heating:
Construction:
Foundation:
Basement:
None
Roof:
Floor Finish:
Fireplaces:
0
Parking:
Parking Total/Covered:
3 / 2
Parking Access:
Exterior Finish:
Title to Land:
Freehold Strata
Suite:
Floor
Type
Size
Other
Main
Main
Main
Main
Main
Main
Main
Main
Main
Floor
Ensuite
Pieces
Other
Main
Main
Pets Allowed w/Rest., Rentals Allowed w/Restrictions
$737.32
Clothes Washer/Dryer/Fridge/Stove/DW
Bike Room, Exercise Centre, Garden, Workshop Detached
WATER & MOUNTAINS
PL LMS3818 LT 163 DL 196 LD 36. GROUP 1, & DL 4281, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM 1 OR V, AS APPROPRIATE.
Dist to Public Trans:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Units in Development:
165
Services Connected:
Electricity, Natural Gas, Sanitary Sewer, Water
Previous Price:
Original Price:
  • Photo 1: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 1 of 20
  • Photo 2: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 2 of 20
  • Photo 3: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 3 of 20
  • Photo 4: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 4 of 20
  • Photo 5: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 5 of 20
  • Photo 6: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 6 of 20
  • Photo 7: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 7 of 20
  • Photo 8: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 8 of 20
  • Photo 9: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 9 of 20
  • Photo 10: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 10 of 20
  • Photo 11: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 11 of 20
  • Photo 12: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 12 of 20
  • Photo 13: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 13 of 20
  • Photo 14: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 14 of 20
  • Photo 15: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 15 of 20
  • Photo 16: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 16 of 20
  • Photo 17: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 17 of 20
  • Photo 18: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 18 of 20
  • Photo 19: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 19 of 20
  • Photo 20: 281 ALEXANDER Street in Vancouver: Hastings Condo for sale in "The Edge" (Vancouver East)  : MLS®# R2287274
    Photo 20 of 20

Virtual Tour

Larger map options:
Listed by RE/MAX Crest Realty
Listing information last updated on July 10, 2018 at 12:18 AM (UTC)
Area Statistics
Listings on market:
32
Avg list price:
$612,500
Min list price:
$399,000
Max list price:
$2,488,000
Avg days on market:
31
Min days on market:
1
Max days on market:
230
Avg price per sq.ft.:
$801.21
These statistics are generated based on the current listing's property type and located in Hastings. Average values are derived using median calculations.
powered by myRealPage.com

Compare Listings