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UBC Endowment Lands [p.12]

Posted by Aedis Realty on May 4, 2024
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British Columbia University Endowment Lands

General Description

UBC Endowment Lands 1The unincorporated University Endowment Lands (Lands) surround the University of British Columbia between the City of Vancouver, Canada and the Strait of Georgia between the Lower Mainland and Vancouver Island. The mostly forested Pacific Spirit Regional Park composes about half of the 5.46 square miles of the Lands. On Point Grey at the end of the peninsula, high cliffs drop steeply to beaches 200 feet below.

Administration

The Province of British Columbia administers the Lands directly. In a 1995 referendum, residents voted against establishment of a municipal governing body. Administration of the University of British Columbia and its housing land is under a duality of the university and the University Neighbourhoods Association with the association performing most municipal services. The Lands have no mayor or municipal government. The University of British Columbia, the Greater Vancouver Regional District, and the Province of British Columbia administer areas of the Lands. Law enforcement is under the Royal Canadian Mounted Police. The City of Vancouver provides fire and rescue services under contract.

Climate

UBC Endowment Lands 2The Lands are close to seaside cliffs on the Strait of Georgia, and strong winds are frequent. Snowfalls are infrequent but more common than in the city farther inland because of the higher altitude of the Lands and their lack of urban development to generate heat. On a peninsula surrounded on three sides by water the Lands have more humidity than does Metro Vancouver as a whole. Fog is sometimes daily during winter months.

History

The University Site Act in 1911 set aside 175 acres in Point Grey for the university. The British Columbia University Loan Act in 1920 allowed an auction sale of 3,000 acres of Crown land on Point Grey for residential development. Auction proceeds went into a university endowment account. During the Great Depression of the 1930s, financially unable to develop the land, the university returned it to the government.

There have been many attempts to develop this area opposed by resident environmental activists. In 1988, the provincial government created Pacific Spirit Park, which functions as a greenbelt between the developed areas of the Lands and the City of Vancouver. Further development of the Lands will be difficult as it would require consultation with university students, staff, and faculty, environmental organizations, business organizations, residents, and the general public.

Information Links:

http://www.universityendowmentlands.gov.bc.ca

Population

UBC Endowment Lands 3Other than students living in university residences, the Lands’ residential population is small and mostly high-income professionals who can afford the very high realty prices. The 2001 census reported an official permanent population of 7,816 and around 40,000 undergraduate students, graduate students, faculty, and staff.

Transportation

Only five roads lead from Vancouver into the Lands; however, the area is readily accessible by public transit. The UBC Loop is the western terminus of many TransLink bus routes

Economy

Most economic activity occurs around University Village and University Marketplace, which are next to each other just off the campus near University Boulevard and Allison Road, where there are several restaurants, some shops, medical clinics, and some services. Most university businesses operate in the Student Union Building.

New UBC Endowment Lands Live MLS Listings

UBC Endowment Lands, Vancouver

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  • 4411 W 4TH Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2876572

    4411 W 4TH Avenue Point Grey Vancouver V6R 1P9
    Main Photo: 4411 W 4TH Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2876572
    $3,498,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2876572
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    2,172 sq. ft.
    Attention Developers! Two side by side 33' x 168.2' lots, these properties boasts breathtaking ocean and city VIEWS and offer endless development possibilities: Ready-to-go plans for a 6-unit multi-family strata development (complete with DP & BP & most City fees have already been paid). Or take advantage of the newly approved Multiplex program to increase buildable area from 9,452.85sf to 11,121sf. Subdivide and construct 8 residential units for either market sale or rental. Create a stunning 6700sf single family home along with a 2800sf laneway home. Build two gorgeous duplexes. Opt to subdivide into two lots, each accommodating two 3300sf single family homes and two 1400sf laneway homes. The property and existing house are being sold "as-is, where-is". Environmental soil remediation has been completed, and the report is available upon request. Seize this rare opportunity now! More details
    Listed by RE/MAX Select Properties
  • 4589 W 9TH Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2867405

    4589 W 9TH Avenue Point Grey Vancouver V6R 2E2
    Main Photo: 4589 W 9TH Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2867405
    $3,490,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2867405
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,759 sq. ft.
    Well maintained south facing home in prestigious West Point Grey neighbourhood. This great home offers great living spaces with 4 bedrooms and 4 bathrooms.Upper level features 3 bedrooms including a master bedroom with jetted bathtub. Lower level has recreation room plus a den. School catchment: Queen Mary Elementary & Lord Byng Secondary. Minutes walk to Safeway, Starbucks, restaurants, and banks. More details
    Listed by Team 3000 Realty Ltd.
  • 6378 LARKIN Drive in Vancouver: University VW Townhouse for sale in "Somerset Homes" (Vancouver West) : MLS®# R2857183

    6378 LARKIN Drive University VW Vancouver V6T 2K5
    Main Photo: 6378 LARKIN Drive in Vancouver: University VW Townhouse for sale in "Somerset Homes" (Vancouver West)  : MLS®# R2857183
    $3,388,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2857183
    Bedrooms:
    6
    Bathrooms:
    7
    Floor Area:
    4,370 sq. ft.
    A jewel in UBC's Hawthorn neighbourhood. This duplex-style townhome built w/ high quality finishing. Designed by Rositch Hemphill & built by Ledingham McAllister. This exquisite design offers 4,344sf of luxury living, well-maintained, functional layout, hi-ceiling. Bright & spacious, family rm fr. living/dining area, & feat. grd floor masterbdrm. Fully-finished basement w/ large rec/media rm & den, a legal rental suite w/ its own patio. 2nd floor has 4 big bdrms. Newly updated engineering-hardwood flrs, & fresh new paint. Radian heat thruout, gourmet kitchen w/ granite countertops, high-end S/S appliances. Conveniently located close to parks, shops, food, transit, golf course & UBC. U-Hill & Norma Rose Point School. More details
    Listed by Dracco Pacific Realty
  • 4490 W 11TH Avenue in Vancouver: Point Grey House for sale in "POINT GREY" (Vancouver West) : MLS®# R2874867

    4490 W 11TH Avenue Point Grey Vancouver V6R 2M3
    Main Photo: 4490 W 11TH Avenue in Vancouver: Point Grey House for sale in "POINT GREY" (Vancouver West)  : MLS®# R2874867
    $3,388,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2874867
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    2,424 sq. ft.
    Welcome Home to this charming Point Grey gem! With 4 beds and 3 baths, it's perfect for a growing family and located near some of the best schools in the province. Surrounded by beautiful foliage, the natural light pours into every corner of this house. Enjoy summer memories on your stunning back deck or watch the kids play on the south facing lawn below. This generous sized lot is nestled on a stunning tree lined street and is ripe for development (R1-1). Conveniently near shops, restaurants, recreation and transit - this location is hard to beat. Don't miss this rare opportunity to own in one of Vancouver's most iconic neighbourhoods. Very easy to show! Open house Sat 2-4pm and Sun 1-3pm. More details
    Listed by Dexter Realty
  • 12 3483 ROSS Drive in Vancouver: University VW Townhouse for sale in "Nobel Park by Polygon" (Vancouver West) : MLS®# R2873260

    12 3483 ROSS Drive University VW Vancouver V6S 0L3
    Main Photo: 12 3483 ROSS Drive in Vancouver: University VW Townhouse for sale in "Nobel Park by Polygon" (Vancouver West)  : MLS®# R2873260
    $3,380,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2873260
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,392 sq. ft.
    Discover premier family living at The Residences at Nobel Park by Polygon, situated in the prestigious Wesbrook Village at UBC. This corner townhome boasts four bedrooms, spans an impressive 2390 sqft, and is meticulously crafted for families who value luxury intertwined with nurturing environment. Built with concrete, the interior features upscale finishes and creature comforts, including expansive living area, 9/10' ceiling, engineering wood flooring, contemporary kitchen, spa-inspired bathrooms, a dedicated wine room and a large private roof deck. Enjoy the great outdoors with extensive parks, playgrounds, and access to UBC farm. Conveniently located a short walk from shopping and U-Hill, this home offers both sophistication and practicality, ideal for family living and nurturing. More details
    Listed by Youlive Realty
56-60/227
Data was last updated May 4, 2024 at 02:10 PM (UTC)
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