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UBC Endowment Lands [p.14]

Posted by Aedis Realty on April 25, 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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66-70/224
  • TH7 5687 GRAY Avenue in Vancouver: University VW Townhouse for sale (Vancouver West) : MLS®# R2871503

    TH7 5687 GRAY Avenue University VW Vancouver V6S 0A9
    Main Photo: TH7 5687 GRAY Avenue in Vancouver: University VW Townhouse for sale (Vancouver West)  : MLS®# R2871503
    $3,088,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2871503
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,380 sq. ft.
    Eton by Polygon - a prestigious parkside tower at UBC's Westbrook Village. Designed by renowned architect Walter Francl, This community features dramatic landscaping and this CORNER QUIET Townhouse right on the PARK with the best Fengshui. North-south facing home boasts A/C, high ceiling in the main floor, Bosch appliances, a stylish kitchen and a generous patio deck for your summer BBQ; 2 ensuite bedrooms upstairs overlooking the water and garden; luxury bathroom fixture and designs bring your high-end and comfortable lifestyle! 2 gated side by side parking with electric car charging station. Live like in a HOUSE. Easy to show! More details
    Listed by Luxmore Realty
  • 4663 W 15TH Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2829276

    4663 W 15TH Avenue Point Grey Vancouver V6R 3B5
    Main Photo: 4663 W 15TH Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2829276
    $3,080,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2829276
    Bedrooms:
    7
    Bathrooms:
    3
    Floor Area:
    2,035 sq. ft.
    Centrally located in Point Grey, this family house offers a practical layout with 3 bedrooms upstairs and 4 bedrooms downstairs, making it a great mortgage helper. Renovated in 2014 with new roof, flooring, kitchen appliances, and windows. Potential rent over $9000 per month. Close to top schools, UBC, beaches, and public transit. Whether you are an investor or a builder, this property is a prime choice for its ideal location and impressive features. Don't miss the opportunity to see it! More details
    Listed by Sutton Group - 1st West Realty
  • 4217 W 13TH Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2874687

    4217 W 13TH Avenue Point Grey Vancouver V6R 2T7
    Main Photo: 4217 W 13TH Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2874687
    $2,998,800
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2874687
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,980 sq. ft.
    This is an exceptional rare investment Opportunity in Point Grey. Elegant home with huge charm and street appeal on One of Point Grey's prettiest streets! Bright kitchen with skylight, gas stove and French doors. Two bedrooms on main level. Two more up plus large open den (could be 3rd bedroom), attic level is a finished retreat with ocean and mountain views. Lower level is at grade and has a full bath. Gardeners will appreciate the solarium and beautifully landscaped front and back gardens. This is an exceptional investment opportunity for Investor or a fami ly to hold and build. Potential to build laneway house. Great Rental income, currently $5860 monthly. Walk to Lord Bing High, Jules Quesnel French Immersion and Queen Elizabeth Elementary. More details
    Listed by Dracco Pacific Realty
  • 1501 5838 BERTON Avenue in Vancouver: University VW Condo for sale in "THE WESTBROOK" (Vancouver West) : MLS®# R2873282

    1501 5838 BERTON Avenue University VW Vancouver V6S 0A5
    Main Photo: 1501 5838 BERTON Avenue in Vancouver: University VW Condo for sale in "THE WESTBROOK" (Vancouver West)  : MLS®# R2873282
    $2,880,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2873282
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,910 sq. ft.
    Luxury living at THE WESBROOK, a prestigious UBC tower by ASPAC DEVELOPMENT. Southeast corner unit, 1,910 sq.ft., 3 beds+ den (possible 4th bed), 2 baths. Gourmet kitchen, Snaidero cabinetry, Miele appliances, quartz counters. Stunning 180° views of Vancouver Island & Pacific Spirit Park. Amenities: fitness room,library, 24hr concierge, guest suite, 2 parking+ locker. Close to Save On Foods, Pacific Spirit Park, restaurants, top schools. Experience luxury living at its finest! More details
    Listed by Interlink Realty
  • 4586 W 8TH Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2869846

    4586 W 8TH Avenue Point Grey Vancouver V6R 2A5
    Main Photo: 4586 W 8TH Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2869846
    $2,880,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2869846
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    2,253 sq. ft.
    LOCATION ! LOCATION ! LOCATION ! Excellent location with nice quiet tree-lined street close to top-ranking schools: West Point Grey Academy, Lord Byng Secondary, St. George's School, Queen Elizabeth Elementary, West Point Grey Academy, UBC. Don't miss this 5 bedrooms/ 3 full bath cozy family home with 33 x 115 level lot. Excellent floor plan, high ceiling foyer with skylight windows, spiral staircase, large gourmet kitchen with S/S appliances, double garage, private paved and fenced backyard with southern exposure. South-facing patio off master bedroom for sun-lovers. Steps away from shopping, restaurants, banks and transit/ Don't miss it ! https://www.youtube.com/watch?v=xz0pX6okHY4 More details
    Listed by Magsen Realty Inc.
66-70/224
Data was last updated April 25, 2024 at 06:10 AM (UTC)
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