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UBC Endowment Lands [p.3]

Posted by Aedis Realty on September 25, 2023
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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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  • 4688 W 3RD Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2778735

    4688 W 3RD Avenue Point Grey Vancouver V6R 1N4
    Main Photo: 4688 W 3RD Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2778735
    $13,690,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2778735
    Bedrooms:
    5
    Bathrooms:
    7
    Floor Area:
    5,926 sq. ft.
    AN EXTREMELY RARE opportunity to own this luxurious residence home. Nestled in the most prestigious seaside neighborhood of POINT GREY in Vancouver Westside, we are here to present you a custom built 5900 SQFT home designed by top architect Ben Ling with meticulous craftsmanship. Featuring 5 private bedrooms with en-suites including a master getaway with a vista view of Downtown, Mountains and Water, the home satisfies all of your luxury needs, featuring car garage, grand indoor pool, rec/game room, wine room, and a quiet get-together tea room with MaJiang table, as well we outdoor needs with a built-in south-facing professionally-landscaped Japanese Zen Garden. Don't miss such a great opportunity to call this home! More details
    Listed by Luxmore Realty
  • 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West) : MLS®# R2787635

    1762 ACADIA Road University VW Vancouver V6T 1R3
    Main Photo: 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2787635
    $13,500,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2787635
    Bedrooms:
    6
    Bathrooms:
    8
    Floor Area:
    6,326 sq. ft.
    This charm house is nestled in UBC, boasting traditional & modern design style that perfectly balance the past & present. Offers a living space that's both warm and elegant, suited to the needs of the modern family. Tons of natural light. Kitchen is equipped with handmade historic cabinets and appliances WOLF / Miele. Nook opens to patio & easy for outdoor entertainment. 3 ensuited bdrms upstairs. Basement is designed to offer recreation rm, media rm, wet bar with wine cellar & 3 ensuited bdrms. School catchment: University Hill Elementary & University Hill Secondary. This home offers a heightened standard of living! Open house: Sep 23 & 24, 2-4pm. More details
    Listed by Dracco Pacific Realty
  • 4651 SIMPSON Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2814075

    4651 SIMPSON Avenue Point Grey Vancouver V6R 1C2
    Main Photo: 4651 SIMPSON Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2814075
    $12,580,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2814075
    Bedrooms:
    5
    Bathrooms:
    8
    Floor Area:
    5,283 sq. ft.
    Located in Point Grey, step away to Locarno Beach, sitting on a 9000(60 x 150) sqft lot. This spectacular home offers 5283 sqft of spacious floor plan with attention to detail throughout. Total of 5 bedrooms and 6 full bath/ 2 half bath. Second floor has three ensuites bedrooms, north facing master bedroom with beautiful mountain, water and city view. Den on the main floor includes a full bath which can be turn into a bedroom. Functional layout, H/W flooring, wok kitchen comes with high end appliances, HRV, A/C. Basement with home theatre, huge recreation room & 2 guest bedrooms. 3 car garage. School catchment: Queen Mary Elementary & Lord Byng Secondary. More details
    Listed by Luxmore Realty
  • 4756 DRUMMOND Drive in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2816118

    4756 DRUMMOND Drive Point Grey Vancouver V6T 1B4
    Main Photo: 4756 DRUMMOND Drive in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2816118
    $11,980,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2816118
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    2,446 sq. ft.
    Nestled in a peaceful enclave of Drummond Drive, gracefully distanced from Golf Club, this exquisite residence captivates with its commanding position at Point Grey Area. View of water and mountain. Excellent location with huge lot, over 36500sf very private park-like property. More details
    Listed by Luxmore Realty
  • 5687 CHANCELLOR Boulevard in Vancouver: University VW House for sale (Vancouver West) : MLS®# R2794006

    5687 CHANCELLOR Boulevard University VW Vancouver V6T 1E4
    Main Photo: 5687 CHANCELLOR Boulevard in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2794006
    $11,800,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2794006
    Bedrooms:
    7
    Bathrooms:
    5
    Floor Area:
    6,258 sq. ft.
    Beautiful house with Stunning views of Ocean, Mountains and city. Located on the crest of the North side of Chancellor Blvd (freehold land). Just blocks away to UBC and U-hill Secondary School. Beautifully landscaped 100'x 234' lot with a very well kept & updated 7 bedroom, 5 bathroom Tudor style house. Designer kitchen fitted with Wolf, Sub-zero S/S appliances, marble counters & heated stone floors. Huge slate sundecks & massive private backyard with water feature. This is one of the nicest properties in the area. The view will leave you breathless. An exclusive opportunity to own a Feng Shui Approved dream property in a superior location. More details
    Listed by Nu Stream Realty Inc.
11-15/176
Data was last updated September 25, 2023 at 06:10 PM (UTC)
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