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UBC Endowment Lands [p.3]

Posted by Aedis Realty on June 13, 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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  • 1807 ACADIA Road in Vancouver: University VW House for sale (Vancouver West) : MLS®# R2883123

    1807 ACADIA Road University VW Vancouver V6T 1R2
    Main Photo: 1807 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2883123
    $12,770,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2883123
    Bedrooms:
    7
    Bathrooms:
    7
    Floor Area:
    5,735 sq. ft.
    This impeccable quality custom build home is located in the heart of the prestigious UBC properties ,setting on a 13800sq.ft.lot,with 5700 s.f .indoor living. The main floor with expensive hard wood floor has gourmet kitchen with top-end European appliance, living, dinning room, and a office. The second floor has 4bed rooms, stunning master bedroom has a large patio overlooking the backyard .The backyard has illuminated swimming pool, hot tub, huge covered patio with built in BBQ, fridge, roof heating lights and fireplace to enjoy family entertainments. The basement has 3 bed rooms, large recreation room, theater ,wine room, and geothermal heating system room.The house is around designer's four season beautiful plants .please come the majestic property to discover many special features. More details
    Listed by LeHomes Realty Premier
  • 4722 DRUMMOND Drive in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2819129

    4722 DRUMMOND Drive Point Grey Vancouver V6T 1B4
    Main Photo: 4722 DRUMMOND Drive in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2819129
    $12,000,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2819129
    Bedrooms:
    7
    Bathrooms:
    4
    Floor Area:
    3,991 sq. ft.
    A timeless 1932 Mediterranean residence situated on a magnificent .588 acre estate with ocean and city views in Vancouver’s most coveted Point Grey enclave. This is an opportunity to develop a world class residence on this most exclusive tree lined street set amongst the most prized $20-$50 million homes in the city. Value primarily in the land. More details
    Listed by Angell, Hasman & Associates (Malcolm Hasman) Realty Ltd.
  • 4756 DRUMMOND Drive in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2873743

    4756 DRUMMOND Drive Point Grey Vancouver V6T 1B4
    Main Photo: 4756 DRUMMOND Drive in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2873743
    $11,980,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2873743
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    3,126 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 36000sf very private park-like property. More details
    Listed by Luxmore Realty
  • 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West) : MLS®# R2863299

    1762 ACADIA Road University VW Vancouver V6T 1R3
    Main Photo: 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2863299
    $11,880,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2863299
    Bedrooms:
    6
    Bathrooms:
    8
    Floor Area:
    6,326 sq. ft.
    Experience a heightened standard of living in this exquisite home. Seamlessly blending traditional and modern design elements to create a perfect harmony of the past and present. A warm, elegant living space ideally suited to the needs of today's modern family. Chef's kitchen features handcrafted historic cabinets & top-of-the-line appliances WOLF & Miele. The adjoining nook opens up to a lovely patio, where can host outdoor gatherings & entertainment. Upstairs 3 spacious ensuite bdrms, providing both comfort & privacy. The basement is thoughtfully designed for your enjoyment, with recreation room, media rm, wet bar complete w/ wine cellar, & 3 additional ensuite bdrms, offering flexibility for your family's needs. Don't miss the opportunity to make it yours. Open house: May 5, 11am-1pm. More details
    Listed by Dracco Pacific Realty
  • 4677 SIMPSON Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2865333

    4677 SIMPSON Avenue Point Grey Vancouver V6R 1C2
    Main Photo: 4677 SIMPSON Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2865333
    $11,580,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2865333
    Bedrooms:
    5
    Bathrooms:
    5
    Floor Area:
    4,190 sq. ft.
    One block to Locarno Beach! Sweeping views of beach, water, downtown and North Shore mountains. Rarely Avail Pt Grey location! This European characteristic 3 level home features plenty of floor to ceiling windows to enjoy the unobstructed view of the beach and ocean from the living and dinning area on the main floor as well as the master bedrooms and 2nd bedroom upstairs. This 50 x 150 lot boasts a wonderful 4200 sq ft 5 bdrms & 7 Baths. Grand foyer, large kitchen, high-end appliances and radiant heating. Upper floor has 3 large luxury bedrooms. Basement offers 2 comfortable bdrms with ensuites. Close to BC's top schools: West Point Grey Academy, Lord Byng Secondary, Queen Mary Elementary. Golf course, Jericho Beach, Spanish Banks Beach, shopping are nearby. More details
    Listed by Pacific Evergreen Realty Ltd.
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Data was last updated June 13, 2024 at 09:05 AM (UTC)
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