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UBC Endowment Lands [p.5]

Posted by Aedis Realty on March 1, 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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21-25/152
  • 4582 W 14TH Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2849790

    4582 W 14TH Avenue Point Grey Vancouver V6R 2Y4
    Main Photo: 4582 W 14TH Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2849790
    $7,888,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2849790
    Bedrooms:
    4
    Bathrooms:
    6
    Floor Area:
    4,146 sq. ft.
    LUXURIOUS Brand NEW home in the well sought out Point Grey area. Close proximity to renowned private & public schools, Showcasing exceptional design with modern interiors. The main floor features 10ft ceiling of phenomenal spaces that capture natural light from all directions. Open plan with impressive living & dining areas, den, large kitchen with oversized island, wok kitchen, top of the line appliances, eating area and adjoining family room with custom entry wall unit. Sun drenched south facing garden. Upstairs floor features 11 ft vaulted ceiling, 4 bdrms & Stylish Master with large w/i closet and a spa-like ensuite. Lower level features Theatre, Wine Cellar with open bar, family room and large laundry room. Property also includes a 2 car garage and a 2 storey laneway housing unit. Photos 30 & 31 are virtually staged. For full list of features detail, contact Listing Agent. More details
    Listed by Sutton Group-West Coast Realty
  • 4678 W 3RD Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2848651

    4678 W 3RD Avenue Point Grey Vancouver V6R 1N4
    Main Photo: 4678 W 3RD Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2848651
    $7,488,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2848651
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    4,820 sq. ft.
    Investors alert: Rarely find premium big lot with 66 frontage in point grey area with ocean view. Backyard facing south. House updated: roof: 2014, furnance: 2017, Hot water tank:2020, Window: double glazed 2015. It is currently rented with good tenants and good rental income. More details
    Listed by Laboutique Realty
  • 4563 W 2ND Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2837709

    4563 W 2ND Avenue Point Grey Vancouver V6R 1K7
    Main Photo: 4563 W 2ND Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2837709
    $6,700,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2837709
    Bedrooms:
    4
    Bathrooms:
    5
    Floor Area:
    3,071 sq. ft.
    MESMERIZING VIEWS of English Bay and Northshore Mountains from both the main and upper floors w/ 360 degree views on your private ROOFDECK! This 4 bed/5 bath and den (or 5th bed) has a spacious main floor layout featuring a large kitchen/wok kitchen w/ Miele/Thermador appliances and tile flooring throughout. Seamless indoor/outdoor experience with the German "GU" folding doors connecting the main floor to the spacious patio where you can host or bask in the serenity of the waterfront atmosphere. Upstairs has 2 large bedrooms and spa-like master ensuite w/ steam/rain shower and freestanding tub that faces the water akin to 5 star hotels. Other highlights: automated lighting/music controls, A/C, wine cellar, Toto bidets. Queen Mary/Lord Byng catchment. More details
    Listed by Oakwyn Realty Ltd.
  • 4635 DRUMMOND Drive in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2807104

    4635 DRUMMOND Drive Point Grey Vancouver V6R 1E8
    Main Photo: 4635 DRUMMOND Drive in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2807104
    $6,590,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2807104
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    3,594 sq. ft.
    Location! View! Quiet! Privacy! This exclusive, architect-designed west coast modern home on prestigious Drummond Drive offers panoramic views of the ocean, mountains and city to the north with a tranquil private landscaped garden to the south. With a spacious open feel that pulls the beautify of the outdoors inside, this tastefully updated and well maintained home features vaulted ceilings with beautiful fir beams, gorgeous picture windows and solid oak floors. Located on a large private lot by quiet Westmount Park, it enjoys water views from most rooms. More details
    Listed by Amex Broadway West Realty
  • 5770 CHANCELLOR Boulevard in Vancouver: University VW House for sale (Vancouver West) : MLS®# R2775906

    5770 CHANCELLOR Boulevard University VW Vancouver V6T 1E5
    Main Photo: 5770 CHANCELLOR Boulevard in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2775906
    $6,380,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2775906
    Bedrooms:
    13
    Bathrooms:
    5
    Floor Area:
    5,671 sq. ft.
    Enjoy your prestigious life and next new chapter of owning the large and beautiful mansion of "Resort & Hotel" style at the Conner lot in UBC. Renovated kitchen and family room opens to south facing patio and jacuzzi spa pool at rear is ideal for family life. One of the best opportunities to own in prestigious UBC! Renovated all bathrooms, kitchen, appliances, floors, painting, lights and blinds. South facing patio ideal for entertaining, upper level has ocean view. 12 bedrooms, 1 large den, 6 renovated bathrooms, extraordinary suitable for those attending in UBC, University Hill Secondary, and Elementary School (10-min walk) catchment. you and family can be fond of the highest-class life in the most valuable West coast of Canada. Total gross rent: $9,000 until May 31, 2022. More details
    Listed by Metro Edge Realty
21-25/152
Data was last updated March 1, 2024 at 11:10 PM (UTC)
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