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UBC Endowment Lands [p.6]

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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  • 701 6080 IONA Drive in Vancouver: University VW Condo for sale in "The Stirling House" (Vancouver West) : MLS®# R2842151

    701 6080 IONA Drive University VW Vancouver V6T 0A4
    Main Photo: 701 6080 IONA Drive in Vancouver: University VW Condo for sale in "The Stirling House" (Vancouver West)  : MLS®# R2842151
    $6,290,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2842151
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,891 sq. ft.
    The Stirling Pent House! Your dreamy serene oasis that you can finally call home now. One of two units on the top floor Pent House level, with 2891 Sqf living space and astonishing ocean and mountain views, wrapped around walk-out terrace with N/W/S direction. All ensuited three bedrooms are south facing! A fourth room can be easily converted to a bedroom or an office. Plus a spacious office room. Inclusive: hot tub, o/d BBQ, o/d F/P, air conditioner/heat pump. Italian import Varenna custom design cabinets. Bosch W/D, Sub Zero fridge & wine cooler, Miele gas cooktop, wall oven & warming drawer, Fisher & Paykel dual D/W, limestone counter top in m/ensuite, Quartz composite stone counter top in kit. & other bath. Bonus 4 parking stalls and 1 locker. More details
    Listed by Dracco Pacific Realty
  • 4246 W 12TH Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2824212

    4246 W 12TH Avenue Point Grey Vancouver V6R 2P7
    Main Photo: 4246 W 12TH Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2824212
    $5,700,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2824212
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    2,543 sq. ft.
    Your search is over! Prestige lot in west point grey! Great ocean view and mountain view! Flat and large lots with backlane. Cherry tree street. Exclusive location just steps to Spanish Banks Beach & Jericho Sailing Center & Royal Vancouver Yacht Club, easy access to shopping, golf courses, UBC & Downtown. Close to BC's Top Public & Private Schools including Queen Mary, Lord Byng Secondary, West Point Grey Academy, St George's, Crofton & York House. More details
    Listed by Pacific Evergreen Realty Ltd.
  • 702 6018 IONA Drive in Vancouver: University VW Condo for sale in "ARGYLL HOUSE WEST" (Vancouver West) : MLS®# R2828453

    702 6018 IONA Drive University VW Vancouver V6T 2L1
    Main Photo: 702 6018 IONA Drive in Vancouver: University VW Condo for sale in "ARGYLL HOUSE WEST" (Vancouver West)  : MLS®# R2828453
    $5,488,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2828453
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    2,143 sq. ft.
    Exceptional Top-Floor Penthouse in the Chancellor Place Neighborhood! This home boasts the most breathtaking views in all of the University's districts. With unobstructed 180-degree panoramas stretching from Vancouver Island to Bowen Island, and from Howe Sound to the North Shore mountains and beyond. Perched 'above it all,' yet seamlessly connected to the abundant surrounding nature. Revel in the abundant natural light and awe-inspiring sunsets from this splendid residence. Inside the 2143 sqft space, you'll find 3 bedrooms, 3 bathrooms, a steam room, and family rooms adjacent to the open-plan chef's kitchen. The spacious living and dining areas provide a stunning backdrop of Vancouver's vistas. Additionally, there are expansive patio areas totaling over 1500 sq.ft w/ outdoor fireplace. More details
    Listed by Team 3000 Realty Ltd.
  • 4499 W 5TH Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2818851

    4499 W 5TH Avenue Point Grey Vancouver V6R 1S4
    Main Photo: 4499 W 5TH Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2818851
    $5,300,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2818851
    Bedrooms:
    4
    Bathrooms:
    7
    Floor Area:
    3,162 sq. ft.
    Beautiful views of the ocean, mountain and city. Located in the heart of Point Grey. Custom Built with Point Grey View, 3 beds + 4 Baths + Laneway house. A perfect blend of craftsmanship & modern styles. Luxurious features includes open concept kitchen, family room with 10' ceiling, wok kitchen, granite counters, stainless steel appliances. Lower level has 1 bedroom, wine room, recreation room & home theatre room with 9' ceilings. Close to shops, Queen Mary, Lord Byng School, WPGA, Safeway & 6 bank branches. More details
    Listed by Amex Broadway West Realty
  • 4247 W 15TH Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2853229

    4247 W 15TH Avenue Point Grey Vancouver V6R 3A7
    Main Photo: 4247 W 15TH Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2853229
    $4,990,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2853229
    Bedrooms:
    7
    Bathrooms:
    5
    Floor Area:
    3,530 sq. ft.
    One of a kind! Truly exceptional craftman finish throughout. located in the prestigious, most desirable Point Grey Neighbourhood. This 7 bedroom 5 bathroom custom build prestige south facing home equipped with high end top notch design and building materials, such as triple pane windows, automated blinds, eight zone build-in speaker, Crestron home automation, Water vapor fireplace, imported Italian counter top and cabinet. Open layout design, huge gourmet kitchen with top of the line Gaggenau appliances. Short distance to top private and public school, UBC, golf course, beach and shopping center etc. Book your private showing today.Open House Mar 3rd Sun 2:00-4:00 PM. More details
    Listed by Nu Stream Realty Inc.
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Data was last updated March 2, 2024 at 12:10 AM (UTC)
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