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UBC Endowment Lands [p.8]

Posted by Aedis Realty on March 28, 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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36-40/175
  • 4633 W 7TH Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2846287

    4633 W 7TH Avenue Point Grey Vancouver V6R 1X4
    Main Photo: 4633 W 7TH Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2846287
    $4,632,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2846287
    Bedrooms:
    3
    Bathrooms:
    4
    Floor Area:
    2,502 sq. ft.
    Location! Location! West Point Grey. Great school catchment. Mins to UBC, close to future Skytrain station. Near bus route, i.e. direct bus route to UBC and downtown. Walking distance to banks, restaurants and shops. Lot size: 36.70 x 112.70. 3 car garage. Spacious 3 bedrooms with studio in basement. More details
    Listed by Leung Realty & Associates Inc.
  • 4323 W 13TH Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2861164

    4323 W 13TH Avenue Point Grey Vancouver V6R 2V1
    Main Photo: 4323 W 13TH Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2861164
    $4,498,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2861164
    Bedrooms:
    5
    Bathrooms:
    6
    Floor Area:
    2,867 sq. ft.
    One of the best custom built home in the prestigious location. Nice mountain and City views. This exquisite quality built home offers high ceilings, grand open floor plan, chef's kitchen with Miele appliances and massive island, attention to detail finishing & best craftsmanship. 3 spacious bedrooms upstairs with ensuites. Close to School, shop, banks & supermarket. 5 mins walking distance to Lord Byng Secondary School and Queen Elizabeth Elem; close to St. George, UBC Etc. Do not miss it! Open House from 2:00 to 4:00 pm Sunday(March 24,2024). More details
    Listed by Multiple Realty Ltd.
  • 4345 LOCARNO Crescent in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2829267

    4345 LOCARNO Crescent Point Grey Vancouver V6R 1G2
    Main Photo: 4345 LOCARNO Crescent in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2829267
    $4,495,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2829267
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    2,313 sq. ft.
    STUNNING ENVIABLE OCEAN VIEW! Fully-issued Development and Building Permits in place, with approved plan to construct a redesigned 3,262 SQFT house. Build this contemporary home wrapped with sophisticated tradition. Live-in while preparing for construction or build it right away-Your new home is ready for the pleasures of life in Point Grey! Just steps to Spanish Banks, Locarno Beach, Jericho Beach Park, Jericho Sailing Center, Royal Vancouver Yacht Club, Beach Volleyball Courts,Tennis Courts & Club and Golf course. Quick access to UBC, W 4th shopping, Broadway corridor with services & retail shops. Downtown in 15 min. Steps from West Point Grey,Queen Mary school, Jules Quesnel French Immersion & Lord Byng Secondary. Discover this hidden gem in prestigious Point Grey! Open:March16 Sat 2-4 More details
    Listed by Macdonald Realty
  • 4095 CROWN Crescent in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2850224

    4095 CROWN Crescent Point Grey Vancouver V6R 2A8
    Main Photo: 4095 CROWN Crescent in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2850224
    $4,488,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2850224
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    3,920 sq. ft.
    Stunning OCEAN AND CITY VIEWS from a 8,299 sqft lot in Point Grey, one of Vancouver's most coveted neighbourhoods, this is an excellent piece of property with a huge frontage, perfect for development site! The house is almost 4,000 sqft, offering 4 bedrooms and 4 bathrooms. Fantastic yard area. This is a traditional West Side home with fantastic views. All the City's best schools are within walking distance or short drive, UBC, golf courses, and beaches minutes away. Easy to show, all views are by appointment only. Very unique opportunity, will not last. Offers as they come. More details
    Listed by Sutton Group-West Coast Realty
  • 4389 LOCARNO Crescent in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2861490

    4389 LOCARNO Crescent Point Grey Vancouver V6R 1G2
    Main Photo: 4389 LOCARNO Crescent in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2861490
    $4,389,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2861490
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    3,503 sq. ft.
    Welcome to a 270 Degrees of Ocean, Mountains, and City Views from all three levels of this spectacular Point Grey residence. Major renovations and updates in recent years. Spacious open concept sensational gourmet kitchen. Functional Floor Plans. Extensively use of windows and decks. Steps to Spanish Banks, Jericho Beach. Queen Mary Elementary School and Lord Byng Secondary school catchment. One bedroom suite of the ground level. More details
    Listed by Sutton Centre Realty
36-40/175
Data was last updated March 28, 2024 at 08:10 AM (UTC)
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