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Ups and Downs in Kerrisdale [p.12]

Posted by Aedis Realty on May 7, 2024
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Ups and Downs in Kerrisdale

Geography and Demography

KerrisdaleIn the Canadian City of Vancouver, British Columbia, the affluent westside neighbourhood of Kerrisdale lies between 33d Avenue on the north, Blenheim Street on the west, West Avenue on the east, and the Fraser River on the south. Commercial shopping districts are along West 41st Avenue from Larch to Maple streets and along West Boulevard from 37th to 47th avenues.

The 2006 Census reported 14,615 inhabitants. Originally thoroughly British demographically, Kerrisdale has received since the mid ’80s an influx of affluent Hong Kong emigrants, many of whom have built large, modern houses, making Kerrisdale an architectural mixture of lavish new and renovated houses. In 2007, Blocktalk.ca reported an estimated median annual household income of $113,286, much higher than the average for Metro Vancouver generally.

History

In 1862, the McCleery family became the first to farm the land of the present McCleery Golf Course on the river. By the mid-1870s, with many more families farming the area, the logging industry was well underway. A local legend is that “Kerrisdale” is a corruption of “Kerry’s Dale,” the ancestral home in Scotland of an early resident who, when asked to choose a name for a British Columbia Electric Railway station for the area, made that choice. In 1912, the streetcar went from Kerrisdale along then-graveled 41st Avenue to Granville Street, where connecting service took passengers to Downtown Vancouver.

Until 1929, when they merged to form the City of Vancouver, three municipalities, Vancouver, South Vancouver, and Point Grey, which included Kerrisdale, provided local government services. Point Grey Secondary School, founded in 1929, and the Point Grey Golf & Country Club recall those earlier days. The Kerrisdale Community Centre now occupies the block on which the Point Grey Municipal office once stood.

Kerrisdale Business Association

Kerrisdale 2The West 41st Avenue businesses between Larch and Maple streets belong to the Kerrisdale Business Association. In all, about 250 businesses and property owners are members. Established in 1990, it is the oldest business association in Vancouver. Members fund general area maintenance and beautification, hiring a full-time gardener during summer months. The association employs for its properties a nighttime security force that operates during daytime hours as well in December.

Every September, association members elect a board of directors of about 25 individuals who then appoint executive officers. The full board meets on the first Wednesday of every month. Dedicated board members engage fully in committees on beautification, finance, marketing, parking, publicity, and security.

Information Links:

http://www.kerrisdalevillage.com/index.php
http://vancouver.ca/green-vancouver/kerrisdale.aspx
http://www.kerrisdalecc.com
http://vancouver.ca/docs/planning/arbutus-ridge-kerrisdale-shaughnessy-arks-community-vision-full-report.pdf

An Association Casualty

Inevitably, there must be a downside to the steady rise in Kerrisdale property values. As an example, Thomas Hobbs opened a gift shop on West 41st Avenue near West Boulevard in the heart of the business association area in 1989 and operated it for 23 years until closing in December 2012. Hobbs said the gift shop was Vancouver’s “home store” for which he travelled to Italy and France for high-end merchandise artfully displayed behind his store windows. Hobbs lamented that most shoppers now seem to prefer big box stores over independent retailers.

Hobbs said the gift shop is not the only victim of Kerrisdale’s changing times. To make that point, his 2012 Halloween storefront display had tombstones etched with the names of other Kerrisdale independent businesses that have closed in recent years. Hobbs said annual rent on his retail space had increased tremendously to $120,000, half of which pays the landlord’s property tax. He estimated that he has paid millions of dollars in rent since opening the shop in 1989.

New Kerrisdale Live MLS Listings

Ups and Downs in Kerrisdale

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  • 203 2095 W 44TH Avenue in Vancouver: Kerrisdale Condo for sale in "ELLIS" (Vancouver West) : MLS®# R2873317

    203 2095 W 44TH Avenue Kerrisdale Vancouver V6M 2G1
    Main Photo: 203 2095 W 44TH Avenue in Vancouver: Kerrisdale Condo for sale in "ELLIS" (Vancouver West)  : MLS®# R2873317
    $1,488,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2873317
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,023 sq. ft.
    A rare sanctuary in the heart of Kerrisdale....The Ellis. A Georgie Award winner for best multi-family low rise development! This beautiful architecturally designed concrete boutique building offers seamless contemporary simplicity & elevated finishes. Situated across the Arbutus Greenway for those afternoon walks or bike rides down to Granville Island. Enjoy the outdoor spaces with a unique patio that opens up to a private atrium garden for a quiet and serene reading spot or enjoy the wide Eastern balcony than spans the width of the suite. This 2 bedroom & 2 bathroom home offers the optimal privacy with the bedrooms allocated to separate corners of the home. Enjoy natural light, amble storage, walk in closet, heated bathroom floors plus motion sensor lighting. Entertain your guests with the gourmet kitchen with large island, open living/dining room areas & covered outdoor space with gas hook up. Enjoy the A/C, EV charging & bike storage. Call us today to view this special home. More details
    Listed by Macdonald Realty
  • 1001 2115 W 40TH Avenue in Vancouver: Kerrisdale Condo for sale in "Regency Park" (Vancouver West) : MLS®# R2847756

    1001 2115 W 40TH Avenue Kerrisdale Vancouver V6M 1W4
    Main Photo: 1001 2115 W 40TH Avenue in Vancouver: Kerrisdale Condo for sale in "Regency Park" (Vancouver West)  : MLS®# R2847756
    $1,298,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2847756
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,294 sq. ft.
    Regency Park - boutique adult-oriented (55+) concrete condominium in prestigious Kerrisdale neighbourhood! Well-maintained, bright, spacious 2 bdrm / 2 full baths with 1294 sqft of functional and comfortable living area overlooking an elevated city skyline, mountain and water views with SOUTH-WEST-NORTH exposure. Notable features include conventionally-designed rooms ideal for furniture placement, original h/w flooring throughout, inviting 105 sqft balcony, 2 secured underground parking stalls, and a pro-active strata building with roof (2021), elevator (2016), and plumbing upgrades. Only 2 suites per floor. No pets, external storage locker, or short term rentals. Conveniently located amongst the attractions, amenities, & conveniences offered at heart of the vibrant Kerrisdale community! More details
    Listed by Royal Pacific Realty Corp.
  • 106 5325 WEST BOULEVARD in Vancouver: Kerrisdale Condo for sale (Vancouver West) : MLS®# R2863568

    106 5325 WEST BOULEVARD Kerrisdale Vancouver V6M 3W4
    Main Photo: 106 5325 WEST BOULEVARD in Vancouver: Kerrisdale Condo for sale (Vancouver West)  : MLS®# R2863568
    $1,298,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2863568
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    914 sq. ft.
    Stunning contemporary 2 Bed + Den home in highly sought-after Kerrisdale. This quiet inside unit features 914 SF of luxurious interiors with overheight 10' ceilings throughout, high-end materials and finishings, and glass sliding doors leading to large private patio as an extension of your living space. Exceptional layout with stylish open kitchen, convenient in-suite storage, and spacious den with window that can be used a 3rd bedroom. Includes one parking stall. Steps to Point Grey Secondary & Quilchena Elementary, Kerrisdale shopping, recreation, parks, transit. Close to top private schools Crofton House & York House; short drive to UBC & Downtown. More details
    Listed by RE/MAX Select Properties
  • PH1 5723 BALSAM Street in Vancouver: Kerrisdale Condo for sale in "KERRISDALE PLACE" (Vancouver West) : MLS®# R2877345

    PH1 5723 BALSAM Street Kerrisdale Vancouver V6M 4B8
    Main Photo: PH1 5723 BALSAM Street in Vancouver: Kerrisdale Condo for sale in "KERRISDALE PLACE" (Vancouver West)  : MLS®# R2877345
    $1,280,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2877345
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,062 sq. ft.
    "Kerrisdale Place" is situated in the prime location of Kerrisdale, Vancouver Westside. This southeast-facing penthouse unit boasts 2 bedrooms plus a den, spanning 1062 sqft. With a spacious layout and two large skylights, the interior is bathed in natural light, complemented by a private rooftop terrace. The property includes 2 side by side parking spaces in a secure underground garage, along with a storage locker and bicycle storage room. Easy access to transportation and shopping amenities, including banks, shops, restaurants, parks, and community centers within walking distance. Within a few minutes' drive, prestigious private schools, UBC, the airport, and downtown Vancouver. Maple Grove Elementary and Magee Secondary school catchments. More details
    Listed by Royal Pacific Realty Corp.
  • 301 2105 W 42ND Avenue in Vancouver: Kerrisdale Condo for sale (Vancouver West) : MLS®# R2875840

    301 2105 W 42ND Avenue Kerrisdale Vancouver V6M 2B7
    Main Photo: 301 2105 W 42ND Avenue in Vancouver: Kerrisdale Condo for sale (Vancouver West)  : MLS®# R2875840
    $989,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2875840
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,043 sq. ft.
    In the heart of Kerrisdale, find this warm 2 bed, 2 bath condo with so many unique features. Enter the home and the kitchen is immediately on your left - ripe for a buyer to make it their own. On the right, an open dedicated dining space, and spacious living area. A sunny South facing deck off the living room is perfect for relaxing your afternoons away. The primary bedroom comes with an ensuite, and a chic solarium style den with huge windows pouring in sunlight - this makes for a perfect office, yoga room, or reading nook. The second bed and bath are in the other wing, perfect for kids or guests. Steps to Kerrisdale shops and restaurants, the location can't be beat. Perfect for university students, or downsizers alike. First Showings: Tuesday April 30th 2-4, Thursday May 2nd 2-4, and Sunday May 5th 2-4. NO APPT NEEDED. More details
    Listed by Dexter Realty
56-60/65
Data was last updated May 7, 2024 at 11:10 AM (UTC)
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