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Ups and Downs in Kerrisdale [p.2]

Posted by Aedis Realty on January 26, 2023
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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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6-10/62
  • 6507 MAPLE Street in Vancouver: Kerrisdale House for sale (Vancouver West) : MLS®# R2713507

    6507 MAPLE Street Kerrisdale Vancouver V6P 5P1
    Main Photo: 6507 MAPLE Street in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2713507
    • Photo 1: 6507 MAPLE Street in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2713507
    • Photo 2: 6507 MAPLE Street in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2713507
    $8,000,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2713507
    Bedrooms:
    4
    Bathrooms:
    5
    Floor Area:
    5,463 sq. ft.
    Developer & Investor Alerts -Vancouver Secured Rental Program Land Assembly, Located at Kerrisidale Central Education Point, right beside Crofton House School, 10 mins to UBC, Point Grey and St. George Secondary. Do not miss the development opportunity for this over 20,960 sf. Lot. The project got potential for a 4-6 story rental housing development. The neighbour properties also show interest in selling as a land assembly project. More details
    Listed by RE/MAX Crest Realty
  • 2867 W 44TH Avenue in Vancouver: Kerrisdale House for sale (Vancouver West) : MLS®# R2706404

    2867 W 44TH Avenue Kerrisdale Vancouver V6N 3K1
    Main Photo: 2867 W 44TH Avenue in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2706404
    • Photo 1: 2867 W 44TH Avenue in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2706404
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    • Photo 35: 2867 W 44TH Avenue in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2706404
    • Photo 36: 2867 W 44TH Avenue in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2706404
    $7,288,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2706404
    Bedrooms:
    6
    Bathrooms:
    7
    Floor Area:
    4,387 sq. ft.
    Truly stunning luxury custom home in prestigious Kerrisdale area, situated on tranquil tree-lined street and a flat south facing 7,920 sf lot w/ 6 beds +7 baths. Amazing craftsmanship throughout. Functional layout featuring tons of details. This beautiful home features 4 spacious Bedrooms upstairs with all ensuite bathrooms; main floor includes a formal dining area, a wok kitchen, elegant living room and cozy bright family room; basement is your entertainment paradise featuring large rec room, wine cellar, media room etc. Move in and enjoy your dream life. More details
    Listed by Sutton Group-West Coast Realty
  • 6996 LABURNUM Street in Vancouver: Kerrisdale House for sale (Vancouver West) : MLS®# R2691940

    6996 LABURNUM Street Kerrisdale Vancouver V6P 5M9
    Main Photo: 6996 LABURNUM Street in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2691940
    • Photo 1: 6996 LABURNUM Street in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2691940
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    • Photo 32: 6996 LABURNUM Street in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2691940
    • Photo 33: 6996 LABURNUM Street in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2691940
    $6,880,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2691940
    Bedrooms:
    7
    Bathrooms:
    7
    Floor Area:
    5,382 sq. ft.
    Truly glamorous mansion with full attention to details in craftsmanship & finishing. This 5382 SF 7 bed, 7 baths home is on a huge 75x130 (9685) SF lot that is located in the heart of Kerrisdale. Glorious Entrance w/high ceiling Lvg, Dining & Family rm, spacious office with extra E/S bed on main floor. 4 generous size ensuite beds on upper level. Master bedroom has huge balcony with distant view of the water & beautiful sunset. Entertaining sized open kit w/high-end cabinetry & top of line appls, radiant flr heat, A/C, HRV, wok kit, gym, HOME THEATRE, I/D POOL, SAUNA, STEAM & BATH. New paint in the basement last year. Top School catchment-Maple Grove Elementary and Magee Secondary, Crofton House and St. George's. Close to UBC, public transit, downtown. More details
    Listed by Optim Pacific Realty
  • 6520 LABURNUM Street in Vancouver: Kerrisdale House for sale (Vancouver West) : MLS®# R2740961

    6520 LABURNUM Street Kerrisdale Vancouver V6P 5M5
    Main Photo: 6520 LABURNUM Street in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2740961
    • Photo 1: 6520 LABURNUM Street in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2740961
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    • Photo 40: 6520 LABURNUM Street in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2740961
    $6,480,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2740961
    Bedrooms:
    5
    Bathrooms:
    7
    Floor Area:
    4,338 sq. ft.
    Tired of cookie cutter homes? Look no further: From design to function to craftsmanship this spectacular custom home by Stefan Wiedemann (Arch.) & Andrea Rodman (Int.) has it all! Total 4,338 SF with unique layout on main (open yet still private), specially-approved 1,349 SF upstairs (4 maximized bedrms all ensuite with WICs), and bsmt open rec space with theatre rm, guest bedrm, and bar with thermo-controlled wine cellar. House features AC/HRV/in-floor heat, custom millwork, 8'6" doors, Italian marble, smart home sys., Euroline doors, and luxury roof shingles. Ceiling heights: 11-ft main,9-ft top flr &10-ft bsmt. 2022 Contemporary updates include a brand new powder rm, kitchen island & millwork, fireplace feature wall, designer lighting and more. School catchment: Magee & Maple Grove. More details
    Listed by Macdonald Realty
  • 3142 W 37TH Avenue in Vancouver: Kerrisdale House for sale (Vancouver West) : MLS®# R2714181

    3142 W 37TH Avenue Kerrisdale Vancouver V6N 2V2
    Main Photo: 3142 W 37TH Avenue in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2714181
    • Photo 1: 3142 W 37TH Avenue in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2714181
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    • Photo 26: 3142 W 37TH Avenue in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2714181
    $6,388,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2714181
    Bedrooms:
    5
    Bathrooms:
    5
    Floor Area:
    4,075 sq. ft.
    Exquisite custom built home situated in prestigious & family-oriented Kerrisdale neighborhood, offering elegant design & luxurious finishes. Open concept design on main level with desirable North-South-Facing & high ceiling. Equipped with smart home technology, multi-room audio & security systems, radiant floor heating, A/C, marble tile & hardwood flooring. High-end kitchen cabinetry, Miele appliances, huge island & bright wok kitchen. 3 generous ensuite bedrooms on upper level, master bedroom offers spa-like soaker tub & closet organizers. Fully finished lower level features wine bar, entertainment room with surround sound speaker rough in, 2 bedrooms & laundry. Great school catchment: Kerrisdale Elementary, Point Grey Secondary. Less than 10-min drive to UBC. More details
    Listed by Sutton Group - 1st West Realty
6-10/62
Data was last updated January 27, 2023 at 01:10 AM (UTC)
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