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Ups and Downs in Kerrisdale [p.7]

Posted by Aedis Realty on December 3, 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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  • 2085 W 45TH Avenue in Vancouver: Kerrisdale House for sale (Vancouver West) : MLS®# R2796821

    2085 W 45TH Avenue Kerrisdale Vancouver V6M 2H8
    Main Photo: 2085 W 45TH Avenue in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2796821
    $2,688,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2796821
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    2,483 sq. ft.
    This charming house is in Kerrisdale. Gorgeous front porch and 438 sqft patio for entertaining or hosting party. Spacious kitchen, modern renovated with breakfast bar, granite counter. It has 2 bedrooms upstairs. Lower level has 4 bedrooms with separate kitchen and laundry, an ideal revenue suit earner for on monthly basis or Airbnb rooms with fully licensed. A few steps to public transit, Arbutus Greenway, Kerrisdale community centre, West 41st shopping, Point Grey Secondary, Magee, and Elementary. Move in condition. Building laneway house available, potential to add another story or building your dreaming house. More details
    Listed by Laboutique Realty
  • 2696 W 42ND Avenue in Vancouver: Kerrisdale House for sale (Vancouver West) : MLS®# R2829666

    2696 W 42ND Avenue Kerrisdale Vancouver V6N 3G5
    Main Photo: 2696 W 42ND Avenue in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2829666
    $2,555,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2829666
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    2,001 sq. ft.
    OPEN SUN DEC 3 @ 2-4PM! Just a half a block to Elm Park on the SOUTH side of idyllic West 42nd Avenue just minutes walk to the heart of Kerrisdale, is this lovingly cared for three bedroom and two bathroom home just ready for you! This traditional home features a spacious living room with upgraded gas fireplace and overheight ceilings and a bright and spacious updated kitchen. The large adjoining dining room features large french doors which open directly onto your 300 square foot deck in your bright SOUTH FACING back yard oasis! Downstairs is ready for your design ideas, though currently has a large bedroom, FULL bathroom, laundry, and a separate entrance. Homes in this perfect of a location rarely last, so come see this one before it's gone. Call today! OPEN SUN DEC 3 @ 2-4PM! More details
    Listed by RE/MAX Crest Realty
  • 2936 W 41ST Avenue in Vancouver: Kerrisdale House for sale (Vancouver West) : MLS®# R2796403

    2936 W 41ST Avenue Kerrisdale Vancouver V6N 3C7
    Main Photo: 2936 W 41ST Avenue in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2796403
    $2,490,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2796403
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    2,165 sq. ft.
    Investor Alert, Great Potential, Great Value!! Fabulous home located at the Heart of Kerrisdale Central, close to Crofton House School, Kerrisdale Elementary, 10 mins drive to UBC, Point Grey, and St. George Secondary. While waiting for the development potential can still have an attractive rental income (mortgage helper). This home offers a very functional floor plan, and plenty of outdoor space. Walking distance to Westside Shopping, Community/library Centre, and much more. More details
    Listed by RE/MAX Crest Realty and One Percent Realty Ltd.
  • 304 2089 W 43RD Avenue in Vancouver: Kerrisdale Condo for sale (Vancouver West) : MLS®# R2795063

    304 2089 W 43RD Avenue Kerrisdale Vancouver V6M 2C8
    Main Photo: 304 2089 W 43RD Avenue in Vancouver: Kerrisdale Condo for sale (Vancouver West)  : MLS®# R2795063
    $2,280,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2795063
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,154 sq. ft.
    Stunning Sub Penthouse suite overlooking the quiet tree-lined greenway, situated in prestigious Kerrisdale. The suite boasts many upgraded features including an upscale kitchen including European-inspired floor-to-ceiling veneer cabinetry, beautifully polished quartz counter tops and back splash, full-height Richelieu pull-out cabinets, drawers with ample storage, Franke undermount stainless steel double sink and premium Miele appliances. Highly desired location, walking distance to endless amenities such as the community centre, parks, library, shops, restaurants, and some of the best schools in the country. The Stanton is in a tier of its own, bringing together luxury and conveniences of life, all in a prime location. More details
    Listed by Royal Pacific Realty Corp.
  • 209 6333 W BOULEVARD in Vancouver: Kerrisdale Condo for sale (Vancouver West) : MLS®# R2823793

    209 6333 W BOULEVARD Kerrisdale Vancouver V6M 0C1
    Main Photo: 209 6333 W BOULEVARD in Vancouver: Kerrisdale Condo for sale (Vancouver West)  : MLS®# R2823793
    $2,280,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2823793
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,420 sq. ft.
    Welcome to McKinnon by Cressey - stunning and modern condominium in the vibrant city of Vancouver. This South East immaculate corner 2-bedroom plus Flex, 2.5 bathroom residence embodies the perfect blend of luxury and convenience. The spacious layout seamlessly connects the living room, dining area, and gourmet kitchen, creating a perfect space for both relaxation and entertaining. The chef-inspired kitchen boasts high-end appliances, sleek quartz countertops, and ample cabinet space. The generous master bedroom features a walk-in closet and a spa-like ensuite. The second bedroom is equally spacious and offers versatility; It can serve as a guest room, home office, or a cozy retreat. Includes 2 secure underground parkings and oversized locker for your convenience. More details
    Listed by Royal Pacific Realty Corp.
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Data was last updated December 4, 2023 at 01:10 AM (UTC)
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