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Ups and Downs in Kerrisdale [p.7]

Posted by Aedis Realty on March 29, 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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31-35/54
  • 206 2096 W 47TH Avenue in Vancouver: Kerrisdale Condo for sale in "Chloé Kerrisdale" (Vancouver West) : MLS®# R2863663

    206 2096 W 47TH Avenue Kerrisdale Vancouver V6M 3W6
    Main Photo: 206 2096 W 47TH Avenue in Vancouver: Kerrisdale Condo for sale in "Chloé Kerrisdale" (Vancouver West)  : MLS®# R2863663
    $2,896,740
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2863663
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,197 sq. ft.
    Indulge in perfection at this Parisienne-inspired home w/ 2 bed + den & 2 bath spanning 1,197 sqft. This Kerrisdale landmark epitomizes luxury, envisioned by Matchpoint Development, RH Architects, and CHIL Interiors. Chloé Kerrisdale offers an elevated living experience without compromise. Enjoy 9’–10’ ceilings, herringbone hardwood flooring. The kitchen exudes grace and sophistication w/ Gaggeneau appliances, Wolf Steam Oven, Wine Fridge, & quartz countertops. Large-format Italian porcelain tiles surround the primary ensuite, featuring a glass-enclosed rainfall shower & soaker tub. A/C & in-floor heating provide year-round comfort. Easy access downtown & airport, stroll to all shops, cafes, & restaurants for an unmatched lifestyle of luxury and convenience. Move-in is Spring/Summer 2024. More details
    Listed by FaithWilson Christies International Real Estate
  • 506 2102 W 48TH Avenue in Vancouver: Kerrisdale Condo for sale in "Sterling" (Vancouver West) : MLS®# R2839562

    506 2102 W 48TH Avenue Kerrisdale Vancouver V6M 2P5
    Main Photo: 506 2102 W 48TH Avenue in Vancouver: Kerrisdale Condo for sale in "Sterling" (Vancouver West)  : MLS®# R2839562
    $2,838,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2839562
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,427 sq. ft.
    Indulge in the height of luxury at this exclusive penthouse at The Sterling, where every detail exudes sophistication. This 2 bed, 2.5 bath residence + 1 den offers a rooftop oasis spanning 1129 sq.ft., with a hot tub, BBQ/dining area, and lounge space w/ fireplace - perfect for entertaining. The kitchen showcases Italian marble counters, Wolf appliances, and custom millwork. Both bedrooms boast ensuite bathrooms, and the primary bedroom featuring a spacious walk-in closet and a spa-like ensuite complete with a separate rainhead shower and a standalone soaker tub. Integrated in-ceiling speakers enhance the ambiance throughout. Additional features include air-conditioning and a well-appointed laundry room. With 2 parking spaces and a storage unit, this penthouse offers refined comfort in every aspect. More details
    Listed by FaithWilson Christies International Real Estate
  • 1 2136 W 48TH Avenue in Vancouver: Kerrisdale 1/2 Duplex for sale (Vancouver West) : MLS®# R2860924

    1 2136 W 48TH Avenue Kerrisdale Vancouver V6M 2P5
    Main Photo: 1 2136 W 48TH Avenue in Vancouver: Kerrisdale 1/2 Duplex for sale (Vancouver West)  : MLS®# R2860924
    $2,598,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2860924
    Bedrooms:
    3
    Bathrooms:
    4
    Floor Area:
    1,578 sq. ft.
    Nestled in the highly desirable Kerrisdale neighbourhood, this brand new, meticulously crafted duplex offers an exceptional living experience across its 3 levels, spanning 1,578 sqft of luxurious space. Designed with modern living in mind, the property features an open layout that beautifully merges the living, dining, and kitchen areas into a cohesive & inviting space, accentuated by high-end finishes. Boasting three elegantly appointed bedrooms, each accompanied by its own bathroom plus an additional half bath for guests, this residence combines comfort with sophistication. Its convenient location further enhances its appeal, placing you in close proximity to a vibrant array of shops, restaurants, & schools, making it a perfect blend of urban convenience & contemporary living. More details
    Listed by Sutton Group-West Coast Realty
  • 6141 YEW Street in Vancouver: Kerrisdale House for sale (Vancouver West) : MLS®# R2861789

    6141 YEW Street Kerrisdale Vancouver V6M 3Z1
    Main Photo: 6141 YEW Street in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2861789
    $2,499,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2861789
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,600 sq. ft.
    Centrally located in prime Kerrisdale just minutes walk from shopping and transit, though tucked away on a quiet part of the idyllic Yew Street, is this amazing four bedroom and two bathroom home ready just for you! Located on an oversized LARGE lot with laneway access and single car garage, this traditional home has 2 bedrooms on the main level and a HUGE attic bedroom on the upper level. It also features a 1 bedroom suite with full bathroom, 2nd kitchen and separate entrance on the lower level. Homes in this perfect of a location rarely last, so come see this one before it's gone. Call today! More details
    Listed by RE/MAX Crest Realty
  • 2085 W 45TH Avenue in Vancouver: Kerrisdale House for sale (Vancouver West) : MLS®# R2863296

    2085 W 45TH Avenue Kerrisdale Vancouver V6M 2H8
    Main Photo: 2085 W 45TH Avenue in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2863296
    $2,499,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2863296
    Bedrooms:
    6
    Bathrooms:
    2
    Floor Area:
    2,483 sq. ft.
    This charming house is located in Kerrisdale, this corner lot features a gorgeous front porch and a 438 sqft patio, perfect for entertaining or hosting parties. The spacious kitchen has been modernly renovated with a breakfast bar and granite counter. Upstairs, you'll find two bedrooms. The lower level boasts four bedrooms along with a separate kitchen and laundry, making it an ideal revenue suite for monthly income or Airbnb rooms with full licensing. The property is conveniently just a few steps away from public transit, the Arbutus Greenway, Kerrisdale Community Center, West 41st shopping. The house is in move-in condition, and there is also the option for a laneway house. School Catchment: Magee Secondary & Maple Grove Elementary More details
    Listed by Laboutique Realty
31-35/54
Data was last updated March 29, 2024 at 08:10 AM (UTC)
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