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1803 1708 ONTARIO Street in Vancouver: Mount Pleasant VE Condo for sale in “PINNACLE ON THE PARK” (Vancouver East) : MLS®# R2684414

Posted by Aedis Realty on December 4, 2022
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Olympic Village at False Creek

General Description

Olympic Village 3The Millennium Development Group built Vancouver Olympic Village for the 2010 Winter Olympics in Vancouver, British Columbia, Canada. The site, long ago an industrial area, later mostly a parking lot, is on the shoreline of the southeast corner of False Creek north of 2nd Avenue in the two blocks between Quebec and Manitoba streets immediately south of Science World. Its waterfront is part of the False Creek Seawall promenade and bicycle trail to Granville Island, to Aquabus and False Creek Ferry wharves, and to the Main Street and Olympic Village SkyTrain stations.

Construction

Construction at the site began in February 2006 and ended in November 2009, when the Vancouver Organizing Committee took it over for the Winter Games and returned it in April 2010 to the City of Vancouver for eventual conversion to residential housing use with a community centre and daycare, retail, and service spaces.

Part of Olympic Village was Canada’s first residential multi-unit Net Zero Building that generates as much energy as it uses. The designers cut conventional energy consumption to a small fraction by use of solar access and shading, natural cross-ventilation, triple-glazed windows, and excellent insulation. Energy meters in each suite encourage further cuts by showing how much energy is in use, and a heat recovery system transfers waste heat from an adjoining building. Two rooftop solar installations supply the rest of the building’s energy.

Funding crisis

After a series of cost overruns, the Mayor of Vancouver requested from the British Columbia provincial government authority for the city to borrow additional funds to complete construction. In January 2009, an emergency session of the BC Legislature granted the City of Vancouver unlimited access to such additional funds for Olympic Village. The authorization was unusual in that the original charter for the Olympics prohibited such additional borrowing without a public referendum. Thus did the city require extraordinary legislation to allow it to borrow to meet its financial commitments. In April 2014, the Toronto Globe and Mail reported that the City of Vancouver finally had retired the debt it assumed when it took over the Olympic Village project from the bankrupt Millennium Development Group.

Olympic Village 1Information Links:

http://vancouver.ca/home-property-development/olympic-village.aspx
http://vancouver.ca/parks-recreation-culture/creekside-community-recreation-centre.aspx
http://vancouver.ca/home-property-development/olympic-village.aspx

Post-Olympics Progress

Of the legacies of the 2010 Winter Games, Olympic Village was the most uncertain; however, it has achieved a transformation since pre-Olympic times as a result of long-term vision, smart design, and careful planning. Olympic Village is now a most enviable residential district. Olympic Village condo units are among the most attractive in the city. At the foot of False Creek, this prime location has been fundamentally instrumental to the project’s ultimate success. Olympic Village has superlative views of Downtown and its North Shore Mountain backdrop and everything residents need in shops, cafés, restaurants, parks, and daycare within a few blocks.

Olympic Village BridgeAffordable housing

The 2010 Olympic buildings are now residential housing for families. By 2020, if official plans prevail, Olympic Village will have 5,000 affordable residential housing units. Olympic Village is a mixed-use community of about 1,100 residential units, 252 of which are affordable housing and another 100 modest market. Modest market housing is for residents unable to pay market rents. The Olympic Village cooperative, Athletes Village, is an 84-unit building of market and modest market housing.

 

New Olympic Village Live MLS Listings

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1803 1708 ONTARIO Street
Mount Pleasant VE Vancouver V5T 0J7

$3,600,000
Residential Attached beds: 4 baths: 3.0 1,623 sq. ft. built: 2019

Main Photo: 1803 1708 ONTARIO Street in Vancouver: Mount Pleasant VE Condo for sale in "PINNACLE ON THE PARK" (Vancouver East)  : MLS®# R2684414
Photo 1: 1803 1708 ONTARIO Street in Vancouver: Mount Pleasant VE Condo for sale in "PINNACLE ON THE PARK" (Vancouver East)  : MLS®# R2684414
Photo 2: 1803 1708 ONTARIO Street in Vancouver: Mount Pleasant VE Condo for sale in "PINNACLE ON THE PARK" (Vancouver East)  : MLS®# R2684414
Photo 3: 1803 1708 ONTARIO Street in Vancouver: Mount Pleasant VE Condo for sale in "PINNACLE ON THE PARK" (Vancouver East)  : MLS®# R2684414
Photo 4: 1803 1708 ONTARIO Street in Vancouver: Mount Pleasant VE Condo for sale in "PINNACLE ON THE PARK" (Vancouver East)  : MLS®# R2684414
Photo 5: 1803 1708 ONTARIO Street in Vancouver: Mount Pleasant VE Condo for sale in "PINNACLE ON THE PARK" (Vancouver East)  : MLS®# R2684414
Photo 6: 1803 1708 ONTARIO Street in Vancouver: Mount Pleasant VE Condo for sale in "PINNACLE ON THE PARK" (Vancouver East)  : MLS®# R2684414
Photo 7: 1803 1708 ONTARIO Street in Vancouver: Mount Pleasant VE Condo for sale in "PINNACLE ON THE PARK" (Vancouver East)  : MLS®# R2684414
Photo 8: 1803 1708 ONTARIO Street in Vancouver: Mount Pleasant VE Condo for sale in "PINNACLE ON THE PARK" (Vancouver East)  : MLS®# R2684414
Photo 9: 1803 1708 ONTARIO Street in Vancouver: Mount Pleasant VE Condo for sale in "PINNACLE ON THE PARK" (Vancouver East)  : MLS®# R2684414
Photo 10: 1803 1708 ONTARIO Street in Vancouver: Mount Pleasant VE Condo for sale in "PINNACLE ON THE PARK" (Vancouver East)  : MLS®# R2684414
Photo 11: 1803 1708 ONTARIO Street in Vancouver: Mount Pleasant VE Condo for sale in "PINNACLE ON THE PARK" (Vancouver East)  : MLS®# R2684414
Photo 12: 1803 1708 ONTARIO Street in Vancouver: Mount Pleasant VE Condo for sale in "PINNACLE ON THE PARK" (Vancouver East)  : MLS®# R2684414
Status:
Active
Prop. Type:
Residential Attached
MLS® Num:
R2684414
Bedrooms:
4
Bathrooms:
3
Year Built:
2019
One of a kind! 4 Bedroom 3 Bath + Den Penthouse with full wrap around views of False Creek, the park and the Mountains. Large balcony off living room AND large rooftop deck to enjoy Vancouver view. Perfect-sized for owners who need extra bedrooms for hosting family and office space. Floor-to-ceiling windows over-height ceilings, engineered hardwood flooring, full-size chef's kitchen with Scavolini cabinets with pantry and wine fridge, extra large master walk-in closet. 2 Parking.
Property Type:
Residential Attached
Dwelling Type:
Apartment/Condo
Home Style:
Year built:
2019 (Age: 3)
Total area:
1,623 sq. ft.
Total Floor Area:
1,623 sq. ft.
Total unfinished area:
Main Floor Area:
1,623 sq. ft.
Floor Area Above Main:
Floor Area Above Main 2:
Floor Area Detached 2nd Residence:
Floor Area Below Main:
Basement Area:
No. Floor Levels:
1.0
Rainscreen:
Bedrooms:
4 (Above Grd: 4)
Bathrooms:
3.0 (Full:3/Half:0)
Kitchens:
Rooms:
Num Storeys:
18
Taxes:
$7,621.88 / 2021
Lot Area:
0 sq. ft.
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Pad Rental:
# or % of Rentals Allowed:
# or %:
Water Supply:
Plan:
EPS5871
Total Units in Strata:
Heating:
Construction:
Foundation:
Basement:
None
Full Height:
Crawl Height:
Roof:
Floor Finish:
Fireplaces:
0
Fireplace Details:
Parking:
Parking Total/Covered:
2 / 2
Parking Access:
Driveway:
Exterior Finish:
Title to Land:
Freehold Strata
Flood Plain:
Suite:
Floor
Type
Size
Other
Main
Main
Main
Main
Main
Main
Main
Main
Main
Main
Floor
Ensuite
Pieces
Other
Main
Main
Main
$795.73
Air Conditioning, Clothes Washer/Dryer/Fridge/Stove/DW, Drapes/Window Coverings, Microwave, Oven - Built In, Pantry, Smoke Alarm, Wine Cooler
Central Location, Greenbelt, Recreation Nearby, Shopping Nearby
Air Cond./Central, Exercise Centre, Garden, Playground
WATER, CITY & MOUNTAIN
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Cats:
Dogs:
Units in Development:
Plumbing Details:
Services Connected:
Previous Price:
Original Price:
  • Photo 1: 1803 1708 ONTARIO Street in Vancouver: Mount Pleasant VE Condo for sale in "PINNACLE ON THE PARK" (Vancouver East)  : MLS®# R2684414
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  • Photo 6: 1803 1708 ONTARIO Street in Vancouver: Mount Pleasant VE Condo for sale in "PINNACLE ON THE PARK" (Vancouver East)  : MLS®# R2684414
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  • Photo 12: 1803 1708 ONTARIO Street in Vancouver: Mount Pleasant VE Condo for sale in "PINNACLE ON THE PARK" (Vancouver East)  : MLS®# R2684414
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Listed by Anson Realty Ltd.
Data was last updated December 5, 2022 at 04:35 AM (UTC)
Area Statistics
Listings on market:
88
Avg list price:
$829,000
Min list price:
$375,999
Max list price:
$4,259,900
Avg days on market:
51
Min days on market:
4
Max days on market:
322
Avg price per sq.ft.:
$1,254.38
These statistics are generated based on the current listing's property type and located in Mount Pleasant VE. Average values are derived using median calculations.
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