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Sunset [p.3]

Posted by Aedis Realty on March 28, 2024
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Sunset on the Fraser River

The Neighbourhood

Sunset 1An ethnically diverse neighbourhood within Ontario Street on the west and Knight Street on the east, Sunset extends from 41st Avenue south to the Fraser River in southeastern Vancouver, British Columbia. Like most of southeast Vancouver, the area was once mostly working class, but rising prices everywhere have made the area increasingly popular with young professionals and families no longer able to afford houses on the west side.

Background

Formerly part of the incorporated District of South Vancouver, the neighbourhood became part of Vancouver in 1929. As farmland sloping southward to the river with clusters of homes and villages by the 1860s, when the Fraser River was a full day’s journey to the Granville Townsite on the Burrard Inlet by boat or overland through forest and swamp, Sunset welcomed the advance of Westminster Avenue, now Main Street, south from Mount Pleasant in 1910.

The first immigrants from Punjab arrived in Vancouver in the 1890s. Most of them settled in the area around Main Street and 49th Avenue, and many established restaurants and businesses there. Over the years the Sunset neighbourhood has become for Vancouver’s estimated 160,000 South Asian residents a central assembly point of culture and commerce.

The number of Punjabi speakers increased steadily for decades. It is now the most common language in Sunset. More than one in four, 26 per cent of the Sunset population, in 2006 spoke Punjabi as their first language compared to less than three per cent of the general city population, 21 percent spoke Chinese, and 24 percent English. Businesses, restaurants, and services catering to these communities proliferated along Fraser and Main streets; prominent among them was the Punjabi Market.

Sunset 2Information Links:

http://southhillbia.ca
http://vancouver.ca/green-vancouver/sunset.aspx
http://www.mysunset.net

The Punjabi Market

The Punjabi Market is a commercial district and ethnic enclave in a roughly six-block section around Main Street and 49th Avenue. Vancouver is home to more than 200,000 people of Indian and Pakistani descent, nowhere more vibrant than at the Punjabi Market, a world of glittering bangles, flowing saris, and rich curry aromas. The neighbourhood gives visitors a glimpse of South Asian culture on Canada’s Pacific Coast. Shops sell fine silk saris in a rainbow of bright colors and elaborate gowns with thousands of tiny inlaid gems. Bhangra music from Bollywood films pumps out of storefronts. Fine jewelers offer exquisite gold rings, bracelets, and necklaces. In April, the Punjabi Market celebrates Vaisakhi Day, the Sikh New Year, with a colorful parade through the streets attracting thousands of spectators.

Vancouver’s Punjabi Market has been a city fixture for decades, but the 2013 municipal Assessment Roll Report finds the area in financial trouble: “Values here are down about 15 percent as the regional [Indo-Canadian] retail hub continues to shift towards Surrey.” Even Tourism Vancouver says the Punjabi Market is struggling. Once famous for many jewelry stores, the Punjabi Market now displays lots of empty space for lease. Elsewhere across the city, retail property value assessments rise but decline here as businesses relocate to Surrey.

The Punjabi Market Association says the district needs some help from the city, province, and federal governments if it’s going to survive. The Surrey Board of Trade says its city offers lower rents and taxes than does Vancouver.

New Sunset Live MLS Listings

Sunset, Vancouver, BC

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11-15/115
  • 7970 ONTARIO Street in Vancouver: South Vancouver House for sale (Vancouver East) : MLS®# R2853801

    7970 ONTARIO Street South Vancouver Vancouver V5X 3E1
    Main Photo: 7970 ONTARIO Street in Vancouver: South Vancouver House for sale (Vancouver East)  : MLS®# R2853801
    $3,800,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2853801
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    3,021 sq. ft.
    Developer & Investor Alerts - Land Assembly for Vancouver Secured Rental Program. Walking distance to Marine Drive Canada Line station, Marine Gateway shopping complex, Winona park, Langara college and Langara Golf course. Excellent Transit. Do not miss the development opportunity for a 3 Lots Assembly with a total of 16,695 SQFT. The project has potential for a 5-6 Storey Secured Rental Policy Building. Potential density of 2.5-2.71 FSR. To be sold as part of a land assembly. (3 Marine Drive SE / 7970/7950 Ontario Street) More details
    Listed by RE/MAX Crest Realty
  • 173 W 41ST Avenue in Vancouver: Cambie House for sale (Vancouver West) : MLS®# R2834218

    173 W 41ST Avenue Cambie Vancouver V5Y 2S2
    Main Photo: 173 W 41ST Avenue in Vancouver: Cambie House for sale (Vancouver West)  : MLS®# R2834218
    $3,798,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2834218
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,760 sq. ft.
    Developers and Investors Alert!! Selling together with 195,187,181,173 W 41ST Ave.!! The total area is 18726 Square feet. Excellent investment property in the Prime Oakridge area. This property is located within the Cambie Corridor plan Per the latest BC Bill 47, the FSR here is 3, allowing for the construction of an 8-story apartment! An excellent investment opportunity! Only 4 blocks(450m) from the Canada Line Skytrain & Oakridge Mall. Close to Q.E. Park and easy access to Downtown. Character Bungalow on the property in good condition, the current rent is approximately $3000. More details
    Listed by Laboutique Realty
  • 6872 KNIGHT Street in Vancouver: Knight House for sale (Vancouver East) : MLS®# R2845995

    6872 KNIGHT Street Knight Vancouver V5P 2W3
    Main Photo: 6872 KNIGHT Street in Vancouver: Knight House for sale (Vancouver East)  : MLS®# R2845995
    $3,698,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2845995
    Bedrooms:
    10
    Bathrooms:
    6
    Floor Area:
    3,911 sq. ft.
    Custom quality built home with the best material at the time. Check out this massive well maintained 3911 sqft of living space, 4837 sqft lot home with 10 beds, 6 baths that includes 4 beds on top floor, one bed on main, 2 (2+2) suite in the bsmt, and one bed laneway home. Main floor featuring high-end maple kitchen cabinets, SS appliances, granite counter top. Great size family room, gorgeous living room and a formal dining room. Excellent mortgage helper with 3 rental suites. Newly installed AC, water fall features in the back & front, security cameras, and much more. VERY QUIET INSIDE. Easy access to bus #22 Downtown or 49th bus to Metrotown & Rapid Bus 49th to UBC. Please drive by first before request showing. More details
    Listed by Grand Central Realty
  • 181 W 41ST Avenue in Vancouver: Cambie House for sale (Vancouver West) : MLS®# R2833001

    181 W 41ST Avenue Cambie Vancouver V5Y 2S2
    Main Photo: 181 W 41ST Avenue in Vancouver: Cambie House for sale (Vancouver West)  : MLS®# R2833001
    $3,500,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2833001
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    1,933 sq. ft.
    Developers and Investors Alert!! Selling together with 195,187,181,173 W 41ST Ave.!! The total area is 18726 Square feet. Excellent investment property in the Prime Oakridge area. This property is located within the Cambie Corridor plan Per the latest BC Bill 47, the FSR here is 3, allowing for the construction of an 8-story apartment! An excellent investment opportunity! Only 4 blocks(450m) from the Canada Line Skytrain & Oakridge Mall. Close to Q.E. Park and easy access to Downtown. Character Bungalow on the property in good condition. More details
    Listed by Laboutique Realty
  • 544 E 51ST Avenue in Vancouver: South Vancouver House for sale (Vancouver East) : MLS®# R2838320

    544 E 51ST Avenue South Vancouver Vancouver V5X 1C9
    Main Photo: 544 E 51ST Avenue in Vancouver: South Vancouver House for sale (Vancouver East)  : MLS®# R2838320
    $3,500,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2838320
    Bedrooms:
    7
    Bathrooms:
    4
    Floor Area:
    3,600 sq. ft.
    Convenient South Vancouver area! 2 levels Vancouver Special sitting on a 50x122 level lot. 4 bedrooms/2 full baths up, extra bedrooms/living area on Main floor with separate entrance. Triple garage, total approx. 3,600 sf living space. Close to all amenities, shopping and transits. John Henderson Elementary/John Oliver Secondary catchment. Call today for details. More details
    Listed by RE/MAX Real Estate Services
11-15/115
Data was last updated March 29, 2024 at 04:40 AM (UTC)
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