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UBC Endowment Lands [results]

Posted by Aedis Realty on December 3, 2023
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British Columbia University Endowment Lands

General Description

UBC Endowment Lands 1The unincorporated University Endowment Lands (Lands) surround the University of British Columbia between the City of Vancouver, Canada and the Strait of Georgia between the Lower Mainland and Vancouver Island. The mostly forested Pacific Spirit Regional Park composes about half of the 5.46 square miles of the Lands. On Point Grey at the end of the peninsula, high cliffs drop steeply to beaches 200 feet below.

Administration

The Province of British Columbia administers the Lands directly. In a 1995 referendum, residents voted against establishment of a municipal governing body. Administration of the University of British Columbia and its housing land is under a duality of the university and the University Neighbourhoods Association with the association performing most municipal services. The Lands have no mayor or municipal government. The University of British Columbia, the Greater Vancouver Regional District, and the Province of British Columbia administer areas of the Lands. Law enforcement is under the Royal Canadian Mounted Police. The City of Vancouver provides fire and rescue services under contract.

Climate

UBC Endowment Lands 2The Lands are close to seaside cliffs on the Strait of Georgia, and strong winds are frequent. Snowfalls are infrequent but more common than in the city farther inland because of the higher altitude of the Lands and their lack of urban development to generate heat. On a peninsula surrounded on three sides by water the Lands have more humidity than does Metro Vancouver as a whole. Fog is sometimes daily during winter months.

History

The University Site Act in 1911 set aside 175 acres in Point Grey for the university. The British Columbia University Loan Act in 1920 allowed an auction sale of 3,000 acres of Crown land on Point Grey for residential development. Auction proceeds went into a university endowment account. During the Great Depression of the 1930s, financially unable to develop the land, the university returned it to the government.

There have been many attempts to develop this area opposed by resident environmental activists. In 1988, the provincial government created Pacific Spirit Park, which functions as a greenbelt between the developed areas of the Lands and the City of Vancouver. Further development of the Lands will be difficult as it would require consultation with university students, staff, and faculty, environmental organizations, business organizations, residents, and the general public.

Information Links:

http://www.universityendowmentlands.gov.bc.ca

Population

UBC Endowment Lands 3Other than students living in university residences, the Lands’ residential population is small and mostly high-income professionals who can afford the very high realty prices. The 2001 census reported an official permanent population of 7,816 and around 40,000 undergraduate students, graduate students, faculty, and staff.

Transportation

Only five roads lead from Vancouver into the Lands; however, the area is readily accessible by public transit. The UBC Loop is the western terminus of many TransLink bus routes

Economy

Most economic activity occurs around University Village and University Marketplace, which are next to each other just off the campus near University Boulevard and Allison Road, where there are several restaurants, some shops, medical clinics, and some services. Most university businesses operate in the Student Union Building.

New UBC Endowment Lands Live MLS Listings

UBC Endowment Lands, Vancouver

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  • 4838 BELMONT Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2829500

    4838 BELMONT Avenue Point Grey Vancouver V6T 1A9
    Main Photo: 4838 BELMONT Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2829500
    $55,800,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2829500
    Bedrooms:
    6
    Bathrooms:
    8
    Floor Area:
    12,410 sq. ft.
    This beautiful residence in famous Point Grey features exceptional craftsmanship, luxury materials, and impressively finished finishings. Over 12,000 square feet of living space on Main features an Italian marble floor. A grand entrance with an elevator and a magnificent staircase. Chef kitchen with marble counter, wok kitchen, and eating area. Open-concept living, dining, and family rooms with access to a 1,404 sqft patio. A big master bedroom with a large Italian walk-in closet, marble bathtub are among the 6 well-appointed bedrooms. The lower level has a video room, living space, wet bar, wine cellar, gym, and I/D pool. A large rooftop deck with a fireplace to enjoy the magnificent views of the ocean, mountains, and city. Lush landscaping, 2 garages, A/C, and much more. More details
    Listed by Luxmore Realty and Macdonald Realty
  • 4788 BELMONT Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2716382

    4788 BELMONT Avenue Point Grey Vancouver V6T 1A9
    Main Photo: 4788 BELMONT Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2716382
    $33,888,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2716382
    Bedrooms:
    7
    Bathrooms:
    11
    Floor Area:
    10,548 sq. ft.
    Perched high above the most prestigious street, this luxurious gated mansion commands sweeping views of both the water & mountains. The grand foyer with a double circular staircase, lavish use of Italian marble & custom millwork. Over 10,500 sq ft of grandeur living featuring 7 bdrms & 11 baths. LR & DR areas have outdoor terraces wiith stunning water views. This bespoke home has every luxurious amenity one can dream of:Resort-style indoor swimming pool & spa, gourmet kitchen, ent. room, PH zen room, karaoke room, theatre room, etc. The interior offers an unparalleled blend of classic European architecture & modern elegance. Exquisite design & material & quality craftmanship is apparent throughout this home. Close proximity to Spanish Banks, Jericho Beach, UBC, & the best school catchments More details
    Listed by Sutton Group-West Coast Realty
  • 5915 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West) : MLS®# R2805560

    5915 NEWTON Wynd University VW Vancouver V6T 1H8
    Main Photo: 5915 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2805560
    $26,800,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2805560
    Bedrooms:
    5
    Bathrooms:
    5
    Floor Area:
    4,890 sq. ft.
    Ocean view! Ocean View! Ocean view! VANCOUVER'S FINEST VIEWS! Remarkable architectural design by Kaplan and Sprachman and built by Dominion Construction , this truly interesting home is surrounded by over 27,000 sqft lot in prestigious UBC area. This gives you a fantastic view of water , mountain and city. 6,000 sqft living area with manicured gardens. Rare opportunity to own, easy to show. More details
    Listed by Royal Pacific Realty Corp.
  • 1784 DRUMMOND Drive in Vancouver: Point Grey House for sale in "Drummond Drive" (Vancouver West) : MLS®# R2745992

    1784 DRUMMOND Drive Point Grey Vancouver V6T 1B6
    Main Photo: 1784 DRUMMOND Drive in Vancouver: Point Grey House for sale in "Drummond Drive" (Vancouver West)  : MLS®# R2745992
    $21,800,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2745992
    Bedrooms:
    4
    Bathrooms:
    2
    Prime Point Grey location! One of the biggest lots in Point Grey, over 75,000 s.f of land. Very quiet and private settings perfect to build your dream home with amazing views of the water and the north shore mountains. Building permit & development permit approved and obtained by the city to build a contemporary, concrete and glass home, designed by the award winning architects. Located just steps to the beach, close to UBC, and all of Point Grey amenities. School catchment: Queen Mary Elementary & Lord Byng Secondary. Call us for more details and information package. More details
    Listed by Oakwyn Realty Ltd.
  • 1611 DRUMMOND Drive in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2729300

    1611 DRUMMOND Drive Point Grey Vancouver V6T 1B7
    Main Photo: 1611 DRUMMOND Drive in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2729300
    $18,800,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2729300
    Bedrooms:
    5
    Bathrooms:
    6
    Floor Area:
    6,977 sq. ft.
    Rare opportunity to own this stunning estate-sized property over 1.3 acres on prestigious Drummond Drive with beautiful ocean & Mountain views. More details
    Listed by Macdonald Realty
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Data was last updated December 4, 2023 at 03:10 AM (UTC)
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