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UBC Endowment Lands [p.18]

Posted by Aedis Realty on March 3, 2024
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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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86-90/153
  • PH7 5728 BERTON Avenue in Vancouver: University VW Condo for sale in "ACADEMY" (Vancouver West) : MLS®# R2768094

    PH7 5728 BERTON Avenue University VW Vancouver V6T 0E5
    Main Photo: PH7 5728 BERTON Avenue in Vancouver: University VW Condo for sale in "ACADEMY" (Vancouver West)  : MLS®# R2768094
    $1,438,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2768094
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,042 sq. ft.
    NICE PENTHOUSE AT "ACADEMY " BY POLYGON. Fabulous view of ocean, mountain and park through the living & dining rm also from the two bedrooms. Bright open-plan layout with 10-foot high ceiling. Two hugh size decks each 175 sq ft to enjoy view all around. Luxury features include extensive use of marble for bathrooms and countertops, gourmet kitchen with custom cabinetry, premium appliances. Desirable UBC campus neigbourhood, close to U-Hill secondary and Norma Rose Point elementary. Steps to shopping, restaurant, transit and the trails of park. Two side by side under building parking stalls at P1-#69 & #70. Well managed building with on site manager live in bldg. More details
    Listed by Royal Pacific Realty Corp.
  • 601 5629 BIRNEY Avenue in Vancouver: University VW Condo for sale in "IVY ON THE PARK" (Vancouver West) : MLS®# R2854240

    601 5629 BIRNEY Avenue University VW Vancouver V6S 0L5
    Main Photo: 601 5629 BIRNEY Avenue in Vancouver: University VW Condo for sale in "IVY ON THE PARK" (Vancouver West)  : MLS®# R2854240
    $1,438,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2854240
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,017 sq. ft.
    Ivy On The Park by Wall Financial Corporation. This home has a fabulous layout that offers spacious living experience. Huge living space and dining area. Southwest orientation makes the home bright and filled with plenty of natural lights. Being on the 6th floor, the home get to overlook the low rise buildings across and at the same time maintain great privacy. Huge laundry room could provide extra storage or closet space. Minutes away from Wesbrook Village, surrounded by lots of natural parks and trails. Building Amenity includes 7 days Concierge service/Gym/Yoga studio/Co-working space/Grand piano room/Sound proof music studio/Social Room etc. Unit comes with 1 L2 EV ready parking stall and 2 Storage Lockers. Home is well maintained by the owner, move-in ready condition. Motivated Seller! More details
    Listed by Macdonald Realty Westmar
  • 1905 5728 BERTON Avenue in Vancouver: University VW Condo for sale in "ACADEMY" (Vancouver West) : MLS®# R2850853

    1905 5728 BERTON Avenue University VW Vancouver V6H 4C2
    Main Photo: 1905 5728 BERTON Avenue in Vancouver: University VW Condo for sale in "ACADEMY" (Vancouver West)  : MLS®# R2850853
    $1,418,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2850853
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,003 sq. ft.
    View, View, View, beautiful SW facing corner unit with 2 bedrooms, 2 bathrooms, 1010 sf space, overlooking city, ocean and mountains. The unit features an open layout with contemporary design, engineered stone countertop and gourmet kitchen with top of line appliances. Well maintained unit. Proactive Strata. Walking distance to Norma Rose Elementary, U-Hill Secondary and UBC Campus, with easy access to shopping, transit, campus amenities and trails of Pacific Spirit Park. Easy to show. Please call today for your private showing. More details
    Listed by Royal Pacific Realty Corp.
  • 1006 3533 ROSS Drive in Vancouver: University VW Condo for sale (Vancouver West) : MLS®# R2781852

    1006 3533 ROSS Drive University VW Vancouver V6S 0L3
    Main Photo: 1006 3533 ROSS Drive in Vancouver: University VW Condo for sale (Vancouver West)  : MLS®# R2781852
    $1,399,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2781852
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,024 sq. ft.
    Brand new built by Polygon. This spacious NE and South facing unit has amazing mountain + water view! This 2-bed, 2-bath home features a bright open-plan, designer kitchen, premium appliances and A/C. Read a good book on the generous covered deck on a summer day. Enjoy the convenience of an in-building fitness studio, social lounge and a resident manager. The Residence at Novel Park offers convenient everyday living amid an environment of academic excellence. Just steps away is UBC farm and Westbrook Village, a picturesque community with tree-lined streets and an abundance of shops and services. Great elementary and U-Hill secondary schools are just 5 minutes away. Must see to appreciate! Open Houses: Sunday, Oct 8, 2-4p.m More details
    Listed by Royal Pacific Realty Corp.
  • 701 3487 BINNING Road in Vancouver: University VW Condo for sale in "ETON" (Vancouver West) : MLS®# R2789420

    701 3487 BINNING Road University VW Vancouver V6S 0K8
    Main Photo: 701 3487 BINNING Road in Vancouver: University VW Condo for sale in "ETON" (Vancouver West)  : MLS®# R2789420
    $1,398,800
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2789420
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,064 sq. ft.
    UBC - Eton by Polygon, a prestigious park side tower at UBC's Wesbrook Village, steps to Pacific Spirit Regional Park, Westbrook Mall shopping & other facilities. SOUTHWEST facing home with spacious & functional layout features 3 beds & 2 baths, A/C, Bosch appliances, a stylish kitchen and a generous deck. Master Bed is located at the opposite end of the home to maximize privacy, enjoying the convenience of double sinks and a generous walk-in closet in the ensuite. Catchment with top schools: University Bill Elementary and Secondary. Pet and Rental allowed. Fixed Rental term to Aug 2025. Good for investment! More details
    Listed by Luxmore Realty
86-90/153
Data was last updated March 3, 2024 at 11:10 AM (UTC)
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