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UBC Endowment Lands [p.4]

Posted by Aedis Realty on December 8, 2022
| Uncategorized
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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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16-20/168
  • 4686 W 2ND Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2709788

    4686 W 2ND Avenue Point Grey Vancouver V6R 1L1
    Main Photo: 4686 W 2ND Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2709788
    • Photo 1: 4686 W 2ND Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2709788
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    • Photo 23: 4686 W 2ND Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2709788
    • Photo 24: 4686 W 2ND Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2709788
    $11,950,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2709788
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    4,906 sq. ft.
    ENGLISH BAY VIEWS! Historic 1912 "Fahrni Residence" log home in Vancouver's premiere Point Grey neighbourhood. For over 50 years this property has been the meeting place for some of BC's finest artists and entrepreneurs under the stewardship of Jean Fahrni. It is now time for this residence to find a new owner, and enjoy the pedigree of its heritage. Unbelievably unique offering of a 4,500 SQFT 6 bedroom log home across from Westmount Park, with English Bay views. 3 legal 33X168.2 lots create a 16,671 SQFT opportunity. Restore, redevelop, expand, or densify, the opportunities are endless. Please do not disturb residents or walk on the property without an appointment. More details
    Listed by Sotheby's International Realty Canada
  • 4677 SIMPSON Avenue in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2731161

    4677 SIMPSON Avenue Point Grey Vancouver V6R 1C2
    Main Photo: 4677 SIMPSON Avenue in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2731161
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    $11,880,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2731161
    Bedrooms:
    5
    Bathrooms:
    5
    Floor Area:
    4,191 sq. ft.
    Showcasing sweeping, panoramic views of Downtown, beach & North Shore mountain. When you enter inside, the open-concept plan kitchen, dining, and living areas with large-scale, continuous windows showcasing dramatic downtown & mountain views. Expansive formal living rm direct access to the backyard, easy flow for indoor-outdoor entertaining. Upstairs 3 bdrms; The master suite with oversized windows and a recessed door opens to the balcony full of amazing views. 2 additional bedrooms & recreation rm on the basement offer a wonderful flexibility. Just one block from Locarno Beach. Located near UBC, Kitsilano, and dining and shopping on W 4th Ave. it is A+ location and easy city amenities abound. Open house: Nov 13, 2-330pm. More details
    Listed by Dracco Pacific Realty
  • 4786 DRUMMOND Drive in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2737536

    4786 DRUMMOND Drive Point Grey Vancouver V6T 1B4
    Main Photo: 4786 DRUMMOND Drive in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2737536
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    $10,880,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2737536
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    4,680 sq. ft.
    Build your dream home on this prime 38,200 Sqft /.88 Acre property in the heart of Point Grey. The value is mainly in the land with 100 Ft. of frontage and a south facing backyard. This rare property offers potential water & mountain views! Located on coveted Drummond Drive, this location is in the top school catchments and close to prominent private school, UBC campus, private/public golf courses, Jericho Park and Locarno Beach. More details
    Listed by RE/MAX Real Estate Services
  • 4548 NW MARINE Drive in Vancouver: Point Grey House for sale (Vancouver West) : MLS®# R2724382

    4548 NW MARINE Drive Point Grey Vancouver V6R 1B8
    Main Photo: 4548 NW MARINE Drive in Vancouver: Point Grey House for sale (Vancouver West)  : MLS®# R2724382
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    $10,800,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2724382
    Bedrooms:
    4
    Bathrooms:
    5
    Floor Area:
    3,294 sq. ft.
    PANORAMIC WATER AND MOUNTAIN VIEWS IN PRIME POINT GREY. This brilliantly designed 4 bedroom, 3 level contemporary home across from Locarno Beach was completely redesigned by EVOKE DESIGN and extensively rebuilt in 2017 as new. Experience a wonderful indoor outdoor lifestyle together with an impeccable choice of quality materials including floor to ceiling windows and fold away glass doors leading to a private garden terrace with pool and beautiful landscape at the rear of the property and oceanside terrace overlooking the beach. Additional features include: a sensational modern kitchen, stunning principal bedroom suite, Control 4 automation, floating stairs, radiant heating, metal roof and so much more. This is a truly timeless masterpiece in one of Vancouver’s most prized locations. More details
    Listed by Angell, Hasman & Associates (Malcolm Hasman) Realty Ltd.
  • 1425 ACADIA Road in Vancouver: University VW House for sale (Vancouver West) : MLS®# R2704595

    1425 ACADIA Road University VW Vancouver V6T 2B6
    Main Photo: 1425 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2704595
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    • Photo 40: 1425 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2704595
    $9,980,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2704595
    Bedrooms:
    6
    Bathrooms:
    8
    Floor Area:
    10,652 sq. ft.
    This magnificent mansion w/circular gated driveway is situated on a 120 x 170 corner lot at UBC. Top quality and workmanship offers over 10,000 sq ft of luxurious and elegant living. Total 6 large bedrooms and 8 bathroom with wonderful water & mtn views. Gracious & formal DR, eating area, gourmet kitchen, granite counter & island, subzero fridge. Large family room & 4 ensuite bedrooms on main floor. Lower level with entertainment centre, Rec rm w/31 x 44'9 indoor pool, hot tub & sauna. Quality Italian double cooper doors, 8 sep zoned air condition, slab marble floor/counters/wall/seating/tables. Lalique crystal chandelier + wall light fixtures & more. More details
    Listed by Luxmore Realty
16-20/168
Data was last updated December 8, 2022 at 11:10 PM (UTC)
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