Advanced Search

$ 0 to $ 0

we found 0 results
Your search results

215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in “KORET LOFTS” (Vancouver East) : MLS®# R2726025

Posted by Aedis Realty on November 28, 2022
| Uncategorized
| 0

Chinatown Overview

Vancouver ChinatownCanada’s largest Chinatown, among the largest in North America, is in the City of Vancouver, British Columbia, in the blocks around Main, Pender, and Keefer Streets with the Gastown and Downtown districts to the west, Downtown Eastside to the north, the residential district of Strathcona to the east, and False Creek to the south. Chinatown remains a popular tourist attraction despite the growth of the newer Chinese immigrant business district in the suburb of Richmond south of Vancouver on Lulu Island in the Fraser River. Many affluent Hong Kong and Taiwan immigrants in Richmond have developed successful Chinese businesses in the area now named Golden Village by the City of Richmond, which once proposed the name “Chinatown” only to encounter strong resistance from the original Chinatown in Vancouver and from non-Chinese Richmond residents and merchants.

Asian Influx

The Greater Vancouver Regional District received large numbers of Asian immigrants during the late 20th Century, primarily Chinese, whose population reached 300,000 by the mid-’90s. More immigrants settled in Richmond than in Vancouver Chinatown for its lower costs of living and closer distance to the Vancouver International Airport. The development of suburban Asian shopping districts with plenty of parking space like Richmond’s Aberdeen Centre, visibly impaired the business heart of historic Chinatown.

Decline

Chinatown businesses today consist mostly of working-class retailers, small groceries, tea shops, and souvenir stores. Some restaurants stand out, but there are no longer so many, and their declining numbers brought less foot traffic and nighttime activity than in former times. The 10-percent Chinatown vacancy rate shows the need for a fresh approach to development to replace businesses that have moved to suburban locations, retired, or simply closed. Redevelopment opportunities are clearly present. Chinatown lease rates from $15–30/square foot are the cheapest in the city, much lower than those in Vancouver’s Downtown shopping district.

The Vancouver Chinatown Business Improvement Area

In the 1990s, the Vancouver Chinatown Merchants Association searched for an effective vehicle for projects to revitalize the area. Gastown and Downtown Vancouver had formed business improvement areas (BIAs) with evident success. With the consent and support of merchants and property owners, the association planned to establish a Chinatown BIA.

After several attempts, the association succeeded in winning the community support necessary establish a Chinatown BIA. The Vancouver Chinatown Business Improvement Area (VCBIA) incorporated in 2000 on a model of BIAs successful in other areas of the city to improve Chinatown’s cleanliness and safety, expand and promote its events, and work with media and external partners to make Chinatown popular and prosperous again. A voluntary board of property owners and tenants manages the VCBIA. The city assists with annual funding through a special property tax like a local improvement levy. Each property’s contribution to the annual BIA budget is according to its proportionate share of the total BIA taxable value.

Information Links:

http://vancouver-chinatown.com
http://vancouver.ca/home-property-development/chinatown-revitalization.aspx

Redevelopment Prospects

A new Chinatown business plan now encourages entrepreneurs to move in to rehabilitate storefronts, attract a young crowd, and make visitors more comfortable. Attracted by low rents and heritage buildings, new businesses have moved in with owners in apartments above the shops. Chinatown’s priority now is to attract people of all backgrounds in the belief that non-traditional stores will bring a new flow of energy and income. Commercial activity is increasingly diverse with vintage stores, two art galleries, bars, and now a nightclub at the location of the former Ming’s restaurant, an attempt to bring back some of the nightlife atmosphere of the 1950s and ’60s. The diversity of new shops and businesses has created a new Chinatown image of vibrancy to compete with suburban districts and complement nearby Gastown and Downtown Vancouver.

New Chinatown Live MLS Listings

Forgot password Extend Verify Contact

215 55 E CORDOVA Street
Downtown VE Vancouver V6A 0A5

$995,000
Residential Attached beds: 1 baths: 1.0 928 sq. ft. built: 2006

Main Photo: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
Photo 1: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
Photo 2: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
Photo 3: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
Photo 4: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
Photo 5: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
Photo 6: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
Photo 7: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
Photo 8: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
Photo 9: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
Photo 10: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
Photo 11: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
Photo 12: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
Photo 13: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
Photo 14: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
Photo 15: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
Photo 16: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
Status:
Active
Prop. Type:
Residential Attached
MLS® Num:
R2726025
Bedrooms:
1
Bathrooms:
1
Year Built:
2006
Work Loft space in Historic Gastown.cFeely"Built in 1908 and originally named "McLellan and McFeely" b uilding.The Epitome of Manhattan living.This suite features 11' high ceilings, polished concrete flrs. European modular industrial style stainless steel kitchen with AEG oven, gas cooktop, Bosch d/w & LG fridge, walk-through shower. Duravit tub and Porcher sink. A glass partition wall has been added to provide privacy for your large bedroom. other upgrades include a walk-in closet.Immediate possession is 2 pets allowed, rental restriction 7 days min furnished or 1 yr non-furnished. ALSO AVAILABLE FOR SALE IS NEXT DOOR #214 SO COMBINE THE 2 SUITS! WHAT AN AMAZING PROJECT THAT WOULD BE.(APPROX 2000 SQ FT)
Property Type:
Residential Attached
Dwelling Type:
Apartment/Condo
Home Style:
Year built:
2006 (Age: 16)
Total area:
928 sq. ft.
Total Floor Area:
928 sq. ft.
Total unfinished area:
Main Floor Area:
928 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:
1 (Above Grd: 1)
Bathrooms:
1.0 (Full:1/Half:0)
Kitchens:
Rooms:
Num Storeys:
6
Taxes:
$2,057.65 / 2022
Lot Area:
0 sq. ft.
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Pad Rental:
# or % of Rentals Allowed:
# or %:
Water Supply:
Plan:
BCS2025
Total Units in Strata:
Heating:
Construction:
Foundation:
Basement:
None
Full Height:
Crawl Height:
Roof:
Floor Finish:
Fireplace Details:
Parking:
Parking Total/Covered:
0 / 0
Parking Access:
Driveway:
Exterior Finish:
Title to Land:
Freehold Strata
Flood Plain:
Suite:
Floor
Type
Size
Other
Main
Main
Main
Main
Main
Main
Floor
Ensuite
Pieces
Other
Main
$541.10
Clothes Washer/Dryer/Fridge/Stove/DW, Garage Door Opener
Central Location, Gated Complex, Marina Nearby, Shopping Nearby
Bike Room, Elevator, In Suite Laundry, Concierge
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: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
    Photo 1 of 16
  • Photo 2: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
    Photo 2 of 16
  • Photo 3: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
    Photo 3 of 16
  • Photo 4: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
    Photo 4 of 16
  • Photo 5: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
    Photo 5 of 16
  • Photo 6: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
    Photo 6 of 16
  • Photo 7: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
    Photo 7 of 16
  • Photo 8: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
    Photo 8 of 16
  • Photo 9: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
    Photo 9 of 16
  • Photo 10: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
    Photo 10 of 16
  • Photo 11: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
    Photo 11 of 16
  • Photo 12: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
    Photo 12 of 16
  • Photo 13: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
    Photo 13 of 16
  • Photo 14: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
    Photo 14 of 16
  • Photo 15: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
    Photo 15 of 16
  • Photo 16: 215 55 E CORDOVA Street in Vancouver: Downtown VE Condo for sale in "KORET LOFTS" (Vancouver East)  : MLS®# R2726025
    Photo 16 of 16
Listed by Royal LePage Sussex
Data was last updated November 29, 2022 at 03:10 AM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$971,500
Min list price:
$429,999
Max list price:
$2,250,000
Avg days on market:
51
Min days on market:
3
Max days on market:
141
Avg price per sq.ft.:
$924.65
These statistics are generated based on the current listing's property type and located in Downtown VE. Average values are derived using median calculations.
To access this information,
please create a free account

powered by myRealPage.com
  • Contact Us Today!

      Your Name (required)

      Your Email (required)

      Phone Number

      Your Message

    Compare Listings