Excellent penthouse in The Max. Wonderful view of the False Creek, City, and the Northshore Mountains and Water. This residence counts with 2 bedrooms and 1 bathroom and has plenty of space for guests. This open space concept residence is truly unique.
For today’s blog, we will continue to look into all the opportunities the neighbourhood of Yaletown offers in the residential field. Yaletown’s Real Estate market is rapidly changing, as it is one of the busiest areas right at the core of the city of Vancouver. Listings sell very quickly in such an exclusive part of town.
Living in Vancouver has many advantages – One of the charming ones is the busy city life that surrounds you. Living in a Loft will let you spectate this incredible city life from the heights. Lofts are usually at the top of most constructions, which grant residents of incredible and contemplating views. Without further ado – Let’s look at what Lofts are available in this area of Vancouver right now. Don’t let the fantastic opportunity to invest in Yaletown Lofts escape!
Lofts for Sale in Yaletown
According to the MLS® [01/08/2018], there is currently 1 exclusive Loft for sale in Yaletown, listed for $1,799,000. This is a unique opportunity to live in an exceptional place- right at the core of the busy and fabulous Vancouver
This lovely and spacious Loft / Sub-Penthouse is an exclusive and fantastic living space located in “Metropolis” at Yaletown. It was just renovated in 2016, all details taken care of. All fixtures and appliances are of the highest quality. Arched Ceilings and high windows give fantastic natural light and incredible views of Downtown Vancouver, the mountains, and ocean. What are you waiting for? Get this incredible opportunity!
On today’s entry, we shall continue and further exploring all the opportunities Yaletown offers on its residential section. Being part of the central core of Downtown Vancouver, Yaletown’s Real Estate market is rapidly changing. Listings fly off very fast in such an exclusive part of town.
If you missed our previous entries, we talked about what makes this area of Vancouver so special, and the Townhomes available for sale in this part of the city. Now, we will be venturing into the incredible condo market in this area.
Without further ado – Let’s look at what condos are available right now. Don’t let these fantastic opportunities escape!
Condos for Sale in Yaletown
According to the MLS® [01/02/2018], there are currently 78 Condos for sale in this area, ranging from $639,000 to $8,888,000. Here are some of the most amazing Condo listings under $700,000:
In one of our previous entries, we toured the magnificent Yaletown neighbourhood in the core of Vancouver. Today we will explore some of the residential opportunities it offers, and in following entries we will adventure further into those.
For now, we will be talking about the Townhomes for sale in Yaletown. In such a busy and active city as Vancouver, residential opportunities are sometimes limited. Yaletown, being one of the main cores of Downtown Vancouver, is no exception to this. This area of the city is populated by magnificent condo buildings and townhome complexes, and due to the high demand, they fly very fast!
Get ready to see some of the most exclusive residences in Vancouver in one of the most wonderful neighbourhoods in the entire city-
Townhomes for sale in Yaletown, Vancouver
According to the MLS [12/20/2017], there are 12 Townhomes for sale in Yaletown. Here we list some of the most recent ones, all under $1,900,000:
3 bedrooms, 3 bathrooms in this 3-storeys lovely designed townhome. Bright and spacious residence in Yaletown Park 1. Enjoy all of the conveniences that come with living in Yaletown in this fantastic Townhome!
Yaletown is the renowned historical neighbourhood in Downtown Vancouver. This area of the city is quite popular as it is seen as a shopping core. Combining historic figures with the dynamic and sophisticated spirit that Vancouver is known for. The array of boutique shops, local restaurants, events, hot spots, and the never ending activities. Those are just some of the awesome experiences residents of Yaletown have.
Walk a few minutes to your favourite store, concert, or event
This fantastic neighbourhood is surrounded by the False Creek, and its edges are adjacent to Robson Street and Homer Street.
BigTime, Contemporary Art Gallery, Dwell Living, BC Liquor Store, Blush Bridal, Active Shiatsu and Skin care, BONN Chiropractic Wellness, Cocoa Tanning, Italinteriors BC, Urban Fare, Brooklyn Clothing Company, 7-Eleven, Farzad’s Barbershop, Exposure, Fine Finds Boutique, Kosmic Scissors, Barber & Co, Frilly Lilly, Global Atomic Designs, Goorin Brothers Hat Shop, Hollywood Boutique, Karma, Mavi, Queen of Luxury Boutique, are just some of the top convenient and amazing establishments that can be found in the active Yaletown.
You will find fantastic condominium buildings that offer residential opportunities in this community. This area of the city has a residence according to everyone’s necessities, wants, and budget. From humble condominiums for bachelors, to top-luxury spacious penthouses.
All condominium buildings and townhomes developments in this part of town are situated incredibly near most stores that make Yaletown such a convenient neighbourhood. Some Buildings have retail spaces on the first floor as well. This neighbourhood counts with an incredible transit system and urban planning. Reaching any destination near Yaletown and beyond is extremely easy, even by just walking! ToLearn more about Yaletown, visit its Wikipedia page.
According to the MLS [2017-12-18], there are currently 119 Available listings in this neighbourhood. Prices range from $449,000 to $11,888,900
Choosing Art for your Vancouver Home can be an exciting adventure and a source of enjoyment for many years to come. Keys to success are figuring out what kind of art you like, how it will fit in with the rest of your interior design plans, and how to exhibit the art to the best effect in your home.
The location of the artwork can also be a deciding factor. In a bedroom it’s appropriate for art to be calming, or even seductive, but in a dining room you can afford to be bolder and more dramatic. If you intend to relax in your living room, don’t choose art that’s too loud, or anything that feels as though it takes over the room. The purpose of the room where you intend to display your art should influence the tone of the artwork itself.
Deciding on what kind of art you like
If you regularly visit galleries, home ware stores or museums, you probably already have a good sense of what kind of art appeals to you. If not, there are many opportunities to browse art within your area by visiting local galleries and art fairs.
The Internet provides the largest variety and depth of fine art available worldwide. One advantage of using the Internet is that you can search for the specific kind of art, not just wall art, whether it’s photography, impressionism, bronze sculpture, or abstract painting. And when you find one art site, you’ll usually find many, many more.
Should the art suit the room or the room suit the art?
When choosing Art for your Vancouver Home, any artist would prefer that everyone buy the art they love and then find a place to put it. If you feel strongly about a particular work of art, this is certainly the way to go. But you may find that when you get the art home and place it on a wall, it doesn’t work with its surroundings. ‘Not working’ means that the art looks out of place in the room. Placing art in the wrong surroundings can diminish its beauty and impact.
If you can’t find a place where the art looks its best, you may need to make some changes in the room, such as moving furniture or taking down patterned wallpaper and repainting in a neutral colour. The changes will be worth making in order to enjoy the art you love.
The right lighting is the key to showing art at its best. You may find that placing a picture light above a painting or directing task lighting on it is all the art needs to exhibit its brilliance. If you place a work of art in direct sunlight, however, it may well fade. Pigments such as watercolour, pencil and pastel are especially prone to fading, whereas acrylics are not.
How to choose art to suit the room
You may prefer to create the look of the room first and then find the art to suit your décor. Size and colour are the two major criteria for selecting art to fit its surroundings. For any particular space, art that is too large will overwhelm and art that is too small will be lost and look out of proportion.
The bolder the art, the more room it needs to breathe. Larger canvas artwork can look stunning in a large, spacious conversion, whereas collections of smaller pictures work well in smaller cottage locations.
When selecting a painting to match colour, select one or two of the boldest colours in your room and look for art that includes those elements. You’re not looking for an exact match. Picking up one or two of the same colours will send a message that the painting belongs in this environment.
How to frame and hang your artwork
Some canvas artwork can be hung with no frame and can be a good solution for interior walls that can’t carry a great deal of weight. Landlords and developers often use this option in show homes and in rental properties for this reason. If you do select a frame, tie it in to the location where the artwork is to be hung, as well as in to the artwork itself. The frame should be a continuation of the picture rather than a contrast.
Style is another consideration when selecting a frame for your art. If you have contemporary furniture in large rooms with high ceilings, you’ll want to hang large, contemporary paintings. If your house is filled with antiques, for example, you’ll want to use antique style frames on the paintings you hang there.
As a rule, paintings should be hung so that the centre of the painting is at eye level and hung the right way up. On abstract pieces this can be confusing. Check for a signature (usually bottom right) or with the gallery you bought it from.
How to create an art-friendly room
When you walk into a gallery or museum, what do they all have in common? White walls and plenty of light. Simple, plain and neutral colour schemes work best to show off your art.
When choosing Art for your Vancouver Home you want to make art the centre attraction, play down the other elements of the room such as window coverings, carpeting, wall coverings, and even furniture. A room crowded with other colours, textures and objects will take the spotlight away from the art.
You may like to select one room in your house to focus on art. Paint the walls white or off-white. Lay hardwood floors or a neutral carpet. Install window coverings with clean simple lines and neutral colours (or no window coverings at all). Put up directional spot lights that can be adjusted to focus on the art, or use individual picture lighting for each piece.
For the furniture, follow the principle that less is more. This is not the room to display your collectibles. Let the art be the star. Then relax and enjoy it.
Stewart Stephenson burst onto the Vancouver art scene in 2011, quickly becoming one of Canada’s best-selling artists. A pioneering self-taught artist, he specializes in large-scale abstract artwork known widely for their unique compositions, vibrant colors and flawless gloss finishes. His paintings can be found in private and corporate collections around the world. Working intuitively with no prior sketch work, Stewart’s paintings are expressive and bold. Strong, powerful brush strokes, fine lines and complex compositions highlight Stewart’s versatility as an artist. His recent collections explore themes of celebrity, social and media culture. His large-scale high – end paintings showcase an original finish, both matte and high-gloss, revealing rich textures, colour combinations and impressive dimensions. The subject matter ranges from abstract to figurative.
I recently sat down to speak with Stewart in his Yaletown Studio at 1063 Hamilton Street. He is currently opening another studio in Pioneer Square in Seattle with plans to open another studio in Beverly Hills, LA, later this year.
“I set out to create artwork which visually established a positive relationship with the viewer without relating to social commentary or significant connotations. However, as my portfolio developed I began to notice patterns that evolved unknowingly. People today, are bombarded with news and advertisements, tweets and posts; I began to see my unconscious reacting to these elements of daily life. The effects take shape as either a complete detachment into another world full of bright colours, radiating gestures and open space or an amalgamation of deconstructed figures, bold strokes and hidden symbols depicting a detailed yet all encompassing story. I feel my work showcases and explores the human emotion and our ever-changing capacity to adapt to the fast-paced and content filled life that we find ourselves in today.”
Custom commissioned artwork is often envisioned, created and ready to ship or install within 30 days from the date of order. All artwork is hand signed and is accompanied by a certificate of authenticity. Prices range between $10,000 to $100,000 with the average large canvas in the $30,000 to $40,000 range.
When choosing Art for your Vancouver Home, be sure to visit one of Vancouver’s leading galleries, the Equinox Gallery is a contemporary art gallery with both Canadian and international artists. Having been around for 36 plus years, they are widely reputed nationally and abroad. With an impressive roster of artists including Liz Magor, Gordon Smith and Philippe Raphanel, they have also carried the works of more established artists like David Hockney, Roy Lichtenstein and Jean-Paul Riopelle.
Equinox represents approximately twenty artists. Large canvas prices can range between $12,000 to $90,000.
Renee Van Halm
Equinox continues to maintain a solid reputation in the art world, with collectors, critics, artists and art enthusiasts. The space is open, clean and malleable; and the exhibitions are consistently fresh and interesting.
Gastown is a well-loved centre of activity in the downtown core with over a century of history that goes back to the early days of settlement in Vancouver. The city’s oldest neighbourhood shows remarkably preserved evidence of the essence and inception of Vancouver’s prolific urban revolution.
Bordering the train tracks that established this area and beyond, the magnificent Burrard Inlet and mountain-scape, Gastown is a unique residential and retail area spanning a handful of blocks East to Main and West to magnificent Canada Place into the new eye-catching architecture that pulls you into the modern world. Find a hub of unique eateries and dining experiences from pubs to elite lounges as well as street side food trucks and seaside restaurants with expansive mountain and ocean views.
Close to everything and within walking distance of most of downtown, feel the pulse of the city right outside your door. Partake in the bustling evening energy as Gastown fills up for fun, lively entertainment and stylish dance clubs.
Inhale the fresh sea air and hear the melodic sounds of seagulls from your windows, while all your needs are met in a fashionable way just by walking down the street. Cozy but elegant floor plans allow for breathtaking views reverberating the heightened energy of the city.
Here, heritage loft conversions feature some of the most unique architectural elements of downtown living. Clustered primarily along Water Street, Powell Street and Alexander Street in Gastown, Beatty Street in Crosstown, and Mainland and Hamilton Streets in Yaletown.
Lofts often include refurbished detailed brick facades, wood casement windows, carved sandstone capitols, original maple hardwood floors, exposed brick and concrete, high 8’9″ and 11′ ceiling heights, honed granite and stone counters, all these items make up one of my personal favourite real estate products. But you don’t have to occupy to benefit from these fabulous living spaces & neighbourhoods.
Lofts provide a sound investment for discerning investors with the potential to readily achieve positive cash flow with superior rental income and asset appreciation. Buyers have to be very sharp to capture the most attractive listings as many of the desirable units sell in a matter of days and more often than not – over the asking price.
Typical rental rates are < $3 per square foot with a slight premium for furnished suites, parking, communal amenities or some utilities. Buying costs can run anywhere in the region of $625 per sf to around $800 per sf. After factoring in your purchase price, strata fees, insurance, property taxes & a few minor maintenance repairs – there are still opportunities to generate positive cash flow – especially with a larger down payment to reduce mortgage costs. Many of the heritage conversions were completed in the last 10-12 years and are managed well by progressive strata companies.
1) Loft on Powell Street sold in October for $26,000 over asking after just 8 days on the market.
2) Beatty Street loft sold in September after one day on the market $7,100 over asking.
1) Beatty Loft leased in October at approximately $3.25 per square foot includes furniture with no parking and no utilities.
2) Gastown loft leased this week at just below $3.00 per square foot – no parking or utilities.
If you are interested in learning more about current loft listings in Gastown, Crosstown or Yaletown – either for living or investment – give me call at 604 612 6392