Before you buy a house or condo, it is a great idea to investigate the neighbourhood, not just for what is currently in the area but what might be there in the FUTURE.
When you drive around Vancouver, especially on the arterial roads, you can see For Sale Signs on several houses in a row that say Land Assembly. That is an indication of a change in zoning from single family homes to mulit-family homes, which could be anything from low rise townhouses like you see on Oak Street to potential 12 plus storey towers on Broadway.
For example, if you are looking at homes on East 8th or East 10th (Broadway is 9th Avenue) make sure you investigate what the zoning is and what it could potentially be built along that stretch of Broadway. Call the City of Vancouver for details, and ask your realtor as well to see how your view might change or the density/traffic change in a way that affects your enjoyment and possible future value of the home.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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