Ardea River District

Ardea River District is a new residential development by Wesgroup Properties, located at Riverwalk Avenue and Kinross Street in South Vancouver. This project comprises four mid-rise buildings offering a total of 204 condominiums and townhomes, ranging from one to three bedrooms, including select penthouses. Ardea is part of the larger 130-acre master-planned River District community, which is designed to provide residents with access to green spaces, waterfront trails, and essential amenities.

Location and Surroundings

Situated along the Fraser River, Ardea offers proximity to 25 acres of parkland and 1.5 kilometers of riverfront paths. The development is adjacent to the newly established Kinross Park and is steps away from the Fraser Foreshore Trail. Residents will find everyday conveniences within walking distance, including a future elementary school, community centre, and the River District Town Centre, which hosts a variety of shops and services. Metrotown shopping centre is approximately a 15-minute drive away.

Transit Accessibility

Ardea is served by several public transit options. Bus routes along Marine Way and Kerr Street provide connections to nearby SkyTrain stations, facilitating access to various parts of Metro Vancouver. The 80 River District bus route offers service between the River District and Marine Drive Station during peak hours, connecting residents to the Canada Line SkyTrain. Additionally, the 31 River District community shuttle provides access to Metrotown Station. These transit options support car-free commuting and enhance connectivity to the broader region.

Development Features

Ardea’s design emphasizes integration with its natural surroundings. Each building is positioned to maximize views of the river, park, or community. The development includes a two-storey amenity building featuring a hot tub, cold plunge pool, steam and sauna rooms, a dining and kitchen lounge, and a gym. Outdoor common areas offer walking paths, water features, an outdoor dining area with barbecue facilities, and community garden planters.

Parking and Storage

The development provides two levels of underground parking accommodating 198 vehicle stalls, including 41 with EV charging capabilities, 17 visitor spots, and 7 accessible spaces. There are also 409 bicycle parking spaces and 204 storage lockers. Short-term bicycle racks for 16 bikes are available at ground level.

Completion Timeline

Construction of Ardea is currently underway, with completion anticipated in Spring 2028.

Developer Profile

Wesgroup Properties, a family-owned real estate company with over 50 years of experience, is the developer behind Ardea. The architectural design is by Boniface Oleksiuk Politano Architects, a Vancouver-based firm known for creating buildings that connect with their surroundings.

Residences and Floor Plans

Ardea offers a range of housing options, including one-, two-, and three-bedroom condominiums, as well as a limited number of ground-oriented townhomes and penthouses. Layouts are designed to appeal to a broad demographic, from first-time buyers to downsizers. Select residences offer dens or flexible-use spaces.

Each home includes at least one parking space, with two parking spaces included for three-bedroom and larger units. A total of 198 vehicle stalls, including EV charging infrastructure, are provided. Bicycle storage includes 409 long-term stalls and 16 short-term ground-level racks.

Deposit Structure and Pricing

As of now, pricing for Ardea has not been publicly released. The deposit structure varies by unit type:

• 1-bedroom units: $10,000 on signing, followed by 5% in 7 days, and three additional 5% deposits over 24 months (20% total).
• 2- and 3-bedroom units: 15% total deposit with the same staggered schedule, omitting the final 5%.

All units include at least one parking stall. No additional fee is required for parking inclusion.

Comparative Analysis

Compared to other recent developments in the Vancouver real estate market, Ardea is distinguished by its combination of waterfront setting, new park adjacency, and integration into a master-planned community. Few other projects in the region offer direct access to over a kilometer of riverside walking paths, new civic infrastructure, and curated public space.

Whereas developments closer to downtown often trade space for location, Ardea benefits from its riverfront context without sacrificing access to amenities or the broader Metro Vancouver area.