Millennium Line

The SkyTrain Living Lifestyle – Four Factors That Make SkyTrain Living Unbeatable

The average rent for a one bedroom in Vancouver as per the Canadian Mortgage and Housing Corporation (CMHC) this month was pegged at $1750.00. That is a lot of money, and we hope you’re getting at least that! If you have an investment property and it’s already getting that it could be down to a couple of the following contributing factors. In this blog, we will outline four factors that contribute to why people pay more to live The SkyTrain Living Lifestyle.

What is the SkyTrain Living Lifestyle?

First of, if you are on this site, you believe in the power of purchasing property near the Sky Train but you do not understand why people want to live close to the system? Let’s outline four factors that we believe contribute to this trend:

 

Walkability

Houses, Townhouses, and Apartments whether in newer buildings or older buildings will always have the highest Walk Score when located within Rapid Transit corridors. What is a Walk Score and why does it matter? It is a number that uses an algorithm that incorporates the subject property address, and it’s proximity to restaurants, grocery stores, bars, transit, and other services. The equation produces a “Walk Score” out of 100. 100 being highly walkable or a “Walkers Paradise” and 0 being, well, the worst. Important because the higher the Walk Score, the more tenants will want to rent or buy your property for not only the transit factor but also the walkability one.

The Car-Free Lifestyle

This new lifestyle trend that s touted by the Municipal governments, environmentalists and health nuts alike is a growing trend that you can catch through savvy investing and marketing. This trend is seeing many people give up the gridlock in favour for bicycling, transit, and car shares. If this trend continues – it’s showing no signs of slowing down – anyone who has invested in Sky Train condos will not only see their property values grow faster, but they’ll also see the greatest rise in rental rates combined with a low vacancy rate.

Young People Are Not Driving

Yes, this is a thing! In the Metro Vancouver, there is a growing trend of 16-20-year-olds not getting their driving licences. That means in the next five to ten years these individuals will be your tenants and they will not have cars! They want to be close to the Sky Train so they can get where they need to go without the expense of car ownership. Much like the internet, this is the growing trend, and if you’re not investing in Real Estate with this trend in mind you are making a mistake.

Traffic in Metro Vancouver is the Worst

Not going into detail on this one but we just replaced our horn.

Do you agree with this post? You see all the trends that we have pointed out?! Well then, fill out a contact form, join our mailing list, or give one of our specialists a call and we will get working on finding the ideal property. Ensuring you will get one with a high Walk Score, takes advantage of the Car-Free Lifestyle movement, and prepares your Real Estate Investment portfolio for the new tenant entering the rental marketplace.

For properties or Presales close to Rapid Transit email ac.odnocniartyksobfsctd@ofni and check out some of the Coming Soon projects below.

 

Check out The Henry, a New Development located on the Canada Line.

HENRY – Pricing, Floor Plans

 

Sun Towers, Located on the Expo Line in Burnaby South.

SUN TOWERS METROTOWN

 

SUN TOWERS METROTOWN

Metrotown's Tallest Buuilding

 

Please email ac.odnocniartyksobfsctd@ofni to receive the following:

 

  • Pricing & floor plans package

  • First option to purchase

  • First selection of homes

  • Schedule a private appointment

  • Schedule an on site orientation appointment

  • Deposit structure details

  • Estimated completion date

  • Info on projects similar to this

 

For general inquires, please register on this page and see below:

 

Welcome to Sun Towers

 

Sun Towers: Metrotown Skytrain Condos

Sun Towers and everything Metrotown has to offer

Sun Towers by Belford Properties is coming to Metrotown! This new development is a mixed-use comprehensive building containing two residential high-rise towers.  Also included will be a commercial podium. The commercial podium will comprise of retail and office spaces.

 

 

Belford Properties: Community. Craftsmanship. Security.

Belford properties are a reputable Vancouver developer who has brought us other very well-known developments.  Recently bringing us Churchill Townhomes and also coming soon in Burquitlam will be the Belford Burquitlam. We can expect an attention to detail including high end modern finishings through out this development.  For a list of finishings and feature sheets email ac.odnocniartyksobfsctd@ofni

New Presale developments in Metrotown and Burnaby

If you are interested in this neighbourhood, you may also be interested in these projects. Imperial Metrotown, Gold House South Tower, Gold House North Tower, Station Square, Concord Brentwood, Solo District and The Amazing Brentwood.

 

For more information on Sun Towers, check out our blog:

Metrotown’s Sun Towers Coming Soon

Other Presales Similar to Sun Towers Coming Soon

CONCORD BRENTWOOD

SOLO DISTRICT

The City of Lougheed: PHASE II

TRIOMPHE: TRANQUIL BRENTWOOD LUXURY NOW SELLING

Millennium Developments brings Luxury, Elegance, and forward thinking to their new three hundred and forty unit, forty-six story project: Triomphe. Located on a prestigious corner in the heart of Brentwood, this development offers proximity to Brentwood Centre but just enough distance to not get caught up in the hustle and bustle of the new Master Planned community. Triomphe aims to not only exceed your expectations but blow them away through a luxurious offering that includes: wide planked hardwood floors, Quartz counter tops, Bosch Appliances, European style cabinetry, over-sized tile in the bathrooms and much more.

With over 50% of units in this development already sold, it is easy to see why when looking at some of the rendering drawings by Architect Chris Dikeakos and interiors designed by Mitchell Freeland. A lot of time and energy was spent on making this development luxurious and welcoming. Starting with the forty foot ceilinged lobby, residents will be welcomed by twenty-four-hour concierge service and will proceed to their homes (which start on the fourth floor of the development) through one of the high-speed elevators.

The units themselves strive to bring luxury to Burnaby with the additions of must have features as outlined above. Units in the development feature open concept kitchens with Quartz Counter tops, soft close European Cabinetry, and Bosch Appliances. The fridge and dishwasher are tastefully hid behind custom cabinetry that brings flow and symmetry to the unit. The LED lighting within the kitchen is dimmable, allowing you set the right environment to construct your dishes and eventually consume your hard work. Giving you timeless elegance that is always in good taste and will never go out of style.

Bathrooms within this Development are designed with the art of grooming in mind. With marble inspired over-sized porcelain tile floors and walls, European-style vanity cabinetry, and modern basins. Every element in this development is thoughtfully designed to engulf residents in luxury and elegance. Master bathrooms feature a deluxe rain shower with a handheld shower that makes shower time less of a chore and more of an indulgence. This development will actually have you looking forward to getting up in the morning so you can get ready.

The amenities within Triomphe Pavilion are of the same calibre of the unit finishings: luxurious, elegant, and well designed. Residents will have access to 14,000 Square feet of amenity space which includes a gym, social centre, business centre/library, bbq area, gender separated steam rooms, yoga/dance studio, outdoor hot tub and pool. Additional to the Pavilion is four electric vehicles which are available for residents to use.

Units are over 50% sold in the building so contact your SkyTrain Condo pre-sale specialists so you can get your piece of this great development which is sure to be one of the most sought after buildings for years to come.

 

For Triomphe project details, check out:

 

TRIOMPHE by Millennium

Changes are coming to Vancouver’s Rapid Transit System

On September 19, 2016, Translink CEO Kevin Desmond announced that changes are coming to Vancouver’s Rapid Transit system. Users of the network will see these changes coming to effect on October 22 as part of a test to prepare for the opening of the new Evergreen Extension.

Here is a bullet point summary of how these changes will affect the Expo and Millennium Lines:

The Expo Line:

  • Implementation of two routes:
    • First one travelling between Waterfront (Downtown Vancouver) and King George Station (Surrey).
    • Second one travelling between Waterfront (Downtown Vancouver) and Production Way-University in Burnaby

The Millennium Line:

  • No longer travelling to Waterfront Station. It will go between VCC-Clark station in Vancouver to Lougheed Town Centre in Burnaby.
  • Commercial Broadway
  • Lougheed Station (NOTE: MAKE SURE TO READ THE SIGN ON THE TRAIN AND/OR ON THE NOTICE BOARD! YOU COULD END UP ON THE WRONG TRAIN AS THEY ARE ARRIVING ON THE SAME PLATFORM)
  • Production Way-University

There will also be some changes once the Evergreen Line comes into operation which will affect the Millennium Line. The Millennium Line will now operate between VCC-Clark and Lafarge Lake – Douglas stations. Meaning that you will have the ability to enjoy a “one-seat” ride between Lafarge Lake – Douglas and VCC-Clark so you’ll have plenty of time to browse the internet, keep on to date on the market, and get some much-needed work done.

 

If you are concerned about these changes and are unsure of how it will affect your daily commute. Translink has provided a Trip Planner on their website that takes into the account and will show you how your daily commute is affected. You can log to http://tripplanning.translink.ca/ to see how your daily commute is affected.

 

You can see a map of the current plan and the new one by clicking on to this link: http://www.translink.ca/skytrainchanges

 

If you are unhappy with these changes and would like to speak out or you just have a better idea. You can contact Translink through these coordinates: http://www.translink.ca/en/Customer-Service.aspx

 

In the meantime, if owning a home near in one of Greater Vancouver’s Rapid Transit Corridors is on your list of things to do. Please fill out a contact form and one of our representatives will contact you to get you on your way to home ownership in one of Vancouver’s fastest growing areas for property ownership.