Classic case of “these are the rules, but we won’t bother enforcing them” :lol

That baseboard heater's going to rust out within 5 years at that spot from all the water vapor from flushing and pee splashback.

Most municipalities allow landscaping on City road dedication or statutory RoW's. But they are usually limited to low lying shrubs and planters only. Also, I would assume there is regulation within the City's bylaw to require the property owner to maintain clear visual corner truncation (usually 3x3m or 6x6m) at the intersection.

Unless the whole block complains about it, the City's Bylaw office will probably turn a blinded eye. That said, if there was ever an accident at the intersection, the property owner might run into some liability issue for blocking the intersection sightline.

Anyone know what happened with 3581 E 28TH AVENUE? Listed for $1.3M initially, revised up to $1.4M, then sold for $650K after 18 DOM.

Is this a friend/family type transaction or something?

EDIT: That's quite the listing history. Wonder if there's something atypical about the property.

https://i.imgur.com/4W5Gg3R.png

You'd have to be pretty tight with the buyer to let something go for 800k under ask

Divorce buyout perhaps? A coworker I knew had a house in the area, the address sounds familiar too. Wonder if it was him since I know he separated a couple years ago.

thats what happens when you have too much space and no idea what to do with it

Divorce buyout sounds likely, 650k x2 = 1.3M. They probably listed it to see if that was a fair price, got some interest at 1.3M and bumped it to 1.4M to see if 1.3M was too low. Then got no interest at 1.4M and settled at 1.3M value. Though looking at the dates the number of time it was listed is weird, as is the apparent lack of increase in value over 5 years?

Ah, divorce buyout makes sense.

Looks like the last sold price was $1.1M in 2016, so not a ton of price increase. Maybe it's a function of overpaying a bit in 2016 and $1.3M being slightly low in 2021.

The interior must be in pretty poor/outdated shape, based on how things have gone lately $1.3M seems about right for a teardown in the area.

Assessed at $1,227,200, with the building being worth $30k? Seems wack https://www.bcassessment.ca//Propert...AwMDAwMzBLWQ==

My other guess is investment property owned by 2 people, trying to sell every year and failing before 1 person bought the other 1 out.

Its an older house built in 1948 on a 33x110 lot.
Assessed at $1.227M where the land is worth $1.197M

Looking at all the sold listings near by, they may not have been really motivated at selling. $1.2M to $1.3M seem to be the right price for a tear down.
If it was a divorce sell, not sure why the house would have been listed on MLS.

Didn't realize this has already started selling but, anyone find this Southgate City an interesting development? 46 towers... :pokerface:

Now I'm curious if this is my former coworker. Someone have access to do a title search and PM met with it? :badpokerface:

The ID is protected in my search or else I would :(

Don’t know if anyone else has deeper search that could reveal it

That has always been how assessments are done. Essentially, the value breakdown between land and the building is completely worthless / meaningless. At the end of the day, the only thing that matters in the BC assessment value is the overall number. And then you just use that official assessment value as a reference figure.

Yeah it's not who I thought it was.

It is interesting that after purchasing that house, literally 1 month later it was up for sale and for a good 2 years it was on the market.

Would be curious to find out what the back story was on that house.

Jesus...

2540 Dundas Street
LP - 1.69
SP - 1.94

2553 Dundas Street
LP - 1.69
SP - 2.02

First one on market for 12 days second for 9..

On fucking Dundas..

The FOMO is real.

Hi guys, so after a rollercoaster 2 weeks, I am the prospective owner of a townhouse near SFU Hills! The amount of relief I got from having my offer accepted is immeasurable.

However, before I move in, I would like to do some renovations - mainly kitchen and bathroom. One thing that I am not sure about is the ability to knock down some walls, and whether they are loadbearing or not. Would you guys have a recommendation for engineer or someone qualified that can figure out what I can remove or not?

See the circled areas in what I want to take down if possible.

https://i.imgur.com/p6lRvaS.png

Also this vent hood was a choice, geez.

https://i.imgur.com/B54JMDi.jpg?1

https://dailyhive.com/vancouver/vanc...looding-damage

GG VH owners.

what a trash article from a trash website

final product looks different than concept/vision marketing material? no one promised you shit

But it's not even close to the same quality or size.

https://images.dailyhive.com/2021041...ruction-20.jpg

There is like a 6 foot difference in width between the 2 pictures.

I can get your attitude towards the “what was ‘promised’” and what they got comparisons but the rest of the photos on the absolute fucking garbage quality is inexcusable. We’re talking about a luxury development in a premium location and the prices they were selling for means the owners there have every right to be pissed about the quality they got scammed on.

I can’t even begin to imagine how much their insurance is going to be next year or how much the overall total claims will be done everything is settled.

I'm sure there was a sarcastic undertone to a lot of the photos. The main point is the shit (literally looks like there's shit dripping in the parking lot) quality in workmanship and maintenance for what is suppose to be the cream of the crop development in Vancouver.

Honestly this is a PR nightmare for all the people involved in the project. I look forward to hearing the response from BIG, Westbank and CoV.