Soaring property values push businesses out of Vancouver’s west side | The Globe and Mail

Soaring property values push businesses out of Vancouver’s west side | The Globe and Mail

Vancouver’s sky-high real estate prices are changing the shape of its retail districts – with pricey neighbourhoods feeling some pain, and formerly neglected pockets of the city getting a boost.

Several long-time businesses on the city’s expensive west side are either closing down or moving as retail strips transform under the pressures of rent and tax increases, redevelopment and a shifting demographic. The shopping strip along West Broadway, in the once-trendy heart of Upper Kitsilano, suddenly has vacant storefronts. Long-time shops are moving or shutting down.

“There is something wrong with West Broadway – an unprecedented number of businesses are closing their doors,” said Marion Jamieson, director of the Upper Kitsilano Residents Association. “I think the kinds of issues we’re facing in the residential areas of gentrification are also having an impact on commercial areas.”

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Macdonald Realty nominated for HGTV’s Ultimate House Hunt 2016

Macdonald Realty nominated for HGTV’s Ultimate House Hunt 2016

It is time for HGTV.com’s Ultimate House Hunt once again!

This year Macdonald Realty is nominated in the Best International Home category for a spectacular Three-Level Penthouse in Vancouver, Canada.  This is the category we won last year for The Sanctuary, a luxury home we listed and sold in Squamish B.C.

spectacular Three-Level Penthouse in Vancouver

SENSATIONAL TROPHY VANCOUVER PENTHOUSE – Atop a 32 storey skyscraper this three level sky mansion sprawls over 6,000 square feet of living space and 1,700 square feet of terraces. Outstanding first impressions from the direct elevator access leading to a grand living room featuring soaring 16 foot ceilings, panoramic English Bay views and a grand curved staircase. Master boasts gas fireplace, large steam shower and a two person jetted tub situated mid room. Main level offers second master suite with fireplace and numerous built-in cabinets. Bespoke chef’s kitchen with 48 inch Décor six burner range, numerous built-in ovens and appliances anchored by huge granite island and access to 700 square foot terrace with fireplace and built-in Viking BBQ. Family room with grand wet bar, air conditioning, concierge and six-car private garage. LP $7,838,000

Macdonald Realty nominated for HGTV luxury home contest

Tour amazing homes across the globe, vote for your favourites, and enter for your chance to win a $10,000 cash prize! And remember you can vote for your favourites once a day. Follow the instructions below to vote for Macdonald Realty’s Nominee for HGTV’s Ultimate House Hunt 2016:

Step 1: Tour the homes in the category.
Step 2: When you’ve found your favorite, click “I’m Ready to Vote.”
Step 3: Choose your favorite by clicking “Vote.”
Step 4: Click “Continue to Next Category” to tour more homes.

Click here to vote.

Vote for HGTV's Ultimate House Hunt 2016

British Columbia Earthquake Preparedness

British Columbia Earthquake Preparedness

earthquake-plates

Vancouver and British Columbia are at a high-risk of having an earthquake. Be prepared, and learn what you can do to keep you, your family, and your home safe.

For your family:

  • Identify objects in your home that could be dangerous during an emergency
  • Plan evacuation routes from every room in your home
  • Pick two meeting places where you and your family can get back together if you get separated – one close to your home, and one a little further away
  • Ask an out-of-province relative or friend to be your family contact person
  • Prepare your emergency kits
  • Teach family members how to turn off utilities, use a fire extinguisher, and call 9-1-1
  • Make arrangements for seniors and family members with special needs
  • Save digital copies of important documents — such as birth certificates and financial records — on a memory stick, or make photocopies of them
  • Think about what you might be able to contribute to your community; sharing a meal, tools, or a phone charger are especially meaningful in the days after an emergency

For your home:

  • Install latches on cupboards
  • Refer to emergency preparedness manuals that are available in bookstores and libraries.
  • Place large and heavy objects on lower shelves
  • Fasten tall furniture to the walls
  • Store breakable items, such as glass jars and china, in low closed cabinets with latches
  • Hang heavy items, such as pictures and mirrors, away from beds, couches, or anywhere people sit
  • Anchor overhead lighting fixtures securely to the ceiling
  • Know the locations of electric fuse or circuit breaker box, water service shut-off, and natural gas main shut-off as you may need to turn them off after the earthquake
  • Purchase earthquake insurance

 

Find more tips at the City of Vancouver website