Zanyar Farhadi’s Blog
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Vancouver’s Tallest Towers Promise 1,136 Rental Units
Vancouver proposes a high-rise rezoning project near Burrard Street Bridge, promising significant urban transformation. The site spans 1.8 acres, valued at $65.6 million, currently occupied by aging low-rise buildings.
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Vancouver office market feeling the heat as vacancies rise
The office market in Greater Vancouver experienced a vacancy rate increase to 9.8% in Q4, up 1.2 percentage points from the previous year, attributed to uncertain market conditions and companies reassessing office space needs. The downtown core's vacancy rate decreased slightly to 11.2%, but the real rate is closer to 12.9% when accounting for unlisted…
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Vancouver Forecasts ~34K Homes by 2028
Vancouver aims to complete ~34K units by 2028, surpassing the 28,900-unit provincial target. The city’s development pipeline includes 58K units, with ~19K approved and ~14K under construction.
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Here are the top 10 cheapest neighbourhoods to rent in Vancouver
Vancouver remains Canada's third-most-expensive rental market in January 2025, with average rents for one-bedroom units at $2,490 and two-bedroom units at $3,262. West Vancouver leads in high costs, averaging $3,624 for one-bedroom rentals. However, some neighborhoods offer more affordable options. Sunset-Victoria Fraserview has the lowest average rent at $1,976, followed by Marpole at $2,072 and…
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Check out this open house Listing Address: 23936 KANAKA Maple Ridge, British Columbia V2W0H7
NO STRATA FEES, which means NO STRATA RULES for this Executive style Row home, built by award-winning Foxridge Homes. This spacious and bright 4 bdrm plus bonus flex room/office offers a great layout, including a gourmet kitchen with quartz countertops, top-of-the-line stainless steel appliances (replaced in 2021) and deluxe cabinetry. Open concept living with main…
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Vancouver Tops North America in Quality of Life
Vancouver ranks 7th globally for quality of life, leading North American cities in 2024. The city’s quality of life is shaped by its temperate climate, outdoor recreation, and urban amenities.
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Check out my new listing Address: 23936 KANAKA Maple Ridge, British Columbia V2W0H7
NO STRATA FEES, which means NO STRATA RULES for this Executive style Row home, built by award-winning Foxridge Homes. This spacious and bright 4 bdrm plus bonus flex room/office offers a great layout, including a gourmet kitchen with quartz countertops, top-of-the-line stainless steel appliances (replaced in 2021) and deluxe cabinetry. Open concept living with main…
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Huge rent gap between cheapest, most expensive Vancouver neighbourhoods
A new rent report highlights significant disparities in rental costs across Metro Vancouver. It reveals that Vancouver hosts four of the five priciest cities in Canada, with Downtown Vancouver being the most expensive neighborhood at $2,782/month, while Sunset-Victoria Fraserview is the cheapest at $1,976. The average rent for an unfurnished one-bedroom has decreased slightly to…
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Vancouver Condo Market: Buyer’s Window Closing
Vancouver's condo market currently favours buyers, but rising demand could shift conditions by 2026. Limited pre-sale activity and slow construction will lead to a severe condo supply shortage by 2026.
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Vancouver rents dip for second year, report finds
Average rents in Vancouver decreased in December, with a one-bedroom apartment costing $2,512, down 7% from last year, and a two-bedroom unit averaging $3,430, a 6.3% drop. Overall, the average rent across all property types was $2,882, a 6% decline year-over-year. The national average rent was $2,109, marking a 17-month low. Increased supply and weakened…
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