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Receive more information about Pure
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cannot interfere. If you choose to work with our area specialist instead, please click “NO” and continue with the request form. Change answer to "No" I am not working with a realtor
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Pure MLS® Listings
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Building Info
Pure - 203 West 49th Avenue, Vancouver, BC, Canada. Nearest crossroads are W 39th Avenue and Columbia St. Consist of 92 units and 5 stories with the estimated completion on 2024. Pure is a new condo and townhouse development by Lavern Developments. Designed by CHIL Interior Design. Marketing company by rareEarth Marketing.
The natural and urban amenities right outside your doors are some of the finest in the city, including the new Oakridge Centre, Langara College, Langara Golf Course, and the magnificent Queen Elizabeth Park. Ideally located close to SkyTrain.
Vancouver council open to increasing slots, table games at existing casinos
Vancouver city council voted this week to allow for applications to increase the number of slot machines and tables at the city’s two casinos, on the condition they be accompanied by an assessment of their social and economic impacts.
The request to amend the city’s 2011 gambling moratorium was made by the B.C. Lottery Corp., which told council the city’s population has increased 22 per cent in the past decade and that the amendment is a first step to allow BCLC to look at ways of expanding its two existing facilities — the Parq casino in Yaletown and Hastings Racecourse in East Vancouver — rather than building more casinos.
The city has contributed more than $172 million to non-market housing in the form of land
The City of Burnaby has a total of 1,040 non-market housing units, including rentals and co-ops, just built or in development on its land, according to a new city report, and there’s more on the way.
The city lands program for non-market housing, which was adopted in 2015, leases city-owned lands at a nominal rate to non-profit housing providers through a public request for proposals (RFP) process.
The city has contributed about $172.44 million as part of the program, including land, grants and on-and-off-site works, according to the report which accounts for 11 projects that recently completed or were in progress as of March 2024.
The assessed value of the land makes up more than $120 million of that $172-million total contribution for the 11 projects.
Household Financial Health and Housing Market Trends
According to the March 2024 Edge Report, current trends in debt service ratios and net worth may indicate areas of concern. The prevalence of static payment variable rate mortgages, household debt-to-GDP ratios, and Canada’s heavy reliance on real estate assets, may raise concerns about resilience.
In Q4 of 2023, debt servicing costs stayed stable, with the household debt service ratio holding steady at 15%. This ratio, which reflects the portion of disposable income allocated to debt repayment, remains significantly high, at levels not seen since 1990. A minor adjustment downwards from the previously reported peak of 15.2% in Q3 should be noted, however.
The federal government’s new Housing Plan, announced on April 12, 2024 and supported by Budget 2024, introduced a provision aimed at helping renters build credit by integrating rent payments into credit histories. It proposes amendments to the Mortgage Charter, encouraging collaboration among fintech companies, credit bureaus, and lenders to include rental payment data in credit scores.
The government calls on these agencies to create an ecosystem where renters can choose to include their rental payment history in their credit scores. It also expects lenders to prioritize comprehensive credit information, including rental payment history, in credit evaluations whenever feasible.
Federal Budget 2024: What are the proposed capital gains tax changes and how might they affect me?
The capital gains tax inclusion rate – today and tomorrow
Today, only 50% of the capital gain is taxable (this is known as the capital gains tax inclusion rate). This means that $50,000 of the $100,000 earned from the sale of the cottage in our example is added as income for that tax year.
Here’s an example:
Your regular income, earned from your full-time job, is $75,000
You make a $100,000 profit from the sale of your cottage (after you pay real estate fees, closing costs, etc.)
50% of the profit is taxable, which means you add $50,000 to your income during the tax year in which you realized this capital gain
$75,000 + $50,000 = a total income for that tax year of $125,000
The amount of tax you ultimately pay in that year will depend on your tax bracket and its marginal tax rate.
Simply. west side • A walkable West Side Vancouver location at 49th & Columbia just steps to Langara College, the Cambie Corridor and Langara-49th Avenue SkyTrain Station • Set in the middle of an upcoming retail corridor along West 49th Avenue, Pure includes ground-level retail shops
Biophillic design. A natural connection • Natural amenities right outside your door are some of the finest in the city, including Langara Park, tree-lined Langara Trail, and the scenic Langara Golf Course • Biophilic, nature-inspired elementsincorporated throughout the building design create a multi-sensory experience with the use of natural light, textures, and botanical and fluid forms • An impressive entryway creates a sense of arrival with a calming water feature, doubleheight ceilings, signature staircase, and natural wood, stone and green decorative elements • Generous outdoor patios and balconies provide homes with fresh air and natural light • Select patios feature natural landscaping for a calming effect • Indoor and outdoor rooftop amenities draw relevant inspiration from natural elements found in this tree-lined West Side neighbourhood, as well as the youthful, educated minds filling up the nearby colleges • Signature chestnut tree along Columbia Street is retained to maintain the street’s character and ensures that this feature tree is seamlesslyintegrated into the community’s design
Appliances • For one-bedroom homes, premium stainless-steel appliances include: – Miele 24” gas cooktop – Miele 24” convection wall oven – Miele 24” pull-out hood fan or over the range microwave/hood fan – Miele 24” integrated refrigerator/freezer with DynaCool for excellent circulation and even temperature distribution of cold air – Miele 24” integrated dishwasher runs quietly • For two- and three-bedroom homes, premium stainless-steel appliances include: – Miele 30” gas cooktop – Miele 30” convection wall oven – Miele 30” pull-out hood fan or over the range microwave/hood fan – Miele 30” integrated refrigerator/freezer with DynaCool for excellent circulation and even temperature distribution of cold air – Miele 24” integrated dishwasher runs quietly • Microwave with stainless steel trim kit (select homes) • Miele stacked front-loading washer/dryer
Bathrooms & Ensuites • Distinctive floating bathroom vanity: – Light Scheme: Cashmere cubby with wood veneer cabinet drawers – Dark Scheme: Wood veneer cubby with Brittany Blue cabinet drawers • Medicine cabinet mirror with open wood veneer cubby storage below • Convenient drawer organizers for toiletries and styling tools • Integrated motion-sensor LED strip lighting under vanity • Polished quartz stone countertop with Kohler undermount sink • 24” x 24” porcelain floor and wall tiles • Kohler Vibrant Titanium fixtures • Kohler rainhead with hand shower system in Vibrant Titanium for ensuites and singlebathroom homes • Kohler rainhead in Vibrant Titanium for second bathrooms • Contemporary soaker tub with glass tub shield • Frameless glass shower in ensuite • Kohler dual-flush toilet
Amenities for all your needs Indoor amenities • ‘The Resident’s Zone’ rooftop communal lounge is the perfect place to connect with your neighbours and build a sense of community • Framery® European designed interactive study rooms and state of the art, sound-proof work pods • Sound-proof music room for private lessons, jamming with friends or producing your own podcasts • Bike storage with hookups for electric bikes available • Bike repair room • Indoor dog washing station • Secure universal parcel delivery system Outdoor rooftop amenities • Nature-themed children’s play area with upright cedar logs, boulder-style designs and moveable chairs for parents • Open-air lounge with cedar deck and trellis • BBQ kitchen with dining table, chairs and catenary lights • Urban gardening plots and harvest table with seating • Outdoor work / study stations building details • A sustainable, low-emissions green building designed in accordance with the City of Vancouver Green Buildings and Low-Carbon Energy Systems Policies • Whole-building airtight design means better indoor air quality by creating effective air barriers to block dust, pollen, smoke and other outdoor pollutants • High-efficiency Heat Recovery Ventilation (HRV) system provides oxygen and cleans your air by removing contaminants, toxins, and excess humidity • Low-E windows reduce UV exposure while improving energy efficiency • Concrete topping for acoustical soundproofing between floors peace of mind • Fob access building with gated and secure underground parking and closed-circuit security camera • Parking stalls pre-wired for electric vehicle charging • Secured underground bicycle storage room with automatic door opening system • Homes pre-wired for security
Restrictions
Restrictions updated:
January 2011
Construction Information
Year Built
2024
Levels
5
Construction
Frame - Wood
Strata Information
Strata Plan #
Units in Development: 92
Units in Strata: 92
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