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Parc Riviera MLS® Listings
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Building Info
Parc Riviera - 10011 River Dr, Richmond, BC V6X 0N2, Canada. Strata plan number BCP49352. Crossroads are No. 4 Road and McLennan Avenue. Parc Riviera is 4 stories with 56 units. Estimated completion is 2015. Developed by Oris Consulting Ltd. and DAVA Developments. Architecture by Cotter Architects. Interior design by Area 3 Designs. Featuring spectacular North Shore mountains and riverside views, this urban village will boast 20-acre masterplan community, 5-acres of parks and gardens, 4000 feet of riverfront dyke trails, clubhouse, a 5,500 sq. ft. daycare center, tennis court, restaurants and retail boutiques. Exquisite landscaping, cobblestone mews, and graceful water features surround the public plaza that is the heart of Parc Riviera Village. Nearby parks include Park Site on Shaughnessy Street, Talmey Neighborhood School Park and Ash Park. Nearby schools include Robert J Tait Elementary, Talmey Elementary, Tomsett Elementary and Cambie Secondary. The closest grocery stores are Fujiya Japanese Foods, Fujiya Japanese Foods and Acme Grocery Store. Nearby coffee shops include Tim Hortons, Deane & Co/Metal Prep Specialist and River Road Cafe. Nearby restaurants include Riverside Cafe, Dai Jang Kum and quiznos sub. MMaintenance inclusion includes Garbage Pickup, Gas, Hot Water and Recreation Facility.
Other buildings in complex are 10111 RIVER DRIVE, 10133 RIVER DRIVE, 10119 RIVER DRIVE, 10155 River Drive and 10033 RIVER AVE.
The RE/MAX® brand delivers notable advantages – for agents with a RE/MAX brokerage
As the 2024 RE/MAX vs. The Industry report shows, RE/MAX agents are the most productive, meaning they close more transaction sides than other real estate agents, on average. In fact, RE/MAX agents closed an average of 11.8 transaction sides throughout 2023, nearly double that of the competition
But productivity isn’t the only place RE/MAX shines. The annual report, which ranks the results of national, full-service brokerage brands in the U.S., also highlights that the balloon-backed brand dominated in unaided brand awareness at 36.4%.
Canadian mortgage payments went from virtually nothing to very high
Canadian mortgage payments went from virtually nothing to the highest level in well over a decade, inflicting pain on mortgage borrowers. However, the value of homes also surged. In fact, from the rate cuts that sent home prices surging in March 2020 to the end of 2023, the growth rate of home prices outpaced the increase in the average mortgage payment on file at Equifax. This was true in most of Canada’s largest cities, especially in Eastern Canada where the average household’s payment significantly lagged home price growth.
Canadian Home Values Climbed Faster Than Mortgage Payments
B.C. housing market showing signs of marginal improvement
B.C.’s housing market saw a slight improvement in March as home sales nudged higher following a 5.9-per-cent decline in February. Sales increased 0.7 per cent to reach 5,866 unit sales. Home prices rose 1.8 per cent. This said, housing momentum has waned in the last few months as buyer sentiment shifted amid interest rate uncertainty.
MLS home sales increased in most of the province’s real estate board areas. The Greater Vancouver area saw home sales increase by 1.4 per cent following a decline in the previous month. In Chilliwack, home sales increased only slightly—by just 0.5 per cent—while the Kootenays reported a 17.2-per-cent increase. Home sales also rose 9.4 per cent on Vancouver Island, and were unchanged in the Fraser Valley. However, the Okanagan-Mainline and South Okanagan areas recorded sales declines of 8.9 per cent and 19 per cent, respectively.
Lethbridge industrial market strengthens as options limited
Western Canada’s industrial markets are at an inflection point as demand normalizes and the pause that hit new construction last year begins to make itself felt.
Conservative market sentiment is now creating the conditions for stronger performance in 2024, Avison Young reports, with cities like Lethbridge poised to see a landlord’s market for industrial space.
Lethbridge reported a 4.1 per cent vacancy rate in the first quarter, up from 4 per cent at the end of 2023. But space under construction is down more than half from last year to 50,000 square feet, creating potential supply constraints.
That change will have significant implications for cottage owners. Many have seen the value of their properties skyrocket in recent years, which could cause them to kick the tires and sell before the higher tax rules kick in.
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