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Picasso | Gallera Phase II MLS® Listings
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Building Info
Picasso at Gallera - 8671 Hazelbridge Way, Richmond, BC V6X 1R3 Canada. Crossroads are Hazelbridge Wy and Sexsmith Rd in the neighbourhoof of West Cambie. Galleria master-planned community, consisting of five towers divided into the Da Vinci Collection (Phase 1) and the Picasso Collection (Phase 2). Comprising 344 mixed beautiful units, developed by Concord Pacific. Meticulously designed by GBL Architects Inc. & IBI Group. Interior designed by LIV. Estimated completion in 2024.
Positioned next to the upcoming Capstan Canada Line station with on-site retail and dedicated office spaces for forward-thinking professionals, Galleria is part of a lively surrounding that ensures ease of everyday convenience. A luscious 2-acre community park offers optimal enjoyment of tranquil nature and quality time with loved ones. Resort-inspired amenities, world-class finishes and smart technology are infused into each home, encouraging colourful and intelligent living for all.
Conveniently situated at the epicenter between Richmond and Vancouver, Galleria neighbours the upcoming Capstan Canada Line station. This new community is simply a few minutes from Vancouver, away from the heavy traffic in the city centre of Richmond, while Vancouvers downtown, Vancouver International Airport, the University of British Columbia, Burnaby Metrotown and the U.S. border are all within a 7 to 20 minutes' drive away.
Official Website: www.concordgalleria.com/contact Phone: 604-233-7748 Sales Address: 4151 Hazelbridge Way L1, Aberdeen Centre Richmond, BC
Strata Sub Categories: Strata
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.
Interior and Exterior Features: • Choice of two interior colour schemes o Sunrise Chiffon o Evening Silk
FEATURES & FINISHES • Open balconies or terraces for most suites • Wide plank laminate flooring throughout the main living area, bedrooms, closets and flex space • Porcelain Calacatta tile flooring in the laundry closet • Staircases feature white oak handrails stained to match the flooring for the selected schemes • Interior suite and closet doors are trimmed with wood-grain laminate finish • Wood-grain laminate finish closet organizers for major closets • Dark roller-shade window coverings in living room and bedroom to enhance privacy • Television and telephone jacks in every principal room • Stackable or side by side Blomberg front load washer and dryer • Heating and cooling in every principal room • 8’8” ceiling heights in living room and bedrooms for most suites, subject to all required bulkheads and drop ceilings
Main Bathroom & Ensuite (tub or tub/shower combo): • Custom medicine cabinet with mirror, shelves, built-in lighting and extendable wall mount mirror (where applicable) • Wood-grain laminate vanity cabinet with soft-close hardware featuring Blum hinges and tracks for superb quality and durability • Drawer with built-in organizers (where applicable) • Engineered quartz stone countertop • Kohler® under-mount sink with polished chrome Grohe® faucet • Kohler® Dual-flush toilet with soft-close seat • Large format porcelain Calacatta tile flooring and tub/shower surround • Recessed niche in bathroom (where applicable) • Polished chrome Grohe® faucet, tub spout and shower head
2nd Bath (walk-in shower): • Same finishes as ensuite or 1st bath • Polished chrome Grohe® hand-held sliding shower • Walk-in full-length shower stall fully enclosed with frameless glass door (where applicable) • Kohler® Dual-flush toilet with soft-close seat
Kitchen & Laundry: • Custom wood-grain laminate kitchen cabinetry with open under-cabinet lighting • Cabinets feature soft-close hardware by Blum® hinges and tracks for superb quality and durability, a magic corner (where applicable) and a sliding basket under the kitchen sink • Drawer organizer for cutlery • Engineered quartz stone countertop • Large format porcelain Calacatta tile backsplash • Recessed pot lighting or flush mount lighting (depending on kitchen configuration) • Large single-bowl stainless steel under-mount sink • Polished chrome Grohe® faucet with lever handle and pull down sprayer • Integrated stainless steel Bosch appliance package including: o Bottom-mount counter-depth fridge with integrated panel o Chimney fan o Dishwasher with integrated panel o Gas cook-top o Wall oven o Panasonic Microwave installed with trim kit * 1 BR suites receive 24” appliance package * 2 BR and up suites receive 30” appliance package (24” dishwasher) * Some exceptions may apply to individual layouts
Upgrade Option: • Intelligent Kohler® Veil to replace Kohler® Dual-flush toilet for Ensuite only • Miele kitchen appliances to replace Bosch kitchen appliances (not applicable to microwave)
Restrictions
Restrictions updated:
January 2011
Construction Information
Year Built
2024
Levels
14
Construction
Concrete
Strata Information
Strata Plan #
Units in Development: 344
Units in Strata: 344
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