The Lonsdale Real Estate Market: A look at this Fall
Approx # of 'Active attached' listings (Central & Lower Lonsdale): 348 units
Approx # of 'Active detached' listings (Central & Lower Lonsdale): 42 units
Number of attached sales in October 2008: 19 (the total market of North Vancouver saw 37 units sold in October) NOTE: Over 1/2 of last months North Vancouver sales transpired within Central & Lower Lonsdale!)
The Lonsdale market resides within The City of North Vancouver, now contains 15,914 pieces of real estate with approx 1200 new condos and townhouses still to come in 2008. Attached properties in this region have increased the last years making it one of the fastest growing regions in the Lower Mainland.
Lonsdale is clearly a market that people from the
The planning department at the City is doing a great job of developing a sustainable city. The Lonsdale area is increasing in density and land is at a premium: larger lots are being duplex zoned, double lots are being converted into triplexes, fourplexes, or townhouses. Buildings are getting bigger and higher and views are both increasing and decreasing all over the City. Joel Carcone is active with the City of North Vancouver; He has been appointed a position on the Advisory Planning Commission. What this panel of individuals do is review any of the development / construction proposals that deviate from the Official Community Plan and advise council on the directions to take.
Regardless if you are a first time buyer, choosing to downsize, or seeking a rental or investment property to hold, flip or rent out, there is a wide array of real estate options in the Lonsdale region that you should consider.
If you are looking for the latest in Lonsdale real estate information, or are simply interested in to learn more about investing, buying, or selling real estate in North Vancouver, or are simply pondering what do do about your real estate holdings rest assured that Joel’s knowledge and expertise can assist you in making profitable choices.