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Luxury Home Sales In Vancouver Plummet

All around the world, people seek a luxurious and dream residence. Vancouver luxury homes are the perfect combination of beauty, style, elegance & more. The city offers amazing quality of life and all the modern amenities.

The previous years in Vancouver saw high demand for luxury homes. But the scenario has changed this year. Let’s understand exactly why and how this has happened:

Introduction of Foreign Buyer Tax & Its Impact

When compared to July 2016, Vancouver house sales over $1 million have plunged in the first half of 2017,

The city has witnessed a slowdown in luxury home sales. This is due to the 15 per cent foreign-buyer tax introduced in August 2016, in a struggle to cool the previously red hot market. Only after living through historic highs the previous year, sales activity in the $1 million-plus market stabilised in the first half of this year.

In the $4 million-plus market, overall luxury sales experienced a 52 % year-over-year slump to 211 units.

What’s more? The BC Government’s latest data suggests foreign buyers have been decreasing for months.

4056 West 33rd Avenue, Vancouver, British Columbia V6N 2J1
4056 West 33rd Avenue, Vancouver. Asking: $6,988,000.00

Chinese Cities Drive Up Luxury Home Prices

Limiting capital outflows has been China’s zealous effort.

In the first three months of 2017, luxury house prices in prominent global cities escalated by 4.3% compared to the same period last year, and this upsurge can largely be credited to China’s cities.

Chinese officials limited foreign currency transactions to a paltry $9,000 as of July 1.

The new controls are aimed at ceasing “ants moving house,” says Anne Stevenson-Yang, of J. Capital Research Ltd., one of the leading experts on the Chinese economy. The term is used in China for getting many people to make small money transfers to eventually transfer plenty to purchase property.

The Charleson Sales from $3,600,000
The Charleson Sales from $3,600,00. Source: buzzbuzzhome.com

Though folks discover ways around the rules, Anne says. Mostly, the rich already have their wealth overseas, thus they are not impacted by new controls. Irrespective, foreign exchange reserves have upturned every month since January.

In the present, the slowdown is already surfacing in Vancouver’s luxury home market. Single family home sales above $3 Million have jumped 27% year over year while inventory has hiked 24%.

It will be interesting to see how long China withstands the latest tightening. If China stays determined on limiting outflows, Vancouver housing market won’t be the only one to experience the impact. According to a report, there will be an 84% decline in offshore property buying in 2017.

The people of Vancouver may finally be able to heave a sigh of relief.

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Steady Drop in Vancouver House Sales; July Experienced Price Rise


Sales Slow In the Country’s Costliest Real Estate Market

Vancouver area house sales saw a steady drop in July. On the other hand, the short supply of properties on the market has led to price rise almost a year after the B.C. government put a foreign buyers’ tax to curb the once-hot market.

On August 14, 2017, British Columbia Real Estate Association published data that reveals the sink in the number of houses sold across Metro Vancouver in the last month compared with July 2016, and the growth in the prices.

In July 2017, in total, 3,012 houses were sold across Vancouver – an 8.8% depression compared to 3,301 homes sold a year ago. However, the region witnessed price rise, with the average outreaching $1,029,786. This inclines that year-over-year, there is a 2.2% spike in the home prices.

July Statistics – Image Source: rebgv.org

The Prices Do The Talking!

Last month, prices augmented across all regions of British Columbia. Vancouver, the most populous city of British Columbia, made highlights with 18% price hike over the year, hitting an average of $452,353. The average home price upturned 11% to $644,510 in Victoria. The South Okanagan region and Kamloops were up by 9.5% to $415,720 and 8.1% to $367,303 respectively.

More Balanced Market Conditions Expected Before 2017 Ends

BCREA chief economist Cameron Muir stated, “Strong economic growth, an expanding population base and a lack of supply continue to drive B.C. home sales and prices this summer.” Though, he added that the decline in sales and consistent rising inventory has been easing the harsh market conditions experienced lately.

“Home sales have edged back 4% since May, with active listings beginning to bounce back from a 20-year low”, Cameron Muir stated. “If these trends continue, it may signal that more balanced market conditions could emerge before the end of the year.”

All over British Columbia, the number of homes sold diminished 6.3% year-over-year, with 9,275 homes sold in the month in total.

Repeat House Sales Ascent Last Month

The Teranet- National Bank Composite House Price Index indicates a 7.8% increase in repeat house sales and 8.56% year-over-year across Metro Vancouver last month. This indicates price modifications for repeat single-family houses’ sales.

The year-over-year progress was beneath the national average upsurge of 14.17%. The upturn country-wide was driven by growth in Toronto, however, according to Teranet, Vancouver’s growth is slowing as non-condo properties’ prices are tumbling.

Demand For Housing, Property Listing & Home Prices In Vancouver

According to the real estate board’s president, Jill Oudil, the demand for housing in Vancouver now differs by property type and location, with some parts of the real estate market still witnessing bidding wars.

There is only 0.3 per cent increase in the number of properties newly listed for sale from last year. If we talk about the sales-to-active listings ratio, the figure is 32.2 %.

According to sources, when the ratio is above 20% for many months, house prices often experience skyward pressure.

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Top 5 Real Estate Investments in Canada

For many years, Vancouver has been rated as one of the best places to live in the world. It has one of the most expensive neighbourhoods and is a hot stop for real estate investment.

Being open to so many alluring options, it becomes difficult for an investor to shortlist his/her potential deals and come to a sound decision. If you too are confused about which property to buy in Canada, check out this list of top 5 real estate investments to make a sound decision.

 

Guelph, ON

Guelph tops the list as the city with the most attractive real estate in Canada. Undoubtedly, there are a number of buyers ready to grab onto the best buys offered by this location. Homes in Guelph go for about $441,000. This is more than over four times the average household income. The location is on stable footing with a low unemployment rate. Guelph is home to advanced manufacturing companies, green tech firms, and supports several high paying government jobs.

 

Victoria, BC

This location has immense potential at the moment. The absence of foreign buyer tax along with low Canadian dollar rates add to the pros for Victoria as a location or property investments. With 26,000 people working in technology, it is an emerging high-tech hub. Victoria has the ocean along with great climate and scenery. People have the opportunity to buy great condos for under $250k. The rental vacancy rates and rental prices are just about the same as Vancouver, making it an excellent bet.

Brampton, ON

It may come as a surprise to many, but Brampton is one of the best places to invest in the real estate market. This conclusion can easily be drawn by people who have been closely analysing the market in the last few years. Brampton has the ranking in the top 10 vacancy rates and offers strong employment and population growth. Coca-Cola, Air Canada and Canon Canada are a few of the many blue chip employers that relocated here. 23-km Hurontario LRT line will also undergo improvements in its infrastructure.

 

North & West Vancouver, BC

North & West Vancouver have become favourites when it comes to growing real estate locations. The areas have lots of special amenities, great schools and amazing views. Port Moody’s continued investment in development and the completion of the SkyTrain stop have converted this area into a high-value neighbourhood. It offers a balance between lifestyle, travel distance and house size. New Westminster is another real estate hotspot. Factors such as growing employment and population have led to an increased demand in the area.

Barrie, ON

DCIM100MEDIA

Barrie has a beautiful waterfront location on Lake Simcoe. It has been on the radar for investors for years. A designated Urban Growth Centre, Barrie has benefitted from job growth, transportation improvements and economic diversification. It is about 90 km away from Toronto. It offers all of the ideal amenities for future resale. What’s more? Good schools, beautiful parks and safe neighbourhoods make Barrie one of the best choices for residents and investors.

As an investor, you must be patient and calm while looking for potential real estate investment buys. There are major housing issues in Vancouver at present, but the rates of the properties may rise sharply. This is because Yaletown condominium property is one of the most desirable properties in all of Canada. Factor in every aspect to make a profitable purchase.

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Behind The Property Rate Craze In Vancouver

Vancouver presents a paradox for Canadians, and those looking to shift from foreign shores. A nice mix of the best modern urban provisions close to residences, and stunning natural beauty, Vancouver has frequently been rated as one of the best places to live in the world. It has also been rated one of the most expensive neighborhoods.

This leads to acute homelessness issues. City folk have taken to sleeping on pavements at night in wake of the increasing difficulty for any but the rich to put a roof over their heads.

Government Speculation on Property Speculators

The government has its own angle on the issue. Legislations as recent as August 2016 reveal that they believe – or at least want the common home buyer to believe – that those responsible for the current crisis in Vancouver housing live off the shore in global metropolises. They believe that Canada’s famously low interest rates in general – and Vancouver’s quality of life and superior recreational provisions in particular – made the city a natural spot for investments.

These legislations include the introduction of 10-15% tax for foreign buyers, and the Empty Homes Tax, which penalises under-utilization of residential spaces that have a current owner. This latter is aimed at investors who primarily buy houses as security or assets. The government also incentivizes native home owners through state grants.

Of these, the foreign buyers’ tax has been panned by experts and academics. They say that if foreign buyers are behind the spike at all, they’re likely to be able to adjust easily to the extra expenditure.

The Counter-View

Investigators like Geoff Dembicki don’t agree with assessments such as those implicitly sponsored by the government.

According to proponents of alternate viewpoints like Geoff, much of the housing crisis is due to domestic speculators, not foreign ones. They argue that the main problem is gentrification. The fact that property rates in Vancouver increased to epic proportions to begin with – probably due to the famously low interest rates mentioned earlier – accords them an odd prestige status. The demand for such spaces increases manifold. Since the rich can catch up most easily, they lap up these properties quickly, and come to attract the attention of investors thereafter. Luxury retailers, of course, bask in the glory of these trends.

The fallout of these trends is not just in terms of luxury housing. The people who miss out on property in cities such as Vancouver do not just miss out on elegant facades. They miss out on opportunities. Studies like Geoff’s reveal that most new jobs in urban Canada were created in about three or four cities like Vancouver with inaccessible property rates.

All in all, trends suggest that economists and experts were right, and that foreign buyer tax is useless. The other implication is that foreign buyers were only a small part of the problem. The real issue is with wealthy domestic speculators cashing in on the effects of gentrification and buying homes as investment – to rent them out sooner or later, or to sell them off later rather than sooner to avail higher returns. The best way out is to put more power into the hands of a broader range of home-buyers.

 

Housing Statstics in Greater Vancouver

 

greater vancouver real estate july 2017
greater vancouver real estate july 2017 – source: GVREB

 

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The Brave New World of Pre-Sales Condos in Yaletown

Image source: HiBusiness

The condo craze is still current in Vancouver, and especially so in Yaletown, erstwhile warehouse district that blends its heritage status with all the paraphernalia of the new lifestyle that, regardless of actual inventory, is still driving speculative money exchanges for those willing to avail of impressively high going values. It doesn’t hurt that Yaletown has a matchless transportation system in place and is a beautiful locale with a lot to offer. From the amazing Seawall to the many lush and expansive parks that dot the area, such as the George Wainborn Park, which is 2.5 hectares in size!

It should be noted that all of these spaces make good use of the city’s existing infrastructure and contribute to it, with the focus on sprawling green spaces and public recreation facilities leading to a happy circle that helps sustain those natural loci and quality recreation facilities with their focus on community living.

1121 Seymour + Davie

The nine-storey 1121 Seymour across from the Emily Barnes Park is slated to have 38 units.  For those with sophisticated taste buds, it will be pleasant to know that the property is 474 restaurants away from residents and a lack of choice for cuisine satisfaction. And over all of this, the building has been given a silver certification by the LEED Canada, which means that one can avail of all the luxuries of this space without the attending green conscience scare that so many other metropolises are ridden with.

1121 Seymour + Davie
1121 Seymour + Davie

Arc Vancouver

The Arc Vancouver is perhaps one of the most ambitious and conspicuous developments of the area, despite the fact that it is, well, a development, and not a finished project. True to its name, The Arc carries forward the tradition of triumphal arcs built on steppes and sand and asphalt since time immemorial, just that this one is built of two separate towers! The concrete-and-glass behemoths will be connected by two- or three-storey sky-bridges. In addition to the wealth of Yaletown around it, The Arc will provide special pedestrian plazas for their residents.

Developments like the Smithe, Viva tower, and 498 Drake Street focus on the region’s marriage of the urban and the traditional – based on its historical mix of older commercial and newer residential living – while designing condos, which is why it has a floor of retail and three floors of official space reserved from its twenty-six storeys of spotless and elegant boutique property living.

498 Drake St
498 Drake St in Yaletown. Image source: Skyrise Cities

All in all, condo property in Yaletown focuses on bringing a new sort of urban living into this new heart of Vancouver, one blending sophisticated private living with active community lifestyles.

 

See other Yaletown Developments

1335 Howe -Sales from $1,769,900

The Charleson – Sales from$3,600,000

902 Davie Street

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Condominium Culture in Yaletown Real Estate Riding High

Presented by some as Vancouver’s challenge to the Manhattan’s Soho, Yaletown is a thriving district which is emerging as an area for hot property deals thanks to its enthusiastic start-up culture and increased number of popular recreational service providers.

New Condominium Boom in Yelowtown

This is also due in no small part to its new immersion in condominium culture. With many new condo projects like, 1335 How (Onni)The Charleston(Onni) and 8X On The Park, both pre-sale condos, the emphasis is on uber-urban living spaces that provide proximity to social watering holes, new-age entertainment and recreational facilities, while also granting aesthetics of residence as high a priority as luxury. Yaletown, in other words, wants to live beautifully and busily, nudging its social spaces to rise up to the challenge.

1335 Howe by Onni
1335 Howe by Onni – customizable home near Yelwtown district. Image source: Onni Group

This emphasis on aesthetics is by no means superficial and transient. Yaletown has always been a district careful of appearances and the impressions they generate. Real estate developments just prior to the current phase would focus on maintaining the old logic of stepping, adhering to the natural slope of the region and aligning heritage cornices with newer structures. For instance, Amacon’s project, the 118-150 Robson, proposes to rework the Northern Electric Company Building, a structure from Yaletown’s ‘heritage’ period as a warehouse district, into a new high-end structure offering above four thousand acres of commercial space, apart from 125 condominiums and a hotel.

Rise in Price/Square Feet

As for hard figures, the average cost for condos in Yaletown was last recorded in the range of $800 to $ 1000 per square foot, with one bedroom condos starting at $340,000, while the price of the average condo hovers around $555,000. After reaching an April ’17 peak of $890.000 in median price for condos, recent figures have stabilized in the sub-$830,000 region. And the fact of the neighborhood’s immersion is reflected in the fact that these figures are only slightly higher than the median figures for all housing in the same period.

A boom-buyer shift is imminent in Vancouver in general, and in sites such as the condo-rich Yaletown in particular, with millennial residents likely to stay while most of the residents who are older are planning moving out into smaller, even rural, areas, so long as they offer certain securities, such as focus on healthcare. Again, the millennial urge to stay on in Yaletown is down to its thriving youth culture, centered around new enterprises and the choicest varieties of recreational services. All of this, nonetheless, is leading to an alarming gap between sky-rocketing estate costs and relatively sluggish incomes.

But none of this stops the average millennial from either retaining condominium property in the area or purchasing new condo estate: listings for one- and two-bedroom condos dropped between April and June, while new listings for three bedroom condos increased by more than 50%. indicating both the relish with which customers lapped up relatively affordable condos, depleting demand, as well as the aspirational tendency for higher buys speculated by home-owners and property agents. All of which leads to a number of new pre-sale condos all with unique features: 1121 Seymour Residences, the Arc Vancouver, and 498 Drake Street, among others.

The condo wave, in other words, is still riding high.

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Vancouver’s Property ‘Boom’: Heading for a Dark Future?

luxury home vancouver
Currently detached home in Vancouver in Kitsilano.

Vancouver is one major world city that’s had it made in the twenty-first century. From the best of consumerism’s pleasures to the best in Nature’s goodie bag for her adventure-hungry, more-affluent-than-ever children, it comes across as a space of amiable interactions, easy indulgences, natural leisure…

… and huge housing affordability shortfalls for locals.

Trouble in Paradise

Unfortunately, Vancouver’s reputation has made it a magnet for some bad news. Its property market was plagued by real-estate crimes in the past, to be sure, but that was a problem many considered either resolved or easily manageable. Now, however, the city faces a new threat as several locals can be witnessed setting up sleeping bags on pavements and other external spaces.

The urban center marked its apex per-unit cost for homes at $967,500 on average, with stand-alones easily reaching up to $1.831 million. The benchmark rise is an 8.8% growth over just the last year. Simultaneously, it has witnessed 30.8% drop in sales over the year.

Vancouver’s property rates have gotten out of hand, and are too uncontrollable for locals to live up to their domestic dreams.

Info-May-2017
Source: Vancouver Real Estate Board

Non-Local Investment to Blame

The government’s identification of the causes behind this affordability chasm can be deduced from a look at the Vancouver property tax section on the city website. The emphasis on their Empty Homes Tax (which penalizes under-utilized residential spaces) and home-owner grants makes it clear that they are trying to root out non-local Canadian purchasers and foreign investors who buy property away from their source countries to act as tax evasion maneuvers.

In fact, the British Columbia government tried incentivizing Vancouverite purchasers and discouraging foreign participants by introducing a 15% foreign buyer tax and granting first-time home buyer loans. Both these moves have come under attack, however.


Misguided Well-Intentioned Maneuvers

Experts believe that the measures to stave off foreign buyers was flimsy at best, as the main perpetrators behind under-utilized residential spaces that arose from the investment of non-Canadians would easily be able to add the new sum to their usual considerations. Meanwhile, like locals, foreign immigrants on work permits too would suffer the effects of this move, which led BC Premier Christy Clark to announce leniency measures for such workers within seven months of the roll-out of the tax.

At the same time, many see the lure for local buyers as bad economics. Coming as it does at a time when “sellers [are still] reluctant to put their homes on the market”, according to Jill Oudil, President of the Real Estate Board of Greater Vancouver, getting more sub-150k buyers to vie for a limited supply of houses by subsidizing loans for houses costing up to $750,000 will only cease to make cost-effective properties cost-effective. In addition, it will either put many buyers in a spiral of debt as they strive to match their lifestyles to new accommodation, and also because, those whom it targets must able to qualify for 20% mortgages (even though they belong to sub-150k households), which means many won’t, and many others will fall into the dubious trap of additional debt.

The only real solution is to incentivize sellers so as to increase supply-side flexibility.

vancouver-real-estate-2017-May-2

source: Vancouver Real Estate Board
Greater Vancouver May data. Source: Vancouver Real Estate Board

 

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Discover Yaletown – The most Happening Place in Vancouver!

At some coffee shop, you will find out from the tables around you, students discussing the sky-high costs of the city’s rent, girlfriends searching for ketchup to go with their cheese and ham croissants, and a trio of briefcase-toting experts comparing caterers for their office party. Yes! This is Yaletown life. You’ve got things to do, places to go, and people to know around Yaletown, Vancouver. It offers a very active lifestyle, beautiful condos, and the people here are really kind. Despite being a big city, it gives a great neighbourhood feel. Placed in between some of the city’s busiest lanes, Yaletown is small but crowded. Among the most patios in all over Vancouver, Yaletown is perfect for people – watching, eating, and travelling around some remarkable boutiques that aren’t found in another place. Here, you will feel like a Vancouver inhabitant. This little corner is one of the best places to live in the world.

Get a Look at a Few of the Great Things Yaletown Life Offers:

What to see and do in Yaletown?

The waterfront parks in Yaletown are a big attraction. The biggest green spaces: David Lam Park and George Wainborn Park get connected through the city’s Seawall, which runs right along the water. From walking and jogging to biking and inline skating along the Seawall, you can enjoy to the core; along with the excellent public art sprinkled along the waterfront. The neighbourhood’s chronological roots are also apparent in the form of Engine 374, pulled the foremost transcontinental traveller train into the city in 1887, on show at the Roundhouse Community Centre.

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How to Satiate your Appetite?

The platforms of old redbrick warehouses, which were once built to allow for simple loading of textiles onto trains to be sent back east are now redesigned as luminous, metropolitan patios for the ideal brunch, afternoon drinks, and great dinners. Yaletown is a wonderful place for a festive seafood dinner, a tranquil bistro meal or a comfortable family feast. You can stroll the area to choose from a bunch of dining options to have sumptuous food in Yaletown. You just need some time to discover the area’s cocktail scene and nightlife after that – with elegant lounges, sparkling and vivacious neighbourhood pubs, and clubs with lively dance floor-filling. Now, you must be craving to get the flight to spend the evening in this amazing and sparkling place!

Treat for shopaholics:

Yaletown has worth mentioning local shopping options for shopaholics as well as window shoppers. You will definitely love the stylish boutiques, gracious service, and exclusive items that the typically locally-owned shops offer. From fashionable to designer home-wares, the stores in this vicinity are peculiar, trendy, modish, and a lot of fun. You can explore Yaletown’s chic dog clothing, contemporary bathtubs, and historic chapeaus. No doubt it is the one place for the entire expert and sophisticated shopping, the most professional beauty services, and the on-trend fashions.

Excited Shopping Woman isolated on white

To conclude, let us tell you that Rogers Arena, BC Place, and QE Theatre are only a short walk away from Yaletown. Just get the tickets to experience the best concerts and sporting events there!

 

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Demand For Houses Still Outweighs Supply in Metro Vancouver’s Housing Market

apartment-constructionAccording to the Real Estate Board of Greater Vancouver, demand for homes in Metro Vancouver is constantly climbing the ladder. On the other hand, there is no sign of an increase in the supply of houses in the market. The REBGV said that listings combined with high demand, precisely for condos and townhomes, continued to influence Metro Vancouver’s real estate market in the month of March 2017.

The Real Estate Board of Greater Vancouver discovered that the sale of residential properties in the province amounted to 3,579 after the first quarter of the year 2017. And when juxtaposed to March 2016’s record-breaking sale of 5,173 houses, it was found that there has been a drop of 30.8% in the sale.

Despite such a fall, there is another statistics that would give the residents of Metro Vancouver a sigh of relief. The residential sales fell when compared to sales in March 2016 but when contrasted with the sales of the month of February 2017, there has been an increase of 47.6% in sales. In February 2017, only 2,425 residential properties were sold.

Also, the data revealed that the previous month’s sales were 7.9%, which is above the 10-year sales average for the month.

The President of REBGV Jill Oudil explained, “While demand in March was below the record high of last year, we saw demand increase month-to-month for condos and townhomes.” He further added, “Sellers still seem reluctant to put their homes on the market, making for stiff competition among home buyers.”

The Game of Numbers

In March 2017, in Metro Vancouver, the total number of detached, attached and apartment properties made available totalled 4,762. The figure indicates a fall of 24.1% as last year in March, the number of units listed were 6,278. On the contrary, the figure points to an increase of 29.9% when compared to the listings made available in February 2017. This is being considered the lowest number of listings in the month of March since 2009.

A statement released by the Real Estate Board of Greater Vancouver stated: “The total number of properties currently listed for sale on the MLS system in Metro Vancouver is 7,586, a 3.1 percent increase compared to March 2016 (7,358) and a 0.1 percent decrease compared to February 2017 (7,594).”

The board said that the market analysts could sense a downward pressure on the house prices when the ratio declines below the 12% mark for a continuous period. However, house prices usually feel mounting pressure when they outpace 20% ratio for over a number of months.

Oudil said, “Home prices will likely continue to increase until we see more housing supply coming on to the market.”

The benchmark prices in Metro Vancouver for all residential properties fell by 1% over the previous six months and rose by 1.4% juxtaposed to February 2017.

To sum it up, the statistics showed that the sale of detached, attached and apartment properties decreased when compared to the property sales of March 2016. The drop in sales also led to the change in benchmark prices of the properties.

vancouver-march-2017
Vancouver housing price overview March 2017 – Image source: www.rebgv.org

 

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Yaletown – A Perfect Cocktail for the Travellers

yaletown
Yaletown

Yaletown, once an unknown land has now become as vital as the fluffiness of a cake to the city of Vancouver. It is now a high-end district with a combination of richness, beauty, art galleries, classy restaurants, cafes, expensive boutiques, high-rise commercial buildings, and latest residential developments.

Today, Yaletown is the warehouse district of Vancouver. It is vibrant, lively and walkable, making the gleaming residential buildings some of the most coveted in the Vancouver city.

This is the present of Yaletown, but for every present, there is a past.

During the early 80s, Yaletown was a flourishing industrial heart of the city of Vancouver. Also, in the year 1886, Yaletown was a western terminus of the Canadian Pacific Railway. Yaletown has been named after the town of Yale that moved its settlement as the Canadian Pacific Railway established its works yards alongside the Northern edge of False Creek.

Though Yaletown may look small on the map, it is surely a denser and important part of the Vancouver city. The perfect region for indulging in food, exploring beautiful sights and enjoying a night life.

Unravelling Days and Nights of Yaletown


When heritage dated modern, a historic district called Yaletown was born. Yaletown is a stylish district that is an incredible combination of a sophisticated and cosmopolitan atmosphere and the friendly attitude found at boutique stores and local restaurants.

Yaletown life has lots in store for everyone. Whether you are a traveller, wanderer or looking for a family getaway or romantic evening, Yaletown allows all articulate their lives in the best forms.

The tranquillity of an oceanfront seawall, sidewalk cafes, trendy and fashionable patios, out of the box shopping options and green leafy parks have made Yaletown and the life in the district the chicest place to hang out in Vancouver.

This is not all, if one wants to get lost in a maze, explore the much-admired restaurants and eclectic shops set along heritage brick walkways. Yaletown is believed to be Vancouver’s premier dining district. Would you believe us if we say, it is home to almost 80 food and beverage eating joints within a 3-block radius?

If the next destination on your itinerary is Yaletown, here are some of the things that you should know to experience the best of Yaletown life:

Spring time in Vancouver???????? PS. New blogpost will be up later this week!

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  •    Satiate your palate! Yaletown has award winning world-class restaurants with covered patios and inevitably requires a stopover.
  •    Take that much-loved ride to or from Yaletown district on Aquabus or False Creek Ferries.
  •    Get indulged and pampered at Blo, Noir Lash Lounge, Pure Nail Bar and Bombay Brow Bar.
  •    Delight in locally brewed beer at Yaletown Brewing Co. and Prohibition Tasting Room.
  •    Go high! The most happening part of Yaletown is its nightlife. There is always something exciting taking place in the district.

Wait until the sun goes down we gon make this bitch light up… #lightupthenight #aceofspades Photo: @justjash

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The list is infinite!

There’s an old saying: “When in Rome be like a Roman.” The saying implies if you want to enjoy the very essence of a place, you have to be in sync with its style. We’ll say, if you want to relish the Yaletown life – do how the people in Yaletown do. After all, this is one place that allows you to actually live like a Vancouverite.    

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