Blog › August 2012
Uptown Vancouver Blog
SOMA LOFTS - Open floor plan, south facing 1 bedroom loft style apartment with 10'5" CEILINGS and floor to ceiling windows. Enjoy the benefits of concrete construction, lots of natural light and a large balcony for entertaining. Polished concrete floors, stainless steel appliances, GAS RANGE, granite counter tops, in-suite laundry. Comes with 1 PARKING and lots of bike rooms too. Uptown Main Street area of Mt. Pleasant is fast becoming a diner's destination with lots of shopping & entertainment and this fabulous building is right in the middle of it. Close to transit, only minutes to downtown and a 97 walk score. Come live in one of Vancouver's hottest areas!
SOMA LOFTS: East facing open plan 1 bedroom loft style apartment, concrete construction, 10'5 CEILINGS with floor to ceiling windows, lots of natural light & a great balcony with views to the city & mountains. Polished concrete floors, stainless steel appliances, GAS RANGE, granite counter tops, in-suite storage & laundry. Soma Lofts is located in the Uptown Main Street area of Mt. Pleasant which is fast becoming s diner's destination with lots of shopping & entertainment. Close to transit and only minutes to downtown. A fabulous building & one a Vancouver's hottest areas to live in. Comes with 1 PARKING and lots of bike rooms. Remainder of 2-5-10 warranty.
Studio loft in historic Gastown Building featuring brick wall, city views, oak floors, 9ft ceilings and large built in storage unit with flat screen TV included. Bright sunny SW corner unit with lots of windows and deep heritage window sills. New renovations feature granite counters and high-end stainless steel appliances. Solid building with brand new roof (10 year warranty) and communal roof deck. Pro-active strata, lobby soon to be redone. Amazing location amongst cities best restaurants, boutiques. Walk to downtown, SFU, BCIT, convention centre, stadiums, etc. Very easy to rent - excellent investor opportunity. Easy to show, move in right away!
Real estate is arguably the single best vehicle to a comfortable retirement. Think about how many people you know that have maintained or improved their lifestyle after their working days were over. Now ask yourself how many of them did it via savings, mutual funds, stocks, RRSPs, or any way other than real estate? We find that, in most cases, the response is 1 maybe 2 but often NONE. Why is that? Why can’t people stick to their long-term financial plans? The answer is simple: life happens!
Every plan that extends over a long period of time will have deviations from the original. We cannot exactly predict our future circumstances and end up having to make changes along the way or, sometimes, start over. It takes work, discipline, and constant adjustments to make it successful. The difference in real estate is that we are, from an early age, conditioned to make it succeed.
Once we are on our own and need a roof over our heads, we get used to the financial responsibilities of having a place to live. Paying rent, utilities, insurance, etc. automatically instill the discipline required to own real estate in us. When hydro costs change, we adjust. When insurance premiums go up, we pay. It’s automatic!
That said, if you are in a position that allows you to buy real estate in the Greater Vancouver area right now, your timing couldn’t be better! Check out the graph below:
To put into perspective, let’s say you were one of the “crazy” people who purchased an “overpriced” property in the middle of a major world financial crisis in 2008. How would you feel about that investment today? Yes, hindsight is 20/20 but history repeats itself over and over giving us the terminology “market cycle”. Now look at where we are today, it’s almost a carbon copy!
The best deal of the year and possibly your lifetime is here. Now it is up to you to seize the opportunity or let it pass you by.
UPTOWN VANCOUVER M.M.
Link to PDF of Graph
SOMA LOFTS: 864 sq ft-2-Bedroom/2-Bath with Parking. Soma Lofts boasts 10'5 ceilings with floor-to-ceiling windows that span the width of the unit. Lots of natural light! If you like outdoor space this unit has a wrap around balcony that stretches the 1-2 of the unit. Kitchen comes with a stainless steel appliance package & granite countertops. In- suite storage that can double as an office. Well maintained unit with upgrades to the master bathroom. Soma Lofts is located in the vibrant Uptown Main Street corridor which is fast becoming a diner's destination with lots of shopping & entertainment. Remainder of 2-5-10. Solid concrete construction, lots of bike storage, a fabulous building & one of Vancouver's top areas to live in.