The District of North Vancouver has sold a school near Grouse Mountain to property developers who intend to build 12 'single family' homes.
Written by Kevin O'Toole on May 7th, 2015
The District of North Vancouver has sold a school near Grouse Mountain to property developers who intend to build 12 ‘single family’ homes.
A question may be asked as to where will the children in such ‘family’ homes go to school.
However, as it stands, enrollment in schools continue to drop in these predominantly $1 million+ single family home neighbourhoods. As such, the District’s sale of the underutilized property makes good fiscal sense.
So another couple questions may be, “What is the increasing high-price of real estate doing to the social fabric of the communities in which we grew up?” and, “Can or should anything be done to save that social fabric; or, is it just a natural part of community evolution?”
Here is more on the story from Business in Vancouver: https://www.biv.com/article/2015/5/vacant-schools-sold-housing/ If you live in the neighbourhood or another neighbourhood where this has or is happening, please let us know your thoughts by leaving a comment to this blog or contacting us directly via email.
Last month’s sales were 10.3 per cent below our 10-year January sales average. [read more]
The BC Home Owner Mortgage and Equity (HOME) Partnership program will offer qualifying home buyers loans of up to $37,500, interest and payment free, for five years. [read more]
Metro Vancouver home sales dipped below the 10-year monthly sales average last month. This is the first time this has occurred in the region since May 2014. [read more]
Metro Vancouver homes sales resembled more typical levels in July. [read more]
Last month was the highest selling February on record for the Metro Vancouver housing market. [read more]
How much can you afford?
How much time?
