This is an urban village with extensive services, a large stock of apartment housing, some of it pre-1960, and elegant streets with fine detached homes — as you would expect on the west side of Vancouver. In case you’re interested, the detached homes currently sell for between $2,000,000 and $4,000,000, even with the recent subsidence in the luxury housing market related to foreign buyer taxes, speculation taxes, money-laundering investigations and the like.
Residential and commercial properties on the main streets are under redevelopment pressure with new condos on the southern arterial and visible retail turnover. There is an influx of shops catering to Asians; this does not necessarily mean big money, but it might when there are large number of expensive cars parked on the streets, and expensively dressed 40ish couples of all ethnic types pushing baby strollers. The City website does not show a neighbourhood plan; there’s a 2005 “vision” document for a wide area that includes Kerrisdale, basically a wish list based on conversations with residents, but it doesn’t provide insight on what’s happening now. Continue reading