Developers Thoughts:
"The decades old industrial history of this location provides much of the inspiration behind the four buildings that comprise Ardea. With dark façades and varying heights, the architecture is bold, but undeniably timeless. Lush plantings and greenery weave throughout the buildings, seamlessly flowing into the new Kinross Park and the shoreline of the Fraser River."
"With picturesque scenery in all directions, each building has been thoughtfully arranged so that homes frame beautiful views of the river, park, or River District community. Private outdoor spaces, in the form of balconies, patios, courtyards, or rooftops, offer a place where you can fully enjoy the nature surrounding Ardea."
"A once forgotten stretch of industrial land that’s been transformed into an active new community on the banks of the Fraser. Wesgroup’s vision from the very beginning was to create a true neighbourhood that serves the people who live here from a bustling Town Centre to 25 acres of scenic green space."
"Now, over 3,500 residents call River District home with 16 shops, services and restaurants open and more to come including Bufala, Kokoro, Lucky Taco, Local and Boketto. River District will soon be home to a community centre, sports fields and an elementary school."
Top Building Features:
"Stil Haus, Ardea’s stand-alone amenity building, experience a Scandinavian spa-inspired lifestyle year-round in the steam room, sauna, hot tub, and cold plunge pool — a rejuvenating level that opens to a relaxing zen garden."
Developer reputation:
"What began as a local family business over 60 years ago has grown into one of Western Canada’s most trusted companies. While we’ve built more than 7,000 homes in 100 communities and manage over 3 million square feet of commercial space, it’s our reputation for fair play and adding value to people’s lives that makes us most proud."
"From planning and design to overseeing every facet of construction, and our extensive Customer Care program, each phase of a project is done in-house"
Development Details
Starting Prices
Here are the top reasons to consider investing in Ardea by Wesgroup in the River District:
Lowest prices for concrete homes in the City of Vancouver, starting in the $500s.
Ardea, upon completion, will be the development nearest to the community's most desired amenities: the 1.5 km shoreline trail, sports field, and elementary school.
It's the first waterfront building in the master-planned community. Coupled with an affordable price point, the premium location will ensure strong value appreciation relative to other comparable resales in the future.
Modern and unique amenities, enhancing resale value compared to other available homes.
Timing for purchasing is ideal, as retail is attracting more people to the community, increasing River District's popularity.
The price difference between River District and comparable Burnaby & Coquitlam concrete (high-rise) development is minimal, offering a great opportunity to benefit from competitive developer pricing.
A reputable developer with a well-established track record of quality construction.
Strong fundamentals in the rental market - great for investors looking to park money in a quality asset.
A community that's investing in infrastructure and amenities.
High demand for newer properties. First-time buyers and young families across Metro Vancouver choose the River District due to its convenient location, modern city planning, and proximity to central Vancouver corridors.
Pricing is extremely competitive compared to other currently selling presale projects and recently completed product in the neighbourhood.
Great opportunity to purchase a building slated to complete in Spring 2028 (4+ years from now), but for the price of recent comparable resales (as of September 2023).
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