Promenade

118 Carrie Cates Court, Vancouver, BC
Built 2019
117 units
Highrise
1 active

Promenade Floor Plans (7)

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About Promenade

Promenade is a concrete highrise located in Vancouver's Lower Lonsdale neighbourhood, completed in 2019 and containing 117 units under strata plan EPS6231. The building features a bike room, exercise centre, and recreation facilities for resident use. Amenities include concierge and caretaker services, professional management, and grounds maintenance. Utilities provided include gas, hot water, sewer, and water service, with trash removal and snow removal handled by the building. This modern residential community offers convenient urban living with comprehensive services and facilities.

Amenities

Bike Room
Exercise Centre
Recreation Facilities
Concierge

School Catchment

Investor Insights — Condos in Lower Lonsdale

Estimated rental yields based on MLS data for condos in Lower Lonsdale.

Type Beds Avg Rent Avg Sale Strata Net Yield
Condo 1 $2,603/mo $509,140 $448/mo 4.4%
Condo 2 $3,678/mo $876,742 $656/mo 3.6%
Condo 3 $6,058/mo $1,586,686 $974/mo 3.4%

Net yield accounts for strata fees, property tax, and insurance. View full analysis

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$800,000Median home value
$82,000Median household income
56.3%Owner-occupied
0.1%Single-detached homes
1.7Avg household size
45.6Median age
56.1%Bachelor's degree or higher (25-64)
62.7%Commute under 30 min
63.9%Drive to work
37.9%Foreign-born residents
6,375Neighbourhood population

Age

Under 15: 7.1%15 to 64: 69.9%65 and over: 23.1%
  • Under 157.1%
  • 15 to 6469.9%
  • 65 and over23.1%

Household size

  • 1 person48.7%
  • 238%
  • 39.3%
  • 43.1%
  • 5 or more0.9%

Language spoken at home

62.4% English mother tongue

  • Farsi8.2%
  • English + other3.1%
  • Korean3%
  • Mandarin2.3%
  • Spanish2.2%
  • French1.7%
  • All others17.1%

Mother tongue, share of 6,375 residents.

How this pocket differs

  • notably fewer children under 15 than Lower Lonsdale 7.1% vs 10.7%
  • more seniors 65+ than Lower Lonsdale 23.1% vs 17.5%
  • notably fewer 5+ person households than Lower Lonsdale 0.9% vs 2.7%
  • notably fewer 4-person households than Lower Lonsdale 3.1% vs 7.3%
  • notably more Korean speakers than Lower Lonsdale 3% vs 1.6%
  • more Farsi speakers than Lower Lonsdale 8.2% vs 6.1%
  • Median dwelling value is lower than Metro Vancouver $800,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

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