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MLS® Disclaimer for BC: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Building Info
Douglas Green - 177 175a St, Surrey, BC V3S 9S4, Canada. Situated at 2nd Avenue and 175a Street. Douglas Green is a new condos and townhouse development by Panorama West Group. Scheduled completion in 2024. Douglas Green Living is a mixed-use community in South Surreys Pacific Douglas neighbourhood. Consists of 59 condominiums in two 5-storey mid-rises and 33 townhomes, divided between 3-storey tetra-plex and hexa-plex buildings and the south condominium building. Vehicle parking and bicycle storage is accommodated in an underground garage for condominium building residents. The lowrise townhomes have each have interior 2-car garages with either double-wide or tandem configurations. Community amenities include a landscaped courtyard, a multi-function room, fitness centre, and on the top floor of each mid-rise, a lounge with kitchen and terrace. Very convenient for cross-border shopping and taking road trips into the United States, such as skiing at Mt. Baker or baseball and football games in Seattle.
B.C. housing market showing signs of marginal improvement
B.C.’s housing market saw a slight improvement in March as home sales nudged higher following a 5.9-per-cent decline in February. Sales increased 0.7 per cent to reach 5,866 unit sales. Home prices rose 1.8 per cent. This said, housing momentum has waned in the last few months as buyer sentiment shifted amid interest rate uncertainty.
MLS home sales increased in most of the province’s real estate board areas. The Greater Vancouver area saw home sales increase by 1.4 per cent following a decline in the previous month. In Chilliwack, home sales increased only slightly—by just 0.5 per cent—while the Kootenays reported a 17.2-per-cent increase. Home sales also rose 9.4 per cent on Vancouver Island, and were unchanged in the Fraser Valley. However, the Okanagan-Mainline and South Okanagan areas recorded sales declines of 8.9 per cent and 19 per cent, respectively.
Lethbridge industrial market strengthens as options limited
Western Canada’s industrial markets are at an inflection point as demand normalizes and the pause that hit new construction last year begins to make itself felt.
Conservative market sentiment is now creating the conditions for stronger performance in 2024, Avison Young reports, with cities like Lethbridge poised to see a landlord’s market for industrial space.
Lethbridge reported a 4.1 per cent vacancy rate in the first quarter, up from 4 per cent at the end of 2023. But space under construction is down more than half from last year to 50,000 square feet, creating potential supply constraints.
That change will have significant implications for cottage owners. Many have seen the value of their properties skyrocket in recent years, which could cause them to kick the tires and sell before the higher tax rules kick in.
High-tech sensors in workplaces, postal-code analysis among tools for real estate strategies.
Driven by persistent return-to-in-person challenges, local companies are leveraging office space data to optimize the physical spaces they occupy.
Employee commute times and office space utilization data are informing companies’ strategies for encouraging in-person work and optimizing office layouts to meet long-term goals, according to those who spoke toBIV.
“As companies are revisiting or choosing to revisit their office space, they’re looking at a year to two years of real good data of who’s coming in, how often, what are they doing and what’s the purpose of the office for those people,” said Alain Rivère, vice-president of the high technologies group at CBRE.
Detached home starts decline as condo, townhome starts boom in 2023
The West Coast housing market saw a significant boost in construction activity last year, according to a new report by the Chartered Professional Accountants of British Columbia (CPABC).
The annualBC Check-Up: Investreport found that construction began on 35,553 housing units in southwest B.C. during the year, a 20.9 per cent jump compared with 2022. This marks the highest number of housing starts ever recorded in the region.
“Our members living in the Lower Mainland have consistently reported that housing prices are the biggest challenge facing B.C. businesses,” said Lori Mathison, president and CEO of CPABC, said in an April 18 statement.
DOUGLAS GREEN LIVING EMBRACES THE ARCHITECTURAL DESIGNS OF OUR 1 TO 4 BEDROOM CONDOS AND TOWNHOMES. INNOVATIVE & FUNCTIONAL DETAILS ADD TO THE INHERENT VALUE, TIMELESSNESS & QUALITY OF OUR HOMES. 64 CONDOS, 28 TOWNHOMES
2 Decorative Colour Schemes: Classic (dark) and Contemporary (light) Modern, decorative light fixtures Oversized double glazed windows Designer tile flooring in all bathrooms Elegant faucets High-capacity CAT-5 wiring with telephone/cable/data outlets throughout Pre-wired for cable, internet and phone line on each floor Full size in-suite laundry
KITCHEN
Quartz countertops with under-mount double bowl stainless steel sink and removable nozzle spray Contemporary single lever faucet Elegant tile backsplash Sleek cabinets with soft-touch close technology Full size stainless steel appliances: refrigerator, stove, dish washer, hood fan and microwave Garburator
BATHROOM
Large mirror with light bar Under-mount porcelain sink with modern single lever faucet Master with full stand up shower (townhomes only) and full height ceramic tiles Modern bathroom accessories
WARRANTY
2-5-10 year
Restrictions
Restrictions updated:
January 2011
Construction Information
Year Built
2024
Levels
5
Construction
Frame - Wood
Strata Information
Strata Plan #
Units in Development: 92
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