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Receive more information about Laurel on Mill Lake
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Thank you for visiting
bccondos.net. You have requested to Contact one of our very skilled local realtors but have informed us you are currently working with a Realtor. Unfortunately since you have an agency relationship with that realtor, we
cannot interfere. If you choose to work with our area specialist instead, please click “NO” and continue with the request form. Change answer to "No" I am not working with a realtor
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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
Laurel on Mill Lake - 33160 Plaxton Crescent, Abbotsford, BC V2S 1V9, Canada. Located at Plaxton Crescent & Ware Street in the neighbourhood of Central Abbotsford. Laurel is comprise of 35 condos + 7 townhomes, 6-storey concrete & woodframe building. Laurel overlooks peaceful Mill Lake with spectacular views of Mount Baker. Condo floor plans are a mix of 1-bedroom + den and 2-bedroom layouts. The seven 2-storey townhomes all have 2-bedroom plans with four facing the lake to the west and three opening onto Mill Lake Park to the south.
Residents will appreciate not only the picturesque setting, but the variety of community amenities only steps away. Enjoy walking, jogging, and cycling at the pathway arround the lake. Playgrounds, several picnic areas, a dock & boat launch, baseball & softball diamonds, a beach volleyball court, splash park, and an outdoor pool.
The RE/MAX® brand delivers notable advantages – for agents with a RE/MAX brokerage
As the 2024 RE/MAX vs. The Industry report shows, RE/MAX agents are the most productive, meaning they close more transaction sides than other real estate agents, on average. In fact, RE/MAX agents closed an average of 11.8 transaction sides throughout 2023, nearly double that of the competition
But productivity isn’t the only place RE/MAX shines. The annual report, which ranks the results of national, full-service brokerage brands in the U.S., also highlights that the balloon-backed brand dominated in unaided brand awareness at 36.4%.
Canadian mortgage payments went from virtually nothing to very high
Canadian mortgage payments went from virtually nothing to the highest level in well over a decade, inflicting pain on mortgage borrowers. However, the value of homes also surged. In fact, from the rate cuts that sent home prices surging in March 2020 to the end of 2023, the growth rate of home prices outpaced the increase in the average mortgage payment on file at Equifax. This was true in most of Canada’s largest cities, especially in Eastern Canada where the average household’s payment significantly lagged home price growth.
Canadian Home Values Climbed Faster Than Mortgage Payments
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.
SERENE LAKEFRONT LIVING IN ABBOTSFORD • 42 contemporary townhomes and apartments located on the shores of historic Mill Lake in Abbotsford • Select from a variety of large two, two plus den, and three bedroom homes perfect for lifestyles of all kinds • With home on the water’s edge, explore the picturesque lakefront, a neighbouring park, and lake trails only steps away from your front door • Surrounding community amenities include restaurants, grocery stores, Sevenoaks Shopping Centre, golf courses, and more
A TIMELESS WELCOME • West Coast-inspired architecture by David Tyrell Architecture respectfully enhances and complements its natural setting • Lush landscaping between the building and lake, with local plantings and an iconic monkey tree • Private pathway connects the Laurel community to lake boardwalk in mere steps • Modern industrial aesthetic throughout common areas, with metal fi nishes, concrete walls, and wood-panel accents
AMENITIES INVITE CONNECTION • Enjoy over 1,645 square feet across a green patio with an outdoor fi replace where you can gather with friends, neighbours, and family • Raised garden beds, tools, and benches create a peaceful atmosphere for gardening • In-building car wash
SPACIOUS AND CONTEMPORARY • Large homes with e cient layouts o er plenty of space for a variety of furniture, such as your hutch and family-sized sectional • Timeless interiors with two beautiful colour schemes, Light and Dark, designed by i3 Design • Luxury vinyl plank fl ooring fl ows throughout, with option to upgrade to engineered hardwood • An abundance of closets for easy organization, plus additional millwork pieces available to customize your home • Roller shades throughout with blackout roller shades on bedroom windows • Screens on all windows and sliding doors • Samsung steam-wash, super-speed washer, and multi-steam dryer • Convenient laundry closet features laminate countertop atop side-by-side washer and dryer (select homes) • Air conditioning for a perfect climate in warmer months, with option to add more vents throughout your home • Surface-mount LED lighting throughout • Wide balconies, decks, or terraces with views of Mill Lake or Mt. Baker for idyllic outdoor lounging, dining, and hosting
PEACE OF MIND • Private storage lockers available • All homes receive one parking stall with additional available for purchase • EV-wired stalls for all parking • Enhanced security features • Well-lit parking garage • Secured fob access per fl oor • Exclusive Telus package for internet and tv (ask our team for details)
Restrictions
Restrictions updated:
January 2011
Construction Information
Year Built
2026
Levels
6
Construction
Concrete
Strata Information
Strata Plan #
Units in Development: 42
Units in Strata: 42
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