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Nicomekl Garden MLS® Listings
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Building Info
Nicomekl Garden at 5420 208 St Langley, BC V3A 2J9 Canada. Located at Douglas Crescent & 208 Street in the neighbourhood of Langley City. Nicomekl Garden is a new condo development by Royal Columbia Development Corp. Comprise of 40 elegant units, 4 stories and the development is scheduled for completion in summer 2022. Featuring 9 ceilings, open concept living, stainless steel appliances, air conditioning, high quality cabinets and flooring. Sizes range from 871 to 884 square feet. Architect designed by Pacific West Architecture Inc.
Nicomekl Garden, the newest addition of modern condominiums positioned on the edge of Downtown Langley, just 10 minutes of leisure walking away from the future SkyTrain Station. Nicomekl Garden is a part of a lively surrounding, just steps from plaza, grocery stores, boutiques, and restaurants. Nicomekl Trail at your door step offers optimal enjoyment of tranquil nature.
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.
Boen laminate flooring throughout all living spaces
Stainless steel closet & passage door hardware
Sliding glass panels with aluminum frame & diffused white lami glass in select bedrooms
Expansive windows
Air conditioning
Minimal folding glass window walls or sliding glass doors in select homes
Wall-mounted linear electric fireplace integrated into feature wall
Gourmet Kitchens
Monogram collection of professional-grade appliances
Custom soft-close cabinetry with undercabinet puck lighting
Quartz countertops, waterfall gable, backsplash in select homes
Stainless steel sink
Pullout stainless steel kitchen faucet
Bathroom Sanctuaries
Quartz countertops
Oversized porcelain tile on walls & floors
Undercabinet strip lighting in en suites
Custom medicine cabinets & integrated LED strip lighting in en suites
Amenities at Nicomekl Garden Residents will enjoy shared use of a gym and a multi-function room that features a full kitchen, 8-seat dining table, lounge, and outdoor patio.
Features/Amenities from other sources
Elevator
Exercise Centre
In Suite Laundry
Playground
Maintenance Fees Include
Garbage Pickup
Gardening
Hot Water
Management
Sewer
Snow Removal
Water
Restrictions
PETS ALLOWED
RENTALS ALLOWED
Restrictions updated:
January 2011
Construction Information
Year Built
2022
Levels
4
Construction
Frame - Wood
Roof
Asphalt
Foundation
Concrete Slab
Exterior Finish
Cement Fibre Siding
Strata Information
Strata Plan #
Units in Development: 40
Units in Strata: 40
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