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The Rail District MLS® Listings
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Building Info
The Rail District - 33750 Pine Street, Abbotsford, BC, Canada. Crossroads are Trinity Street and Pine Street. Estimated completion in 2022. Developed by Infinity Properties.
An exciting new chapter is coming to the community of Historic Downtown Abbotsford. A place that was once the historic Clayburn Brick factory will soon become one of the most desirable places to live in the Fraser Valley. Over the next few years, the Rail District will see the emergence of 5 new family-oriented neighbourhoods: Railside, Hillside, Brickyard, Ridgeline, and The Rail Plaza. Built proud by local developer, Infinity Properties, each neighbourhood will feature townhomes, condos, retail and/or office space with access to the brand new Rail Trail, making this area even more walkable. These well-connected neighbourhoods will reflect the unique characteristics of the land, its history, and its contemporary amenities. Its a place to call home.
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.
RAIL DISTRICT COMMUNITY Thoughtfully designed master-planned community. Completed Rail Trail connecting the site from Pine Street to McCallum Road Plaza event space fostering connectivity and impromptu meet ups 13,400 sf of boutique retail space.
Access to “The Station” amenity building: • Outdoor BBQ area • Fireside lounge with kitchen and dining • Fitness centre • Bike repair room • Dog wash • Business centre & meeting room • Childrens’ play area • Outdoor seating & activity space • Sports court • Swimming pool
BUILDING AMENITIES Indoor/outdoor amenity for dining and entertainment. Outdoor green space where homeowners can enjoy BBQ, game area, long table dining, children’s playground, and dedicated dog park area with washing station. Spacious individual out-of-suite storage On-site car wash. Provision for EV charging in all stalls. Parcel delivery lockers. Ample visitor parking
HOME AMENITIES White or Wood tone interior colour schemes. Natural laminate wood floor in living areas. Plush carpeted bedrooms. Convenient flex rooms intended to adjust to individual needs (select plans). Contemporary roller blinds to optimize natural light and control UV protection. Expansive windows with airy 9' ceilings in living and bedrooms. Select 6th floor homes feature vaulted ceilings. Stacked full size washer and dryer. Covered patio spaces including gas quick connect BBQ box. Surface mount lighting in kitchen, bathrooms, and hallways.
DESIGNER KITCHENS A combination of flat panel and modern shaker (dependent on colour scheme) accented by matte black handles Luxurious porcelain tile backsplash Under-cabinet LED task lighting Timeless quartz stone countertops Matte black faucet with precision spray Rotating corner cupboard Single bowl stainless steel undermount sink Dual roll out recycling bin Separate pantry for additional storage (select plans) Soft-close doors and drawers Convenient USB charger in island Kitchen islands with designer black pendant light 30" fully integrated pull out range hood
KITCHEN AID STAINLESS STEEL APPLIANCE PACKAGE Full size 36" French door counter depth refrigerator with ice maker and interior water dispenser 5 burner gas convection range Dishwasher with 3rd level utensil rack Microwave in island
BATHROOMS Soft-close drawers and doors Sleek undermount sink for maximum counter space Elegant porcelain tile flooring and walls Ensuite glass shower (select plans)
SECURITY & TECHNOLOGY Lobby entrance intercom to receive visitors Secure key fob entry system for the elevators, building lobby, common areas, underground parking 24/7 security cameras in key locations Fully secured underground parking with well-lit common areas & pedestrian walkways Energy efficient motion sensors on parkade lights Security alarm included with ground floor homes
PEACE OF MIND & CONVENIENCE Dedicated homeowner customer care team Electric baseboard heating system ERV system to reduce energy loss while producing healthy fresh air Energy-saving double-glazed windows for all season comfort Hardwired smoke and CO2 detectors in all homes and common areas Comprehensive warranty protection by Travelers 2-year material and labour warranty 5-year building envelope warranty 10-year structural warranty
CUSTOMIZE YOUR HOME Laminate flooring in bedrooms Barn doors on dens (select plans) Air Conditioning for year round comfort
Restrictions
Restrictions updated:
January 2011
Construction Information
Year Built
2022
Levels
3
Construction
Concrete
Strata Information
Strata Plan #
Units in Development: 600
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