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Roslyn Ridge MLS® Listings
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Building Info
Roslyn Ridge - 11305 232 Street, Maple Ridge, BC V2X 3R3, Canada. This new single family home development by Morningstar. The development is scheduled for completion in 2020. Sales for available units range in price from $919,900 to over $1,150,900. Roslyn Ridge has a total of 84 units. Sizes range from 3065 to 3215 square feet. Inside each home you will find the not-so-little details that make a Morningstar home extra special, one built with heart, pride and years of well-honed craftsmanship. Attention to detail can be seen both inside and out starting with beautiful exteriors complimented with accents of wood, stone and shingle. Be ready to be wowed when you step through the front door into the luxury that surrounds. Details such as built-in window seats add elegance and charm to bedrooms & dining rooms, extra-large windows flood the home with natural light while showcasing the greenbelt views and the kitchen islands are extra-large for families to enjoy a casual bite or to gather around with friends. Vaulted ceilings make the home feel grand while the well thought out master bedroom includes a sitting room and spa-like ensuite that allows for a true getaway experience without ever having to leave home. Attached double car garages make for easy access in/out of your home with fully fenced rear and side yards for added safety & privacy. Choose to finish your basement now or later with your growing family needs. Roslyn Ridge will feature four Show Homes so that you can experience first-hand what it will feel like to live there.
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.