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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.
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Receive more information about Rydge by Raicon
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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
Leave my answer as "Yes" I am working with a realtor
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
Rydge by Raicon - 10640 248 St, Maple Ridge, BC V2W 1G6, Canada. A new Maple Ridge community of 61 townhomes coming soon from Raicon Developments with estimated completion in 2024 that offers a selection of 3- & 4-bedroom floor plans with select homes featuring an upper floor loft space. Located at 106 Avenue & 248 Street, this Albion neighbourhood is a tranquil place for families to plant their roots. Open-concept interiors are finished in a choice of two designer colour palettes. The bright, airy spaces boast oversized windows, 9 ceilings, and wide-plank laminate flooring. Kitchens include two-tone flat-panel cabinetry, stainless steel appliances, spot & task lighting, and a large kitchen island with breakfast bar seating.
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.
MODERN INTERIOR • Bright open-concept living with oversized windows • 9’ ceilings on the main floor and basement • Engineered luxury vinyl flooring throughout the main floor • Modern raised panel interior doors • Energy efficient LED interior pot lights methodically placed throughout • Airy upper floor loft space featured in certain plans • Durable quartzite countertops
KITCHEN • Designer cabinetry with soft close drawers • Spacious 24.0 cu.ft. counter-depth French Door Refrigerator • 5 burner gas slide-in convection range with built-in Air Fry • Dishwasher with 6 wash options and self-cleaning filtration system • Convenient slim over-the-range microwave with 400 CFM ventilation • Heavy duty ½ HP garburator • Convenient built-in USB port
PRIMARY OASIS • Elevated vaulted or tray ceiling* • Luxurious shower column featuring slide-bar, showerhead and overhead rainshower • Elegant frameless glass shower enclosure • Walk-in closet with solid shelving
BATHROOMS • European-inspired bath fixtures with adjustable slide bar & built-in pressure balancing • Sleek one-piece elongated comfort height toilets throughout • Minimalist single-lever faucets in polished chrome • Undermount sinks in white vitreous china • Designer porcelain tiles
THOUGHTFUL DETAILS • High efficiency forced air furnace • NAVIEN hot water system • Premium comfort 8lb carpet underpad (reduces wear and adds to the lifetime of carpet) • Roughed-in security system • Garage opener compatible with your smartphone • Pre-wired for A/C unit & EV charger • Smart Panel in garage • Roughed-in for BBQ quick-connect
PEACE OF MIND • 2/5/10 Home Warranty • Interior fire sprinklers • Low maintenance and durable pre-finished ColorPlus Hardie siding • Low-maintenance asphalt roofing • Lifetime limited waterproof warranty on vinyl flooring
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