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Building & Condo information

Chelsea Place

10751 Mortfield Road


Richmond, V7A 2W1 VRI54 - South Arm

  • Levels: 2
  • Suites: 30
  • Status: Completed
  • Built: 1972
  • Title To Land: Freehold Strata
  • Building Type: Strata Townhouses
  • Strata Plan: NWS45
  • Management company:  Self Managed
  • Bldg#: 268

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Building Info

Chelsea Place-10751 Mortfield Road, Richmond, BC V7A 2W1, NWS45. This complex consists of 12 townhouse units at 10751 and 18 townhouse units at 10771 Mortfield Road. Chelsea Place is a 2 level complex that has 30 suites, self-managed and was built in 1972. This fantastic townhouse complex features great outdoor pool, gate access to the Park, great landscaping, fenced back yard, low maintenance fee. Truly one of the most sought after townhouse complexes in Richmond. Pool and tennis courts are just steps away. It is close to Hugh McRoberts Secondary School, South Arm Community Centre, Childs World Preschool, South Arm Outdoor Pool, Walter Lee Elementary School, John T Errington Elementary School, Creative Expressions Preschool, Richlea Shopping Centre, Maple Lane Elementary, Richmond Country Club. Crossroads: Steveston Highway and No. 4 Road. 

Strata Sub Categories: Strata Townhouses
 

Chelsea Place Technical Info

Building Name Chelsea Place
Address 10751 Mortfield Road
City Richmond
Neighborhood South Arm
Listing Price Range N/A
Floors 2
Units in Development: 30
Units in Strata:30
Property Types Freehold Strata
Sub Categories:Strata Townhouses
Year Built 1972
ManagementSelf Managed
Restrictions Details
Strata Plan NWS45
Title to Land Freehold Strata
  

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Other Buildings in Complex/Area

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  4. D Stornoway - 10220 RYAN ROAD - NWS498
  5. E Stornoway - 10240 RYAN ROAD - NWS498
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June 2020 Market Insights | REBGV

BCREA Housing Market Update (July 2020)

Sales in BC for June are up 17% from last year. Listings in June are still below average.

Understanding the Buyer’s Agency Exclusive Contract

what are the information that need to know about the Buyer's Agency Exclusive Contract.

May 2020 Market Insights

Sales for May are up 34% from April and down 44% for May last year. Listings are down 37% from the same period last year, but 59% increase over April listings

BCREA Housing Market Update (June 2020)

Province May sales were down 45% compared to May 2019. Listings are down 10% year-over-year.

Real Estate Related News Articles(Sun and Province) Search News  

Mandarin 
# Article Publish Date Source
1 Bill 197 condo owners needs to know

While Bill 197 is unlikely to make headlines for its real estate components – it is an exceptionally broad piece of legislation – it could lead to increased costs for developers. Anyone who has dabbled in the new construction space will know what that means.

“At the end of the day, when they say ‘The developer has to pay this, and the developer has to pay that,’ there’s only one person who pays for that – that’s you and me who buy the house,” says Leor Margulies of Robins Appleby Barristers and Solicitors. “The developer doesn’t pay for anything. If the cost is too high, he doesn’t do the project. If the cost can be passed on in a purchase price, then the purchaser pays for that.”


Will Bill 197 make condos more expensive for Ontario home buyers? #LesTwarog
2020/07/30 Mortgage Broker News
2 The impact of Covid-19 increasing the rental availability in downtown Toronto

“The influx in inventory gives renters more options to choose from at a better price, which is a very different picture from last year when rental vacancies were at an all-time low.”


Zoocasa: Rental supply up 257% in downtown Toronto #LesTwarog
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3 1 out of 10 Canadians thinking to move back home

Approximately one million Canadians (4 per cent) said they are thinking of moving in with family. 

Of those moving, by far the biggest trend are grown adults moving back in with their parents. About 1.5 million Canadians have said they have moved home due to the COVID-19 crisis, and 860,917 parents have said their kids have already moved back in. 


One million adults plan to move back home #LesTwarog
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4 Teranet-National Bank data report that housing market will slowdown

Teranet addressed the optimism shown in other reporting data. The organization remained cautious, however, about the state of Canada’s housing market. 

“According to CREA, overall Canadian home sales returned to a more normal level, and this should be soon reflected in land registries,” the release reads. “But question marks still lie ahead. We expect the Canadian unemployment rate to remain elevated for a while. In this context, demand for housing may decrease due to a reduction in immigration and would-be first-time homebuyers not being able to qualify for a mortgage loan.”


Despite recent sales activity, fresh Teranet-National Bank data points to decl
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5 The road to a full recovery, defined as economic activity reaching its pre-COVID-19 level, B.C

British Columbia is poised to weather the economic uncertainty of the COVID-19 better than all other provinces, according to a new report from Deloitte Canada.

“The B.C. economy will be the outperformer, posting the mildest downturn and returning to pre-COVID levels the quickest,” Deloitte Canada chief economist Craig Alexander wrote in a June 25 outlook.


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