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Building & Condo information

Magnolia Gardens

10900 No 2 Road


Richmond, V7E 2E3 VRI50 - Woodwards

  • Suites: 12
  • Status: Completed
  • Built: 1991
  • Building Type: Strata
  • Strata Plan: NWS3128
  • Bldg#: 325

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Magnolia Gardens MLS® Listings

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Building Info

Magnolia Gardens-10900 No. 2 Road, Richmond, BC, V7E 2E3, NWS31282. It is located on N 2 Road at Steveston Highway. This 2 level self-managed complex has 12 units and was built in 1991. It features radiant heat, fireplace, skylights, fully fenced backyard, double side-by-side garage. This is a convenient location that is close to transit, Steveston Village, the Dike, Steveston-London Secondary, Westwind Elementary, James McKinney Elementary, John G Diefenbaker Elementary, Robert Alexander McMath Secondary, Safeway, restaurants, coffee shops, golf courses, nature trails, parks, Steveston Community Centre, recreation and much more! Direct access to major transportation routes allows an easy commute to surrounding destinations including Downtown Vancouver, YVR and Tsawwassen. 

Strata Sub Categories: Strata
 

Magnolia Gardens Technical Info

Building Name Magnolia Gardens
Address 10900 No 2 Road
City Richmond
Neighborhood Woodwards
Listing Price Range N/A
Units in Development: 12
Units in Strata:12
Sub Categories:Strata
Year Built 1991
Restrictions Details
Strata Plan NWS3128
  

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Other Buildings in Complex/Area

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May 2020 Market Insights

BCREA Housing Market Update (June 2020)

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

Market Insights April 2020

April Sales in COVID-19 time were down 40% from same period last year. Listings were also down by 60% from the same period last year.

BCREA Housing Market Update (May 2020)

Sales across BC fell 50% in April. Listing are down by 43%

March 2020 Market Insights

March sales were up 46% above last year. Listings are down 35% from last year

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

Mandarin 
# Article Publish Date Source
1 Conference Board of Canada foreseeable outlook for Canadian Real Estate economy

The Board’s Canadian Outlook Summary: Summer 2020, in contrast to projections made by institutions like the Canadian Mortgage and Housing Corporation, predicts less dramatic declines in housing prices, but its remaining insights track closely with projections that see the damage done to Canada’s economy at the hands of COVID-19 lingering well into 2021.


Conference Board releases mid-term outlook for Canadian real estate, economy #
2020/07/11 Mortgage Broker News
2 Prices steady as resale home sales increase Metro Vancouver's June housing sales up month-over-month and 17 per cent above June 2019 with prices higher than a year ago

The total number of homes currently listed for sale on the MLS system in Metro Vancouver is 11,424. That's 23.7 per cent down from the 14,968 homes that were listed for sale in June 2019, but up 15.1% per cent from the 9,927 listed properties in May 2020.

 

For all property types, the sales-to-active listings ratio for June 2020 was 21.4 per cent. By property type, the ratio is 19.9 per cent for detached homes, 25.2 per cent for townhomes, and 21.3 per cent for apartments. Real estate insiders tend to describe the market as a “buyers’ market” when the sales-to-active-listings ratio is less than 12 per cent, and a “sellers’ market” when that ratio is above about 20 per cent for several months in a row.

 

Sales of detached homes in June reached 866, up 16.1 per cent from the 746 detached sales recorded in June 2019. The benchmark price for a detached home was $1,464,200, up 3.6 per cent from June 2019, and up 0.5 per cent from May 2020.


Prices steady as resale home in Metro Vancouver housing sales on June-Q2, incr
2020/07/08 Western Investor
3 RE/MAX: COVID-19 can’t slow demand in Toronto real estate market

COVID-19 has not significantly deterred buyers in Toronto due to the market-friendly monetary and fiscal conditions driven by the federal government and the Bank of Canada, according to a RE/MAX analysis.

While employment levels have fluctuated and businesses have placed themselves on hold over the last few months, “at the same time, there has been sustained activity in the number of buyers compared to available listings,” RE/MAX said. “This is one of the chief factors in supporting price growth relative to last year’s pace, despite shifting market conditions.”


RE/MAX: amidst the Pandemic Toronto Real estate market is growing #LesTwarog
2020/07/08 Mortgage Broker News
4 CoreLogic launches AI driven platform for real estate agents

CoreLogic said that OneHome streamlines communication between agents and home buyers during the purchase process, while also providing access to financing, insurance and home improvement providers.


OneHome streamlines communication between agents and home buyers #LesTwarog
2020/07/07 other
5 Telling Tale of Two Hotel Sales in Victoria, an Award-winning Waterfront Property.

Sooke Harbour House made a name for itself internationally after Frederique and Sinclair Philip purchased the property in 1979. Their focus on locally grown food and seafood and a top-notch wine cellar earned them honours inside Canada and beyond. It has hosted movie stars and served as a movie-set location.


Telling tale of two hotel sales In Victoria, an award-winning waterfront prope
2020/07/06 Western Investor
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