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Summerlea Pointe MLS® Listings
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Building Info
SummerLea Pointe - 15677 24 Avenue, Surrey, BC V4A 2J6, LMS1573 - located in King George area of South Surrey/White Rock, near the crossroads 24th Avenue and 156th Street in a convenient neighbourhood of Surrey. Summerlea Pointe is close to Neighbourhood Art Studios, Criterion 4 White Rock, Canada Safeway, Walmart, Future Shop, Morgan Heights Linear Park, Golf Town, Steve Nash Sports Club, The Brick and a lot of Beauty Salons. The restaurants in the neighbourhood are Bucky's West Coast Pizzeria, ABC Country, Tim Hortons, International House of Pancakes, Five Guys Burgers and Fries, Original Joe's Restaurant and Bar, Montana's Cookhouse, De Dutch and BBQ House. The residents of SummerLea Pointe have easy access to Vancouver-Blaine Hwy, King Gearge Boulevard and Marine Drive. The SummerLea was built in 1995 with a frame-wood construction and wood exterior finishing. There are 44 units in development and in strata. This is an adult-oriented community with an age restriction of 19 years. This complex offers a lounge, in-suite laundry and a club house. Most homes feature high ceilings, crown moldings, private backyards and double garages. A lot of homes were renovated and offer hardwood floors, new kitchen appliances and carpets.
REBGV 23% increase on Listing in MLS from last year. For November 2020 over 4068 newly listed. Continuing demand for Detached Home and Townhouse with the benchmark price of $1,044,000
October 2020 Market Insights
October 2020 showing a robust Sales-to-Active Listing Ratio with a high mark of 30% means that Market conditions prices typically stable based on the given the baseline of 12-20%. Based on this given data the continued demand for Townhomes, Detached Homes
September 2020 Market Insights
September had a fantastic sales of 56% over the same period last year. Listings were 32% over last year
August 2020 Market insights
Home sales in August were up 37% over August 2019. Listings weere 55% over August 2019
Real Estate Related News Articles(Sun and Province)Search News
The speculation and vacancy tax is designed to turn empty homes into housing for British Columbians, and ensure foreign owners and those with primarily foreign income contribute fairly to B.C.’s tax system.
The latest housing boom has also driven eye-popping price increases in areas that remain affordable
This time, though, the faster property appreciation isn’t happening in Vancouver and Toronto, two of Canada’s priciest markets, but in areas that were — at least until recently — affordable.
Housing experts doubt that the tax has had much effect on either the rental market or affordability
“This change in behaviour, and the tax continuing to capture speculators while exempting almost all British Columbians, shows this tax is working for the people of our province,” Finance Minister Selina Robinson said in the statement.
2021 multi-family deal of the year by InterRent, Crestpoint pay $292.5M in Vancouver
To put this $292.5 million deal in perspective, it represents more than 40 per cent of the total multi-family sales volume through the first three quarters of 2020 across all of Metro Vancouver.
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