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Receive more information about Lotus
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Thank you for visiting
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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
Lotus -16355 82nd Avenue,Surrey,BC,V4N 0P4, Strata Plan BCS3220, built 2010 - Located on at 164th Street and 82nd Avenuein Fleetwood Surrey. Developed by Legendary Developments, Lotus Condo townhomes offers a total of 70 townhomes in a selection of two, three and even four bedroom floor plans. These spacious floor plans include a gourmet kitchen complete with island, granite counters, stainless steel appliances, shaker style maple cabinets. Quality construction that features Hardi Plank exterior, engineered silent floor system, upgraded lighting & plumbing fixtures, and laminated fiberglass shingle roof with 40 year warranty. Fully landscaped backyard which range from 20'-25', big backyards are hard to find in new developments. Location is one of the key benefits of living at the master-planned Fleetwood community at Lotus Townhouses with an elementary school just 1 block away, the Surrey Sports and Leisure Centre, the largest Canadian community centre, in addition to White Rock,GreenTimbersUrbanPark, golf, public transportation and major routes.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 30,944 in 2020, a 22.1 percent increase from the 25,351 sales recorded in 2019, and a 25.7 percent increase from the 24,619 homes sold in 2018.
November 2020 Market Insights
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
Real Estate Related News Articles(Sun and Province)Search News
Covid-19 pandemic cause increase demand for housing
“In the absence of a marked uptick in inventory, the current relationship between demand and supply supports continued double-digit average home price growth this year,” the real estate board’s chief market analyst, Jason Mercer, commented in the report.
The province has already introduced and extended a rent freeze during the COVID-19 pandemic, and it says in a news release Monday that new legislative changes will keep it in place through Dec. 31.
The pros and cons of purchasing the upgraded condo building compare to the newly build one
“Capacity is also a problem—most managers struggle to keep up with their day-to-day activities, so targeting reductions doesn’t happen much because they’re trying to keep their heads above water.”
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