Somerset Lane - 16363 85th Avenue Surrey, BC V4N 3K1, LMS4 - located at the corner of 85th Avenue and 164 Street in the desirable neighbourhood of Fleetwood in Surrey. Somerset Lane offers 47 luxury townhomes built in 1992 and are well managed. Homes feature three and four bedrooms with master ensuite, quality soaker tubs, large family rooms, in-suite laundry and cozy gas fireplaces. This is a quiet, gated community that is central restaurants, shopping, coffee shops, Kennedy park, public transit, major transportation routes, Hellings Elementary, rec centre, Norht Delta Secondary, Wal-Mart and much more! Homes include a side by side double garage, one additional parking space and private decks with a spacious backyard. This is a well maintained complex that offers a clubhouse and visitor parking. Somerset Lane is a safe and quiet community that is ideal for townhome living - live at Somerset Lane!
Strata Sub Categories: Strata Townhouses
Somerset Lane Technical Info
||16363 85th Ave
|Listing Price Range
|Units in Development: ||47|
|Units in Strata:||47|
|Sub Categories:||Strata Townhouses
|Strata Plan Log-in
|Title to Land
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December 2018 Market Insights
REBGV Housing Market Update For Novemberr 2018
Sales for November were down 43% from the same period last year. 3,461 new listings were recorded in November
Housing Market Update (December 2018)
Home sales across the province were down 33% in November compared to last year. Listings were up 31% compared to last year
REBGV Housing Market Update For October 2018
Sales for October are down 35% compared to last year. October had 4,873 new listings.
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BCREA Housing Market Update (November 2018)
Homes sales across the province down 26% compared to last year. Listings were up for the 4th consecutive month.
Real Estate Related News Articles(Sun and Province)
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Ins and outs of vendor take-backs
Brokers Dalia Barsoum and Enza Venuto explain the pros and cons of using vendor take backs.
Whether you are starter or veteran investor, mastering the ins and outs of financing and getting the right advice is crucial to your continued success.
Mastering the ins and outs of financing is crucial to success #LesTwarog
||Canadian Real Estate Wealth
Home prices trended lower in the second half of last year
The Teranet-National Bank National Composite House Price Index was down 0.3% in December compared to the previous month, continuing a trend of most metropolitan markets in recent months.
Canadian home prices slipped back in the second half of 2018 #LesTwarog
BC Home Sales Decline 25% in 2018
BC home sales fell below the 10-year averageof 84,800units in 2018,” said CameronMuir, BCREA ChiefEconomist. “The sharp declinein affordability caused by theB20 mortgage stress test islargely to blame for decline inconsumer demandlast year.
BCREA Reports a Decline in Home Sales #LesTwarog
High cost of housing sparks exodus from Vancouver
Statistics show that Vancouver, and B.C. generally, is losing skilled workers to other parts of the country.
CMHC spokesman Leonard Catling said one of the main reasons people between the ages of 21 and 25 come to Metro Vancouver is for university but they move out as they get older.
Vancouver lost 1200 people to other provinces in 2018 #LesTwarog
||Canadian Real Estate Wealth
Canada’s home prices recovering from "significant correction"
Canada’s home prices increased 4% year-over-year in the fourth quarter of 2018, a sign of the market recovering from “the most significant housing correction” since the financial crisis.
Canada’s home prices increased 4% year-over-year #LesTwarog