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Building & Condo information

Somerset Lane

16363 85th Ave


Surrey, V4N 3K1 F34 - Fleetwood Tynehead

  • Levels: 3
  • Suites: 47
  • Status: Completed
  • Built: 1991
  • Title To Land: Freehold Strata
  • Building Type: Strata Townhouses
  • Strata Plan: LMS4
  • Bldg#: 1906

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Somerset Lane MLS® Listings

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Building Info

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

Building Name Somerset Lane
Address 16363 85th Ave
City Surrey
Neighborhood Fleetwood Tynehead
Listing Price Range N/A
Floors 3
Units in Development: 47
Units in Strata:47
Property Types Freehold Strata
Sub Categories:Strata Townhouses
Year Built 1991
Restrictions Details
Strata Plan LMS4
Strata Plan Log-in LMS4
Title to Land Freehold Strata
  

Somerset Lane Building & Common Area Photos

16363 85 Ave, Surrey, BC
16363 85 Ave, Surrey, BC
16363 85 Ave, Surrey, BC
16363 85 Ave, Surrey, BC

Somerset Lane Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A Camelot Village - 16388 85 AVE - LMS4352
  2. B Monta Rosa - 8567 164TH STREET - LMS366
  3. C The Encore At Maple On 164th - 8433 164TH STREET - BCS4445
  4. D Wapella Place - 16275 85TH AVE - LMS393
  5. E Monta Rosa - 8497 164TH STREET - LMS366
  6. F Wapella Place - 16225 85TH AVE - LMS393
  7. G Wapella Place - 16255 85TH AVE - LMS393
  8. H The Rockwoods - 16241 84th AVE - BCS4509
  9. I Lakewood Green - 8560 162ND STREET - NWS3278
  10. J Fleetwood Gate - 16180 86TH AVE - LMS73
  11. K Serenity Gardens - 15933 86A AVE - BCS2745
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January 2021 Market Insight

December 2020 Market Insights

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  

Mandarin 
# Article Publish Date Source
1 Q1 net income increase compare to previous quarter

The bank’s capital position remained “robust”, with a CET1 ratio of 12.5% “supporting strong volume growth and $1.5 billion in common share dividends paid.” RBC also boasted of a strong average Liquidity Coverage Ratio (LCR) of 141%.


RBC reveals Q1 financial results #LesTwarog
2021/02/24 Mortgage Broker News
2 BMO has reported as a higher trading revenue in 2021

This was just one-third of what analysts previously estimated.


BMO reports strong fiscal Q1 #LesTwarog
2021/02/23 Mortgage Broker News
3 Less supply high demand in 18 Canadian Cities

According to CREA, as the spring market approaches, the current pace of home sales growth might be inhibited by an evident lack of supply, particularly in Ontario markets, to meet growing home buyer demand. 


18 Canadian Cities With Below Average Home Prices And Sample Listings #LesTwarog
2021/02/23 The Vancouver Sun
4 Canada export terminal located at Kitimat salvaged B.C construction pace in 2020

Investment into both residential and private non-residential projects also cooled, and despite recent price gains, housing starts steeply declined. 


Major projects salvaged B.C. construction in 2020 #LesTwarog
2021/02/22 Western Investor
5 2021 industrial real state vacancy rate below 1 percent for the first time - CBRE

Demand for industrial space appears driven by distribution space needed by large retailers and the e-commerce sector.


Metro Vancouver industrial vacancy rate flirting with zero #LesTwarog
2021/02/19 Western Investor
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