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Highgate Terrace

19645 64th Ave


Langley, V2Y 1L2 F63 - Willoughby Heights

  • Levels: 3
  • Suites: 45
  • Status: Completed
  • Built: 1990
  • Title To Land: Freehold Strata
  • Building Type: Strata Condos
  • Strata Plan: NWS3163
  • Bldg#: 2340

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Building Info

Highgate Terrace - 19645 64th Avenue, Langley, BC V2Y 1L2, Canada.  Strata Plan NWS3163 - Located in the popular Willoughby Heights neighbourhood in Langley on 64 Avenue and 196 Street. This is a prime location that is close to transit, Cambridge Elementary, Sullivan Heights Secondary, restaurants, Panorama Village shopping, recreation, medical services, parks and more! Direct access to major transportation routes allows an easy commute to surrounding destinations including Whiterock, Downtown Vancouver, Surrey and Delta. Highgate Terrace is a low-rise building and townhomes that offers 58 suites built in 1990 and are professionally managed. Carriage townhomes feature skylights, some homes have vaulted ceilings, oversized windows, insuite laundry, entertainment sized balconies, single garages and visitor parking. Condominiums feature spacious open floor plans, insuite laundry, oversized windows, cozy fireplaces and private balconies that boast mountain and greenbelt views. This is a well maintained complex with recent updates including a new roofs and gutters in 2009. Complex features include a 3 amenitiies including a party room, lounge with exercise equipment,  and a quite loounge room on the 3rd floor, visitor parking, manicured gardens and a gated entrance for extra privacy and security. The condo building offers storage lockers, elevators, wheelchair access and secured parking for residents. No pets allowed with the exception of townhouses where a size restriction is applied. No rentals allowed in the complex. Highgate Terrace is an adult oriented community (45+) set within a quiet neighbourhood in Langley.

 

Strata Sub Categories: Strata Condos
 

Highgate Terrace Technical Info

Building Name Highgate Terrace
Address 19645 64th Ave
City Langley
Neighborhood Willoughby Heights
Listing Price Range N/A
Floors 3
Units in Development: 45
Units in Strata:45
Property Types Freehold Strata
Sub Categories:Strata Condos
Year Built 1990
Restrictions Details
Strata Plan NWS3163
Title to Land Freehold Strata
  

Highgate Terrace Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A Highgate Terrace - 11635 64TH AVE - NWS3163
  2. B Highgate - 19664 64TH AVE - NWS3163
  3. C Logans Reach - 6415 197TH STREET - BCS339
  4. D Willow Park Est. - 6467 197TH STREET - NWS2536
  5. E Yale Bloc - 19557 64th AVE - EPS3429
  6. F The Kingsway - 6440 197TH STREET - LMS273
  7. G The Kingsway - 2490 197TH STREET - LMS273
  8. H The Westside - 19721 64TH AVE - NWS3303
  9. I The Davenport - 19750 64TH AVE - LMS2629
  10. J Rockport - 6336 197TH STREET - LMS3074
  11. K Cheriton Park - 19797 64TH AVE - NWS2845
  12. L Rosewood - 6359 198TH STREET - LMS3087
  13. M Waterstone-esplanade - 6480 194 STREET - BCS3648
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September 2021 Market Insights

August 2021 Market Insights

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,152 in August 2021, a 3.4 per cent increase from the 3,047 sales recorded in August 2020, and a 5.2 per cent decrease from the 3,326 homes sold in July 2021.

July 2021 Market Insights

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,326 in July 2021, a 6.3 per cent increase from the 3,128 sales recorded in July 2020, and an 11.6 per cent decrease from the 3,762 homes sold in June 2021.

June 2021 Market Insights

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,762 in June 2021, a 54 per cent increase from the 2,443 sales recorded in June 2020, and an 11.9 per cent decrease from the 4,268 homes sold in May 2021.

May 2021 Market Insights

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,268 in May 2021, a 187.4 per cent increase from the 1,485 sales recorded in May 2020, and a 13 per cent decrease from the 4,908 homes sold

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5 Canadians hoping to enter the housing market to homeownership for qualified first-time buyers

 It remains to be seen whether proposed tweaks can revive the much-maligned federal program

On paper, it seemed a welcome break for Canadians hoping to enter the housing market: a federal incentive program aimed at reducing the monthly mortgage burden and easing the passage to home ownership for qualified first-time buyers.

Over two years after its introduction, though, the jury is still out on whether the First-Time Home Buyer Incentive, unveiled by the federal government in September 2019, has had any significant impact in addressing the mounting challenges faced by would-be homeowners across the country.

Figures released to Parliament in April painted a damning picture of the program, revealing that it had seen an uptake of just over 9,000 successful applicants since its introduction – with the $170 million released in incentives representing a small fraction of the program’s $1.25 billion overall value.

One of the most significant stumbling blocks in the incentive, which offers mortgage relief through a shared-equity program between homebuyers and the government, appeared to be the fact that ever-soaring house prices across much of Canada meant that it had little impact on prospective buyers in the country’s hottest markets.

While the government introduced changes to the program late last year – announcing increased household income and buyer’s income thresholds for Vancouver, Victoria and Toronto – those amendments still meant that the program’s maximum eligible home price remained well below the going rate in those markets.

The program has faced staunch opposition from the get-go, with Conservative MPs Tom Kmiec and Stephanie Kusie urging the government to scrap the scheme in May 2020 after it had been in operation for less than a year.

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Still, the governing Liberals have stuck resolutely by the plan, announcing in their platform prior to September’s federal election – in which they were returned to government, having emerged once more as the largest party in Parliament – that they would retain and rejig the scheme if re-elected.

Under that platform’s proposals, changes to the program would give applicants a choice between the current shared-equity approach and a loan that’s repayable when the property is eventually sold – theoretically allowing new homebuyers to keep more of any increase in their home’s value while also reducing mortgage costs.

CanWise Financial president and RateHub co-founder James Laird told Canadian Mortgage Professional in recent weeks that the First-Time Home Buyer Incentive was an “illogical, complex program” that made little sense and should have been abandoned completely, rather than reworked.

In Newfoundland and Labrador, Robert Jennings (pictured top), owner and mortgage broker at East Coast Mortgage Brokers, said that while the scheme was often raised as a topic among clients, actual uptake had proven limited.

“I would say we have a fair amount of conversations, but it doesn’t lead to a lot of usage,” he said. “The usage rate is very low. I believe if I were to pinpoint it, the lean on the property [government involvement] would be really discouraging to a young, proud first-time homebuyer.

“I feel like maybe in Newfoundland in particular, there’s a home ownership pride that they don’t want to share or give up… Of course, there’s the eligibility issues as well. It seems like in a lot of cases trying to put a square peg in a round hole.”

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While Jennings said that the scheme had arguably fallen short in its attempts to create a smoother path to first-time home ownership, he believes efforts at a federal level to address the country’s growing housing affordability crisis are to be applauded.

“Everybody made it a big deal in their platforms – not just first-time home ownership, but home ownership in general and affordability,” he said. “I just really hope that they re-evaluate everything.

“They had good intentions, but I feel like they missed the mark. There’s no reason not to try; the problem’s not going away. I’d like to see what happens when the dust settles and I hope that it [the housing crisis] remains a priority, because they certainly made it seem like it would on the campaign trail.”

A good place to start, Jennings said, would be for the federal government to work collaboratively with stakeholders and those who work daily in the mortgage and housing industries – whether that be on changes to the stress test or potential longer-term amortizations.

“What I want is them not to do things blindly,” he said, “to embrace input, do their homework and try to get it done – but also get it done right.”

 

 

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