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Building & Condo information

The Terraces

19789 55 Avenue


Langley, V3A F6A - Langley City

Official Website: www.liveattheterraces.com Marketers Website: agents.royallepage.ca/langley Developers Website: www.waterstockproperties.com
  • Levels: 3
  • Suites: 28
  • Status: Completed
  • Built: 2018
  • Title To Land: Freehold Strata
  • Building Type: Strata Townhouses
  • Bldg#: 13487

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The Terraces MLS® Listings

14 19789 55 AVENUE 3 Bed, 3 Bath,1259 Sqft.  $789,000 Reign Realty
54 19760 55 AVENUE 3 Bed, 3 Bath,1510 Sqft.  $799,999 RE/MAX Bozz Realty
(Nearby Listing)
24 19749 55 AVENUE 3 Bed, 3 Bath,1451 Sqft.  $799,999 Royal Pacific Riverside Realty Ltd.
(Nearby Listing)
203 5516 198 STREET 2 Bed, 1 Bath,700 Sqft.  $390,000 eXp Realty
(Nearby Listing)

MLS® Listings Summary (1) New Projects under Construction  Area MLS® Listings  Team Listings 
(Open houses highlighted in yellow)

MLS® Address Style BD BA Area Mnt Price F/Plan
1 R2619901 14 19789 55 Avenue 3 Storey,cor 3 3 1,259 $319 $789,000 N/A
Listings Listed By:  1. Reign Realty   
Legend: BD - Bedroom, BA - Bathroom, Mnt - Maintenance Fee, $/sqft - Dollars per square foot.
MLS® Listings Summary Print view

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

The Terraces - 19789 55 Avenue, Langley, BC V3A, Canada. Crossroads are 198 Street and 55 Avenue. A stunning collection of 28 city homes situated in the heart of the city of Langley. Choose from three bedroom, three bedroom + flex space, and four bedroom plans. Estimated completion in 2018. Developed by Waterstock Properties. Maintenance fees include gardening, management, and snow removal.

An inspired new development where city style meets country spirit. Close to the comforts of the city, yet just removed enough to allow one to wind down in superior comfort after a long day. Every aspect of these city homes are designed and built with modern living in mind. Whether it's the incredible architecture that blends seamlessly into its environment or generous interiors that utilize every inch of space to allow for an effortless and elevated living space.

The closest park is Brydon Park. Schools nearby are Relevant High School, Diamond Elementary School, Douglas Park Community School, Nicomekl Elementary, Blacklock Fine Arts Elementary, H.D. Stafford Middle School, and Media Centre. Grocery stores and supermarkets nearby are Michael's No Frills, Save-On-Foods, Safeway, H-Mart, Real Canadian Superstore, and Glenn's No Frills. Short drive to Willowbrook Shopping Centre, Langley Regional Airport, and City of Langley Library.

Other buildings in complex: The Terraces Three - 19760 55 Ave, , The Terraces - 19789 55 Ave, The Terraces Two - 19790 55A Ave

Sales Centre: agents.royallepage.ca/langley
Official Website: www.liveattheterraces.com
Sales Address: 5501 - 198 St, Langley, BC
Strata Sub Categories: Strata Townhouses
 

The Terraces Technical Info

Building Name The Terraces
Address 19789 55 Avenue
City Langley
Neighborhood Langley City
Listing Price Range N/A
Floors 3
Units in Development: 28
Units in Strata:28
Property Types Freehold Strata
Sub Categories:Strata Townhouses
Year Built 2018
Developer Waterstock Properties
Architect Name Atelier Pacific Arch
Architect Phone 604-662-8689
Architect Email info@atelierpacific.com
Official Website www.liveattheterraces.com
Restrictions Details
Title to Land Freehold Strata
  

The Terraces Building & Common Area Photos

19789 55 Ave, Langley, BC V3A, Canada Exterior
19789 55 Ave, Langley, BC V3A, Canada Exterior
19789 55 Ave, Langley, BC V3A, Canada Exterior
19789 55 Ave, Langley, BC V3A, Canada Rooftop
19789 55 Ave, Langley, BC V3A, Canada Kitchen
19789 55 Ave, Langley, BC V3A, Canada Bedroom
19789 55 Ave, Langley, BC V3A, Canada Kitchen
19789 55 Ave, Langley, BC V3A, Canada Exterior Interior

Complex Site Map (Click image to enlarge)

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Complex Site Map (Click image to enlarge)

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Complex Site Map (Click image to enlarge)

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The Terraces Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Bing Areal View
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Featured Properties

607 1833 CROWE STR.. 2 Bed, 2 Bath,1058 Sqft.  $1,080,000 RE/MAX Crest Realty
278 ALLISON STREET 3 Bed, 1 Bath,1248 Sqft.  $3,100,000 RE/MAX Crest Realty
1601 999 SEYMOUR S.. 0 Bed, 1 Bath,473 Sqft.  $618,000 RE/MAX Crest Realty
5828 GRANVILLE STR.. 4 Bed, 4 Bath,2300 Sqft.  $4,000,000 RE/MAX Crest Realty
2003 999 SEYMOUR S.. 2 Bed, 1 Bath,711 Sqft.  $875,000.00 RE/MAX Crest Realty
910 ROBINSON STREET 5 Bed, 2 Bath,2000 Sqft.  $1,490,000.00 RE/MAX Crest Realty
1203 1277 NELSON S.. 2 Bed, 2 Bath,948 Sqft.  $897,000.00 RE/MAX Crest Realty
316 8520 GENERAL C.. 2 Bed, 2 Bath,1018 Sqft.  $499,999.00 RE/MAX Crest Realty

Other Buildings in Complex/Area

  1. A The Terraces Two - 19790 55A AVE -
  2. B Brydon Walk - 5454 198TH STREET - BCS2287
  3. C Brooklyn Wynd - 5488 198TH STREET - BCS1942
  4. D Madison Villas - 5516 198TH STREET - BCS3201
  5. E Marquee - 19752 55A AVE - EPS1969
  6. F Creekside Estates - 5438 198TH STREET - BCS1314
  7. G Creekside Villas - 5438 198 STREET - BCS1314
  8. H Madison Station - 19760 56TH - BCS2040
  9. I The Wesley - 5475 Brydon CRES -
  10. J Madison Place - 19730 56TH AVE - BCS2487
  11. K Madison Station - 19774 56TH AVE - BCS2040
  12. L Zora - 19830 56TH AVE - BCS3128
  13. M Madison - 19720 56TH AVE - BCS2487
  14. N Madison Station - 19774 56 AVE - BCS2040
  15. O Mclellan Corner - 19690 56TH AVE - NWS2850
  16. P Willowgate - 19700 56TH AVE - LMS4044
  17. Q Rosie Court - 19860 56TH AVE - NWS2297
  18. R Chenier Place - 19908 56TH AVE - LMS772
  19. S Mason Court - 19897 56TH AVE - LMS3986
  20. T 19920 56th - 19920 56TH AVE - NWS3404
  21. U Huntsfield Green - 19649 53RD AVE - NWS3354
  22. V Madison Crossing - 19939 55A AVE - BCS3809
  23. W Bearing Pointe - 19936 56TH AVE -
  24. X Bearing Pointe - 19936 56 AVE - BCS4421
  25. Y Tulip Court - 19952 56TH AVE - NWS2463
  26. Z 19962 56th - 19962 56TH AVE - NWS2646
View All Buildings in Langley

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

Real Estate Related News Articles(Sun and Province) Search News  

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1 Growth in condo market share across the Canadian real estate market in 2021

Canadian real estate market sees higher share of condos in 2021, in wake of rising detached housing values; affordability shifts demand for condominiums into high gear in 2021


Canadian Real Estate Report: 2021 Housing Impacts to Condo Sector #LesTwarog
2021/10/19 other
2 CREA and RECO issued a notice about steering to over 93,000 real estate agents

"In addition to being illegal, the conduct undermines consumer protection, consumer confidence and the reputation of the real estate profession as a whole," said the notice.

Across the country, the National Realtor Code of Ethics, as well as provincial real estate laws, dictate that agents must act with honesty and promote the interests of the individual they represent. Some provincial laws, including in Alberta and Ontario, address the issue of steering specifically.


Real estate agents caught on hidden camera breaking the law, steering buyers f
2021/10/15 other
3 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.

Read more: Conservative MPs urge feds to eliminate First-Time Homebuyer Incentive

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.”

Read next: What the Canada election result means for the mortgage industry

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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Can the First-Time Home Buyer Incentive be salvaged? #LesTwarog
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4 Discover in Surrey the New Bristol Estate transforming its neighborhood includes 6.27 acre property

The Surrey Centre Official Community Plan aims to transform the neighbourhood from a suburban town centre into a walkable, high-density and transit-oriented downtown for the South of Fraser region. The density and mix of uses is meant to create a city centre that is “more animated, livable and a place that thrives economically where residents can work, play, and live in their neighbourhood.”


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The real estate council didn't agree, arguing Behroyan's willingness to "defraud a client signals an issue concerning good character and suitability that represents a threat to the public, and a threat to public confidence in the real estate industry."


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