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Building & Condo information

Bearing Pointe

19936 56 Ave


Langley, V3A 0E1 F6A - Langley City

  • Levels: 4
  • Suites: 51
  • Status: Completed
  • Built: 2012
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Strata Plan: BCS4421
  • Management company:  Nai Goddard & Smith
  • Phone  604-534-7974  
  • E-mail  tsztuhar@naicommercial.ca  
  • Bldg#: 10353

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Bearing Pointe MLS® Listings

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Building Info

Bearing Pointe at 19936 56 Avenue, Langley, BC V3A 3X9, Canada, Strata Plan Number, 4 levels, 51 units in the development, built in 2012. Maintenance fees include garbage pickup, gardening, hot water and management. Features include club house, elevator, in-suite laundry and storage. The nearest crossroads are 56 Avenue and 200 Street.

Bearing Pointe is a very affordable and stylish condominium that offers you more comfortable and relax. Nearby parks include Hi-Knoll Park, Clover Ridge Park and East View Park. Nearby Global Montessori Schools Langley City Campus and Apex Secondary School. Enjoy the services of more than 50 restaurants with in walking distance including Damianos Pizza, Production Cafe & Grill and Kostas Greek Restaurant.

Strata Sub Categories: Strata
 

Bearing Pointe Technical Info

Building Name Bearing Pointe
Address 19936 56 Ave
City Langley
Neighborhood Langley City
Listing Price Range N/A
Floors 4
Units in Development: 51
Units in Strata:51
Property Types Freehold Strata
Sub Categories:Strata
Year Built 2012
Strata Website www.goddardandsmith.ca
Management Nai Goddard & Smith
  604-534-7974
  604-534-3925
 tsztuhar@naicommerc..
Restrictions Details
Strata Plan BCS4421
Title to Land Freehold Strata
  

Bearing Pointe Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A Tulip Court - 19952 56TH AVE - NWS2463
  2. B Bearing Pointe - 19936 56TH AVE -
  3. C 19962 56th - 19962 56TH AVE - NWS2646
  4. D 19920 56th - 19920 56TH AVE - NWS3404
  5. E Madison Crossing - 19939 55A AVE - BCS3809
  6. F Bayside Court - 19953 55A AVE - LMS1894
  7. G Chenier Place - 19908 56TH AVE - LMS772
  8. H Mason Court - 19897 56TH AVE - LMS3986
  9. I Rosie Court - 19860 56TH AVE - NWS2297
  10. J 5678 199 Street - 5678 199TH STREET - LMS4138
  11. K Cambridge Court - 5646 200TH STREET - LMS381
  12. L Zora - 19830 56TH AVE - BCS3128
  13. M Langley Village - 5664 200TH STREET - NWS2150
  14. N Langley Village - 5700 200TH STREET - NWS2150
  15. O The Wesley - 5475 Brydon CRES -
  16. P Baldi Creek Cove - 20064 56TH AVE - LMS9
  17. Q Brydon Park - 5351 200TH STREET - NWS66
  18. R Madison Villas - 5516 198TH STREET - BCS3201
  19. S Parkside Place - 20088 55A AVE - LMS1772
  20. T Brooklyn Wynd - 5488 198TH STREET - BCS1942
  21. U Madison Station - 19774 56 AVE - BCS2040
  22. V Langley Village - 5700 200 STREET - NWS2150
  23. W The Huntington - 5641 201ST STREET - NWS2932
  24. X Canim Court - 5489 201ST STREET - LMS724
  25. Y Madison Station - 19760 56TH - BCS2040
  26. Z Marquee - 19752 55A AVE - EPS1969
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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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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


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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.


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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

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5 Suspension against real estate agent Shahin Behroyan handed down in 2020 | B.C.’s Financial Services Tribunal

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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