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Varsity

20078 Fraser Highway


Langley, V3A 4E5 F6A - Langley City

Official Website: liveatvarsity.com Marketers Website: www.rennie.com Developers Website: rkdi.com
  • Levels: 4
  • Suites: 67
  • Status: Completed
  • Built: 2015
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Strata Plan: BCP46280
  • Management company:  Ascent Management
  • Phone  604-431-1800  
  • E-mail  ascent@ascentpm.com  
  • Bldg#: 11182

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Varsity MLS® Listings

414 20062 FRASER H.. 2 Bed, 2 Bath,902 Sqft.  $499,800 RE/MAX Dream Home Realty
414 20062 FRASER H.. 2 Bed, 2 Bath,902 Sqft.  $499,800 RE/MAX Dream Home Realty
(Nearby Listing)
414 20058 FRASER H.. 1 Bed, 1 Bath,673 Sqft.  $418,000 RE/MAX Treeland Realty
(Nearby Listing)
43 8161 201 STREET 3 Bed, 3 Bath,1350 Sqft.  $899,900 FSBO Real Estate Inc.
(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 R2622145 414 20062 Fraser Highway 1 Storey 2 2 902 $410 $499,800 N/A
Listings Listed By:  1. RE/MAX Dream Home 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

Varsity Condos - 20078 Fraser Highway, Langley, BC V3A 4E5, Canada. Strata plan number BCP46280. Crossroads are 200 Street and Fraser Highway. Varsity Condos, final phase, is 4 stories with 67 units. Completed winter 2015. Developed by Redekop Kroeker Development Inc. Architecture by Keystone Architecture & Planning Ltd.. Interior design by The Creative DesignWorks Inc.. Varsity's exquisite interiors are far from standard. From the beauty of the over-sized windows, to the overall balance of clean lines, streamlined functionality and refined mix of natural materials, an inviting interior aesthetic is achieved. Modern stainless steel appliances, granite countertops and soft-close cabinets make your kitchen an inspiring place to create. With thoughtful extras and strict attention to every design detail, your home at Varsity accents the finest attributes of gracious city living.

Nearby parks include Hi-Knoll Park, Clover Ridge Park and East View Park. Nearby schools include Apex Secondary School, Young at Arts (The) and Lisa's School Of Dance. The closest grocery stores are Save-On-Foods, Price(S)mart-Foods and Comh Farm Market. Nearby coffee shops include City Blends Coffee, Starbucks and Tim Hortons. Nearby restaurants include La Cascina Pasta Bar, Kostas Greek Restaurant and Mad Greg's Pizza. Maintenance fees includes Garbage Pickup, Gardening, Gas, Hot Water, Management and Snow Removal.

Additional addresses: 20058 Fraser Highway, 20062 Fraser Highway and 20068 Fraser Highway.

Sales Centre: www.rennie.com
Official Website: liveatvarsity.com
Phone: 604.539.2200
Email: info@liveatvarsity.com
Sales Address: 20068 Fraser Hwy. Langley BC V3A 4E5
Strata Sub Categories: Strata
 

Varsity Technical Info

Building Name Varsity
Address 20078 Fraser Highway
City Langley
Neighborhood Langley City
Listing Price Range N/A
Floors 4
Units in Development: 230
Units in Strata:67
Property Types Freehold Strata
Sub Categories:Strata
Year Built 2015
Developer Redekop Kroeker Development Inc.
Architect Name Keystone Architectur
Architect Phone 604-850-0577
Architect Email Mail@KeystoneArch.ca
Official Website liveatvarsity.com/
Strata Website ww1.ascentpm.com
Management Ascent Management
  604-431-1800
  (604) 431-1818
 ascent@ascentpm.com
Restrictions Details
Strata Plan BCP46280
Title to Land Freehold Strata
  

Complex Site Map (Click image to enlarge)

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

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Other Buildings in Complex/Area

  1. A Varsity - 20062 FRASER HIGHWAY - BCS4480
  2. B Varsity - 20058 FRASER HIGHWAY - BCS4480
  3. C Varsity - 20068 FRASER HIGHWAY - BCS4480
  4. D White Oaks - 5710 201ST STREET - NWS3098
  5. E Glenwood Manor - 5776 200TH STREET - LMS619
  6. F Langley Village - 5700 200 STREET - NWS2150
  7. G Langley Village - 5700 200TH STREET - NWS2150
  8. H The Huntington - 5641 201ST STREET - NWS2932
  9. I Langley Village - 5664 200TH STREET - NWS2150
  10. J Paddington Station - 20180 FRASER AVE - BCS3568
  11. K Paddington Station - 21170 FRASER HIGHWAY - BCS3568
  12. L Paddington Station - 5660 201A STREET - BCS3568
  13. M Cambridge Court - 5646 200TH STREET - LMS381
  14. N Paddington Station - 5650 201A STREET - BCS3568
  15. O Paddington Station - 20170 FRASER HIGHWAY - BCS3568
  16. P 5678 199 Street - 5678 199TH STREET - LMS4138
  17. Q Langley Place - 20229 FRASER HIGHWAY - NWS1879
  18. R The Muse - 20238 FRASER HIGHWAY - BCS2222
  19. S Mason Court - 19897 56TH AVE - LMS3986
  20. T 19920 56th - 19920 56TH AVE - NWS3404
  21. U Chenier Place - 19908 56TH AVE - LMS772
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

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 Inspired by European capital cities like Paris and London, Burrard Place provides a blueprint for the future of downtown living in Vancouver.

Joining One Burrard Place and The Offices at Burrard Place, the 2 Burrard Place tower is the final piece in Burrard Place’s master plan, which will dominate Burrard Street with its impressive full city block within the downtown beach district. 


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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.

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.”

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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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