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The Oaks

20120 68th Ave


Langley, V2Y 3E9 F63 - Willoughby Heights

Official Website: porterealtycom.nationprotect.net/project_websites/oaks/contact_us.htm Developers Website: porte.ca
  • Levels: 3
  • Suites: 36
  • Status: Completed
  • Built: 2006
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Strata Plan: BCS1443
  • Bldg#: 2435

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Building Info

The Oaks - 20120 68th Avenue Langley, BC V2Y 3E9, BCS1443 - Located in the heart of Willoughby Heights in Langley on 68 Avenue and 201 Street. This is a prime location that is close to transit, Willowbrook Shopping Centre, Costco, Superstore, Langley Centre, restaurants, Fraser Valley Elementary, Kwantlen Univeristy, recreation, medical services, Willowbrook Park and more! Direct access to major transportation routes allows an easy commute to surrounding destinations including Surrey, Delta, Downtown Vancouver and Abbotsford. 

The Oaks offers 36 beautiful townhomes with four different floor plans built by Porte Developments in 2006 and are professionally managed. Most homes feature two levels, two to four bedrooms, open floor plans, designer colour schemes, 9' ceilings, elegant porcelain tile floor entries, cozy fireplaces with wood mantels, oversized windows, decora-style rocker light switches and insuite laundry. Gourmet kitchens feature laminate countertops, islands or nooks, double stainless steel sinks with single lever faucet and vegetable spray, wood laminate flooring, solid wood shaker style cabinets, pot drawers, lazy Susan, microwave shelf, ceramic tile backsplash and garburator. Elegant bathrooms feature hand set tile floors, bamboo inspired laminate cabinets, single lever pressure balanced shower controls, pedestal sinks with decorative framed mirror in powder rooms and soaker tubs. Other features include double garages with garage openers, hand crafted wood picket fences, private backyards with patio areas, entertainment size decks, energy efficient double glazed vinyl windows and sliding doors, extra storage, rough-in vacuum, pre-wiring for security systems, gas fired hot water tanks and walk-out ground level bonus rooms.

This complex is built with quality finishing and West Coast inspired architecture by Gomberoff Bell Lyon Architects Group Ltd. Exterior finishes include maintenance free siding and wood detailing with Hardi-plank accent gables, rain screen technology and a portion of the 2-5-10 warranty program is still in effect. Complex features include visitor parking, landscaped grounds and playground amenities for the kids! The Oaks offers luxury townhome living for the whole family in a quiet neighbourhood in Langley - Live here!

 

Official Website: porterealtycom.nationprotect.net/project_websites/oaks/contact_us.htm
Phone: 604-514-8385
Email: rjwills@theoaksinlangley.com
Sales Address: 20120 68th Avenue Langley, BC
Strata Sub Categories: Strata
 

The Oaks Technical Info

Building Name The Oaks
Address 20120 68th Ave
City Langley
Neighborhood Willoughby Heights
Listing Price Range N/A
Floors 3
Units in Development: 36
Units in Strata:36
Property Types Freehold Strata
Sub Categories:Strata
Year Built 2006
Developer Porte Communities
Architect NameGomberoff Bell Lyon
Architect Phone 604-736-1156
Official Website porterealtycom.nationprot
Restrictions Details
Strata Plan BCS1443
Title to Land Freehold Strata
  

Typical Floor Plan (Click image to go to BCFP)

JPG VIEW

Complex Site Map (Click image to enlarge)

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

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Other Buildings in Complex/Area

  1. A Steeplechase - 20176 68TH AVE - BCS188
  2. B Vantage - 20159 68 AVE - BCS1646
  3. C Vantage - 20159 68TH AVE - BCS1646
  4. D Virtue - 20187 68TH AVE - BCS4466
  5. E Highlands - 20195 68TH AVE - BCS54067
  6. F Sagebrook - 6747 203RD STREET - BCS981
  7. G Sunpointe - 20326 68 AVE - BCS2551
  8. H Sunpointe - 20326 68TH AVE - BCS2551
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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

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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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