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Receive more information about Coventry Gate
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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
Coventry Gate - 20350 54 Avenue Langley, BC V3A 8J4, LMS677 - Located in the heart of Langley City on 54 Avenue and 203 Street. Coventry Gate is a low-rise building that offers four levels with 30 units built in 1993 that are professionally managed. This is a central location close to bus stops, IGA, Valley Centre, restaurants, shops, trails, Cascades Casino, Kwantlen Polytechnic University, HD Stafford Secondary, Simmonds Elementary, community centre, Newlands Golf and Country Club, parks, recreation and much more! Direct access to major transportation routes including the Trans-Canada Highway and Fraser Highway, allows an easy commute to surrounding destinations. Most homes feature spacious living areas, in-suite laundry, cozy fireplaces and large balconies that are great for BBQ's and relaxing. Coventry Gate is a well maintained building with recent updates including full rainscreen and a roof replacement. This community offers an outdoor pool, steam room, tennis court, recreation centre and manicured greenspace. There is ample visitor parking, secured underground parking, storage lockers and bike storage. This is a sought after neighbourhood offering convenience and comfortable condo living - Live at Coventry Gate!
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 30,944 in 2020, a 22.1 percent increase from the 25,351 sales recorded in 2019, and a 25.7 percent increase from the 24,619 homes sold in 2018.
November 2020 Market Insights
REBGV 23% increase on Listing in MLS from last year. For November 2020 over 4068 newly listed. Continuing demand for Detached Home and Townhouse with the benchmark price of $1,044,000
October 2020 Market Insights
October 2020 showing a robust Sales-to-Active Listing Ratio with a high mark of 30% means that Market conditions prices typically stable based on the given the baseline of 12-20%. Based on this given data the continued demand for Townhomes, Detached Homes
September 2020 Market Insights
September had a fantastic sales of 56% over the same period last year. Listings were 32% over last year
Real Estate Related News Articles(Sun and Province)Search News
Q1 net income increase compare to previous quarter
The bank’s capital position remained “robust”, with a CET1 ratio of 12.5% “supporting strong volume growth and $1.5 billion in common share dividends paid.” RBC also boasted of a strong average Liquidity Coverage Ratio (LCR) of 141%.
According to CREA, as the spring market approaches, the current pace of home sales growth might be inhibited by an evident lack of supply, particularly in Ontario markets, to meet growing home buyer demand.
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