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River's Edge MLS® Listings
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Building Info
Rivers Edge - 20454 53rd Avenue, Langley, BC V3A 7S1, Strata Plan No. NWS1815, 3 levels, 47 units, built 1983 - located at the corner of 53rd Avenue and 204th Street in Langley City neighborhood. Rivers Edge offers privacy and security as it is a gated community with beautiful views of Mount Baker, Nicomekl River and the greenbelt. Watch the deer go by in peace and serenity! This building had a major fire in 2002 and was completely rebuilt in 2003 including latest rainscreen technology and indoor sprinkler systems. The Rivers Edge condos feature cozy fireplaces, bay windows in living rooms, large kitchens with plenty of cabinet space and lots of cupboards, large balconies, roof top decks and shared laundry on 3rd floor, and gated underground parking with bike storages. Centrally located in the heart of Langley City, Rivers Edge complex is close to walking trails and park and walking distance to all types of shopping, recreation, seniors centre, library, transit, all levels of schooling and so much more. Rivers Edge is managed by Teamwork Property Management 604-854-1734. Rentals allowed, cats allowed, no dogs or reptiles allowed.
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
August 2020 Market insights
Home sales in August were up 37% over August 2019. Listings weere 55% over August 2019
Real Estate Related News Articles(Sun and Province)Search News
The speculation and vacancy tax is designed to turn empty homes into housing for British Columbians, and ensure foreign owners and those with primarily foreign income contribute fairly to B.C.’s tax system.
The latest housing boom has also driven eye-popping price increases in areas that remain affordable
This time, though, the faster property appreciation isn’t happening in Vancouver and Toronto, two of Canada’s priciest markets, but in areas that were — at least until recently — affordable.
Housing experts doubt that the tax has had much effect on either the rental market or affordability
“This change in behaviour, and the tax continuing to capture speculators while exempting almost all British Columbians, shows this tax is working for the people of our province,” Finance Minister Selina Robinson said in the statement.
2021 multi-family deal of the year by InterRent, Crestpoint pay $292.5M in Vancouver
To put this $292.5 million deal in perspective, it represents more than 40 per cent of the total multi-family sales volume through the first three quarters of 2020 across all of Metro Vancouver.
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