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Building & Condo information

Joseph's Court

20727 Douglas Crescent


Langley, V3A 4C1 F6A - Langley City

  • Levels: 4
  • Suites: 36
  • Status: Completed
  • Built: 1994
  • Title To Land: Freehold Strata
  • Building Type: Strata Condos
  • Strata Plan: LMS1197
  • Bldg#: 2589

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Joseph's Court MLS® Listings

105 20727 DOUGLAS .. 2 Bed, 1 Bath,840 Sqft.  $329,000 eXp Realty (Branch)
105 20727 DOUGLAS .. 2 Bed, 1 Bath,840 Sqft.  $329,000 eXp Realty (Branch)
(Nearby Listing)
5 20723 FRASER HIG.. 3 Bed, 3 Bath,1396 Sqft.  $779,000 Sutton Group-Alliance R.E.S.
(Nearby Listing)
309 5420 208 STREET 2 Bed, 2 Bath,866 Sqft.  $476,000 Royal Pacific Realty Corp.
(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 R2605390 105 20727 Douglas Crescen 1 Storey 2 1 840 $343 $329,000 N/A
Listings Listed By:  1. eXp Realty (Branch)   
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

Joseph's Court - 20727 Douglas Crescent, Langley, BC V3A 4B9, Canada. Strata Plan LMS1197. Crossroads are Douglas Crescent and 207 Street Located in Central Langley City. This development is 3 storeys with 36 units. Completed 1993. Maintenance fees includes garbage pickup, gardening, gas, hot water, management and recreation facility. A popular destination for active retirees, Joseph's Court also features a recreation centre, library, and secure underground parking.

Short drive to Langley Centre and Aldergrove. R.E. Mountain Secondary School, Western Dog Grooming School, H.D. Stafford Middle School, Langley Forest School and Langley Fundamental Middle and Secondary School. Supermarket and Grocery Stores nearby are Safeway Supermarket, H-Mart Grocery, Glenn's No Frills, Buy-Low Foods.

Strata Sub Categories: Strata Condos
 

Joseph's Court Technical Info

Building Name Joseph's Court
Address 20727 Douglas Crescent
City Langley
Neighborhood Langley City
Listing Price Range N/A
Floors 4
Units in Development: 36
Units in Strata:36
Property Types Freehold Strata
Sub Categories:Strata Condos
Year Built 1994
Restrictions Details
Strata Plan LMS1197
Title to Land Freehold Strata
  

Joseph's Court Building & Common Area Photos

20727 Douglas Crescent, Langley, BC
20727 Douglas Crescent, Langley, BC
20727 Douglas Crescent, Langley, BC
20727 Douglas Crescent, Langley, BC

Joseph's Court Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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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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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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