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Southridge Terrace

22230 North Ave


Maple Ridge, V2X 2L5 VMRWC - West Central

  • Levels: 6
  • Suites: 50
  • Status: Completed
  • Built: 1999
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Strata Plan: LMS3814
  • Management company:  Fraser Property Management
  • Phone  (604) 466-7021  
  • Bldg#: 2858

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Southridge Terrace MLS® Listings

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Building Info

Southridge Terrace - 22230 North Avenue, Maple Ridge, BC V2X 2T2, LMS3814 - located in West Central area of Maple Ridge, at the crossroads North Avenue and Haney By-Pass. The Southridge Terrace is walking distance to Haney Shopping Plaza, Curves, Memorial Peace Park, Maple Ridge Public Library, Zellers, Municipal Hall, Maple Ridge Arts Centre and Theatre, Save-on-Foods, Scotiabank, Haney Place Mall, London Drugs, Southridge Centre, Brickwood Park, Maple Ridge Museum, Golden Ears Elementary, Pioneer Park, Harry Hooge Park, Harry Hooge Elementary, Fletcher Park, Eric Langton Elementary, Reg Franklin Park, St. Patrick's School, Maple Ridge Secondary, Merkley Park, Kin Park, Glenwood Elementary and Ridge Meadows Hospital. The residents of the Southridge Terrace have easy access to Lougheed Hwy, Golden Ears Bridge and Pitt Meadows Bridge. The bus stops and Port Haney Station are minutes of walk away. The restaurants in the neighbourhood are Soprano's Pizza, King's Kitchen, Pizza Hut, Marina's Gelato, A&W Restaurants, Red Robin, Ebi Sushi, GM, Papa John's Pizza, China Kitchen and Shinobi Japanese. The Southridge Terrace was built in 1999 with a frame-wood construction and stucco exterior finishing. This six-level building has full rain screen. There are 50 units in development and in strata. The Southridge Terrace features wheelchair access, an elevators, in-suite laundry, storage lockers, secure underground parking and video monitored entrance/parking. Most homes offer high ceilings, gas fireplaces, spacious rooms, open concept kitchens and balconies. Some homes have beautiful mountain and river views.

Strata Sub Categories: Strata
 

Southridge Terrace Technical Info

Building Name Southridge Terrace
Address 22230 North Ave
City Maple Ridge
Neighborhood West Central
Listing Price Range N/A
Floors 6
Units in Development: 50
Units in Strata:50
Property Types Freehold Strata
Sub Categories:Strata
Year Built 1999
Strata Website fraserpm.com
Management Fraser Property Management
  (604) 466-7021
  (604) 466-7052
Restrictions Details
Strata Plan LMS3814
Title to Land Freehold Strata
  

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

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Other Buildings in Complex/Area

  1. A Solo - 22290 NORTH AVE - BCS3442
  2. B Solo - 11749 223RD STREET -
  3. C Haney's Landing - 11665 HANEY OTHER - BCS2550
  4. D Haney's Landing - 11667 HANEY Bypass OTHER - BCS2550
  5. E 223 North - 22308 LOUGHEED HIGHWAY - BCP49261
  6. F St Anne Place - 22351 ST ANNE AVE - LMS2749
  7. G Cambridge House - 22213 SELKIRK AVE - NWS2762
  8. H Selkirk Place - 22241 SELKIRK AVE - NWS2611
  9. I Schecker Building - 22347 LOUGHEED HIGHWAY - LMS4016
  10. J 22367 St Anne Ave - 22367 ST ANNE AVE - NWS1811
  11. K Self Managed - 11869 223RD STREET - NWS2491
  12. L Centro - 22363 SELKIRK AVE - BCS2743
  13. M Foxborough Hills - 21960 RIVER ROAD - LMS690
  14. N North Fraser Estates - 22466 NORTH AVE - BCS1620
  15. O 22318 Lougheed Highway - 22318 LOUGHEED HIGHWAY - EPS1148
  16. P Oxford Manor - 22222 119 AVENUE - NWS2948
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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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3 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.

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4 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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