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Building & Condo information

Parkside

271 Francis Way


New Westminster, V3L 0H2 VNWFV - Fraserview NW

Official Website: onni.com/parkside Developers Website: onni.com
  • Levels: 26
  • Suites: 248
  • Status: On Hold
  • Built: 2016
  • Title To Land: Freehold Strata
  • Building Type: Strata Condos
  • Strata Plan: EPS2995
  • Management company:  Pacific Quorum Properties
  • Phone  604-685-3828  
  • E-mail  info@pacificquorum.com  
  • Bldg#: 9374

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Parkside MLS® Listings

303 271 FRANCIS WAY 2 Bed, 2 Bath,1051 Sqft.  $728,800 Oakwyn Realty Encore
1605 271 FRANCIS WAY 2 Bed, 2 Bath,1092 Sqft.  $769,000 Sutton Group Seafair Realty
2301 271 FRANCIS WAY 2 Bed, 2 Bath,857 Sqft.  $750,000 RE/MAX 2000 Realty
2301 271 FRANCIS WAY 2 Bed, 2 Bath,857 Sqft.  $750,000 RE/MAX 2000 Realty
(Nearby Listing)

MLS® Listings Summary (3) New Projects under Construction  Area MLS® Listings  Our Listings 
(Open houses highlighted in yellow)

MLS® Address Style BD BA Area Mnt Price F/Plan
1 R2619377 303 271 Francis Way 1 Storey 2 2 1,051 $480 $728,800 N/A
2 R2612983 1605 271 Francis Way 1 Storey 2 2 1,092 $495 $769,000 N/A
3 R2609965 2301 271 Francis Way 1 Storey 2 2 857 $354 $750,000 N/A
Listings Listed By:  1. Oakwyn Realty Encore    2. Sutton Group Seafair Realty    3. RE/MAX 2000 Realty   
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

Parkside at Victorial Hill - 271 Francis Way, New Westminster, BC V3L 0H2, 22 storeys, 248 units, estimated completion 2016, crossing roads: McBride Boulevard and Francis Way. Parkside by Onni is the last high-rise of the dramatic Victoria Hill community in Fraserview New Westminster, offering unequalled water and mountain views and truly livable home design. The project will comprise 226 units in a 22-storey tower and 22 three-level townhomes which offer one, two and three bedroom homes ranging in size from 635 to 2,000sq.ft.

Designed by award winning IBI Group, Parkside Tower boasts impressing architecture with dramatic details including Porte cochere-style entryway, brick detailing at the base, sleek glass dtretching skywards, and a vertical facade element with the sleek metal beams form some-thing akin to a crown. Inside, contemporary design features open-plan layouts, quality laminate flooring, and gourmet kitchens and bathrooms with stainless steel GE appliances, contemporary wood cabinetry, granite countertops, and ceramic backsplash. Expansive floor-to-ceiling windows bring in natural light and balconies provide extra space for outdoor living.

These gorgeous, private amenities at Parkside will enjoy beautifully finished and furnished lounge with fully functional kitchen, games room, guest suites, a theatre room, fitness studio, an outdoor pool, and on-site caretaker.

Located in the 65 acre Victoria Hill community which encompasses 40 acres of public green spaces and a direct connection to Queens Park via the McBride Pedestrian Overpass, Parkside sits adjacent to Queens Park and Glenbrook Ravine, and close to numerous major thoroughfares including Highway 91, Columbia Street, and Canada Way. The Columbia Sky train Station is only a 3-minute drive away. The Victoria Hill community is central to various amenities & schools, which includes Royal Columbia Hospital, Canada Games Pool, New Westminster Quay, Wal-Mart, IGA Market, New West Quay Public Market, Douglas College, and new Plaza 88 shopping center.

Official Website: onni.com/parkside
Phone: 604-523-0733
Email: Parkside@onni.com
Sales Address: 295 Francis Way (Off McBride Blvd & Royal Ave) New Westminster, B.C
Strata Sub Categories: Strata Condos
 

Parkside Technical Info

Building Name Parkside
Address 271 Francis Way
City New Westminster
Neighborhood Fraserview NW
Listing Price Range N/A
Floors 26
Units in Development: 248
Units in Strata:248
Property Types Freehold Strata
Sub Categories:Strata Condos
Year Built 2016
Developer Onni Group of Companies
Architect Name IBI Group
Architect Phone 604-683-8797
Architect Email reagleston@ibigroup.com
Designer Onni in-house design
Official Website onni.com/parkside
Strata Website pacificquorum.com/
Management Pacific Quorum Properties
  604-685-3828
  604-685-3845
 info@pacificquorum...
Restrictions Details
Strata Plan EPS2995
Title to Land Freehold Strata
Emporis Parkside
  

Parkside Building & Common Area Photos

Parkside - 271 Francis Way, New Westminster, BC - Developer's Photo
Parkside - 271 Francis Way, New Westminster, BC - Developer's Photo
Parkside - 271 Francis Way, New Westminster, BC - Developer's Photo
Parkside - 271 Francis Way, New Westminster, BC - Developer's Photo

Complex Site Map (Click image to enlarge)

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Complex Site Map (Click image to enlarge)

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

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Other Buildings in Complex/Area

  1. A The Pavilion - 295 Francis WAY - BCP51633
  2. B The Grove - 290 FRANCIS WAY - BCS2702
  3. C Whittaker - 225 FRANCIS WAY - BCS3735
  4. D Grove At Victoria Hill - 270 FRANCIS WAY - BCS2702
  5. E The Grove - 285 ROSS DRIVE - BCS2702
  6. F Grove At Victoria Hill - 255 ROSS DRIVE - BCP34198
  7. G Grove At Victoria Hill - 265 ROSS DRIVE - BCP34198
  8. H The Grove - 240 FRANCIS WAY - BCS2702
  9. I The Grove - 250 FRANCIS WAY - BCS2702
  10. J The Grove - 275 ROSS DRIVE - BCS2702
  11. K Carlyle - 280 ROSS DRIVE - BCS3832
  12. L Queens Park Place - 55 BLACKBERRY DRIVE - LMS1229
  13. M Fraserview Park - 50 RICHMOND STREET - NWS3000
  14. N Fraserview Park - 67 MINER STREET - NWS2788
  15. O Jamieson Court - 72 JAMIESON COURT - LMS128
  16. P Palace Quay - 69 JAMIESON COURT - LMS35
  17. Q Gatehouse Place - 48 RICHMOND STREET - LMS284
  18. R Fraserview Park - 52 RICHMOND STREET - NWS3000
  19. S Gatehouse Place - 60 RICHMOND STREET - LMS284
  20. T Fraser View Park - 58 RICHMOND STREET - NWS3000
  21. U The Royal - 28 East Royal AVENUE - EPS4986
  22. V Fraser Mews - 340 GINGER DRIVE - NWS2410
  23. W Fraserview Park - 56 RICHMOND STREET - NWS3000
  24. X Palace Quay - 71 JAMIESON COURT - LMS35
  25. Y Fraserview Park - 74 MINER STREET - NWS2788
  26. Z Gatehouse Place - 68 RICHMOND STREET - LMS284
View All Buildings in New Westminster

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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"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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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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