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Receive more information about Mountview Apartments
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Thank you for visiting
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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
Mountainview Apartments - 46374 Margaret Avenue Chilliwack, BC V2P 2H1, Canada NWS709. Mountainview Apartments is located on Margaret Avenue and Hazel Street in the convenient E Young-Yale neighbourhood of Chilliwack. Built in 1974, Mountainview Apartments is a low-rise building with 3 levels and contains 27 homes that are professionally managed. Most homes feature spacious floor plans, entertainment sized balconies and mountain views. This is a well maintained building with recent updates including a newer roof. Building features include elevators, shared laundry facilities, extra storage, secured underground parking, visitor parking and a bike room. Mountainview Apartments is located just minutes away from transit, shopping, restaurants, coffee shops, Chilliwack General Hospital, Chilliwack Art & Cultural Centre, Fraser Valley Regional Library, Broadway Supermarket, recreation, parks and more. Direct access to major transportation routes including the Trans-Canada Highway, allows an easy commute to surrounding destinations. Mountainview Apartments ia an adult oriented community that offers condo living at it's finest - Be apart of a great neighbourhood in Chilliwack!
Covid disrupt housing market expected by several Canadian
“House prices are set to fall from their current levels,” Moody’s said. “However, the speed of the drop will vary considerably across provinces. All regions will experience price declines, but the Prairie provinces will register the most sizable peak-to-trough decline.”
“Our purchaser actually saw the for-sale sign being installed, and immediately called us,” said Nick Goulet of Macdonald Commercial in Vancouver, the buyer agent with partner Stuart Wright.
Goulet said they originally thought the near-$10 million asking price was “way too high” but an independent appraisal proved accurate and the Kingsway Avenue site closed within days at $9.5 million, nearly $3 million above its BC Assessment value.
Multi-family real estate in Canada are exceptionally strong
The same factors are contributing to an overall softening in rents, which has made for some tasty headline fodder in Toronto and Vancouver. But McTait feels rents, like housing prices, could see significant growth once the economy levels out, immigration returns to normal levels and those renters who moved home temporarily are ready to get back out on their own.
Will the new CMHC plan on Rapid Housing Initiative can stimulate the economic recovery?
Complementing the National Housing Strategy, the $1-billion RHI will cover the construction of modular housing, the acquisition of land, and the conversion of existing buildings to housing supply.
CMHC said that RHI funding will be available to municipal and provincial governments, as well as non-profits and organizations concerned with Indigenous peoples’ welfare.
Helping Tenants and Small Businesses Act passed, big help for Canadian family regarding rent prices throughout 2021
Premier Doug Ford said late last week that Ontario’s roughly 1.7 million renters will benefit from manageable rent prices from Jan. 1 to Dec. 31 next year if the Helping Tenants and Small Businesses Act gets passed.
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