Kings Gate - 519 12th Street New Westminster, BC V3M 6V9, LMS2450 - Located in the popular neighbourhood of Uptown in New Westminster on 12th Street 6th Avenue. This is a convenient location just minutes to public transit, restaurants, Moody park, Royal City Shopping Mall, all levels of schools including Douglas College, Safeway, Save-on-Foods, recreation, medical services and more! Direct access to highways allows an easy commute to Richmond, Downtown Vancouver and other surrounding destinations. Kings Gate is made up of two buildings that share common areas with separate entrances located at 1128 6th avenue and 519 12th Street. This is a low-rise building that offers 4 levels with 112 beautiful homes that were quality built in 1996 by Bosa Development and are professionally managed. Most homes feature open concept floor plans, cozy gas fireplaces, plenty of windows, insuite laundry, walk-in closets, extra storage space throughout and oversized sundecks that boast views of the Fraser River or garden courtyard. Kings Gate is a well maintained condo community with additional features including secured underground parking, storage lockers, some units have a private garden area and outside entrance, wheelchair access, elevators, bike storage, ample visitor parking and a lovely garden courtyard. This is a family oriented building that welcomes all ages, is pet friendly with restrictions and rentals are allowed with restrictions. Kings Gate offers comfortable condo living that suits every lifestyle - Live here today!
Strata Sub Categories: Strata
Kingsgate Technical Info
||519 12th Street
|Listing Price Range
|Units in Development: ||112|
|Units in Strata:||112|
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Area Rentals From Craigslist
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Area Rentals From Padmapper
REBGV Housing Market Update For Novemberr 2018
Housing Market Update (December 2018)
Home sales across the province were down 33% in November compared to last year. Listings were up 31% compared to last year
REBGV Housing Market Update For October 2018
Sales for October are down 35% compared to last year. October had 4,873 new listings.
BCREA Housing Market Update (November 2018)
Homes sales across the province down 26% compared to last year. Listings were up for the 4th consecutive month.
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REBGV Housing Market Update For September 2018
Home sales in September are down by 44% compared to last year. There were 5,279 new listings in September.
Real Estate Related News Articles(Sun and Province)
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B.C. housing market in 'mild recession' likely thru 2021: Report
Median prices for all residential units is expected to decrease by 2.4 per cent next year, and by 1.9 per cent for resale units.
‘Mild’ housing recession forecast for B.C. through 2021 #LesTwarog
CIBC economists question BoC’s view of housing market
With interest rates and other policies already having a noticeable impact on the housing market, especially in the hottest cities, “the sun has officially set on the days of heady housing market growth fueling Canada’s national economy” say economists Benjamin Tal and Royce Mendes.
Vancouver seeing an undoing of the gains from 2015-2016 rapid increases #LesTwarog
||Canadian Real Estate Wealth
Sales decline looms large
The group, which represents more than 125,000 realtors, is projecting that home sales across the country will decline to the lowest point in nine years but stay little changed from 2018, falling only by 0.5 per cent to 456,200 units.
CREA says home sales projected to fall in 2019 #LesTwarog
||Canadian Real Estate Wealth
Duet Two, a stacked townhouse project approved for Burquitlam
Council approved second and third reading of the rezoning request by Adera Development to build three three-storey buildings containing 60 units on four lots in the 400 block of Lea Avenue because the proposal matched the type of housing council approved for the street in the Burquitlam neighbourhood plan adopted a couple of years ago.
Development gets green light despite complaints from street's residents about
Lower Mainland affordability map showing income needed to buy a home
Using August 2018 benchmark prices from the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board, and assuming a 20% down payment and heating costs of $100/month, Zoocasa calculated the minimum household income required to buy a detached home in each region
What income you need to afford a Metro Vancouver Detached House #LesTwarog