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Building & Condo information

Waters Edge

5294 204 Street


Langley, V3A 1Z1 F6A - Langley City

  • Levels: 3
  • Suites: 46
  • Status: Completed
  • Built: 1982
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Strata Plan: NWS1817
  • Management company:  Goddard And Smith
  • Phone  604-534-7947  
  • Bldg#: 4993

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Waters Edge MLS® Listings

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Building Info

Waters Edge - 5294 204 Street Langley, BC V3A 1Z1 - Located in the heart of Langley City on 204 Street and 53 Avenue. Water Edge offers 46 homes built in 1982 that are professionally managed. This is a great location close to bus stops, IGA, Valley Centre, Willowbrook Shopping Centre, coffee shops, restaurants, Cascades Casino, HD Stafford Secondary, Simmonds Elementary, Kwantlen Polytechnic University, community centre, parks, recreation and much more! Direct access to major transportation routes including Fraser Highway and the Trans-Canada Highway, allows an easy commute to surrounding destinations. Most homes feature spacious living areas, bay windows to brighten your home, an in-suite storage area, shared laundry facilities on 3rd floor, large balconies with gorgeous mountain or park views from some homes. This is a well maintained building that is quality built with vinyl siding and sound proofed ceiling for most homes. Waters Edge offers underground parking, wheelchair access, visitor parking, storage lockers and a common rooftop deck for everyone to enjoy. Waters Edge is situated in a desirable neighbourhood and offers condo living at its best!

 

 

 

 

 

 

 

Strata Sub Categories: Strata
 

Waters Edge Technical Info

Building Name Waters Edge
Address 5294 204 Street
City Langley
Neighborhood Langley City
Listing Price Range N/A
Floors 3
Units in Development: 46
Units in Strata:46
Property Types Freehold Strata
Sub Categories:Strata
Year Built 1982
ManagementGoddard And Smith
  604-534-7947
Restrictions Details
Strata Plan NWS1817
Title to Land Freehold Strata
  

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

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Other Buildings in Complex/Area

  1. A Portage Estates - 20350 53RD AVE - NWS266
  2. B Portage Estates - 5191 204TH STREET - NWS266
  3. C Portage Estates - 5231 204TH STREET - NWS266
  4. D Portage Estates - 5241 204 ALLEY - NWS266
  5. E Portage Estates - 5261 204TH STREET - NWS266
  6. F Portage Estates - 5271 204 STREET - NWS266
  7. G Countryside Estates - 20443 53RD AVE - LMS1236
  8. H Countryside Estates - 20453 53 AVE - LMS1236
  9. I Portage Estates - 20390 53 AVE - NWS266
  10. J Countryside Estates - 20433 53RD AVE - LMS1236
  11. K South Wynde Court - 5224 204TH STREET - NWS1816
  12. L Portage Estates - 20370 53RD AVE - NWS266
  13. M River's Edge - 20454 53RD AVE - NWS1815
  14. N Portage Estates - 5211 204TH STREET - NWS266
  15. O Portage Estates - 5221 204TH STREET - NWS266
  16. P Portage Estates - 5181 204TH STREET - NWS266
  17. Q Portage Estates - 5201 204TH STREET - NWS266
  18. R Rosewood - 20484 53RD AVE - NWS2918
  19. S Mcmillan Place - 5303 204TH STREET - NWS845
  20. T Macmillan Place - 5305 204TH STREET - NWS845
  21. U Mcmillan Place - 5307 204TH STREET - NWS845
  22. V Mcmillan Place - 5301 204TH STREET - NWS845
  23. W Mcmillan Place - 20307 53RD AVE - NWS845
  24. X Mcmillan Place - 20301 53RD AVE - NWS845
  25. Y Macmillan Place - 20305 53RD AVE - NWS845
  26. Z Morningside Estates - 5365 205TH STREET - NWS2618
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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

Real Estate Related News Articles(Sun and Province) Search News  

Mandarin 
# Article Publish Date Source
1 Growth in condo market share across the Canadian real estate market in 2021

Canadian real estate market sees higher share of condos in 2021, in wake of rising detached housing values; affordability shifts demand for condominiums into high gear in 2021


Canadian Real Estate Report: 2021 Housing Impacts to Condo Sector #LesTwarog
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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.


Real estate agents caught on hidden camera breaking the law, steering buyers f
2021/10/15 other
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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Can the First-Time Home Buyer Incentive be salvaged? #LesTwarog
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4 Discover in Surrey the New Bristol Estate transforming its neighborhood includes 6.27 acre property

The Surrey Centre Official Community Plan aims to transform the neighbourhood from a suburban town centre into a walkable, high-density and transit-oriented downtown for the South of Fraser region. The density and mix of uses is meant to create a city centre that is “more animated, livable and a place that thrives economically where residents can work, play, and live in their neighbourhood.”


New Bristol Estates in Surrey includes over 2,000 homes #LesTwarog
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5 Suspension against real estate agent Shahin Behroyan handed down in 2020 | B.C.’s Financial Services Tribunal

The real estate council didn't agree, arguing Behroyan's willingness to "defraud a client signals an issue concerning good character and suitability that represents a threat to the public, and a threat to public confidence in the real estate industry."


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