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Building & Condo information

Red Maple Place

5377 201a Street


Langley, V3A 1S7 F6A - Langley City

  • Levels: 3
  • Suites: 31
  • Status: Completed
  • Built: 1992
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Strata Plan: LMS226
  • Management company:  Self Managed
  • Bldg#: 5030

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Red Maple Place MLS® Listings

308 5377 201A STREET 2 Bed, 2 Bath,1207 Sqft.  $499,000 Sutton Group-West Coast Realty (Surrey/24)
103 5377 201A STREET 2 Bed, 2 Bath,1164 Sqft.  $499,000 RE/MAX Colonial Pacific Realty
103 5377 201A STREET 2 Bed, 2 Bath,1164 Sqft.  $499,000 RE/MAX Colonial Pacific Realty
(Nearby Listing)
308 5377 201A STREET 2 Bed, 2 Bath,1207 Sqft.  $499,000 Sutton Group-West Coast Realty (Surrey/24)
(Nearby Listing)

MLS® Listings Summary (2) New Projects under Construction  Area MLS® Listings  Team Listings 
(Open houses highlighted in yellow)

MLS® Address Style BD BA Area Mnt Price F/Plan
1 R2627459 308 5377 201a Street Inside Unit, 2 2 1,207 $390 $499,000 N/A
2 R2627341 103 5377 201a Street Inside Unit 2 2 1,164 $390 $499,000 N/A
Listings Listed By:  1. Sutton Group-West Coast Realty (Surrey/24)    2. RE/MAX Colonial Pacific 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

Red Maple Place - 5377 201A Street Langley, BC V3A 1S7, LMS266 - Located in the heart of Langley City on 201A Street and 53A Avenue. Red Maple Place offers 31 homes built in 1992 that are professionally managed. This is a central location close to bus stops, IGA, Valley Centre, restaurants, shops, trails, Cascades Casino, HD Stafford Secondary, Simmonds Elementary, Kwantlen Polytechnic University, community centre, parks, recreation and much more! Direct access to major transportation routes, allows an easy commute to surrounding destinations. Homes features spacious living areas, in-suite laundry, cozy fireplaces, plenty of windows to brighten your home, a large balcony with beautiful mountain views from most units and some offer two storeys. Red Maple Place is a well maintained building with recent updates including a new roof in 2008. Other features of this building include wheelchair access, an elevator, a recreation centre, a hobby room, visitor parking, bike storage and secured parking. This is a private and adult setting with condo living at its finest in a convenient location - Live at Red Maple Place!

Strata Sub Categories: Strata
 

Red Maple Place Technical Info

Building Name Red Maple Place
Address 5377 201a Street
City Langley
Neighborhood Langley City
Listing Price Range N/A
Floors 3
Units in Development: 33
Units in Strata:31
Property Types Freehold Strata
Sub Categories:Strata
Year Built 1992
ManagementSelf Managed
Restrictions Details
Strata Plan LMS226
Title to Land Freehold Strata
  

Red Maple Place Building & Common Area Photos

Red Maple Place
5377 201A Street Langley
Red Maple Place Entrance
Red Maple Place Entrance

Red Maple Place Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A Vista Gardens - 5419 201A STREET - LMS219
  2. B Pacific Court - 5355 201A STREET - BCS800
  3. C The Courtyard - 5388 201A STREET - BCS1556
  4. D Garden Grove - 5360 201ST STREET - NWS2886
  5. E The Sonnet - 5430 201ST STREET - BCS2075
  6. F Regency Terrace - 20110 MICHAUD CRESCENT - LMS1967
  7. G Marbleson Court - 5464 201A STREET - NWS3335
  8. H Catalina Gardens - 20189 54TH AVE - LMS1709
  9. I Monterey Grande - 20200 54A AVE - LMS1886
  10. J Michaud Mews - 5488 201A STREET - EPS1765
  11. K The Benjamin - 20175 53rd AVENUE - EPS4547
  12. L Briarwood - 5465 201ST STREET - LMS1344
  13. M Stonegate - 20177 54A AVE - LMS935
  14. N Kensington Court - 5255 201A STREET - BCS1206
  15. O Emerald Court - 20228 54TH AVE - LMS2028
  16. P Heritage Park - 5475 201ST STREET - LMS3214
  17. Q The Avante - 20237 54 - LMS3260
  18. R Arbutus Court - 20240 54A AVE - LMS1448
  19. S Suede - 20219 54A AVE - BCS4062
  20. T Canim Court - 5489 201ST STREET - LMS724
  21. U Cavalier Court - 20288 54TH AVE - LMS1384
  22. V Catherine Court - 19991 53A AVE - LMS00513
  23. W Parkside Place - 20088 55A AVE - LMS1772
  24. X Oxford Court - 20257 54TH AVE - LMS842
  25. Y Metro 1 - 20245 53RD AVE - LMS1657
  26. Z Brighton Place - 20268 54TH AVE - LMS2778
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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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1 A new development will rise that will redefine its meaning to live in the most desirable cities in the world

 Inspired by European capital cities like Paris and London, Burrard Place provides a blueprint for the future of downtown living in Vancouver.

Joining One Burrard Place and The Offices at Burrard Place, the 2 Burrard Place tower is the final piece in Burrard Place’s master plan, which will dominate Burrard Street with its impressive full city block within the downtown beach district. 


This high-demand development in Vancouver’s up-and-coming city block is the
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2 Real Estate industry trends indicators of the overall health of the economy in 2021

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4 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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5 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.”

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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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