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Building & Condo information

Woodward by Mosaic

5869 142 Street


Surrey, V3X 1C8 F36 - West Newton

Official Website: mosaichomes.com/property/woodward Developers Website: https://mosaicpropertiesinc.com/contact.php
  • Levels: 3
  • Suites: 44
  • Status: Under Construction
  • Built: 2023
  • Building Type: Strata Townhouses
  • Bldg#: 16407

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Building Info

Woodward - 5869 142 St, Surrey, BC V3X 1C8, Canada. Nestled at 144 Street and 59A Avenue in the neighbourhood of Surrey-Newton. Woodward is a new townhouse development by Mosaic Homes. Consist 43 elegant-2 & 3 bedrooms to eachunits and 3 levels. These townhomes well connected to the lower mainland. With a brand new city park and a greenway as your next-door neighbours, the best schools and universities, and shops all a short drive away, Woodward is right where you want to be. Plus, the charm and character youd expect from Mosaic Homes, but brand-new for you and your family to make your own.

Official Website: mosaichomes.com/property/woodward
Phone: 778.228.4116
Email: woodward@mosaichomes.com
Strata Sub Categories: Strata Townhouses
 

Woodward by Mosaic Technical Info

Building Name Woodward by Mosaic
Address 5869 142 Street
City Surrey
Neighborhood West Newton
Listing Price Range N/A
Floors 3
Units in Development: 44
Units in Strata: 44
Sub Categories:Strata Townhouses
Year Built 2023
Developer Mosaic Properties Inc
Official Website mosaichomes.com/property/
Restrictions Details
  

Woodward by Mosaic Building & Common Area Photos

Woodward - 5869 142 St - Mosaic Homes
Woodward - 5869 142 St - Mosaic Homes
Woodward - 5869 142 St - Mosaic Homes
Woodward - 5869 142 St - Mosaic Homes
Woodward - 5869 142 St - Mosaic Homes
Woodward - 5869 142 St - Mosaic Homes
Woodward - 5869 142 St - Mosaic Homes
Woodward - 5869 142 St - Mosaic Homes

Complex Site Map (Click image to enlarge)

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Complex Site Map (Click image to enlarge)

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Woodward by Mosaic Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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April 2024 Market Insights REBGV

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December Market Insights

Housing market resilient in 2023, ends year in balanced territory

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

Mandarin 
# Article Publish Date Source
1 Vancouver council open to increasing slots, table games at existing casinos

Vancouver city council voted this week to allow for applications to increase the number of slot machines and tables at the city’s two casinos, on the condition they be accompanied by an assessment of their social and economic impacts.

The request to amend the city’s 2011 gambling moratorium was made by the B.C. Lottery Corp., which told council the city’s population has increased 22 per cent in the past decade and that the amendment is a first step to allow BCLC to look at ways of expanding its two existing facilities — the Parq casino in Yaletown and Hastings Racecourse in East Vancouver — rather than building more casinos.


The Parq Cascino in Yaletown is allowed to have 600 slot machines and 75 table games
2024/05/10 The Vancouver Sun
2 The city has contributed more than $172 million to non-market housing in the form of land

The City of Burnaby has a total of 1,040 non-market housing units, including rentals and co-ops, just built or in development on its land, according to a new city report, and there’s more on the way.

The city lands program for non-market housing, which was adopted in 2015, leases city-owned lands at a nominal rate to non-profit housing providers through a public request for proposals (RFP) process.

The city has contributed about $172.44 million as part of the program, including land, grants and on-and-off-site works, according to the report which accounts for 11 projects that recently completed or were in progress as of March 2024.

The assessed value of the land makes up more than $120 million of that $172-million total contribution for the 11 projects.


These are the non-market rental housing projects developed on Burnaby-owned land
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3 Household Financial Health and Housing Market Trends

According to the March 2024 Edge Report, current trends in debt service ratios and net worth may indicate areas of concern. The prevalence of static payment variable rate mortgages, household debt-to-GDP ratios, and Canada’s heavy reliance on real estate assets, may raise concerns about resilience.

In Q4 of 2023, debt servicing costs stayed stable, with the household debt service ratio holding steady at 15%. This ratio, which reflects the portion of disposable income allocated to debt repayment, remains significantly high, at levels not seen since 1990. A minor adjustment downwards from the previously reported peak of 15.2% in Q3 should be noted, however.


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The federal government’s new Housing Plan, announced on April 12, 2024 and supported by Budget 2024, introduced a provision aimed at helping renters build credit by integrating rent payments into credit histories. It proposes amendments to the Mortgage Charter, encouraging collaboration among fintech companies, credit bureaus, and lenders to include rental payment data in credit scores.

The government calls on these agencies to create an ecosystem where renters can choose to include their rental payment history in their credit scores. It also expects lenders to prioritize comprehensive credit information, including rental payment history, in credit evaluations whenever feasible.



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5 Federal Budget 2024: What are the proposed capital gains tax changes and how might they affect me?

The capital gains tax inclusion rate – today and tomorrow

Today, only 50% of the capital gain is taxable (this is known as the capital gains tax inclusion rate). This means that $50,000 of the $100,000 earned from the sale of the cottage in our example is added as income for that tax year.

Here’s an example:

  • Your regular income, earned from your full-time job, is $75,000

  • You make a $100,000 profit from the sale of your cottage (after you pay real estate fees, closing costs, etc.)

  • 50% of the profit is taxable, which means you add $50,000 to your income during the tax year in which you realized this capital gain

  • $75,000 + $50,000 = a total income for that tax year of $125,000

The amount of tax you ultimately pay in that year will depend on your tax bracket and its marginal tax rate.


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