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The Gables MLS® Listings
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Building Info
The Gables - 5921 177b Street Surrey, BC V3S 4J7, NWS2723 - Located in the Cloverdale neighbourhood in Surrey on 177b street and 60 Avenue. This is a great location that is close to transit, Lord Tweedsmuir Secondary, Kwantlen Polytechnic University, Cloverdale Mall, restaurants, parks, recreation, medical services, Shoppers Drug Mart and more! Direct access to major highways allows an easy commute to surrounding destinations including Langley, White Rock, Downtown Vancouver and Delta. The Gables offers 7 units built in 1988 that are self-managed. Most homes feature spacious floor plans that range approximately between 1,200 to 1,250 sq. ft., insuite laundry, cozy fireplaces, single garages with additional parking in the driveway and private backyards with patio areas. This is a well maintained complex in a quiet neighbourhood in Surrey. The Gables has multiple addresses including 5921 177b Street with 4 units and 5925 177b Street with 3 units. This is comfortable townhome living that is suitable for the whole family - Live at the Gables!
Cloverdale is a historic town and designated town centre of Surrey, British Columbia, Canada, located near Langley, which is east of Vancouver.
Cloverdale is known by some as the historic centre of Surrey, B.C., and is home to many heritage sites.One of its oldest buildings, Christ Church,was built in 1882 and still stands today. Cloverdale is also the home to the City of Surrey's official Museum.
In addition to Cloverdale’s historic neighbourhoods, the community is experiencing residential growth in neighbourhoods such as East Clayton and West Cloverdale providing a variety of housing types. Leisure attractions in the area include the Fraser Downs Racetrack & Casino in the Cloverdale Fairgrounds and Northview Golf & Country Club.
Housing industry players are opposing Canada Mortgage and Housing Corporation’s dire forecast of an 18% decline in home prices over the next 12 months
Nanos - Consumer confidence in housing market still low
Polling found that 48.54% of respondents are anticipating a decline in home prices within the next few months – a level approximately three times above the average for this metric, Nanos Research said.
Stress test 2.0? What a 10% minimum down payment requirement would mean for Canadian buyers
His comments around the advantages of making 10 percent down payments and CMHC’s attempts to limit demand that have the industry wondering if an increase in the minimum down payment requirement may be in the cards.
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