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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
Timberlane Apartments - 7425 Shaw Avenue, Chilliwack, BC, V2R 3C1, LMS185 - located in Sardis East Vedder Rd area. Timberlane Apartments has great location and is walking distance to Chilliwack Mall, Cottonwood Mall, banks, pharmacies, Safeway, specialty shopping. Close to Real Canadian Superstore, Wells Sanctuary and Skowkale Indian Reserve 11. Sardis Elementary School and Evans Elementary School are in the neighbourhood. Ease access to freeway and minutes to Cultus Lake. This complex was built in 1992. It has frame-wood construction. Timberlane Apartments is a well maintained 3-level, 24 unit condo building. Cats are allowed, but no dogs. Rentals are permitted. Some features are high ceilings, laminate floors, storage and shared laundry.
REBGV 23% increase on Listing in MLS from last year. For November 2020 over 4068 newly listed. Continuing demand for Detached Home and Townhouse with the benchmark price of $1,044,000
October 2020 Market Insights
October 2020 showing a robust Sales-to-Active Listing Ratio with a high mark of 30% means that Market conditions prices typically stable based on the given the baseline of 12-20%. Based on this given data the continued demand for Townhomes, Detached Homes
September 2020 Market Insights
September had a fantastic sales of 56% over the same period last year. Listings were 32% over last year
August 2020 Market insights
Home sales in August were up 37% over August 2019. Listings weere 55% over August 2019
Real Estate Related News Articles(Sun and Province)Search News
The speculation and vacancy tax is designed to turn empty homes into housing for British Columbians, and ensure foreign owners and those with primarily foreign income contribute fairly to B.C.’s tax system.
The latest housing boom has also driven eye-popping price increases in areas that remain affordable
This time, though, the faster property appreciation isn’t happening in Vancouver and Toronto, two of Canada’s priciest markets, but in areas that were — at least until recently — affordable.
Housing experts doubt that the tax has had much effect on either the rental market or affordability
“This change in behaviour, and the tax continuing to capture speculators while exempting almost all British Columbians, shows this tax is working for the people of our province,” Finance Minister Selina Robinson said in the statement.
2021 multi-family deal of the year by InterRent, Crestpoint pay $292.5M in Vancouver
To put this $292.5 million deal in perspective, it represents more than 40 per cent of the total multi-family sales volume through the first three quarters of 2020 across all of Metro Vancouver.
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