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Southwood Estates

7563 Humphries Court


Burnaby East, V3N 4K9 VBEED - Edmonds BE

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Southwood Estates MLS® Listings

23 7565 HUMPHRIES .. 2 Bed, 1 Bath,903 Sqft.  $475,000 Nu Stream Realty Inc.
20 7565 HUMPHRIES .. 2 Bed, 1 Bath,904 Sqft.  $529,900 Royal LePage Sussex
24 7565 HUMPHRIES .. 2 Bed, 1 Bath,942 Sqft.  $499,800 Renanza Realty Inc.
102 7377 14TH AVENUE 3 Bed, 2 Bath,1028 Sqft.  $750,000 Royal LePage Sussex
(Nearby Listing)

MLS® Listings Summary (3) New Projects under Construction  Area MLS® Listings  Our Listings 
(Open houses highlighted in yellow)

MLS® Address Style BD BA Area Mnt Price F/Plan
1 R2609942 23 7565 Humphries Court Upper Unit 2 1 903 $253 $475,000 N/A
2 R2592268 20 7565 Humphries Court Upper Unit 2 1 904 $256 $529,900 N/A
3 R2612243 24 7565 Humphries Court Corner Unit, 2 1 942 $253 $499,800 N/A
Listings Listed By:  1. Nu Stream Realty Inc.    2. Royal LePage Sussex    3. Renanza Realty Inc.   
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

Southwood Estate - 7563 Humphries Court, Burnaby, BC V3N 3E9, NWS2155 - located in Edmonds Burnaby East area, near the crossroads 16th Avenue and Kingsway. Southwood Estate is just minutes from Betty's Daycare, Twelfth Avenue Elementary, Mary Avenue Park, Ernie Winch Park and Richmond Park. Close to Poplar Park, Stride Avenue Park, Taylor Park, Byrne Creek Urban trails, Stride Avenue Elementary and Byrne Creek Secondary. The bus stops on Kingsway that is within steps from the complex. Edmonds Skytrain station in a short stroll. Highgate Shopping Centre just a couple of blocks from the development where you can find Save-On-Foods, Shoppers Drug Mart, Starbucks, Blenz, Subway, Liquor Store and fitness facility. There are a lot of restaurants in the neighbourhood where you can enjoy your lunch or dinner. House of Wings, Freshslice Pizza, Chinese Foods, Nao Sushi are only a few for your enjoyment. Metrotown with all its shops and facilities is within 5 minutes drive. The complex also has an easy access to Trans-Canad Hwy1 that can take you to Vancouver. The Southwood Estate was built in 1979. It has frame-wood construction with wood exterior finishing. Two pets are allowed. Rentals are permitted with some restrictions. The features are garden, in-suite laundry and recreation centre. Some homes offer granite countertops, stainless steel appliances, open floor plan and large balcony.

Strata Sub Categories: Strata
 

Southwood Estates Technical Info

Building Name Southwood Estates
Address 7563 Humphries Court
City Burnaby East
Neighborhood Edmonds BE
Listing Price Range N/A
Units in Development: 71
Units in Strata:71
Property Types Freehold Strata
Sub Categories:Strata
Year Built 1979
Strata Website century21pel.com/
Management Century 21 Prudential Esta
  604-273-1745
  604-273-9021
 inquiries@Century21..
Restrictions Details
Strata Plan NWS2155
Title to Land Freehold Strata
  

Southwood Estates Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

Please click the image above to view respective full map. This will open in a new window.

Featured Properties

2710 128 W CORDOVA.. 2 Bed, 2 Bath,1158 Sqft.  $1,295,000 RE/MAX Crest Realty
278 ALLISON STREET 3 Bed, 1 Bath,1248 Sqft.  $3,100,000 RE/MAX Crest Realty
5850 GRANVILLE STR.. 7 Bed, 3 Bath,2495 Sqft.  $4,030,000 RE/MAX Crest Realty
1601 999 SEYMOUR S.. 0 Bed, 1 Bath,473 Sqft.  $618,000 RE/MAX Crest Realty
607 1833 CROWE STR.. 2 Bed, 2 Bath,1058 Sqft.  $1,050,000.00 RE/MAX Crest Realty
2003 999 SEYMOUR S.. 2 Bed, 1 Bath,711 Sqft.  $875,000.00 RE/MAX Crest Realty
910 ROBINSON STREET 5 Bed, 2 Bath,2000 Sqft.  $1,490,000.00 RE/MAX Crest Realty
1203 1277 NELSON S.. 2 Bed, 2 Bath,948 Sqft.  $897,000.00 RE/MAX Crest Realty

Other Buildings in Complex/Area

  1. A Southwood Estates - 7567 HUMPHRIES COURT - NWS2155
  2. B Southwood Estate - 7561 HUMPHRIES COURT - NWS2155
  3. C Humphries Court - 7557 HUMPHRIES COURT - NWS2155
  4. D Southwood Estates - 7555 HUMPHRIES COURT - NWS2155
  5. E Southwood Estates - 7565 HUMPHRIES COURT - NWS2155
  6. F Southwood Estate - 7553 HUMPHRIES COURT - NWS2155
  7. G Vibe - 7377 14th AVE - BCP47249
  8. H Maplewood Terrace - 7370 STRIDE AVE - BCS1590
  9. I Kingsgate Gardens - 7428 14TH AVE - BCS3684
  10. J Southwood Estate - 7551 HUMPHRIES COURT - NWS2155
  11. K Southwood Estates - 7569 HUMPHRIES COURT - NWS2155
  12. L Southwood Estates - 7549 HUMPHRIES COURT - NWS2155
  13. M Southwoods Estate - 7559 HUMPHRIES COURT - NWS2155
  14. N 7473 14th Ave - 7473 14TH AVE - BCS2749
  15. O Southgate - 7333 16TH AVE - BCS2137
  16. P Britton South Burnaby - 7458 BRITTON STREET - BCP52077
View All Buildings in Burnaby East

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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3 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.


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4 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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