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Building & Condo information

Beacon Cove

7871 No 1 Road


Richmond, V7C 1T7 VRI22 - Quilchena RI

  • Levels: 3
  • Suites: 75
  • Status: Completed
  • Built: 1976
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Strata Plan: NWS505
  • Management company:  Self Managed
  • Bldg#: 6222

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Beacon Cove MLS® Listings

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Building Info

Beacon Cove - 7871 No 1 Rd, Richmond, BC V7C 1T7, Canada, NWS505. Located on No 1 Road at Blndell Road. This 3 level complex features 75 units and was built in 1976. Beacon Cove is a short drive to Archibald Blair Elementary School, JN Burnett Secondary School, Thompson Community Centre, Tera Nova Rural Park, Quilchena Golf and Country Club, Quilchena Elementary School, James Gilmore Elementary School, Manoah Steves Elementary School, RM Grauer Elementary School, Butterfly Progressive Montessori Preschool, Donald E. Mckay Elementary School. Convenient location, close to schools, transportation and shopping at Terra Nova and Seafair Mall. The complex features wood burning fireplace, lush courtyard, large rooms, clubhouse, shared laundry and plenty of visitor parking. Beacon Cove West Richmond steps to dyke, has a  family friendly neighbourhood, close to schools, shopping and bus.

Strata Sub Categories: Strata
 

Beacon Cove Technical Info

Building Name Beacon Cove
Address 7871 No 1 Road
City Richmond
Neighborhood Quilchena RI
Listing Price Range N/A
Floors 3
Units in Development: 4
Units in Strata:75
Property Types Freehold Strata
Sub Categories:Strata
Year Built 1976
ManagementSelf Managed
Restrictions Details
Strata Plan NWS505
Title to Land Freehold Strata
  

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Other Buildings in Complex/Area

  1. A Beacon Cove - 7831 NO 1 ROAD - NWS505
  2. B Beacon Cove - 7891 NO 1 ROAD - NWS505
  3. C Beacon Cove - 7851 NO 1 ROAD - NWS505
  4. D Beacon Cove - 3851 BLUNDELL ROAD - NWS505
  5. E Madison Estates - 7531 NO 1 ROAD - NWS2888
  6. F Quilchena Park Estates - 7491 NO 1 ROAD - NWS243
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December 2020 Market Insights

November 2020 Market Insights

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  

Mandarin 
# Article Publish Date Source
1 Learn about Speculation and Vacancy Tax

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.


Speculation and Vacancy Tax #LesTwarog
2021/01/22 other
2 Over 2000 Active Listings for Condo Apartments for Sale, over 172% of Supply at the End of 2020 Compared to 2019 - City of Toronto

Overall, the City of Toronto had 1,972 more active listings for condo apartments in December 2020 compared to the year prior. With 3,120 active condo listings available in the City of Toronto at the end of December, this represented a 172% increase y-o-y or 2.7x more active listings than at the end of December 2019. 


City of Toronto Had Nearly 2,000 More Condo Apartments For Sale at the End of
2021/01/21 other
3 Condo market is up with sales surging 90% y-o-y on the MLS on the first two weeks of January 2021

The optimism began manifesting late last year with condo sales in December increasing by 75.9% year-over-year in the City of Toronto, according to the Toronto Regional Real Estate Board’s latest data. The impetus for renewed confidence in the condo market was likely news that COVID-19 vaccines are available for distribution.


GTA condo sales jump 90% in first two weeks of January #LesTwarog
2021/01/19 Canadian Real Estate Wealth
4 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.


Pandemic housing boom means affordability is no longer just a big-city problem
2021/01/16 other
5 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.


Speculation tax a failure, critics contend #LesTwarog
2021/01/12 Western Investor
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