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Receive more information about Springate
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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
Springate - 8611 General Currie Road, Richmond, BC V6Y 3W4, Canada. Strata Plan NWS3066- Located in the desirable and quiet Central Richmond area on General Currie Road and Garden City Road. Springate is a well maintained complex that was rainscreened in 2001 and got a new roof in 2007. It is centrally located to transit, restaurants, coffee shops, close to Richmond City Hall, Richmond Public Library, all type of medical services and recreation facilities. Direct access to Granville Avenue, No 3 Road and other major routes allows an easy commute to surrounding destinations including Richmond Hospital, Richmond and Lansdowne Shopping Centres, Steveston Village, great Richmond parks as well as provides direct routes to Vancouver, Burnaby and New Westminster. Springate is just a short stroll to General Currie Elementary, St. Paul's, Richmond Secondary and Palmer Secondary Schools, Lansdowne Murdoch Daycare, Shoppers Drug Mart, Brighouse and Minoru parks and a good choice of ethnic restaurants including Saigon City Vietnamese, Ricky's All Day Grill, J Malone's Bar & Grill and many others. Springate is a three level complex built in 1989 with 72 units in strata. Most units feature large kitchen with eating area, partial laminate floorings, gas fireplace, in suite laundry, cheater ensuit and huge balcony or patio on the ground floor for BBQ. Complex also offers storage locker, parking stall, bike room and recreation facilities. Caretaker is available on site. Springate offers great living in the heart of the desirable and safe Central Richmond neighbourhood - Live here today!
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 30,944 in 2020, a 22.1 percent increase from the 25,351 sales recorded in 2019, and a 25.7 percent increase from the 24,619 homes sold in 2018.
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
Real Estate Related News Articles(Sun and Province)Search News
Q1 net income increase compare to previous quarter
The bank’s capital position remained “robust”, with a CET1 ratio of 12.5% “supporting strong volume growth and $1.5 billion in common share dividends paid.” RBC also boasted of a strong average Liquidity Coverage Ratio (LCR) of 141%.
According to CREA, as the spring market approaches, the current pace of home sales growth might be inhibited by an evident lack of supply, particularly in Ontario markets, to meet growing home buyer demand.
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