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Ryan Villa MLS® Listings
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Building Info
Ryan Villa Fleetwood - 8757 160th Street Surrey, BC V4N 0C9, BCS1678 - Located on the corner of 160th Street and 88th Avenue in the desirable heart of Fleetwood. Ryan Villa Fleetwood offers 17 beautiful tonwhomes built in 2006 that are professionally managed. This location is within steps to Frostroad Elementary school, other private and public schools, transit, major transporation routes, parks, Surrey Sports and Leisure Complex, library, banks, restaurants, all your shopping needs and more! Most homes feature two or three levels, three bedrooms, beautiful tiled bay windows, 9 foot ceilings on main, hot water heating system, in-suite laundry and wood kitchen cabinetry. Other features include a large garage with a door opener and keypad on the outside, concrete car park pillars, TGI wood support and private backyards with spacious patios. Ryan Villa is a well maintained complex that offers visitor parking and landscaped grounds. This is a small, private community in a quiet location with all your amenities just minutes away - townhome living at it's finest!
Canadian government releases more details regarding its five year Housing Supply Challenge
The first round, dubbed the Data Driven phase, will attempt to address gaps in housing data “through technology or methodology-based solutions to improve data collection, sharing, analysis and integration, thus improving decision-making on housing supply,” the Canada Mortgage and Housing Corporation said late last week.
Condo investor lost much of their down payments during Covid-19 pandemic - analysis
After taking insurance into account, and assuming a 5% down payment, this translates to an average of 78% of a condo buyer’s down payment lost. As a disclaimer,Better Dwellingsaid that this calculation did not include any possible payments over the period due to the widespread loss of income nationwide.
Using the same calculation, Toronto was found to be especially worse off. Average condo price decline from April was at 1.86%, translating to a negative 111.2% return in equity. Even including payments over the period only leads to around 0.827% equity.
City of Vancouver, the lowest tax rate for commercial property among major Canadian cities
The tax shift is measured by a commercial-to-residential ratio that compares the commercial tax rate to the residential tax rate. For example, if the ratio is 2.50, a commercial property valued at $1 million dollars would incur property taxes 2.5 times higher than an equally-valued residential property.
Highlight on 2021 with regards emerging trends in Canadian real estate
“The coming year will be all about embracing opportunities to be resilient in the face of uncertainty, while shifting strategies in anticipation of market headwinds,” says Frank Magliocco, PwC Canada’s national real estate leader. “For the first time in a few years, we’re hearing divergent views from industry players about issues like the future of office spaces and the urbanization and suburbanization trends.”
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