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Celadon at Windsor Gate MLS® Listings
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Building Info
Celadon at Windsor Gate - 1131 Pipeline Road, Coquitlam, BC V3B 0E3, 27 levels, 187 units, estimated completion 2013 - located at the corner of Lincoln Avenue and Pipeline Road in Windsor Gate community of the Coquitlam City Centre. Soaring 27 stories above the city's skyline in the heart of Coquitlam Town Centre, Celadon by Polygon will be one of the tallest residential towers in Coquitlam. Evoking a sophisticated West Coast-style character through it sleek architecture and meticulous use of glass, steel and brick details, this highrise is an impressive statement of prestige and style.
Inside, the spacious and bright two bedroom homes will range from 770 to over 1,000 square feet and feature open-plan interiors and the latest in high-quality finishes, including gourmet kitchens with stone quartz countertops, glass tile backsplashes, stainless steel appliances, and custom designed cabinetry, and spa-inspired bathrooms with rectangular soaker tubs, marble countertops and backsplash, porcelain tile flooring and oversized showers. Floor-to-ceiling windows capture stunning panoramic views of city skyline and beyond. Plus spacious decks and balconies invite outdoor entertaining.
The building amenities will feature a meeting room, lounge, a fitness studio, a large community courtyard, graceful water features, and underground parking that also includes five designated car share stalls. Also, as a resident of Coquitlam Windsor Gate community, The Celadon residents will have exclusive access to the Nakoma Cub which boasts more than 18,000 square feet of amenities that include everything from a swimming pool to full size gym and from the entertainment terrace to movie screening rooms. There is even a resident concierge and guest suites.
Located in Coquitlam Town Center neighborhood, all the shopping, services, transit and top education opportunities of Coquitlam Town Centre are just minutes away yet only steps away are Coquitlam River trails, Lafarge Lake and Town Centre Park. Other close by is future Evergreen SkyTrain Line, the West Coast Express station, David Lam campus of Douglas College, Westwood Plateau Golf and Country Club.
The RE/MAX® brand delivers notable advantages – for agents with a RE/MAX brokerage
As the 2024 RE/MAX vs. The Industry report shows, RE/MAX agents are the most productive, meaning they close more transaction sides than other real estate agents, on average. In fact, RE/MAX agents closed an average of 11.8 transaction sides throughout 2023, nearly double that of the competition
But productivity isn’t the only place RE/MAX shines. The annual report, which ranks the results of national, full-service brokerage brands in the U.S., also highlights that the balloon-backed brand dominated in unaided brand awareness at 36.4%.
Canadian mortgage payments went from virtually nothing to very high
Canadian mortgage payments went from virtually nothing to the highest level in well over a decade, inflicting pain on mortgage borrowers. However, the value of homes also surged. In fact, from the rate cuts that sent home prices surging in March 2020 to the end of 2023, the growth rate of home prices outpaced the increase in the average mortgage payment on file at Equifax. This was true in most of Canada’s largest cities, especially in Eastern Canada where the average household’s payment significantly lagged home price growth.
Canadian Home Values Climbed Faster Than Mortgage Payments
B.C. housing market showing signs of marginal improvement
B.C.’s housing market saw a slight improvement in March as home sales nudged higher following a 5.9-per-cent decline in February. Sales increased 0.7 per cent to reach 5,866 unit sales. Home prices rose 1.8 per cent. This said, housing momentum has waned in the last few months as buyer sentiment shifted amid interest rate uncertainty.
MLS home sales increased in most of the province’s real estate board areas. The Greater Vancouver area saw home sales increase by 1.4 per cent following a decline in the previous month. In Chilliwack, home sales increased only slightly—by just 0.5 per cent—while the Kootenays reported a 17.2-per-cent increase. Home sales also rose 9.4 per cent on Vancouver Island, and were unchanged in the Fraser Valley. However, the Okanagan-Mainline and South Okanagan areas recorded sales declines of 8.9 per cent and 19 per cent, respectively.
Lethbridge industrial market strengthens as options limited
Western Canada’s industrial markets are at an inflection point as demand normalizes and the pause that hit new construction last year begins to make itself felt.
Conservative market sentiment is now creating the conditions for stronger performance in 2024, Avison Young reports, with cities like Lethbridge poised to see a landlord’s market for industrial space.
Lethbridge reported a 4.1 per cent vacancy rate in the first quarter, up from 4 per cent at the end of 2023. But space under construction is down more than half from last year to 50,000 square feet, creating potential supply constraints.
That change will have significant implications for cottage owners. Many have seen the value of their properties skyrocket in recent years, which could cause them to kick the tires and sell before the higher tax rules kick in.