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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
Lodana by Circadian Group - 601 Rochester Ave, Coquitlam, BC V3K 2V3, Canada.
Lodana Coquitlam is a new residential community located at Rochester Avenue and Clayton Street in West Coquitlam, British Columbia, Canada. It is being developed by the Circadian Group and is scheduled for completion in 2024. The community will consist of 123 strata homes, including 72 condominiums, 48 townhomes, and 3 heritage home suites. The condominiums will range in size from 352 to 1,152 square feet, and the townhomes will range in size from 571 to 1,855 square feet.
Lodana Coquitlam is designed to be a family-friendly community, with amenities such as a playground, a splash pad, a picnic area, and a community center. The community is also located within walking distance of schools, shops, and restaurants.
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.
123 quality crafted homes, including 72 condos, 48 townhomes and 3 heritage home suites connected by a revitalized Heritage Home featuring amenities for all
Exceptional residences built by the renowned Circadian Group with interiors by Portico Design Group
From courtyard patios to rooftop decks, all homes feature a connection between the indoors and outdoors
Elevated comfort with central air conditioning standard in all condo units and heat pumps in the townhome and heritage home suites
Enhanced security with double gated parkade, entry gate cameras and advanced FOB system for convenient access into buildings, common areas, elevators and storage
Ease of parking with ample visitor spots as well as EV parking stalls for residents
Designated bike storage with additional storage and e-bike lockers available for purchase
SOUGHT AFTER DESTINATION
Perfectly located in West Coquitlam along the residential tree-lined Rochester Avenue within a short walk or drive to restaurants, shopping and Lougheed Town Centre
Connectivity to Vancouver and neighbouring cities is made easy with Lougheed SkyTrain Station a 10-minute walk away
Endless recreation is just around the corner with multiple recreation centres, Vancouver Golf Club, as well as green spaces like Mundy Park, Como Lake Park, Blue Mountain Park, Burnaby Lake, Burnaby Mountain Trails, and so much more
Neighbourhood boasts an abundance of schools and daycares providing educational options for every grade
AMENITIES TAILORED TO YOUR LIFESTYLE
The Heritage home serves as the heart of the development, connecting the residences to a space for relaxing and entertaining with a kitchen, dining area, fireplace lounge, and kids play area
All homes include access to exceptional outdoor community space for the ultimate in alfresco living featuring BBQ, communal table seating and fire table seating
The shared rooftop offers a calm sanctuary for all to unwind and connect with intimate group seating and lighting for evening gatherings
IDEAL INTERIORS
Durable luxury vinyl flooring throughout the home features a natural wood look that is waterproof and pet-friendly
Studio homes feature modern sliding glass doors, allowing light to flow throughout
Energy smart appliances, including front load washers and dryers in each home, select homes feature separate laundry rooms
GOURMET KITCHENS
Kitchens feature a mingling of warm wood hues in the upper cabinetry with a contemporary palette for the lower cabinetry offered in three optional colour schemes of Linen, Slate or Moss
Laminate cabinet composition is low maintenance and durable while providing resistance to moisture
Sophisticated finishes with quartz countertops and backsplash, brushed nickel hardware and under-cabinet LED strip lighting for a warm glow
Innovative kitchen organization solutions include pull-out recycling, waste bins and plenty of space-saving corner storage
All homes feature built-in Panasonic microwaves with trim kit and slideout hood fan
Epicurean kitchens include fully integrated Fisher and Paykel appliance packages, including:
– Heritage home suites feature 36-inch refrigerators with 30-inch selfcleaning ovens, 30-inch stainless steel gas cooktops – One and two-bedroom townhomes feature 30-inch refrigerators, while three-bedroom townhomes feature 36-inch refrigerators. All townhomes feature 30-inch self-cleaning ovens and 30-inch stainless steel gas cooktops – One to three-bedroom condos feature 30-inch refrigerators, 30-inch self-cleaning ovens, 30-inch stainless steel gas cooktops – Studio suites feature 24-inch refrigerators with 24-inch ovens, 24-inch stainless steel gas cooktops – 24-inch energy-efficient dishwasher with hidden controls
SERENE BATHROOMS
Main bathrooms feature vanity light fixtures designed to reduce shadows and provide clear illumination
European-style flat panel cabinetry paired with porcelain tile, white marble-like countertops, backsplash and under-mounted sinks for a sleek look and feel
Brushed nickel accessories add a touch of modern sophistication to the space
In-floor heating for comfort in all primary bathrooms
Enhanced storage solutions make for easy organization with medicine cabinets in primary bathrooms and thoughtfully placed niches in showers and bathtubs
Water conservancy high-efficiency dual-flush toilets in all bathrooms
Premium high efficiency faucets and rounded bottom sinks
Select bathrooms include oversized rainshower heads for a touch of luxury and adjustable hand shower slide bars allowing for custom height settings
Restrictions
Restrictions updated:
January 2011
Construction Information
Year Built
2024
Levels
6
Construction
Frame - Wood
Strata Information
Strata Plan #
Units in Development: 123
Units in Strata: 123
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