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Wave MLS® Listings
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Building Info
Wave - 13303 103A Avenue, Surrey, BC. V3T 0K6, 28 Storeys, 468 Units, 1st tower estimated completion in Fall 2014., 2nd tower estimated completion Spring 2015. Wave - Rize Alliance's two aquatic-looking towers will rise up on the southeast corner of 104th Avenue and 133rd Street in Downtown Surrey. Wave comprises 450 condos and 18 townhouse units with suites ranging from 1 bedroom to 2 bedroom plus a den with ranging from 522 to over 1,000 sq. ft. With inventive architecture by IBI Group and exquisite interiors by False Creek Design Group, Wave will soon be recognized as the landmark buildings in the Lower Mainland.
Rising 28-stories and literally taking on a wave shape, Wave showcases impressive and iconic architectural statement marked by gorgeous patios with spacious and conforming to the wave theme design. Contemporary interiors feature open-plan layouts and sophisticated finishes, including gourmet kitchens with granite counters, custom cabinetry and sleek stainless steel appliances. Expansive floor-to-ceiling windows bring in natural light, and many suites have panoramic views in every direction. The building also has the great amenities including a rooftop patio, gym, media room, dog wash space, and bike repair area.
Located in the popular North Surrey's community of Whalley, Wave is just two blocks west of the Surrey Central SkyTrain station and north of WestStone's Urban Village project. More than 200 stores are spread out in the Central City Shopping Center; Old Yale Road Elementary, Civic Center Library & City Hall, Holland Park, the King George SkyTrain station, Surrey Memorial Hospital and Simon Fraser University are no more than a leisurely stroll. If you need to travel further, Highway #1, Highway #99, and Fraser Hwy are easily accessible by car.
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.
High-tech sensors in workplaces, postal-code analysis among tools for real estate strategies.
Driven by persistent return-to-in-person challenges, local companies are leveraging office space data to optimize the physical spaces they occupy.
Employee commute times and office space utilization data are informing companies’ strategies for encouraging in-person work and optimizing office layouts to meet long-term goals, according to those who spoke toBIV.
“As companies are revisiting or choosing to revisit their office space, they’re looking at a year to two years of real good data of who’s coming in, how often, what are they doing and what’s the purpose of the office for those people,” said Alain Rivère, vice-president of the high technologies group at CBRE.
Detached home starts decline as condo, townhome starts boom in 2023
The West Coast housing market saw a significant boost in construction activity last year, according to a new report by the Chartered Professional Accountants of British Columbia (CPABC).
The annualBC Check-Up: Investreport found that construction began on 35,553 housing units in southwest B.C. during the year, a 20.9 per cent jump compared with 2022. This marks the highest number of housing starts ever recorded in the region.
“Our members living in the Lower Mainland have consistently reported that housing prices are the biggest challenge facing B.C. businesses,” said Lori Mathison, president and CEO of CPABC, said in an April 18 statement.