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Building & Condo information

Cotton Ridge

45645 Knight Road


Sardis, V2R 0B1 H9C - Sardis West Vedder Rd

  • Levels: 4
  • Suites: 54
  • Status: Completed
  • Built: 2006
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Strata Plan: BCS1844
  • Management company:  Homelife Glenayre Property
  • Phone  604-858-7368  
  • Bldg#: 4602

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Cotton Ridge MLS® Listings

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Building Info

Cotton Ridge - 45645 Knight Road, Chilliwack, BC V2R 3J7, BCS1844 - located in Sardis West Vedder Rd area of Sardis. Cotton Ridge is a 2 minute walk to Chilliwack Mall, Cottonwood Mall, Canada Safeway Limited, and walking trails. Close to transit, Real Canadian Supterstore, Walmart, Starbucks, Sardis elementary School and Evans Elementary School. Easy access to Trans-Canada Hwy1. Close to specialty stores, novelty stores, restaurants, gas station. The restaurants in the neighbourhood are Cakes on Demand by Sharon, Ginko Chinese Food, Husky House, Quizno's Classic Subs, C-Lovers Fish and Chips, Vedder Sushi and Bay Leaf. The complex was built in 2006. It has frame-wood construction, full rain screen and four levels. There are 54 units in strata and in development. Cotton Ridge is an adult-oriented complex with age restriction of 19+. Two pets are allowed. Rentals are not permitted. Most homes offer 9' ceiling, large patio, in-suite laundry, good size living room, crown mouldings, laminate floors, storage, gas fireplace and a balcony. Some units have staneless steel appliances, walk-in closets and mountain views. The complex offers a guest suite, exercise room, secure underground parking and an elevator.

Crossroads are Vedder Road and Evans Road.

Strata Sub Categories: Strata
 

Cotton Ridge Technical Info

Building Name Cotton Ridge
Address 45645 Knight Road
City Sardis
Neighborhood Sardis West Vedder Rd
Listing Price Range N/A
Floors 4
Units in Development: 54
Units in Strata:54
Property Types Freehold Strata
Sub Categories:Strata
Year Built 2006
Strata Website hgpmc.com/
Management Homelife Glenayre Property
  604-858-7368
  604-858-7380
Restrictions Details
Strata Plan BCS1844
Title to Land Freehold Strata
  

Cotton Ridge Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A Ascott Estates - 7455 HURON STREET - NWS2331
  2. B Knight Lodge - 45660 KNIGHT ROAD - NWS3037
  3. C Las Palmas - 7450 HURON STREET - LMS1749
  4. D Storey Lane - 45606 STOREY AVE - LMS59
  5. E Arlington Estates - 45624 STOREY AVE - BCS2407
  6. F Morningside - 45520 KNIGHT ROAD - LMS1576
  7. G Whispering Pines - 45640 STOREY AVE - NWS3275
  8. H Eagle Ridge - 45729 GAETZ STREET - LMS599
  9. I Timberlane - 7425 SHAW AVE - LMS185
  10. J Timberlane Apartments - 7435 SHAW AVE - LMS185
  11. K Mountain View Terrace - 7415 SHAW AVE - LMS1075
  12. L Keypoint Villas - 45435 KNIGHT ROAD - LMS117
  13. M Heron's Landing - 44420 SHERRY DRIVE - EPS280
View All Buildings in Sardis

June 2020 Market Insights | REBGV

May 2020 Market Insights

Sales for May are up 34% from April and down 44% for May last year. Listings are down 37% from the same period last year, but 59% increase over April listings

BCREA Housing Market Update (June 2020)

Province May sales were down 45% compared to May 2019. Listings are down 10% year-over-year.

Market Insights April 2020

April Sales in COVID-19 time were down 40% from same period last year. Listings were also down by 60% from the same period last year.

BCREA Housing Market Update (May 2020)

Sales across BC fell 50% in April. Listing are down by 43%

Real Estate Related News Articles(Sun and Province) Search News  

Mandarin 
# Article Publish Date Source
1 Reverse mortgage as an exit strategy is a good idea?

Pimento suggests brokers offer using a reverse mortgage when building an exit strategy out of a high-interest alternative mortgage. Offering a lower interest, long-term strategy will not only benefit the homeowner, but adds an additional commission stream for the broker. Clients can use funds from a reverse mortgage to pay exit penalties from an alternative mortgage, and free themselves from a high-interest loan.


Using a reverse mortgage as an exit strategy #LesTwarog
2020/07/13 Mortgage Broker News
2 Conference Board of Canada foreseeable outlook for Canadian Real Estate economy

The Board’s Canadian Outlook Summary: Summer 2020, in contrast to projections made by institutions like the Canadian Mortgage and Housing Corporation, predicts less dramatic declines in housing prices, but its remaining insights track closely with projections that see the damage done to Canada’s economy at the hands of COVID-19 lingering well into 2021.


Conference Board releases mid-term outlook for Canadian real estate, economy #
2020/07/11 Mortgage Broker News
3 CRA’s eyeing tax audit for Canadian property transaction in the US

A Canadian taxpayer who is reassessed through this audit can face substantial tax penalties on top of interest, not to mention the professional and legal fees required to respond and object to the audit. There is also a possibility of prosecution for tax fraud or tax evasion. This article will break down the typical issues that could come up in a tax audit of undeclared real estate property or unreported real estate transactions.


CRA’s tax audit of U.S. real estate transactions #LesTwarog
2020/07/10 REM
4 REW, B.C’s real estate leading platform expanding their established listing adding rental properties.

In addition to listings, REW.ca says renters will have access to videos, virtual tours, market insights, and detailed descriptions of the rental properties, including their location, nearby schools, and amenities.

When asked about REW’s strategy, Bray added that, “our goal is to help Canadians find their next home, no matter what that looks like. Whether it’s buying a brand-new development, browsing a listing down the street, or finding a great rental apartment, REW is focused on delivering a complete real estate experience for everyone.”


REW.ca shakes up the real estate market by adding rental properties to B.C.
2020/07/08 other
5 Prices steady as resale home sales increase Metro Vancouver's June housing sales up month-over-month and 17 per cent above June 2019 with prices higher than a year ago

The total number of homes currently listed for sale on the MLS system in Metro Vancouver is 11,424. That's 23.7 per cent down from the 14,968 homes that were listed for sale in June 2019, but up 15.1% per cent from the 9,927 listed properties in May 2020.

 

For all property types, the sales-to-active listings ratio for June 2020 was 21.4 per cent. By property type, the ratio is 19.9 per cent for detached homes, 25.2 per cent for townhomes, and 21.3 per cent for apartments. Real estate insiders tend to describe the market as a “buyers’ market” when the sales-to-active-listings ratio is less than 12 per cent, and a “sellers’ market” when that ratio is above about 20 per cent for several months in a row.

 

Sales of detached homes in June reached 866, up 16.1 per cent from the 746 detached sales recorded in June 2019. The benchmark price for a detached home was $1,464,200, up 3.6 per cent from June 2019, and up 0.5 per cent from May 2020.


Prices steady as resale home in Metro Vancouver housing sales on June-Q2, incr
2020/07/08 Western Investor
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