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Cottonwood Ridge

11252 Cottonwood Drive


Maple Ridge, V0V 0V0 VMRCO - Cottonwood MR

  • Levels: 3
  • Suites: 81
  • Status: Completed
  • Built: 2011
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Strata Plan: BCP43450
  • Management company:  Profile Properties Ltd.
  • Phone  604-464-7548  
  • E-mail  info@profile-properties.com  
  • Bldg#: 7848

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Cottonwood Ridge MLS® Listings

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Building Info

Cottonwood Ridge - 11252 Cottonwood Drive, Maple Ridge, BC V2X 5V5, BCP43450 - located in Cottonwood area of Maple Ridge, near the crossroads Cottonwood Drive and 232nd Street. Cottonwood Ridge is situated just off the Lougheed Hwy, surrounded by natural beauty and close to the city centre. Golden Ears Park, Albion Sports Facilities, Planet Ice, Kanaka Creek Elementary, Boot Camp, Rieboldt Park, Regional and Municipal Parkland, Samuel Robertson Technical Secondary, Ridge Medows Speed Skating Association, Albion Pizzeria, Kanaka Creek Coffee, Maple Ridge Lawn Bowling Club, Arthur Peake Centre and 7-eleven are within minutes from the complex. The residents of Cottonwood Ridge have an easy access to local golf courses as well as comfortable commute to Vancouver via the West Coast Express. Golden Ears Bridge is a short distance from the complex. Cottonwood Ridge was built in 2011 with a frame-wood construction and stone exterior finishing. There are 81 units in development and in strata. Most homes offer granite countertops, stainless steel appliances, in-suite laundry, hardwood floors, gas fireplaces, gas furnace, fire protect sprinkler systems and double tandem garages. Cottonwood Ridge is under 2-5-10 New Home Warranty. 

Strata Sub Categories: Strata
 

Cottonwood Ridge Technical Info

Building Name Cottonwood Ridge
Address 11252 Cottonwood Drive
City Maple Ridge
Neighborhood Cottonwood MR
Listing Price Range N/A
Floors 3
Units in Development: 81
Units in Strata:81
Property Types Freehold Strata
Sub Categories:Strata
Year Built 2011
Strata Website www.profile-properties.com/
Management Profile Properties Ltd.
  604-464-7548
  (604) 464-1005
 info@profile-proper..
Restrictions Details
Strata Plan BCP43450
Title to Land Freehold Strata
  

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

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5870 GRANVILLE STR.. 5 Bed, 3 Bath,3300 Sqft.  $4,000,000 RE/MAX Crest Realty
702 588 BROUGHTON .. 2 Bed, 2 Bath,942 Sqft.  $1,400,000 RE/MAX Crest Realty
607 1833 CROWE STR.. 2 Bed, 2 Bath,1058 Sqft.  $1,050,000.00 RE/MAX Crest Realty
2003 999 SEYMOUR S.. 2 Bed, 1 Bath,711 Sqft.  $875,000.00 RE/MAX Crest Realty
910 ROBINSON STREET 5 Bed, 2 Bath,2000 Sqft.  $1,490,000.00 RE/MAX Crest Realty
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Other Buildings in Complex/Area

  1. A The Meadows At Verigin's Ridge - 11282 COTTONWOOD DRIVE - BCS2464
  2. B Cottonwood Terrace - 11355 COTTONWOOD DRIVE - LMS1184
  3. C Foxfield - 11229 232ND STREET - LMS1362
  4. D Carriage Lane - 11358 COTTONWOOD DRIVE - LMS3295
  5. E Highfield - 11255 232ND STREET - LMS4035
  6. F College Lane - 11458 232ND STREET - LMS3147
  7. G Kanaka Village - 11125 232ND STREET - NWS2199
  8. H Silver Heights Estates - 13771 232A STREET - BCS3588
  9. I Village Green - 12161 237TH STREET - LMP9544
  10. J Station One - 12070 227TH STREET -
  11. K Parc Vue - 12040 222ND STREET - BCP50302
  12. L The Village at Bedford Landing - 9275 Glover ROAD - NWS1335
  13. M Osprey - 10973 BARNSTON VIEW ROAD - EPS1618
  14. N Spencer Brook - 23986 104TH AVE - BCP45801
  15. O Athenry Gate - 8312 208th STREET -
  16. P Focus - 8174 208 STREET -
  17. Q Mason&Green - 7848 209 AVE - EPS1796
  18. R Nature's Walk - 20966 77A AVE -
  19. S Cedar Downs - 12635 190A STREET - BCS4294
  20. T Cedar Downs - 12655 190A STREET - BCS4294
  21. U Latimer - 7570 200 ST - NWP1257
  22. V Bliss at Latimer - 19685 74 AVE - EPP68696
  23. W Fremont Indigo - 2371 RANGER LANE - BCP50150
  24. X Fremont Green South - 2307 RANGER LANE - BCP50150
  25. Y Joi - 18818 71 AVE - EPS1720
  26. Z Celadon - 3102 WINDSOR GATE - BCP38808
View All Buildings in Maple Ridge

September 2021 Market Insights

August 2021 Market Insights

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,152 in August 2021, a 3.4 per cent increase from the 3,047 sales recorded in August 2020, and a 5.2 per cent decrease from the 3,326 homes sold in July 2021.

July 2021 Market Insights

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,326 in July 2021, a 6.3 per cent increase from the 3,128 sales recorded in July 2020, and an 11.6 per cent decrease from the 3,762 homes sold in June 2021.

June 2021 Market Insights

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,762 in June 2021, a 54 per cent increase from the 2,443 sales recorded in June 2020, and an 11.9 per cent decrease from the 4,268 homes sold in May 2021.

May 2021 Market Insights

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,268 in May 2021, a 187.4 per cent increase from the 1,485 sales recorded in May 2020, and a 13 per cent decrease from the 4,908 homes sold

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3 CREA and RECO issued a notice about steering to over 93,000 real estate agents

"In addition to being illegal, the conduct undermines consumer protection, consumer confidence and the reputation of the real estate profession as a whole," said the notice.

Across the country, the National Realtor Code of Ethics, as well as provincial real estate laws, dictate that agents must act with honesty and promote the interests of the individual they represent. Some provincial laws, including in Alberta and Ontario, address the issue of steering specifically.


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4 Canadians hoping to enter the housing market to homeownership for qualified first-time buyers

 It remains to be seen whether proposed tweaks can revive the much-maligned federal program

On paper, it seemed a welcome break for Canadians hoping to enter the housing market: a federal incentive program aimed at reducing the monthly mortgage burden and easing the passage to home ownership for qualified first-time buyers.

Over two years after its introduction, though, the jury is still out on whether the First-Time Home Buyer Incentive, unveiled by the federal government in September 2019, has had any significant impact in addressing the mounting challenges faced by would-be homeowners across the country.

Figures released to Parliament in April painted a damning picture of the program, revealing that it had seen an uptake of just over 9,000 successful applicants since its introduction – with the $170 million released in incentives representing a small fraction of the program’s $1.25 billion overall value.

One of the most significant stumbling blocks in the incentive, which offers mortgage relief through a shared-equity program between homebuyers and the government, appeared to be the fact that ever-soaring house prices across much of Canada meant that it had little impact on prospective buyers in the country’s hottest markets.

While the government introduced changes to the program late last year – announcing increased household income and buyer’s income thresholds for Vancouver, Victoria and Toronto – those amendments still meant that the program’s maximum eligible home price remained well below the going rate in those markets.

The program has faced staunch opposition from the get-go, with Conservative MPs Tom Kmiec and Stephanie Kusie urging the government to scrap the scheme in May 2020 after it had been in operation for less than a year.

Read more: Conservative MPs urge feds to eliminate First-Time Homebuyer Incentive

Still, the governing Liberals have stuck resolutely by the plan, announcing in their platform prior to September’s federal election – in which they were returned to government, having emerged once more as the largest party in Parliament – that they would retain and rejig the scheme if re-elected.

Under that platform’s proposals, changes to the program would give applicants a choice between the current shared-equity approach and a loan that’s repayable when the property is eventually sold – theoretically allowing new homebuyers to keep more of any increase in their home’s value while also reducing mortgage costs.

CanWise Financial president and RateHub co-founder James Laird told Canadian Mortgage Professional in recent weeks that the First-Time Home Buyer Incentive was an “illogical, complex program” that made little sense and should have been abandoned completely, rather than reworked.

In Newfoundland and Labrador, Robert Jennings (pictured top), owner and mortgage broker at East Coast Mortgage Brokers, said that while the scheme was often raised as a topic among clients, actual uptake had proven limited.

“I would say we have a fair amount of conversations, but it doesn’t lead to a lot of usage,” he said. “The usage rate is very low. I believe if I were to pinpoint it, the lean on the property [government involvement] would be really discouraging to a young, proud first-time homebuyer.

“I feel like maybe in Newfoundland in particular, there’s a home ownership pride that they don’t want to share or give up… Of course, there’s the eligibility issues as well. It seems like in a lot of cases trying to put a square peg in a round hole.”

Read next: What the Canada election result means for the mortgage industry

While Jennings said that the scheme had arguably fallen short in its attempts to create a smoother path to first-time home ownership, he believes efforts at a federal level to address the country’s growing housing affordability crisis are to be applauded.

“Everybody made it a big deal in their platforms – not just first-time home ownership, but home ownership in general and affordability,” he said. “I just really hope that they re-evaluate everything.

“They had good intentions, but I feel like they missed the mark. There’s no reason not to try; the problem’s not going away. I’d like to see what happens when the dust settles and I hope that it [the housing crisis] remains a priority, because they certainly made it seem like it would on the campaign trail.”

A good place to start, Jennings said, would be for the federal government to work collaboratively with stakeholders and those who work daily in the mortgage and housing industries – whether that be on changes to the stress test or potential longer-term amortizations.

“What I want is them not to do things blindly,” he said, “to embrace input, do their homework and try to get it done – but also get it done right.”

 

 

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