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Building & Condo information

Middlegate Tower

7171 Beresford Street


Burnaby South, V5E 3Z8 VBSHG - Highgate

  • Levels: 12
  • Suites: 66
  • Status: Completed
  • Built: 1976
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Strata Plan: NWS738
  • Management company:  Ascent Management
  • Phone  604-431-1800  
  • E-mail  ascent@ascentpm.com  
  • Bldg#: 5868

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Building Info

Middlegate Tower - 7171 Beresford Street, Burnaby, BC V5E 3Z8, NWS738 - Located Beresford Street and Greenford Avenue in the popular Highgate subarea of Burnaby South - a vibrant urban community filled with local amenities, entertainment venues, recreational facilities, schools, conveniences, shopping and restaurants within a short distance away. Middlegate Tower is also close to theatres, libraries and numerous parks for outdoor enjoyment. The notable landmarks around Middlegate Tower include Michael J Fox Theatre, National Nikkei Heritage Centre Society, Highland Park Line, Southridge and Byrne Creek Urban Trails, Metropolis at Metrotown and Richmond Park. Direct access to the Kingsway and other major routes allows for an easy commute to surrounding destinations including Vancouver, Richmond and New Westminster. Middlegate Tower is close to Stride Avenue Elementary and Byrne Creek Secondary Schools, Highgate Preschool, PrimeCare Medical Clinic, Highgate Village shopping Centre, YYoga, Curves and Anytime Fitness Centres, Rona Home Centre and a wide variety of ethnic restaurants including Tim Hortons, Pearl House, Hi Genki, Wings Pub and Grill, Nao Sushi and many others. Middlegate Tower is a 12 level complex built in 1976 that consists of 66 units featuring wrap-around balcony and in-suite laundry. The complex also offers club house, bike room, storage and underground parking with garage door opener. Maintenance fees include caretaker, garbage pickup, gardening, heat, hot water and management. Complex has completely redone plumbing, new roof was installed in 2006-2007. Middlegate Tower offers great living in the heart of the popular and safe neighbourhood - Live here today!

 

Strata Sub Categories: Strata
 

Middlegate Tower Technical Info

Building Name Middlegate Tower
Address 7171 Beresford Street
City Burnaby South
Neighborhood Highgate
Listing Price Range N/A
Floors 12
Units in Development: 66
Units in Strata:66
Property Types Freehold Strata
Sub Categories:Strata
Year Built 1976
Strata Website ww1.ascentpm.com
Management Ascent Management
  604-431-1800
  (604) 431-1818
 ascent@ascentpm.com
Restrictions Details
Strata Plan NWS738
Title to Land Freehold Strata
Emporis Middlegate Tower
  

Middlegate Tower Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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May 2020 Market Insights

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%

March 2020 Market Insights

March sales were up 46% above last year. Listings are down 35% from last year

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

Mandarin 
# Article Publish Date Source
1 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
2 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
3 RE/MAX: COVID-19 can’t slow demand in Toronto real estate market

COVID-19 has not significantly deterred buyers in Toronto due to the market-friendly monetary and fiscal conditions driven by the federal government and the Bank of Canada, according to a RE/MAX analysis.

While employment levels have fluctuated and businesses have placed themselves on hold over the last few months, “at the same time, there has been sustained activity in the number of buyers compared to available listings,” RE/MAX said. “This is one of the chief factors in supporting price growth relative to last year’s pace, despite shifting market conditions.”


RE/MAX: amidst the Pandemic Toronto Real estate market is growing #LesTwarog
2020/07/08 Mortgage Broker News
4 CoreLogic launches AI driven platform for real estate agents

CoreLogic said that OneHome streamlines communication between agents and home buyers during the purchase process, while also providing access to financing, insurance and home improvement providers.


OneHome streamlines communication between agents and home buyers #LesTwarog
2020/07/07 other
5 Telling Tale of Two Hotel Sales in Victoria, an Award-winning Waterfront Property.

Sooke Harbour House made a name for itself internationally after Frederique and Sinclair Philip purchased the property in 1979. Their focus on locally grown food and seafood and a top-notch wine cellar earned them honours inside Canada and beyond. It has hosted movie stars and served as a movie-set location.


Telling tale of two hotel sales In Victoria, an award-winning waterfront prope
2020/07/06 Western Investor
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