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Building & Condo information

Parallel North Townhomes

1968 N Parallel Road


Abbotsford, N0N 0N0 F75 - Abbotsford East

  • Levels: 3
  • Suites: 21
  • Status: Completed
  • Built: 2016
  • Title To Land: Freehold Strata
  • Management company:  Self Managed
  • Bldg#: 13797

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Parallel North Townhomes MLS® Listings

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Building Info

Parallel North Townhomes, 1968 N Parallel Road, Abbotsford, N0N 0N0 is located in Abbotsford East of Abbotsford. Parallel North Townhomes has 21 Units and 3 Levels. This building was built in 2016. There are 0 active listings in Parallel North Townhomes. Building features include none.
 

Parallel North Townhomes Technical Info

Building Name Parallel North Townhomes
Address 1968 N Parallel Road
City Abbotsford
Neighborhood Abbotsford East
Listing Price Range N/A
Floors 3
Units in Development: 0
Units in Strata:21
Property Types Freehold Strata
Year Built 2016
ManagementSelf Managed
Restrictions Details
Title to Land Freehold Strata
  

Parallel North Townhomes Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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June 2020 Market Insights | REBGV

BCREA Housing Market Update (July 2020)

Sales in BC for June are up 17% from last year. Listings in June are still below average.

Understanding the Buyer’s Agency Exclusive Contract

what are the information that need to know about the Buyer's Agency Exclusive Contract.

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.

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

Mandarin 
# Article Publish Date Source
1 Bill 197 condo owners needs to know

While Bill 197 is unlikely to make headlines for its real estate components – it is an exceptionally broad piece of legislation – it could lead to increased costs for developers. Anyone who has dabbled in the new construction space will know what that means.

“At the end of the day, when they say ‘The developer has to pay this, and the developer has to pay that,’ there’s only one person who pays for that – that’s you and me who buy the house,” says Leor Margulies of Robins Appleby Barristers and Solicitors. “The developer doesn’t pay for anything. If the cost is too high, he doesn’t do the project. If the cost can be passed on in a purchase price, then the purchaser pays for that.”


Will Bill 197 make condos more expensive for Ontario home buyers? #LesTwarog
2020/07/30 Mortgage Broker News
2 The impact of Covid-19 increasing the rental availability in downtown Toronto

“The influx in inventory gives renters more options to choose from at a better price, which is a very different picture from last year when rental vacancies were at an all-time low.”


Zoocasa: Rental supply up 257% in downtown Toronto #LesTwarog
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3 1 out of 10 Canadians thinking to move back home

Approximately one million Canadians (4 per cent) said they are thinking of moving in with family. 

Of those moving, by far the biggest trend are grown adults moving back in with their parents. About 1.5 million Canadians have said they have moved home due to the COVID-19 crisis, and 860,917 parents have said their kids have already moved back in. 


One million adults plan to move back home #LesTwarog
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4 Teranet-National Bank data report that housing market will slowdown

Teranet addressed the optimism shown in other reporting data. The organization remained cautious, however, about the state of Canada’s housing market. 

“According to CREA, overall Canadian home sales returned to a more normal level, and this should be soon reflected in land registries,” the release reads. “But question marks still lie ahead. We expect the Canadian unemployment rate to remain elevated for a while. In this context, demand for housing may decrease due to a reduction in immigration and would-be first-time homebuyers not being able to qualify for a mortgage loan.”


Despite recent sales activity, fresh Teranet-National Bank data points to decl
2020/07/21 Mortgage Broker News
5 The road to a full recovery, defined as economic activity reaching its pre-COVID-19 level, B.C

British Columbia is poised to weather the economic uncertainty of the COVID-19 better than all other provinces, according to a new report from Deloitte Canada.

“The B.C. economy will be the outperformer, posting the mildest downturn and returning to pre-COVID levels the quickest,” Deloitte Canada chief economist Craig Alexander wrote in a June 25 outlook.


B.C. will lead post-pandemic recovery #LesTwarog
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