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MLS® Disclaimer for BC: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Building Info
The Terrace - 5335 Hastings Street, Burnaby, BC V5B 1P9, NWS2370 - located in Capitol Hill area of Burnaby North, near the crossroads Springer Avenue and Hastings Street. The Terrace is just steps away from Dynes Park and George Green Park. Walking distance to Fellburn Care Centre, Kensington Tennis Courts, Baseball Field, Skating Ring, Burnaby North Secondary, Kensington Children's Walk-in Clinic, Alpha Secondary and Dolfin Cinema and Confideration Park. There are a lot of restaurants in the neighbourhood that you can choose from for your dinner. Villa Bella Ristorante, Domenico's, Sushi Town, Subway, Peking, Anducci's and ABC Country are only few to name. Safeway in a short stroll from the complex.The bus stops at your door. The skytrain station is a couple of blocks away. The complex has an easy access to Trans-Canada Hwy1. Since the complex is situated on the North side of E. Hastings, some suites offer nice views toward the south side of Burnaby. Capitol Hill is a very popular area. The Terrace was built in 1986. It has frame-wood construction ad four levels. Pets are not allowed in this complex. Rentals are permitted with some restrictions. Most homes offer vaulted ceilings, laminate floors, in-suite laundry, open floor plans, underground parking, large storage, good size balcony and spacious rooms. Some units have granite countertops, walk-in closets and gas fireplaces.
REBGV reports that residential home sales in the region totaled 3,727 in February 2021, a 73.3 percent increase from the 2,150 sales recorded in February 2020, and a 56 percent increase from the 2,389 homes sold in January 2021. The Home Price Index compo
January 2021 Market Insight
For all property types, the sales-to-active listings ratio for January 2021 is 28.8 per cent. By property type, the ratio is 26.3 per cent for detached homes, 37.6 per cent for townhomes, and 27.8 per cent for apartments.
December 2020 Market Insights
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 30,944 in 2020, a 22.1 percent increase from the 25,351 sales recorded in 2019, and a 25.7 percent increase from the 24,619 homes sold in 2018.
November 2020 Market Insights
REBGV 23% increase on Listing in MLS from last year. For November 2020 over 4068 newly listed. Continuing demand for Detached Home and Townhouse with the benchmark price of $1,044,000
Real Estate Related News Articles(Sun and Province)Search News
BC Energy Step Code, five steps towards creating ‘net-zero’ energy-use homes by 2032
The Step Code is not yet mandatory and gives B.C. municipalities the option to have residential construction meet one or more steps of the Step Code as an upgrade to the existing code.
143-unit ERA low-rise strata project in Maple Ridge sold out in hours - Metro Vancouver
On a single day – April 25 - the last 10 of 30 townhouses sold at an average price of $720,000. All 112 condo units in the low-rise development in downtown Maple Ridge sold in the $500,000 to $600,000 range.
City of Regina sale four parcel of city-owned land for less than current market value at a price of $4 million
In the sale notice, the city stated anyone wishing to contest or discuss the sale could register by April 9 to attend a virtual council meeting on April 12, in which the land sale was the only topic.
DLC announced robust financial results for the quarter and year ending December 31, 2020
“Due to the dedication of our national teams at Dominion Lending Centres, MA, MCC and Newton, the DLC Group was able to successfully navigate a year filled with significant uncertainty caused by the global pandemic,” Mauris said.
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