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Westmount Park MLS® Listings
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Building Info
Westmount Park - 7520 18th Street, Burnaby, BC V3N 1K5, LMS248 - located in Edmonds Burnaby East area, near the crossroads 17th Avenue and Griffiths Drive. Walking distance to Poplar Park, Stride Avenue Park, Ernie Winch Park and Taylor Park and Byrne Creek Urban trails. Stride Avenue Elementary and Byrne Creek Secondary are within minutes from the complex. Edmonds Skytrain station only one block away. Highgate Shopping Centre just a couple of blocks from the Southborough where you can find Save-On-Foods, Shoppers Drug Mart, Starbucks, Blenz, Subway, Liquor Store and fitness facility. There are a lot of restaurants in the neighbourhood where you can enjoy your lunch or dinner. House of Wings, Freshslice Pizza, Chinese Foods, Nao Sushi are only a few for your enjoyment. The Westmount Park was built in 1992. There are 51 units in development and in strata. There are no age restrictions in this complex. Two pets are allowed. Rentals are permitted. The amenities are bike storage, in-suite laundry, storage and garden. Most homes offer spacious bedrooms, gas fireplace, laminate floors, large patio and a balcony. Some units have walk-in closets and stainless steel appliances.
Housing industry players are opposing Canada Mortgage and Housing Corporation’s dire forecast of an 18% decline in home prices over the next 12 months
Nanos - Consumer confidence in housing market still low
Polling found that 48.54% of respondents are anticipating a decline in home prices within the next few months – a level approximately three times above the average for this metric, Nanos Research said.
Stress test 2.0? What a 10% minimum down payment requirement would mean for Canadian buyers
His comments around the advantages of making 10 percent down payments and CMHC’s attempts to limit demand that have the industry wondering if an increase in the minimum down payment requirement may be in the cards.
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