1004 18505 Lautensen PlaceWelcome to family friendly CLAYTON WALK, built by reputable Anthem Homes in one of Cloverdale’s most walkable neighbourhoods! This contemporary style 2 bed & den, 3 bath townhouse has a light, bright open floor plan. The lower floor features a den, being used as a small 3rd bedroom with its own bathroom with shower. Walk up to the open plan kitchen with white, soft close, shaker cabinets, stainless appliances & tons of quartz counter space. The kitchen opens to the dining & living room with access to the sunny south facing deck. Upstairs you will find 2 good size bedrooms & 2 full bathrooms. You cannot beat the location, nestled next to parks & trails & walkable to both Salish Secondary & Clayton Elementary Schools, stores, restaurants & the proposed Skytrain Station!
Starting on June 1st 2021, Canada’s federal banking regulator has once tightened the rules on the Mortgage Stress Test. This is the percentage rate set by the regulator that borrowers need to qualify at for a mortgage, regardless of what the actual interest rate is at the time of applying. This change will affect both potential home buyers with a 20% down payment or less than 20% down.
The thinking around this is to have borrowers show that they can continue to pay their mortgage on the off chance that rates will rise to the stress level qualifying rate. The stress test will also apply to borrowers who are looking to refinance.
Essentially the stress test will affect borrowing power by Approximately 5%. For example, a family with an annual income of $100,000 with a 20 per cent down payment and five-year fixed mortgage rate of 1.78 per cent amortized over 30 years would qualify for a home valued at $651,000 under the previous 4.79 per cent qualifying rate, according to ratehub.ca.
Under the new stress test rate of 5.25 per cent, that family’s maximum affordability would decrease to $618,000.
If you need more information on this or any other mortgage advice, we have an amazing team of professional mortgage advisers on standby, just let us know and we can send you their info.
Welcome to MICHAUD GARDENS, pride of ownership shows in every room of this large 2 bed, 2 bath Condo! Over 1100sq/ft with bedrooms on opposite sides for privacy! Beautifully updated kitchen & bathrooms with shaker cabinets, quartz counters & undermount sinks. Kitchen also benefits from ample counter space, stainless appliances, built in wine fridge & undermount LED lighting! Bright open dining room & living room leading out to your east facing deck looking onto the tranquil landscaped gardens & water fountain! Spacious master bedroom with his and hers closets & double sinks in the ensuite. Updated LED lighting and crown moulding throughout! BONUS in suite laundry with newer washer dryer and lots of extra storage. 1 parking with ample street parking, a very well-maintained 19+ building.
For More information call Garry Voigt 604 789 2140 or email firstname.lastname@example.org
Welcome to VIRIDIAN, West Coast inspired homes by PORTRAIT HOMES. Nestled in a beautiful setting, close to walking trails to the river, this 3 bed & flex, 4 bath home has so many luxury features! The light, bright main floor has a chef inspired gourmet kitchen with high end SS appliances, instant hot water & open concept family, dining & living room. Step out to your south facing, totally private back yard + deck or enjoy the mountain views from the front deck with outdoor fireplace. Upstairs features a beautifully designed, spa like en suite with free standing soaker tub, frameless shower & radiant floor heat. 2 additional beds, bathroom & laundry complete this floor. Lower floor features flex room & bathroom, a perfect guest room. Double garage with built in storage & so much more!
Call or email Garry Voigt for More Information 604 789 2140 – email@example.com
High efficiency furnace and hot water
Laminate throughout the main floor
2 full height kitchen pantries 1 with pull out shelving
5 burner dual fuel stove
Gas BBQ hook up on back deck
Frameless shower and radiant heat in En suite
Alcove in garage for bike storage
Pre-wired for EV charging in garage (240V), built in vac and security system
Welcome to luxury townhouse living at YORKSON CREEK SOUTH built by the reputable Quadra Homes! This Spacious 2,218 sq/ft END unit has PARKING for 4 or 5 vehicles. The double garage is finished w/epoxy floor, EV hook up + in front, a HUGE parking pad over 26ft!! The home features 3 Beds + a BONUS Rec room (4th Bedroom) w/its own separate entrance & ensuite + 4 Baths. Main floor offers an OPEN floor plan with SS appliances, GAS STOVE, HUGE walk-in pantry, GRANITE counters, solid wood soft close cabinets, high-end HARDWOOD flooring & a powder room. Upper floor has master with vaulted ceilings, A/C, W/I closet, soaker tub, shower, dbl sinks, heated floors + convenient upper floor laundry. Custom closet organizers in every closet! The home is roughed in for an ELEVATOR and wheelchair friendly!
Contact garry Voigt for more info firstname.lastname@example.org – 604 789 2140
I hope everyone is continuing to stay safe while also getting to enjoy some of this beautiful sunshine we have been having! I have been keeping a very close eye on this unprecedented market and this is what I am seeing:
The Real Estate Board is processing a record number of new listings however they are also processing a record number of sales. This means that inventory is increasing substantially however demand remains unusually strong. The question is how long will this demand last? If we continue to see this increase in supply it will eventually outweigh the demand. Currently we are seeing that happening on a small scale. Prices from what I can see are starting to plateau, except in the condo market where I am just seeing sale prices start their rise (They are always last to see it).
As we get into the nicer months, we usually see more and more inventory coming to market, so it will be interesting to see what is to come in May/June. As always, I will keep everyone informed!
Take away: From a monetary perspective we do know one thing, there has never been a better time to sell!
If you have any questions about your home value or your market. Reach out to me anytime! – Garry
127 5655 210A Street – Welcome to CORNERSTONE! RARE to find 1 Bedroom plus den, GROUND floor with a large patio & PRIVATE FULLY FENCED YARD facing a GREENBELT. Perfect for pets, & entertaining! This 711 sq/ ft home is well laid out in fantastic condition with 9′ ceilings, quartz counters, stainless steel appliances, soft closing cabinets & laminate flooring. Extra windows in the living room flood the home with natural light. Wood feature wall with fireplace is a great focal point. Bathroom acts as ensuite from master bedroom and is a perfect guest bathroom. Full size, front loading Washer/Dryer & large walk-in closet. Master bed overlooks the back yard. BONUS den with barn door for added space & privacy. Close to Langley City, parks and recreation. 2 PETS & RENTALS ALLOWED! This one checks all your boxes!
Offered at $424,800
For more information contact Garry Voigt email@example.com – 604 789 2140