Welcome to TANTALUS built by Polygon Homes. This rarely available GROUND LEVEL, 2 bed, 2 bath condo has a HUGE 286 sq ft, private patio, backing on to lush green space, perfect for relaxing & entertaining! The kitchen boasts Whirlpool stainless steel appliances including gas stove & opens onto the dining & living room with cozy fireplace. 2 good size bedrooms, master with walk in closet + soak the day away in the large soaker tub in the en suite. Enjoy the resort style amenities at the Cascade Club, including exercise room, games room, lounge with kitchen, enjoy the hot tub or swim in the outdoor swimming pool! Everything on your doorstep including the Westcoast Express, Lafarge Lake & shopping/dining in Coquitlam Centre. BONUS 2 parking spaces + storage locker. OPEN Sept 25th & 26th 2-4pm
For more information call Garry Voigt 604 789 2140 or email firstname.lastname@example.org
Welcome to THE TERRACES. Three bedroom, 3 bath West Coast style townhouse with a HUGE ROOF TOP PATIO. Features include laminate floors on the main, NEST smart thermostat & central AIR CONDITIONING! This light, bright open plan, home has a large kitchen with contemporary 2 tone cabinetry, Bosch 5 burner gas range & Dishwasher, Fischer Paykel French door fridge, tons of quartz counter space & large eat up peninsular. Bright open plan dining & living room with cool feature fireplace. Bonus powder room on the main floor. The 24’ x 23’ Roof top patio is an entertainer’s dream with tons of space for outdoor furniture plus a gas hook up for the BBQ. The large side by side garage features parking for 2 plus large storage area! Central but peaceful location, Located close to the proposed Sky Train!
For More information contact Garry Voigt 604 789 email@example.com
Welcome to WILLOWBROOK GATE. This spacious 2 bed, 2 bath, updated, above ground floor condo overlooks Langley Meadows Park & is located an easy walk to shopping, restaurants & an array of other amenities. This condo has an awesome layout, 2 large bedrooms, both overlooking the park, on opposite sides for privacy. 2nd bedroom is located next to its own bathroom. Master suite has his and hers walk through closets an updated walk-in jetted tub. Large kitchen has ample cabinet and counter space plus a cute little breakfast nook and opens on to both the spacious living room with A/C & formal dining room easily big enough entertain family and friends. Cozy up in front of the gas fireplace or enjoy morning coffee/evening BBQ on your east face deck looking onto greenspace and the park beyond.
Call Garry Voigt for more onfo 604 789 2140 email firstname.lastname@example.org
408 20728 Willoughby Town Centre Drive – Welcome to KENSINGTON at Willoughby Town Centre. This contemporary 1 bed, 1 bath TOP FLOOR condo offers upscale living & an unbeatable location. Bright, spacious open floor plan with tons of natural light flowing from floor to ceiling windows fitted with custom screens. Modern kitchen, quartz counters, S/S appliances & eat up counter, flows to the good size dining area with stunning light fixture overhead. Enjoy your favourite movie in the living room with custom mounted media cabinets or look at mountain views watching the world go by on your deck facing the town center. Bright master bedroom has his & hers closets + ensuite with custom modern glass shower door. In suite laundry with updated LG washer/dryer. The best location in Willoughby, literally steps to stores & restaurants!
Call or email Garry for more information email@example.com | 604 789 2140
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
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