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Thank you for visiting
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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
Prestige - 9762 182a St, Surrey, BC V4N 4J8, Canada. Situated at 182a Street & 97a Avenue in the neighbourhood of Fraser Heights. Prestige is a new development by SIVIA Construction, and the final completion is on March 2023. Comprise of 34 luxurious, duplex style with interiors from 1,301 2,100 sq ft, these family-size residences boast three upper floor bedrooms and two bathrooms, a main floor powder room and flex room, and a ground floor bedroom with its own bathroom and separate entry. Private outdoor spaces include a landscaped back yard and a covered main floor sundeck. Prestige homeowners will also enjoy use of a 2-storey amenity building that features a ground floor lounge, an upper floor fitness room, and an outdoor lawn with a childrens play area. Just a short drive away at Guildford Town Centre. Enjoy great outdoors at dogfriendly Tynehead Regional Park, or along the river at nearby Surrey Bend Regional Park with 860 acres of wetlands, trails, picnic shelters, and a playground.
Extreme weather events have pushed Okanagan Valley wineries to the brink
Rajen Toor’s 2023 harvest should have been an occasion to celebrate. Toor and his wife Bree, the duo behind wine label Ursa Major, had just purchased their own vineyard in the fall of 2022. For six years, Toor had been making his small-batch wines from grapes purchased from his family winery in Oliver, B.C., and, more recently, from a vineyard he and Bree leased on the Naramata Bench. Harvesting the first crop from their own vineyard would have been a triumph for two young winemakers.
“We’d seen the place and fallen in love,” Toor says of their Keremeos vineyard. But after a mild winter —
Lower Mainland housing sales near cyclical lows in peak season
Housing supply is on the rise in the Lower Mainland as more owners try to capitalize on what is normally the peak selling season, but is instead a market facing headwinds and soft sales.
Resale inventory moved above 18,500 units for the first time since 2020 as new listings jumped. It is a sign that more homeowners and investors are shifting gears.
The likelihood that interest rates will remain higher than anticipated and the increased capital gains inclusion rate have likely lifted short-term supply. Demand for rental is partly curbed due to forthcoming cuts in the number of international students.
Major civic project funding on the line as Burnaby saw $175M shortfall in developer money last year
The City of Burnaby took in $175 million less than expected in developer money last year – and that spells trouble for the future of the city’s major community amenity projects.
Burnaby expected to pocket almost $237.2 million from developers in 2023, but the city only took in about $62.2 million, almost three-quarters less than expected, according to the city’s annual municipal report.
The city took in $250.7 million in 2022.
Through its community benefit bonus program, the city funnels the developer money into its reserves dedicated to affordable housing and community amenities like recreation centres, cultural facilities and space for non-profit organizations.
Vancouver council open to increasing slots, table games at existing casinos
Vancouver city council voted this week to allow for applications to increase the number of slot machines and tables at the city’s two casinos, on the condition they be accompanied by an assessment of their social and economic impacts.
The request to amend the city’s 2011 gambling moratorium was made by the B.C. Lottery Corp., which told council the city’s population has increased 22 per cent in the past decade and that the amendment is a first step to allow BCLC to look at ways of expanding its two existing facilities — the Parq casino in Yaletown and Hastings Racecourse in East Vancouver — rather than building more casinos.
The city has contributed more than $172 million to non-market housing in the form of land
The City of Burnaby has a total of 1,040 non-market housing units, including rentals and co-ops, just built or in development on its land, according to a new city report, and there’s more on the way.
The city lands program for non-market housing, which was adopted in 2015, leases city-owned lands at a nominal rate to non-profit housing providers through a public request for proposals (RFP) process.
The city has contributed about $172.44 million as part of the program, including land, grants and on-and-off-site works, according to the report which accounts for 11 projects that recently completed or were in progress as of March 2024.
The assessed value of the land makes up more than $120 million of that $172-million total contribution for the 11 projects.
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