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Open House.

Please visit our Open House at 308 6557 121 Street St E in Surrey. See details here

Welcome to Lakewood Terrace, a serene and beautifully maintained building with recent updates, including a new roof and modernized decks. This spacious 1,486 sq.ft. unit offers 2 bedrooms, with the master bedroom large enough for a sitting area or home office. The second bedroom opens to a private balcony overlooking landscaped gardens, ponds and a gazebo. The main floor features a large kitchen, dining and living room with a gas fireplace, enhanced by radiant heat. A versatile loft with a south-facing deck is ideal for entertaining or relaxing. Accessibility is ensured with a chairlift to the loft and a luxurious walk-in spa in the main bathroom. Includes 2 parking stalls, storage, and easy access to shopping, parks and amenities. Perfect for retirees seeking both comfort and convenience. (29607986)

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More time and choice in the Victoria real estate market

June 3, 2024  A total of 763 properties sold in the Victoria Real Estate Board region this May, 1.5 per cent fewer than the 775 properties sold in May 2023 and a 12.5 per cent increase from April 2024. Sales of condominiums were down 5.2 per cent from May 2023 with 235 units sold. Sales of single family homes exactly matched the number from May 2023 with 399 sold.

"Spring is generally prime time for real estate in Victoria," said 2024 Victoria Real Estate Board Chair Laurie Lidstone. "And May is typically when we are at or near to the peak of activity in our property market. This May was another stable month for both buyers and sellers. With more inventory on the market, consumers had more choice and could take time to make decisions and complete their due diligence. The additional listings also meant less pressure on pricing, so prices remained relatively flat."


There were 3,338 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of May 2024, an increase of 10.6 per cent compared to the previous month of April and a 52.5 per cent increase from the 2,189 active listings for sale at the end of May 2023.
"After so many years of consumers navigating an unbalanced market, it is positive for buyers and sellers to see some months of consistent balance," adds Chair Lidstone. "A lot of folks who have been watching the market over recent years may find that now is a good time to sell and buy as market conditions have changed for the better. Of course, as always, I recommend connecting with your favourite REALTOR® to create a strategy specific to your needs."
The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in May 2023 was $1,300,900. The benchmark value for the same home in May 2024 increased by 0.7 per cent to $1,309,700, up from April's value of $1,301,800. The MLS® HPI benchmark value for a condominium in the Victoria Core area in May 2023 was $562,900 while the benchmark value for the same condominium in May 2024 increased by 1.2 per cent to $569,500, up from the April value of $561,200.

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New property listed in West Newton

I have listed a new property at 308 6557 121 Street (Off) St E in Surrey. See details here

Welcome to Lakewood Terrace, a sought after building. This spacious penthouse unit offers nearly 1500 sqft of luxurious living space. Featuring two bedrooms, 2 bathrooms, a well-appointed kitchen, and a cozy living room with a gas fireplace and vaulted ceiling. Enjoy radiant in-floor heating system throughout the main floor and tranquil views from the balcony and living room. Upstairs, discover a large loft, perfect for a home-based business, extra bedroom, or relaxation, and the largest south-facing new deck for outdoor entertaining. Additional amenities include a chairlift to the loft, a new walk-in jet spa and a water heater. With lots of storage plus a recently redone flat roof, this unit offers unparalleled luxury. A well-maintained and quiet building - Don't miss your chance - schedule a viewing today! (29607986)

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.