Prime Land

Wishing you a Happy Thanksgiving from all of us at Prime Property Group! May your day be filled with gratitude, joy, and the warmth of family and friends.
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🌟 Exciting news for homeowners in Canada! 🏡

Starting January 15, 2025, new mortgage insurance changes will make it easier to add secondary suites to your property!

Whether it’s an unused basement or a garage, these updates are designed to help you create additional income and enhance your living space.

Ready to learn more about how you can benefit? Check out our latest blog post: https://www.primepropertygroup.ca/mortgage-insurance-changes-make-it-easier-to-add-secondary-suites/
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🏡 Fraser Valley Real Estate Update: September 2024 🏡
With rising inventory and sluggish sales, the Fraser Valley housing market is moving toward a buyer's market. If you're considering buying or selling in Abbotsford, Chilliwack, Langley, or Mission, this is the time to explore your options. 📉📈

As award-winning real estate agents at Prime Property Group, we’re here to help you navigate these market shifts! Contact us today for expert guidance.

🔗 https://www.primepropertygroup.ca/about/contact/

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💡 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗦𝘁𝗿𝗲𝘀𝘀 𝗧𝗲𝘀𝘁 𝗖𝗵𝗮𝗻𝗴𝗲𝘀!

If you’re renewing your mortgage in the Fraser Valley, things just got a little easier. OSFI is proposing changes that could reduce the stress test requirements for renewals, opening up more options for homeowners.

🔑 𝗪𝗵𝗮𝘁 𝗱𝗼𝗲𝘀 𝘁𝗵𝗶𝘀 𝗺𝗲𝗮𝗻 𝗳𝗼𝗿 𝘆𝗼𝘂?
1️⃣ More competition among lenders = better rates!
2️⃣ Renewals will be based on realistic market conditions, not inflated rates.

But there's more… with fewer homeowners needing to sell, inventory could drop, leading to a potential stabilization or rise in property prices as we head into 2025. 🏡📈

Now is the time to review your options! Get ahead of the game and contact us for expert advice on navigating your mortgage renewal in this evolving market.

📞 DM us or call to learn more!

https://www.primepropertygroup.ca/timing-the-fraser-valley-real-estate-market-heres-why-the-time-is-now/

🔥JUST LISTED!🔥

Amazing value! Designated Multi Unit Attached in the Mission OCP - these properties are poised for multifamily development - ideally Townhomes! Within the Cedar Valley neighborhood, this area is undergoing rapid changes. Showcased by two large developments in the immediate area by reputable developers. Site are improved with existing homes in a great setting. Water/Drainage infrastructure already exists along Bannister with Sewer connections coming from developments to the north. (construction underway).

Call for a full information brochure!

➡️ Sat Swaich
📞 604-832-3225

🔥Just Listed🔥

Investment Opportunity or business use - Daycare?! Strategically located right off South Fraser Way in Central Abbotsford - this property is surrounded by Commercial zoned properties. Potential for amendment to a “Secondary Commercial” designation such as C4/C3 zones offering many business use such as: Daycare, Auto, Restaurant, Liquor store, retail and more! Call for more information.

🏠 2498 Stanley St, Abbotsford

Total 7,350 SF

LISTED FOR: $1,250,000

Sat Swaich & Gershaun Sarowa
604-832-3225
                       

🔥SOLD🔥

Our clients secured an exceptional corner unit space in this presale medical commercial building! With commercial real estate - location and access to the right space is even more challenging than residential. Finding space before it’s constructed is a great way to get into an iconic building which could serve your business for years to come. But yes, it comes with challenges too with understanding exactly what you’re getting - when you can’t walk it! We help our clients understand all the facts and this building was the best option with abundance of parking relative to total sq ft in the building, an amazing location in a growing community, and the perfect shell for our clients business to flourish!✨

🏢 # 203 33069 Marshall Rd. Abbotsford

Sat Swaich PREC*
Land Development Specialist
604-832-3225

🔥SOLD🔥

👉8 units SOLD at Lincoln Court Medical Center , achieving full price and great terms! All unit sales moved quickly, and we found a buyer who benefited all owners! ✨

🏢 Unit 2, 3, 4, 5, 6, 7, 8, & 9
2168 McCallum Rd. Abbotsford

Sat Swaich PREC*
Land Development Specialist
604-832-3225