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Regardless of Curiosity Charge Will increase, Suburban Pre-sales Success Story Factors to Resilient Demand and Lack of Provide
ABBOTSFORD, British Columbia, Nov. 28, 2023 (GLOBE NEWSWIRE) — In line with the newest knowledge launched by the Fraser Valley Actual Property Board, accelerated pre-sale absorption of recent multi-family properties within the Metro Vancouver and Fraser Valley markets exemplifies the continued and regular investor and end-user demand. Positioned in West Abbotsford, the Exceptional Highstreet Village, developed by AB Wall Group, has shortly bought over 250 properties since its January launch, highlighting sturdy demand from purchasers attracted by its facilities and site.
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Highstreet Village is on the coronary heart of the rising Fraser Valley area, pushed by a burgeoning economic system and elevated inhabitants progress. The CMA of Abbotsford-Mission, with its inhabitants exceeding 195,000, is likely one of the fastest-growing cities in Canada, with a powerful progress price of 8.4% over the previous 5 years. The mix of a high-quality way of life, affordability, prime location, and progress has attracted new residents to Abbotsford.
Designed to advertise a walkable way of life, Highstreet Village is a handy “15-minute metropolis” the place residents can simply stroll, bike, or take transit to their properties, workplaces, procuring, and different facilities. This masterfully deliberate residential group options 137 townhomes and 9 mid-rise condominiums, totaling 600 properties starting from 1 to 3-bedroom items. Uniquely, a number of of those townhomes supply rooftop patios, including long-term worth and enchantment. Located subsequent to the sprawling Highstreet Buying Centre—with over 600,000 sq. toes of business house, together with a Cineplex VIP film theatre, eateries, and stores—the group blends suburban peace with city facilities seamlessly.
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Michelle Des Rosiers, Senior Vice President of Venture Operations at Fifth Avenue Actual Property Advertising, elaborates, “The longer term residents at Highstreet Village could have handy entry to necessities inside a 15-minute radius—reminiscent of faculties, parks, trails, the Rinks at Summit Centre, Freeway 1, Abbotsford Worldwide Airport, and the USA border. This makes it a great location and a thriving group with long-term worth.”
Additional, Highstreet Village presents its residents an enriching array of indoor-outdoor facilities. The group’s Cardinal Membership has a state-of-the-art health heart, Zoom rooms for distant work or conferences, an indoor youngsters’s playground, twin gourmand kitchens for entertaining, social lounges, and a spacious outside patio for leisure and occasions.
AB Wall Properties’ imaginative and prescient for Highstreet Village is to supply distinctive comfort, fusing a pedestrian-friendly live-work house surrounded by retail and properly related to transportation. The developer’s dedication is clear of their prioritization of the pedestrian and transit person expertise. By offering easy accessibility to public transit, Highstreet Village encourages residents to make use of various modes of transportation, lowering congestion and enhancing native air high quality.
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“We’re thrilled to see such sturdy early gross sales for Highstreet Village,” says Alf Wall, Principal of AB Wall Properties. “This achievement speaks volumes concerning the high quality of our group and the enduring power of the actual property market within the Fraser Valley. There’s a sturdy urge for food for communities that aren’t solely well-designed but additionally thoughtfully deliberate to complement household residing and supply handy entry to important facilities. We’re honoured to be a part of the area’s ongoing success and to supply a welcoming setting the place households can actually really feel at residence.”
Highstreet Village has captured purchaser curiosity with its various housing choices, notably townhomes that includes distinctive rooftop patios full with backyard plots. These residences, each townhomes and condos, supply a recent aesthetic outlined by designer finishes, open layouts, and home windows that present breathtaking views of the pure panorama. Alongside these architectural deserves, the properties are outfitted with energy-saving options like warmth pumps and air-handling programs, which could be upgraded with optionally available AC. Each unit is EV-ready, and within the case of the condominiums, underground parking areas additionally embrace EV charging capabilities.
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Go to HighstreetVillage.ca as we speak to discover the exceptional mixture of spacious townhomes and condominiums. Spacious townhomes beginning within the low 700’s. Condominiums are coming quickly.
About Highstreet Village
Highstreet Village is a 12-acre residential group providing a exceptional mixture of spacious townhomes, condominiums, and elevated facilities in a pedestrian-friendly setting. The meticulously crafted residences supply entry to indoor-outdoor areas that act as an extension of your own home. An inviting widespread courtyard surrounded by tasteful landscaping and luxurious perennial plantings gives a spot for residents to attach with their group and take within the recent air.
About AB Wall Properties
The transformative group of Highstreet Village is being delivered to life by visionary native developer AB Wall. Their in depth monitor document of extremely regarded tasks consists of residential and industrial developments throughout the Fraser Valley and Metro Vancouver. Recognized for its refined and elevated aesthetic and owner-friendly extras, together with distinctive facilities and luxurious landscaping, AB Wall has established a fame for developments that construct long-term worth.
Media Contact:
Jenna Querengesser
Speak Store Media
Jenna.querengesser@talkshopmedia.com
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