Author: admin
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Vancouver housing: Monthly rental costs in February 2024
Metro Vancouver's rental prices have increased for the second time in 2024. The average monthly rate for newly-listed one-bedroom, unfurnished units is now $2,379. North Vancouver is the most expensive city to rent in Canada, with units averaging $2,802 a month. Langley is the cheapest city to rent in, with prices averaging $1,859. Continue to…
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Metro Vancouver Housing Costs Soar Before Construction
Budgets for 2 affordable rental developments owned and operated by Metro Vancouver ↑ ~2X before construction began. Cost Increases: – Connection project: ↑ 89% to $121M – Steller project: ↑ 104% to $94M
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Check out my sold listing Listing Address: 901 3093 WINDSOR GATE
The Windsor in Polygon's Windsor Gate community. This beautiful & spacious 2 bedroom 2 full bath CORNER unit features laminate flooring in living, dining & kitchen, carpet in bedrooms, gourmet kitchen w/ quartz countertops, top of the line S/S appliances, integrated fridge, ample storage & great layout with no wasted space. Walking distance to Skytrain,…
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Vancouver: Highest Permit Costs, Extensive Documentation
A report by the Canadian Federation of Independent Business highlights municipal permit challenges in Canada's housing crisis.Survey compared permit costs and paperwork for a $20K bathroom conversion in 12 cities.
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Unlocking Vancouver’s Real Estate Potential
Investment Opportunities: Vancouver's Real Estate market offers diverse investment options with potential for growth.Dream Home Destination: Find your dream home in Vancouver's dynamic housing market.
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Vancouver Embraces Multiplex Housing
Vancouver approves multiplex zoning for "missing middle" housing. New zoning gains early builder interest for development projects.
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Rebound forecast in multifamily rental sales: CBRE
Stabilized interest rates in 2024 are expected to boost deal-making in the multifamily sector, particularly in Vancouver and Victoria, following a decline in 2023. Private investors are the main buyers, but public real estate trusts are becoming more active. Government and non-profit agencies are likely to buy older properties, while newer buildings attract due to…
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Happy Family Day
In some families, it’s a day to spend time playing in the snow, building snowmen, or having snowball fights. Some families take advantage of the long weekend to have a "staycation" and enjoy the activities in their own city or town. Take advantage of this wonderful time of year to reinforce your family bonds. Wishing…
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Check out my sold listing Listing Address: 707 651 NOOTKA WAY
This is a fantastic opportunity to own a bright and spacious 2-bedroom, 2-bathroom home at "Sahalee" in Klahanie, built by Polygon. With 813 sq ft of living space and an additional 40 sq ft covered balcony, this home faces northeast, providing plenty of natural light. Residents have exclusive access to the 15,000 sq ft "Canoe"…
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Metro Vancouver ‘toughest’ rental market in Canada, says CMHC
High immigration levels and mortgage prices are causing would-be homebuyers to remain in rental units in Metro Vancouver. The region has one of the lowest vacancy rates in Canada, with an average turnover rate for rental units decreasing. Factors such as population growth and rising mortgage rates are keeping downward pressure on vacancy rates, making…