Category: Uncategorized
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Vancouver seeks to fast-track social and co-operative housing
Vancouver is proposing significant changes to accelerate affordable housing development through the Social Housing Initiative, which aims to eliminate individual rezonings and expedite the construction of social and cooperative housing from six to 18 stories. This initiative supports non-profits in providing affordable homes for low- and moderate-income households, aligning with provincial legislation. Information sessions will…
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Potential of Laneway Homes in Vancouver’s Housing Market
Builder Advocates for Sales: Suggests allowing laneway home sales to potentially create 30,000 new units in Vancouver.Regulatory Limitations: Existing rules restrict laneway homes to rental purposes, reducing incentives for homeowners.
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Check out this open house Listing Address: 410 1661 FRASER AVENUE
Welcome to Brimley Mews in Glenwood, Port Coquitlam! This end unit features 3 bedrooms, 2 bathrooms, a huge private front and back yard, and a practical layout with 9 ft ceilings and lots of windows providing ample sunlight. The south-facing patio, lovely kitchen with an island, dining room, and living room make it perfect for…
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Check out my new listing Address: 410 1661 FRASER AVENUE
Welcome to Brimley Mews in Glenwood, Port Coquitlam! This end unit features 3 bedrooms, 2 bathrooms, a huge private front and back yard, and a practical layout with 9 ft ceilings and lots of windows providing ample sunlight. The south-facing patio, lovely kitchen with an island, dining room, and living room make it perfect for…
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Why Metro Vancouver Is Heading to a Buyer’s Territory
Metro Vancouver's Real Estate market has seen rising inventory and a jump in sales, suggesting a shift towards a buyer's market. The market is segment-specific: condo inventories are rising, while well-priced detached homes and duplexes still receive multiple offers
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Vancouver Remains Attractive to Investors
Vancouver's cap rates are among the lowest in Canada, indicating lower risk and potential high returns.Cap rates expected to remain stable for Q3 2024.
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Report highlights short-term rental impacts
The Columbia Valley is facing a housing crisis exacerbated by a significant increase in short-term rentals (STRs). A report from McGill University highlights that Invermere has the highest impact from STRs in the Kootenay Rockies, with 180 active listings, representing 8.1% of its dwellings. This has led to a loss of 100 housing units to…
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Minimum down payment to buy a home in BC is soul-destroying
Purchasing a home in BC is increasingly difficult due to high prices, with a report indicating a minimum down payment of $70,948 based on an average sale price of $959,480. A 20% down payment is $191,896. Ontario follows, but with lower down payment requirements. The average salary in BC is $53,042, making homeownership challenging for…
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The price has reduced for this Listing, check it out Listing Address: 59 1701 PARKWAY BOULEVARD
" TANGO " is a single house with Strata built by Liberty Homes in the sought-after Westwood Plateau area. This well-maintained property boasts 4 bedrooms and 4 bathrooms, and is situated in a peaceful, family-friendly neighborhood. Upstairs, you'll find a spacious master suite with an ensuite, along with two additional bedrooms and a laundry room.…
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Vancouver Rentals Still Most Expensive in Canada
Vancouver and Burnaby remain the priciest rental markets in Canada despite year-over-year declines.Vancouver's one-bedroom rentals dropped 7.7%, and two-bedrooms fell 5.6% year-over-year.