Commercial strata gives investors more-regulated and complicated residential condo market
2021-06-02
Real Estate Investing Part 4: commercial strata in B.C. Frank O'Brien Western Investor Main Street, Vancouver, strata retail at nearly $1,000 per square foot. |Corbel Commercial Commercial strata gives investors an edge not seen in t…
Stress test requires all home buyers to qualify up to the current stress test level of 4.79 per cent, effective June 1
2021-05-26
Stress test suddenly expands to all homebuyers Frank O'Brien Western Investor On May 21, just days before it comes into effect, the federal government has expanded its mortgage stress test to include all borrowers, not just those wit…
Bluebird self-storage company in Alberta aiming to become premium self storage brand
2021-05-13
Bluebird packs Alberta into self-storage portfolio Wl Staff Western Investor — Bluebird Self Storage expanding in the West. | Submitted Bluebird Self Storage, based in Mississauga, Ontario, has bought five StoreSmart Sel…
0.71-acre development site sells for $3.25 Million located at Gordon Ave, Coquitlam, B.C.
2021-05-13
Coquitlam 0.71-acre development site sells for $3.25 million NAI Commercial Western Investor The land, where future commercial zoning is not defined, sold for less than the assessed value. — NAI Commercial, Vancouver, for Western Inve…
Multi-Family rental sells for $6.66 Million located 50th Street, Chetwynd, B.C.
2021-05-13
Chetwynd, B.C., multi-family rental sells at $110,000 per door Oakwyn Realty Ltd. Western Investor Two properties with 60 units on 2.1-acre site in northern B.C. town sold for $6.6 million, nearly $3.5 million over the assessed value, after…
CREA sales dropped between March and April by 12.5%, though are a whopping 256% higher compared to the same month last year
2021-05-13
CREA April 2021 Report: Canadian Real Estate Prices Hit Record Highs, Even as Sales Slow Real Estate News other The national real estate numbers are in for the month of April, and reveal that while markets across the country continue…
CMHC remains optimistic, 14 % home price increase this 2021
2021-05-07
A year after its alarming forecast, CMHC predicts 14% home price increase for 2021 Sean MacKay Livabl What a difference a year makes. Last May, the Canada Mortgage and Housing Corporation (CMHC) made an attention-grabbing, but plausible for…
1.88-acre industrial site sells for $13.25 Million located at United Boulevard, Coquitlam, B.C.
2021-05-06
Coquitlam industrial site sells $2.5 million over assessed value NAI Commercial Western Investor The 1.88-acre developed site on United Boulevard near Highway 1 sold for $13.25 million. — NAI Commercial, Vancouver, for Western Investo…