Real Estate News & Articles

Assignment GST & PPT taxes - Questions & Answers

2006-08-28

Other INDUSTRY UPDATE Bottom line is that there is a rebate of 36% of the GST for properties up to $350,000 whether it is owner occupied or rented. The rebate reduces as the purchase increases and there is no rebate on properties over $450,…

'Second genetic code' shakes heredity theory

2006-08-26

Daniel Tencer Sun OTTAWA -- Arturas Petronis and Moshe Szyf know a little something about the fads of science. As pioneers in the budding field of study known as epigenetics, they took their share of abuse for supporting scientific theories…

Condo hotels become a way to invest

2006-08-26

PROPERTY I Developers focus on new concept as a route for baby boomers to own slice of vacation real estate Derek Penner Sun Developers focus on new concept as a route for baby boomers to own slice of vacation real estate. Photograph by : V…

Network to link wireless world

2006-08-26

TECHNOLOGY I Organizer says companies need to talk to each other Gillian Shaw Sun Caroline Lewko, founder of the Wireless Innovation Network of British Columbia, is going global with a new organization that will bring together researchers, …

Wireless mouse can learn lots of tricks

2006-08-26

Sun 1) APPLE WIRELESS MIGHTY MOUSE, $79. We've always found the freedom provided by a wireless mouse was the freedom to accidentally drop it in our wastepaper basket, but that's just us. Others have been hankering after a wireless version t…

US close to edge on recession - can have ripple effects in Canada

2006-08-26

ECONOMY I Canada would need lower taxes and interest rates, bank economist says Eric Beauchesne Sun OTTAWA -- The odds of a U.S. recession have increased dramatically, a Canadian bank economist is warning. And if the U.S. does see a prolong…

Tourists becoming full-time residents & have sustained Whistler & Kelowna

2006-08-26

LIFESTYLE I They are changing the makeup of resort towns, study says Michael Kane Sun Tourists who come to play and then go away have sustained B.C. towns like Whistler, Kelowna and Qualicum Beach for decades. Now some tourists are becoming…

Owning a cottage is an all-time Canadian dream

2006-08-26

Karen Turner Sun A shed is a convenient storage spot for pool accessories and garden tools. Photograph by : Julie Oliver, CanWest News Service Jackson, 11, Avery, 6, and Nolan, 10, leap into the family's new salt-water swimming pool -- thei…

Bottled oxygen business as basic as breathing

2006-08-24

Offering personal dispensers a world's first Wendy McLellan Province Oxia's Bryce Margetts imagines a world where the subtle pick-me-up of oxygen is as available as the ever-present bottled water. Photograph by : Sam Leung, The Province It …

Melting pot cuisine: Vancouver comes of age in its ethnic offerings

2006-08-24

Mia Stainsby Sun Guests at Vogue Chinese Cuisine at 3779 Sexsmith in Richmond enjoy some of the unique dishes offered there. Photograph by : Steve Bosch, Vancouver Sun The Zest Japanese Cuisine restaurant brings a refined touch to the izaka…

Nice family-style fusion at the Orchid Delight

2006-08-24

Owners Michael and Pauline Soh bring cross-cultural cuisine from Malaysia and Singapore to Burrard Street Mia Sta Sun Michael (centre), Pauline and Nelson Soh with some of the offerings at their Orchid Delight restaurant on Burrard Street n…

Noshing is noisy, but nice

2006-08-24

Kitanoya Guu With Otokame in Gastown joins Raku and Guu with Garlic as intimate hangouts Mia Stainsby Sun Sharad Arora and Malani De Leon enjoy some saki before a sashimi salad at Kitanoya Guu With Otokamae in Gastown. Photograph by : Stuar…

Okanagan Lake to get $1.4-billion resort called Lakesone in Winfield - between Vernon & Kelowna

2006-08-24

LakeStone will feature 1,400 luxury homes and a golf course Bruce Constantineau Sun The view over Okanagan Lake from LakeStone site. Photograph by : Vancouver Sun, Handout photo Vancouver-based 20/20 Group Inc. announced this week it will d…

Existing home sales drop 4.1% in July, median prices drop in most regions

2006-08-23

Noelle Knox USA Today WASHINGTON — Existing home sales posted an unexpectedly sharp drop last month to the lowest level since January 2004 and home prices fell in all regions of the country but the South, the National Association of R…

Value of projects tops $100 billion

2006-08-22

Record increase indicative of B.C's economic growth, long-term job prospects Paul Luke Province Construction continued yesterday on the $615-million Vancouver Convention and Exhibition Centre. Photograph by : Ric Ernst, The Province Constru…

Major projects in B.C. hit $102 billion

2006-08-22

Total is up $10.3 billion from last quarter Derrick Penner Sun The value of large-scale construction plans hit a dizzying $102-billion on British Columbia's latest major projects inventory, a $10.3-billion increase from the last quarterly t…

Big-ticket B.C. homes lure Albertans

2006-08-20

STAYING LOCAL: Majority of B.C. property bought by Lower Mainland retirees Ashley Ford Province Prices are up and more B.C. property is being sold to cash-rich Albertans. Photograph by : The Canadian Press So just who is buying up B.C. prop…

Retirees are helping to drive the market

2006-08-20

Ashley Ford Province They are the new force in the B.C. housing market. Armed with assets and better health than their mothers and fathers, retirees are leaving the urban jungle for the fresher climes of smaller towns and communities across…

Can the strata stop rentals?

2006-08-20

BYLAWS: Some -- like age restrictions --don't apply to everyone Tony Gioventu Province Dear Condo Smarts: We purchased a townhouse in the Shuswap region for summer family use and as a rental investment. The strata corporation have now passe…

Can the strata stop rentals?

2006-08-20

BYLAWS: Some -- like age restrictions --don't apply to everyone Tony Gioventu Province Dear Condo Smarts: We purchased a townhouse in the Shuswap region for summer family use and as a rental investment. The strata corporation have now passe…

2010 Olympics growing pains, inevitable when attempting to put on an event of this magnitude

2006-08-19

Organizers of the 2010 Winter Olympics have learned the hard way Jeff Lee Sun Vanoc CEO John Furlong and his executive team have had to cope with a myriad of scenarios since winning the bid for the 2010 Olympics, including rising costs and …

Rapid Transit Canada Line - employers & residents feeling the strain of construction

2006-08-19

William Boei Sun Joseph Lee's business, the Flamingo House Chinese restaurant, is suffering the effects of Canada Line construction -- and he's just one of a number of local employers who have endured disruption. Photograph by : Glenn Baglo…

CBC building upgrades will be paid by sale of parking lot to Concord Pacific's - TV Towers development

2006-08-18

Proceeds of parking-lot sale will pay for renovations to centre John Bermingham Province Concord Pacific Group’s artist rendering looks ahead to 2008 and the completion of the developer’s TV One and TV Two condo towers complemen…

Prisoners to work on housing project

2006-08-18

Gwen Preston Sun Prisoners will soon be making kitchen cabinets and bathroom counters for an affordable-housing development in Burnaby. The 27-unit townhouse project is being built by the Vancouver office of Habitat for Humanity, an interna…