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  1. Guidelines on what to expect as a Real Estate regulator

    BCFSA Becomes Real Estate Regulator on August 1: What You Need to Know Shaheed DevjiBCREA On August 1, 2021, the Real Estate Council of BC (RECBC) and the Office of the Superintendent of Real Estate (OSRE) will be integrated into the BC Financial Services Authority (BCFSA), resulting in one single regulator for real estate in […]

  2. 3.22 acres retail centre sells for $21.35 Million located at Delta B.C

    North Delta 18-unit retail centre sells for $2.9M over assessment The firm Real Estate Services LtdWestern Investor Nordel Centre, a 42,294- square feet shopping centre set on 3.22 acres with development potential in the heart of North Delta, sold for $21.35 million. Property type: Retail centreLocation: 11146 84th Avenue, Delta, B.C.Number of units: 18Size of […]

  3. 1,174 square feet retail strata sells for $825,000 located at East Hasting Vancouver

    East Hastings 1,174-square-foot strata retail bought for $825,000 Corbel CommercialWestern Investor The high-visibility Vancouver strata unit is close to the Pacific National Exhibition grounds and the Trans-Canada Highway. Property type: Retail strataLocation: 3423 East Hastings Street, VancouverProperty size: 1,174 square feetZoning:C-2C1 (Commercial district)List price: $849,000Sale price: $825,000Brokerage: Corbel  Commercial, VancouverBrokers: Willow King, Marc Saul and […]

  4. 1.12 acres multi-family rental sells for $9.3 million located at Chilliwack, B.C.

    Chilliwack 51-unit high-end multi-family sells for $9.3 million Cushman & WakefieldWestern Investor Condominium-quality rental building is close to downtown Chilliwack on a 1.12-acre lot. Cushman & Wakefield, Vancouver, B.C., for Western Investor Property type: Multi-family rental Location: 9473 Broadway, Chilliwack, B.C. Number of units: 51 Property size: 48,961 square feet Land size in acres: 1.12 […]

  5. Industrial vacancy rate had plunged to a record low 0.7 percent in the mid of 2021

    Surrey faces heat as it rezones land for industrial use WI StaffWestern Investor Council defies residents in backing 605-acre expansion as city’s industrial vacancy rate plunges to a record low of 0.2 per cent On July 26 the City of Surrey moved to rezone 605 acres (245 hectares) of rural and unused farmland to industrial […]

  6. B.C. estimates nearly 20 percent of the eligible population are unvaccinated

    COVID-19: Unvaccinated British Columbians may face limits on where they can go Joanne Lee-YoungThe Vancouver Sun Dr. Bonnie Henry said there may be examples where imposing workplace vaccination requirements makes sense for businesses B.C. health officials are hoping a fresh immunization campaign will get more British Columbians vaccinated against COVID-19, while hinting there could be […]

  7. B.C. court ordered to release list also for their privacy and safety concern

    Strata council ordered by B.C. court to release list of all owners to one of its members Susan LazarukThe Vancouver Sun The strata refused, citing privacy and safety concerns, and said it was not in the best interests of the strata community. But the law obligates strata to compile a list and to distribute it […]

  8. Belmont mansion sold for the highest price ever in the region for a single family detached

    Vancouver real estate: Mansion sold for $42M, well below the asking price but still a record high Kendra Mangioneother  VANCOUVER — A Vancouver mansion sold this month for what realtors described as a record-breaking price was purchased well below what its owners were asking. Representatives of Sotheby’s International Realty said last week the mansion known […]

  9. A record-breaking real estate markets in Great Vancouver

    Greater Vancouver real estate record broken with new $42M private sale Amy Juddother A new Greater Vancouver real estate record has been broken with a new private sale recently. Sotheby’s International Realty Canada said the sale of the Belmont Estate is now the region’s highest single-family residential sale on a single lot. A listing for […]

  10. Figuring out major deficiencies to fix amidst rising costs in the real estate market

    New Westminster strata windup and sale finds solution in a bumpy market Joanne Lee-YoungThe Vancouver Sun Just as strata owners at Kinnaird Place decided to sell their building because they couldn’t afford to take on major repairs, the market cooled, developers disappeared, the building’s land value slumped and a burst water main flooded units. Former […]