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  1. BC Hydro Plant pulling private sector for new opportunities

    199 acres of waterfront could be in play Nelson BennettWestern Investor  Everything Should Be Better: Can you think of any other job that got a 100 per cent raise over the last 10 years? After a brief lull due to COVID-19, Canada has resumed its default condition of having an absolutely unhinged real estate market. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-05-2021
    Real Estate Related

  2. CREA sales dropped between March and April by 12.5%, though are a whopping 256% higher compared to the same month last year

    CREA April 2021 Report: Canadian Real Estate Prices Hit Record Highs, Even as Sales Slow Real Estate Newsother  The national real estate numbers are in for the month of April, and reveal that while markets across the country continue to be extremely competitive, the pandemic-related urgency that has driven record sales over the past year […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 12-05-2021
    Real Estate Related

  3. 0.71-acre development site sells for $3.25 Million located at Gordon Ave, Coquitlam, B.C.

    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 Investor Property type: Development land Number of lots: 2 Location: 3021-3033 Gordon Ave, Coquitlam, B.C. Land size: 0.71 acres Zoning: “Business […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 12-05-2021
    Real Estate Related

  4. Multi-Family rental sells for $6.66 Million located 50th Street, Chetwynd, B.C.

    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 multiple offers. Type of property: Multi-family rental Location: 5133 and 5137 50th Street, Chetwynd, B.C. Number of properties: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 12-05-2021
    Real Estate Related

  5. Bluebird self-storage company in Alberta aiming to become premium self storage brand

    Bluebird packs Alberta into self-storage portfolio Wl StaffWestern Investor  — Bluebird Self Storage expanding in  the West. | Submitted Bluebird Self Storage, based in Mississauga, Ontario, has bought five StoreSmart Self Storage locations in Alberta. The storage assets are in Canmore, Cochrane, Edmonton, Red Deer and Sherwood Park – adding 3,000 units and 362,000 square […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 12-05-2021
    Real Estate Related

  6. CMHC foresees sales and prices slowing from the heated pace triggered by the COVID-19

    CMHC predicts what will happen to Canada house prices this year Tara DeschampsMortgage Broker News  Canada Mortgage and Housing Corp. says the average home price could rise by as much as 14% this year, but the pace of sales could moderate by the end of 2023 if broad immunity to COVID-19 is soon achieved. Prices across the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-05-2021
    Real Estate Related

  7. CMHC remains optimistic, 14 % home price increase this 2021

    A year after its alarming forecast, CMHC predicts 14% home price increase for 2021 Sean MacKayLivabl What a difference a year makes. Last May, the Canada Mortgage and Housing Corporation (CMHC) made an attention-grabbing, but plausible forecast that Canadian home prices could fall up to 18 percent over the next 12-month period as the pandemic […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-05-2021
    Real Estate Related

  8. Things to know prior investing in company share

    Buying a business: beyond the down payment Wl StaffWestern Investor  While cash equal to 20 to 30 per cent of the price is common, lenders can be flexible and there are options to access any extra funding needed — The down payment decision can affect your finances for years.| WI file When you’re buying a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-05-2021
    Real Estate Related

  9. 1.88-acre industrial site sells for $13.25 Million located at United Boulevard, Coquitlam, B.C.

    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 Investor Property type: Industrial Location: 2441 United Boulevard, Coquitlam, B.C. Size of property: 34,698 square feet Size of land: 1.88 acres BC […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 05-05-2021
    Real Estate Related

  10. Multi-family heritage property sells for $2.1 Million located at Cambie Street,Vancouver

    Gastown mixed-use with retail and nine micro-suites sells for $2.1 million Corbel Commercial Inc.Western Investor

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 05-05-2021
    Real Estate Related
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