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  1. 19,227 sqft multi-family sells for $7.5 Million located in 14333 104 Avenue, Surrey

    18 hotel strata units in Surrey, B.C. sell for $7.5 million Western Investor StaffMortgage Magazine ‘Extended stay’ hotel suites, meant for rentals for up to six months, cover entire floor of Guildford-area property Willam Wright Commercial, Langley, for Western Investor   Property type: Multi-family Location: 201-221 14333 104 Avenue, Surrey, B.C. Number of units: 18 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-07-2022
    Real Estate Related

  2. $7M from Feds to assist builders of the 11-storey tower to meet net zero energy and passive house standards

    Feds contribute $7 million for $81M passive house tower in Coal Harbour Mike HowellWestern Investor Vancouver MP: ‘Once completed, the fully electrical building will emit 94 per cent less GHG emissions than a standard building’  The $81-million project underway at Coal Harbour got a $7-million lift from the federal government Friday to assist the builder […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-07-2022
    Real Estate Related

  3. Canadians’ ultimate ambition to own a home appears undimmed

    Canadians’ homebuying enthusiasm remains strong: report Fergal McAlindenother News arrives despite growing concerns over interest rates Even despite the affordability challenges of recent times – not to mention the current rising-interest-rate landscape – Canadians’ ultimate ambition to own a home appears undimmed, according to RE/MAX’s 2022 Housing Affordability Report.That survey showed that 68% of respondents […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-07-2022
    Real Estate Related

  4. 78.8 acres land in Squamish District sells for $5.8 million

    Squamish District 78.8-acre rural parcel finally sells London Pacific Property Agents Inc.Western Investor Listed off-and-on the market for about seven years, the acreage is on the Squamish River in Brackendale, B.C., and sold in July for $5.8 million for an equestrian centre. Property type: Land Location: 1050 Depot Road, Squamish B.C. Size of land: 78.8 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-07-2022
    Real Estate Related

  5. Long-term growth is expected to continue despite fears surrounding higher interest rates

    Survey: Home prices remain on a strong growth trend Ephraim Vecinaother Increases were particularly notable in suburbs and smaller communities While interest rates have been on the rise for the past few months, the Canadian housing market continued to see price growth during the first six months of this year, according to the latest “Price […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    28-07-2022
    Real Estate Related

  6. New development proposal for downtown Kelowna has been turned down by city council

    Kelowna says ‘no for now’ for three-tower downtown development Wayne MooreWestern Investor City council has turned down a proposal for a massive development on Coronation Avenue – but leaves its options open  A massive three-tower development proposal of Safari Capital that would redefine Coronation Avenue in downtown Kelowna has been turned down by city council. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-07-2022
    Real Estate Related

  7. Kelowna says ‘no for now’ for three-tower downtown development

    New development proposal for downtown Kelowna has been turned down by city council Wayne MooreWestern Investor City council has turned down a proposal for a massive development on Coronation Avenue – but leaves its options open  A massive three-tower development proposal of Safari Capital that would redefine Coronation Avenue in downtown Kelowna has been turned […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-07-2022
    Real Estate Related

  8. Kitsilano supportive housing project approved by Vancouver City Council

    Vancouver council backs controversial Kitsilano social housing development David CarriggThe Vancouver Sun Thirteen-storey B.C. Housing project at Arbutus and 7th Avenue will provide permanent shelter for 129 homeless people  An artist’s rendering of the Arbutus project in Kitsilano that will provide 129 single-occupancy units. jpg Vancouver council has approved rezoning for the second of five […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-07-2022
    Real Estate Related

  9. Most dense highrise development ever proposed for Canada

    Douglas Todd: Why is Vancouver so secretive about this First Nations’ highrise project? Douglas ToddThe Vancouver Sun Opinion: With bulldozers moving in and roadways being prepared on park grass, Kitsilano residents near the Senakw project say the city is proceeding behind a cloud of confidentiality  Squamish Nation Council Chairperson Khelsilem and Vancouver Mayor Kennedy Stewart […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-07-2022
    Real Estate Related

  10. New home sales numbers for June reinforced the expected easing of sales from last year

    Ontario home sales activity still slowing down Ephraim Vecinaother The rapid rise in interest rates and continually elevated inflation levels are taking their toll  New home sales in Ontario continued to ease in June, a trend that was especially apparent in the Greater Toronto Area (GTA), according to Altus Group and the Building Industry and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-07-2022
    Real Estate Related

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