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  1. Vancouver senior is ‘collateral damage’ of empty-home tax

    Man who inherited East Van home feels forced by $14,139 tax bill to rent ?non-habitable? house Chuck Chiang Western Investor An 86-year-old retired pensioner who inherited his mother’s 1927 home in East Vancouver decades ago says Vancouver’s new empty-homes tax is unfairly forcing non-speculative property owners like himself into either operating a rental business or […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-04-2018
    Real Estate Related

  2. B.C.-wide coalition launches ‘Scrap the Speculation Tax’ campaign

    Coalition launches ‘Scrap the Speculation Tax’ campaign Joannah ConnollyWestern Investor It started with a “Stop the Speculation Tax” petition that was launched last month by disgruntled home owners opposing the province’s proposed annual tax on underused second homes in areas across B.C. Now, the petition group has banded together with chambers of commerce, tourism industry […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-04-2018
    Real Estate Related

  3. Vancouver and BC Taxes Guide from 2018 Budget

    New Taxes From BC Budget 2018 ? Updated April 2, 2018 other Speculation Tax – A new tax on Foreign speculators that will apply in Metro Vancouver, Fraser Valley, Capitol and Nanaimo Regional Districts and Municipality of Kelowna and West Kelowna Starting this year 2018 (date to be announced) the provincial government will apply a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-04-2018
    Real Estate Related

  4. City of Vancouver Empty Homes Tax FAQ

    other Read through our pages, and still have a question about the Empty Homes Tax? View a list of questions and definitions about the Empty Homes Tax, also known as the Vacancy Tax: About the tax Definition of terms related to the tax Second homes Property exemptions Real estate For More info go to: City […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-04-2018
    Real Estate Related

  5. Vancouver home sales slow down, but prices remain inflamed

    Ephraim VecinaCanadian Real Estate Wealth Metro Vancouver home sales over the first quarter of this year were the lowest in five years, but statistics from the Real Estate Board of Greater Vancouver also showed that prices remained high. The board stated that home sales across the region in March tumbled 29.7% year-over-year, and are 23% […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-04-2018
    Real Estate Related

  6. Nearly half of Toronto’s condo investors offsetting taxes

    Neil SharmaCanadian Real Estate Wealth While nearly half of Toronto’s condo investors were cash flow negative last year, they were, in fact, offsetting their taxes. A joint study between CIBC and Urbanation revealed 44% of Toronto’s condo investors were in the red—of which 45% were short by less than $500, and 20% between $500 and […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-04-2018
    Real Estate Related

  7. Apartment Source – Year End 2017 Highlights

    Colliers Internationalother In this issue, despite a decline in the number of sales, last year witnessed a year-over-year increase of 25% in total sales volume. Almost every sub-market witnessed phenomenal growth in per-unit value as average capitalization rates decreased due to the aggressive acquisition efforts of the investment community. Greater Vancouver Apartment sales totaled $1.19 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-04-2018
    Real Estate Related

  8. Edgemont Walk 1133 Ridgewood Drivee North Vancouver 24 townhomes by Boffo Properties

    The look is warm and inviting at North Vancouver?s Edgemont Walk Simon BriaultThe Vancouver Sun Edgemont Walk Project location: 1133 Ridgewood Drive, North Vancouver Project size: 24 three-bedroom townhomes ranging in size from 1,835 to 2,161 square feet, with prices starting from approximately $1.569 million Developer: Boffo Properties Architect: Gateway Architecture Inc. Interior designer: Occupy Design […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-04-2018
    Real Estate Related

  9. Move over Walk Score – this tool provides accurate valuations

    Neil SharmaREP Over the last few years, walk, transit, and even bike, scores have influenced real estate values, but another online platform is proving even more impactful. MarketScore is a tool that determines property values by using complex algorithms. Whether users are looking to buy, sell or rent, by entering an address, square footage, postal […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-04-2018
    Real Estate Related

  10. Cryptocurrency touted as gateway to deeper buyer pool

    Neil SharmaCanadian Real Estate Wealth While still a novel idea, selling properties for Bitcoin is being touted as a way to reach more international buyers, many of whom are constrained by caps on capital outflow. Derryn Shrosbree, who last month sold a Mississauga condo for Bitcoin—the first transaction of its kind in Canada—is at it […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-04-2018
    Real Estate Related

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