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  1. Vacancy Tax explanation from city of Vancouver

    Will your home be taxed? other Each year, every owner of residential property will have to make a property status declaration. This will determine if the property is subject to the Empty Homes Tax, also known as the Vacancy Tax. The Province of BC’s Speculation and Vacancy Tax  is in addition to the City’s Empty Homes Tax. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    17-01-2019
    Real Estate Related

  2. RBC cuts 5-year fixed mortgage rate

    Five year fixed rate dropped by 15 basis points Canadian Real Estate Wealth Royal Bank of Canada has lowered its posted five-year fixed rate by 15 basis points from 3.89 per cent to 3.74 per cent. Mortgage rate comparison website founder Robert McLister says RBC is the first of the Big Six banks to cut […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    17-01-2019
    Real Estate Related

  3. RBC cuts 5-year fixed mortgage rate

    Five year fixed rate dropped by 15 basis points Canadian Real Estate Wealth Royal Bank of Canada has lowered its posted five-year fixed rate by 15 basis points from 3.89 per cent to 3.74 per cent. Mortgage rate comparison website founder Robert McLister says RBC is the first of the Big Six banks to cut […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    17-01-2019
    Real Estate Related

  4. Condo Smarts: Unit-entitlement errors not uncommon

    Unit-entitlement errors not uncommon Tony Gioventu The Province Dear Tony: We live in a large strata corporation with 300 units in multiple buildings. Our strata lots on the strata plan are numbered one to 300 and the unit entitlement is based on the measured areas shown on the plan. A new owner approached council in […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    17-01-2019
    Strata Information

  5. Cedar Ridge 70 Seaview Drive Port Moody 28 three and four bedroom townhomes by Allaire Living and Headwater Living

    Cedar Ridge townhomes targeting a variety of homebuyers, from young families to downsizers Michael BernardThe Province Cedar Ridge What: 28 three- and four-bedroom townhomes Where: 70 Seaview Drive, Port Moody Residence size and prices: 1,304 sq. ft. — 1,602 sq. ft.; low $900,000s — $1.2 million Developer: Allaire Living and Headwater Living Sales centre: 1a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    17-01-2019
    Real Estate Related

  6. Ontario Collective and Ontario Regional Technology & Information Systems to merge

    OC and ORTIS agreed to blend the two MLS systems REM Two regional real estate MLS systems in Ontario have joined forces to provide services to 22 boards and associations and more than 13,000 Realtors. The Ontario Collective (OC) and Ontario Regional Technology & Information Systems (ORTIS), have signed a Transition Agreement to blend their […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-01-2019
    Real Estate Related

  7. Redfin to launch in Canada in March

    U.S. based online real estate brokerage coming to Canada Mario ToneguzziREM Another big U.S.-based online real estate brokerage is launching in Canada, selling itself as a more affordable way for consumers to buy and sell homes throughout the country. Redfin, which is based in Seattle, will open in Toronto and Vancouver by March and it […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-01-2019
    Real Estate Related

  8. Seniors housing touted as 2019’s safest investment

    A report stated that senior living real estate a good investment Neil SharmaCanadian Real Estate Wealth With seniors slated to comprise nearly a quarter of Canada’s population by 2030, real estate that caters to their needs is being touted as one of the most investment-friendly sectors this year. That’s in spite of a somewhat volatile […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-01-2019
    Real Estate Related

  9. In Canada’s housing slowdown, Vancouver proves to be the weakest link

    Vancouver is in ‘full-blown correction mode,’ RBC economist says, with more price depreciations expected Greg Quinn The Vancouver Sun Vancouver’s housing market is looking more fragile than Toronto a year after policy makers tightened mortgage lending to slow a boom. Watch Video While the country’s two most expensive real estate markets have both been hit […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-01-2019
    Real Estate Related

  10. In Canada’s housing slowdown, Vancouver proves to be the weakest link

    Vancouver is in ‘full-blown correction mode,’ RBC economist says, with more price depreciations expected Greg Quinn The Vancouver Sun Vancouver’s housing market is looking more fragile than Toronto a year after policy makers tightened mortgage lending to slow a boom. Watch Video While the country’s two most expensive real estate markets have both been hit […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-01-2019
    Real Estate Related

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