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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 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 30-07-2021
    Real Estate Related

  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 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 29-07-2021
    Real Estate Related

  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 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 29-07-2021
    Real Estate Related

  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 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 29-07-2021
    Real Estate Related

  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 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 29-07-2021
    Real Estate Related

  6. New opportunity waving for Canadian recovering from pandemic

    The trillion-dollar opportunity you cannot miss Mallory Hendryother Canada’s fastest-growing demographic: why you should ride the ‘retirement wave’ It’s no secret the COVID-19 pandemic was a boon for the housing market. Despite a steep drop-off in equity market valuations at the beginning of the pandemic, as businesses and consumers adapted, “you saw confidence turnaround – […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 28-07-2021
    Real Estate Related

  7. 0.90 acre industrial land sells for $12.33 Million located at Fraser Highway, Surrey, B.C.

    Surrey 0.90-acre development site sells over ask at $12.3 million Fraser Elliott GroupWestern Investor Fleetwood-area strata-windup industrial property is in the new Surrey-Langley SkyTrain corridor and has OCP rezoning potential for a higher-density mixed-use development. Fraser Elliott Group, Delta, B.C., for Western Investor Property type: Industrial land Location: 16055 Fraser Highway, Surrey, B.C. Number of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 28-07-2021
    Real Estate Related

  8. 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 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 26-07-2021
    Real Estate Related

  9. 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 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 26-07-2021
    Real Estate Related

  10. 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 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 25-07-2021
    Real Estate Related
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