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  1. Canadian home sales has continued to trend downward during the early summer months

    Market takes another step towards normalcy as Canadian home sales fall again in June: CREA Michelle McNallyLivabl After a record-breaking spring for Canadian home sales, buying and selling activity across the country has continued to trend downward during the early summer months. In its National Statistics report released today for June, the Canadian Real Estate […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-07-2021
    Real Estate Related

  2. 0.85 Acres Multi-Family rental sells for $91 Million located at 1155 Beach Avenue, Vancouver

    Vancouver Beach Avenue rental tower sells for $91 million Avison YoungWestern Investor One of the biggest multi-family deals in Vancouver for 2021, the 151-unit, 21-storey landmark concrete tower is on Beach Avenue with unobstructed ocean views.     Property type: Multi-family rentalLocation: 1155 Beach Avenue, VancouverNumber of units: 151Number of storeys: 21Lot size: 37,179 square […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-07-2021
    Real Estate Related

  3. 4.4 Acres land sells for $7.6 Million located at Aldergrove, B.C

    Aldergrove 4.4-acre land assembly sells for $7.6 million Varing Marketing GroupWestern Investor Two adjacent properties assembled and sold as a package for residential development Property type: LandLocation: 25639 and 26771 24 Avenue, Aldergrove, B.CSize of land: 193,406 square feetSize of land in acres: 4.44 acresZoning: SR-2 (suburban residential)List price: $8 millionSale price: $7.6 millionBrokerage: Varing […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-07-2021
    Real Estate Related

  4. 0.61 Acres land assembly sells for $4.1 Million located at Surrey, B.C.

    Surrey three-lot land assembly sells for $4.1 million Home life AdvantageWestern Investor Located in the Guildford area, the 0.61-acre site has holding rental income and potential for multi-family development. Type of property: Land assemblyLocation: 10312 142 Street – 14237 103 Avenue, Surrey, B.C.Land size: 26,825 square feetLand size in acres: 0.61 acresZoning: RF (residential)OCP: Multi-familyList […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-07-2021
    Real Estate Related

  5. 0.2 Acres site sells for $1.52 Million located at Wellington Avenue, Chilliwack, B.C.

    Chilliwack 0.2-acre downtown site sells for $1.52 million Homelife Advantage Realty Ltd.Western Investor The site, currently with three commercial addresses, sold with development potential on a prime site in the downtown core. Property type: Land Location: 45951- 45963 Wellington Avenue, Chilliwack, B.C. Number of units: 3 Size of property: 8,712 square feet Land size in […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-07-2021
    Real Estate Related

  6. High demand is leading in B.C. builders amidst pandemic

    B.C. builders weathered pandemic – but storm clouds are forming Peter MithamWestern Investor ‘Absolutely nothing has changed with us,’ says one Abbotsford contractor as provincial construction returns to its post-pandemic pace – but high demand is leading to skyrocketing costs and a lack of skilled trades Rising lumber costs and a potential labour shortage cloud […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-07-2021
    Real Estate Related

  7. The building remains vacant after the occupancy permit was revoked

    Centurion sues over vacant Langford rental building Roxanne Egan-ElliottWestern Investor  The 11-storey multi-family rental tower vacant since December 2019 when the city revoked its occupancy permit after Centurion Properties had bought it 90-unit Danbrook One rental tower in Langford has sat vacant for 18 months. | Darren Stone, Times Colonist The 11-storey multi-family rental tower […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-07-2021
    Real Estate Related

  8. Pure Sunfarms is expanding its growing space to 2.2 million square feet as its fast demand

    B.C. bud spurs Delta cannabis grower’s growth Sandor GyarmatiWestern Investor Pure Sunfarms prepares to double annual shipments to 150,000 kilograms to meet demand from customers across the country and beyond Pure Sunfarms is doubling its greenhouse grow space to 2.2 million square feet. | Delta OptimistPure Sunfarms prepares to double annual shipments to 150,000 kilograms […]

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

  9. 0.18 acres industrial site sells for $4.2 Million located at 1484 Rupert Street, North Vancouver, B.C.

    North Vancouver industrial site sells for $3.97 million Avison YoungWestern Investor   The site covers 0.18 acres and holds a 6,524-square-foot light industrial building in the Lynn Creek area. Property type: Industrial   Location: 1484 Rupert Street, North Vancouver, B.C. Size of property: 6,524 square feet Size of land: 8,052 square feet Land size in acres: 0.18 acres Zoning: I3 (light […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-07-2021
    Real Estate Related

  10. Concealing their business back to phase hit by pandemic

    Chinatown businesses battle back Chuck ChiangWestern Investor Resilient Vancouver community aims to clean up and pivot from a pandemic-induced ‘tipping point’ Food markets open longer as shoppers, visitors filter back into Vancouver’s Chinatown. – Chung ChowResilient Vancouver community aims to clean up and pivot from a pandemic-induced ‘tipping point’The pandemic and the resulting decline in […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    06-07-2021
    Real Estate Related

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