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  1. Off market with long-term tenant in place, retail sells for $2.65 million

    Nanaimo single-tenant retail on NNN lease sells for $2.65 million Marcus & MilllichapWestern Investor Kal-Tire outlet is on Island Highway and on a long-term triple-net corporate lease. Property type: Retail Location: 6590 Island Highway N., Nanaimo, B.C. Type of deal: Off-market with long-term tenant in place. Price: $2.65 million Brokerage: Marcus & Milllichap, Vancouver. Brokers: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-08-2022
    Real Estate Related

  2. 4,151 square feet retail in Yale Road sells for $1.35 million

    Chilliwack 4,152-square-foot retail site sells for $1.35 million HomeLife Advantage Realty Ltd.Western Investor Downtown restaurant has OCP potential for up-zoning to include high-density housing. Property type: Retail Location: 46090 Yale Road, Chilliwack, B.C. Number of units: 1 (restaurant) Size of property:3,762 square feet Size of land: 4,151 square feet Size of land in acres: 0.1 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-08-2022
    Real Estate Related

  3. Metro Vancouver purchase 97 hectares of land for a new regional park on Bowen Island

    Metro Vancouver plans new $40-million park with camping on Bowen Island Tiffany CrawfordThe Vancouver Sun The preliminary concept for the park includes day-use picnic areas, trails with ‘impressive viewpoints,’ access to the beach, and a supervised overnight camping area.Metro Vancouver is buying 97 hectares of land for a new regional park on Bowen Island jpgMetro […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    10-08-2022
    Real Estate Related

  4. Edmonton real estate investments bounced back from a slow with a surge in commercial real estate transactions in Q2 2022

    Edmonton land sales surge to $159M in second quarter Frank O’BrienWestern Investor Land sales have bounced back to pre-pandemic levels in Alberta’s capital  Air Products Canada headlined the Edmonton land action with a $399,627-per-acre purchase of 150 acres at 13004 33 Street NE | Submitted Edmonton real estate investments bounced back from a slow start […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    10-08-2022
    Real Estate Related

  5. Cost difference to rent vs buy in 9 GTA cities

    Rent or Buy Average Monthly Rental Prices vs Monthly Mortgage Payments in the GTA Patti Cosgareaother

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-08-2022
    Real Estate Related

  6. Cost difference to rent vs. buy in 9 GTA cities

    Rent or Buy? Average Monthly Rental Prices vs. Monthly Mortgage Payments in the GTA Patti Cosgareaother As interest rates continue to rise this year, many are shifting their real estate goals from buying to renting. Although, according to the Toronto and Greater Toronto Area (GTA) Rent Report from TorontoRentals.com, average rent prices in the GTA […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-08-2022
    Real Estate Related

  7. Andrew Lis new director of economics and data scientist specializing in real estate and urban land economics | REBGV

    Three questions with Andrew Lis REBGV StaffREBGV REBGV’s new Director of Economics and Data Analytics, Andrew Lis, joined REBGV in July. He’s an applied economist and data scientist specializing in real estate and urban land economics.We asked Andrew three questions to help you get to know him better and preview some of the things he’ll […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-08-2022
    Real Estate Related

  8. Andrew Lis new director of economics and data scientist specializing in real estate and urban land economics | REBGV

    Three questions with Andrew Lis REBGV StaffREBGV REBGV’s new Director of Economics and Data Analytics, Andrew Lis, joined REBGV in July. He’s an applied economist and data scientist specializing in real estate and urban land economics.We asked Andrew three questions to help you get to know him better and preview some of the things he’ll […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    09-08-2022
    Real Estate Related

  9. 20-storey building has no ETA for the elevator service to be restored

    Elevators out in 20-storey West End condo tower? Call the fire department Joanne Lee-YoungThe Vancouver Sun Strata manager’s note says maintenance company troubleshooting the problem, but adds ‘currently no diagnosis nor ETA for the elevator service to be restored’ The second of two elevators at The Sterling, a 20-storey condo building at 1050 Smithe St., […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    08-08-2022
    Real Estate Related

  10. Housing boom after the outbreak of the COVID-19 pandemic

    “Don’t panic” on housing market: principal broker Fergal McAlindenother Prominent executive sees cause for optimism despite recent cooldown Amid the furore over rising interest rates and a protracted slowdown in sales, there’s considerable room for optimism on the long-term future of Canada’s housing market, according to a well-known Ontario-based mortgage broker. The country experienced a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    07-08-2022
    Real Estate Related

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