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New townhomes in Vancouver located in the heart of Kitsilano
Livabl · 16 Jul 2021 · Jim Pattison Developments LTD
Now selling, Kai is a boutique collection of twelve modern townhomes located in the heart of Kitsilano, one of Vancouver's most coveted neighbourhoods. Prospective buyers are now able to schedule a private appointment to tour the development's two showhomes, p…
Competitions remains high in Vancouver homes regardless price increase
Livabl · 16 Jul 2021 · Michelle McNally
The median price of a single-family detached house in Greater Vancouver jumped 24.9 percent to $1,625,000 in Q2. This is a steep hike compared to the median price of a condominium, which rose by 9.4 percent to $700,000 during the same period.…
High demand is leading in B.C. builders amidst pandemic
Western Investor · 13 Jul 2021 · Peter Mitham
"Absolutely nothing has changed with us," said Kevin Mierau, president of Mierau Contractors Ltd. in Abbotsford, which handles commercial projects as well as some multi-family construction. A director of the Vancouver Regional Construction Association (VRCA) a…
Big break for Alberta’s new robotic hub | hires more than 1000 staff
Western Investor · 09 Jul 2021 · WI Staff
"Parkland County is an ideal location for fulfillment centres. It is part of the Edmonton Metropolitan Region, offering easy access to 1.4 million customers. Its strategic location along the CanaMex corridor and the Trans-Canadian highway, allows companies to …
Vancouver downtown achieved outstanding sales in their major comeback
other · 07 Jul 2021 · Kenneth Chan
This is a significant litmus test for the condominium market in downtown Vancouver, which has had zero successful pre-sale launches over the last four years — a slowdown period that began with the provincial government's major interventions in the housin…
Concealing their business back to phase hit by pandemic
Western Investor · 07 Jul 2021 · Chuck Chiang
"I did an interview on TV on a Tuesday night, and Keefer Street was hopping," Eng said. "People were out on the patios. It reflects how much Chinatown has evolved as a destination; we have 60 food-services-related businesses in Chinatown, and about 20 were ope…
Surrey couple was awarded over $4,000 by B.C. court
The Vancouver Sun · 06 Jul 2021 · Susan Lazaruk
The Cheslocks told the tribunal that the strata refused to consider their complaints as the months passed by and was "colluding" with the owner of the other unit, Shannon Perka, to "make sure the bylaws were not enforced against her."
B.C highest court dropped claims not supported by the evidence
The Vancouver Sun · 01 Jul 2021 · Keith Fraser
In October 2019, B.C. Supreme Court Justice Gregory Bowden dismissed the lawsuit, concluding that the main purpose of the tax was to increase housing affordability in Metro Vancouver. He said the tax was within the province's jurisdiction and not discriminator…
A step-by-step guide to owning a home in Vancouver
REW · 25 Jun 2021 · West Haven Group
On possession day, you will do a walk-through with your realtor to ensure the property is clean and if you had stipulated something had to be fixed, this is your chance to double-check.
Less traffic more business ventures
Western Investor · 18 Jun 2021 · Nelson Bennett
The provincial Transportation Investment Corporation gave an update June 16 with a technical briefing on plans to build the new Broadway subway extension, which it has slated for operation in 2025. The new Broadway subway will be built mostly underground using…
Sell out of Coquitlam office in a week due to market demand
Western Investor · 17 Jun 2021 · Frank O'Brien
Bosa Development sold out 15 floors of its 30-storey Waterfront Centre office tower in downtown Vancouver as strata in 2017 at $2,000 per square foot, but current office strata is mostly seen in conversion of older office buildings, much of it Burnaby.…
Vancouver retained as the highest rent status in Canada during pandemic
Western Investor · 17 Jun 2021 · WI Staff
" After a year of rental rate declines because of COVID-19-related lockdowns, the Canadian rental market is starting to recover. The average monthly rental rate experienced its first month-over-month increase since October of last year," the report stated.…
British Columbia’s hotel industry continue struggling due to pandemic
Western Investor · 09 Jun 2021 · Frank O’Brien
"COVID-19 has proven to be far worse than the 2008/2009 global financial crisis, SARS outbreak in 2003, 9/11 and the Gulf War combined," noted the2021 Canadian Hotel Investment Reportfrom Colliers International, released in May.
2 largest shopping centre in Victoria bought by immigrants from China
Western Investor · 08 Jun 2021 · Carla Wilson
"Because this community has accepted me with open arms, I am committed to continuing to work with local leaders to build the communities that we have invested in so that, together, we can make them the very best places that they can be."