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Multi-Family

Winnipeg’s newest tower pushes height and rent levels

Winnipeg’s newest tower pushes height and rent levels

40-storey 300 Main – city’s tallest apartment building ¬– brings luxury rentals to troubled downtown with rents towering over city average
Small investor stunned as B.C . bans short-term rentals

Small investor stunned as B.C . bans short-term rentals

B.C. is striving to open up thousands of short-term rental units to the long-term market, but ban upsets retirement plans for some investors
Victoria council to mull incentives to ensure more rental projects are built

Victoria council to mull incentives to ensure more rental projects are built

Council will look at creating a revitalization tax exemption to spur more affordable units in new market rental projects
Rental GST waiver eases impact of higher lending rates

Rental GST waiver eases impact of higher lending rates

CMHC-insured rental construction loan rates have doubled in the past year, so waiving the goods and service tax seen as a boon for rental developers
B.C. rent increases capped at 3.5 per cent for 2024

B.C. rent increases capped at 3.5 per cent for 2024

B.C.'s maximum rental increase is set below the inflation rate for the fourth year in a row
Kootenay multi-family portfolio sale shows lure of small markets

Kootenay multi-family portfolio sale shows lure of small markets

Investor snapped up six buildings with a total of 242 rental suites for less than $97,000 per door, a fraction of comparable prices in Metro Vancouver
Nine sites set as feds offer $500M loans for Vancouver rental developers

Nine sites set as feds offer $500M loans for Vancouver rental developers

Federal Housing Minister Sean Fraser was reluctant to share locations of all nine sites backed by the low-cost loans
Rent hit a new high in July as students prepped for school, buyers sidelined: report

Rent hit a new high in July as students prepped for school, buyers sidelined: report

TORONTO — Canadian renters have long lamented the increasing prices they see landlords request of tenants, but in July, those totals hit a level unseen in the country's history. Data from Rentals.
Canadians remain among the top foreign buyers of U.S. property

Canadians remain among the top foreign buyers of U.S. property

Homebuyers from Canada spent US$6.6 billion on vacation, rental and permanent residence properties south of the border between April 2022 and March 2023
Builder of troubled Langford rental tower files for bankruptcy

Builder of troubled Langford rental tower files for bankruptcy

Evacuated twice due to safety concerns, 150 creditors are owed more than $51 million, filing says