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Multi-Family
Multi-Family
Coronation Park land assembly owners finally reach closure
Years after 59 house owners sold their Port Moody lots for development, the 14.8-acre land assembly has closed at $157.2 million – but the project is still not approved
Dec 1, 2022 12:32 PM
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Outlook: multi-family rental buildings will attract big-ticket sales
Third-quarter sales dip in B.C.’s multi-family market expected to in be in rear view mirror shortly as interest rates stable and immigration hits stride
Nov 23, 2022 11:11 AM
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B.C. strata changes open door to condo speculators, experts say
B.C. NDP government is removing rental restrictions in residential stratas, which will increase investor interest and the insurance needed by strata groups, critics argue
Nov 23, 2022 9:40 AM
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New rental units are smaller than three parking stalls
Concord high-rise project in Burnaby’s Metrotown will include 58 non-market studio suites from 323 square feet
Nov 22, 2022 4:36 PM
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B.C. housing plan will immediately extend speculation taxes
New scheme would turn all condos into rentals and subject the owners to provincial and Vancouver ‘empty home’ taxes if not rented
Nov 21, 2022 5:03 PM
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Residential land still seeing eye-popping prices
Even as B.C. home prices decline, Metro Vancouver and Vancouver Island developers appear willing to pay millions of dollars per acre for residential assemblies
Nov 18, 2022 2:02 PM
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Meter ticking at $62,500 a month on two DTES hotels
The City of Vancouver has spent at least $1.5 million since it bought the dilapidated and vacant Balmoral and Regent Hotels on the Downtown Eastside two years ago
Nov 4, 2022 7:00 AM
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Richmond council approves 330 rental units despite residents' concerns
Neighbours cited fear of rising crime and parking problems if low-cost, high-density rental development allowed to proceed
Oct 21, 2022 1:05 PM
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Calgary, Saskatoon condos eyed for positive rental cash flow
With modern condos priced under $200,000 and average rents climbing, investors from B.C. and Ontario are seeking profit on the Prairies
Oct 17, 2022 4:05 PM
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Condo owners lose bid to wind-up and sell aging strata building
Owners of a 40-year-old multi-family development in Coquitlam, B.C. told wind-up is too confusing after developer pulls out of multimillion-dollar deal
Oct 13, 2022 7:15 AM
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