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Multi-Family

Bill 40 condo sellers ‘hit the lottery’

Bill 40 condo sellers ‘hit the lottery’

Greater Vancouver strata owners are profiting from a recent bill that allows entire complexes to be sold with 80 per cent strata council approval
New city-approved rental unit rents average $1,837

New city-approved rental unit rents average $1,837

The City of Vancouver has approved construction of nearly 200 affordable housing units in East Van - starting at $1,256 a month for a studio suite
Coquitlam condo owners profit from Strata Property Act sale

Coquitlam condo owners profit from Strata Property Act sale

Two complexes on North Road sold for $416K per suite - a windfall considering owners were facing expensive repair costs
Limited supply or ebbing demand: Metro Vancouver apartment sales decline

Limited supply or ebbing demand: Metro Vancouver apartment sales decline

Rental building sales have weakened as cap rates plunge and dollar volumes drop 54 per cent
Winnipeg bright spot in Prairie multi-family rentals

Winnipeg bright spot in Prairie multi-family rentals

Alberta, Saskatchewan cities seeing higher vacancies than in the more stable Manitoba capital
Regional variances continue to skew Western Canada condo market

Regional variances continue to skew Western Canada condo market

Vancouver condos still severely outprice every other market
Year-end report shows landlord-friendly rental market into 2017

Year-end report shows landlord-friendly rental market into 2017

Despite a slowdown in sales, Metro Vancouver's multi-family asset class remains one of the safest investment classes in commercial real estate, due to high per-suite values and demand
Prairie multi-family market presents a mixed message

Prairie multi-family market presents a mixed message

Winnipeg is short of rentals and Saskatchewan is short of tenants, as Manitoba’s capital draws investors while Saskatoon and Regina landlords face rising vacancies
Multi-family property prices not dented by oil recession

Multi-family property prices not dented by oil recession

A third quarter report on the rental real estate market in Alberta says transaction values have remained high through 2015 and into 2016
Future bright for multi-family rental market: expert

Future bright for multi-family rental market: expert

“Perfect storm” lifts landlords and rental developers, even in Alberta, says Toronto-based Derek Lobo, CEO of SVN Rock Advisors