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How higher interest rates will affect investment real estate in Canada

June 1st, 2023
How higher interest rates will affect investment real estate in Canada Higher interest rates can have a significant impact on investment real estate in Canada. Here's how: Increased Borrowing Costs: When interest rates rise, borrowing costs for real estate investors increase. This means that obtaining financing for investment properties becomes more expensive. Higher interest rates can ...

Is it a good idea to rent to people with pets?

May 16th, 2023
Here are some potential pros and cons to consider when renting to tenants with pets: Pros: Increased pool of potential tenants: Allowing pets may expand your pool of potential tenants and increase the likelihood of finding someone to rent your property. Potential for higher rent: Some landlords charge a pet fee or additional rent to tenants with pets, which can generate additional income ...

What are the effects short term rentals have on local property markets?

May 16th, 2023
Short-term rentals can have various effects on local property markets, depending on the specific characteristics of the market and the regulatory framework. Some of the effects of short-term rentals on local property markets are: Increase in rental prices: In areas with high demand for short-term rentals, property owners may opt to rent out their properties as short-term rentals, leading ...

What effects does Airbnb have on the rental market in British Columbia

March 13th, 2023
The effects of Airbnb on the rental market in British Columbia can be both positive and negative, depending on the perspective. Positive effects: Increased tourism: Airbnb can bring in more tourists to British Columbia, which can boost the local economy and support jobs in the tourism industry. Additional income for property owners: Renting out a property on Airbnb can provide an additio ...

The rental market in Greater Vancouver

February 21st, 2023
The rental market in Greater Vancouver, British Columbia (BC) has been a topic of much discussion and concern over the past few years. The region has experienced a significant shortage of affordable rental units, leading to a rise in rental prices and a decrease in rental availability. In this article, we will explore the current state of the rental market in Greater Vancouver, the factors co ...

City Of Coquitlam Pedestrian & Bike Improvements

November 7th, 2021
City Of Coquitlam Pedestrian & Bike Improvements The following locations will be receiving improvements to its sidewalks, multi-use pathways, or greenways: Austin Avenue from Walker Street to Guilby Street – new sidewalk Brunette Avenue from Lougheed Highway to Woolridge Street – sidewalk repairs Dawes Hill Road from Finnigan Street to Mundy Street – new sidewalk Lamerton ...