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73% of short-term rentals now licensed in Vancouver, city says

September 6th, 2019
73% of short-term rentals now licensed in Vancouver, city says One year after new regulations for short-term rentals were put into effect, the City of Vancouver says 116 illegal listings have been referred to prosecutors. Also during that time, 642 warning letters have been sent out, 660 violation tickets have been issued, 276 legal orders have been obtained, 150 listings have been canc ...

#422 12350 Harris Rd, Pitt Meadows, BC

September 5th, 2019
I just finished uploading this Condo for rent, #422 12350 Harris Rd, Pitt Meadows, BC Top Floor condo for rent at Keystone. Close to West Coast Express, Golden Ears Bridge, shops and recreation - all convenient for daily errands. You'll enjoy the great outdoors with the abundance of hiking and biking trails and nearby golf courses. A luxurious lifestyle in a contemporary West Coast inspired ...

2020 Maximum Rent Increase 2.6%

September 4th, 2019
2020 Maximum Rent Increase 2.6%Today the Residential Tenancy Branch (RTB) released 2020’s maximum rent increase percentage as 2.6%. In their release, which can be read in full here, the RTB sets out the rent increase and speaks to their commitment to improving the outdated and underutilized above regulation rent increase process that is currently in place. Since September of 2018 the RTB has ...

Metro Vancouver housing market sees summer uptick in sales

September 4th, 2019
Metro Vancouver housing market sees summer uptick in sales Home buyer activity increased to more typical levels in Metro Vancouver throughout the summer months.   The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,231 in August 2019, a 15.7 per cent increase from the 1,929 sales recorded in August 2018, and a 12.7 per cent decrea ...

#903 13303 103A Ave., Surrey, BC

September 4th, 2019
I just finished uploading this Condo for rent, #903 13303 103A Ave., Surrey, BC WAVE - Newest, modern 28 storey high rise at Surrey City Centre. Two bdrm, two full bath plus den. Contemporary design impressive to look at and flexible to live in, with huge wrap around balcony. Large living space and stunning view of mountain and city. Den w/sliding doors transforms to dining room or guest sui ...

2873 Panorama Drive, North Vancouver, BC

August 29th, 2019
I just finished uploading this House for rent, 2873 Panorama Drive, North Vancouver, BC Set into the side of Mount Seymour, this home, set on 4 levels is located at the end of a quiet residential road with stunning views of Deep Cove and the Indian Arm. Situated a 10-15 minute walk from both Deep Cove Village, and the foot of the ever popular Baden-Powell trail to Quarry Rock, there are plen ...

High demand and low supply of multi-family apartment buildings keeps cap rates suppressed

August 28th, 2019
Capitalization rates for multi-family rental properties in Canada are the lowest of any commercial real estate sector, partly because of high demand, according to the recent Canadian Cap Rates and Investment Insights report from CBRE, released in August.  The multi-family sector remained the most sought-after asset class for investors in the second quarter of 2019, the study found. “Rock so ...

#Main Floor 1696 Springer Ave, Burnaby, BC

August 23rd, 2019
I just finished uploading this Main Floor for rent, #Main Floor 1696 Springer Ave, Burnaby, BC Amazing 180 degree panoramic city view! Enjoy your breathtaking open city view in your kitchen and living room! Quality Home built with granite countertops in kitchen. Huge patio overlooks to the private backyard. Close to Brentwood town centre, Skytrain. Close to all levels of schools. 1 year ...

6715 St. Charles Pl, Burnaby, BC

August 20th, 2019
I just finished uploading this House for rent, 6715 St. Charles Pl, Burnaby, BC 4 bedroom home Located on a quiet Cul-D-Sac near Imperial and Kingsway. In inside catchment area for Burnaby South 2000. Split entry home with great floor plan. Driveway in the back with 2 car carport & private yard. 1 Year lease and references required.  Licensed Property Management Company

August 2019 Canadian Rent Report

August 20th, 2019
Overall, 5 cities experienced an upward trend last month, 4 downward, and 15 remained stable. Similar to the previous month’s report, more than half of the total markets were flat, which is surprising since it is hot moving season right now. Meanwhile, year over year growth rates told a different story as 11 cities experienced large, double digit growth rates. This suggests that while the Can ...
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