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Real Estate

Jan 10, 2018
What's up, what's down in sales of Vancouver homes worth $1 million or more
Felicity Stone

Vancouver’s top-tier residential real estate market split in two directions last year, according to Sotheby’s International Realty Canada’s Top-Tier Real Estate Report, a bi-annual study highlighting market trends for $1-million-plus residential properties in Canada’s largest urban centres. Despite cooling measures introduced by...

Jan 9, 2018
More than 3,000 first-time homebuyers apply for B.C. government loan
Felicity Stone

In January 2017, the government of B.C. started offering 25-year loans for first-time homebuyers applying for mortgages. The B.C. Home Owner Mortgage and Equity (HOME) Partnership program will meet the buyer’s contribution up to 5 percent of the home’s purchase...

Jan 5, 2018
Canada’s luxury real estate hot spots in 2018
By the Editors

Luxury global real estate firm Engel & Völkers has released a report on market trends and predictions for four Canadian cities—Vancouver, Montreal, Toronto, Calgary—and two Quebec ski resorts: Mont-Tremblant and Bromont. In the first three quarters of 2017, the highest asking...

Jan 4, 2018
Big Fat Deal: $38 million to prove you are truly the condo king
Fiona Morrow

Address: PH02-1011 West Cordova Street, Coal Harbour Price: $38,000,000 MLS: R2229814 The skinny: Four-bedroom, five-bathroom, 6,654-square-foot condo in the Fairmont Pacific Rim in Vancouver. The bling: Going up in the world? Like being on top? Then this could be the condo for you, my...

Jan 2, 2018
High housing prices have Vancouverites mulling exit
Melissa Edwards

Once next year’s 4 per cent allowable rent hike takes effect in B.C. (and renovictions and lease renewals push average rents even higher), help-wanted signs will grow dustier as street-level businesses chase the increasingly rare soul who can afford to...

Dec 21, 2017
Big Fat Deal: $11.4 million to fulfill all your New Year’s resolutions at once
Fiona Morrow

Address: 39877 Quadling Road, Abbotsford Price: $11,400,000 MLS: R2204176 The skinny: Two-bedroom, three-bathroom, 3,000-square-foot house on 146 acres in Abbotsford The bling: You’ve indulged your holiday habits to the full, and you’ve emerged bleary-eyed, flabby-bellied, and questioning the meaning of your oh-so-lavish lifestyle. But...

Dec 21, 2017
Big Fat Deal: The under $1 million in B.C. festive edition
Fiona Morrow

With the recent news that fewer than 150 of the 41,546 single family homes in the City of Vancouver are valued at less than $1 million, Big Fat Deal decided to lower our usual lofty and luxe standards and do a...

Dec 18, 2017
Vancouver industrial real estate sales are up in price, down in number
By the Editors

The days of industrial property in Vancouver could be numbered, according to Avison Young Inc. A new report by the Toronto-based commercial real estate services firm puts industrial building sales in the city at $192 million in 2016, the highest annual total on record. However, that value was based on 43 sales, the lowest such number...

Dec 14, 2017
Big Fat Deal: $12 million for a Vancouver Island party place
Fiona Morrow

Address: 1424 Gillespie Road, Sooke Price: $12,500,000 MLS: 381059 The skinny: 12-bedroom, 14-bathroom, 15,000-square-foot former resort on 82 acres of East Sooke waterfront. The bling: Just in time to host everyone and their pet poodle-doodles over the holidays comes this massive beast of a...

Dec 7, 2017
Big Fat Deal: $4.7 million to be swish in Squamish
Fiona Morrow

Address: 1098 Goat Ridge Drive, Squamish Price: $4,698,000 MLS: R2200388 The skinny: Five-bedroom, five-bathroom, 6,225-square-foot house on a 39,500-square-foot lot in Britannia Beach, Squamish. The bling: Leaping large into the luxury price range comes Squamish, previously known as the “poor man’s Whistler.” Aspirational weekenders...

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