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Real Estate

Nov 27, 2017
How will tech’s appetite for office space change downtowns?
Michael McCullough

Along bustling Westlake Avenue, running up a gentle incline from South Lake Union to the highrise heart of Seattle, about half the lunch-hour pedestrians and patrons sitting on café patios sport the distinctive blue lanyard and badge of the

Nov 27, 2017
New Kamloops office tower sparks revitalization

BCBusiness + National Hospitality Group A new office development in the works in Kamloops is sparking excitement in a downtown area revitalization while attracting new businesses and creating jobs in this Interior city. A six-storey building development, called 580 Victoria, is part of...

Nov 24, 2017
Big Fat Deal: $5M for a place where you can live together and apart
Fiona Morrow

Address: 34801 Ferndale Avenue, Mission Price: $5,200,000 MLS: R2126768 The skinny: Two-bedroom, three-bathroom, 2,973-square-foot house (plus a 2,900-square-foot coach house) on 42 acres in Mission. The bling: Living together is hard. But splitting your not-inconsiderable assets would be even tougher, right? It’s simply unthinkable to be reduced...

Nov 23, 2017
Vancouver video game mainstay Relic is moving its HQ
By the Editors

Relic Entertainment, the venerable Vancouver video game developer, is getting a new mothership. In mid 2019, Relic will move from its current Yaletown HQ to Nickel, a 71,000-square-foot property being developed by PC Urban Properties Corp. on a former industrial site in Mount Pleasant. The company, whose neighbours will include Saje...

Nov 23, 2017
Industrial Real-estate Crunch Hits the Valley

BCBusiness + Frontline Real Estate Services Businesses that regard the Fraser Valley as the solution to their industrial land needs would have been startled by Abbotsford Mayor Henry Braun, who at a recent public event announced: “We will run out of serviced industrial land within the next five years at the current rate of intake.” Nobody is...

Nov 16, 2017
Big Fat Deal: $8M for a house that will change your point of view
Fiona Morrow

Address: 1505 Tolmie Street, Vancouver Price: $7,799,000 MLS: R2217368 The skinny: Three-bedroom, four-bathroom, 2,620-square-foot house on a 4,150-square-foot lot in Point Grey. The bling: There is nothing like a bit of edge to help sharpen the senses. Off-kilter and angular, here is the home that eschews...

Nov 16, 2017
Parksville has the highest percentage of homeowners in British Columbia
Nathan Caddell

Metropolitan areas lead B.C. in percentage of renters Among cities and municipalities with more than 5,000 people, Parksville leads British Columbia with the highest percentage of homeowners. Almost 82 per cent of home dwellers in the Vancouver Island city own their property, according to recently released data from the 2016 census. Other areas...

Nov 15, 2017
Industry experts eye Kelowna as hot real estate opportunity
By the Editors

With Vancouver’s sizzling real estate showing no signs of cooling, the average condominium gained 16 per cent in value year-over-year in the third quarter, according to Royal LePage. That might not come as a surprise, and with an average price of more than $750,000, the city’s condos aren’t exactly affordable for the typical buyer. What...

Nov 2, 2017
Big Fat Deal: $9 million for Nickelback frontman Chad Kroeger's crib. Again
Fiona Morrow

Address: 30709 North Burgess Avenue, Abbotsford Price: $ 8,848,000 MLS: R2138661 The skinny: Six-bedroom, eight-bathroom, 20,135-square-foot rock star playhouse on a 18.5-acre estate in Abbotsford. The bling: Usually that would be simple: a house with a rock star history, every possible upgrade (an ice rink!) and...

Oct 26, 2017
Big Fat Deal: $7 million for a piece of Point Grey pastiche
Fiona Morrow

Address: 4103 West 10th Avenue, Point Grey Price: $6,888,000 MLS: R2211078 The skinny: Eight-bedroom, six-bathroom, 3,411-square-foot house on a 5,750-square-foot corner lot in Point Grey. The bling: You’ve been saying how bored you are by the ubiquitous Italian marble, fancy kitchen appliances, media rooms...

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