Canada: Federal Government Releases 2017 Budget

Last week, the federal Liberal government in Canada released their budget for the upcoming year. If you want to read the full budget, you can find a copy of it here: http://www.budget.gc.ca/2017/home-accueil-en.html. To make things a bit easier, here are three things we t...

New Condo Development: 989 Victoria’s Presentation Centre Opens

Tomorrow, a new condo development in Victoriawill open its presentation centre to the public. 989 Victoria, on the corner of Johnson and Vancouver, offers modern floorplans with timeless features, including quartz countertops, wood cabinetry features, hardwood flooring, a...

Canada Revenue Agency: Declare the Sale of Your Home!

It’s tax season, so while you have already thought about RRSP contributions and finding those receipts from last July for the Canada Revenue Agency, have you thought about claiming the sale of your home? [caption id="attachment_6773" align="aligncenter" width="300"] La...

Real Estate Investment: You Got the Condo. Now What?

As the Victoria real estate market continues to heat up, we have more buyers vying to get a piece of the market and into a real estate investment, opting to buy rentable, desirable condos, especially ones in and around the downtown core. But, as an investor, what do you w...

Victoria Real Estate Board: February Stats Are Out!

Can you believe that we’re already into March? The good news is that, despite the snow still threatening to fly, we are on our way to spring! And before the flurry of the spring market hits us, let’s take a look at the Victoria Real Estate Board stats on how February turn...

Property Transfer Tax: BC Government Changes Thresholds

When buyers are out looking at condos and working on their budgets, they sometimes don’t always take into account the additional costs that can go with that purchase. For example, a buyer will have to account for any inspection costs, any mortgage closing costs, and the l...

Victoria Condos: How Can New Buyers Prepare?

The current market for Victoria condos is a frustrating one, for both the seasoned buyers and agents alike. Buyers are suffering from a lack of inventory, and when they do find a property they love, several other buyers are interested, too. [caption id="attachment_6696...

New Condo Development: The Otto

The OTTO, located on McKenzie Avenue between Saanich Road and Quadra Street, is a new condo development in Victoria, BC. With its unparalleled location and sleek modern design, these condos, lofts and townhomes are designed with you, the buyer, in mind. [caption id="at...

Secondary Suites: Oak Bay Looks to Legalize Rentals

This week, the district of Oak Bay announced that they were looking into the possibility of changing their long-standing rule against secondary suites. CBC News published an article on January 31 discussing the suburb’s intentions, quoting the Oak Bay mayor saying a recen...

Victoria Real Estate: CMHC Raises Risk Level

This morning, Canada Mortgage and Housing Corporation (CMHC) issued a red alert for the city of Victoria’s real estate market, putting the city on par with Vancouver and Toronto. The body will hold its “red warning” for the country as a whole, as well, “with prices in and...
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