Buying an investment property is a popular option for Canadians looking at different ways to invest their money.Tranquille on the Lake has been listed for sale
Posted by Steve Harmer on
THE PROPERTY COULD BE YOURS FOR $15.9 MILLION!
KAMLOOPS - A part of Kamloops’ history is up for sale with the promise of future development opportunities.
Tranquille on the Lake is the most recent development property to hit the real estate market — a 150-year-old location best known as the former provincial tuberculosis centre, which later became an institution for the mentally ill.
While close to 50 buildings remain on the property its primary use has been agricultural, but Colliers International Broker Chad Biafore says the possibilities are endless.
“Nobody likes change, but I think it would be great for Kamloops if someone developed this property and put in homes,” he says. “There’s opportunities for people to live out here and grow…
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Secondary suites, a common feature of larger, older homes in several Canadian municipalities, have been in existence for many years but became illegal in some jurisdictions when zoning bylaws set stringent requirements for the type of housing that could be accommodated in low-density areas. Since the 1980s, secondary suites have been recognized by policy makers as one of the most cost-effective ways of providing affordable rental housing and are an important part of the Canadian housing stock, especially in urban areas. Secondary suites make up close to a fifth of the rental stock in Vancouver and Edmonton. They are also an important source of…
Move to a larger, more suitable home in your neighbourhood or stay put and renovate what you have? Finish the basement or build an addition? And most importantly, what would each scenario cost?
Renting property can be a lucrative way to make money but make sure you know the rules..
TORONTO – Homebuyers in Canada now face larger down payment requirements for properties over $500,000. The changes are intended to temper some of Canada’s heated real estate markets. Here are five things to know about the new rules:
Whether rough, hand-hewn planks, or elaborately laid parquet, wood has always been dependable as a durable surface with a host of other benefits. Today’s modern hardwood flooring maintains its durability, is easier than ever to care for, and is available to enhance every architectural and decorating scheme.
There can be profit in dealing with undervalued foreclosure property but there are pitfalls that must be taken into consideration. If your an investor and have the ability to make repairs/updates if needed on a foreclosure then maybe this is something that you should look at.Often houses that end up in foreclosure have a lot of "baggage" with them. Sometimes it can be a house that's not finished and will need more work, permits etc. to finish and some houses are left in a condition that make them unlivable.
The process of selling a strata property is not the same as selling a house, and it tends to be much more involved when it comes to drawing up the paperwork.
Multiple Listing Service® (MLS®) residential sales in the province are forecast to edge back 6.2 per cent to 96,100 units this year, after reaching 102,517 units in 2015. Strong consumer demand is expected to push MLS® residential sales up by 2 per cent to 98,000 units in 2017.