See whats happening in Kamloops that effects your property buying decisions. The Kamloops property for sale blog has articles that are for buyers, sellers and for everyone. Keep coming back to the Blog and see what you can learn.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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In simpler times, people threw Tupperware parties or took in lodgers. Now they run pop-up supper clubs or rent out spare rooms on Airbnb. Some do it for fun - there’s nothing like cooking for strangers or doing a bit of towel art on Egyptian cotton duvets - but most people do it for the money.
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:
According to data compiled online, "hardwood floors" is the most common word or short phrase used in Canadian real estate listings, followed by "beautiful" and "stainless steel appliances."
The spring housing market, despite the best efforts of weather gods, is budding.
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.
Buying or selling a home is probably one of the largest investments you will ever make. That is why it is important to choose the correct REALTOR® that will work to your benefit, to guard your equity and your future.