Real Estate

Oct 24, 2016
International housing experts address affordability in Vancouver
Felicity Stone

This week 500 experts gather in Vancouver to explore ways to increase housing affordability in cities around the world. The Re:address housing conference is based on the idea that rapidly increasing housing prices in cities like Vancouver, New York, London, San Francisco and Sydney make it increasingly difficult for residents to find safe, affordable housing. In Vancouver, homelessness is at a 10-year high...

Oct 20, 2016
Big Fat Deal: $38 million on S.W. Marine Drive for those who have everything but still want more
Fiona Morrow

Address: 2106 S.W. Marine Drive, Vancouver Price: $38,000,000 MLS: R2114962 The skinny: Six-bedroom, eight-bathroom, 10,595-square-foot Vancouver estate on more than four acres of land. The bling: This, my friend, is all the bling. Ever. Sold for something close to a mere $11 million two years ago, the estate has been completely remodelled for the modern power executive who likes to throw his money around.

Oct 17, 2016
Intended consequences of new mortgage rules: CMHC
Felicity Stone

CMHC supports the new Canadian housing rules that come into effect Monday, which it helped the Department of Finance develop. “While some critics now accuse us of overlooking the ‘unintended consequences’ of our actions,” says CMHC president and CEO Evan Siddall, “in fact, the results of these policy changes were fully intended.” Government should not be supporting lending that threatens...

Oct 13, 2016
Big Fat Deal: $9 million for a concrete box that cuts an edge
Fiona Morrow

Address: 3263 W 48th AvenuePrice: $8,988,000MLS: R2109440 The skinny: Four-bedroom, six-bathroom, 4,839-square-foot house on an 11,000-square-foot lot in Vancouver. The bling: You want to be different. You want to stick out from the crowd. You’ve got $9 million to play with, and no, you do not want a cookie-cutter mansion. Oh no. You want something big, of course, but it should also dare...

Oct 6, 2016
Big Fat Deal: $7 million for the cute little coach house of your dreams
Fiona Morrow

Address: 29360 Townshipline Road, AbbotsfordPrice: $6,980,000MLS: R2018854 The skinny: Three-bedroom, two-bathroom, 3,632-square-foot coach house on a 39.5-acre equestrian estate in Bradner. The bling: Ready to live the dream and leave the metropolis and its annoying folk behind? You’re done with the people, their noise, and their needs. Shrug off the city, sista, and embrace the inner horse whisperer that’s been fighting to...

Oct 5, 2016
Developer Jon Stovell has an order for Vancouver: grow up, already!
Lucy Hyslop

When developer Jon Stovell launches into a gentle tirade about housing in Vancouver, he’s not afraid to take a broader swipe at society, to boot. “Our egocentric world,” declares the president of Gastown-based Reliance Properties Ltd. (and 2016-18 chair of the Urban Development Institute), “results in a myopic pursuit of our own self-interest that’s leading us to do things that are...

Oct 4, 2016
Ottawa closing tax loophole on sale of principal residences
Felicity Stone

Federal Finance Minister Bill Morneau announced new rules aimed at limiting foreign money into Canadian real estate and ensuring that Canadians take on mortgages that they can afford. The rules, announced Monday, include a move to close a loophole in the tax laws that allows non-residents to buy homes in Canada yet get a tax exemption when they sell the home by claiming it...

Sep 29, 2016
Big Fat Deal: $5 million for a Kerrisdale home with sunny ways
Fiona Morrow

Address: 6187 Mackenzie Street, VancouverPrice: $4,998,000Listing ID: R2106758 The skinny: Two-bedroom, three-and-a-half-bathroom, 3,637-square-foot house on a 7,748-square-foot lot in Kerrisdale. The bling: Let’s face it: we could all use a little cheering up. So what better way to put on your happy face than by waking up in a home that practically screams “Have a great day”? From the sunshine yellow walls...

Sep 28, 2016
Outspoken architect Gregory Henriquez gets political
J Parry

Few individuals have shaped Vancouver in the early 21st century to the extent that Gregory Henriquez has. The 53-year-old architect is the man behind Woodward’s, Telus Garden and the upcoming Oakridge redevelopment—each project transforming neighbourhoods (or promising to transform them) in profound ways. Henriquez joined his father Richard’s firm (then called Henriquez Partner Architects, and prior to 1977, Henriquez and...

Sep 27, 2016
Vancouver real estate has always been expensive—and we have proof
Felicity Stone

Vancouver has a long history of pricey housing, especially since the Second World War, and an equally long history of speculation about causes and potential solutions. In 1949, the Vancouver Housing Association noted, “There is a widespread illusion that with the rise in incomes, home ownership is possible for almost everybody. The facts are that owing to a still greater...

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