Victoria rental housing market and related issues discussion
#1861
Posted 09 March 2024 - 11:02 PM
#1862
Posted 09 March 2024 - 11:12 PM
#1863
Posted 10 March 2024 - 02:10 AM
It will not be passed.
- Matt R. likes this
#1864
Posted 10 March 2024 - 03:01 AM
Highest jump was in Edmonton, with prices up 17% since last year
https://www.cbc.ca/n...sking-1.7114976
#1865
Posted 10 March 2024 - 03:01 AM
While Canada's average national vacancy rate sits at a record low of 1.5 per cent, there is one kind of property that likely has a "for rent" sign out front: retirement homes.
The Canada Mortgage and Housing Corporation (CMHC) said vacancy rates for standard spaces in retirement homes averaged 15.6 per cent the last time it surveyed them in 2021, ranging from as high as 26.8 per cent in Alberta and low as 6.3 per cent in Nova Scotia.
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Brett Sargon and two teammates from his New Zealand curling team wanted to train and compete in Calgary for a few months but were having trouble finding somewhere affordable to stay.
After sharing their situation on social media, Chartwell Colonel Belcher Retirement Residence reached out to propose a "win-win situation," he said. The athletes would stay there without having to commit to a year-long lease, and their presence would liven up the place during their stay.
https://www.cbc.ca/r...notes-1.7134445
Edited by Victoria Watcher, 10 March 2024 - 03:03 AM.
#1866
Posted 10 March 2024 - 07:55 PM
Not a lot of seniors like their homes "livened up."
#1867
Posted 12 March 2024 - 08:46 AM
Opportunity to acquire a 37 unit well maintained apartment building in the Burnside neighborhood in Victoria. Building constructed in 1976 and offers large 1 and 2 bedroom suites all offering large exterior balconies. Units are on average 65% below CMHC market rents offering significant revenue upside. All 2 bedroom suites have dishwashers and rare walk in closets. Opportunity to buy the shares of the Bare Trust Corp.
$10,350,000
565 Manchester Rd
Victoria, British Columbia V8W2E1
https://www.realtor....ictoria-mayfair
Edited by Victoria Watcher, 12 March 2024 - 08:47 AM.
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