I was just having lunch with a client, and the restaurant started shaking. That was *freaky* There was just an earthquake in South Western Ontario, felt in Montreal, Ottawa, Toronto, New York, and here where I am, in Kitchener Waterloo. That is a rather large span. No words on aftershocks yet. Overheard on Twitter from @jtorrespants: [...]
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Two Waterloo Region Apartment Buildings Sell For $45+ million
And we have many clients looking to buy big Waterloo Region apartment buildings - contact us today if you have one that you’d entertain offers on. $46,710,000 to be exact. Waterloo Region Apartment Buildings Fetch $46 million Killam Properties has announced the purchase of two river front Waterloo Region apartment buildings in Cambridge, totalling 225 recently built residential units. This [...]
Canadian Economic Indicators Show Healthy Growth
Canada’s economy grows at fastest pace in a decade: RBC Economics Canada’s gross domestic product is projected to grow by 3.6 per cent this year, according to a new forecast from RBC Economics. This follows real GDP growth of 6.1 per cent in the first quarter, which RBC says was the fastest pace in over [...]
Whats going on with Mortgage Interest Rates in Canada?
Interest Rates and Mortgage terms have been in the news the last few years – first, rates were at a historical low, and now the talk is that they are heading up. Add to that the waves CMHC made in the area of residential investment by increasing the required downpayment for small residential properties 400% [...]
CMHC: Kitchener Waterloo Real Estate Market Still Hot
CMHC just released their Housing Market Outlook for Kitchener Waterloo, Cambridge & Guelph (and surrounding area). The highlights are: Sales will continue at a strong pace through the fi rst half of 2010 before moderating later this year and into 2011. Low interest rates, population growth and a slightly better job market outlook will [...]
Kitchener Waterloo Real Estate in the News
Here are some articles about the KW real estate market, as well as the larger Canadian market that we’re reading today. Daily Commercial News: April Housing Starts Jump in Kitchener Canada Mortgage and Housing Corporation (CMHC) released April preliminary housing starts data for the Kitchener Census Metropolitan Area (CMA) today. Construction began on 390 homes, [...]
How much is the Kitchener Waterloo apartment building for sale for?
Value of a Kitchener Waterloo Apartment Building One of things I find myself talk to real estate investors about these days is how to value a Kitchener Waterloo Apartment Building. Seems there are lots of people looking to acquire high quality apartment buildings, but there is small supply of these buildings for sale, especially when [...]
What’s going on with Real Estate in Canada?
Real Estate Market Statistics for Canada and Kitchener Waterloo (Ben’s Kitchener Waterloo real estate market update is at the bottom of this article) Keller Williams Realty’s Real Estate Market Update for Canada This Month in Real Estate Video Report for Canada Market – April 2010 Commentary: Research from Keller Williams Realty International Canada’s economy continues to show [...]
Is Waterloo’s Student Housing Market Being Over Built?
What do you think – Is Waterloo’s Student Housing Market Being Over Built? Thousands of beds built recently in Kitchener Waterloo – can you still profit from investing in real estate here? find out!
New Investment Property CMHC Mortgage Rules & downpayment options in Canada
Two posts in one day – the new mortgage rules for investment properties in Canada must be big news! CMHC has changed regulations around how much money a real estate investor has to invest as an initial down paymeny when buying an investment property in Canada. Prior to today, you could put 5% down on [...]
