Last week we looked at Two Waterloo Region Apartment Buildings that Sold For $45+ million. Here is a video with some more information: To recap, the investment property in Cambride, Ontario was purchased at a 5.7% cap rate. Between both apartment buildings there are 225 units, and the average rent is above $1500 per month. [...]
Tag Archives: cambridge
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 [...]
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More on Kitchener Waterloo’s possible Cambridge-less amalgamaltion
The following is a guest post by Vince Jelenic. You can find his contact info at the bottom of the piece. These views represent Vince’s opinion; if you’d like to share yours, please contact me Hi, I’m Vince Jelenic, a resident of Cambridge, and owner of a local business called Green Spot Antiques – TwoJJs. [...]
Waterloo bests Kitchener and Cambridge in Canada-wide study
An interesting tidbit in The Record this week: Waterloo more attractive to economy-boosting immigrants than Kitchener and Cambridge WATERLOO REGION – Waterloo is a Canadian leader in attracting immigrants to power its economy, while Kitchener is in the middle of a pack of 50 cities nationwide, according to a study by the Conference Board of [...]
Check out these Open Houses in Kitchener Waterloo
Looking for a new home, or just some design ideas? Pop into these Keller Williams open houses this weekend around Kitchener Waterloo and Ayr, Ontario $460,000 ~ 211 Reed Place, Ayr ~ Sun Jan 10th 2-4pm Stunning 4000 sqft home located on cul-de-sac in exclusive section of Ayr! Open concept 5 level, 3+1 bedrooms, 4 [...]
Amalgamation talks for Kitchener & Waterloo (not pictured – Cambridge)
This morning on twitter a few of us, namely Kurt Wissent (@kwissent), Darren Shaw (@DarrenShaw), @greenspotting and I (@benjaminbach), have been discussing the recent news that talks towards amalgamation of Kitchener and Waterloo are progressing: KITCHENER — Amalgamation may be back on the local political agenda, but only for two cities. Councillors for Kitchener and [...]
Waterloo Vacancy Among Canada’s Lowest
Waterloo’s vacancy rate is among the lowest among Canada’s real estate rental markets, according to a recent Canada Mortgage and Housing Corporation (CMHC) report (which we covered here: Vacancy rate in Waterloo falls to 1%), “thanks to a crush of high-tech workers and university students looking for short-term housing.” (via The Record) The one-per-cent vacancy [...]
Report: Waterloo Vacancy Rate Falls to 1%
Canada Mortgage and Housing Corporation (CMHC) just released their Rental Market Report for the Kitchener and Guelph CMAs. This report outlines the vacancy rates, average rents, availability rates etc., and breaks the information down by category – i.e. vacancy rate for 2 bedroom apartment vs 1 bedroom apartments, or comparing rates in new apartment buildings [...]
