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The decline in property prices in Canada is not normal at this time of year. Only the fourth-quarter decline in the index’s history was the year. Last month also recorded a monthly consecutive monthly decline. Component indices were below eight of the 11 metropolitan markets surveyed: Vancouver (−0.6%) Calgary (.60.6%) Edmonton (−0.6%) Winnipeg (−0.5%) Ottawa-Gatineau …
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Two parcels of golf course land in Surrey have sold for $36.35 million, according to Macdonald Commercial Real Estate reports. The two parcels total 24 acres and are designated for multi-family development. The two properties have a combined assessed value of $8.22 million. Surrey is located in British Columbia, Canada, on the Lower Mainland …
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Pro Real Estate Investment Trust( PROREIT) annouced the proposed acquisition of two light industrial properties. Industrial Properties is aggregate purchase price of $15.4 million. It is representing an implied weighted average capitalization rate of 6.8%. James W. Beckerleg, President and Chief Executive Officer said: “”These high quality, accretive acquisitions expand our presence in Ontario …
Renovations are expected to start within a number of week at the Saint John City Hall building, as new local owners step in to take over the major uptown office tower. Service New Brunswick records show the company paid $3 million for the property, less than half the asessed value of $7.5 million. City councillors …
Dexter House is luxury apartment in Osborne Village. Lount Corporation is constructing Dexter House in Winnipeg,Canada. The concrete and steel, four- story development in trendy Osborne Village is not a condominium project. Also, Osborne Village has a completion date of spring 2019. Ben Lount, executive vice president of Lount Corporation said: “Boomers may be looking …
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The Ontario government is expediting the sell off of 243 surplus government properties on 14,600 acres to raise between $105 million and $135 million in the next four years. The plots range from old jails and psychiartric hospitals to empty lots. About 50 of the properties are in the Toronto and Hamilton area, including …
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Saroukian Group which is based Edmonton is developing Central Parc Laval. The property development firm is developing Central Parc Laval, a six tower development that will contain 1.400 high end residential rental units, a luxury hotel and retail space. It will built on a 10 acre parcel of land with 1.2 million square feet of …
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Residential real estate market continued to grow in the third quarter of 2016 in Canada, posting a double-digit year-over-year aggregate house price increase, according to the Royal LePage House Price Survey. Despite The Government of British Columbia’s new 15 per cent property transfer surtax on foreign nationals and foreign-controlled corporations, home prices increased …
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Bayside Pier 11 is being developed by Genesis Builders Group and Genesis Builders in 295 Baywater Way Southwest, Airdrie,Alberta,Canada.Sales prices are starting from $329,685 and rise up to $510,283. Nestled in the heart of Airdrie’s welcoming, family-friendly Bayside community, Pier 11 offers the serenity of the country alongside the conveniences of the city. With …
Continue reading “Family homes for sale in Canada, prices start from $329,685”
YUL Condominiums is being developed by Brivia Group and Tianco Group in 1400 Boulevard René-Lévesque Ouest, Montréal,Canada .The development is scheduled for completion in 2017.Sales prices are starting from $200,900 and rise up to $2,884,900. The development has a total of 800 units. YUL will offer high-end exclusive services to its residents, including a spacious …
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