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Manulife paid $48 million for a 57-unit North Vancouver rental townhouse complex at a 4.7 per cent cap rate, below what the seller paid in 2022. Why institutional capital is buying old buildings instead of funding new ones, and what that means for Metro Vancouver presale buyers.
Ottawa just put $2.7 billion into Toronto rental housing. BC’s federal deal was built to lower costs instead — and CMHC now forecasts Metro Vancouver condo starts falling through 2028 while demand recovers.
Back in July, before the public hearing, I wrote an explainer on the Villages Plan for anyone who did not know a rezoning from a hole in the ground. The …
Buying a floorplan versus a finished new home you can walk through: warranty clock, timing, financing, tax and where the negotiating room actually is.