Showing posts sorted by relevance for query rent. Sort by date Show all posts
Showing posts sorted by relevance for query rent. Sort by date Show all posts

Friday, September 11, 2015

rent control...

"The current system of rent controls, which has been in effect since 2004, is defined as a two per cent increase per year plus the rise in the Consumer Price Index, which is currently running at 1.1 per cent."
http://www.theprovince.com/Rental+Crunch+Housing+minister+warns+possible+hikes+under+rent+control+system/10444211/story.html
Coleman has concerns about cost increases that landlords are unable to recover under the present formula.
The minister gave the following example of why the rules need to be re-examined:
“If my municipality increases property taxes by six per cent, landlords have no way of recovering that. The same applies to increases like sewer and water ... Other options may also be put on the table.”


http://www.vancouversun.com/business/Vancouver+mayor+urges+overhaul+rental+legislation/10903024/story.html

"Since 2002, British Columbia has had a two-tiered system where fixed-term renters get no protection, while those who rent month-to-month do. The legislation restricts landlords with monthly renters to a set annual increase. This year, the cap is 2.5 per cent."

http://www.vancouversun.com/business/Daphne+Bramham+tier+system+rent+control+needs+change/11333131/story.html?__lsa=2aee-8b0b
"The two-tier system is an inequity that could easily be fixed by a willing government, which the B.C. Liberal government clearly isn’t, even though since it passed the Residential Tenancy Act 13 years ago, the vacancy rate in Metro Vancouver has rarely even hit 2.5 per cent. It’s currently at 0.02 per cent."

https://www.google.ca/search?q=Tom+Durning+of+the+Tenants+Resource+%26+Advisory+Centre&oq=Tom+Durning+of+the+Tenants+Resource+%26+Advisory+Centre&aqs=chrome..69i57&sourceid=chrome&es_sm=93&ie=UTF-8

https://www.google.ca/search?q=rent+control&oq=rent+control&aqs=chrome..69i57&sourceid=chrome&es_sm=93&ie=UTF-8

Friday, September 11, 2015

Building boom is reshaping Vancouver – but at a cost to city’s downtown tenants

"Under the city’s noise control bylaw, construction on private property is allowed Monday to Friday from 7:30 a.m. to 8 p.m. and from 10 a.m. to 8 p.m.  on Saturdays. It’s prohibited on Sundays and statutory holidays. Construction on public property such as city streets, lanes and boulevards is allowed from 7 a.m. to 8 p.m. Monday to Saturday and from 10 a.m. to 8 p.m. on Sundays and statutory holidays."
https://www.biv.com/article/2015/6/renovictions-construction-wreak-havoc-renters


"Vancouver continues to have the "highest price per door" of the eight markets surveyed, at $234,661 - well ahead of a $147,000 price per door in Toronto, and $102,028 in Montreal.
Prices per door, or suite, have increased nearly 1.6 per cent in the last year in Vancouver, while dropping 5.8 per cent in Toronto.
And while Vancouver once had the highest rents in Canada - now averaging $1,177 - latest figures show the city is in second place, behind Toronto where average rents are $1,188. Rents in Montreal, at an average of $717, are the lowest."
http://www.vancouversun.com/business/affordability/Barbara+Yaffe+High+rentals+latest+trend/11315318/story.html?__lsa=2aee-8b0b


http://globalnews.ca/video/1983176/where-we-live-renting-vs-buying-part-2

http://data-loaf.blogspot.ca/2015/09/rent-control.html

http://data-loaf.blogspot.ca/search?q=rent

Friday, February 28, 2014

2125 E PENDER ST, Hastings, Vancouver East, $775,000.00

http://www.rew.ca/properties/V1041362/2125-east-pender-street-vancouver
2125 E PENDER ST, Hastings, Vancouver East, $775,000.00
V1041362
1910 Character home in fantastic Hastings Sunrise neighbourhood. Updates include:newer furnace & exterior paint. Currently used as an excellent rental property with 4 suites. Funky 3 bdrm suite on main floor-$1500,1 bdrm suite on top floorwith great VIEW -$550, 2 bdrm suite on garden level-$950 & bachelor also on garden level-$558. Total rent of $3,558/month-$42,696/year. Would also be a great renovation project to convert back to single family home on 2 levels, with 2 bonus suites in the basement. Great location close to lots of shopping on Hastings & Commercial Drive. Situated on quiet tree-lined street with central blvd & lots of well loved heritage homes on this block. SHOWINGS BY APPOINTMENT
MLS®:V1041362Finished Floor Area:2550.0 sqft.
Property Type:HouseLot Frontage:24' 9"
Basement:FullLot Depth:122
Bedrooms:6Age:104
Bathrooms:(Total:4, Half:)
Features:
  • View
  More pictures

REALTOR® Information
 MacIntosh PREC*, Lisa
Personal Real Estate Corporation

(604) 263-1144
Dexter Associates Realty
2094 West 43rd Avenue
Vancouver  V6M2C9
(604) 263-1144

http://www.realtylink.org/prop_search/Detail.cfm?areatitle=&ARPK=&ComID=&agentid=&MLS=V1041362&rowc=2&rowp=1&BCD=GV&imdp=10&RSPP=5&AIDL=855&SRTB=P_Price&ERTA=False&MNAGE=0&MXAGE=200&MNBT=0&MNBD=0&PTYTID=5&MNPRC=100000&MXPRC=800000&SCTP=RS

823 MCLEAN DR, Hastings, Vancouver East, $668,000.00


823 MCLEAN DR, Hastings, Vancouver East, $668,000.00
V1040879
Convenient LOCATION, only minutes to Downtown & Chinatown, close to Commercial Dr. Recently renovated with brand new metal roof. This house offers 2 separate contained suites: ground lvl has 3 bedrooms with own bath & kitchen with separate entrance. The upstairs has 2 bedrooms, large lvrm & kitchen & full bath. Also has new renovation & updated kitchen, with new repaints, flooring, double glazed windows & 2 sets of laundry. Ideal to live upstairs, & rent out the ground suite for mortgage helper. Call now for your viewing! Very attractive price! HURRY! School Catchments: Admiral Seymour Elementary & Britannia Secondary School.
MLS®:V1040879Finished Floor Area:1750.0 sqft.
Property Type:HouseLot Frontage:39
Basement:FullLot Depth:49.5
Bedrooms:5Age:Old Timer
Bathrooms:(Total:2, Half:) 
Features:
  • Central location
 

REALTOR® Information
 Wu PREC*, Melissa
Personal Real Estate Corporation

(604) 783-8272

 Sutton Grp West Coast (VanCam)
7547 Cambie Street
Vancouver  V6P3H6
(604) 322-3000

Tuesday, August 16, 2016

30-something-couple-got-rich-without house

So the couple decided to nix the house hunt. Instead, they enlisted the help of well-known Toronto financial adviser Garth Turner and invested their $500,000.
https://ca.finance.yahoo.com/news/30-something-couple-got-rich-090000502.html
They put 60 per cent in stocks and 40 per cent in fixed income investments like corporate bonds. That ratio shifted when the market turned volatile.
By late 2014, Shen and Leung say they doubled their money to $1 million.
Their investments continued to grow so the two decided to ditch their jobs last year. They don't even pay rent now because they're always travelling.
They live on $30,000 to $40,000 a year, money that largely comes from dividend payments generated from their stock portfolio.
Unlike owning a million-dollar home, says Leung, "if you have a million-dollar portfolio, it pays you."

Of course, not every millennial has $500,000 to invest and there are no guarantees in life that the markets won't let you down. But Shen and Leung claim anyone can easily learn how to build on their savings, no matter how small the amount. They say the returns will likely be better than buying a home with a big mortgage and related expenses like property tax.