Real Estate News

Assessments up in all three cities: BC Assessment

Condominiums and townhouse properties drove gains in residential real estate values in the Tri-Cities last year, according to figures released this week from BC Assessment.

A tool to capture property value from density around stations, Coquitlam mayor says, but UDI concerned about adding more costs to homes

Close to a quarter of all condos built in Coquitlam since the beginning of 2016 were purchased by non-resident buyers, according to newly released data from Statistics Canada. Coquitlam’s figure of 22.

Evergreen Extension likely to blame, says analyst

It’s not easy being the first. It can also be expensive. But the developer of Port Moody’s first new rental apartment building in more than 30 years says his company remains committed to the project.

The average residential homeowner in Coquitlam can expect to see a 2.41% increase when their property tax bill arrives next year. According to the financial plan given first reading Monday by council, commercial property owners will see a 1.

A community information meeting is being held Thursday at the Port Moody Arts Centre, from 4:30 to 6:30 p.m., to present the latest proposal for the redevelopment of the former Chisholm Television factory site at 50 Electronic Ave. in Port Moody.

The city of Port Moody is hoping its new manager of planning and development will be a beacon for the city’s growth.

Port Moody’s first new rental building in more than 30 years is a step closer to getting built. The project, to be constructed by developer Woodbridge Properties on St.