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Real Estate News

Real estate boom, height lift spur growth in Austin Heights

Real estate boom, height lift spur growth in Austin Heights

The old Safeway on Austin Avenue is down to make way for a new and expanded grocery store. The property owner, Beedie Living, plans to build two new highrises after the store opens in the summer of 2019.

Business property values also on the rise in Tri-Cities

Assessments up in all three cities: BC Assessment

Condo, townhome assessed prices are up in the Tri-Cities

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.
New development to help pay for transit

New development to help pay for transit

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

Non-residents have big stake in newer Coquitlam condos

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.
Rents on the rise in the Tri-Cities

Rents on the rise in the Tri-Cities

Evergreen Extension likely to blame, says analyst
Port Moody closer to its first new rental building in 30+ years

Port Moody closer to its first new rental building in 30+ years

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.

2.41% hike in 2018 homes taxes in Coquitlam

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.
Condos proposed for former TV factory

Condos proposed for former TV factory

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.
Port Moody gets new planning manager

Port Moody gets new planning manager

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