Category: Uncategorized
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2025 BC Property Assessments: Key Changes & Trends
In 2025, British Columbia has 2.2M assessed properties, ↑ 1% yearly. The total value of BC Real Estate in 2025 is $2.8T, ↑ 1.5% yearly.
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Check out my new listing Address: 1677 LLOYD Unit #303, North Vancouver, British Columbia V7P0B1
Discover the ultimate blend of convenience and comfort in District Crossing, one of North Vancouver´s most sought-after complexes, crafted by the award-winning Qualex Landmark. This spacious 2-bedroom, 2-bathroom offers efficient living space, thoughtfully designed with no wasted areas. Perfect for first-time buyers, investors, or downsizers. kitchen with stainless steel appliances, ample cabinetry, and modern finishes.…
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Home Flippers Face New 20% Tax in BC
BC’s new 20% home-flipping tax takes effect January 1, 2025, targeting quick residential property sales. The tax applies to homes sold within 730 days of purchase, with a decreasing rate over time.
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Burnaby rents second-highest in Canada, despite nationwide decline
Rents in Canada have declined by 3.2% in 2024, the lowest in 17 months, but remain 16.8% higher than pre-pandemic levels. Burnaby ranks second for the highest rents in Canada, with one-bedroom apartments averaging $2,366 (down 9%) and two-bedroom apartments at $3,055 (down 3.1%). Overall, BC saw a slight rent decline of 0.5%, while Ontario…
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BC Vacancy Rates Climb, Rent Slows!
Vacancy rates rise as B.C. rental prices stabilize after years of record increases.Vancouver’s two-bedroom units average $2,314, much higher than Canada’s $1,447 national average rental price.
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Tax Tip Optimize BC Insurance Premium Payments
Verify with your accountant if your insurance premiums are paid tax-efficiently to optimize claims. Premiums are paid with after-tax dollars for non-incorporated individuals; benefits are non-taxable, and premiums are not deductible.
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Things Homeowners Should Check in Winter
Protect Pipes: Insulate exposed pipes to prevent freezing and bursting during cold weather. Seal Air Leaks: Check windows, doors, and outlets for gaps to save on heating costs.
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बी.सी. नए साल में घर-फ्लिपिंग टैक्स और आयकर छूट के साथ कदम रख रहा है
ब्रिटिश कोलंबिया में 1 जनवरी से नया 20% घर-फ्लिपिंग टैक्स लागू होगा, जिसका उद्देश्य निवेशकों द्वारा त्वरित संपत्ति बिक्री को हतोत्साहित करना है। प्रीमियर डेविड एबी ने मध्यम-आय कर कटौती की घोषणा की है, जिससे 2025 में $1,000 तक की छूट मिलने की उम्मीद है, और आने वाले वर्षों में और छूटें दी जाएंगी। हालांकि,…
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19 assessed values of Metro Vancouver landmarks and major sites
BC Assessment's 2025 property assessments highlight significant non-residential property values in British Columbia, often overshadowed by residential trends. Notable assessed values include Stanley Park at $3.649 billion, Queen Elizabeth Park at $455 million, and the University of British Columbia campus at $7.618 billion. Other key properties include Hastings Park/PNE valued at $1.2 billion, Canada Place…
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5 Facts About 2025 Housing Market: Shocked by the Last?
1. 2025 may see a surge in housing demand: Lower rates and rule changes could overwhelm Canada’s housing market 2. New mortgage rules benefit high-end buyers: This shift offers smaller down payments for higher-priced homes.