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Centre Block to bring $95 million development to Kitchener downtown

Exciting news this week about a new development in downtown Kitchener, on the Centre Block land that the city has acquired over the past 10 years at a cost of about $13 million.  From The Record: During a closed-door meeting councillors gave their final authorization to staff for an agreement between the City of Kitchener and Brampton-based Andrin Homes for the redevelopment of Centre Block with... [Read more]

New Mortgage Rules for Real Estate Investment in Canada

My wife and I are in the Carribean this week doing some research, so posting has been light. However, I want to pass along a few articles my friend Jeff Zabel, with Mortgage Alliance in Kitchener Waterloo emailed to me.  They are about changes to the mortgage rules, and will affect real estate investors: This morning Finance Minister Jim Flaherty made the following three announcements to mortgage... [Read more]

More Tech Innovations Come out of Waterloo

One of the reasons that investors like this area is because of the innovation and creativity.  Here is another example Google Buzz, the latest Social Media platform, came out of Google’s office that I drive past every day, right here in Waterloo Ontario.   http://www.financialpost.com/news-sectors/technology/story.html?id=2542955 Just as Google’s simplistic homepage belies the advertising... [Read more]

Tim Jackson appointed CEO of Accelerator Centre in Waterloo

One of the reasons that Kitchener Waterloo attracts so much attention from investors across the world is that the region is a hub of high tech companies (read: Life in a High Tech Powerhouse, 3rd article down) that continue to innovate and grow. In that light… Exciting news announced yesterday: Tim Jackson (@timothyjackson on twitter) has been appointed CEO of the Accelerator Centre in Waterloo. ... [Read more]

Open House in Kitchener Waterloo this weekend

If you’re looking for a new home, or just want some decorating tips, check out these Keller Williams Golden Triangle Realty open houses this weekend:   $232,900 ~ A7-175 David Bergey Drive, Kitchener ~ Sat Feb 6th 2-4pm and Sun Feb 7th 2-4pm Great location! Backs onto forest and all amenities close by! Come buy this well maintained 3 bedroom, 2 bathroom home with new hardwood and walkout basement!... [Read more]

Property Management for KW investment property

A big part of our client base lives outside of Kitchener Waterloo – other parts of Ontario, Canada, and even people living in other countries.  They are able to live   where they love, but invest where the numbers make sense because they employ quality property management companies. Even a lot of our clients who live in the KW area use property management to take care of their rental... [Read more]

A profile of Eastbridge in Kitchener Waterloo, Ontario

One of my favorite neighbourhoods in Kitchener Waterloo is Eastbridge. Located in the North East part of the city, there are parks, trails, beautiful homes (ranging from condos, semis and towns to luxury homes worth more than $1 million), shopping (Conestoga mall is close by), close to restaurants like Wildcraft, Ben Thahn, The Keg and more. It’s also close to the expressway, which means 401 access... [Read more]

Why we invest in Kitchener Waterloo Real Estate

Yesterday I had the chance to sit down with two of our clients, Dr Robin Walsh and Darryl Kraemer to discuss why they invest in Real Estate, as opposed to any of the other investment vehicles available, like stocks, mutual funds, commodities, gold etc.  Press play to hear what they had to say: Darryl and Robin have a great portfolio of single family residential (including condo units) &... [Read more]

What to put in an offer when you’re buying investment real estate

A friend of mine asked me this morning what clauses we usually put in an offer, when we’re helping our clients buy and sell an investment property in Ontario.  While every purchase and sale will have unique features demanding custom clauses – often a few Schedules worth of them – most of the time, we use the same base of conditions and clauses when our clients are buying a rental property. Conditions: Real... [Read more]

Nominees for Kitchener Waterloo Business Excellence Released

The Kitchener Waterloo Chamber of Commerce has just released the list of nominees for the annual Business Excellence Awards. Congratulations to everyone who is nominated! I want to specially recognize a number of my friend’s who are nominated, inlcuding Fiddleheads, Gowlings, Rick Baker, Kurt Wissent, Mandy Dennison, Jason Kipfer, Stemmler Meats, Nutrition for Learning, Mandy Dennison, Leo Tobi,... [Read more]

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