Some disappointing news out of last night’s Council meeting in Waterloo – our elected city councilors think its best to not ask the citizens our opinion. Hmmmmmm….. Regardless of if you’re a pro or con on amalgamation, shouldn’t the voters get to debate and decide? Waterloo votes down merger question By Brent Davis, Record staff [...]
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Bauer in Waterloo filled, Cambridge place still half empty
There is a very interesting article in The Kitchener Record this morning about the night and day differences between the Waterloo and Cambridge real estate markets for Office space, as well as industrial space. While many people are excited to live in the Bauer Lofts, there is also prime commercial space next door in the [...]
Own Investment condos? Look at the Home Renovation Tax Credit
Most people associate the Canadian government’s Home Renovation Tax Credit (or HRTC) with detached family homes and larger properties; rarely do they think about the investments they own, or if they do, the investment condos. What is the HRTC? In the government’s own words: Under proposed changes, the HRTC is a non-refundable tax credit based [...]
Flaherty to public: Hold on, I’m thinking, watching and monitoring real estate market
Canadian Government still looking at shorter mortgage amortizations on real estate purchases, but no indication of decision yet So much talk, so little action. Typical of a government, so I probably shouldnt be surprised On December 22 I wrote Flaherty comments further on Canadian Real Estate and Mortgages and on Janaury 13 I reported in [...]
What Student Rental apartment buildings can you buy in Waterloo?
…and what return will you get on your money by investing in these student properties? This is something I’ve been asked a lot recently, especially with the news that CMHC is now back in the student rental financing game. In this video, we look at a 180 bedroom property that an investor is considering near [...]
CMHC *finally* returns to Student Housing Rentals in Waterloo
The day is upon us. Many of our clients have been waiting for this since 2008, when the tap of money for student rental properties seemingly dried up. CMHC stopped insuring loans on this asset, and when CMHC gets out of the game, banks tighten up their available financing terms and start looking for much [...]
Local Real Estate agent guesses Street, so more Money is going to Haiti
Congratulations to Laura Munroe, a realtor at royal lepage here in Kitchener Waterloo, Ontario who correctly guessed the street pictured on page 2 of the pdf (or page 30 of the magazine) in ‘Kitchener Waterloo profiled in Canadian Real Estate mag’s “Areas Set To Boom”’. The picture was taken in front of a rental property [...]
Kitchener Waterloo named in “Areas Set to Boom” by Canadian Real Estate mag
The recent issue of Canadian Real Estate magazine has a profile of Kitchener Waterloo, Ontario in the cover story on Areas set to boom. There is a lot of great content in it. CRE-Feb
A Cambridge perspective on Kitchener Waterloo’s amalgamaltion
The following is a guest post by Vince Jelenic. You can find his contact info at the bottom of the piece. These views represent Vince’s opinion; if you’d like to share yours, please contact me. This post originally appeared at More on Kitchener Waterloo’s possible Cambridge-less amalgamaltion Hi, I’m Vince Jelenic, a resident of Cambridge, [...]
Canadian Real Estate Market Growth Based on Demand
An interesting article on the national real estate market in Canada appeared in the Kitchener Record this morning. While 2009’s market ended the year very strong, economists caution people from thinking we may be in or entering a ‘bubble’ like we saw in the US market. Record home sales capping 2009 due to supply and [...]
