Hot on the heels of last year’s report, REIN, the Real Estate Investment Network, published their report naming Kitchener, Waterloo and Cambridge Ontario the #1 place in Ontario to invest in real estate. Why does REIN consistently rank Kitchener Waterloo #1 ? Here are the Top 9 Reasons You Should Invest in Kitchener Waterloo Real [...]
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Investment Property in Cambridge Ontario Sells for BIG Bucks
(originally posted at Investment Property in Cambridge Ontario sells for $45+ million on June 28th) Large Apartment Building Sold in Cambridge Ontario Last week we looked at Two Waterloo Region Apartment Buildings that Sold For $45+ million. Here is a video with some more information on the sale: To recap, the investment property in Cambride, [...]
Kitchener Waterloo Real Estate news
Here are some articles about Kitchener Waterloo Real Estate that were posted on our other blog this week. An excerpt of each article is included. Click the title to read the full blog. Google moves offices from Waterloo to Kitchener’s Tannery Big news for downtown Kitchener: Google is moving it’s offices from Waterloo’s Tech Town [...]
Two Waterloo Region Apartment Buildings Sell For $45+ million
(…and we have many clients looking to buy big Kitchener Waterloo apartment buildings – contact us today if you have one!) Two Waterloo Region Apartment Buildings Sell For $45+ million… …$46,710,000 to be exact Killam Properties has announced the purchase of 225 recently built residential units in Cambridge, in two river front apartment buildings. This [...]
How profitable can investing in Kitchener Waterloo Real Estate be?
I just got this email from a client, who bought his first real estate investment property in 2008. He now owns 4 rental properties in Kitchener Waterloo, including student rentals, single family homes, and a future development site (currently rented). Hi Ben, I hope this message finds you and Sarah well and enjoying married life. [...]
Commercial and Investment Real Estate Market Heating Up
What a gorgeous day in Kitchener Waterloo – it’s sunny, warm(ish), and dry! Earlier this week we looked at the strength in the investment, student (Student Rental Market Update – Waterloo, Ontario) and commercial real estate (Commercial Real Estate Market Update – Kitchener Waterloo & Cambridge) markets in Kitchener Waterloo, Ontario. It’s not just KW [...]
Market Update: Real Estate selling fast in Kitchener Waterloo
“I can’t believe this sold in 2 days – the market is crazy these days!” – a client who wanted to invest in a condo this weekend (2nd unit in this complex that sold inside 3 days too) Homes and condo’s are moving very quickly in KW these days – our clients are involved in [...]
Student Rental Market Update – Waterloo, Ontario
We looked at commercial real estate sales in February & a lot of our clients focus on student rental properties in Waterloo; let’s have a look at some recent transactions: 3 properties on Bricker Avenue, directly across from Wilfrid Laurier University (WLU) sold for $8,450,000. There were 143 beds in the 3 properties, and per [...]
Tight Real Estate Market in Kitchener Waterloo
Property listings are down 33% at the end of January, compared to last January – there are less homes available for sale, and we have more demand from buyers and investors. Many people are trying to take advantage of historically low mortgage interest rates, and others want to buy and invest before the mortgage changes [...]
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 [...]
