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 [...]
Tag Archives | condominium
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 [...]
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 [...]
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 [...]
A few more quick stats on the ‘09 KW Real Estate Market
Following up on the recent post What happened in Kitchener Waterloo Real Estate in ‘09, here are a few more detailed statistics on residential home sales on the KW Real Estate board in 2009: The most active residential price segment were homes $200,000-$250,000, with 1794 sales Overall there was more than $1,680,000,000 (1.6+ billion) worth [...]
