(…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 [...]
Tag Archives | investment real estate
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 [...]
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 [...]
Fundamentals for Canadian Commercial Real Estate Intact, say Avison Young
Avison Young just released their report researching 13 major commercial markets in Canada and the US (Vancouver, Calgary, Edmonton, Regina, Winnipeg, Toronto, GTA West/Mississauga, Ottawa, Montreal, Quebec City, Halifax, Chicago and Washington, DC.). They look at the Industrial, Retail, Investment and Office market sectors. "If anyone needs to be reminded, commercial real estate is a [...]
2009 Kitchener Waterloo Investment Real Estate Market Update
2009 was an interesting year to be buying, selling, and brokering investment real estate. The turbulence in the global credit markets put a halt on a lot of lending, especially mortgages for student housing. When CMHC stopped insuring loans on ‘student housing,’ many lending institutions and banks stopped lending against those assets, since without CMHC [...]
