Buying a first home is a big financial milestone—and for many, it’s also a challenge to save enough for the down payment. Rising home prices and borrowing costs have turned down payments into a serious financial challenge for many Canadians. Fortunately, if you and your partner each have $75,000 saved, you’re already on the path…
Canada’s housing market has taken investors on a ride over the past few years. After a brutal slowdown in 2023 and early 2024, things seemed to be turning a corner in late 2024—sales were surging, interest rates were finally coming down, and confidence was returning. But just when it looked like the rebound was here…
The Common-Law Homeownership Landscape in Canada For many Canadians, homeownership is a significant milestone, and for common-law partners, it comes with unique financial and legal considerations. Unlike married couples, common-law partners may not have automatic rights to shared property in the event of a breakup, making proactive planning essential. Legal Recognition Varies by Province One…
In today’s Canadian housing market, the dream of homeownership remains alive—but for a growing number of first-time buyers, that dream is only possible with a family safety net. According to the 2025 CMHC Mortgage Consumer Survey, more Canadians are entering the market for the first time, but they’re not doing it alone. From gifted down payments…
Want to Build Real Wealth? Stop Guessing and Follow This Blueprint Most investors try to build wealth without a real plan. They chase hot stocks, jump in and out of markets, and hope for the best. That’s how you stay broke. The wealthiest investors don’t guess—they follow a system. This guide breaks down the five essential financial…
BRRRR isn’t driven by emotion—it’s powered by math. From acquisition to refinance, your success hinges on a few essential formulas. Mastering these numbers helps you evaluate deals confidently, avoid overpaying, and stay on track to hit your returns. Let’s break down the BRRRR math that separates good investors from lucky ones. 1. The 70% Rule (Buy…
The BRRRR method—Buy, Rehab, Rent, Refinance, Repeat—is one of the most powerful strategies for building a real estate portfolio without constantly injecting new capital. But it’s not foolproof. For first-time investors, a few wrong moves can derail the entire cycle—leading to missed refinance windows, disappointing returns, or deals that flat-out don’t work. Here are seven…
Westbank has submitted a rezoning application for the Esso Station at the Southwest corner of Oak Street and West King Edward Street in Vancouver. The 11,328 SF site at 1010 West King Edward is currently zoned C-2, which allows up to 6-storeys for rental, or 4-storeys for condo. The Cambie Corridor Plan allows up to 6-storeys for condo and 3.0 FSR. The proposal is to allow for a 14-storey condo building that includes: 85 condo units; 34 one-bedrooms, 36 two-bedrooms & 15 three-bedrooms; 800 SF of retail space on the ground floor; a total density of 8.0 FSR; A building height of 143 ft. 106 underground parking stalls. This application is being considered under the Cambie Corridor Plan. The architect for the project is Olson Kundig, who also designed Wesgroup’s condo project “W16” at West 16th and Cambie Street. The full rezoning application can be viewed here: https://www.shapeyourcity.ca/1010-w-king-edward
The District of West Vancouver has given first reading to a final draft of the Ambleside Centre Local Area Plan (LAP). The Ambleside LAP has been in the works since early 2022, and has gone through multiple rounds of public engagement and refinement by planning staff. The affected area is generally along Marine Drive from 13th to 18th Streets. Here are the recommended land use policies: Zoning updates to allow 3-4 storeys on most lots in the LAP, including on small lots Five sites designated ‘Waterfront’ along Bellevue West of 15th allowing taller forms through rezoning Four sites along parts of Clyde and Duchess allowing taller forms through rezoning The LAP will go for public hearing in June and if approved, would form part of the OCP shortly thereafter. A presentation on the Ambleside LAP can be viewed here: https://westvancouver.ca/media/6103
The latest Broadway Plan rezoning application is for an 18-storey tower at 360 East 14th Avenue in the Mount Pleasant area of East Vancouver. The site is located just West of Mount Saint Joseph Hospital. The plan for the site includes: 137 units with 20% of the floor area for below-market rental units; a total density of 6.50 FSR; A building height of 186 ft. This application is being considered under the Broadway Plan . The architect for the project is Stuart Howard. The full application can be viewed here: https://www.shapeyourcity.ca/360-e-14-ave Comments are closed.