Property Tax Reminders: July 2022

Posted on Jun 30, 2022 in Resources

It's that time of year again in Greater Vancouver & Fraser Valley areas -

July 2, 2022: Surrey

July 4, 2022: Richmond, Coquitlam, Port Coquitlam, Langley, Maple Ridge, Chilliwack, New Westminster, Abbotsford, North Vancouver, West Vancouver, Squamish

July 5, 2022: Vancouver, Burnaby

Once you pay property tax, you may apply to recei...

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Real Estate Explained - $1.5 Million junk house

Posted on May 31, 2022 in Resources

Some of you sent me this exact article asking me how on earth did this East Vancouver a piece of junk house on a busy corridor, even sell for $1.5 million recently? 

Well, the value is in the land. 

This house sits on a 33 X 125 foot lot on a busy corridor and it has RS-1 zoning and in that particular area, it allows for duplexes laneway home or secon...

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Property & Neighbourhood Tour for 102 - 5383 Cambie St

Posted on May 13, 2022 in Resources

Mini Cambie neighbourhood tour ? What’s your favorite neighbourhood gem? ?

Check out 102 - 5383 Cambie St, Vancouver, BC. Live now!

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3 Housing Tax Credits You Should Know About!

Posted on Apr 25, 2022 in Resources

The 2022 Federal Budget introduced changes to 3 housing-related tax credits that you should know about. 

#1: The Multigenerational Home Renovation Tax Credit. This would provide up to $7,500 in support for building a secondary suite for a senior or an adult with a disability, starting in 2023.

#2: A proposal to double the First-Time Home Buyers’ Tax C...

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Tax-free First Home Savings Account (FHSA): The best thing to come out of Canada's 2022 Federal Budget

Posted on Apr 17, 2022 in Resources

One of the best things to come out of Canada's 2022 federal budget announcement is the creation of the tax-free first home savings account (FHSA).

This program will start up in 2023 and its goal is to help future homeowners buy their first home.

In the FHSA, you can save up to $40,000 with a maximum contribution of $8,000/year. Similar to the RRSP, y...

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Another Interest Rate Hike - Should you lock in?

Posted on Apr 14, 2022 in Resources

The Bank of Canada hiked interest rates today by 0.50%, this is the biggest hike in over 2 decades (usually it's always been in increments of 0.25%). Many clients are in panic mode. Past clients are asking if they should lock in their variable to a fixed, and new clients are asking if they should take a fixed rather than a variable though rates are...

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