RSS

News: Top western towns for real estate investors 2021-22

Western Investor’s annual forecast of top investor towns looks at five centres that are riding out the pandemic and look solid for investors into 2022.

No. 1: Victoria -- The play: industrial strata

No. 2 Kelowna -- The play: land, multi-family strata

No. 3: Surrey -- Plays: industrial, residential, retail

No. 4: Penticton -- Play: recreational real estate, multi-family

No. 5: Winnipeg -- Play: industrial strata

Read

SOLD - Restaurant business, White Rock BC, $228,000

BEAUTIFUL LICENSED 50 SEAT JAPANESE RESTAURANT IN SOUTH SURREY'S HIGH STREET DISTRICT WITH OVER 1,422 SQ FT OF SPACE AND GOOD SIZE KITCHEN AND 2 HOODS!

THIS LOCATION WITH IT'S HIGH CELLINGS AND UPSCALE DECOR CAN ACCOMMDATE ANY TYPE OF CATERING AND TAKE-OUT EXCEPT SUSHI & CHINESE (NOT ALLOWED) RENT IS APPROXIMATELY $6,088.12/MO WITH THE LEASE GOOD UNTIL JUNE 30,2022 + RENEWAL OPTION.

STRATEGICALLY LOCATED IN HIGH STREET DISTRICT OF SOUTH SURREY WITH PLENTY OF SHOPS COMING TO THE AREA! PLENT OF PARKING! GREAT OPPORTUNITY!

Read

NEWS - Vancouver’s commercial real estate action tilts east

On the eastern edge of downtown Vancouver, the redevelopment of the former Canada Post site on Georgia Street signals what is being seen as an eastward migration of Vancouver’s commercial real estate.

The Post, by QuadReal Property Group, which completes in 2022 incorporating the old post office into a mammoth mix-use of retail, residential and office towers, has seen U.S. tech giant Amazon take all 1.07 million square feet of office space.

This is more pre-leasing than in the 15 other downtown office towers underway, combined.

East of downtown, the first of nearly a dozen new proposed office projects is complete in Railtown. Across the viaduct into East Vancouver, Strathcona is seeing a development boom, Mount Pleasant is welcoming an explosion in new construction near the new SkyTrain Broadway extension and, in the 450-acre False Creek Flats, developers are staking office sites as the largest medical project in Canada begins construction.

Read the report in the link below:

Vancouver’s commercial real estate action tilts east


Read

For Sale: Liquor store, Southern Alberta, $99,000

Size: 1,498 sq.ft.

Base Rent: $3260/month

Inventories: $80,000


Easy to run, great opportunity for an individual or a family to manage, grow, and expand your own business! Liquor store business since 2017, selling due to family relocation. Prime location, Downtown with many residential houses and commercial buildings nearby.


1498 sq.ft and lots of display isles, and more area for the new owner to add extra isles. Gross rent is $3422.70/month plus utilities. Lots of parking.


Confidentiality Agreement & Buyer Brokerage Contract must be signed before disclosure of further details.

Read

NEWS - Restaurants call for security backing on vaccine passports

After angry protests over the province’s impending new vaccine passport, the B.C. Restaurant and Foodservices Association is calling on the province to offset costs of added security at bars and restaurants before the program comes into effect on September 13.

Association chief executive Ian Tostenson said Thursday the industry feels it should be compensated for the expected pushback and increased cost.

 “We are doing this, and we are doing it for the benefit of B.C. to motivate people to get vaccinated,” he said. “It seems reasonable to free up some resources to help us do that.”

From September 13, British ­Columbians 12 years and older will need to provide proof of at least one dose of vaccine to enter non-essential businesses and events, including sports competitions, nightclubs, restaurants and movies.

Beginning October 24, only fully vaccinated people will be permitted entry.

Given the protests this week near hospitals and already high tensions over mask rules in ­restaurants, the industry is ­worried the vaccine passport program will result in tense standoffs at the door.


Restaurants call for security backing on vaccine passports

Read

For Sale: Pizza restaurant, Calgary AB $249,000

For Sale:                            Pizzarestaurant(Take out ONLY)

Address:                            SW, Calgary

Price:                                  $249,000

Sales                                   $430,000-2020, $537,000-2021

Size:                                    799sq.ft.

Lease Term:                        2 yrs left, 5 yrs renewal option

Gross Rent:                         $3,124/monthincludinggas&electricity

Hours:                                   Mon.– Sun.11am– 9pm


Sales increases year after year. GOOD reviews. Serving SW includingotherCalgary areas due to some special popular menu offered including vegan, dairy free, allergen free. Staff can work on Catering business when orders are not busy during the day. Don’t miss this and hurry before owner changes mind.

Read

NEWS - B.C. hotels see light at the end of dark COVID-19 tunnel

Amendments to BC’s Environmental Management Act (EMA) and Contaminated Sites Regulation (CSR) came into force earlier this year and include new requirements for owners and operators of property used for industrial and commercial purposes.

The rules include changes to the process for identifying contaminated sites in BC.

Owners and operators of property used for commercial or industrial use detailed in Schedule 2 (revised) of the Regulation now have additional reporting requirements under the EMA.

B.C. hotels see light at the end of dark COVID-19 tunnel

Read

SOLD - Japanese Restaurant, Calgary AB, $168,000
Opportunity to own a 28-seat, full liquor licence, 900 sf established Japanese restaurant. Located in affluent area across Crowchild from Marda Loop, high density residential area near by with many new infills, ample parking. Excellent negotiated lease with low op cost. Established business, low competition. Everything is set up, waiting for you to take over.
Read

SOLD - Langdon AB, Daycare, $140,000
Excellent opportunity to own a well estatablished childcare business in East Rocky View. Preschool/Before & After School programs offered by this childcare facility has a capacity of 30 students per class with potential of 150 students per school year. Excellent location with close proimity to 2 Elementary schools. 1680 sq.ft., monthly rent is $2,856 plus $805 op costs. Location is not disclosed, all viewings by appointment only.
Read
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.