Key Facts: • The new cooling off period will be effective January 1, 2023. • Buyers will have 3 days to back out of a residential purchase after signing a contract. • Buyers who back out of a contract within this 3-day period will have to pay a rescission (cancellation) fee of 0.25%. For example, if the purchaser exercises the right of rescission on a $1-Million home, they would be required ...

The Depreciation Report: A depreciation report provides important insights for buyers looking to buy into a strata corporation. It not only speaks about the current condition of the physical components (as long as the report is recent), but also the financial state of the strata corporation. Some of the most important information in a depreciation report can be found in the following two sec ...

Home for Sale!  Once upon a time in the early 1960’s, a young couple from the prairies decided to head West to embark on a new life. Finding the perfect piece of land in a sleepy hollow, mostly accessible by boat on the weekends, they moved into their modest home. Over a six-decade period, the family unit has grown to include kids and grandkids.  They have lived, loved, and laughed one magic ...

Home for Sale!  A fabulous floor plan that has been so well used and extensively renovated, you honestly believe the space is endless. The large opening windows allow the ocean breeze to pass over you and your guests as you eat super overlooking the Ambleside Pier and further to the ocean and Stanley Park (the views are stunning). Two bedrooms, two bathrooms, a formal dining room and a kitch ...

Home listings up, sales down and prices starting to decrease to start
the summer season!