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Building Info
Frame at 8161 202nd Street, Langley Township, BC V2Y 2A9, Canada. Crossroads are 202nd Street and 82nd Avenue located in Langley Township. The development is scheduled for completion in 2020. Frame has a total of 46 units and 3 level wood frame townhouses. Transitional architecture that encompases the best of both traditional and modern design. Sizes range from 1302 to 1525 square feet. Frame is a new townhouse developed by Hayer Builders Group. 5 minutes travel to Carvolth Transit Exchange, 8 minutes to Willowbrook Mall. Featuring two designer colour schemes: White and Grey, high ceilings at 9' Air Conditioning, Chevron patterned laminate in main living areas and plush carpet in bedrooms, On-Demand tankless hot water system Sleek soft close cabinets and quartz countertops, Large kitchen islands, Stainless steel, Samsung appliance package, Gas stoves + Gas BBQ outlet on deck, Full height pantry storage (most homes), Whirlpool washer and dryer 50 or 60 Electric Fireplace with Marble Wallpaper wrap, Powder rooms on main floor, Hotel inspired ensuites with designer vanity with double undermount sinks and wall to floor porcelain tile, Rough in for alarm system and central vac.
Foreign landlord fails to pay taxes, CRA goes after tenant
It was a Tax Court of Canada case last year that went mostly under the radar by all except for the legal community who were taken aback by its implications for renters.
A Montreal tenant was audited and ordered to pay the tax he had failed to withhold on the monthly rent to his non-resident landlord, as required by law. As a result, he was ordered to pay six years’ worth of tax as well as the compounded interest and penalties. The Canada Revenue Agency (CRA) could not collect against his overseas landlord, so the Canadian tenant was on the hook.
Royal LePage expands footprint with Lower Mainland acquisitions
The importance of technology to residential property sales – and in turn the investors participating in the market – is once again in the spotlight with Royal LePage’s latest brokerage acquisition in Metro Vancouver.
Royal LePage Elite West, based in Port Coquitlam with offices in Maple Ridge and Abbotsford, announced April 2 that it had shed the Keller Williams banner, becoming the largest-ever Keller Williams conversion Royal LePage has seen as brokerages reassess their affiliation in the wake of turmoil in the U.S.
“They’re happy to be joining a Canadian company,” Phil Soper, president and CEO of Royal LePage, explained toWestern Investorlast week as he returned from events in Vancouver marking the transfer, which adds 175 agents for an initial 10-year term under the Royal LePage banner.
B.C. may need 700K more housing units by 2030, says economist
The province will have to build somewhere in the range of 500,000 to 700,000 housing units by 2030 to restore 2003 and 2004 levels of affordability, according to Braden Batch, lead economist for B.C. at the Canada Mortgage and Housing Corp.
Speaking at a panel discussion Wednesday at the Union of BC Municipalities housing summit in Vancouver, he said that this range already accounts for housing that the province is on track to build. Batch said it is also based on low, medium and high population projections, meaning that numbers may differ based on which projection becomes reality.
The Christ Church Cathedral precinct on the edge of downtown Victoria could be significantly transformed if Concert Properties gets rezoning approval for a two-tower housing project that would bring 370 new homes to what once was a YMCA-YWCA facility.
The Vancouver developer has made an application to rezone 851 Broughton St. to allow for a mixed-use project that will include 26- and 11-storey towers housing 220 condominiums and 150 rental units, respectively.
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