Construction underway on $20-million Lower Sackville building
Posted on 14. Jan, 2013 by Richard.
Halifax developer Sol Ghosn broke ground this week on a $20-million high-end apartment complex on Sackville Drive. “The population of Lower Sackville has grown faster than the availability of upscale rental units and there is a demand for something in the higher end,” Ghosn, owner of Whimsical Lake Developments, said in an interview. Whimsical Lake [...]
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7 Reasons to Plunge Into the Property Game
Posted on 09. Dec, 2012 by Jane.
If talk about a housing correction are keeping you out of the property investment game, here are seven top reasons to overcome those fears. As real estate veteran Paul Kondakos, president of RealtyHub.ca, points out your time to buy an income-producing property may be now. 1. Mortage Rates – Canadian bond yields continue to sit [...]
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Nova Centre would bring thousands to downtown Halifax daily
Posted on 09. Dec, 2012 by Richard.
A little economic activity goes a long way in downtown Halifax. I know this because when The Chronicle Herald moved out of the downtown a few years ago, in short order business people were telling me their store or restaurant was suffering from the loss of about 300 newspaper employees who had transacted business there. [...]
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Halifax landlord fined $93,500 for having extra apartments
Posted on 05. Dec, 2012 by Richard.
December 4, 2012 Steve Bruce, Chronicle Herald A Halifax landlord has been hit with a record fine for violating the municipality’s land-use bylaws. Hanstholm Realty Inc. was fined $93,500 on Tuesday in Halifax provincial court for having more apartments in its building at 92 Parkland Dr. than it was permitted. “I believe this is the [...]
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RBC Economics Research – Housing Affordability report – Latest edition
Posted on 22. Nov, 2012 by Richard.
Here’s the latest edition of the Housing Affordability Report. In a nutshell, it continues to look strong in the Atlantic market with good levels of affordability for buyers! The momentum is definitely building here and this is why it is so very important to keep up to date with the local statistics and not rely [...]
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Are You a Landlord? The NS Residential Tenancies Act has Changed.
Posted on 16. Nov, 2012 by Jane.
Hey everyone, especially those of you have rental properties and are Landlords in Nova Scotia! The NS Residential Tenancies Act has changed with effect from 15th November 2012. Here’s an overview of the changes taken directly from the government website www.gov.ns.ca/snsmr/pdf/ans-rta-landlord-brochure.pdf. Some of the changes may affect you so check it out! Information for Landlords [...]
