Innovative Tax on Vacant Homes comes to Vancouver

By: Case Feenstra Team

Innovative Tax on Vacant Homes comes to Vancouver

Tags: Tax, Vacancy, Vancouver, Housing, Real Estate, GTA

Empty houses aren’t good, especially when there is a shortage of housing and affordable rental options. Vancouver has imposed a tax on vacant homes which will penalize homeowners that buy homes only for investment.   Could this tax be effective? How will the government be sure if houses are vacant or not? If anything, the new vacancy tax signals that homes are more than just an investme...Read More

Saw Whet Green space losing to Development?

By: Case Feenstra Team

Saw Whet Green space losing to Development?

Tags: Saw Whet, OMB, Development, Greenspace, Oakville

Livability is something the Town of Oakville strives for. In fact, the Town has a goal to be the most livable community in Canada. To some, this goal stands in stark contrast to recent development plans and approvals in the Saw Whet Lands.   Zoning to enforce the preservation natural space is part official plan of Oakville. Unfortunate to some, the Town and Halton Region have markedly reduced...Read More

2016 Oakville Santa Claus Parade

By: Case Feenstra Team

2016 Oakville Santa Claus Parade

Tags: Oakville, Parade, Lakeshore, Local, Christmas

This weekend, November 19th at 9:30 am, is the Oakville Santa Claus Parade - rain or shine. The forecast is calling for shine. 16 degrees of shine. It’s a Christmas celebration and you might not even need a coat.   The parade runs from along Lakeshore from Reynolds to Kerr, and then up Kerr Street to Steward Street. Click here to check out the map.     Don’t drive to the...Read More

How the Government is Helping First Time Buyers

By: Case Feenstra Team

How the Government is Helping First Time Buyers

Tags: Real Estate, Equity, GTA, Ontario, Land transfer tax

Because first time buyers need all the help they can get to enter real estate market these days. First time buyers don’t have much equity, might not have high credit ratings, and probably have to manage university debt as well. How are they expected to buy even a small condo? Finding a shoebox condo for less than $300 grand is a catch in this market.   An average home in the GTA is now ...Read More

Official Application for Developing Glen Abbey Golf Course

By: Case Feenstra Team

Official Application for Developing Glen Abbey Golf Course

Tags: Oakville, Clublink, Glen Abbey, Green space, Public parks

Its official. Clublink submitted the application to develop one of Oakville’s premier golf courses. It’s not all bad news, half of the privately owned site will be dedicated to public parks and green space. Is it a compromise local residents would be willing to make?   124 acres of green space that was previously a private golf course could be accessible to the public. Not bad. Th...Read More

How President Donald Trump will affect Canadian Real Estate

By: Case Feenstra Team

How President Donald Trump will affect Canadian Real Estate

Tags: Interest Rates, Mortgage, Foreign Buyer, Economic Growth

Trump will probably have an effect on a lot of things. Many Americans have expressed an interest to move to Canada as a result of the election. How will that affect Canadian real estate? Will Trump’s policies affect interest rates?   If Americans are serious about moving to Canada, it will increase the demand for an already limited supply of housing. What does that mean? More bidding wa...Read More

Domestic Investors, not Foreign Buyers, cause Price Spikes

By: Case Feenstra Team

Domestic Investors, not Foreign Buyers, cause Price Spikes

Tags: GTA, investors, Foreign buyers, Real Estate, Bidding war

The GTA attracts about 80,000 immigrants every year. So it is easy to blame foreign buyers on gobbling up the supply of housing thereby increasing prices. But, the numbers don’t necessarily reflect this idea. Domestic investors are actually much more of an issue for real estate price spikes.   Investors are buying real estate to grow their portfolio, not their family. People who need a ...Read More

50th Anniversary: Cavalcade of Lights 2016

By: Case Feenstra Team

50th Anniversary: Cavalcade of Lights 2016

Tags: Event, Toronto, Concert, Fireworks, Christmas

With daylight savings time now in effect, we need artificial light to brighten the gloominess of the long winter nights. The 50th anniversary of Toronto’s Cavalcade of Lights will do just that. The event is on November 26th at 7pm.   50 years running – now that’s an indicator of a good event. Cavalcade of Lights is a free event that attracts thousands of people to the heart ...Read More

What is a fair trade town? And should Oakville be one?

By: Case Feenstra Team

What is a fair trade town? And should Oakville be one?

Tags: Oakville, Fair Trade, Sale, Price, Maple Grove

Fair trade may seem like a trend that is only applicable to people who have the time and money to think about the life cycle of the products they purchase, and the money to afford something that is not produced by cheap foreign labour. The affordability of fair trade products is definitely a legitimate criticism. But Oakville could join a growing list of Fair Trade Towns. It sends a signal. &...Read More

5 New Schools for Halton Region

By: Case Feenstra Team

5 New Schools for Halton Region

Tags: Schools, Education, Halton, Milton, Investment

All of em in Milton. Milton has been one of the fastest growing municipalities in Canada for a few years. Its no wonder that more schools are being built. Ontario describes the schools as “high quality” and “modern”. Because what else would they be?   The five schools in Halton are a $77 million investment and include the following: A new elementary school for 776 s...Read More