Foreign Homebuyers’ Ban Canada – What is it? (Update: March 27, 2023 Amendments) The federal government of Canada recently released full details of the Prohibition on Purchase of Residential Property by Non-Canadians Act also referred to as the Foreign Buyers’ Ban. When first announced there was confusion as to who it applied to, what areas…
BILL 44 – How does this legislation affect strata properties in BC? On November 24, 2022, an Amendment was made to the Strata Property Act which in short summary: Removed rental restrictions (No rental restriction bylaws allowed) Removed certain Age Restrictions Age restriction bylaws only allowed for 55+ strata No other age restriction bylaws allowed…
A new condominium, Copper Beech, is breaking ground at the corner of Ethel Street and Saucier Avenue next month. This premium boutique condominium is designed for homeowners who enjoy a living environment that has better privacy and discerning neighbours. Developers of LiWell Properties say there are many people who would prefer not to live in…
JP Letnick has seen just how difficult the home-buying experience can be for Canadians who don’t speak English fluently. His Letnick Estates Group acted as real-estate agents for a mother and son, recently, whose first language was Mandarin. While the son could speak English well enough, his mother could not and neither of them felt comfortable with…
Migration to Kelowna continues to increase the population growth here in the Okanagan. Kelowna Now has posted an article regarding this topic featuring the Letnick Estates Group. View Article Click Here Nestled in the heart of the Okanagan, Kelowna is known for its stunning lake and mountain views, four seasons of enjoyable weather and diverse…