Richmond’s hotspot, No.3 Road and Westminster Highway, is about to get even hotter with the addition of the Mandarin Residences (The Wall Group of Companies with The Fairborne Group). Location, location, location! The Mandarin Residences is across the street from Richmond Centre where you find large retailers such as The Bay, Sport Chek, Old Navy, [...]

Over the last weekend we participated in the Starlight Children’s Foundation Walk/Run for Smiles, helping to raise money to help seriously ill children and their families. It was a fantastic event and lots of money was raised through sponsorship and donations. As we finished the 10km run, we got chatting with some of the other [...]

Five per cent down for second home: How? Q: My friend just bought a rental property and she said she bought it with only five per cent down. I thought that CMHC changed its guidelines earlier this year so that you need a 20-per-cent down payment minimum. How is this possible? A: A fine distinction: [...]

“It’s a rare opportunity for any architect to plan a whole community from scratch,” says Jim Cheng on a tour of the East Fraserlands development he master-planned. And it’s a rare thing in Vancouver to have so much undeveloped waterfront land to work with. But Mr. Cheng, who is also in charge of planning the [...]

If you are choosing to finance your purchase with a less than 20% downpayment the lender is required to insure the loan. Usually they will pass this cost onto you. It is typical for this cost to be amortized into the loan, so the cost is NOT paid upfront. The most widely used insurer is [...]