91原创

Toronto鈥檚 Starlight Investments has made another major investment plunge into the capital region鈥檚 property market by buying a portfolio of eight rental apartment buildings with more than 500 units in all.

House prices in Greater Victoria continue to rise, with the benchmark value for a single-family home hitting $1 million for the first time in May .

If all goes smoothly, shovels could be in the ground next spring to begin the four-year, $230-million redevelopment of University Heights shopping centre, says the developer.

The group planning a new commercial development off West Coast Road in Sooke says the time is right to add a major retail and office centre in the growing community.

For the first time, the monthly benchmark value for a single-family house in the core area of Victoria has topped $1 million. The benchmark price for a single-family house in the core reached $1.036 million last month, up from $885,900 in May 2020.

A Tofino townhouse facing Chesterman Beach has sold for $1 million above its asking price as real estate markets continue to sizzle on 91原创 Island. Originally priced at $1.4 million, the strata unit went for close to $2.

A farm on De Courcy Island that was once home to a bizarre cult and possibly still hides a buried treasure is back on the market.

A spring housing outlook from Canada Mortgage and Housing Corporation suggests Greater Victoria鈥檚 housing market is in for more of the same, with the hot market unlikely to see cooling until 2023.

A proposed condo development in Cook Street Village that was rejected by Victoria council last year is again moving forward to a public hearing.

Residents will soon get a chance to weigh in on a proposal to develop the Northern Junk (also known as Gold Rush) warehouses near the Johnson Street Bridge.