Kitchener Waterloo Real Estate news, week of June 21 2010

Kitchener Waterloo Real Estate news

(originally posted by Benjamin Bach on 26. Jun, 2010 in Local Kitchener Waterloo, Real Estate Investment at

Here are some articles about Kitchener Waterloo Real Estate that were posted on our other blog this week.

An excerpt of each article is included.  Click the title to read the full blog.

Google moves offices from Waterloo to Kitchener’s Tannery

Big news for downtown Kitchener: Google is moving it’s offices from Waterloo’s Tech Town (in the U of Waterloo research and technology park) to the Tannery District in downtown Kitchener.

Google moves from Waterloo to Kitchener Tannery District

This is great for downtown Kitchener, and will prove to be especially profitable for our clients who own investment condo’s at the Kaufman Lofts (one block adjacent) and other downtown Kitchener Condos.

Ontario Rent Increase Guideline for 2011 is pretty low

0.7%  to be exact, the lowest it’s been since the government of Canada implemented guidelines around the amount that real estate investors could increase the rents in their investment property each year.

From The Record:

The guideline is the maximum amount a landlord can increase the rent of most sitting tenants without seeking approval of the Landlord and Tenant Board.

The 2011 guideline applies to rent increases that occur between January 1 and December 31, 2011.

The calculation is based on the Ontario Consumer Price Index.

New Kitchener Condo development splits local opinion

Fresh off our discussion of the new Condos, Hotel, and Commercial real estate coming toWaterloo –  the Barrel Yards, here is some information about a new development going in donwtown Kitchener at 30-40 Margaret Ave.


I happen to think it’s a great addition to the area!  Read the article from today’s Record, and leave a comment below!

News on the Barrel Yards Development in Waterloo, Ontario

The Record has an article in this morning’s paper about a major development underway in Waterloo, Ontario – The Barrel Yards – which will bring the Kitchener Waterloo real estate market some very high quality product over the next few years


When completed, the Barrel Yards – located at the corner of Erb Street and Father David Bauer Drive in uptown Waterloo, Ontario – will be home to a hotel, condos, rental apartments, commercial real estate (office & retail space)  and townhouses

Kitchener Waterloo Earthquake!!!

There was just an earthquake in South Western Ontario, felt in Montreal, Ottawa, Toronto, New York, and here where I am, in Kitchener Waterloo.  That is a rather large span.  No words on aftershocks yet.

REALTORS discuss HST & Real Estate in Ontario

From The Kitchener Waterloo Real Estate Board blog:

On Thursday June 17th, 2010, 16 leaders from Waterloo Region’s real estate industry, including REALTOR® members of the Kitchener-Waterloo Real Estate Board (KWREB), Cambridge Real Estate Board, staff, and a representative of the Waterloo Home Builder’s Association met with Ontario PC Leader Tim Hudak at KWREB’s offices to discuss how the HST will impact the real estate industry and to explore ways in which to help moderate its impact.

Related posts:

  1. Kitchener Waterloo Real Estate Market Update: October 2009 (11.446)
  2. Centre Block to bring $95 million development to Kitchener downtown (10.939)
  3. Commercial Real Estate news heard on Twitter (10.516)
  4. Market Update: Real Estate selling fast in Kitchener Waterloo (10.108)
  5. Why People across Canada Invest in Kitchener Waterloo Real Estate (9.571)

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