What is a Strata Duplex – And Why Are They So Great?

I’ve always been a fan of strata duplexes – and I’ve never understood why some people shy away from them. Often, I find the same people who would not buy a duplex would quite readily buy a townhouse, which seems counter-intuitive to me. A strata duplex is a duplex which is registered under the StrataContinue reading “What is a Strata Duplex – And Why Are They So Great?”

New Canadian Mortgage Qualification Rules Announced Today

Following a couple months of speculation, Finance Minister Jim Flaherty brought in some new regulations designed to tighten up lending practices and cool off the housing market in Canada. The government didn’t go so far as to reduce maximum amortization from 35 to 30 years, or increase minimum down payment requirements higher than 5%, butContinue reading “New Canadian Mortgage Qualification Rules Announced Today”

Strata Mondays #3 – Maintenance Responsibilities

In my continuing series about strata property, Strata Mondays, I answer a different question about condos, townhouses and other strata property in Victoria, Sooke, and British Columbia. Make sure you subscribe via RSS or E-mail to get each new post. Q. Who is responsible for the exterior maintenance of a strata complex (including washing windows)?Continue reading “Strata Mondays #3 – Maintenance Responsibilities”