With the most recent market stats of the Metro Vancouver real estate market showing historical lows in sales and all-time highs in inventory levels, the market also has brought many opportunities for different types of buyers.
The first time buyers have been impulsed by government grants and low interest. Foreign investors are still motivated by a low currency exchange and investors continue to see returns on their rental investments.
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While the cap is being seen as substantially low for most buyers in Metro Vancouver, Adrienne Barnes PREC has found a select few properties under $300,000 in the tri-cities areas of Port Moody and Port Coquitlam. They would all fit the requirements of the First-Time Home Buyer Incentive and are ideal entry-level properties. And since many of them are rental friendly, they make amazing investments for your expanding portfolio.
Contact us directly for the complete list!