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All told, with combined phases, there will eventually be 73 townhomes, a heritage village and a commercial hub.

Mexico, the U.S. and Costa Rica top the list of most popular places for Canadians to buy a second home. Meanwhile, El Salvador and Grenada have received a notable rise in interest.

The price tag is actually surprising

With prices from far less than a city condo, buyers can find waterfront property by lakes or the ocean shore

Some markets cooled after the boom during the COVID-19 pandemic, but overall, prices have remained elevated since the start of the year.

In Vancouver, fees and charges accounts for 20 per cent of the price of a new condo apartment, new federal study says

Council votes 6-1 in favour of granting Matthews West a development permit.

Vancouver, Toronto and Victoria are the cities likely to suffer the most, according to the bank.

The program, which applies to both resale and new homes, will be the first in Canada.

The Canada Revenue Agency has found hundreds of millions of dollars in unreported income tax via СÀ¶ÊÓƵ real estate audits — over $1.1 billion in assessments since 2015.