Two views on heritage

While many people view Canada’s heritage properties to be something that should be cherished and preserved, not everyone shares that view and there are case-by-case differences of opinion.

Real estate developer Brent Sawchyn wrote in the Huffington Post that some of Vancouver’s industrial buildings are rightly protected. Citing the Lightworks Building in Mount Pleasant, he writes that it will soon be turned into a business hub with commercial and retail space, reversing a trend of tearing down old buildings despite their importance to the city’s history.

Meanwhile in London a pair of heritage buildings are at the centre of a dispute between city and developer. The King Street commercial properties should be protected say city staff however the owner Vito Frijia of Southside Group says the buildings are a “fire trap” and wants to tear them down to build a 25-storey high rise. The city’s planning department will consider the views at a meeting Monday.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Market update:

Investment Hot Spots:
Whytewold, Gull Lake, New Denmark, Williams Lake, Atholville

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Poll

Have your investment plans changed for 2017?