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Posts Tagged ‘rental’

20

Saskatoon new and resale house prices to slide in 2009, rebound in 2010: CMHC

The Canada Mortgage and Housing Corporation (CMHC) released their Spring Housing Market Outlook for the Saskatoon CMA today. Here’s the gist of it.
After the strongest two-year performance since the late 1970’s, Saskatoon single-detached housing starts will decline to 600 units in 2009 and bounce back to 725 units in 2010. The 2009 singles forecast represents [...]

22

One third of homes for sale in Saskatoon are vacant, fewer than half owner occupied

Earlier today, I was speaking with one of my colleagues, Bruce Claggett, who raised the question, “I wonder how many of the homes for sale in Saskatoon are vacant?” Our new MLS system didn’t provide a method of searching by occupancy, so I dropped SRAR an email and suggested that this would be a valuable [...]

0

Obligations and rights of tenants and landlords when ending a tenancy in Saskatchewan

You may have read the Star Phoenix story in yesterday’s paper regarding two tenants of the Barry Hotel who successfully appealed their eviction notices allowing them to continue to reside there until May 31. It’s important for tenants and landlords to understand their rights and their obligations when it comes to the termination of a [...]

44

Rental construction initiative on Saskatoon City Council agenda

Saskatoon city council will consider recommendations being brought forward by its Administration for a “New Rental Construction Land-Cost Rebate Program” at the next council meeting on Monday April 7, 2008.

This forwarded to me by a reader from the “Council Agenda in Brief.” (no longer available)

“City Council will receive a report from Administration recommending [...]

47

How rent controls in Saskatchewan can do more harm than good

There’s a bit of a debate occurring on another post about whether or not Saskatchewan needs to implement rent control legislation.

Few would disagree that this market is extremely tough for renters and it would be difficult to make a case that Saskatoon renters don’t need some help right now. Is rent control the right [...]

111

Saskatoon Milroy Apartments tenants offered first crack at converted units

Tenants of the Saskatoon Milroy Apartments received offers to purchase their units from the developer yesterday. Two of them kindly dropped me a note and I thought you might be interested in the details.

A tenant living on the 12th floor writes, “We got a package in the mail last night with the price and [...]

22

Saskatoon Milroy Apartment tenants lose court challenge to halt condo Conversion

Tenants of Saskatoon’s Milroy Apartments learned Thursday of their lost court challenge aimed at stopping the condo conversion project at their building, which was approved by Saskatoon city council on January 14, 2008.

“The decision was that the court is not interfering with city council’s decision. The application to set aside the decision approving [...]

23

Saskatoon Milroy tenants have their day in court

Tenants of Saskatoon’s Milroy Apartments asked Justice Mona Dovell to overturn the City of Saskatoon’s decision to approve an application to convert the apartments to condos on Tuesday.
Andrew Mason, the lawyer representing the group of tenants who are opposing the decision argued that city council either misinterpreted the provincial legislation that governs condominium conversions, or [...]

30

Saskatoon condo conversion debate about to get hotter

You’ve got to know that Saskatoon community services manager, Paul Gauthier is having some long days at work. He’s one of the civic officials responsible for processing condominium conversion applications. That can’t be a real funfest right now. In fact, approving condo conversion applications has become so controversial that Gauthier has simply had enough, and [...]

14

A different twist in the Saskatoon condo conversion saga

In spite of the fact that approval has been obtained and the Kelsey Apartments have been separately titled, the building’s owner, Victory Majors Investment Co. has decided to abandon its plans to sell the units off. Kay Nasser, founder of the company has announced that they will hold onto all 77 units and rent them [...]

27

Saskatoon has one of the most generous condo conversion policies

It seems that Saskatoon has one of the most generous condo conversion policies, if you’re a landlord that is.

Saskatoon city administrators are working hard to bring about a policy change in the city of Saskatoon. They’ve recommended a number of changes that they say would protect tenants from being displaced at times when vacancy [...]

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