Real Estate News Headlines // May 13th 2015

Jethro Seymour, one of the Top Toronto Real Estate Brokers, provides you with Canadian real estate news headlines.

Calgary Herald

Kiefer MacKenzie lives downtown and gets around using bikes, Calgary Transit or car-sharing services. He loves the urban lifestyle, but he says Calgary’s public transportation system limits where he can go and when, and most business in the downtown core close when commuters go home.
That’s why MacKenzie is excited about a proposal in Calgary’s rapidly growing East Village for a parking-free condo development, which is going to city council for final approval on Monday. The car-free condo may have raised eyebrows in an automobile-loving city when originally proposed, but it appeals to MacKenzie, a 25-year-old senior sustainability consultant, and an increasing number of millennials like him who are embracing a lifestyle with minimal driving.

The Province

An executive-style mansion in Richmond has everything an owner could desire — cathedral ceilings, five bedrooms and a three-car garage.
The property faces south, far from the flight path of noisy airplanes, and the name of the street, Cathay, means China, holding special meaning for foreign buyers.
The problem is, say neighbours Brian and Linda Cooper, the lavish-looking space has never been occupied, the grass is unkempt and no one picks up the newspapers.
And the lack of a human presence is driving the Coopers slightly bananas.
“No one will talk to us and no one will tell us who the owners are,” said Brian Cooper, 62, who has lived in the 5500-block Cathay Road for 37 years.

Jethro Seymour, Toronto Real Estate Broker at Royal LePage RES Ltd., Johnston & Daniel Division
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