To claim your exemption, you must register your property by March 31, 2019.
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Topic: Property Management
Taxes, utilities to push Victoria rents to 3.7% higher in 2017
British Columbia’s maximum residential rental rate increase will jump to 3.7% next year, a 28% surge over 2016’s 2.9% limit. The rate is set each fall by the province and is tied to the Consumer Price Index plus a 2% base allotment. Between 2014 and 2016 increases were capped below 3% while 2004, 2006, 2007 and 2012 saw rates at or above 4%.
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Vacancy Rates in Victoria
Late last month, the Times Colonist reported that there’s “little relief in sight for renters” in Victoria. Vacancy rates in Victoria for renters have been very low, sitting at just 0.6% according to the Canadian Mortgage and Housing Corporation (CMHC). Our internal statistics at Duttons confirm these statistics. We manage more than 550 condos, houses, townhomes and our internal vacancy rate has been near 0% the last 12 months.
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Interview with Brian Ogilvie, Director of Operations
In a detail-oriented business, Brian’s skills are critical to ensure our property owner’s interests are well looked after. We chatted with Brian and wanted to share more about him, as well as how he helps makes Duttons the best Property Management company in Victoria.
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Condensation – what you need to know
You’ve probably noticed water on your windows or maybe even black staining on your drywall. Do you know what causes this? It’s condensation, moisture from interior air in your home.
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Preparing for the Season
With the time change behind us and fallen leaves strewn about, it’s time to think about protecting your home before the winter months.
We’ve rounded up some quick and easy weekend tasks to get done around the house in the next few weeks.
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Winterizing Your Home: Don’t Wait for the Snow!
Our first snowfall has come and gone with a little reminder from Mother Nature it’s ‘that’ time of year. If you haven’t already winterized your home, now is definitely the time. Take advantage of our local winter weather reprieve and take care of these five items. 1. Plumbing If the weather gets cold enough to freeze
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WE’RE MOVING, BUT NOT FAR
We’re excited to reveal Duttons’ latest property management move – the shifting and relocating of our very own Property Management division. We are moving into one building, and you will now find our property management division located above our landmark Sales office on the corner of Fairfield Road and Moss Street. But, this is not
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TENANT INSURANCE: REST ASSURED?
As the number one property management firm in Victoria, we at Duttons have many properties to oversee. Managing properties is assuming the responsibility of a landlord: ensuring everything is in good working order for the tenants, including dealing with scenarios that affect the property beyond the suites themselves. Here we share such a story, its
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Strata Insurance News
Strata insurance premiums began to rise at the beginning of 2013 on Vancouver Island. Prior to this Victoria had enjoyed relatively low strata insurance rates when compared to other neighboring markets like Vancouver and Seattle. We’re no longer flying under the radar. Strata building insurance holders can expect increases ranging from 15% to 50%. This
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