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Abbotsford Investors Return

Blog by Kevin Brown | March 10th, 2015

This HUGE NEWS will have a positive effect for my investors, yet may have a very negative effect for some of my homeowners.  In the dust of an election storm, there has settled some key changes to the bylaws of this fast growing city, including the allowance for a owner to rent both the secondary suite as well as the main dwelling of their home.  Up until now, many neighbors could have the municipal authority shut down this “all rent” operation which had investors looking past Abbotsford as a place to settle their cash on these detached homes with two dwellings.  Good news?  You decide!  This will definitely have a strong impact in some neighborhoods, and someone’s gain will for sure be another’s loss.  Want to talk about it?  Leave a comment, or call me anytime!