The other week, Nicole Babineau, an executive with Lawen Group, gave The Notebook a tour of the just-completed 43-unit Flynn Flats apartment building on Hollis Street. (A link to my story on that tour is embedded at the end of this article.)
For this follow-up story, I chat with Babineau on the other projects the Louie Lawen-headed rental empire is undertaking currently and considering for the future.
Now under construction off Robie Street is The George at 6016 Pepperell Street. It will consist of 172 residences, and will feer close to 10,000 square feet of commercial space. It is expected to open in mid-2021.
There are 51,000 apartments in Halifax Regional Municipality, and Canada Mortgage & Housing Corp says the overall vacancy rate decreased from 1.6 per cent to 1 per cent.
It found the average rent for an apartment increased by 3.8 per cent to $1,113 per month, in its fall study released recently.
“The Halifax CMA vacancy rate continued to trend lower, down to 1 per cent from 1.6 per cent a year ago and average rents increased, as demand outpaced new rental apartment supply yet again in 2019,” says CMHC senior analyst Chris Janes.
The average two- bedroom rent was $1,202 up 3.7 per cent.
Zone 1: Halifax Peninsula South begins at Cornwallis Street, then along Cunard to Robie Street. From Robie the boundary runs south to Quinpool Road, along Quinpool to Connaught Avenue, and then north on Connaught to Chebucto Road to the North West Arm.
Rental Vacancy: 0.4 per cent
One-bedroom: $1,203
Total number of rentals: 9,665
I did a news teaser of this story earlier in the week, and just now found the to write about my chat with award-winning Halifax realtor David Dunn.
He heads up the four memeber David Dunn Team, which holds fort at Bayers Road headquartered Royal LePage Atlantic.
Further to my coverage in the last week that Royal LePage Atlantic agent, Colleen Ryan is racking up awards – see Thursday’s news story, Dunn, too is continuing to collect hardware for his sales performance.
For the last decade, the David Dunn Team, at Royal LePage Atlantic, has occupied Number One spot.
As a member of the four agent team making up the David Dunn Team, which operates under the Ralph Stephens banner at Royal LePage Atlantic, realtor Kim Stewart is an agent to watch.
The Dartmouth resident has has been active in selling homes in that market – a neighbourhood which has seen an uptick in purchase and sales offers, as I noted in my Saturday edition of The Notebook.
Learning on the spurs of her well known mother Carolyn Davis Stewart’s own busy real estate practice, Kim began as assistant to her mother, before launching her second generation career as a realtor over the last year-plus.
Realtor Phil Slauenwhite Chats On A Hot HFX Northend Housing Sector
Over the last two months, The Notebook has carried a series of articles on a hot as coals single family real estate scene in the very trendy Halifax Northend.
In 2019, studying the purchase and sales of homes in this neighbourhood, I have noted that the area defined as the
North End and Central Halifax, has seen more than one hundred house sales.
Real Estate Trends: Recent Uptick In Dartmouth Home Buying Interest – Realtor Phil Slauenwhite
While I have chronicled over the last two months a significant house buying trend in the vibrant Halifax Northend – Dartmouth is also seeing an increase of interest from home buyers across the Harbour.
“In the last little while there is a huge increase in interest from buyers in Dartmouth”, agent Phil Slauenwhite tells The Notebook.
Earlier in the week, I reported in a news scoop that not only is developer Jim Spatz going to live in his nearly finished Pavilion condos at South Park and Sackville streets, so too is the man who helped to successfully co-sell the units.
Prominent Halifax realtor David Dunn has also just bought one of the last remaining units in the project.
The item was teased as a news item on Thursday, and for this update story, I spoke with Dunn, who began selling the then pre-construction units at the Pavilion, joining forces with noted realtor Carolyn Davis Stewart, and up and coming realtor Phil Slauenwhite.
By Andrew Macdonald Development: Exclusive: Pavilion Condos Two Units Away From Being Totally Sold Out On Thursday morning, The Notebook reported there were only four remaining units at the new Pavilion condo project, now accepting its first residents. As of Friday...
Not only is the developer going to live in the nearly finished Pavilion condos on South Park & Sackville streets – the man who helped to successfully co-sell the units, has also just bought one of the last remaining units.
Prominent Halifax realtor David Dunn began selling the then pre-construction units at the Pavilion, joining forces with noted realtor Carolyn Davis Stewart, and up and coming realtor Phil Slauenwhite.
Within months of launching the 2015 pre-construction sales, the realtor team managed to sell 80% of the units.
