Vancouver Magazine
The Broadway/Cambie Corridor Has Become a Hub for Excellent Chinese Restaurants
Flaky, Fluffy and Freaking Delicious: Vancouver’s Top Fry Bread and Bannock
Care to travel the world, one plate at time? Visit Kamloops.
Protected: The Wick is Lit for This Fraser Valley Winery
Wine Collab of the Week: The Best Bottle to Welcome a Vancouver Spring
Naked Malt Blended Malt Scotch Whisky Celebrates Versatility and Spirit
The Orpheum to Launch ‘Silent Movie Mondays’ This Spring
5 Things to Do in Vancouver This Week (March 27-April 2)
Meet Missy D, the Bilingual Vancouver Hip Hop Artist for the Whole Family
What It’s Like to Get Lost on a Run With a Pro Trail Runner
8 Things to Do in Abbotsford (Even If It’s Pouring Rain)
Explore the Rockies by Rail with Rocky Mountaineer
The Future of Beauty: How One Medical Aesthetics Clinic is Changing the Game
4 Fashion Designers From African Fashion Week Vancouver to Put on Your Radar
Before Hibernation Season Ends: A Round-Up of the Coziest Shopping Picks
The local housing market seems impenetrable to first-time buyers, yet every week the HGTV show Income Property introduces another starry-eyed Canadian couple who are “making their financial dreams a reality.” Yes, there are hurdles: leaky basements, falling roofs, and/or rats. But with a little help from host (and real-estate investor) Scott McGillivray, buyer after buyer learns how to offset mortgage payments by developing and renting out a basement suite.The catch? In 10 seasons (Income Property launched in September 2008, just as the stock market tanked), the cameras have never crossed the Rockies. After all, what young couple could afford to buy a single-family home here—with or without a mortgage helper?There is one shortcut into the market, though, explains Eitan Pinsky, a broker with Origin Mortgages. “Properties selling for over $1 million go to professionals in their late 30s with large salaries and down payments saved,” he says. (The law requires at least 20 percent down.) “Few young adults have that amount of cash without help from parents.”