Rundown home in Vancouver’s West End for sale for almost $7M

A rundown residence on Barclay Street in downtown Vancouver that only needs “a little TLC” would need a buyer with considerably large pockets. 

The two-storey, 1922 house on 1511 Barclay has four bedrooms, three bathrooms and an eye-popping list price of $6.98 million. That’s especially noteworthy considering the same house sold for $2.8 million just over two years ago, $700,000 above its then-asking price. Land-title documents list the current owner as Sahara Jetha. 

The reason for the high price tag — now and then — is: “Location, location, location!!!,” according to the description of the listing by realtor Sydney Deng of Royal Pacific Realty Corp. 

The property is being marketed as a “land assembly” and an opportunity for “investment and self-use.” 

The 2,372-square-foot house has a “well-laid-out floor plan,” said the ad, with two bedrooms and living space on the main floor, another bedroom on the top floor and a fourth bedroom in the basement. 

It sits on a 33-by-131-foot lot on Barclay, just off Nicola Street, between an apartment building and a townhouse in the West End, where single-family dwellings rarely come on the market.

Like most of the West End, the property is zoned RM-5 — another selling point, as it allows for a floor-space ratio of 1.5, or up to 6,484 square feet of living space with the retention of the house and infill in the back.

The RM-5 zoning allows for residential developments with “compatible retail, office, service and institutional uses,” says the city, with an emphasis placed on developments that are compatible with the

Article source: http://www.msn.com/en-ca/money/topstories/barclay-street-home-in-vancouvers-west-end-for-sale-for-almost-dollar7-million/ar-BBKrNrZ?srcref=rss

Outlaw photo bought on eBay for $10 could be worth $2M

a man standing in front of a building© Provided by Fox News
A mysterious 19th-century photograph bought on eBay for just US$10 ($13) could be worth US$2 million ($2.6 million) after experts identified it as an extremely rare portrait of infamous outlaw Jesse James.

Justin Whiting, who lives in Spalding, U.K., bought the tintype for just 7 U.K. pounds ($10) in July 2017. He noticed a marked similarity between the youth in the picture and a photo of James in a book.

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Described as a sort of “19th-century Polaroid,” tintype photos were created by applying chemicals to a thin metal sheet.

“I noticed the picture for sale — it was $10. It was a bit blurry on the site but when I got it, it was a lot clearer,” he said, according to SWNS. “I thought to myself: ‘Gee wizz, this could be a real photo!’ I’ve been obsessed with American outlaws for years and read lots of books and study their faces.”

Prompted by friends, Whiting contacted forensic experts in the U.S., who analyzed the picture. The collector, who has been out of work since 2003 as a result of back problems, has been told that the photo could be worth at least $2 million, SWNS reports.

Born on Sept. 5, 1847 in Clay County, Mo., James earned notoriety

Article source: http://www.msn.com/en-ca/money/topstories/jesse-james-jackpot-outlaw-photo-bought-on-ebay-for-dollar10-could-be-worth-dollar2-million/ar-BBKtckw?srcref=rss

Canadian dollar near flat versus firmer greenback as oil prices climb

a close up of a logo: File Photo: A Canadian dollar coin, commonly known as the Loonie, is pictured in this illustration picture taken in Toronto© REUTERS/Mark Blinch/File Photo
File Photo: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto

The Canadian dollar steadied against its broadly stronger U.S. counterpart on Tuesday as oil prices rose and domestic data showed an increase in wholesale trade, while investors braced for a potential Federal Reserve interest rate hike on Wednesday.

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Canadian wholesale trade edged up 0.1 percent in January as higher sales in the food and machinery and equipment sectors offset declines in the building material and vehicle industries, data from Statistics Canada showed. Analysts had forecast no change in wholesale trade.

The price of oil, one of Canada’s major exports, rose on tension in the Middle East and the possibility of further falls in Venezuelan output.

U.S. crude (CLc1) prices were up 1.9 percent at $63.23 a barrel.

The U.S. dollar (.DXY) climbed against a basket of major currencies, boosted by expectations of a more confident sounding Fed. Meanwhile, a sharp drop in a confidence survey among German investors weighed on the euro.

At 9:09 a.m. EST (1309 GMT), the Canadian dollar (CAD=D4) was little changed at C$1.3076 to the greenback,

Article source: http://www.msn.com/en-ca/money/topstories/canadian-dollar-near-flat-versus-firmer-greenback-as-oil-prices-climb/ar-BBKtbNh?srcref=rss

How one family spent $573 at Costco



costco receipt: nbsp;


© Used with permission of / © Rogers Media Inc. 2018.
 

A family of three including a toddler in tow does a monthly Costco trip in search of grocery deals with a strict shopping list in hand. With their son in Junior Kindergarten and both parents working full-time as software engineers, they are time and budget conscious. Having been burned by what they call the “Costco Curse” — treasure hunting and overspending at Costco — they aim to plan ahead. Yes, shopping at Costco can offer value on flats of food, but is it always a fair price? I had a look at one of the family’s recent trips to value retailer to find out if they were spending smartly and if their shopping habits could impart any do’s and don’ts for the Costco-obsessed.





© Used with permission of / © Rogers Media Inc. 2018.


1. Save 78 per cent on OTC medication

Three over the counter (OTC) medications account for 6.7 per cent of this total bill. Spending $38 on nasal spray and Advil may seem steep, but based on unit cost this is a low price to pay for large sizes of common remedies. For example, Costco’s Kirkland brand 200mg ibuprofen costs 2.2 cents per

Article source: http://www.msn.com/en-ca/money/personalfinance/how-one-family-spent-dollar573-at-costco/ar-BBKtiol?srcref=rss

2 top dividend stocks for your market-beating TFSA



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For your Tax-Free Savings Account (TFSA), buying top dividend stocks and then holding them for a long time is the best strategy if you are aiming to beat the market.

In this strategy, you should buy stocks with a dominant market position in their industries and with a track record of providing growing streams of income to their shareholders.

Let’s have a look at Canadian National Railway(TSX:CNR)(NYSE:CNI) and Bank of Nova Scotia(TSX:BNS)(NYSE:BNS) to find out if these two top dividend names fit the criteria.

Canadian National Railway

CN runs a 100-year-old railway business and has a strong leadership position in the transportation sector. The company essentially operates in a duopoly, where Canadian Pacific Railway is the only significant competitor.

You can imagine that creating demand for its services is not a problem when CN has this kind of competitive power. The challenge for CN, however, is meeting that robust demand; this is what plaguing CN stock this year.

CN stock is down more than 8% so far this year after a sudden jump in demand for the freight services in North America. But if you have been following this great business, then you know that CN has consistently beat the market and produced hefty returns for its investors. During the past five years, investors have almost doubled their money. CN has been a great cash machine for investors,

Article source: http://www.msn.com/en-ca/money/savingandinvesting/2-top-dividend-stocks-for-your-market-beating-tfsa/ar-BBKteAV?srcref=rss

25 famous people you wouldn’t believe used to be homeless

We might crave the glamorous lifestyles of the rich and famous, but many of the following people have quite literally had to work their way from rags to riches. We take a look at how and why some of the most famous people in the world were homeless before their fame. 

Click or swipe to see the gallery

Article source: http://www.msn.com/en-ca/money/topstories/25-famous-people-you-wouldn%E2%80%99t-believe-used-to-be-homeless/ss-BBKqv6a?srcref=rss

Classic brands that are in trouble

Certain brands are more than just products — they’re iconic pieces of the American and Canadian landscapes, engrained in the culture. Of course, no matter how sentimental we might get, the simple fact remains that the free market has a short memory. When tastes change, even the most recognizable sellers will have to change with them or risk obsolescence — like Kodak.

Click through to see which classic brands are showing bad trends for investors.

Article source: http://www.msn.com/en-ca/money/topstories/the-classic-brands-you-love-are-in-trouble/ss-BBKqq99?srcref=rss

Possible signal U.S. ready to accept NAFTA compromise

Chrystia Freeland et al. posing for the camera: Mexican Economy Minister Idelfonso Guajardo, from left, Canadian Minister of Foreign Affairs, Chrystia Freeland and US Trade Representative Robert Lighthizer pose for pictures before giving a message to the media during the seventh round of NAFTA (North American Free Trade Agreement) talks in Mexico City, on March 5, 2018. (RONALDO SCHEMIDT/AFP/Getty Images)© Used with permission of / © Rogers Media Inc. 2018.
Mexican Economy Minister Idelfonso Guajardo, from left, Canadian Minister of Foreign Affairs, Chrystia Freeland and US Trade Representative Robert Lighthizer pose for pictures before giving a message to the media during the seventh round of NAFTA (North American Free Trade Agreement) talks in Mexico City, on March 5, 2018. (RONALDO SCHEMIDT/AFP/Getty Images)

OTTAWA—American trade officials are showing newfound interest in a Canadian proposal for revamping NAFTA’s automotive provisions as the U.S. seeks to swiftly conclude renegotiations of the continental free trade pact.

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And that’s being taken in some quarters as a sign that the U.S. may realize it will have to settle for making only modest progress on a handful of American demands if there’s to be any hope of concluding a deal within the next few weeks.

At the conclusion of the last round of negotiations in Mexico earlier this month, U.S. Trade Representative

Article source: http://www.msn.com/en-ca/money/topstories/canadians-see-possible-signal-us-ready-to-accept-nafta-compromise/ar-BBKnTUw?srcref=rss

How to get a 1-bedroom for under $1K in downtown Toronto: Win the lottery

Cherise Burda, executive director of Ryerson Universitys City Building Institute, doesnt fault the TCHC for its lottery plan, saying the huge demand shows the depth of the housing crisis. Its kind of sad because it shows that were seriously not building enough purpose-built housing, (built for renting) she said.© Carlos Osorio
Cherise Burda, executive director of Ryerson University’s City Building Institute, doesn’t fault the TCHC for its lottery plan, saying the huge demand shows the depth of the housing crisis. “It’s kind of sad because it shows that we’re seriously not building enough purpose-built housing,” (built for renting) she said.

The odds are far better than Lotto 6/49 but still small enough to make it a long-shot.

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It’s the Toronto affordable housing lottery, one of the only ways to get a reasonably priced downtown apartment in a city with skyrocketing rents.

For the first time, said Toronto Community Housing Corporation (TCHC) spokesperson Danièle Gauvin, the agency is allocating units through a random “computer generated scrambling system.” By a late February deadline, 3,754 people had filled out a complete application for 59 new units in Regent Park. That’s odds of about 1.5 in 100, compared to 1 in 13,983,816 for the big payout of Lotto 6/49.

The apartments are not traditional subsidized housing, which has a long

Article source: http://www.msn.com/en-ca/money/topstories/how-to-get-a-one-bedroom-for-under-dollar1000-in-downtown-toronto-win-the-lottery/ar-BBKoZSS?srcref=rss

Aeroplan members to earn miles on Amazon.ca

a person using a laptop computer© Provided by thecanadianpress.com

MONTREAL – Aeroplan members will be able to earn points on most of their purchases on Amazon.ca starting on April 24.

The loyalty rewards program says members who visit Amazon.ca through the Aeroplan website will be able to earn at least one Aeroplan mile for every $1 dollar spent.

Aeroplan status members will be able to earn even more miles.

The announcement of the Amazon partnership follows news last week that Aeroplan members would no longer be able to earn miles at Esso gas stations starting later this year.

Aeroplan parent company Aimia Inc. has been working to prepare for the end of its agreement with Air Canada.

The airline served notice last year that it does not plan to renew its 30-plus year partnership when the current contract ends in 2020.

Companies in this story: (TSX:AIM)

Article source: http://www.msn.com/en-ca/money/topstories/aeroplan-members-to-earn-miles-on-amazonca/ar-BBKqwWL?srcref=rss