Craig Veroni - Personal Real Estate Corporation

Craig Veroni - Personal Real Estate Corporation Your place to Live. Love.

Craig Veroni | Vancouver REALTORยฎ๏ธ at ฮ“EAโ…ƒ Broker
๐Ÿก Helping Vancouver buyers & sellers maximize their homeโ€™s value through video marketing
๐ŸŽฅ Real Estate Video Influencer | 14+ years of experience
๐Ÿ“ฉ Get my latest market insights & listings โฌ‡๏ธ Own Vancouver! ๐Ÿก

Iโ€™m Craig Veroni โ€” your local Vancouver REALTORยฎ serving North Vancouver, West Vancouver, Downtown, and Vancouver East & West. With proven e

xpertise in research, marketing, and negotiation, I help clients maximize their investment โ€” whether buying their dream home or selling for top dollar. As a listing specialist, my strategic video marketing has consistently sold homes faster and above asking price, giving my clients a clear advantage in Vancouverโ€™s competitive market.

๐Ÿ‘‰ Follow this page for Vancouver real estate insights, neighbourhood spotlights, and exclusive listings.

๐ŸŒ Learn more at: www.craigveroni.ca

06/05/2026

Bait And Switch!

The Broadway Tower That Was Supposed to Be Rental Housing Is Now Applying to Be a Hotel, Again.

The nearly complete 28-storey tower at 2538 Birch St. (formerly the Denny's site at Broadway and Birch) has filed its third rezoning application in eight years.

Originally approved in 2020 as 258 secured rental units (200 market, 58 below-market) after a contentious 6-5 council vote, the project received $164M in provincial financing for rental housing in 2023, then entered creditor protection in late 2025.

A pivot to the Dunna'eh House of Healing, 200 units of Indigenous medical accommodation, was proposed late last year.

Now a new application converts those 200 units to 202 standard hotel suites (with full kitchens, in-suite laundry, fitness room, childcare), retaining 56 moderate-income rentals.

The building is 90%+ complete and sits two blocks from the incoming Granville SkyTrain station and walking distance from VGH, BC Women's, and BC Children's hospitals.

The real estate governance story here is the one worth paying attention to. A 28-storey tower was approved by council in exchange for a specific public benefit, secured rental housing, including affordable units.

That bargain involved $164M in public financing and millions in levy waivers. The developer then entered financial distress, and the rental units are now being replaced by hotel rooms.

It is a cautionary tale that Vancouver's planning community will be parsing for years.

Article via Vancouver Is Awesome

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Craig - a Vancouver realtor, actor, content creator, husband, and father.

Save this, this building tells you more about Vancouver's housing policy than almost any report will.

06/05/2026

West Van Votes!

West Vancouver is voting Monday on a major seniors' campus that would nearly double the care beds at Inglewood Care Centre.

Baptist Housing - a non-profit backed by BC Housing and Vancouver Coastal Health - is seeking rezoning approval to replace the existing Inglewood Care Centre at 725 Inglewood Ave. with three new buildings delivering 364 publicly funded long-term care beds (up from 230), 161 seniors' rental housing units, and 200 independent living suites - a combined total of 725 beds and units.

The project unfolds in two phases: a new long-term care facility is built first and existing residents relocated before demolition of the old building, followed by the rental and independent living buildings arranged around a central courtyard.

Council is also being asked to waive approximately $4 million in development cost charges, which staff are recommending given the project's publicly funded and non-profit nature.

If first reading passes Monday May 25, a public hearing is scheduled for June 23, 2026.

The real estate connection here is one that doesn't get talked about enough. West Vancouver has one of the oldest demographic profiles of any municipality in Metro Vancouver.

When seniors have access to a proper continuum of care, from independent living through to long-term care beds, within their own community, they don't have to leave.

That means families don't have to make impossible choices between keeping aging parents close and finding appropriate care.

Article via North Shore Daily Post

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Craig - a Vancouver realtor, actor, content creator, husband, and father. Save this and share it with anyone with family on the North Shore navigating seniors' housing options - this one matters.

06/04/2026

World's Coolest Floating Sauna!

Deep Cove just made National Geographic's list of coolest sauna experiences on the planet.

Sisu Swim Sauna, a private floating sauna sailing on Indian Arm, BC's southernmost fjord, was spotlighted by National Geographic as the "coolest sauna experience right now."

Launched in 2024 by entrepreneur Nate Morris, the concept is rooted in Scandinavian coastal contrast therapy: heat, then cold fjord water, repeat. Two hours for up to 11 people runs $995. Three hours is $1,470.

Here's the real estate angle worth noting: National Geographic didn't just cover the sauna - they used Deep Cove as a lens to describe Vancouver's broader lifestyle culture.

When international publications highlight your neighbourhood's way of life, that's not just a travel story. That's a demand driver.

Lifestyle amenities like this reinforce why Deep Cove and the broader North Shore consistently command premium valuations, and why buyers relocating from other markets put this area at the top of their list.

Article by Daniel Chai via Daily Hive.

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Save this if you love Deep Cove, or send it to someone who needs to know what they're missing.

06/04/2026

Canada Picks BC!

Canada's PM just told 700 Vancouver executives that BC is central to his nation-building plan. Here's what that actually means.

Prime Minister Mark Carney addressed a sold-out Greater Vancouver Board of Trade breakfast to roughly 700 executives and business leaders, before meeting with Premier David Eby to discuss B.C.'s priorities in the federal "build Canada" agenda.

Carney stated that more than one-third of the 22 projects being fast-tracked under his nation-building approach are from British Columbia, and outlined a vision centred on energy, critical minerals, tech, expanded electricity generation, and growing Port of Vancouver shipments as part of a plan to double Canada's non-U.S. trade within a decade.

The meeting came against the backdrop of real tension over Alberta's push for a new bitumen pipeline to the West Coast through B.C., a project Eby has publicly criticized as jumping the queue.

Carney acknowledged the pipeline requires British Columbians to receive substantial economic and financial benefits and that Indigenous consultation and economic benefits must be part of the process.

Eby called Carney a friend to B.C., but was clear that environmental protection, including the North Coast oil tanker moratorium, is non-negotiable.

The real estate lens here is straightforward. Federal investment flowing into B.C. through ports, energy infrastructure, critical minerals, and tech doesn't just build the economy in the abstract; it creates jobs, attracts talent, and drives demand for housing across the region..

Article via Financial Post

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Craig - a Vancouver realtor, actor, content creator, husband, and father.

06/03/2026

Vancouver Could Pick Its MLB Ownership Group by Late July. Here's Everything You Need to Know!

Vancouver City Council approved the MLB expansion procurement process on April 22. City staff launched the Request for Expressions of Interest on April 23, with the bid window closing June 19.

An evaluation panel will assess submissions through July, with City Council potentially selecting a proponent by late July, before the city's summer break and ahead of the October 2026 civic election.

Reports have linked Vancouver-born Ryan Reynolds (co-owner of Wrexham FC) as reportedly interested in the leading ownership group, alongside 49ers Enterprises (owners of the San Francisco 49ers and Leeds United) and an investment firm involved in bringing the NHL's Seattle franchise to life.

The private sector would finance all stadium design, construction, and operations. MLB's commissioner has indicated expansion is feasible for Vancouver and could occur before 2029, pending the league's next collective bargaining agreement, with the current deal expiring in December 2026.

The real estate angle on this is enormous and underreported. A new MLB stadium in Vancouver doesn't just bring baseball; it anchors an entertainment district, drives mixed-use development on whatever site is selected, and generates the kind of sustained economic activity that reshapes neighbourhood land values for decades.

Every major North American stadium built in the last twenty years has been the catalyst for significant surrounding development.

Wherever this ballpark lands in Vancouver, the real estate story around it will be one of the biggest in the city's history.

Article via Daily Hive Urbanized

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Craig - a Vancouver realtor, actor, content creator, husband, and father.

06/03/2026

Canada built the same number of homes in 2025 as it did in 1972, with nearly double the population. That's the problem in one sentence.

Chris Gardner, President and CEO of the Independent Contractors and Businesses Association, wrote a letter to the North Shore News making the case for the proposed Lynn Valley Mall redevelopment: a 397-unit rental project in Lynn Valley Town Centre. I agree with him.

The District of North Vancouver is approaching a 20% shortfall against its provincial housing target. West Vancouver sits 70% below target.

Gardner's argument is direct: families get pushed out when housing doesn't get built, jobs disappear when construction stalls, and local businesses lose the customer base they need to survive.

He also flags that BC has lost 60,000 jobs province-wide since the start of this year, many tied directly or indirectly to construction activity.

The real estate case for Lynn Valley specifically is straightforward. Lynn Valley Town Centre already functions as a complete, walkable community - transit, schools, shops, services, civic infrastructure are all there.

Concentrating density in a location like this is exactly the kind of rational, well-located growth that housing economists and planners agree on.

The alternative, pushing development pressure outward into established single-family neighbourhoods, is both more disruptive and less efficient.

When a 397-unit rental project lands in the right place, the question for council shouldn't be whether to approve it. It should be how to approve it responsibly and quickly.

North Shore families need homes. This is where they should go.

Article via North Shore News

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Craig - a Vancouver realtor, actor, content creator, husband, and father.

Save this and share it with anyone who cares about housing on the North Shore - this conversation affects all of us.

06/02/2026

Fixed Rates Are Creeping Up, And the Window May Be Closing Faster Than You Think!

The Bank of Canada has held its overnight rate at 2.25% and most forecasters expect no movement until at least fall 2026, so variable rates are essentially parked.

But fixed rates are a different story. Driven by Government of Canada 5-year bond yields (currently around 3.2%, up significantly from the start of the year), the best 5-year fixed rates are now hovering in the low-to-mid 4% range, roughly 0.20-0.40% above their recent lows.

The culprit: the Iran conflict driving oil toward $100/barrel, stoking inflation fears in bond markets. Scotiabank now forecasts three BoC rate hikes in H2 2026.

TD says markets have priced in at least one. That changes the rate outlook meaningfully, and fixed rates, which move ahead of policy decisions, are already reflecting that risk.

For buyers in Metro Vancouver, the timing read here is important. The window where variable rates sit comfortably below fixed, and where fixed rates are still competitive relative to where they could be heading, is open right now.

It may not stay open through the summer. A rate hold or pre-approval locks in today's pricing while you shop.

If you're already pre-approved at a rate from a few months ago, check whether it still reflects what's available now; rates have moved enough that the comparison matters.

I'm happy to connect you with a broker who can run the current numbers specifically for your situation. DM me or text below.

Article via Financial Post

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Craig - a Vancouver realtor, actor, content creator, husband, and father.

Save this, the rate picture is shifting and the next few months matter more than most buyers realize.

06/02/2026

North Shore Homeowners Are on the Hook for Billions. Here's the Settlement That Just Closed One Chapter of That Story

Metro Vancouver just settled its legal war with Acciona (the fired original contractor on the North Shore Wastewater Treatment Plant) for $235M - paid by Acciona to Metro Vancouver, ending lawsuits that ran in both directions since 2022.

The project started in 2018 at a $700M budget with a 2020 completion target. It's now projected to cost $3.86B and finish in 2030.

PCL Constructors took over after Acciona was terminated, repairing 1,500 serious concrete deficiencies left behind before resuming major construction in 2024.

An independent review of the project, previously paused during litigation, will now proceed.

The real estate and ownership angle is the one North Shore residents need to understand clearly. West Van, DNV, and City of North Vancouver cover 37% of this project's cost despite housing roughly 8% of Metro Vancouver's population.

Estimates put the additional hit at up to $590-$1,182 per North Shore household per year for 30 years.

For buyers evaluating the true cost of North Shore homeownership, utility levies and infrastructure cost-sharing obligations are increasingly part of that calculation - and this project has exposed how dramatically those costs can escalate when regional governance fails.

North Vancouver's mayors have formally requested a provincial inquiry and a fairness mechanism. That fight isn't over. For anyone buying or owning on the North Shore, this is a story worth tracking closely.

Article via Daily Hive Urbanized

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Ciao, Craig - a Vancouver realtor, actor, content creator, husband, and father.

Save this - if you own property on the North Shore, this cost lands on your doorstep.

06/01/2026

North Van is losing $4.6 million a year, and your property tax bill is picking up the tab.

A 2004 provincial law called the Ports Property Tax Act artificially caps both the assessed value and tax collected from certain waterfront industrial terminals in North Vancouver, including Fibreco, Vancouver Wharves (owned by Pembina Pipeline), and SSA Marine.

The District's CFO pegs the annual loss at $4.6 million, with the shortfall pushed onto every other property class to compensate.

Council voted unanimously May 11 to bring the Union of B.C. Municipalities into the fight, lobbying for the act's repeal or amendment.

The real estate angle here is direct: hidden tax subsidies to industrial operators mean residential and commercial property owners carry a disproportionate share of the municipal tax burden.

That's upward pressure on property taxes in a market where carrying costs are already a major factor for buyers and investors.

The District estimates uncapped industrial neighbours face assessments roughly 10.7 times higher than capped terminals - same waterfront, wildly different rules.

Across B.C., 10 municipalities are collectively losing an estimated $30 million a year under this legislation.

Article via North Shore News

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Ciao,
Craig - a Vancouver realtor, actor, content creator, husband, and father.

Save this and share it with anyone who owns property on the North Shore - this one hits your bottom line directly.

06/01/2026

Surrey just slashed builder fees; here's what that means for Metro Vancouver real estate.

Surrey City Council has approved a new development cost charge (DCC) bylaw for provincial review that would cut builder fees by 7-9% from 2024 levels.

The goal: make housing cheaper to build at a time when construction costs are high and many projects are stalling before they start.

Single-family DCCs in Surrey would land at $51,633 - versus $87,615 in Langley. That's a $36,000 head start before a shovel hits the ground.

Here's the bigger picture: the region is currently in a window where softer prices and reduced immigration have slowed new housing starts.

The risk isn't today's market - it's the supply crunch that hits when demand surges back later this decade. Surrey lowering its fees is a direct attempt to keep the pipeline moving now so the city isn't scrambling later.

For buyers and investors, Surrey's affordability gap just widened further, and with new amenity cost charges projected to fund $350 million in community infrastructure over 10 years, including a future Newton Community Centre with a 50-metre pool and twin gyms, this is a city building for scale.

Article via Daily Hive Urbanized

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Ciao,
Craig - a Vancouver realtor, actor, content creator, husband, and father.

Save this one, Surrey's supply story is just getting started. Share it with anyone watching the Metro Vancouver market.

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