Hot off the grill: E&E Drive In, neighbouring home in Brigus hit real estate market for $1.87 million
BRIGUS, N.L. — While he might not have any offers on the table yet for the property, Clarke’s Beach real estate agent Frank Evely knows there is lot of local interest in the future of an iconic takeout food spot in Conception Bay North.
“It’s just blowing apart,” Evely said, commenting on the amount of online traffic the listing for the former E&E Drive In has generated since it went live Monday, March 13.
A landmark business in Brigus that served multiple generations of families for 54 years, E&E Drive In closed last summer and is now listed, along with a residential home and a lot of land surrounding it, for $1.87 million.
There were rumours floating around about the future of the popular business for about a year before the Green family finally decided it was time to step away from the business for good.
In an interview with SaltWire Network last summer, Ernie Green Jr. said there was still plenty of customer demand for what the greasy-spoon spot had to offer, whether it was burgers and fries or onion rings, milkshakes, chicken or ice cream.
But what made it difficult to continue were a lot of common issues for businesses in the Newfoundland and Labrador food-service sector. Finding staff was becoming more of a challenge, while supply chain issues and increased costs were forcing them to raise prices.
Ernie and his brother Tony were responsible for the business, which was founded back in 1968 by their father, Ernie Green Sr. The elder Ernie retired from the business several years ago.
Evely acknowledged it may take time to find the right buyer but added the E&E property has a lot going for it.
“It was a very prosperous business,” he said.
“There’s been three families, basically — Ernie Sr., Ernie Jr. and Tony — they’ve all made a living off that property for the last 50 years. Anybody looking at this property is going to say, ‘If they can do it, we can do it as well.’ There’s a good business.”
Being only about a five-kilometre drive away from E&E’s himself in Clarke’s Beach, Evely has plenty of memories about the place.
“We grew up with it around here. Friday nights, or Sunday afternoons right after church, you’d finish church and you’d go up to E&E’s. It was just a staple,” said Evely, adding he’d be keen to buy the business himself if he was a bit younger.
“People in the area, they really miss it.”
According to the real estate listing, the business is ready to re-open for the potential buyer, with all equipment and a warehouse included in the deal.
The house, located behind E&E’s, was remodeled 10 years ago and is roomy, with a developed living space set up in the basement.
There’s also a lot of undeveloped land that a new owner could look to redevelop, according to Evely.
Evely said the location — right on the Conception Bay Highway — remains a great one.
Brigus itself is a popular spot for tourists in the summer, with multiple historic attractions nestled in the community and the annual Brigus Blueberry Festival still drawing large crowds.
The community has also been prominently featured in the popular HGTV Canada reality series “Rock Solid Builds.”
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A massive chunk of Toronto's Kensington Market is now for sale at $24 million – blogTO
A large portion of Toronto’s eclectic Kensington Market community is on the chopping block, with a group of properties hitting the market for a combined $24 million, and potential plans to redevelop the site with a new mid-rise building.
Realtors are shopping a group of seven properties around that includes 23 Saint Andrew Street plus 25 through 35 Kensington Avenue, located just northwest of the Dundas and Spadina intersection.
The document circulating mentions the possibility of purchasing additional properties at 21 and 23 Kensington Ave plus an easement lot attached to 23 St. Andrew, which would add 0.173 acres to the site and increase the developable footprint to 0.66 acres.
The site is currently home to a collection of Victorian semi-detached homes with commercial frontages and includes a handful of businesses such as vintage store Fashion Old and New.
If sold off, it is expected that the new owner of the properties would redevelop the site with a higher-density development, and the document specifically notes the potential for an eight-storey building on the land.
Toronto’s Official Plan does indeed designate this pocket of the city for mixed-use development, though, like pretty much everything else proposed under the city’s archaic zoning by-laws, any mid-rise plan would require a rezoning to move forward.
The site is located within the planned Kensington Market Heritage Conservation District (HCD), which aims to conserve the area’s cultural and built heritage. This would likely only prove a small speed bump in any redevelopment plans, as new development is still permitted in an HCD as long as it adheres to the surrounding style.
Federal Government Amends the Foreign Buyers Ban Regulations – British Columbia Real Estate Association
On March 27, 2023, the federal government announced amendments to the Prohibition on the Purchase of Residential Property by Non-Canadians Act’s (the Act) accompanying Regulations, effective March 27, 2023. The Act was passed in June 2022 and the regulations came into force January 1, 2023.
Here’s what you need to know about the amendments to the Foreign Buyers Ban.
Enable more work permit holders to purchase a home to live in while working in Canada.
The amendments allow those who hold a work permit or are authorized to work in Canada under the Immigration and Refugee Protection Regulations to purchase residential property. Work permit holders are eligible if they have 183 days or more of validity remaining on their work permit or work authorization at time of purchase and they have not purchased more than one residential property. The current provisions on tax filings and previous work experience in Canada are being repealed.
Repealing existing provision so the prohibition doesn’t apply to vacant land.
Repealing section 3(2) of the regulations, so the prohibition does not apply to all lands zoned for residential and mixed use. Vacant land zoned for residential and mixed use can now be purchased by non-Canadians and used for any purpose by the purchaser, including residential development.
Exception for development purposes.
This exception allows non-Canadians to purchase residential property for the purpose of development. The amendments also extend the exception currently applicable to publicly traded corporations under the Act, to publicly traded entities formed under the laws of Canada or a province, and controlled by a non-Canadian.
Increasing the corporation foreign control threshold from 3 per cent to 10 per cent.
For the purposes of the Prohibition, with regards to privately held corporations or privately held entities formed under the laws of Canada or a province and controlled by a non-Canadian, the control threshold has increased from 3 per cent to 10 per cent. This aligns with the Underused Housing Tax Act’s definition of ‘specified Canadian Corporation’.
While the BC Real Estate Association (BCREA) welcomes these amendments because they provide greater flexibility to newcomers and businesses seeking to contribute to Canada, we remain opposed to the legislation’s highly political and largely non-evidential assertion that foreign ownership plays a significant role in Canadian housing attainability.
The federal government’s need to amend this policy demonstrates its overly hasty policy-making process. The negative unintended consequences that necessitated the amendments could have been mitigated with proactive, fulsome sectoral consultation. The negative fallout from this legislation once again highlights a concerning trend at all levels of government to implement policy affecting major economic sectors without adequate advance sectoral consultation.
BCREA is committed to continuing our advocacy efforts calling for the establishment of a Permanent Housing Roundtable to bring together all stakeholders in the housing sphere and help address its challenges with an inclusive, holistic and innovative approach.
To subscribe to receive BCREA publications such as this one, or to update your email address or current subscriptions, click here.
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