Toronto Income Property Newsletter – March 2019

Happy Canada Day everybody. July 1st marks our full jump into summer and the start of the second half of the year. We certainly saw a very strong market for income properties over the past six months. If you haven’t purchased your property yet this year, it will be trickier over the next couple of…

Tis the season to be jolly – Happy Holidays to one and all. We are coming up to that time of year again – boy, does time fly. I would like to wish you and your family all the very best for this holiday season. I also would like to invite you to come celebrate…

Whilst there has been a lot of talk about the Toronto real estate market slowing down, it hasn’t really happened with income properties in the Central core as yet. I expect properties that do not generate sufficient cash flow will not continue to trade as quickly as they have over the past two years. Prudent…

More of the same it seems. Of all the residential income properties that hit the market over the past few weeks, most of them have already traded and in many cases over the asking price. This speaks to continued low interest rates fuelling the buyer demand and the overall desirability of income properties in Central…

This month I’d like to look at a segment of the Toronto real estate market that I haven’t discussed too much in the past. As you know, at Plex we are very active with duplexes, triplexes and multiplexes as well as “fixer-uppers” that may have profit potential. One other area that I have also done…

The spring market is just around the corner. As we come into March, I can safely say that the severe income property shortage of the past few months is beginning to subside. Over the past week I have seen quite a few decent income-generating properties hit the market. There’s still a strong push on the…