Now that summer is winding down and we are heading towards the fall, we can look forward to a lot more income properties hitting the market over the next few weeks. Fewer properties for sale in the summer time are quite normal. This year to date has very much been a Sellers’ market in the…
It’s summertime, summertime, sum, sum summertime. Hope you are all enjoying your summer thus far. As per usual, the Toronto real estate market has slowed down as new inventory often drops for July and August. Expect things to roar back to life after Labour Day. I’m hoping for a bunch new plexes to hit the…
Happy belated Canada Day. I hoped you all enjoyed this past long weekend. There was a lot to do in town this weekend from Pride, to the Chin picnic, Ribfest, and of course, the Blue Jays and TFC. Let’s hope for a stellar summer from both of our “boys of summer” teams. We’re at the…
Can you believe that at the end of this month we will be half way through this year? Time flies quickly my friends. For those of you who have been keeping up with my monthly updates, you know that the Toronto income market has been quite challenging on the buy side so far this year….
Go Leafs go! For the first time in almost a decade we have playoff hockey in Toronto again. Wouldn’t it be great to see the Leafs get past the first round. TFC and the Jays are off to slow starts, so the city will be putting all our hopes with the Leafs. I hope you…
The demand for income generating properties across the GTA shows no signs of letting up. Overall home sales were down over 10% last month, but according to TREB prices shot up 6%. Lack of inventory, a continued low borrowing climate and the traditional spring buyers’ surge has led to an almost untenable situation where multiple…
Sales of duplexes and triplexes in the Toronto centre core continue to be brisk, as Sellers enjoy record-high prices and are still often seeing multiple offers. There has been a lot of movement in the east side, particularly Leslieville, Danforth and Riverdale. While other areas of the province seem to have stabilized, there is still…
More of the same it seems. The Toronto real estate market roared back to life in January, with many buyers jumping back into the fray. There have been multiple offers on almost every income property that I have tried to buy for clients so far this year. It seems like this year will mirror the…
I’d like to take this opportunity to send you and your family all my best wishes for a safe and prosperous new year. May all of your hopes and dreams come to fruition this year. To all of my clients, I look forward to getting back out there and helping you find the right investment…
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…