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…
Bring on the fall and cooler weather. I hope that you all enjoy this last long weekend of the summer and have an awesome Labour Day. Many of us are anxiously waiting to see what happens next week to the Toronto real estate market when the kids go back to school and most of us…
Newsletter: August 2012 I’m starting to hear a lot of talk out there about the Toronto market finally starting to cool. Some experts think that the decline in the July numbers are indicative of the market finally starting to soften – something that many have predicted would happen and have been waiting for. My stance…
Happy Canada Day everyone! I hope that you are all enjoying your long weekend and are looking forward to taking some more time off this summer. It’s going to be hot out there so try to stay cool. We live in great province with plenty to do so make sure you take advantage of it….
The beginning of June is the traditional start of summer but it feels like we’ve had two months of summer time already. I suppose I shouldn’t complain but I think that we are in for some HOT months ahead. The real estate market generally slows down a little at this time of year, but as…
The Toronto residential income property market continues to be very strong for sellers. Duplexes, triplexes and multiplexes in the east, central and west districts continue to trade for record prices. Multiple offers are still the norm and prices in excess of$50K to $100K over asking are still quite common. Returns can be negligible so buyers…
This month I would like to welcome back Jay Snider to Plex Realty. Jay and I have been working together since way back in the CD manufacturing days, so for quite some time. I look forward to working a lot with Jay on the listing side as he is a consummate professional and a great…
This month I will address the fervor of the Toronto income property market over the past few weeks. There was some speculation that with more supply coming online as we approach the spring market the current hot demand would cool a little. Quite simply this hasn’t been the case. I haven’t seen any quality duplexes…