As we head into the Labour Day weekend, many of us are saying good-bye to summer and are getting ready to get back into our full-time grooves. There have been very few decent duplexes or triplexes over the past month, so I look forward to the new inventory that will hit the market in the…
Wow – it has been hot! This past month of July saw some really scorchers. I’m not so sure which is worse – showing income properties in the dead of winter or dealing with this 30+ degree heat. For all of you that find yourself working outside this summer, please take precautions. There have been…
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…
As we head into June we can hopefully look forward to some nicer weather and a little less of the rain we’ve been experiencing. The housing market often slows down a touch at this time of year and then comes charging back after Labour Day. I’d like to wish the best of luck to the…
First off, I’d like to wish a Happy Mother’s Day to all our moms out there. The Toronto income property market continues to roll along in full swing. Sales of duplexes and triplexes have been brisk, especially the properties in key areas close to the subway lines and prominent retail strips. Cap rates are still…
It seems like the all the heated sales in the core that characterized the first quarter of 2011 are starting to slow down a touch. As the weather gets nicer, there is more and more inventory hitting the market, which will give buyers more choice and more time to make informed purchase decisions. On the…
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…
I’d like to welcome Howard Esakov back to the Plex team. Howard has years of experience with all kinds of plexes, commercial buildings and “flip” properties. Numbers for the first two weeks of January showed an 11% decrease in sales from the same time last year. There is still an overall lack of duplex and…
Happy New Year! I’d like to wish everyone a very safe and prosperous 2011. May you realize all your goals and dreams in this year ahead. I’d also like to thank my existing buyer clients for their patience over the past few months. Many of you suffered through a pretty dry spate of inventory last…
Happy Holidays everyone. I would like to wish all of you, your friends and family a very merry Christmas, Hanukkah, Kwaanza, Festivus (or whatever you celebrate) and a happy and prosperous new year. May all your hopes and dreams come to fruition in 2011. If you are travelling over the holidays, please be safe. Try…
Is it just me or does it seem like this year is just whipping by? It’s already November, the clocks get turned back soon, and the leaves are almost all gone. We’re just around the corner from X-mas and then into yet another new year. The Toronto income property market continues to challenge as there…
Happy Thanksgiving everyone. The leaves are starting to turn into their fall colours and it’s getting close to that time to fire up your furnace. Please remember to change the filter on your furnace before you turn on the heat for the first time. This little preventative move will often improve the efficiency of your…