We did it! We won the gold medal in hockey. Wasn’t it awesome!! I’d like to congratulate all of our Canadian athletes who I feel did a superb job. There was a lot of chatter about owning the podium … with 14 gold medals I think we accomplished that goal. Now if only some of…
The Toronto duplex and triplex market is off to a strong start in 2010. The demand that we saw last quarter hasn’t subsided at all. Multiple offers and sales over asking price are still the norm. Even though it has been cold, there hasn’t been a lot of snow. This makes it a lot easier…
I’d like to take this opportunity to wish you and your family all my best wishes for a safe and prosperous new year. As this new decade dawns, the Toronto income property market remains as robust as ever. I anticipate 2010 to be a strong year with sales comparable to 2009. If you every have…
Happy Holidays everyone! I hope that you and your family enjoy a nice break as we wind down this year and this decade. What a crazy ride this past year has been. In January, the worldwide economy was in a funk and real estate activity had slowed to a crawl. Now it’s December and the…
The Toronto real estate market continues to chug along as we head into last couple months of 2009. The sales numbers from 2008 to 2009 show vast percentage increases, but remember that last year at this time we were in an abnormally slow period. With all the news of a global recession, the market effectively…
Ok, enough with the multiple offers already! As one of the city’s leading income property agents, I often find myself on the losing end of the multiple offer process these days. I won’t say how many more deals I would have completed this year if I didn’t have to compete, but it’s definitely in the…
Not surprisingly, the Toronto income property market continued to soar throughout the month of August. With July numbers spiking up, the sales continued well into August and when the warm weather finally broke, even higher price levels were being attained. Contrast this to a year ago, when we were at the crest of what looked…
Wow. Has it ever been busy out there! When the June numbers came out we all breathed a collective sigh of relief. Up 18%, the market seems to clearly have rebounded from where we were a year ago. The reason: interest rates. When the buyers realized that prices in fact were not falling from the…
Happy Canada Day everyone! We’re at the midway point of 2009 and the Toronto real estate market continues to hum along. Quality income properties are still in high demand as the best ones still seem to attract multiple offers. Last weekend I had three central triplexes on my radar for clients and all three sold…
I think that the worse may be over folks. After news of doom and gloom over the past twelve months or so, it seems like things are really picking up. I have been showing income properties to clients every day, so there is certainly no demand shortage. The real news though is that people are…
This month I’d like to reprint a couple of articles from April that I was featured in. One is a story from Toronto Star reporter Tony Wong, where he talks about the benefits of buying real estate and quotes Canadian investment guru Don Campbell and myself. If you’d like to read the original article as…
Where are all the great deals on duplexes and triplexes that everyone is waiting for? As we head into April in the midst of a recession, I’m still combing the market daily, waiting for all these great opportunities with Toronto investment properties. Well it’s not happening folks. When the dust settles and the economists determine…