I’d like to take this opportunity to thank all of our clients and friends that we have done business with recently. We really appreciate your trust in us and we look forward to being there in the future to help with all your real estate investment needs. It is hard to survive as an independent…
Happy 149th birthday Canada! I hope you all enjoy your Canada Day long weekend. If you are a soccer fan like me, the Euro 2016 tournament has been providing us a lot of thrills – especially if you are from Iceland. We have been to Reykjavik and toured the Iceland coasts – it is truly…
For all you soccer fans, this month’s Euro tournament promises to be a fun-filled and action-packed affair. Congrats to the Raptors for their recent playoff success and let’s hope that the Blue Jays continue their winning ways. Also, best of luck to the Plex Rockets – our sponsored little league team. The Toronto real estate…
The Toronto real estate market continues to challenge and confound potential buyers out there. Lack of inventory, multiple offers and prices well over the list price have become common-place, and it seems like there is no end in sight. It is difficult to determine a fair market price when it sometimes feels like people are…
As we head into the Toronto spring market I’d like to take this opportunity to thank all of our clients and friends who have supported Plex Realty over these past few years. The real estate space has gotten really crowded, as many more people are getting their real estate license, lured in by hopes of…
The demand for income properties in the Toronto central core continues to outpace supply. January and February saw fewer duplexes and triplexes than I would have liked so hopefully we will see more inventory hit the market this month. The spring market will be upon us soon. Same old, same old: Low interest rates coupled…
This month I am proud to welcome Evan Wright to our Plex team. Evan and I have been friends and business associates for many years. Evan has years of experience in owning and managing apartment buildings in and around the GTA. He has particular expertise in Hamilton and areas where the returns tend to be…
Happy New Year everybody. I hope you all have a great 2016 and all your hopes and dreams come to pass. It should be an interesting year with the upcoming US election (a lot more fun to come from Trump I expect) and some pretty high profile criminal trials. (Ghomeshi and maybe Cosby). I always…
I would like to take this opportunity to wish you all a very happy holiday season and all the best for a prosperous and happy new year. I would especially like to thank all of our Plex clients for their trust and faith in us this past year. We are only as good as the…
The Toronto real estate market tends to slow up in November as we approach the holiday season. Sales in September and October were brisk as many buyers continued to take advantage of low borrowing rates. Houses in the central core still have been attracting multiple bids and have been selling for upwards of six figures…
Congratulations to the Plex Rockets – little league champions. Hopefully our young champs will set the tone for another certain baseball team in town who are going to the post-season for the first time in two decades. And it looks like our local soccer team will be going to the playoffs for the first time…
So what’s going to happen when the market comes back next week after Labour Day? More of the same I suspect. Interest rates are still at record low levels and the demand for houses continue to outpace supply. I read this morning that there is a serious lack of detached homes available for sale in…