Canada’s luxury home market on a clear, upward trajectory, marked by record sales in most major centres in 2013, says RE/MAX Accelerated demand pushing five-year growth rates into double and triple-digit territory Mississauga, ON (January 28, 2014) — Significant gains at the top end of the country’s housing market continued to demonstrate the overall strength of Canadian real estate in …

As you might know, I love to invest in real estate as it gives me the opportunity to generate greater return on my money than leaving it in the bank but this is also a tricky venture where the fields are littered with people who either ran out of money when they took on a project or let their emotions …

Welcome to the great white north where properties are cheaper and cash flow is king! I’m talking about this 21 unit building that we are featuring that is generating a whopping $30,000 per year in cash.  I still can’t believe the number and have requested the seller to provide me with copies of all the leases to confirm it.  The …

November 6, 2013 — Greater Toronto Area REALTORS® reported 8,000 home sales through the TorontoMLS system in October 2013 – up from 6,713 transactions reported in October 2012. Over the same period, new listings on the TorontoMLS system were down. “The GTA home ownership market has been broadly characterized by a rebound in sales since the summer. Market conditions have …

The Toronto Central By-Election Debate is coming soon on November 20, 2013! The Toronto Central By-Election is coming up soon on November 25, 2013 and a coalition of eight residents associations have put together a forum for all candidates to debate and show how they will work for you.  I’m very proud and honored to be working with the Cabbagetown …

I was asked last week to discuss a new micro condo development project coming soon to Toronto with 281 units in the Queen and University area with units starting from 289 square feet.   My initial thought was that small units aren’t something new in Toronto.  Past projects with small foot prints have been DNA 3 by Canderel, INDX by Lifetime …

I’m really excited about this listing! My clients had an offer on this Mississauga Investment Property and we were competing with other offers and ended up losing. The problem is that the winners weren’t able to close.  My buyers have since moved onto other properties and this one has become available.  This is a cool little nugget. I can’t always …

Here is another great property we have listed… The property is a Residential and Commercial Property with MCR zoning. There are four residential properties and one commercial unit. The property is listed with a cap rate of 5.8% which includes the vacancy.  This is a cash cow.  The property generates positive cash flow after all expenses and mortgages have been …

Here’s a property that a client of mine inquired about and I found the numbers too good.  This property has been on the market for a bit and no takers! Check out the numbers and tell me what you think!  The numbers work out to a nice 6.22% cap rate! RATIO ANALYSIS Exp/Inc Ratio 34% Cap Rate 6.22% Cash Return …

Welcome back! Today, we review a 25 units building just outside London, Ontario that has the lowest price per unit that I’ve seen in a long time. The price of under $50K per unit makes this a very attractive purchase.  There are challenges with this property that I’ve reviewed in the video but there are ways to counter them as …