Troubling Times For Landlords And Investors
Apartment vacancy rates in Toronto hit a high high in 2020, reaching 5.7%. As a point of reference, the vacancy rate was only 1.1% at the end of 2019. All this occurred as a record number of new condo units were completed …
What’s The Difference Between A Home Evaluation & An Appraisal
In short, a home evaluation is a current market assessment prepared by a real estate professional for a buyer or a seller, and an appraisal is conducted by a licensed appraiser on behalf of a lender or finance company. Each side has …
How Can A Low Price Lead To A Record Sale?
Pricing your home below market value to effectively trigger a sale is a strategic marketing tactic. It is a bit of a science that is closely intertwined with overall marketing plan. The biggest sellers make when selling their home is that they …
Top Buyer Tips
Buying your next home can feel like an overwhelming task, especially if it’s your first real estate experience. As this will likely to be the largest financial transaction you will ever make, it is best to be prepared and do it right. …
Is It Legal? Secondary Suites & Basement Apartments
By MICHAEL SCHMIDT of HomeMaster, Home Inspections www.housemaster.com One of the most frequent questions I get in my work as a home inspector is whether particular secondary suites—including basements and in-law apartments—are legal. Toronto …
How Much Does a Preconstruction Condo Really Cost?
By Immanuel Uy Buying your very first home or investment property will most likely be one of your biggest financial commitments you will ever make. Ever. And so it is extremely important to be aware of the necessary closing costs and the …
Have You Considered REAL ESTATE INVESTMENT to Fund Your Future Self?
Buying real estate is a unique investment opportunity, because after the initial investment the mortgage can be covered by tenants. Income tax can be off-set by related expenses, and appreciation over time is often projected at doubling every 10-12 years. Real estate …
When is the best time to invest in Real Estate?
I am asked that often. The short answer to that question is ‘yesterday’, the second best time to invest is right now. Real Estate has created more millionaires than any other investment strategy. Don’t be fooled though by what some might say. …