OUR BLOG

If you had any thoughts about selling/buying Toronto real estate, you must have come across some big decision levers such as: 1. How to price it 2. Whether or not to deal with bidding wars 3. What are the most ethical practices for auctions 4. Strategies to net the most money and get a favourable outcome This video offers insights for sellers, buyers, and investors, providing the knowledge needed for informed decision-making in a competitive landscape. What You'll Learn: - How to price homes for success - The impact and strategy of $1 listings - Closed bidding processes explained - Importance of ethics in real estate - Preparing properties for sale effectively - Choosing the right real estate agent Gain a comprehensive understanding of market dynamics and strategies to achieve your real estate goals.

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Toronto's Best vs. Worst Neighbourhoods: Explore top and bottom areas, focusing on safety, accessibility, community vibes. Insights into the city's evolving landscape, from Yonge & Eglinton's makeover to East Harbour's potential. Discover where to live in the GTA. Subscribe for real estate insights!

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Are you dreaming of buying a home in Toronto? It's time for a reality check. With home prices starting to soar, the dream of homeownership is slipping away for the average Torontonian.

In this eye-opening video, we dive deep into the harsh truths of Toronto's real estate market. From the staggering down payment to the salary requirements to service a mortgage, we uncover what it truly takes to secure a piece of this city. Plus, we'll explore the shift towards purpose-built rentals and the impact of new construction costs. Whether you're a first-time buyer, a seasoned investor, or simply curious about the market, this video is your guide to understanding the complexities of buying a home in Toronto today.

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Is it still worth it to live in Canada?

In this episode, we're not just skimming the surface. We delve into practical strategies for listing properties, emphasizing why listing early in the week, especially on Mondays, could be your game-changer in this evolving market. We also bring to light real-life examples of properties selling at list price after lengthy market periods, indicating a significant shift in buyer behaviour. Furthermore, our conversation extends beyond mere sales, touching on broader economic factors like interest rates, property tax hikes, and how these elements intertwine to shape the future of real estate. Whether you're a seasoned agent, a new entrant in the industry, or a potential buyer/seller, this episode is packed with valuable insights and trends that you can't afford to miss!

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Let's talk about the pressing issue of housing affordability in bustling cities like Toronto and creating ways to getting affordable housing.

We were recently inspired by the real-life story of a couple who creatively addressed this challenge by constructing a 1350 sq ft laneway house in the beaches. This video offers a comprehensive look into the realm of affordable housing strategies. We examine the 'rule of seven in investments' in the context of real estate, discuss the emerging trends in prefab and modular homes, and consider alternative living options such as houseboats and van life.

The podcast also provides an insightful analysis of how economic elements like interest rates and immigration patterns influence the real estate market.

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With a landscape of explosive population growth and soaring real estate prices, we explore the stark realities and tough trade-offs that come with seeking solutions to Canada's housing dilemma. From environmental concerns to infrastructure constraints, there are many challenges to this complex problem.

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We're going to The Well!

It's our first experience there (after completion). Ken and Michael walk through a condo for sale, as well as the retail area. We're excited for the 70,000 sq ft food hall (got a sneak peak for that, but it's not in this video), and it looks awesome! It's going to be pet-friendly too.

We didn't showcase the office area, and the building amenities, but we can imagine that they are equally as amazing!

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Are you constantly on the lookout for the next great deal in real estate? Have you been considering power of sales as a golden opportunity to snag a property at a bargain price?

Well it’s not as easy as it seems. There are hard truths and difficult realities when it comes to actually working with these properties. Listen to the whole podcast where we provide you with a comprehensive understanding of what these deals really entail.

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The number of sales for Q4-2023 in the Greater Toronto Area are horrible. In October 2023, we had 4,646 sales, which is THE WORST number of October sales since 1999, even accounting for the population growth and all the new homes being built. For context, the peak number of sales in the GTA was 15,623 in March 2021. In the 28-year history that we have recorded for TRREB MLS sales, we are 32% below the average of 6,806 homes sold.

So who are the six profiles of 4,646 people transacting in real estate right now?

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We turn our focus to the decreasing rent prices in Toronto. We're unraveling the complexities behind this trend, examining the economic fluctuations, and their impact on both tenants and landlords. We also look at Toronto's current position and future market projections.

Should you be worried as a landlord? What should you do next as a tenant? Will everything be okay at the end of the day? Let’s talk about it! Participate with us by commenting below and we’ll do our best to reply with our thoughts and opinions.

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There are a lot of office vacancies with the work-from-home generation, and we can't build residential properties fast enough. So wouldn't it make sense to convert under-utilized office towers to residential usage?

Municipalities would want it because remote work brings office vacancies, which leads a never-ending cycle of reduced property-tax revenue for cities, fewer amenities as nearby businesses struggle to stay afloat, and more people fleeing downtown areas.

Meanwhile demand for residential properties is far too strong, causing a huge run up in prices. Just look at the average rental rate.

If the basic economic laws of supply and demand are in still in play, then wouldn't it be logical to repurpose empty office towers into residential condos or rental apartments?

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Podcast 54: Rising Mortgage Interest Costs: Sell or Continue Renting?

It's easy to say too bad, that's the consequence of being a landlord. But what if you are caught in this situation?

Mortgage interest costs have risen at the fastest pace in history, but the rental income isn't rising nearly fast enough to cover the payments. So what do you do if your tenant gave you their notice to move out, and renting it out again will put you in a horrible negative cash flow scenario? Do you take this opportunity to sell, when prices have declined by 15-20% or more, or do you continue to rent it out to a new tenant?

Let's talk about how we can navigate through this.

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Podcast 53: There’s A New Tax for Landlords in Canada?

Why is there a new landlord tax in Canada? It's not so much the tax, it's the convoluted method of filing for this. Who is "affected" vs "excluded", and what are the "exemptions"? Once you understand this new tax, the terminology will all make sense, but really, why?

Yes it's the new 2022 UHT (Underused Housing Tax). The filing deadline already got extended once from April 30, 2023 to October 31, 2023, so up until then everyone was in panic mode trying to file on time to not get these SIGNIFICANT penalties (minimum fine of $10,000 for late filing for corporations). ON THE DAY of the extended filing deadline, they extended it another 6 months to April 30, 2024.

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Podcast 52: How to Get Commercial Real Estate Financing in 2023-2024

With an eye on recent trends and future forecasts, we address a crucial question: Is 2024 poised to be the opportune year for investing in commercial assets?

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