Category: Toronto New Condo Investment Posts

Category: Toronto New Condo Investment Posts Analysis of condo investors in Toronto, a new study reveals

  What are the characteristics of the new pre-construction condo buyers in Toronto’s property market? These buyers buy out the most and best condo units in the condo building towers during the pre-sales period from the hundred of new condo builders across Toronto area.   Close to 50 per cent (50%) of the mortgages then rent their condo units to the existing large pool of available renters by leasing their units. An acute shortage of available apartment rental units is existing in the Toronto area for more than ten (10) years.  The vacancy rate of rental apartments in the Toronto

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Category: Toronto New Condo Investment Posts Toronto Condo owners made large capital gains and almost half in negative cash flow

  Toronto Condo owners made large capital gains. Close to 50 per cent of all investors who bought condominiums completed in the Toronto area in 2017 are not making enough rent to cover their carrying costs, despite finding exceptional gains on the value of their properties, a new study reports.   Close to 44 per cent of investors who took possession of new units in 2017 were in negative cash flow — that is their rental income was lower than the amount needed to cover their mortgage payments and condominium fees, according to the study by CIBC and Urbanation, a

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Category: Toronto New Condo Investment Posts Growth for more New Condos in 2016 and 2017 in Bloor-Yorkville

  Once a refuge of hippies, artists, and folk singers, Yorkvillle has transformed over the last forty years to become one of the city’s toniest neighbourhoods, home to the country’s most expensive commercial real estate, along with some of the city’s best restaurants and hotels, and at its northern periphery, to some of the most well-kept Victorian row-homes in Toronto. Eminently walkable, and well served by transit, this beloved Toronto neighbourhood has become a nexus of wealth and style, with condo and home prices that very much reflect its ever-increasing exclusivity. This edition of our Growth to Watch For series

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Category: Toronto New Condo Investment Posts Growth to New Condo units in 2016 and 2017 in Downtown Toronto North

  In this edition of our Growth to Watch For series, we will take a tour of Downtown North, a relatively small, yet rapidly intensifying area of Toronto defined by the University, Bay, and Yonge Street corridors from Charles to Gerrard. Neither as jam-packed with tourists and day-trippers as the Downtown Financial Core to the south, nor as glitzy as Bloor-Yorkville’s Mink Mile to the north, Downtown North has long served a mixture of more staid urban usages. To the west, Hospital Row, the University of Toronto, the Ontario Legislature, and several government ministry buildings of Queen’s Park have defined University Ave,

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Category: Toronto New Condo Investment Posts Home Price market correction will begin soon – National Bank

  Vancouver’s detached home prices will fall 20 per cent over the next year as the number of homes changing hands in the city continued to plunge, National Bank Financial said in a report on Friday. “In the case of vehicles of Vancouver, we consider a price correction are now beginning soon ,” National Bank economist Marc Pinsonneault said in research reports. While a correction of that magnitude sounds dramatic, the bank characterizes it as “moderate” made how high prices have clambered in the city. In his report, Pinsonneault said Ottawa’s new mortgage regulations will have a cooling effect, but

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Category: Toronto New Condo Investment Posts 330 Richmond St West, Toronto – New Condo Investment

You are invited to a First Release VIP Condo Event on Saturday February 27th, 2016 for: City Suites By Greenpark.  One Day Only.  Suites starting from $287,900*.  A 5 Star Luxury Condo right in the heart of Downtown Toronto. * Representations and information contained herein do not form part of any Agreement of Purchase and Sale. Hersh Condos Inc. Brokerage, Petaluma Building Corp, do not warrant or represent any or all of the figures and statements above. No placement of mortgage is guaranteed and it is the responsibility of each purchaser to arrange suitable financing. You are advised to verify

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Category: Toronto New Condo Investment Posts 522 St Clair Ave W, Toronto – SOLD – New Condo Investment Opportunity

    You Are Invited To A VIP Condo Event For: The Investor Suites at Forest Hill ONE NIGHT ONLY Own For $10,399*  Incredible Deposit Match Program* Investors: Earn 18.7% Return Per Year* Suites Starting From The 300’s 7 PM  Wednesday November 25th 2015 To RSVP, please complete “Contact Max” form below and send email with your name and cell phone number and please mention ” VIP Condo Event For The Investor Suites at Forest Hill on November 25th” or contact Max Seal, Broker at 647-294-1177 directly. Prior “Investment Presentation” can be arranged in our “Presentation Office”. I look forward to seeing you at the event.  

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