A franchise coffee shop near my neighbourhood got listed for sale a few days ago. It operates in a leased space approximately 2100 square feet. The listing claims that it earns about $12,000 in sales per week. And it’s listed at $219,000. If you live in the area, chances are you’ve been in this coffee […]
Reduced Interest Rates & Easing of Stress Test Could Lead to Greater Price Growth… But What About the Coronavirus?
With two months into the 2020 real estate market, home sales have set a new record price for February historical sales. The average home price in February 2020 was $910,290 which is an increase of 16.7% over February 2019. February sales leaped 45.6% amounting to 7,256 — a significant increase over 2019. What’s interesting about […]
“Will you give me a cash rebate on closing if I buy a house from you?”
Many business models exist in real estate today. Full service. Discount. For sale by owner. Some business models offer buyers cash back on closing. Let’s talk about how this works and why it isn’t really an advantage for you — based on a real life example. Let’s talk about how cash back rebates work. You […]
Scarborough Condo vs. Townhouse — Which is the Better Investment?
Even though I live in Markham, Scarborough has always been on my mind as a place where there are a lot of investment opportunities. A lot of the investor clients I work with own properties in Scarborough. And prices have gone up in recent years as Toronto folk moved east into Scarborough to seek more […]
Falling in Love with Love Condos
Can you fall in love with a condo? Perhaps if it’s named Love Condos. Located at 185 Bonis Avenue in Scarborough, Love Condos is a walking distance to so many desirable amenities making it a great investment opportunity. It’s a few minutes walk to Sheppard where the new Sheppard East LRT will be. Agincourt mall […]
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