By: David Ruff

Toronto Condo Market Report September 2021

Tags: MARKET TRENDS, HOMES IN TORONTO, HOUSE PRICES, PROPERTY INVESTING, HOMES FOR SALE

  SALES COMMENTARY AFFORDABILITY in housing and not sale numbers has taken over the real estate discussion for most people with the politicians jumping on board. For 2021 year-to-date, the number of sales under $600,00 was 13,049 units or 15% of total sales on TRREB. In 2020 to the end of August, the numbers were 13,437 and 23%. While the drop-in units sold was just 3%, for the same peri...Read More

By: David Ruff, RE/MAX

Market Update

Tags: Market Trends, Homes in Toronto, House Prices, Property Investing, Homes for Sale

  Toronto Condo Market Report SALES COMMENTARY As we previously forecasted, sales in July continued to slow from the previous month. TRREB reported 9390 sales, down 15% from July of last year and 15% from June. On the other hand, July sales were the biggest since 2016 for the month. Looking forward, we expect August sales to be even lower than July. The true test of sales activity will be ...Read More

Be Ahead in Investing on the Sleepy Part of Front Street

By: David Ruff

Be Ahead in Investing on the Sleepy Part of Front Street

Tags: Property Investment, Condo Investment, Property Value

In this article, I’m going to share with you a quick tour around the sleepy part of Front Street, the area between Spadina Avenue and Bathurst Street. This area is surrounded by high-rise buildings. You will find here the Minto Westside Condo that was famous for handing out free cars with the purchase of a unit back in 2015. That is why this condo currently has a lot of renters in it. The w...Read More

Owners vs. Renters: The Advantage of Knowing the Numbers in a Given Area

By: David Ruff

Owners vs. Renters: The Advantage of Knowing the Numbers in a Given Area

Tags: Property Value, House Price, Home Buying

If you’re going to buy a house, make sure that you have an idea of how many owners versus renters there are in the area you choose. This is beneficial for you since you will know how many people living in that building or area take better care of their place. Why would that affect you? Just think about it. What if you’re in an area that has a high number of renters? What happens?...Read More

3 Important Things to Consider Before Buying a House

By: David Ruff

3 Important Things to Consider Before Buying a House

Tags: home buying, home renovation, location

Choosing the perfect place to live in is a big decision and investment so you want to make sure you do it right. Here are the three things you need to know before you start going out to buy a house: 1. Find Out the Area You Want to Live In. Toronto is called “The City of 99 Neighborhoods” and there’s no way you can visit all of them. So here is a pro tip, go into the local Tim ...Read More

Is the Canadian Government Coming after Your Money?

By: David Ruff

Is the Canadian Government Coming after Your Money?

Tags: economy, finance

Can the government push you to spend your money to drive the economy?   Is the government actually coming after your money? This is a scary issue that stirred the minds and hearts of every Canadian. Besides that, I think it’s really important for all the Canadians and people of the world to look at multiple income generating options to recover from this pandemic. Let’s talk about...Read More

Why it’s Ideal to Buy Properties Near a Hospital

By: David Ruff

Why it’s Ideal to Buy Properties Near a Hospital

Tags: Home BuyiNG, PROPERTY VALUE, LOCATION

If you’re buying real estate properties for investment, then go for those located near hard assets like a hospital. Have you heard or seen people doing tear downs and builds in some areas of Toronto, such as those near Michael Garron Hospital? You can apply this principle by purchasing an old property or house, demolish it, and then make a new one that's ideal for your family, or a...Read More

Are Corner Lot Properties Ideal?

By: David Ruff

Are Corner Lot Properties Ideal?

Tags: Home Buying, Property Value, location

Corner lots and properties receive both praises and gripes from buyers and realtors. The final choice rests upon you and on how you can make the most out of it. Why You Should Choose a Corner Lot Depending where you are in the suburb, you may not want to be in a corner house. But the types of homes that you should look for are those small, one-floored houses. Realtors and homeowners have their ...Read More

3 Ways the Government Helps You Make More Money on Properties

By: David Ruff

3 Ways the Government Helps You Make More Money on Properties

Tags: Home Selling, Property Values

Printing more currency, low interest rates, and more people coming into the country.   The Canadian government has told you how to make a lot of money. Here are the three main reasons you can make more money on properties: Devaluing the currency by printing hundreds of billions of dollars. Your mortgage will never go up, but the asset will. Free money. This is one great impact on the ...Read More

The New Canada Mortgage Stress Test in 2021

By: David Ruff

The New Canada Mortgage Stress Test in 2021

Tags: mortgage, home buying, stress test

This stricter mortgage stress test will make your dream home a feat in 2021.   Have you heard about Canada’s new mortgage stress test? It’s mainly a way of knowing if you can surely pay your mortgage even if the interest rates go high, or there’s a sudden decrease in your financial health.The bank eventually lends you less money to ensure you can pay off your mortgage even w...Read More

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