Tag: ontario
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The Revival – Jan 2020: PROJECT REPORT
On December 19, 2019 we closed on another property in Peterborough, ONT. We purchased the property with a co-venture partner for $300,000. At the time of purchase the house was a 3 bed, 1 bath with living, dining and large kitchen. The home was in need of some love, but had solid bones and sat…
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Crystal Balling: Back and Forth
Many insiders sense that Toronto real estate prices are going to soar in 2020. If December 2019 is an indicator, then things are trending in their direction. Toronto home prices saw a nearly 12% jump and with fewer days on market (compared to 2018.) The market is clearly showing what I’ve been saying to clients…
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Middle Class Angst
As outlined in a recent Financial Post article, Middle class net worth has nearly doubled in the past 17 years. What makes up the vast majority of middle-class wealth? Not savings, nor bonds or stocks; it is real estate (usually in the form of people’s homes.) “Most of this wealth wasn’t in financial assets, of course.…
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All time high home prices: Peterborough
Article from the Peterborough Examiner stating the data. We are seeing the same results with our clients and their property values increasing! We feel that this trend is just heating up and with the completion of the 407ETR (due to finish in spring 2020) we will continue to see this rising tide lifting all boats……
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Build or buy a tiny home
Read Ontario’s guide on what to look for when building or buying a tiny home for your property. Read more here >>
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Peter(borough), Paul and Mary
Why is EVERYONE talking about peterborough all the time???? Ok, they aren’t. But we are! And heres why: As real estate investors we are always watching for a city about to have a boom (increase in property value!) Peterborough has a lot of things going for it in this regard. Peterborough benefits from having a…
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Peeking under the kilt…BRRRR
What do we do here? Our first project began in the spring of 2012 in downtown Toronto. The strategy we employed has become one of our favourites; we purchased a run-down, single-family home that was then converted to a duplex. We then rented both units to qualified tenants which produced massive monthly cashflow. Finally, we…
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The Future According to ReMax
Remax recently shared their opinion of 2020 in many of Canada’s real estate markets. Their outlook for 2020 is rosy. Some of the more bearish amongst us may not be buying the positive outlook. However, us real estate investors are eagerly anticipating these nice, steady bumps. Of course it must be mentioned (for some); This…