July 2019

Found 4 blog entries for July 2019.

  This week is all about debunking pre-construction condo myths to help ease your concerns about investing in pre-construction.  

All Work, No Play

One of the main misconceptions is that being a landlord is a lot of work and that you are constantly having to visit properties and dealing with tenants. Because these are brand new condos, there is very little if anything at all that you need to worry about. When owning a freehold home, there is a lot more maintenance involved like landscaping, snow removal, and dealing with expensive issues like frozen pipes, updating your air conditioning, fixing your roof, etc. When it comes to a brand new condo in Toronto’s core, you remove most issues you would have with a freehold home. Tenants may…
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In the last blog we listed some of the buildings being developed in Toronto’s core. This week we’re taking a closer look at the companies moving in. These companies have high paying jobs that are going to be employing the individuals that will be renting or purchasing your investment properties.

Who's Moving In?

Think Research will be an anchor tenant in a building called The Shift at 25 Ontario Street. They are a leading digital health care platform provider and are moving their headquarters into this building, occupying almost 90,000 square feet with over 500 staff members. The CEO has accredited the exponential growth they’ve been experiencing to being based in Toronto.

Shopify, a massive e-commerce company, will be moving in at Spadina

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Last week we talked about not only residential vacancy rates but office vacancy rates being at an all-time low in Toronto as well, currently being at 2.6%. As promised, this week we are diving deeper into non-residential space developments in the downtown core of Toronto, including commercial and office spaces, hospital developments, etc. Though these massive developments can seem a bit overwhelming, it’s important to remember that the companies building and moving into to the downtown core are represents high-paying jobs which will be filled by the people who are going to live in your investment condos and pay the high rents.  

What’s Coming

The City of Toronto website, www.toronto.ca, provides a detailed list of all non-residential…
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Making Headlines

Have you seen the headlines? A study released by Ryerson University’s Centre for Urban Research and Land Development has declared Toronto as the fastest growing city in North America. Yet, new home sales are down. What’s up with that? 

We’ve already discussed the population growth in Toronto and how it’s a population centre in Canada. This week we’re going deeper into why as real estate investors or aspiring real estate investors this new headline and the growth of this city and its surrounding areas is good news.

We’re Number One

From July 2017 to July 2018, not only is Toronto first on the "population growth by city" (chart below) with a growth rate of 77,435, it had more than 3 times the growth rate of Phoenix,

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