August 2019

Found 3 blog entries for August 2019.

  Recently a client approached me and asked if investing in a large condo in Toronto would be a good investment. The unit they were looking at is between 1,600 to 1,700 square feet and selling for about $2.3 million. They plan on living in the unit but wanted to know what the long-term prospects for the property were.    Let’s put this into perspective. We’ve talked about all the major companies moving their headquarters to downtown Toronto and some of the developments being built to accommodate the massive increase in population. Some of these professionals are executives earning high salaries that require larger living spaces. They could be downsizing or rightsizing and want to be close to the office base. Perhaps they’re coming from…
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  Today we're shining a spotlight on the Galleria On The Park project, a development located at Dupont street and Dufferin street by ELAD Group, a multinational firm with development projects in North America, Europe, and Israel. Their market share value approaches nearly 2 billion dollars and their strong reputation definitely proceeds them. In Toronto, they’re most known for their Emerald City development which is another master planned community near completion in North York. Because of their scale, how well healed they are, and their constant need to deploy capital and create value for shareholders, they focus on creating large communities.  

Galleria On The Park

The Galleria On The Park development is their next project, another…
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First Impressions

There are many things you can do to maximize the value of your unit. The first being creating the best first impression for your prospective tenants/buyers by staging the unit. Think of it as going on a first date. When meeting someone, you form an opinion of them within the first five minutes. Same applies to a prospective tenant or buyer walking through your unit for the first time. Staging your space is a crucial part of raising the value of your unit.    What’s involved in getting your unit into that first date condition? More goes into it than you may think. No two listings are ever the same as every situation is different. Some owners live in the unit and keep it in immaculate condition and have good quality…
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