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Why Bidding Wars Are Still Common on Downtown Toronto Condos – with Mark Savel

In today’s episode we hear from Mark Savel - top agent with Sage Real Estate and real estate investor who shares his insights and experiences in the downtown Toronto condo market. Mark was recently involved in 2 bidding wars in the last week for downtown condos and the results may surprise you. Find out what [...]

Things are returning back to normal again

Canadians need to replace backyards with balconies Noah, Harper, Ava and Michael have typical Canadian childhoods: they hang out at the pizza joint, try not to get kicked out of the swimming pool, get into trouble for trying to smuggle a purloined Barbary sheep into their home. I want to read the full article. Toronto [...]

3 Key Stats Show That the Downtown Condo Market Will Keep Rising

Since the introduction of the new foreign buyer tax in Ontario 2 months ago the headlines in the media have been about how the market is slowing, but what is actually going in the downtown condo market might surprise you. In this episode Andrew la Fleur shares 3 key stats from the latest TREB numbers [...]

Kathleen Wynne Gives Toronto Condo Investors Yet Another Gift: $15 Minimum Wage

This week Kathleen Wynne dropped yet another huge economic bomb on Ontario by announcing minimum wage will soon go from $11.40/hour to $15/hour. This has left many businesses and pundits reeling, but how will this affect real estate investors? This economic ‘bomb’ could turn out to be a massive ‘gift’ for investors - find out [...]

Is the supply problem in the Toronto Condo Market real or just a myth?

Is there a supply problem in the Toronto condo market or is it just a myth? Recently an article in Globe and Mail suggested that we don’t actually have a supply problem but we have a lack of government intervention problem. In this episode, Andrew la Fleur takes a look at the supply side of [...]

Andrew la Fleur talks foreign buyers and the hot market on CBC Radio

Andrew la Fleur heads down to CBC headquarters for an interview on CBC Radio to talk about the Toronto condo market's hot streak, foreign buyers, and more. TRANSCRIPT Andrew: Hey, how's it going? Andrew here and I just got asked to be interviewed on CBC Radio, talk about the market, what's happening, foreign buyers, will [...]

Why prices will continue to keep rising

Experts worry about condo supply shortage The dearth of low-rise housing inventory throughout the GTA is no secret, but a sudden decline in high-rise units has now rendered that market segment lacking as well. I want to read the full article. Canadian universities see surge of international students Canadian universities will welcome unprecedented numbers of [...]

4 Reasons Why Rent Control Will Be a Good Thing for Condo Investors

The title of this blog post probably makes no sense to you. Isn’t rent control a bad thing? Is this article just click bait?   No. Rent control is honestly going to be a great thing in the long run for condo investors and I want to explain 4 reasons why this is true, but […]

Toronto Condo Market: Do we have a flippin’ problem here?

How condo flippers are making a killing in Toronto's hot housing market Inside the Toronto condo building where quick sales are earning investors up to $2,900 a day. I want to read the full article. Toronto condo market heated up in the first quarter, amid new evidence of investor flipping The Greater Toronto Area’s condo [...]

Time to cash out of Toronto real estate?

Toronto homeowners opting to lease after cashing out Toronto homeowners cashed out to capitalize on high prices – and many aren’t about to dive back in I want to read the full article. It's Time for Buffalo to Secede, and Join Canada The region does have its fast lanes and its slow lanes, though. Here's [...]

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