Recently a prominent Toronto condo developer publicly went on record saying that he believes condo prices will rise 30% in the next 3 years. Was he right? Was he crazy? In this episode, Andrew la Fleur shares his thoughts on this controversial opinion and where he believes the market is heading in the next 3 [...]
The Canada Pension Plan just invested another $1.4B into student housing, this after already investing $2.8B a few months ago in 2015. Student housing is clearly a growth segment of the market, and new projects are popping up all the time in Ontario, but how do you know which projects are the safest to invest [...]
The OECD recently said that Canadian real estate prices are overvalued by 33% based on price:income ratio. Will Dunning is an economist who noted that when you use the same premise, you come to the conclusion that rents are undervalued in Canada by 36%. Could this be true? We take a closer look in this [...]
Ryan Rabinovich made his first condo investment when he was just 21 years of age. His friends all told him he was crazy and he nearly listened to them. Now 12 years later Ryan is VP of Sales for Freed Developments (#1 in GTA for sales for 2015) and he still owns that little condo [...]
What separates the most successful real estate investors from those who are not often comes down to mindset. In this episode, Andrew la Fleur talks about some of the keys to success for the first time investor, and we get to hear about how Shane - one of Andrew’s recent clients - made the leap [...]
David Choo came to Canada from Guyana in 1971 to study at Carleton University. He stuck around and now he’s one of Ottawa’s top real estate developers. An engineer by training, David has built over 6000 homes as President and Owner of Ashcroft Homes. Always the visionary, David now has his sights set on the [...]
In this episode we talk about the 4 fastest selling condo projects of the past year in Ontario and what they all have in common: they are all student-oriented condo buildings and they were all 100% sold out within a few weeks of launching. Coming up next is Capital Hall condos in Ottawa which offers [...]
My old uncle said something very interesting to me recently when discussing current world events like the Greek crisis, Chinese economy losing steam, and low oil prices: “You have to think in centuries”. These things are all small blips on the radar in the bigger picture of world events and history. And the same is [...]
One of the most common questions that I get asked from first time condo investors is will I be able to rent out my condo once it is complete? In this episode I look at the latest numbers from Urbanation on the Toronto Condo rental market from Q2-2015. The bottom line is that the condo [...]