Navigating the Preconstruction Assignment Market: Opportunities in Every Market The preconstruction assignment market has taken a dramatic turn, as highlighted in a recent Globe and Mail article. Once a haven for real estate speculators, this market segment now finds many investors facing steep losses and tough decisions. While the challenges are undeniable, Angelo and I believe there are opportunities for those who understand the market and are ready to seize them. What’s... [read more]

Bank of Canada’s Rate Decision: Stimulus vs. Risks The Bank of Canada’s December 11 rate announcement is creating buzz, with most analysts predicting another oversized interest rate cut. If they proceed with a 50-basis-point reduction, the policy rate will drop to 3.25%, a level designed to neither stimulate nor restrain economic growth. Why a Big Cut is Expected Inflation is now at the central bank’s 2% target, GDP growth fell short of forecasts in Q3, and... [read more]

Understanding the 2025 Ontario Rent Increase Guideline: What It Means for Tenants and Landlords The Ontario government has capped the rent increase for 2025 at 2.5%, the same rate as the previous two years. For landlords and tenants alike, this sets clear expectations on rent adjustments for the year ahead. Let’s dive into what this means and our thoughts on navigating this process. What is the Rent Increase Guideline? The 2.5% guideline is the maximum percentage... [read more]

Condo Buyers Should Always Review Status Certificates Today's Globe and Mail features a $75,000 court judgment against a Toronto condo corporation in the case of Gonzales v. York Condominium Corporation No. 242. The case highlights a serious issue: the importance of reviewing condo status certificates carefully before making a purchase. Justice Robert Centa called the condo corporation's actions a “shocking abuse of trust and power,” pointing out the risks... [read more]

Selling Your Home in Today’s Toronto Market: How Sellers in Desirable Neighborhoods Can Succeed   A recent article in The Globe and Mail (November 18, 2024) shared the story of a five-bedroom home in Deer Park, Toronto, that sold in just five days. Listed at $2,195,000, it closed at $2,138,000—a testament to the power of timing, smart pricing, and showcasing the right features. This success story highlights strategies that work, and it’s exactly how Angelo and I... [read more]