Sun Life’s Real Estate Arm Plans to Increase its Rental Apartment Assets

Investing in rental apartments in Canada’s biggest cities may be a smart thing to do right now. At least that’s what Sun Life Financial’s real estate investment business Bentall Kennedy sees as a good strategy. It plans to increase its multi-residential investments to 15% of its portfolio, from currently less than 10%. Although there are signs that the economy has …

If you’re torn between investing in either RRSPs or real estate, don’t be. “People have a tendency to think of either RRSPs or real estate investing for their retirement plan,” Calum Ross of VERICO told CREW. “The reality is that consumers need both.” “RRSPs are diverse and can be adjusted to accommodate different risk tolerances. They also offer certain tax …

Home Inspection Success: 16 Ways to Prepare Your Home

In general, it’s good to have knowledge of your house’s nooks, crannies, and problem spots. Here are a few things you should consider before the inspector visits your home. Any major and minor issues could cost you money off your sale price or worse — the deal itself. 1. Clear Access Ensure access to important areas of your house are …

Number of Sales up 6% in October

Toronto Real Estate Board (TREB) President Garry Bhaura announced year-over-year increases in home sales and average sale prices reported through TREB’s MLS System® in October 2018. Greater Toronto Area REALTORS® reported 7,492 sales through their system in October 2018 – a six per cent increase compared to October 2017. The average sale price for October 2018 was up 3.5 per cent on a year-over-year basis …

Picture Perfect — Real Estate Photography 101

If you are preparing your home for sale and want to help your realtor sell your home quickly for maximum dollars, start with setting up for the photo shoot. Today’s buyers are very visual and will look at photos before they will even read the wonderfully written description full of details and dynamic adjectives. The first step in this process …

7 Common Mistakes Sellers Make

1. Your property won’t sell because it’s overpriced. It is very difficult to accept that your house may not be worth as much as you think it is worth. A house is only worth as much as the last sale, of similar structure, in your neighbourhood OR what a buyer is willing to pay for a home. It is a …

Foreign Buyers only 3.4% of Toronto Home Sales

Homeowners in Toronto and Vancouver believe that foreign investors are responsible for driving home prices upwards but there are no official statistics to support this theory. “It has been a misconception among Canadian home owners for a few years that foreign buyers have been the cause of the housing shortage and escalating sale prices. However, statistics are showing that foreign …

Too Late! – SOLD – Burlington Bungalow for Sale – 1352 Dequincy Cres.

This 3 +1 bedroom bungalow is located on a quiet crescent. Professionally landscaped with plenty of green space for the kids or pets to run around. Fully finished basement with large rec room (25’8” x 12’9”) and renovated full bathroom with glass shower and granite top vanity (2010). Room for 4 cars in the driveway! Roof (2009). Close to schools, …

2 Deals in 3 hours! – Who said it was a slow market?

What a day! Started off with a list of agents to call informing them that they will be in a multiple offer presentation at 4428 Vallence Drive in Burlington. I arrived at the client’s home for the 6:00pm presentation and fortunately one of the three offers was head and shoulders above the rest and fortunately for my client, the accepted …