So here’s our pick of the week: Property is located in Newmarket, ON and is perfect for an investor. The property is currently listed for $265,000 and has a LEGAL basement apartment. Here is the math: Purchase price: $265,000Down payment: $53,000 Monthly Payment: $1,203.71Property Taxes: $ 213.29 You can rent the property out for: Basement: $700 (1 Bedroom can be …
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When is a good time to buy a property during a down market?
I get the question alot, “When’s a good time to buy real estate?” and frankly, my answer always is whenever you’re ready! This answer is usually met with a smirk which reads more like, “I was expecting you to say that since you make a living through purchase and sale!” There is no way anyone can predict when the market …
Read More »Your tools: Safe and sound
(NC)—One of the major elements in the successful performance of work around the home, both inside and outside, is the proper choice and use of tools. In this respect, the seal of the Canadian Standards Association is a reference, because it indicates that the tools bearing the seal respect the Canadian Standards of manufacturing and safety, and are equipped with …
Read More »A healthy home is a happy home
(NC)—Our home is our safe-haven. It is where we go to feel secure and protected, and the materials we choose to build our home play an important role in ensuring our continued sense of security. Masonry homes are widely recognized for providing exceptional health and safety advantages, such as superior sound insulation, maintaining indoor air quality, and mould resistance. Sound …
Read More »Pick of the week!
We’re starting a new program where we will pick listings that we think are great buys based on the following criteria 1. Properties that are in a great area to be in2. Properties that are priced at Market value (This is usually tricky in market conditions as market value keeps changing but we will try to stay current)3. Properties that …
Read More »The new face of www.HeyAddy.com
We’ve been working on a new website for the past couple of months and we’re happy to report that the new website is now ready and is being launched to the world wide inter web. Following is a comparison between the two websites visually. Old website New website There are some very noticable features that I’d like to point out …
Read More »The word “Insanity”
This will be a first! I’m not writing about real estate in my Toronto Real Estate Blog but I wanted to share some thoughts that relate to my real estate business and personal life. I’ve been using the word insanity to define a lot of things lately such as my work and my life… I even nicknamed a friend Insanity …
Read More »REALTOR.ca Launched!!!
Canadian Real Estate Association (CREA) recently launched a new Multiple Listing System for consumers which is sister to mls.ca with the url www.Realtor.ca The new website allows consumer to quickly and easily navigate to a neighborhood and see all properties currently listed to be mapped out using Microsoft Virtual Earth and can easily click on a dot (property) to see …
Read More »What’s your house worth?
One of the services I offer to my Sellers and Buyers (when purchasing) is evaluating market value of the property. How do you do that? I’m going to showcase how I evaluate properties when listing them for sale and hopefully this will help you when you’re ready to sell your house! It’s imperative to have an optimum list price when …
Read More »Month in Review – April 2008
Well, another month has come and gone (hard to imagine it’s already May with cold weather) and I’ve just posted the detailed report issued by Toronto Real Estate Board on my website. This month I wanted to take a moment and dissect the report with my online subscribers. The report, as predicted, shows the real estate market slowing down and …
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