The best month to sell your home in Toronto and how to get it ready for top-dollar

By: Alvaro Mallarino MBA, CFA

The best month to sell your home in Toronto and how to get it ready for top-dollar

Tags: Sell your home

    Conventional wisdom has taught us that spring is the best time for real estate, mostly because of the pent-up demand from the winter months.  Based on the statistical data below, May and October have the highest average sales price and the shortest days on the market. May is an attractive month for buyers because closings generally take place 60 to 90 days after the deal is si...Read More

Can I really buy a home with a $25,000 down payment?

By: Alvaro Mallarino MBA, CFA

Can I really buy a home with a $25,000 down payment?

Tags: Buying a home with a $25,000 downpayment

So first things first, a down payment for a property is typically expressed as a percentage, is calculated as the dollar value of the down payment divided by the home price. Ignoring your income and debt levels, you can infer your maximum purchase price based on the size of your down payment. In Canada, the minimum down payment is a sliding scale.  If the purchase price is less than $500,0...Read More

Pre-construction condo guide

By: Alvaro Mallarino MBA, CFA

Pre-construction condo guide

Tags: Pre-construction, condo, guide, real estate

    REAL ESTATE NEWS / NOVEMBER 2019 ISSUE State of the market in October 2019 Pre-construction projects can certainly be a sound investment, especially when you are strapped for cash for the down payment. However, there are many aspects to consider before diving into the purchase. Talking to an independent real estate professional is always ...Read More

The neighbourhoods in Toronto where gentrification is taking place

By: Alvaro Mallarino MBA, CFA

The neighbourhoods in Toronto where gentrification is taking place

Tags: Gentrification

  First of all, what is gentrification? As per the Oxford dictionary, gentrification is the process of changing an area, so that it is suitable for, or can mix with, people of a higher social class than before. So what is causing gentrification in Toronto? A combination of factors is fuelling this process, the main reasons however have been the incredibly low interest rates as well as the f...Read More

The story of a happy seller client

By: Alvaro Mallarino MBA, CFA

The story of a happy seller client

Tags:

A couple of weeks ago, a client of mine called me saying he was ready to sell his home. He took some advice from my newsletters, and had already done some updates to the house, so it was in show ready condition. Upon my visit and after a brief conversation he asked if I could sell the house in two weeks. I said yes, of course it could be done. But then I asked him if there was any rush to sell, an...Read More

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