@Urbanation, the authoritative source for information on the #GTA real estate market, just released their quarterly… https://t.co/ee0PqiF03o
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Ryan Coyle, Managing Director and Partner at Connect Asset Management is one of Toronto’s leading experts in condominium investing. Ryan has a distinguished track record that goes back over 20 years and a personal portfolio with over 30 condominiums.
A Partner of the “Insider Condo Club”, Broker with “The Condo Store Realty Inc.” and over $1 Billion in real estate transaction made since 2004. Ryan enjoys skiing and Toronto’s professional sports franchises.
Matt Elkind, Partner at Connect Asset Management was named Canadian Real Estate Wealth Investor of the Year 2015. Matt left a successful career as an investment advisor to join ‘The Condo Store Realty Inc.’ and became the Managing Director of the ‘Insider Condo Club’ where he invested in all types of real estate from commercial, development, pre-construction condos to multi-unit residential.
Now boasting a rich portfolio with over 20 properties and with over $1 Billion in real estate transaction made, Matt continues to help new investors realize their goals and plan for a successful future through real estate.
Riverside Residences is a new single family home development By Fernbrook Homes currently in preconstruction at 1780 Lawrence Avenue West, Toronto. The development is scheduled for completion in 2020. Sales for available units range in price from $799,990 to $1,020,900. Riverside Residences has a total of 88 units. Sizes range from 1691 to 2521 square feet.Learn More
11 Yorkville is a new condo development By Metropia , RioCan Living and Capital Developments currently in preconstruction at 11 Yorkville Avenue, Toronto. 11 Yorkville has a total of 680 units.Learn More
The Kings Mill at Backyard Condos is a new condo development By VANDYK Group of Companies currently in preconstruction at 150 Berry Road, Toronto. Sales for available units start from $389,990.Learn More
Willowdale East, Toronto
Kenneth Holmes Urban Townhomes is a new townhouse development By Fieldgate Homes currently in preconstruction at Kenneth Avenue, Toronto. Sales for available units start from the $500,000s. Kenneth Holmes Urban Townhomes has a total of 29 units.Learn More
United Kingsway Condos is a new condo development By Fieldgate Urban currently in preconstruction at 2915 Bloor Street West, Toronto. United Kingsway Condos has a total of 90 units.Learn More
Paris Riverside is a new single family home development By Fernbrook Homes currently in preconstruction. With prices for these Paris, ON homes starting from the high $500's, this is the perfect release for those seeking a great commuter home an hour outside Toronto. The surrounding green space of the rolling forest hills and the Grand River are absolutely a sight to behold.Learn More
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This week we see that despite the increase in unemployment rates overall, the real estate job market continues to boom in Canada.Read Article
This week we see condo sales numbers near an all-time high, particularly in the suburbs of Toronto.Read Article
This week we see Toronto continue its trend of building “mega-developments” with the announcement of Oxford’s Union Park project.Read Article
Last week we saw vacancy rates in Toronto rise (ever so slightly!), which might mean that rental rates will likely level off (and perhaps even come down… ever so slightly). Hamilton makes headlines again as we see the city becoming more of a metropolitan area with new condos that are very popular for young individuals and first-time buyers looking for low-cost city living when compared to Toronto. And we have great news for variable mortgage holders with Bank of Canada maintaining its interest rate!Read Article
You may have heard some of the recent reports stating that a good chunk of Toronto Condos have a negative carry; meaning the inward cash flow on a property—the money received from rent—does not cover the cost of mortgage and condo fees at the end of each month. If you know what you’re doing, negative carry is hardly a concern.Read Article