Richmond Hill Real Estate Listings & Homes for Sale - Investing

Five Essential Tips for Canadian Real Estate Investors

Jasmina — Thu, 22 Nov 2007 20:03:51 -0500

Real Estate Investment expert Don Campbell, author of Real Estate Investing in Canada and 97 Tips for Canadian Real Estate Investors, has several do’s and don’ts for existing and aspiring Real Estate Investors:

Study the market before you take action.
Never speculate, always invest.
Don’t invest in a property just because it seems cheap.
Follow a long-term system.
Focus on cash flow, not equity appreciation.

Read further details in Globe Investor Magazine Online.

Spacious 3 Bedroom North York Townhouse for Sale on Don Mills near Seneca College

Jasmina — Thu, 24 May 2007 22:37:38 -0400

This Bright & Spacious 3 bedroom townhouse is located in a quiet neighbourhood close to Seneca College, A.Y. Jackson School with easy access to TTC, GO Transit, Highways 404 & 401, Shopping & Walking Trails. Check out the Photo Gallery!

Features

Two Separate Entrances.
Spacious End Unit with Private Patio.
Indoor Pool, Recreation Room, Sauna & Exercise Room in the SAME building.
Kitchen & 4PC Washroom Totally Renovated in 2003.
Laminated Floor Throughout.
ALL utilities and cable included in $642.64 maintenance fee.

Residential MLS Average Price of Greater Toronto Area Homes rose by 290 per cent!

Jasmina — Sun, 04 Feb 2007 11:09:37 -0500

The average price of an existing GTA home rose by a compound interest of 5.6 per cent a year or 290% from $90,203 in 1981 to $351,941 in 2006!

Home ownership has always been more a necessity of life than an investing vehicle, but Real Estate has proven to be one of the most stable long-term investments there is. It is your guarantee of retirement security. It is far better to own your own home than rent, not only for the pride of ownership but because it is your only long-term hedge against inflation. With rental rates increasing constantly, there is no guarantee you will be able to afford them as the years go by.

Real Estate values in major Canadian cities post extraordinary gains, finds Re/Max report that tracks Residential MLS price appreciation in the past 25 years:

Toronto

Toronto Real Estate Board: Average price in 2006 rose five per cent making home-ownership a sound investment

Jasmina — Sun, 07 Jan 2007 21:36:16 -0500

Year ends with a strong December

TORONTO, January 4, 2007 -- Resale housing activity in December increased by four per cent compared to the same month a year ago, Toronto Real Estate Board President Dorothy Mason announced today.

Year-over-year, the average price in 2006 rose five per cent over the $335,907 recorded in 2005 to $351,941. “This means that prices continue to outpace inflation, making home-ownership a sound investment in today's economy and invariably in the long term”.

“The market is on solid footing and is in excellent shape heading into 2007,” TREB’s President said. The winter season is an excellent time to be active in this healthy market, whether starting out as a first time buyer or making a move to a different home.”

Off-campus Rental Housing Search: Seneca College - Newnham Campus (Don Mills & Finch)

Jasmina — Sun, 07 Jan 2007 02:11:00 -0500

Newnham Campus is the academic and administrative centre of Seneca College. It located on the north side of Finch Avenue between Don Mills & Hwy. 404.

Seneca College Housing Registry web site assists students in locating affordable housing. It provides

It lists Estimated Rental Costs per month and defines five main Off-Campus Housing types:

The rent could pay most of the mortgage

Jasmina — Sat, 06 Jan 2007 22:48:25 -0500

TheStar.com - Athome: FIRST-TIME BUYER:

Sandra Rinomato a host of HGTV's Property Virgins agrees with that. "Real estate is a fantastic investment. It's important to diversify, but I think everyone should have it in their portfolio," she says. "Conservatively speaking, real estate equity goes up by 5 per cent each year in Toronto. That means that just by having the house they'll have made money." The fact that the house has rental units is an added bonus. "Six hundred dollars in monthly rental income will carry $100,000 worth of mortgage based on a 25-year amortization period," she adds. "Twelve hundred dollars can carry $200,000, and so on. "What that means is that with two rental units in the house and the right market rent (Olga) could still own her home if extenuating circumstances like a job loss intervened."