Get the Andre Advantage

Call 416–662–1001
 
I have listed a new property at 513 68 Broadview AVE in Toronto.
Authentic Hard Loft In The Sought After Broadview Lofts Features Polished Concrete Flrs, Exposed Brick, Factory Style Windows & Soaring Post & Beam Ceilings. Kitchen W/Quartz Counters Includes A Reclaimed Wood Island & The Updated Bthrm Has Custom Walnut Vanity & Shelving. This Is A Welcoming Open Plan Living Space That Is Inspiring & Perfect For Entertaining. Steps To Shops & Eateries Of Riverside/Leslieville*Quick Access To Transit, Downtown, Dvp & Trails
Read Full Story
I have listed a new property at 409 116 George ST in Toronto.
Spacious One-Bedroom + Den In St Lawrence Market. 10 Minute Walk To Financial District, Downtown, Restaurants, Pubs, Shopping. Great Layout Looking North And Not Into Another Building. Engineered Laminate Wood Flooring, Spacious Kitchen With Extended Cabinets & Pantry. Unit Has Balcony And Building Has Amazing Rooftop Patio With Bbq's, Loungers, Great City Views! Convenient Same Floor Locker. Parking Included. 24 Concierge/Security, Gym, Party Rm.
Read Full Story

Yesterday the province released it’s Fair Housing Plan, which is being marketed as the Provinces attempt to bring stability to the housing market by increasing supply, and protecting buyer’s and renter’s. Ultimately the main issue in our market is one of supply and not of foreign buyer’s snapping everything up, but people wanting to live in the area and buy a home. Unfortunately this plan isn’t likely to do much on the supply side.

 

Here’s the coles notes version of what is proposed:

 

  • A 15% non-resident speculation tax on homes in the Greater Golden Horseshoe for people that are not citizens or permanent residents of Canada. The new tax will only apply to the transfer of land with one to six single family residences (i.e. detached, semi-detached, townhomes and condos). The trax comes in effect today (April 21, 2017). The tax can be rebated for those who later attain citizenship or permanent resident status.

 

  • Expanding rent control to private units built after 1991. Rental increases will be dictated by the Province and their annual rent increase guideline.

 

  • The Province will develop a standard lease document to be used by landlords and tenants. In particular they plan to tighten the provision in the Residential Tenancies Act that allows an eviction of a tenant when it is for the “landlords’s own use.”

 

  • Creating a program to leverage surplus provincial land assets across the province for the development of affordable housing.

 

  • Enabling the City of Toronto and potentially other municipalities to introduce a vacant homes property tax. The purpose of which is intended to get the owners to either sell or rent their properties outs, thus adding them to the housing stock.

 

  • Reducing the property tax rate on multi-residential apartment buildings so it’s inline with other residential properties.

 

  • Introducing a $125-million five year program to encourage construction of new rental apartment buildings by rebating some of the development charges.

 

  • Empowering municipalities to use property tax rates to unlock development opportunities (i.e. imposing higher taxes on vacant land).

 

  • Creating a Housing Supply Team made up of provincial staff who will work with developers and municipalities to find solutions to issues facing (holding up) specific housing development projects.

 

  • Targeting issues of tax avoidance and speculation in the housing market of “paper flipping,” or as it’s called in the industry, assignment sales.
  • Developing new rules and practices for real estate agents to ensure consumers are represented fairly (it’s about time!!!!). One of the targets identified is multiple representation (double ending) as well as increased standards.

 

Post CommentComments: 0Read Full Story
I have listed a new property at 278 Logan AVE in Toronto.
This Luxurious Leslieville Home Has Undergone A Complete Renovation To Create An Exceptional Lifestyle Opportunity. Designed For Low-Maintenance Living, You'll Enjoy A Superior Flr Plan For Entertaining, Quality Finishes & Designer Details. Featuring A Chef's Kitchen, Mstr W/Ensuite, High Ceiling Finished Bsmt, Landscaped Fenced Yard & An Abundance Of Natural Light. Located In The Highly Ranked Morse School District & Steps To The Best Of Leslieville.
Read Full Story
I have listed a new property at 307 90 Sherbourne ST in Toronto.
Welcome Home To Truly Authentic Loft Living In The Imperial Lofts! Corner Unit Provides Plenty Of Natural Light Through Large Warehouse Style Windows. Beautifully Maintained Exposed Brick With Natural Wood Beams Bring You Back In Time. Attention To Detail And Design Throughout Complements Features Such As 10.5 Feet Ceilings And The Original Hardwood Floors Installed On A Diagonal.Fantastic Layout Allows For A 2nd Bed If Desired To Complement The Full 2 Baths.
Read Full Story
I have listed a new property at 1028 1 Shaw ST in Toronto.
Charming Airy Loft Style Unit In D.N.A. Outstanding Panoramic View Of Toronto Skyline That Will Remain Forever! Approx. 600 Sq.Ft. With 9 Foot Ceiling, Sliding Walls To Open/Close Living Room From Bedroom. Very Cool! Open Kitchen With Gas Stove, Centre Island. Spacious Bedroom With Walkout To Balcony & Gas Line For B.B.Q. Hookup! Prime King Street Location With Grocery Store, Coffee Shops & All The Neighbourhood Convenience You Need Within Walking Distance.
Read Full Story
I have listed a new property at 310 188 Eglinton AVE E in Toronto.
Welcome To The Loft You've Been Waiting To Call Home! Rare Find In Midtown, Community Is Key In This Intimate Boutique Building Within Walking Proximity To Everything You Want Or Need! Open The Door And Be Greeted With 11' Ceilings, A Bright Interior & A Well Laid Out Floor Plan. Tons Of In-Suite Storage Means Neat & Tidy Is Easily Had. Great Building Amenities Include Rooftop Terrace With B.B.Q.'S, Fully Equipped Gym, Lounge Area. This Loft Is A Must See!
Read Full Story
I have listed a new property at 1101 60 St Clair AVE W in Toronto.
Very Desirable & Well Appointed 2 Bdrm, 2Bthrm Unit W/Parking & Locker In An Upscale Boutique Building. The Split Level Flr Plan Provides A Well Laid Out Space W/Hrdwd Flrs Throughout & Upgraded Kitchen W/Granite Counters & Stainless Steel Appliances. An Abundance Of Light & Unobstructed Views Create A Warm & Inviting Space. This Is The Perfect Unit For Professionals Look To Enjoy A Prime Yonge & St Clair Location Which Is Steps To The Subway, Shops & Cafes.
Read Full Story
I have listed a new property at Th 12 30 Roehampton AVE in Toronto.
Rarely Available Two-Level Unit In The Highly Desirable 30 Roe! Townhouse Style Living Within The Comforts & Spoils Of Luxury Condo Living. 10 Foot Ceilings Greet You On The Main Floor Letting In An Abundance Of Light. 155 Sq.Ft. Terrace With Gas B.B.Q. Line & Water Perfect For Outdoor Entertaining. 9 Ft. Ceilings Upper Level Has Spacious Master Bedroom With Walk-In Closet & Balcony. Large Den Easily Used As 2nd Bedroom. Enjoy Midtown Living At Its Finest!
Read Full Story
I have listed a new property at 3505 56 Annie Craig DR in Toronto.
Live By The Lake In This Brand New 2Bd, 2Bth Corner Suite With Nearly 300Sqft Of Outdoor Living Area. Enjoy Contemporary Design In A Light-Filled Space W/Forever Views. The Modern Kitchen Includes S.S. Appliances, Centre Island W/Breakfast Bar & Quartz Counters & The Master Features An Ensuite. This Is A Lifestyle Opportunity To Move-In & Enjoy Exclusive Amenities Including The Lago Club, H20 Centre, 24Hr Concierge & Much More.
Read Full Story
I have listed a new property at 3505 2167 Lake Shore BLVD W in Toronto.
Live By The Lake In This Brand New 2Bd, 2Bth Corner Suite With Nearly 300Sqft Of Outdoor Living Area. Enjoy Contemporary Design In A Light-Filled Space W/Forever Views. The Modern Kitchen Includes S.S. Appliances, Centre Island W/Breakfast Bar & Quartz Counters & The Master Features An Ensuite. This Is A Lifestyle Opportunity To Move-In & Enjoy Exclusive Amenities Including The Lago Club, H20 Centre, 24Hr Concierge & Much More.
Read Full Story
I have listed a new property at 145 Hamilton ST in Toronto.
Get On The Property Ladder W/This European Inspired Semi In Riverside. High Ceilings & Lots Of Natural Light Provide A Loft-Like Feeling That Is Warm & Inviting. Cozy Up By The Fireplace Or Entertain Friends In The Open Concept Dining Area While You Showcase Your Culinary Talents. The Mstr Retreat Is A Great Size & The 2nd Bdrm Features A Private Rooftop Deck. You'll Love The Location W/Easy Access To Transit, Downtown, Highways & Eateries Of Queen E
Read Full Story
I have listed a new property at 202 Boadway CRES in Whitchurch-Stouffville.
Own A Brand New, Never Lived In Home In This Family Friendly Neighbourhood. An End Unit, This Full Brick Townhome Is Like A Semi & Features Lots Of Windows To Provide A Light-Filled Interior You'll Love Coming Home To. A Premium Pool Sized Lot (46X183) Is One Of The Lrgst In The Area & An Ideal Spot For The Kids To Play. Enjoy A Lrg Mstr Retreat W/Ensuite & W/I Closet. The Bsmt Family Rm Is Spacious & Includes Lots Of Storage, Natural Light & Bthrm Rough-In.
Read Full Story
I have listed a new property at 119 Hamilton ST in Toronto.
This Sun Filled Victorian Family Home Combines Historic Charm W/A Modern Designer Interior. Upgraded Throughout, The Main Flr Has High Ceilings, Open Plan Layout & Powder Rm. A Fully Loaded Chef's Kitchen Has Lots Of Cabinet Space, Ceasarstone Counters, In-Cabinet Lighting & Top Of The Line Appliances. Enjoy A Full Flr Mstr W/Rt Deck, A Semi-Ensuite Spa Bthrm, Rich Hrdw Flrs & 2 Car Pkg. Steps To The Best Of Queen E, Transit & Quick Access To Dt*Dvp*Gardiner
Read Full Story
I have listed a new property at 1503 199 Richmond ST W in Toronto.
Your Chance To Live @ "Studio On Richmond!" Neighbouring The Shangri La & Four Season Performing Arts Centre. A Walkers & Cyclists Paradise. Good Layout With Quiet East Facing View Of Roof Top Greens & Shrubs. Engineered Hardwood Floors Throughout. Top Notch Miele Kitchen Appliances + Front Load Washer & Dryer! Semi Ensuite Bedroom. Great Building Amenities With Concierge/Security. Beautiful Artsy & Elegant Building. Downtown Toronto Living At It's Best!
Read Full Story
I have listed a new property at 145 Boardwalk DR in Toronto.
Executive Home In Highly Sought Beach Neighbourhood. Loaded W/ Upgrades & Modern Features Expected In Today's Smart Homes. 9 Ft Clgs On Main Floor. Bright & Spacious Kitchen Perfect For Everyday Living + Entertaining. Cozy Family Room Has Gas Fireplace & Picture Window Looks Onto Private Zen-Like Yard. Huge Master Bed & Bath. F/Finished Bsmt Rec Rm 3 Pce Bath. Amazing Rooftop Deck. 3rd Fl Bed Currently Office/Tv Rm. Close To Lake, Transit, Parks, Schools
Read Full Story
I have listed a new property at Ph01 3650 Kingston RD in Toronto.
Welcome To The Boutique Tridel Built, Village At Guildwood. This 2+1 Bdrm Sun-Filled Penthouse Provides Nearly 900Sqft Of Living Space W/Soaring Ceilings & Sought After Split Bdrm Layout. Featuring A Master Suite W/Ensuite, A Bdrm Sized Den & House Sized Kitchen. Enjoy Additional Storage With An Owned Locker & The Convenience Of 2 Parking Spaces Close To The Elevator. Located Minutes To The Subway, Go Train, Lake, Shopping & Restaurant
Read Full Story
I have listed a new property at 23 Burkwood CRES in Toronto.
Spacious Sun Filled 4Bdrm Home With Inlaw Suite Provides An Ideal Opportunity For A Growing Family. The Modern Kitchen W/Stainless Steel Appliances Has Lots Of Counter & Storage Space & Opens To A Formal Dining Area. The Open Plan Living Rm Features A Walkout To A Great Deck & Treed Backyard. 4 Lrg Bdrms Won't Leave Anyone Wanting For Space & The Renovated Lower Level Provides A Great Inlaw Suite Or Family Rec Rm. This Is The Perfect Package W/Rental Income
Read Full Story
I have listed a new property at 734 88 Colgate AVE in Toronto.
Prime Leslieville Exceptional In Design & Layout Junior One-Bedroom With Exposed Reclaimed Brick Wall, 12 Foot Ceilings, Skylight, Large Balcony. Contemporary Kitchen Features Quartz Counters, Porcelain Backsplash, Full Sized Stainless Steel Appliances Including Gas Stove, Under Cabinet Lighting, Pot Lights. Steps To Queen East Shops & Restaurants. T.T.C. Huge Park, Community Centre. Building Nestled In Amongst Residential Houses. Parking & Great Locker!
Read Full Story

When you start to see things like a new Ontario pension plan being proposed (now on hold), warnings about Canadian debt levels and the continuing message that we’re living longer so need to consider working longer, it’s probably time to take notice that there’s a growing concern that Canadian’s won’t have the financial resources they need to retire.

 

The latest person to add their voice to the issue is the governor of the Bank of Canada, Stephen Poloz. His message: “Canadians must be ready to adjust their retirement expectations in the face of continuing ultra-low interest rates.” Socking away money in a retirement savings account, bonds, or GIC’s is no longer a guaranteed way to grow your wealth and ensure a comfortable retirement. http://www.cbc.ca/1.3770695

 

For many of us, not only are we having to worry about our own retirement, we’re now contemplating how to take care of ageing family members so they can live comfortably.  

 

As life becomes more expensive, it’s important to pay attention to what the Governor is saying and become more active in our planning for the future. My personal strategy has been to start growing my real estate investment portfolio again.

 

The great thing about real estate, unlike other investments, is that you can leverage a relatively small amount of money to purchase a property that can then be rented out and paid off by someone else. A pretty amazing arrangement if you ask me. In a low-interest-rate environment like we are now, you get the added benefit of reduced carrying costs and potential for faster equity build-up. Over time, as you hold onto the property, your cash flow grows, your equity grows, and the property’s value increases. Sound interesting?

 

Whether you’re buying a property now to have a secure nest egg for the future, or to accumulate equity to help a child pay for university or a parent’s care, real estate is a great long-term investment that should be considered as part of any wealth building plan.

 

If you want to learn more about investing in real estate, or how real estate can help you achieve your financial goals, get in touch, I’d be happy to help.

 

 

Andre

416-662-1001

Post CommentComments: 0Read Full Story
Categories: Alderwood, Toronto W06 Real Estate | Annex, Toronto C02 Real Estate | Basement Flooding, Flooding Prevention, Solutions for Water in Your Basement, Home Insurance | Bay Street Corridor, Toronto C01 Real Estate | Bedford Park-Nortown, Toronto C04 Real Estate | Birchcliffe-Cliffside, Toronto E06 Real Estate | Briar Hill-Belgravia, Toronto W04 Real Estate | Brownridge, Vaughan Real Estate | Building Weath; Real Estate Investing; Home Equity; Mortgage Rates | Church-Yonge Corridor, Toronto C08 Real Estate | Credit Report, Free Credit Report | Credit Score, Getting a Mortgage, Credit | Crescent Town, Toronto E03 Real Estate | Danforth Village-East York, Toronto E03 Real Estate | Dovercourt-Wallace Emerson-Junction, Toronto W02 Real Estate | East End-Danforth, Toronto E02 Real Estate | East York, Toronto E03 Real Estate | Edenbridge-Humber Valley, Toronto W08 Real Estate | Eglinton East, Toronto E08 Real Estate | google.com/+AndreAdvantagecomAndreAlvesRealEstateBrokerToronto | Hanging a picture | High Park North, Toronto W02 Real Estate | Home Buying, Affordability, Buying a Home, Toronto Real Estate, Buying Strategies | Home Buying, Home Selling, Real Estate Mistakes, RECO | Home Insurance, Basement Flooding, Preventing Flooding in Your Basement | How to guide | Interior Design; Design Ideas, | Interior design; Getting ready to sell | July 2013 Sales Results, Toronto Real Estate Market | Kensington-Chinatown, Toronto C01 Real Estate | Lakeview, Mississauga Real Estate | Leaside, Toronto C11 Real Estate | Little Portugal, Toronto C01 Real Estate | Malvern, Toronto E11 Real Estate | Market Update | Mimico, Toronto W06 Real Estate | Mortgage Rates, Financial Freedom, Property Investment, Mortgage | Moss Park, Toronto C08 Real Estate | Mount Pleasant West, Toronto C10 Real Estate | New Year; 2014; being happy; setting goals | Niagara, Toronto C01 Real Estate | North Riverdale, Toronto E01 Real Estate | Oakwood-Vaughan, Toronto C03 Real Estate | Palmerston-Little Italy, Toronto C01 Real Estate | Rathwood, Mississauga Real Estate | Real estate agent, Fliping a home, renovating | Real Estate Contracts, Choosing an Agent, Real Estate, Toronto, Realtors, Due Diligence | Real Estate Investing | Real Estate Photos; Professional Standards; Realtors | Retirement; Investment Property; Real Estate; Downsizing | Rockcliffe-Smythe, Toronto W03 Real Estate | Runnymede-Bloor West Village, Toronto W02 Real Estate | Rural Otonabee-South Monaghan, Otonabee-South Monaghan Real Estate | Scarborough Village, Toronto E08 Real Estate | Selecting an Agent, Real Estate Industry, Professional Realtors | South Riverdale, Toronto E01 Real Estate | stagging | Stonegate-Queensway, Toronto W07 Real Estate | Stouffville, Whitchurch-Stouffville Real Estate | The Beaches, Toronto E02 Real Estate | The Broadview lofts, Loft, Condo, Leslieville, Riverside | Toronto C01 Real Estate | Toronto Condo Market, Market Update, Toronto Condominiums, Condos | Toronto Condo Sales | Toronto E01 Real Estate | Toronto Real | Toronto Real Estate | Toronto Real Estate Market | Toronto Real Estate Market, November 2013 Real Estate Sales Results | Toronto Real Estate, Toronto Market Minute | Unionville, Markham Real Estate | Victoria Village, Toronto C13 Real Estate | Waterfront Communities C1, Toronto C01 Real Estate | Waterfront Communities C8, Toronto C08 Real Estate | Weston-Pellam Park, Toronto W03 Real Estate | Willowridge-Martingrove-Richview, Toronto W09 Real Estate | Woodbine-Lumsden, Toronto E03 Real Estate | Yonge-Eglinton, Toronto C03 Real Estate | Yonge-St. Clair, Toronto C02 Real Estate

Enter your email address:

Delivered by FeedBurner

ABOUT ANDRE

ANDRE’S TWEETS