Toronto Real Estate Market Ripe for an Investing Revolution — the Smart way to Invest in Canada’s Hottest Housing Market
Sources: Microsoft Clipart 00196324.wmf;
rediff.com India: Binary Options Broker: Investing In Toronto Condos;
toronto-realestate-agent.ca/: Toronto Real Estate: Guide To Toronto Real Estate
According to Royal LePage’s House Price Survey and market forecast, Toronto will experience another red-hot housing market in 2014.“Toronto is on track to end 2014 as the hottest housing market in the country, with prices likely to rise 8.1 per cent, year over year”
– thestar.com: Business: Toronto housing market on track to be hottest in Canada for 2014: report
Only 6 months into the year, and the largest price increases were 8.3% for two-storey homes (at $730,806 on average) and 7.2 per cent (or $611,906 on average) for detached bungalows.
Some of these averages have been skewed, according to Royal LePage, because of “irrational bidding wars that have propelled prices further into the stratosphere” (Source: thestar.com).
So why does all this matter? If you’re in the market for a home, it means greater competition for fewer desirable properties, bigger mortgages and down payments, and bigger mortgage payments.
If you’re a real estate investor, however, what it means is an incredible opportunity to work with Wo-Built and its Partners to employ a revolutionary approach to buying, renovating, marketing and selling homes.
The key to the investment opportunity are performance-bonded home renovations which can be rolled into a first mortgage. This means tremendous REDUCTION IN RISK to you, the investor. YOU ONLY NEED TO INVEST A DOWNPAYMENT AND CARRYING COSTS UNTIL THE HOME IS SOLD.
Here’s how it breaks down:
• First, get pre-approved for a mortgage.
• Next, sign an agency agreement and work with one of Casavant Corp’s 300+ top realtors to identify an undesirable property in the GTA or Golden Horseshoe.
• Locate a property and make a conditional offer.
• Property inspected by Architectural Technologist & Design Changes Drawn Up.
• Close on Property.
• Performance Bonded Renovations by Wo-Built or Performance-Bonded Contracting Partners.
• 300+ top Realtors vying to market & sell your upgraded property.
Now, let’s talk about these “irrational bidding wars.”
Just imagine having a newly renovated (or rebuilt) home in one of Toronto’s more desirable neighbourhoods, with an open house hosted by a top Realtor, properly staged by a professional staging company, and potential home buyers entering the home experience something an indoor rainforest ecosystem by our PeapodLife division like this…
And by the way, videos and photos CANNOT do PeapodLife Ecosystems justice. You have to experience them in the flesh to appreciate them. But once you do, you’re hooked. And no, there is no one else, ANYWHERE that has ANYTHING that compares.
We call them BEST HOMES, and they are YOUR OPPORTUNITY to create one-of-a-kind GREEN REAL ESTATE properties with a financing, design, marketing and sales team backing you all the way; managing the process from beginning to end for you.
Check out The BEST HOMES Investment Case Study for a house in trendy/desirable Junction area in Toronto (based on an actual property available for purchase, real world renovation costs, real estate fees, etc. and greenhab investing with PeapodLife BEST HOMES Program).
Visit PeapodLife.com for more information, pictures, videos, testimonials and much more.
Contact Wo-Built for more information.