In real estate investment, there are typically 3 strategies to make money: Cash-flow or buy and hold, which is for me the best way to accumulate assets since using other people money and the one I use for my own investments. Capital gain or buy now and sell in the future, the annual increase price will make all […]
Your purchase offer has been accepted ? Great, now it’s time to get a financing and the most asked question is “should I go with fixed or variable rate ?” then “what if the variable rate goes up ?”. As a condo buyer or investor, it is extremely crucial to do the numbers so here […]
On December 11th 2015, new Finance Minister of Canada Bill Morneau just changed the mortgage rule for home and condo buyers. But what is the new Canada mortgage rules and will it impact condo market ? Current mortgage rules Condo buyers are currently allowed to put a minimum 5 % down payment to qualify for a mortgage […]
Like me, you probably have many friends and family who wants to invest in real estate or buy an investment condo in Montreal but most never actually buy anything yet. If so, I’m convinced you agree that there are two types of investors in the investment condo market in Montreal and everywhere: the players and […]
A typical questions for everyone including us, why should you buy a condo and not a house ? See below a nice infographic mentioning 7 benefits to buy and live in a condo. More affordable There is no even never bidding wars for condo which are also more accessible to first time home buyers and everyone […]
For those who like to have the prestige saying they live or own a piece of the highest condo tower in Montreal, La Tour des Canadiens is known to be highest building in the city. Remember that phase 1 of the project is totally sold out but the phase 2 is now selling, get more details […]
If there is one important metric you should consider as a condo investor before adding a new asset in a portfolio, this metric would be the price per square foot. It actually makes better sense to say “I purchased a condo for $525/sq.ft where the market is at $550/sq.f than saying I paid $15,000 lower than […]
Thanks to our strong relationship with The Benvenuto Group, we had a chance to go on the construction site of Le Peterson condominiums currently for sale. Here are some exclusive pictures taken from our team just for you, the sun was not with us unfortunately. They were actually on the 21st floor when we visited […]
One of our expert participated yesterday at the “Fenêtres sur le Marché” organized by FCIQ, it was a very interesting events where they gave stats about real estate market in Montreal and also the condominium market. Note: We thanks the FCIQ for their great work and apologize to put French slides in this english post. […]
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