Are you an investor or first time buyer looking for an Affordable Starter Home or Investment?
If your budget is under $400,000 or even $350,000 – the Hamilton area has more to offer than you might think.
Call Stanley Lendak of Sutton Group Realty Systems – Top Professional in the Hamilton Area.
Stan works with many investors looking for income properties or homes with the potential of great rent. He can assist with sending you listing on special properties, giving you advice on neighbour conveniences and which areas command the highest rent.
Call Stan today at 905-896-3333 or direct at 416-820-8661
Check out our listings at http://www.SuttonRealty.com
2018 – The year when Canada’s housing market hit the brakes… What will happen in 2019?
The Canadian Real Estate Association sees home sales rebounding a little (2.1 per cent) in 2019 with home prices roughly keeping up with inflation (2.7 per cent). In Ontario, prices will likely climb a little faster (3.3 per cent) and in British Columbia, a bit more slowly.
Quebec, New Brunswick, Nova Scotia & Prince Edward Island can also expect modest price gains, while Saskatchewan and Newfoundland Labrador will experience a small dipping. The forecast for Alberta was stable, although that predated the recent oil price plunge.
The big banks expect interest rates to continue to rise between 2.25 per cent & 2.75 per cent by the end of 2019. Todd Schlanger, senior investment strategist at Vanguard Investments Canada says the Canadian economy will likely continue to grow in 2019, albeit at a slower pace than in 2018.
Rather than a housing collapse, a more likely scenario is one in which home prices stagnate as household incomes slowly catch up. Another factor that might help keep the market stable is that rents are sky-high. This could help sustain the demand from homebuyers.
Home buyers should be patient, and not count on price gains to make up for negative cash flow. And home sellers should be realistic and not fixate on “old peak prices” as they usually end up having to “chase the market down” watching their asking price gradually fall. If you are keen on selling, you have to be ahead of the market and possibly anticipate future prices declines.
Edenshaw Developments presents Tanu Condos to Mississauga’s prestigious Port Credit neighbourhood. This tower will rise 15-storeys and will house 204 luxurious suites. Warm tones and engineered brickwork envelope the tower while sprawling glass windows create light fill spaces in every suite.
Located at Lakeshore and Hurontario at 21 Park St E, these suites offer outstanding floor plans from 1, 2 and 3 Bedroom Suites. With options for 3 bedrooms, it will be an ideal luxury condo lifestyle for empty nesters and retirees looking for space and convenience with everything they needed within walking distance.
For Pricing and Floor Plans contact your Sutton Realty Systems agent today:
• 2 bath, 2 bdrmapartment – FOR RENT CAD3,800 ML . Furnished Condo Rental in the Heart of Yorkville!
in Yonge/Bloor, Toronto
Prestigious Executive Fully Furnished Rental On Toronto’s Signature Street In The Heart Of Yorkville! Spacious 2 Bedroom, 2 Bath Suite With Outstanding Unobstructed Views, Perfect For The Urban Professional.
Annex Boutique Building With A Walk Score Of 100 – A Walkers Paradise!
Access Bloor And Cumberland Park From Lobby To Toronto’s World Class Upscale Shops, Finest Restaurants, Museums, Galleries, U o ft, Subway Steps From Your Door! Walk-out to Cumberland Park with Spectacular Holiday Wonderland! Dream Condo – Dream Location!
Includes: Fridge,Stove,Dishwasher,Washer,Dryer,Loads Of Closet Space and even more locker space on the Same Floor – This is True Pampering and Convenience ** Bonus 1 Parking ** Rare find for a Parking Spot for this High End Location !*
Enjoy The Bellair Club With Elegant Rooftop Terrace,Lounge, Spectacular Views, Fitness Rm, Sauna & More! 24 Hr Concierge,Party Rm and more
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