DOES TORONTO REAL ESTATE IS A GOOD INVESTMENT STILL TO BUY ?

1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 5.00 out of 5)
Loading...

TORONTO CONDO INVESTMENTS
DOES TORONTO REAL ESTATE IS A GOOD INVESTMENT STILL  TO BUY ? 
Toronto New Condos

Toronto New Condos

Statistics Canada estimates that the country’s population hit 35,158,300 on July 1,2013— an increase of 404,000 people, or 1.2 per cent from the previous year and Ontario is home to 38.5%.The indicators we track and don’t worry about what the media prints!1. immigration – 8000 a month coming into the GTA
2. Unemployment Rate – lowest level in decades at 7.3%
3. Stock market index in Toronto – was at 15,000 in 2008 now at 13,000 has not recovered in 5 yrs to par
4. Interest rates at record lows
5. International investors see Toronto as cheap and land of opportunity – safe banking system etc
6. Local guys say what do to with our cash, sit at 1.5% in a GIC
7. Gold spot was at $1900 now at $1300
8. Real estate has a safe haven feel to it and people fall in love with brick so to speak
9. Freehold market getting out of reach for many first time home buyers etc. most people cant afford a $800,000 house as a first investment – condos offer affordability compared to detached, semis and townhomes.
10. the condo lifestyle is highly sought after, kind of like hotel living with 24 hr security, indoor pools, spa, saunas, no snow to shovel or grass to cut
so what do you think , Should you still buy Toronto’s Real Estate in Today’s market ???
IF YOU ARE INTERESTED IN RECEIVING WEEKLY REAL ESTATE DEALS ACROSS GTA FILL UP THE FORM BELOW .

Requested Information

By requesting to receive details for this project, you agree and give us consent to send you electronic email notices with requested information and also for future projects. At anytime you wish, you may unsubscribe from receiving any further emails.

We hope to stay connected.

Sam Elgohary

Sam Elgohary is a Real Estate Broker with Century 21 servicing his clients in the Greater Toronto Area (GTA). He has a wide range of experience in Pre-construction Development and resale and is always looking to give his clients the most up-to-date knowledge about the market to help them in making new investments or selling their homes. His close connections with builders and a wide network of agents give him a competitive edge on everything to do with Toronto Real Estate. Connect with Sam: Cell 416-565-5925. You can find Sam Elgohary in Google +