Broadview Table Talks: Toronto Real Estate Podcast

Podcast 12: Hear From the Experts: What You Need to Know About 8 Elm on YongeThat’s right, only 15% down until occupancy in Spring 2027!Then you can secure your spot in one of the hottest locations in the city.Yonge and Dundas is the busiest intersection in all of Toronto, with over 100,000 people crossing the intersection daily.Toronto Metropolitian University (TMU), formerly known as Ryerson University, now has over 47,000 students enrolled. University of Toronto (U of T) has over 65,000 students in the downtown campus. That's over 112,000 students, not to mention all the reisdent doctors, nurses, hospital staff, and workers in the financial district.They all have to live somewhere.CIBC Deputy Chief Economist Benjamin Tal says that there will be a huge lack of supply and high demand in the coming years. Labour shortage, labour costs, material costs are the major problem. Developers are holding back."Supply will be an issue. Supply will ease in the next few years. Projects will be delayed, because its not economical to build. When the interest rates go back down, supply won't be there."With the average rental price increasing at 19.5% year-over-year, now at an average price of $2,806 per month, owning a rental property in the hottest part of Toronto is a no brainer investment.If you have young kids and you are thinking about what to do when they eventually have to go to school, investing in this pre-construction project might be the answer.You can get a head start on their future by investing in a condo that won't be completed until Spring 2027. Only a 15% deposit is required until occupancy, so it's an easy way to get started on their future. All you need is 15% total deposit until 2027.$10,000 on SigningBalance to 5% in 30 Days5% in 120 Days2.5% in 380 Days2.5% in 540 DaysFinal 5% on occupancy in Spring 2027If you're ready to get started, reply back to this email and let's secure your unit, ahead of the official launch on September 24.Schedule your call now to review floor plans and pricing.https://calendly.com/broadviewavenue/ken?month=2022-09▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Subscribe now to keep updated for more information. If you want to chat with us, do the following: 1. Send an email at ken+youtube@broadviewavenue.ca; or 2. Send a direct message on my Instagram account below; or 3. Book an appointment for a 15-minute video chat using the link on our website. If you’re not ready to reach out and just want to follow for more, find us online: YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1 Instagram: https://www.instagram.com/kennethyimhomes TikTok: https://www.tiktok.com/@kennethyimhomes LinkedIn: https://www.linkedin.com/in/kennethyimhomes Facebook: https://www.facebook.com/BroadviewAvenue Web: http://www.broadviewavenue.ca ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

You can't teach the hustle. That motivation to just get started in to action. Whether you are a client or an agent representing a client, sometimes it's hard to find that catalyst that you need, unless you know the reason as to why you are doing it. Join my friend John Chai as we discuss what it takes to get started to be effective and to be productive.▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Subscribe now to keep updated for more information. If you want to chat with us, do the following: 1. Send an email at ken+youtube@broadviewavenue.ca; or 2. Send a direct message on my Instagram account below; or 3. Book an appointment for a 15-minute video chat using the link on our website. If you’re not ready to reach out and just want to follow for more, find us online: YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1 Instagram: https://www.instagram.com/kennethyimhomes TikTok: https://www.tiktok.com/@kennethyimhomes LinkedIn: https://www.linkedin.com/in/kennethyimhomes Facebook: https://www.facebook.com/BroadviewAvenue Web: http://www.broadviewavenue.ca ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

What does the current interest rate hikes mean for borrowers, homeowners, and savers? Where are the opportunities to take advantage of the scenario? Toronto's housing market has been on the rise for over two decades, but recent interest rate hikes could burst the bubble. Despite this, many people are still choosing to buy. If interest rates continue to rise, it could lead to a ripple effect throughout the economy as people lose jobs and businesses struggle to stay afloat. There is a lot of negative news in the media about the real estate market, so let's take a positive spin on things and uncover the opportunities in today's rising interest rate environment, whether you are a seller or a buyer.▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Subscribe now to keep updated for more information. If you want to chat with us, do the following: 1. Send an email at ken+youtube@broadviewavenue.ca; or 2. Send a direct message on my Instagram account below; or 3. Book an appointment for a 15-minute video chat using the link on our website. If you’re not ready to reach out and just want to follow for more, find us online: YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1 Instagram: https://www.instagram.com/kennethyimhomes TikTok: https://www.tiktok.com/@kennethyimhomes LinkedIn: https://www.linkedin.com/in/kennethyimhomes Facebook: https://www.facebook.com/BroadviewAvenue Web: http://www.broadviewavenue.ca ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Welcome to another episode of Broadview Table Talks. In this episode, I will be talking with our Agent, Bahder Boestamam as he became a first time landlord! Landlording is not easy! Listen in for advice on managing a property and what it means to be a landlord. ----- I'm so proud of our team member, and our newest landlord Bahder Boestamam!———FOLLOW US HERE:Web: http://www.broadviewavenue.caYouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1Instagram: https://www.instagram.com/kennethyimhomesTikTok: https://www.tiktok.com/@kennethyimhomesLinkedIn: https://www.linkedin.com/in/kennethyimhomesFacebook: https://www.facebook.com/BroadviewAvenue

My good friend Joe Lu from Heal House Developments is doing something completely different. He's blending health and wellness with real estate development. This is a unique approach to the traditional profit-oriented capitalism, and turning it around for a bigger purpose.Hopefully this gives you some inspiration!

Toronto real estate market has been on a crazy ride. Broadview avenue real estate experts, Kenneth Yim and Michael Ng share their thoughts on the latest numbers and the market. Are you thinking of selling? Do you have questions about making a smart purchase? Tune into our podcast as our experts discuss these topics and more! Listen in!

Life is hard. Especially as we head into uncertain times with a potential recession on the horizon, with record high interest rate hikes, and talks of the biggest real estate crash that we have seen in decades. How do you keep your mindset on the right path during uncertain times like this? How do you set big goals that make you uneasy, and how do you find out what your big why is?Listen as we sit down with performance coach Jamie Purvis, one of my previous mentors and colleagues, as we discuss how to develop a winning mindset.By the way, if you like what Jamie has to say, check out his company www.bedohavemovement.com. Make sure you use promo code “broadviewtable” to get 75% off the Focus Made Easy course! WOW.

Season 4, Episode 5: Are We Going To See A Toronto Real Estate Market Crash?Everything to do with Mortgages in this Wild MarketEverywhere you turn, you see the headlines about interest rates in Canada. The rapid rate of increase has been staggering. Even though the Bank of Canada warned us about it, almost everyone had been caught off guard by it. Join us as we sit with Rakhee Dhingra of Mortgage Savvy, to see what she has been seeing on the ground as a mortgage broker in Toronto.Check out her team at www.msavvy.ca.

Season 4, Episode 4: This Crazy Rental Market! What's happening in the crazy rental market? And how did we get here? How long will it last for?While we only had a +5.3% price growth in June for the GTA from this time last year, we saw an increase of +21.9% in average rental prices. Why did the pace of the average rental price grow almost 4x higher than the price of purchasing a home? It’s because of the rapid increase in the interest rate policy used to tame inflation has put buying activity on pause. Less people qualify for the mortgages they once were able to qualify for, and that the cost of borrowing has increased dramatically, so that more people are looking towards renting until there is less turbulence in the market and that hopefully rates come back down a little bit. Or they are waiting for prices to fall, so in the interim, they decide to rent.Either way, our leasing agent Keyvan Foroughi is on the ground running with tenants, putting in offers in the competitive rental market. He’s seeing lease listings have multiple offers, and they are leasing way over the expected asking price from recent comparable leases from only a month ago. Perhaps all this craziness in the leasing market will bring back real estate investors? =============If you want to chat with us, do the following: 1. Send an email at ken+podcast@broadviewavenue.ca; or2. Send a direct message on my Instagram account below; or3. Book an appointment for a 15-minute video chat using the link on our website.—If you’re not ready to reach out and just want to follow for more, find us online:Web: http://www.broadviewavenue.caYouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1 Instagram: https://www.instagram.com/kennethyimhomes/TikTok: https://www.tiktok.com/@kennethyimhomesLinkedIn: https://www.linkedin.com/in/kennethyimhomes/Facebook: https://www.facebook.com/BroadviewAvenue/

Season 4, Episode 3: Housing (un)Affordability: How to Make Housing More Affordable.Housing in big cities like Toronto are massively unaffordable. We talk about why it’s like this, how can the government make housing more affordable, and how individuals can make it work within their own budgets.=============If you want to chat with us, do the following: 1. Send an email at ken+podcast@broadviewavenue.ca; or2. Send a direct message on my Instagram account below; or3. Book an appointment for a 15-minute video chat using the link on our website.—If you’re not ready to reach out and just want to follow for more, find us online:Web: http://www.broadviewavenue.caYouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1 Instagram: https://www.instagram.com/kennethyimhomes/TikTok: https://www.tiktok.com/@kennethyimhomesLinkedIn: https://www.linkedin.com/in/kennethyimhomes/Facebook: https://www.facebook.com/BroadviewAvenue/