Broadview Table Talks: Toronto Real Estate Podcast

A massive surge of new listings came on to the Toronto real estate market, yet sales are still flat. Why?Let's explore the latest trends and statistics from April. We discuss the implications of the upcoming interest rate announcement in June, the impact of employment rates on real estate, and the challenges faced by both buyers and sellers in this uncertain market.We will analyze the sales-to-new-listings ratio, compare current market conditions to historical trends, and provide insights into potential opportunities for buyers and investors. We also highlight some unique investment properties and discuss the state of the rental market in Toronto. Whether you're a seasoned investor, a first-time homebuyer, or simply interested in real estate, this episode offers valuable information to help you navigate the market.Watch this podcast on YouTube: https://youtu.be/uvMeM52x6cASchedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Subscribe now to keep updated for more information.If you want to chat with us, do the following:1. Send an email at 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:YouTube: 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/BroadviewAvenueWeb: http://www.broadviewavenue.ca▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

There are lots of complexities in Toronto's real estate market. Let’s discuss the latest trends, market statistics, and strategies for both buyers and sellers. From rising mortgage rates to the increasing inventory that signals a buyer's market, find out how to navigate these challenges and make informed decisions in today's economic landscape.Watch this podcast on YouTube: https://youtu.be/RsuAmgOExyESchedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Subscribe now to keep updated for more information.If you want to chat with us, do the following:1. Send an email at 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:YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1 Instagram: https://www.instagram.com/kennethyimhomesTikTok: https://www.tiktok.com/@kennethyimhomesLinkedIn: https://www.linkedin.com/in/kennethyimhomesFacebook: https://www.facebook.com/BroadviewAvenueWeb: http://www.broadviewavenue.ca▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Here’s my take on the new capital gains inclusion rates in the 2024 Canadian federal budget. As much as I want to talk about the politics of it all, I will hold back. There’s no sense complaining about it, because that will change nothing.Rather, let’s look at how it will impact your real estate strategy, and what you can do about it.Watch this podcast on YouTube: https://youtu.be/WMZPiqyzW4gSchedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Subscribe now to keep updated for more information.If you want to chat with us, do the following:1. Send an email at 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:YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1 Instagram: https://www.instagram.com/kennethyimhomesTikTok: https://www.tiktok.com/@kennethyimhomesLinkedIn: https://www.linkedin.com/in/kennethyimhomesFacebook: https://www.facebook.com/BroadviewAvenueWeb: http://www.broadviewavenue.ca▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Watch this podcast on YouTube: https://youtu.be/C6zFAzWvuEUSchedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Subscribe now to keep updated for more information.If you want to chat with us, do the following:1. Send an email at 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:YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1 Instagram: https://www.instagram.com/kennethyimhomesTikTok: https://www.tiktok.com/@kennethyimhomesLinkedIn: https://www.linkedin.com/in/kennethyimhomesFacebook: https://www.facebook.com/BroadviewAvenueWeb: http://www.broadviewavenue.ca▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Stuck with a condo nearing completion and worried about the market? You're not alone. Let's break down your options: close or assign?As we navigate these uncertain times, many are finding their pre-purchased condos aren't appraising at expected values. With the market down, you're faced with two choices.First, you could assign your property, selling your agreement to another buyer before closing. It might seem like an easy out, but with assignments stalling in the current market, finding a buyer willing to take over at a big profit is tough.Alternatively, you could close on the property, taking on monthly losses due to negative cash flow. This is a gamble, betting on the market's eventual recovery. Remember, closing means committing to years of potential financial strain unless the market swings back.The root of this dilemma? A market boom driven by low interest rates during the pandemic, leading to high purchase prices now misaligned with current values. Whatever path you choose, it's a decision weighed heavily by the market's unpredictable nature.Struggling to decide or need more insights? Book a call below and let’s chat.Watch this podcast on YouTube: https://youtu.be/C6zFAzWvuEUSchedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Subscribe now to keep updated for more information.If you want to chat with us, do the following:1. Send an email at 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:YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1 Instagram: https://www.instagram.com/kennethyimhomesTikTok: https://www.tiktok.com/@kennethyimhomesLinkedIn: https://www.linkedin.com/in/kennethyimhomesFacebook: https://www.facebook.com/BroadviewAvenueWeb: http://www.broadviewavenue.ca▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Condos are great, but their value largely depends on market trends, which we've seen can fluctuate drastically. If rates go up, then suddenly your investment's worth drops 15-20%. With commercial real estate, you have more control. By increasing the property's net income through rent adjustments or renovations, you directly impact its value, no matter the market situation. Let me walk you through an example of a property that you can increase the value by 1.5x almost instantly, just by doing some minor tweaks to increase the net operating income. If you want to check out the property in the example, visit: https://www.broadviewavenue.ca/listings/for-sale-253-broadviewSchedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Subscribe now to keep updated for more information.If you want to chat with us, do the following:1. Send an email at 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:YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1 Instagram: https://www.instagram.com/kennethyimhomesTikTok: https://www.tiktok.com/@kennethyimhomesLinkedIn: https://www.linkedin.com/in/kennethyimhomesFacebook: https://www.facebook.com/BroadviewAvenueWeb: http://www.broadviewavenue.ca▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Listen to the whole podcast and learn how the latest economic trends, including Bank of Canada's interest rate adjustments and the impact of price stability on inflation, are shaping investment opportunities. Learn how buyer attitudes are affected by economic trends and how limited new construction predicts future market changes.Watch this episode on YouTube:https://youtu.be/e1_fyPdDrLcSchedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Subscribe now to keep updated for more information.If you want to chat with us, do the following:1. Send an email at 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:YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1 Instagram: https://www.instagram.com/kennethyimhomesTikTok: https://www.tiktok.com/@kennethyimhomesLinkedIn: https://www.linkedin.com/in/kennethyimhomesFacebook: https://www.facebook.com/BroadviewAvenueWeb: http://www.broadviewavenue.ca▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Last year alone, over 20,000 new condo units hit the GTA market, the highest in three years, thanks to a surge in pre-construction purchases back in 2018. But when COVID hit, construction faced massive delays, pushing back completion dates. Now, these units are flooding the market, looking for tenants.Despite a federal cap on student visas aiming to slow growth, immigration remains strong, keeping demand up. Yet, with this sudden influx of condos, landlords face tough competition, nudging rental prices down.This dip might seem like a win for renters now, but it's a temporary shift. With nearly 27,000 more units expected in 2024, the rental landscape will continue to evolve. But don't be fooled; the underlying growth in population and a slowdown in new constructions due to high interest rates suggest that this is just a short-term trend. In the long run, expect the market to bounce back, making it a landlord's game once again.Stay ahead of the real estate market. Follow us for more insights in the GTA housing market.Watch this episode on YouTube:https://youtu.be/nNaNmTZQpXcSchedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Subscribe now to keep updated for more information.If you want to chat with us, do the following:1. Send an email at 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:YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1 Instagram: https://www.instagram.com/kennethyimhomesTikTok: https://www.tiktok.com/@kennethyimhomesLinkedIn: https://www.linkedin.com/in/kennethyimhomesFacebook: https://www.facebook.com/BroadviewAvenueWeb: http://www.broadviewavenue.ca▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Taking a closer look at Final Offer, an innovative app designed to transform real estate selling by allowing owners to set their own terms and prices. This tool could significantly streamline the transaction process, offering a new level of control and efficiency. What's the potential impact on the real estate market?Watch this episode on YouTube:https://youtu.be/CHP8vIaV4eISchedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Subscribe now to keep updated for more information.If you want to chat with us, do the following:1. Send an email at 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:YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1 Instagram: https://www.instagram.com/kennethyimhomesTikTok: https://www.tiktok.com/@kennethyimhomesLinkedIn: https://www.linkedin.com/in/kennethyimhomesFacebook: https://www.facebook.com/BroadviewAvenueWeb: http://www.broadviewavenue.ca▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Today's talk about Toronto's real estate market focuses on government policies, speculation taxes, foreign buyer bans, and the financial impact of hosting large sporting events like FIFA.Watch this episode on YouTube:https://youtu.be/9PeoMmv8OT4Schedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Subscribe now to keep updated for more information.If you want to chat with us, do the following:1. Send an email at 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:YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1 Instagram: https://www.instagram.com/kennethyimhomesTikTok: https://www.tiktok.com/@kennethyimhomesLinkedIn: https://www.linkedin.com/in/kennethyimhomesFacebook: https://www.facebook.com/BroadviewAvenueWeb: http://www.broadviewavenue.ca▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬