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RESALE CONDO DEALS

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Over the next 6 months, I expect downtown Toronto condo prices to decline 5–10% because housing inventory levels will continue to climb for these reasons:

1. Offices, restaurants, and entertainment downtown are still closed

2. Immigration levels are 60% lower than 2019

3. Most post-secondary classes are being held online

4. Airbnb renters have not returned

The peak summer market is now over and more landlords who have not been able to rent their units will start to list their properties for sale, further increasing housing supply and softening prices. You do not want to compete in a weakening market so now is not the time to sell. I anticipate the market will recover in 2022 and this will be your opportunity to sell into strength. If you do need to sell today for whatever reason, please contact me ASAP. You need to get ahead of the market, and I have a distribution network of 26,000 condo investors to market your property to.

 The softening downtown condo market is a once-in-lifetime investment opportunity and I’m hosting a FREE Webinar to show investors how you can capitalize on two strategies:

1) Buy Short To Profit On The Dip

• Buy resale condos at a discount

• Purchase non-rent controlled units

• “Be greedy when others are fearful”– Warren Buffett

2) Buy Long To Profit On The Recovery

• Invest in pre-construction condos

• Completion dates of 2024+

• No need to find tenants

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