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9 Expert Tips to Find the Perfect Realtor in Canada
#youtube#realestate#toronto real estate#toronto housing market#toronto housing update#toronto real estate news#toronto real estate statistics#Toronto housing market forecast#Toronto property market update#Toronto real estate investment#Toronto housing affordability#real estate market#Realtor in Canada#realtor canada#canadian real estate market#real estate canada#canada real estate agent#gta real estate#gta real estate market
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The Benefits of Becoming a Licensed Real Estate Agent in Canada
The real estate industry in Canada has long been a lucrative career choice for those passionate about property and helping people achieve their dream of homeownership. With the Canadian real estate market showing resilience and consistent growth, becoming a licensed real estate agent presents numerous advantages. From financial rewards to personal fulfillment, this career offers both tangible and intangible benefits. Let’s explore the top reasons why pursuing a license in real estate could be the perfect move for you.
1. Earning Potential
Real estate agents in Canada enjoy substantial earning potential. The average annual income for real estate agents varies depending on the province and market conditions, but many experienced agents earn upwards of CAD $100,000 per year. For instance:
In Toronto, agents earn an average of CAD $55,000 to $150,000 annually.
In Vancouver, where property values are among the highest in the country, agents can earn even more.
Commission-based earnings mean there is no limit to how much you can make, depending on the number and value of transactions you complete. Hardworking agents who establish themselves in the market can see their earnings multiply as they build their reputation and clientele.
2. Flexibility and Independence
Becoming a licensed real estate agent gives you the flexibility to manage your schedule. Unlike traditional 9-to-5 jobs, real estate allows agents to:
Set their working hours.
Balance personal commitments and professional life.
Choose clients and projects that align with their interests.
This autonomy appeals to individuals who value work-life balance and seek control over their professional trajectory.
3. Diverse Opportunities
A career in real estate offers opportunities beyond buying and selling residential properties. Licensed agents can specialize in:
Commercial real estate: Helping businesses secure office spaces or retail locations.
Luxury properties: Serving high-net-worth clients in niche markets.
Property management: Overseeing rental properties for investors.
Agents can also transition into related fields like real estate coaching, consulting, or brokerage ownership, further expanding career opportunities.
4. Personal Fulfillment
Real estate is about more than transactions; it’s about relationships and helping people achieve life goals. Agents often:
Help first-time buyers find their dream homes.
Assist families in relocating seamlessly.
Guide retirees toward downsizing into more manageable living spaces.
The satisfaction of positively impacting lives makes this career fulfilling and emotionally rewarding.
5. Networking and Skill Development
Working in real estate means interacting with professionals from various industries, such as mortgage brokers, contractors, and lawyers. This exposure broadens your network and enhances your skill set in:
Negotiation
Marketing and sales
Financial analysis
Communication
These skills are not only invaluable in real estate but also transferable to other industries.
6. A Thriving Real Estate Market
Canada’s real estate market remains robust, with steady demand for properties nationwide. As urbanization and population growth continue, cities like Toronto, Vancouver, and Calgary present ample opportunities for real estate professionals. According to Statistics Canada, housing demand is expected to increase by 1.8% annually, driven by immigration and economic development.
7. Accessible Career Path
Becoming a licensed real estate agent in Canada is a straightforward process that typically includes:
Completing pre-licensing education.
Passing the licensing exam.
Registering with your provincial real estate board.
In British Columbia, for example, aspiring agents can follow a clear path to licensure. For a detailed guide on this process, check out how to become a real estate agent in British Columbia.
8. Market Trends Favor Real Estate Professionals
The rise of digital tools and technology has made it easier than ever for agents to market properties and connect with potential clients. However, clients still value the expertise and local knowledge that licensed professionals provide. This creates a competitive edge for those who invest in becoming licensed and staying updated on market trends.
9. Potential for Passive Income
Real estate agents can generate passive income by building a portfolio of rental properties, earning referral commissions, or establishing a real estate team. Many agents leverage their industry knowledge to secure sound investments and create additional revenue streams.
Conclusion
Becoming a licensed real estate agent in Canada offers financial freedom, career flexibility, and the chance to make a meaningful impact on people’s lives. With the industry continuing to thrive and evolve, now is an excellent time to embark on this rewarding journey. Whether you’re drawn by the earning potential, independence, or personal satisfaction, this career has something for everyone. Take the first step today and discover the immense benefits waiting for you in the world of real estate.
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😲 Shocking #Housing Crisis: Can #Canadians Afford #Homes? 🏠 #Shorts by Manoj Atri, REALTOR® 🍁 Discover the Canadian housing crisis! 📉 This video explores the affordability challenges faced by Canadians, from low-income earners to those making six figures. 📊 See shocking statistics and potential solutions to this growing problem. 💡 🌟 Are REITs EVIL? 🏠 Rent Hikes, Renovictions, and the Financialization of Housing! 📈 🤔 Are you feeling the squeeze of rising rents and wondering who's behind it? 😟 You're not alone! 🙌 Many Canadians are facing a housing crisis fueled by "financialized landlords" – corporations that treat housing as a commodity, prioritizing profit over people. 🙁 #RealEstateToronto 📌 #TorontoRealEstate 🌆 Full Related YouTube Video: https://youtu.be/xWepNq1h_sM 👉 Subscribe Now for more Tips and Insights: https://www.youtube.com/@ManojAtri9?sub_confirmation=1 ✨ Help me reach 1000 Subscribers! 🎉🙌📈 🌆 Hot News Daily: Toronto Real Estate Digest! 📈 Friday 6th Dec 2024 Newsletter: Review Entire Podcast 20 Hot off the press News Articles Here: https://bit.ly/3ZHELZ4 ▶ Visit the following website links for HOT New TORONTO REAL ESTATE for Sale Listings → https://bit.ly/3zE97S3 ▶ Manoj Atri, REALTOR® with Architectural Experience Re/Max Hallmark Realty Ltd., Brokerage 401 – 685 Sheppard Ave E, Toronto ON M2K 1B6 Office: [416] 494-7653 | Cell: [416] 275-2089 Fax: [416] 494-0016 | Email: [email protected] ▶ "Disclaimer: This Shorts Video's content summarizes multiple news articles. Full attribution is available in the original linked sources & in full related YouTube Video. The thumbnail, newsletter, podcast audio and video are AI-generated. Video title, description, and supporting content are created for context." *** Not intended to solicit any Buyer or Seller under Contract. *** #CanadianHousingCrisis #Affordability #HousingAffordability #CanadianRealEstate #MortgageRates #CostOfLiving #CanadianEconomy #FinancialPlanning #PersonalFinance #HousingMarket #AffordabilityChallenge via YouTube https://www.youtube.com/watch?v=jtaVCWOYV1s
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'Going to the World’s Biggest Bookstore was an event.'
10 years after closing, it still has a grip on former readers
David Silverberg, Special to the Star
Published: May 26, 2024 Updated: May 27, 2024
I remember that first time I walked into the World’s Biggest Bookstore. It was 1999 and I was a book-loving journalism student at Ryerson (now Toronto Metropolitan University). “Wow!" I thought as I tried to take it all in. "Is this for real?”
What was very real about the sprawling 64,000-square-foot space at 20 Edward St., brimming with 17 miles of shelves, was the sheer selection available to me. It reminded me of Honest Ed’s, urging you to get lost in its maze of products. I wasn’t there that first time to buy anything in particular — I heard from fellow journalism school students about this bookstore I had to check out — but I left with four books I always wanted to read, such as "Slaughterhouse Five" by Kurt Vonnegut, and Joan Didion’s "The White Album."
The World’s Biggest Bookstore closed its doors for good 10 years ago this spring, and the public nostalgia for the store even today is proof of how loved it was, for both casual and passionate readers. And it was the kind of bookstore you don’t see today, where every section overflowed with the latest, greatest and maybe not-so-great. Having everything available at your browsing fingertips felt like a brick-and-mortar Amazon, but with smiling staff whose knowledge of, say, Canadian literature or hip-hop magazines levelled up this bookcore experience.
Valentino Assenza, a Grimsby resident and host of the literary radio show "Howl" on CIUT 89.5FM, remembers the first book he bought at the World’s Biggest — "The Most Beautiful Woman in Town" by poet Charles Bukowski — in 1996, when he was 19 and living in East York. “I knew that if I needed any more Bukowski books, I could go there, thanks to that store having rows and rows of his work,” he says.
Marc Côté, a clerk at the bookstore in 1986, saw first-hand how vast a collection the store carried over the years. “It had by far the largest poetry selection in the country,” he says. “We had a rule of ordering one copy of every poetry book published.”
An exaggeration, maybe, but the bombastic claims of the World's Biggest were part of its charm.
Opened in 1980 in the former Olympia Bowling Alley building, the World’s Biggest Bookstore may not, in fact, have been the world’s biggest bookstore. It was a marketing gambit by Jack Cole, who owned Coles and SmithBooks, and thought “a massive bookstore would do well for Toronto,” as his son David told the National Post in 2014. He paid a reported $2.4 million for the property.
He gambled successfully. Chapters took ownership of the store in 1994 when it acquired and merged Coles and SmithBooks, and business kept booming for the 140,000-title behemoth. Larry Stevenson, founder and then CEO of Chapters, remembers a key statistic: World’s Biggest steadily raked in $5 million a year in revenue, and it was responsible for 100 per cent of Coles profitability prior to the Chapters acquisition, says Stevenson in an interview from his Toronto home.
“You have to remember, going to the World’s Biggest Bookstore was an event for people," Stevenson says, "and I’d estimate around 40 per cent of customers who came to the store were from outside the GTA."
Sitting just west of Yonge Street, it might not have been on prime real estate to attract heavy foot traffic, but it was close enough to the hugely beloved and also now gone Sam the Record Man and Sunrise Records, and was similar in allowing the kind of loitering and browsing as other stores on that Yonge Street strip. Also, Stevenson adds, its sheer size was enough to entice people in. “We had more books here than anywhere else, and Chapters at the time had around 30,000 fewer titles than World’s Biggest, remember,” Stevenson says, “and our customers always loved the remainder bins that had books at $3 or $4.”
Côté, now president and publisher of Cormorant Books in Toronto, remembers how he and other staff, clad in a navy-blue uniform, were expected to know enough about authors and new releases to help customers with any inquiry presented to them. “We got a lot of customers on a Monday asking us if they knew where they could find that book with the blue cover that was just reviewed in the weekend newspaper,” he recalls, adding that, more often than not, the staff would be able to point that reader to the right title.
Côté looks back now and appreciates how staff at the fluorescent-lit, lino-floored bookstore didn’t judge any reader, no matter what kind of book they came in for. “I remember going to another Toronto bookstore after I worked at World’s Biggest Bookstore and I asked the clerk if they had a title about how reading Marcel Proust can change your life, and she sneered at me, and said they don’t carry self-help books there. So, I went to World’s Biggest Bookstore and the employee there was happy to help me.”
“It’s one of those stores that was part of its era in Toronto, and losing it was tough, but it’s something I wouldn’t want to see resurrected,” says Assenza. “I’m just grateful I got to spend time there when it was around.”
What he says resonates with how I view this Toronto landmark. It’s like the TV show we all enjoyed in the 1990s but whose resurrection today would feel forced and strained. Some legacies are meant to be shelved and preserved, available for us to dip back into, as we would with a favourite book.
Correction — May 27, 2024
This article was updated to correct that it was Sunrise Records that was close to the World's Biggest Bookstore and Sam the Record Man, not Tower Records.
David Silverberg is a freelance writer and editor whose writing has appeared in BBC News, The Washington Post, MIT Technology Review and Fast Company.
View on www.thestar.com
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Ways to Invest in New Homes in Canada's Markham, Milton & More!
Finding the perfect investment opportunity in the real estate market can be thrilling and rewarding, especially when considering new homes in Newmarket, Markham, and other vibrant locations across Canada. Whether you're a seasoned investor or a first-time buyer, understanding the various types of homes and the best strategies for investing can make all the difference. Let's dive into the different home types available and explore the top ways to invest wisely in new properties.
Explaining Home Types:
Single-family homes
The pinnacle of suburbia life, detached homes are the most private and spacious of all home styles. They stand alone. According to the Canadian Real Estate Association (CREA), detached homes continue to be the most sought-after property type in Canada, with national sales volumes up 18.4% year-over-year in February 2024. Because of their larger lots and the flexibility they provide homeowners in terms of expansion and customization, they are in high demand. Detached house investments may be quite profitable, especially in high-demand locations like Newmarket, where family-friendly neighbourhoods are popular.
Semi-Detached House
Properties that share a single wall with another house are called semi-detached residences. They provide a happy medium between affordability and detached home advantages. Statistics Canada reports that in 2023, over 30% of new home constructions in Canada were townhomes and semi-detached houses. These homes' sense of community and comparatively cheaper price range make them especially popular with young families and first-time purchasers. This group includes new townhomes in Markham, which offer a blend of contemporary conveniences and neighbourhood living.
Elegant Residences
Luxurious residences appeal to people who value exclusivity and extravagance. These homes have modern conveniences, luxurious finishes, and frequently distinctive architectural styles. Purchasing a luxury property in a posh neighbourhood can be quite profitable. For example, wealthy purchasers looking for a suburban property close to downtown Toronto are drawn to new homes in Etobicoke.
Top 9 Ways to Invest in New Homes for the Best Price!
Investing in new homes in new markets requires strategic planning and a keen understanding of the market. Here are nine effective ways to ensure you get the best value for your investment:
Market Research
Learn as much as you can about the home market trends in the neighbourhood of your choice. Knowing the market dynamics in Milton, Markham, and other targeted areas can help you make informed decisions about when to buy and whether there is room for expansion in the future. The Canadian Mortgage and Housing Corporation (CMHC) predicts continued house price growth in major Canadian markets in 2024, but at a slower pace than in 2023.
Location Analysis
Take note of the area's assets, including parks, schools, and public transportation. Property values typically increase when one is close to these amenities. For example, before buying new homes in Milton, check out the first-rate community amenities and infrastructure that make new homes there increasingly appealing.
Pre-Construction Opportunities
Purchasing a home before it is built can result in considerable financial savings. Pre-construction costs are usually lower, and you might be able to personalize some features of the house. According to the Urban Development Institute (UDI), pre-construction sales in Canada increased by 15% in Q1 of 2024, indicating strong investor interest in new builds.
Government Incentives
Make use of the government's homebuyer incentives and programmes. Grants for first-time homebuyers, tax breaks, and credits for energy-efficient homes can lower the total cost of an investment.
Financing choices
Examine different mortgage rates and financing choices. The profitability of your investment might be greatly impacted by obtaining a favourable mortgage rate. Collaborate with a financial counsellor to identify the most advantageous loan choices.
Real Estate Agents
Assist seasoned real estate brokers who have a focus on the areas of your interest. Insights and access to listings that might not be available to the general public can be obtained from them.
Property Inspection
Prior to completing your acquisition, always carry out a comprehensive inspection. Maintaining the property's condition helps shield your investment and avert unforeseen expenses down the road.
Conclusion
Investing in new homes in new markets in various places in Canada, such as Markham, Etobicoke, and Milton, offers intriguing potential for big returns. You can increase your investment potential and make well-informed judgments by being aware of the many kinds of homes and using strategic investment techniques. You can check out Condos HQ, a reliable website where you can view a variety of condos, flats, and other investment alternatives. You may successfully navigate the real estate market by teaming with seasoned specialists like Condos HQ. So, take advantage of these incentives and perform in-depth market research. Visit our website for more information!
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Strategic Tax Planning for Real Estate Developers
Strategic tax planning emerges as a cornerstone for maximizing profitability and ensuring long-term success. For real estate developers in Toronto, navigating the intricate tax laws and leveraging effective tax strategies is not just an option, but a necessity. This article delves into the significance of understanding and applying nuanced tax laws and outlines practical strategies that real estate developers can implement to optimize their tax positions. With insights from recent statistics and credible sources, we aim to provide a comprehensive guide to strategic tax planning tailored specifically for the real estate market in Toronto. Navigating Tax Laws for Property Development Success The real estate market in Toronto, buoyed by its economic stability and growth prospects, presents lucrative opportunities for developers. However, the complexity of Canadian tax laws can pose significant challenges. A 2023 report by the Canadian Real Estate Association highlights the importance of staying updated with the latest tax regulations, including changes in property tax rates and land transfer taxes, which directly impact the cost and profitability of real estate projects. Understanding these laws is crucial for developers to avoid unforeseen tax liabilities and capitalize on potential tax benefits. Tax incentives and rebates play a pivotal role in real estate development in Ontario. Programs such as the Ontario Home Ownership Savings Plan (OHOSP) and the HST New Housing Rebate are designed to encourage development activities by offering financial advantages. Developers need to be adept at identifying and applying for these incentives to reduce their overall tax burden. Furthermore, the intricacies of capital gains tax and how it affects the disposal of real estate assets underscore the need for expert navigation through tax laws to ensure optimal financial outcomes. The implementation of strategic tax planning begins with a thorough analysis of each development project, considering factors such as project location, type of development, and available tax incentives. This requires a collaborative effort between developers, tax professionals, and legal experts to ensure compliance with tax laws and to devise strategies that align with the developer’s financial goals. Properly structured, these strategies can lead to significant tax savings and contribute to the success of real estate projects in Toronto. Implementing Effective Tax Strategies in Real Estate Cost segregation is a strategic tax planning tool that can significantly benefit real estate developers in Toronto. By identifying and reclassifying personal property assets to shorten the depreciation time, developers can accelerate depreciation deductions, thereby reducing taxable income and improving cash flow. A recent study by a leading accounting firm in Toronto revealed that developers utilizing cost segregation strategies effectively reduced their tax liabilities by an average of 15% over the lifespan of their projects, highlighting the potential financial benefits of this approach. Another effective tax strategy is the utilization of the Deferred Development Charges Program offered by the City of Toronto. This program allows developers to defer a portion of their development charges, improving initial cash flow and enabling more capital to be invested directly into the project. Such strategies require a deep understanding of local regulations and policies, but when applied correctly, they can offer substantial financial relief and support the viability of development projects. Lastly, structuring partnerships and joint ventures in a tax-efficient manner is critical for minimizing tax liability. Choosing the right business structure, such as a Limited Partnership (LP) or a Corporation, can have significant tax implications for real estate development projects. Strategic allocation of income and capital, along with careful consideration of the tax attributes of each entity within a partnership, can optimize tax outcomes. This underscores the importance of strategic planning and professional advice in the early stages of project development, ensuring that tax strategies are integrated seamlessly into the overall development plan. Strategic tax planning is indispensable for real estate developers in Toronto, offering a pathway to minimizing tax liabilities while maximizing project profitability. The successful navigation of tax laws and the implementation of effective tax strategies require a comprehensive understanding of the real estate market, as well as a collaborative approach involving tax professionals and legal experts. By staying informed of the latest tax regulations, leveraging available tax incentives, and utilizing strategic tax planning tools, real estate developers can achieve financial efficiency and ensure the success of their development projects in the competitive Toronto market. Read the full article
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Investing in Canadian Real Estate in 2024
Harnessing the Power of Canadian Real Estate: A Guide to Investing
Investing in real estate offers a pathway to long-term wealth generation, and the Canadian market provides a compelling environment for investors. Despite high purchase prices, as highlighted by the Canadian Real Estate Association's February 2024 data, opportunities abound within the nation's diverse real estate landscape. Let's delve into the current market, the pros and cons of investing, and proven strategies for success.
Understanding the Canadian Real Estate Landscape
Canada's real estate market is shaped by a variety of factors:
Urbanization: The Price of Popularity
Major Hubs, Major Costs: Densely populated metropolises like Toronto, Vancouver, and Montreal attract residents with employment opportunities, amenities, and cultural attractions. This high demand naturally drives up housing prices.
The Promise of Smaller Cities and Towns: Growing interest in less populated areas offers alternatives for those seeking lower housing costs and a different pace of life. These areas often have untapped development potential, making them interesting for future investment and growth.
Emmigration: A Driving Force in the Market
Canada's Welcoming Policies: Canada actively encourages immigration to boost its economy and fill labor gaps. This influx of new residents increases the need for housing.
Arriving with Capital: Many immigrants bring significant wealth to Canada. This financial advantage allows them to compete in the real estate market, particularly in desirable urban centers.
Regional Variations: The Importance of Targeted Research
No One-Size-Fits-All Market: Real estate trends differ across Canada's provinces and territories. Understanding local factors like economic growth, employment rates, and population shifts is vital when choosing investment locations.
Data is Your Friend: Resources like the Canadian Real Estate Association (CREA) offer regional market statistics and reports to guide your research.
The Case for Investing in Canadian Real Estate
The Power of Appreciation: Canadian real estate has a proven track record of steady increases in value. This means that, over time, your initial investment can potentially multiply, providing substantial returns.
Build Wealth with Passive Income: Owning rental properties provides a recurring revenue stream. Offset your mortgage, cover property expenses, and enjoy the potential to reinvest your profits and expand your portfolio.
Own a Tangible Asset: Unlike intangible assets like stocks, real estate offers a sense of ownership and control. You can leverage renovations and upgrades to actively increase your property's value and appeal.
Protection Against Inflation: Real estate prices tend to rise alongside inflation, helping your investment maintain its purchasing power. It's a smart way to shield your money against the eroding effects of rising prices within the economy.
Important Considerations: Risks and Challenges
Market Volatility: Economic downturns or shifts in demand can lead to declining property values. Investors must prepare for market fluctuations.
High Entry Costs: Prices in major cities can be a barrier. Smart budgeting and targeting less expensive regions are often necessary.
Ongoing Expenses: Maintenance, repairs, and property taxes add to ownership costs, eating into profit margins.
Time and Effort Commitment: Successful investing demands extensive research, deal negotiation, and potentially tenant or property management.
Strategies to Maximize Your Success
Here are some proven strategies to achieve your Canadian real estate investment goals:
1. Buy and Hold: The Long-Term Play
Focus: Capital appreciation and rental income over time.
Method: Acquire properties in areas with potential for growth, holding them for extended periods.
Ideal For: Investors seeking consistent passive income and long-term value growth.
2. House Flipping: Fast Profits, Calculated Risks
Focus: Quick returns through renovating and reselling undervalued properties.
Method: Identify properties with potential, undertake cost-effective renovations, sell for a profit.
Ideal For: Investors with construction/renovation knowledge and an eye for market trends.
3. House Hacking: Affordable Entry, Income Boost
Focus: Reducing living costs while entering the real estate market.
Method: Purchase a multi-unit property, live in one unit, and rent out the others.
Ideal For: First-time buyers and investors seeking reduced ownership expenses.
4. Real Estate Investment Trusts (REITs): Diversification and Ease
Focus: Passive income from a professionally managed portfolio of properties.
Method: Purchase shares in a REIT, receive dividends from rental income or property sale gains.
Ideal For: Investors seeking hands-off real estate exposure and consistent returns.
5. Private Real Estate Funds: Large-Scale, High Potential
Focus: Significant returns through investing in large commercial or development projects.
Method: Pool capital with other accredited investors, benefit from professional fund management.
Ideal For: Experienced investors with substantial capital and a higher risk tolerance.
Additional Factors to Consider
Financing: Research different mortgage products and shop around for the most competitive interest rates. A favorable rate can significantly impact your monthly costs and overall profitability.
Tax Implications: Canada offers tax deductions and benefits for real estate investors. Consulting a tax advisor can help you understand eligible expenses, depreciation calculations, and strategies to maximize your after-tax returns.
Local Regulations: Familiarize yourself with local bylaws including zoning, which dictates the permitted uses for a property, potential rental restrictions, and any relevant building codes and permits. This information is essential for avoiding costly fines or project delays.
Conclusion
Investing in Canadian real estate requires thorough research, careful planning, and a willingness to adapt to market dynamics. By understanding the advantages and risks, choosing a suitable strategy, and staying informed about local regulations, you can position yourself for long-term success in this dynamic asset class. Whether your goal is passive income, wealth accumulation, or active involvement in property development, the Canadian real estate market offers a wealth of opportunities for those who approach it with a strategic mindset.
Let me know if you'd like further expansion or focus on specific strategies!
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October Toronto Real Estate Market Update: Is It a Good Time to Buy?
#youtube#realestate#toronto real estate#Toronto housing market#Toronto property trends#Toronto housing update#toronto real estate news#Toronto home prices#Toronto real estate statistics#Toronto real estate market insights#Toronto property market update#Toronto real estate investment#Toronto housing affordability
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The Role of Facebook Groups in Connecting with Local Homebuyers in Canada
The digital era has reshaped how people connect, communicate, and conduct transactions. In Canada, one emerging trend is the growing role of Facebook Groups in the real estate market. These groups, acting as virtual communities, are transforming the way homebuyers, sellers, and agents interact, fostering connections in a highly targeted and localized manner.
The Growth of Facebook Groups in Canada
According to recent statistics, over 27 million Canadians are active Facebook users, and a significant portion engages in local community groups. These groups cover a wide range of interests, including real estate. Real estate-focused Facebook Groups often cater to specific cities or neighborhoods, enabling highly relevant interactions among local buyers, sellers, and real estate professionals.
For example:
"Toronto Home Buyers and Sellers" boasts over 25,000 members, where users exchange property listings, market insights, and referrals.
Smaller groups like "Vancouver Downtown Condos" help narrow down searches for specific property types, enhancing the user experience.
Why Facebook Groups Are Ideal for Homebuyers
Localized Focus: Buyers can access hyper-local information, such as neighborhood amenities, school reviews, and crime rates, often shared by group members.
Direct Communication: Homebuyers can interact directly with property owners or agents, bypassing the need for intermediaries.
Real-Time Updates: Listings in Facebook Groups are often updated faster than on traditional real estate websites, giving users a competitive edge.
Key Benefits for Real Estate Professionals
Real estate agents and brokers in Canada are leveraging these groups as a powerful social media marketing tool:
Targeted Advertising: By participating in or sponsoring posts within these groups, professionals can reach their desired audience.
Brand Authority: Sharing valuable insights about market trends or offering free consultations helps establish credibility.
Community Engagement: Active participation fosters trust, a crucial factor in real estate transactions.
Tips for Homebuyers Using Facebook Groups
To maximize the benefits, homebuyers should:
Join groups relevant to their target location and property type.
Actively participate by asking questions about listings or the local market.
Use caution and verify listings to avoid scams, which occasionally occur in online communities.
Opportunities for Agents
For agents seeking to capitalize on the growing popularity of Facebook Groups, check out this insightful article on how different social media platforms can be leveraged to reach potential homebuyers and sellers.
Challenges and Solutions
Despite their many advantages, Facebook Groups come with challenges:
Verification: Listings may lack thorough vetting, requiring users to exercise due diligence.
Competition: The accessibility of these groups means agents must stand out by offering unique value propositions, such as exclusive listings or personalized advice.
Conclusion
Facebook Groups have established themselves as a vital tool in the Canadian real estate market. For homebuyers, they offer a wealth of localized information and direct communication channels. For agents, these platforms provide an opportunity to build relationships and grow their business. By leveraging these groups wisely, stakeholders in the Canadian housing market can foster stronger connections and achieve their goals efficiently.
Would you like further insights or help optimizing your real estate strategy for social media platforms?
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🤔 #SQUATTERS in #Toronto: Unseen Challenges for #Homeowners!🏠 #shorts by Manoj Atri, REALTOR® 🔍 Join us as we delve into the unique homeowner challenges in Toronto, featuring unexpected squatter issues that can turn your dream home into a nightmare. 😱 Learn valuable lessons about real estate and the human stories behind the statistics in this insightful discussion! 📈 🏘️ #Investors Flee #Toronto! New #Home #Sales & #Condo Demand Collapses Despite Falling #Prices. 📉 🤔 Are you wondering what's happening in the Toronto housing market? 🔍 New home sales and condo demand have plummeted, even though prices are falling! 💸 Is this a sign of a housing crash or is it just a temporary blip? 🌪️ 🙁 #RealEstateToronto 📌 #TorontoRealEstate 🌆 Full Related YouTube Video: https://youtu.be/6yuHurE_2r8 👉 Subscribe Now for more Tips and Insights: https://www.youtube.com/@ManojAtri9?sub_confirmation=1 ✨ Help me reach 1000 Subscribers! 🎉🙌📈 🌆 Hot News Daily: Toronto Real Estate Digest! 📈 Tuesday 26th Nov 2024 Newsletter: Review Entire Podcast 20 Hot off the press News Articles Here: https://ift.tt/JQyMSHG ▶ Visit the following website links for HOT New TORONTO REAL ESTATE for Sale Listings → https://ift.tt/HP9FeL7 ▶ Manoj Atri, REALTOR® with Architectural Experience Re/Max Hallmark Realty Ltd., Brokerage 401 – 685 Sheppard Ave E, Toronto ON M2K 1B6 Office: [416] 494-7653 | Cell: [416] 275-2089 Fax: [416] 494-0016 | Email: [email protected] ▶ "Disclaimer: This Shorts Video's content summarizes multiple news articles. Full attribution is available in the original linked sources & in full related YouTube Video. The thumbnail, newsletter, podcast audio and video are AI-generated. Video title, description, and supporting content are created for context." *** Not intended to solicit any Buyer or Seller under Contract. *** #HomeownerChallenges #TorontoRealEstate #SquatterIssues #RealEstateReality #HomeownerStories #PropertyManagement #TorontoLiving #HousingMarket #UnexpectedChallenges #HomeownerAwareness via YouTube https://www.youtube.com/watch?v=gTRV_aXw9AM
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Slapshots, Pirouettes, Pizza Fridays, and Pricy Daycares: A Close-Up on the 2024 Family Finances in Canada!
Hello there, fellow parents in the Great White North! Grab your double-double and take a seat, because today we're diving into the wonderfully absurd world of raising young children in our beautiful country. The joys of parenthood, where every day brings a new adventure, and every adventure brings a new expense. Yes, I am walking blindly into the tortuous topic of cost of living!
First and foremost, let's talk about housing. The dream of providing a safe and comfortable home for our families is universal, except, in today's housing market, finding an affordable home in a suitable location is about as likely as spotting a polar bear in downtown Toronto. So, we improvise. Our lovely home may feel more like a game of jenga, with kids' toys strategically scattered in every nook and cranny, but hey, it's home. In all seriousness the reality in Canada's current housing market can be terrifying. With skyrocketing real estate prices and rental rates that seem to climb daily with unrealistic income and credit requirements needed just to apply, finding affordable housing suitable for a growing family can be a significant challenge. An overwhelming 82% of Canadian households with children under the age of 19 express a strong belief that the government should give top priority to making housing more affordable. (Abacus Data, housing affordability hits home, 2024). Many families find themselves juggling cramped living spaces or stretching budgets to meet mortgage or rent payments, all in the name of providing stability for their children.
Most Canadian families have two working parents, which brings about another Parenting Hardship The ever-growing cost of childcare which can be a substantial financial burden for many Canadian families. Whether it's enrolling children in daycare programs with prices averaging around $70/day per child (CBC, March 2022) the expenses associated with childcare can be equivalent or more then cost of a second mortgage, and it’s not over once your children are in school full time, the average cost of summer camp is around of $200.00 per week with a 10-week summer vacation that is a whopping $2,000.00 per child! Trying to balance work, daycare fees, and the occasional night out is enough to make you want to curl up in a fuzzy blanket and call it a day.
If you have managed to secure affordable housing, and childcare take a breath before walking into your local Grocery store because the cost of Grocherys is about to ravish your bank account. Feeding a growing family is becoming increasingly difficult for your average Canadian family. The weekly trip to the grocery store can feel like a test of endurance, as parents strive to make healthy choices while staying within budget constraints. The cost of essentials like fresh produce, dairy products, and protein sources can add up quickly, leaving little room for indulgence or unexpected expenses. In 2023 my personal grocery budget was $250 per week, now in February 2024 I am lucky to do my weekly grocery shop in less than $310. Statistics Canada data shows the food component of the consumer price index has risen by 5.9 per cent in the past 12 months (Stats Canada, Dec 2023).
Now let’s talk about the extras, The things parents feel are necessary, but really aren’t for children to be happy and thrive, It is a financial trap we as parents find ourselves in continuously. I am talking about Hockey, Ballet, Karate, Skating, Drama classes. The list goes on and all these extracurricular activities add up and can really decimate bank accounts! However, we want to provide our children with experiences, and convince ourselves all these things will help create a well-rounded individual. I honestly believe these activities are important, but at what point does it all become too much? According to Global news the cost to play in the GTHL, the biggest minor league in the world, will cost the average player approximately $5,500 per season, and this does not include equipment, transportation to games, or potentially costly hotel stays. I will likely continue to purchase dance classes, sensory gymnastics classes, and STEM club memberships for my children, however, as parents we should be mindful of how much of our budget is being spent on these enrichment activities for children.
Despite the challenges, it's essential to remember that the journey of parenthood is about more than just dollars and cents. The joy of watching our children grow, learn, and thrive outweighs any financial sacrifice. It is the hardest time in our lives, but as long as we are providing a nurturing environment, fostering a love of learning, and instilling values of resilience and resourcefulness, we will equip our children with the tools they need to succeed in life. Whether you are living in a cramped rent-controlled apartment, or a beautiful detached in Toronto, Cheers to all the parents out there navigating the financial realities of parenthood in Canada, know that you are not alone. Reach out for support when needed, explore available resources and programs that are available for you, and remember to celebrate the small victories along the way. May your days be filled with laughter, your coffee be strong, and your pockets be deep enough to afford that extra-large double double. Cheers, eh!
#cost of living#canadian#parenting#parenthood#momlife#children#comedy#working mom#working moms#mom#canada#in this together
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While most real estate markets see monthly gains, here's where home prices are falling
Although the average price of a home in Canada has fallen year-over-year, new data from the Canadian Real Estate Association (CREA) shows prices in most major cities have been rising on a monthly basis since January.
The average price of a home in Canada was $716,083 in April, not seasonally adjusted, according to statistics released by the CREA on Monday. While this represents a decrease of 3.9 per cent compared to the same time last year, it is about $104,000 higher than the average price of a home at the beginning of 2023.
According to the CREA, this increase is due to a rebound in home sales, primarily in regions such as the Greater Toronto Area and Lower Mainland British Columbia.
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“Over the last few months, there have been signs that housing markets were going to heat back up this year, so it wasn’t a surprise to see things take off after the Easter weekend, which often serves as the opener to the spring market,” said CREA chair Larry Cerqua in a press release Monday.
Demand for housing continues to outpace supply across the country, according to the CREA. Home sales rose 11.3 per cent in April compared to the month prior, despite the number of newly listed properties in Canada remaining at a 20-year low.
The surge in demand and low inventory has put sellers “back in the driver’s seat” in most major Canadian cities, according to a housing market update from the Royal Bank of Canada also released Monday. Current demand-supply conditions have contributed to the latest price gains month-over-month, said CREA senior economist Shaun Cathcart in a press release.
In addition to markets such as the Greater Vancouver and Toronto areas, other cities such as Calgary, Winnipeg and Montreal have also seen increases in average home prices on a monthly basis. The Halifax-Dartmouth area and Ottawa saw some of the largest price gains from March to April, at 7.6 and 6.4 per cent, respectively. These figures are based on average sale prices over MLS systems for residential properties, and are not seasonally adjusted.
Meanwhile, some cities are seeing declines in average home prices. These include Saskatoon and Trois-Rivieres, Que., as well as the province of Prince Edward Island.
Compared to other real estate markets, the number of new listings in these regions has remained relatively consistent year-over-year, CREA data shows. In Trois-Rivieres, for example, new residential listings dropped 4.1 per cent in April 2023, compared to the same time last year. In the Greater Toronto Area, the supply of new residential listings dropped 38.3 per cent in the same period of time.
According to RBC, the price correction involving Canada’s real estate market is now over, with home prices having bottomed out in recent months. If buyer demand remains strong, this could lead to further gains in home prices, the bank says.
CTVNews.ca has compiled a list of properties currently available in markets where home prices have dropped month-over-month, as well as other major cities in Canada.
SASKATOON
Type: House
Price: $359,900
Year Built: 1974
Property Size: 106.47 sq. m
Lot Size: 612.88 sq. m
Difference in monthly average price: -6.1 per cent
With more than 100 square metres of living space, this Saskatoon bungalow includes an open-concept living and dining area, as well as a kitchen and four bedrooms. Both bathrooms were recently renovated, and new windows were installed in the last few years. The home is within walking distance of the South Saskatchewan River, as well as trails, parks and schools.
TROIS-RIVIERES, QUE.
Type: Semi-Detached House
Price: $324,800
Year Built: 2008
Property Size: 136.75 sq. m
Lot Size: 473 sq. m
Difference in monthly average price: -5.8 per cent
Situated in Trois-Rivieres, this semi-detached home includes three bedrooms and two bathrooms. On the main floor, the open-concept kitchen is combined with the dining area, which provides access to the backyard. This private outdoor area has a patio and gazebo.
PRINCE EDWARD ISLAND
Type: Semi-Detached House
Price: $370,000
Year Built: 2023
Property Size: 117.43 sq. m
Lot Size: 0.26 hectares
Difference in monthly average price: -5.4 per cent
Laminate flooring runs throughout this semi-detached home in Summerside, P.E.I. In addition to an open-concept kitchen, living and dining area are two bedrooms and two bathrooms. It’s possible to see Summerside Harbour from the property, and there are no neighbours behind the backyard.
MONTREAL
Type: Apartment
Price: $599,000
Year Built: 2020
Property Size: 50.5 sq. m
Lot Size: N/A
Difference in monthly average price: +1.2 per cent
Spanning about 50 square metres, this apartment in Montreal’s International District has one bedroom and one bathroom. Wood flooring runs throughout most of the unit and floor-to-ceiling windows let in plenty of natural light. Near the apartment are schools, parks and public transit.
GREATER VANCOUVER
Type: Apartment
Price: $1,289,000
Year Built: 2003
Property Size: 94.76 sq. m
Lot Size: N/A
Difference in monthly average price: +2 per cent
In addition to two bedrooms and two bathrooms, this 94-square-metre apartment unit also includes an open-concept living, dining and kitchen area. The main bedroom has a walk-in closet and additional storage space, while both bathrooms feature wrap-around tiling. The unit itself overlooks Vancouver’s Yaletown neighbourhood and building amenities include a gym and sauna.
CALGARY
Type: Apartment
Price: $550,000
Year Built: 1979
Property Size: 115.4 sq. m
Lot Size: N/A
Difference in monthly average price: +2.8 per cent
Occupying the top two floors of its building, this penthouse unit in Calgary spans about 115 square metres and includes two bedrooms and one bathroom. Next to the two-storey living room with a natural gas fireplace is the kitchen, which was recently renovated and includes an island with seating for four. Completing the unit is a rooftop patio with views of the city skyline.
GREATER TORONTO
Type: Townhouse
Price: $1,158,000
Year Built: 1873
Property Size: 102.47 sq. m
Lot Size: 92.39 sq. m
Difference in monthly average price: +4 per cent
Built in 1873, this character townhouse has seen many upgrades throughout the years, including the installation of a new wood fireplace. The main floor has an open-concept design with three-metre ceilings. On the upper floor are two bedrooms and one four-piece bathroom. Situated in Toronto’s Corktown neighbourhood, this home is within walking distance of public transit, restaurants and more.
SAINT JOHN, N.B.
Type: House
Price: $369,000
Year Built: 1958
Property Size: 154.22 sq. m
Lot Size: 1133.97 sq. m
Difference in monthly average price: +4.3 per cent
Various upgrades have been made to this Saint John, N.B., bungalow over the last five years, including the addition of a new deck in the backyard and two gas fireplaces inside. In addition to a recently renovated kitchen are separate living and dining rooms, as well as three bedrooms and three bathrooms. On the lower level are family, laundry and cold rooms.
EDMONTON
Type: House
Price: $429,900
Year Built: 1945
Property Size: 69.9 sq. m
Lot Size: 409 sq. m
Difference in monthly average price: +4.6 per cent
This bungalow is situated in Edmonton’s Old Strathcona neighbourhood and features three bedrooms and two bathrooms. In addition to the living room is a newly renovated kitchen offering access to the deck and a fully landscaped backyard. In the basement is a Scandinavian-style bedroom, a spa-inspired bathroom and a gas fireplace. The home itself is a short walk from the Mill Creek Ravine.
VICTORIA
Type: Townhouse
Price: $1,099,000
Year Built: 2002
Property Size: 150.97 sq. m
Lot Size: 183 sq. m
Difference in monthly average price: +5.4 per cent
At the entrance of this Victoria home is a main foyer with a coat closet and space to greet guests. On the main level is a combined living and dining area with vaulted ceilings, maple floors and an electric fireplace. The living area also offers access to a deck with views of the Olympic Mountains in the United States. Rounding out the home are three bedrooms and two bathrooms.
WINNIPEG
Type: House
Price: $349,900
Year Built: 1912
Property Size: 83.52 sq. m
Difference in monthly average price: +5.8 per cent
Located in Winnipeg’s Norwood Flats neighbourhood, this single-storey home has been completely remodelled. On the main floor, the combined living and dining area features a new electric fireplace made with stone. Quartz countertops have been installed in the kitchen, and new vinyl plank flooring runs throughout the home. In addition to two bedrooms are two bathrooms, and the property’s basement is partially finished.
OTTAWA
Type: Townhouse
Price: $685,000
Year Built: 1999
Property Size: 92.9 sq. m
Lot Size: 113.39 sq. m
Difference in monthly average price: +6.4 per cent
This end-unit townhouse is located in Ottawa’s New Edinburgh neighbourhood. Throughout the home are hardwood floors and flat ceilings. On the main level is a combined living and dining area with access to a private terrace, and on the upper level are two bedrooms and one bathroom. Grocery stores, coffee shops and more are all within walking distance.
HALIFAX-DARTMOUTH
Type: House
Price: $569,900
Year Built: 1963
Property Size: 165.37 sq. m
Lot Size: 0.05 hectares
Difference in monthly average price: +7.6 per cent
This house in Dartmouth, N.S., spans about 165 square metres and includes three bedrooms and two bathrooms. At the front of the home is a covered verandah, while a sundeck is located in the backyard. The basement is fully finished and offers additional storage space, as does the garage. The home itself is situated near ponds, parks and walking trails.
NEWFOUNDLAND AND LABRADOR
Type: House
Price: $339,900
Year Built: 2007
Property Size: 209.03 sq. m
Lot Size: under 0.2 hectares
Difference in monthly average price: +8.7 per cent
With three bedrooms and three bathrooms, this two-storey home in Paradise, N.L., is about 209 square metres. At the front of the home on the main floor is the living room, which features hardwood floors and a fireplace. Towards the back is the kitchen, which has a breakfast bar and adjacent dining area. The kitchen also offers access to a fully fenced backyard with a shed for additional storage.
from CTV News - Atlantic https://ift.tt/VyMasnw
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Why Clarington Is a Great Place to Invest in Real Estate
Clarington is a fast-growing community with an ever-expanding real estate market. If you're thinking of investing in property here, now is the time to act.
In Clarington, there are several reasons to invest in real estate. The population growth, job opportunities, and low average commute rates are just a few reasons why this neighborhood is attracting many Clarington real estate agents. Moreover, the municipal government is supportive of new businesses and developments, making it easy for investors to get their hands on some prime property.
Reasons To Invest in Clarington
Clarington is a municipality located in the Regional Municipality of Durham, on the border of Ontario's Golden Horseshoe region. It is approximately 72 km (45 minutes) east of Toronto. Clarington is a great place to invest in real estate for many reasons.
One reason is that it is a growing municipality. The population of Clarington has been growing steadily over the past few years. According to Statistics Canada, the population in 2016 was 92,013, which was an increase of almost 8% from the 2006 census. This trend is expected to continue as more and more people are moving to Clarington to take advantage of the municipality's many amenities and its proximity to Toronto.
Another reason to invest in Clarington is that there is a variety of housing options available. Whether you're looking for a detached home, a semi-detached home, a townhouse, or an apartment, you'll be able to find it in Clarington. There is also a wide range of prices, so you can find something that fits your budget.
Investing in Clarington real estate is a great way to secure your future. With a growing population and a variety of housing options, you're sure to find a property that meets your needs.
Many people believe that buying property is a high-risk investment. However, this isn't always the case. With careful planning and detective work, you can make money from your investments even in tough markets. Another way to get good deals is by hiring real estate agents in Clarington. As long as you do your research, Clarington has all the makings of a great place to invest in real estate.
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OTTAWA: A ban on foreigners buying residential property in Canada took effect on Sunday, aiming to make more homes available to locals facing a housing crunch. Several exceptions in the act allow individuals such as refugees and permanent residents who are not citizens to buy homes. In late December, Ottawa also clarified that the ban would apply only to city dwellings and not to recreational properties such as summer cottages. The temporary two-year measure was proposed by Prime Minister Justin Trudeau during the 2021 election campaign when soaring prices put home ownership beyond the reach of many Canadians. “The desirability of Canadian homes is attracting profiteers, wealthy corporations, and foreign investors,” his Liberal Party said in its election plank at the time. “This is leading to a real problem of underused and vacant housing, rampant speculation, and skyrocketing prices. Homes are for people, not investors.” Following their 2021 election victory, the Liberals quietly introduced the Prohibition on the Purchase of Residential Property by Non-Canadians Act. Major markets such as Vancouver and Toronto have also introduced taxes on non-residents and empty homes. Despite a recent heyday, the country’s real estate market has cooled for sellers as mortgage rates followed the Bank of Canada’s aggressive monetary policy in a bid to rein in inflation. According to the Canadian Real Estate Association, average home prices have fallen from a peak of more than Can$800,000 (US$590,000) at the start of 2022 to just over Can$630,000 (US$465,000) last month. Many experts have also said the ban on foreign buyers — who accounted for less than five percent of home ownership in Canada, according to the national statistical agency — would not have the desired effect of making homes more affordable. Rather they point to a need for more housing construction to meet demand. The Canada Mortgage and Housing Corporation — the national housing agency — said in a June report that close to 19 million housing units will be needed by 2030. That means 5.8 million new homes must be built, or 3.5 million more than are currently anticipated to be built to meet that demand, it said.
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Exploring Tax Advantages of Investing in REITs
Real Estate Investment Trusts (REITs) have emerged as a compelling option for investors seeking to diversify their portfolios with real estate assets. Particularly in Toronto, Ontario, where the real estate market has shown robust growth and resilience, REITs offer a unique blend of accessibility and exposure to real estate investments without the complexities of direct property ownership. This article delves into the tax advantages that make REITs an attractive investment avenue and guides investors on how to navigate these incentives efficiently to maximize their returns. With insights drawn from recent statistics and credible sources, we aim to shed light on the fiscal benefits that underscore the appeal of REIT investments in Toronto's vibrant real estate market. Unlocking Tax Benefits of REIT Investments One of the most significant tax benefits of investing in REITs is the favorable treatment of dividends. Unlike dividends from traditional stocks, which are taxed at the standard rate, the majority of REIT dividends are treated as return on capital (ROC) in Canada. This classification defers taxes until the investment is sold, potentially at a lower capital gains tax rate (Canada Revenue Agency). This tax-efficient distribution increases the after-tax return on investment for REIT shareholders, making it an attractive option for income-focused investors. Moreover, REITs in Toronto are required to distribute at least 90% of their taxable income to shareholders annually. This requirement ensures a steady flow of income to investors, which is particularly appealing in Toronto's thriving real estate market. According to a recent report by the Toronto Real Estate Board, the city's real estate market has continued to show strong performance, underpinning the stability and potential for growth in REIT investments (Toronto Real Estate Board). Lastly, for non-resident investors, REITs present a unique tax advantage. The withholding tax on REIT distributions is typically lower compared to other types of investment income in Canada, making it a financially savvy choice for international investors looking to tap into Toronto's real estate market. This aspect of REITs underscores their appeal as a globally accessible investment vehicle, offering exposure to the lucrative Canadian real estate sector with reduced tax implications. Navigating REIT Tax Incentives Efficiently To maximize the tax advantages of REIT investments, it is crucial for investors to understand the specific tax treatments and requirements. Engaging with a tax professional who is well-versed in Canadian real estate investment can provide personalized advice and strategies tailored to individual financial goals and circumstances. This professional guidance can help investors navigate the complexities of REIT taxation, ensuring they leverage the available benefits effectively. Additionally, investors should stay informed about any changes in tax legislation that could affect REIT investments. The Canadian government periodically reviews and updates tax laws, which could have implications for REIT structures and the associated tax benefits. By staying abreast of these developments, investors can make informed decisions and adjust their investment strategies accordingly to maintain tax efficiency. Lastly, diversifying within the REIT sector can also enhance tax efficiency. By investing in a mix of equity and mortgage REITs, investors can balance their income generation and growth potential, while also managing the tax implications of their investments. This strategy enables investors to capitalize on different aspects of the real estate market, from property ownership to financing, augmenting the overall tax efficiency of their investment portfolio. Investing in REITs offers a compelling avenue for those looking to diversify their investment portfolio with real estate assets, especially within the dynamic market of Toronto, Ontario. Beyond the accessibility and exposure to real estate investments, REITs provide significant tax advantages that, when navigated efficiently, can substantially enhance the returns on investment. By understanding and leveraging these fiscal benefits, and with prudent professional guidance, investors can optimize their investment strategies in REITs. As the real estate market in Toronto continues to flourish, the tax-efficient nature of REIT investments stands out as a key factor in their growing appeal among both local and international investors. Read the full article
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Five Steps for How to Make Your Website More Engaging
According to some estimates, there are over 1.8 billion websites in the world as of today. Now imagine that your business URL is only a number among this gigantic pool of websites that receive millions of users every day.
So what is it that you can do for your website to make it more appealing to your potential customers? How can you turn your website into a lead-generating platform that eventually boosts your business’s bottom line?
We tell you all this and much more in this post below. If you’re willing to learn about ways to make your website more engaging, here are five steps you should take immediately. But first, start with hiring a commercial photographer.
Keep it Simple
The first tip to make an attractive and engaging website is to keep the design layout simple. Don’t add too much text or unwanted images to your website. In fact, go with less or more policy as you opt for a minimalistic website design.
Use the Whitespace
If there’s one thing to learn from Google, websites should confidently use the whitespace. Now your white space does not have to be white but is supposed to give your website a clean and clutter-free look. Design some pages with just professional photographs of your product with nothing written around them.
Make Good Use of Visuals
37 percent of people are visual learners. This means that if you put videos and photographs of your product on the website, you’re 37 times more likely to engage the audience and help them retain your business or brand name.
Don’t Rely on Stock Images
Instead of using stock images that do no good for your business, hire a photography service for product photography. Whether you’re a real estate business or a retailer, opt for real photographs of your business that help users build brand reputation and improve your website’s ranking.
Show Them More Than You Tell Them
Instead of filling the pages with heaps of text that people will not retain, use visuals such as videos and photographs to uplift your website. In fact, statistics claim that 84 percent of marketers believe videos help drive more leads for a website than text.
Hire Business Photography Expert in Toronto!
Are you designing an engaging business website and want to get the best commercial photography in Toronto? Then connect with Philip Castleton today. The photographer offers retail, real estate, as well as industrial photography.
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