If you find yourself behind in the realization of your financial goals, do not worry. There is a
proven, accelerated vehicle to reach any financial objective: investing in real estate.
If you have any equity in your home or some money saved and a steady income, you can start
right away. Invest in real estate today and in just a few years, you will be richer than you ever
thought possible. Whatever you financial goals might be: providing for retirement, paying for the
University studies of your children or amassing a small fortune to leave to charities, you can
easily accomplish them by investing in real estate.
It is not easy to save let’s say, $200,000 with after tax dollars and besides, with traditional
saving instruments, you will never be able to keep pace with inflation. Also to save means to
“give up” things you would otherwise spend your money on; it means to “give up” on life
enjoyment. Real estate investing provides accumulation of wealth through automatic equity
growth and appreciation. Not having to worry about saving, as your large financial goals are
taken care of by your real estate investments, you can now spend all your earned money on
whatever you wish, adding enjoyment and improving your quality of life.
Just to make it clear, I am talking about investing in real estate in Toronto and in the Greater
Toronto Area. The opportunities here are tremendous. Toronto real estate is still very
inexpensive compared to real estate prices in other major financial centers in the world: it is a
bargain. That is why foreign investors are buying our properties by the block, while, on the other
hand, too many Torontonians ignore what is under their noses. Eventually Toronto real estate
prices will reach the levels of other major cities around the world.
Do you need to reside in Toronto or in the GTA to invest in real estate in the Greater Toronto
Area? Obviously not. We are working with local investors as well as with investors from
European and Asian countries.
Why do you think there is such a competition for Toronto homes and condos? Why Toronto real
estate often sells considerably over asking in multiple offers situations? Investors are
increasingly recognizing the potential of Toronto real estate and that pushes the prices upwards.
Some media has been talking for several years about a future Toronto real estate “bubble burst”.
I think this is wishful thinking by people who have been left behind in the run and they hope that
the present situation will reverse so that they can take advantage of what they have missed the
first time around. Definitely, fluctuations are not only possible, but are almost inevitable in any
phenomenon of growth. However, I know people, who have been waiting to buy real estate for
ten years thinking prices will go down! Ten years ago ( May 2002) the average price of a
Toronto detached home was $273.889. Now ( May 2012), it is $646.565! Over 373,000 is a lot to
As I say,” it is always a good time to buy Toronto real estate”
Do not make the mistake to postpone buying for fear of a possible 5% or even 10% drop in
prices, while in the meantime prices are going up 10% or 15%.
There are definitely seasonal ups and downs in real estate and there other contingencies that you
need to consider to make your investment particularly profitable. That is where the guidance of a
knowledgeable real estate will make all the difference.