It’s been a busy day of sales for Momentum Development’s newest Waterloo project, RED Condominiums on King Street at Allen in Uptown Waterloo. They had a VIP launch last night, and are now over half sold – after just one day! RED Condominiums in Waterloo 1/2 Sold Out Momentum sold more than half the units [...]
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Update on the Canadian Real Estate Market – June 2010
This Month in Real Estate - Keller Williams International Canada’s economy continues to remain stronger than many other major national economies, and is affirmed by the Bank of Canada’s first rate increase since the beginning of rate cuts in 2008.Cana As rates begin to rise, experts believe the housing market is poised to soften. Incomes rise [...]
How profitable can investing in Kitchener Waterloo Real Estate be?
I just got this email from a client, who bought his first real estate investment property in 2008. He now owns 4 rental properties in Kitchener Waterloo, including student rentals, single family homes, and a future development site (currently rented). Hi Ben, I hope this message finds you and Sarah well and enjoying married life. [...]
Market Update: Real Estate selling fast in Kitchener Waterloo
“I can’t believe this sold in 2 days – the market is crazy these days!” – a client who wanted to invest in a condo this weekend (2nd unit in this complex that sold inside 3 days too) Homes and condo’s are moving very quickly in KW these days – our clients are involved in [...]
Canada Olympic Team Makes History in Vancouver 2010
Taking a short break from Real Estate –a quick one, I promise – I want to draw attention to the amazing day our Canadian athletes had in Vancouver today. I once joked that I preferred watching American coverage of the Olympics over Canadian television because it seemed like all the US channels showed was never [...]
New Mortgage Rules for Real Estate Investment in Canada
My wife and I are in the Carribean this week doing some research, so posting has been light. However, I want to pass along a few articles my friend Jeff Zabel, with Mortgage Alliance in Kitchener Waterloo emailed to me. They are about changes to the mortgage rules, and will affect real estate investors: This [...]
A profile of Eastbridge in Kitchener Waterloo, Ontario
One of my favorite neighbourhoods in Kitchener Waterloo is Eastbridge. Located in the North East part of the city, there are parks, trails, beautiful homes (ranging from condos, semis and towns to luxury homes worth more than $1 million), shopping (Conestoga mall is close by), close to restaurants like Wildcraft, Ben Thahn, The Keg and [...]
Why we invest in Kitchener Waterloo Real Estate
Yesterday I had the chance to sit down with two of our clients, Dr Robin Walsh and Darryl Kraemer to discuss why they invest in Real Estate, as opposed to any of the other investment vehicles available, like stocks, mutual funds, commodities, gold etc. Press play to hear what they had to say: Darryl and [...]
What Student Rental apartment buildings can you buy in Waterloo?
…and what return will you get on your money by investing in these student properties? This is something I’ve been asked a lot recently, especially with the news that CMHC is now back in the student rental financing game. In this video, we look at a 180 bedroom property that an investor is considering near [...]
