The Canadian Real Estate Investor

Canada's recent election where Carney won, with both major parties having similar housing and economic policies. The conversation explores post-election economic challenges, including trade tensions with the US and potential recession concerns⁠⁠. About 85% of Canadians voted for similar housing policies, with consensus on issues like lower taxes, help for first-time buyers, and the need to build 300-500k homes per year⁠⁠. Trade tensions with the US are creating economic uncertainty, with Carney and Trump scheduled to meet, while Deloitte predicts a recession and RBC forecasts a significant economic slowdown⁠⁠. The government is planning targeted responses including infrastructure spending and immigration policy changes, with permanent resident intake being reduced from 500,000 to 365,000⁠⁠. Exchange-Traded Funds (ETFs) | BMO Global Asset Management Buy & sell real estate with Ai at Valery.ca  Get a mortgage pre-approval with Owl MortgageSee omnystudio.com/listener for privacy information.

This episode's focuses on the seller's perspective in real estate transactions. We explore key considerations and provide practical guidance for homeowners looking to sell, addressing common questions about the selling process. Selling Costs: The total cost of selling a home includes REALTOR® fees (3-7%), legal fees (~$1,500), staging costs, cleaning fees, and potential mortgage penalties. Market Timing: While late spring and early summer are typically optimal for selling, market conditions can vary significantly, making timing subjective. Property Value Assessment: Realtors use Comparative Market Analysis (CMA) to determine property values by examining similar properties, analyzing sale prices, and considering factors like location, features, and market conditions. Exchange-Traded Funds (ETFs) | BMO Global Asset Management Buy & sell real estate with Ai at Valery.ca  Get a mortgage pre-approval with Owl MortgageSee omnystudio.com/listener for privacy information.

The Canadian federal election on April 28, 2025 presents three distinct approaches to the housing crisis: Liberal Platform (Mark Carney): Offers a middle path with both government intervention and market incentives, including a new federal housing developer (Build Canada Homes), MURB tax incentives for rental construction, and GST cuts for first-time buyers up to $1M. Conservative Platform (Pierre Poilievre): Proposes a free-market approach with significant tax cuts, including capital gains tax deferral for reinvestment, GST elimination on homes under $1.3M, and reduced government involvement in housing. NDP Platform (Jagmeet Singh): Advocates for a housing revolution with massive public spending, stronger regulations, and more tenant protections, including rent controls and restrictions on large-scale investors. The election is notably polarized, with polls showing over 80% of votes concentrated between the Liberals (45%) and Conservatives (37%), while the NDP sits at 8% support. Exchange-Traded Funds (ETFs) | BMO Global Asset Management Buy & sell real estate with Ai at Valery.ca  Get a mortgage pre-approval with Owl Mortgage  See omnystudio.com/listener for privacy information.

The common questions in the Canadian real estate market- Answered! We address concerns from both buyers and sellers in a challenging market environment. A detailed guidance on the home-buying process, starting with saving for a down payment and getting pre-approved for a mortgage, followed by finding a real estate agent. Comprehensive breakdown of closing costs is provided, with recommendations to budget between 1.5% to 4% of the purchase price, including various fees like legal costs, land transfer tax, and property adjustments. buying versus renting, discussing pros and cons of each option - such as equity building and stability for buying, versus flexibility and lower upfront costs for renting. Exchange-Traded Funds (ETFs) | BMO Global Asset Management Buy & sell real estate with Ai at Valery.ca  Get a mortgage pre-approval with Owl MortgageSee omnystudio.com/listener for privacy information.

Rod Gilbert, president of the Canadian Construction Association, highlights the construction industry's challenges including COVID-19 impacts and the housing crisis. He stresses the need for infrastructure investment, streamlined permitting, and solutions for labor shortages. Gilbert advocates for government support and improved construction job perception to attract workers, aiming to strengthen Canada's infrastructure future.  GTHA condo sales hit a 30-year low in 2024, with just 4,590 units sold.  Purpose-built rentals now exceed condo construction for the first time since 1993, while single-family permits reach historic lows.  Construction employs 1.6 million people and adds $151B to Canada's economy, though facing workforce and infrastructure challenges. Canadian Construction Association Exchange-Traded Funds (ETFs) | BMO Global Asset Management Buy & sell real estate with Ai at Valery.ca  Get a mortgage pre-approval with Owl MortgageSee omnystudio.com/listener for privacy information.

John Orr and Kyle Pearce share their transition from educators to real estate investors and podcasters. They explore real estate partnerships, the Smith maneuver for leveraging home equity, and tax optimization strategies. The discussion covers partnership dynamics, financial strategies including cash damming and vendor take back (VTB), and emphasizes the importance of understanding debt, cash flow, and building a strong financial team for long-term success. Learn more and connect with John & Kyle here https://canadianwealthsecrets.com/ Exchange-Traded Funds (ETFs) | BMO Global Asset Management Buy & sell real estate with Ai at Valery.ca  Get a mortgage pre-approval with Owl MortgageSee omnystudio.com/listener for privacy information.

The ongoing U.S.-Canada trade war is impacting Canada's housing market, with economists warning of significant effects across all economic sectors. The housing market is showing weakness with plummeting sales and price declines, while the stock market experiences extreme volatility with the S&P 500 dropping nearly 19% since early April. A nationwide 5% drop in housing prices is expected, with major cities like Toronto and Vancouver being most vulnerable Construction costs have fallen in Toronto and Ottawa, though trade tensions could disrupt this trend Toronto's March 2025 real estate sales hit their lowest levels since 1995, potentially signalling broader national trends Exchange-Traded Funds (ETFs) | BMO Global Asset Management Buy & sell real estate with Ai at Valery.ca  Get a mortgage pre-approval with Owl Mortgage  See omnystudio.com/listener for privacy information.

Reporting from Toronto City Hall with Counsellor Brad Bradford where we do a deep dive into whats wrong with the Canadian housing market and his insights on how to fix it.  Taxes & Development Charges  Does growth still pay for growth?  Can Missing Middle & Multiplexes help affordability Housing starts are down 68%  Get in touch With Brad Bradford Exchange-Traded Funds (ETFs) | BMO Global Asset Management Buy & sell real estate with Ai at Valery.ca  Get a mortgage pre-approval with Owl Mortgage  See omnystudio.com/listener for privacy information.

A comprehensive guide to finding real estate investment deals, with three main core strategies. The key to success is being prepared to act quickly when you find a good deal and having your financing ready. Direct Searching: Both on and off-market approaches, including using listing platforms, working with agents, exploring FSBO properties, and "driving for dollars" to find potential deals Strategic Networking: Building relationships with a power team including agents, mortgage brokers, lawyers, contractors, and property managers who can bring deals to you Targeted Marketing: Being specific about what you're looking for (like "waterfront cottages" or "student rentals near campus") rather than just saying you want "real estate deals" Exchange-Traded Funds (ETFs) | BMO Global Asset Management Buy & sell real estate with Ai at Valery.ca  Get a mortgage pre-approval with Owl Mortgage  See omnystudio.com/listener for privacy information.

Both leaders, Poilievre & Carney, are focusing heavily on housing affordability through different approaches. Carney emphasizes first-time buyers and economic management, while Poilievre promotes broader tax relief and supply-side solutions. The real estate market is currently experiencing a slowdown as investors and buyers wait for election results. The Canadian federal election is scheduled for April 28, 2025 Major housing policies from the two main candidates: Carney (Liberal): GST removal on new homes under $1M for first-time buyers only Plans to eliminate carbon tax Emphasis on economic stability Poilievre (Conservative): GST removal on all new homes under $1M Proposed 1031-style exchange program Links federal funding to municipal housing targets Watch On YouTube Get Your Navigating Capital Event Tickets Exchange-Traded Funds (ETFs) | BMO Global Asset Management Buy & sell real estate with Ai at Valery.ca  Get a mortgage pre-approval with Owl MortgageSee omnystudio.com/listener for privacy information.