Toronto Real Estate - Sean Shreve

05/20/2012

Great builders deal on Edge condos at Triangle park (Queen west). Make aprx. $50000 on sale after one year.

or

Close on property refinance to recoup your initial investment and be the proud new owner of self sustaining income property (aprx. $200 profit/monthly)

If you would like to know more about this exciting deal or have any questions pertaining to real estate at all please do not hesitate to get in touch. Remember the only dumb question is the one you should have asked!

Regards
Sean Shreve

(647) 779-3473
[email protected]

03/20/2012

We are listing a beautiful 3 Bedroom 2 bathroom fully finished home with a backyard that walks out on to the Humber river ravine at Babypoint. Open houses have yet to be scheduled but individual home viewing appointments are available. For more information on this property get in touch with me @ (647) 779-3473.

02/12/2012

Great new listing walk out to the Humber river and Baby point ravine! get in touch if your interested.

11/10/2011

Why 5 year fixed mortgages may be the way to go

TD Bank's chief economist Don Drummond explains where rates go next in our Let's Talk Investing video series

11/10/2011

Why 5 year fixed mortgages may be the way to go

11/10/2011

This is exactly what I have been saying! A growing cities demand for single family dwellings increases with its population. The last line of this article encapsulates my point perfectly ... "prices that seem inflated today could look like a real deal as demand for building sites shows no sign of letting up."

The dream of raising children in a house with a yard may be dying, Toronto real estate survey says

10/24/2011

Lately I have been speaking to a lot of people who are waiting for the real estate bubble to pop. I am hearing about grand five year plans that involve ridiculously reduced home prices and an inexplicable lack of reaction (increase) in interest rates. I just wouldn't be doing my due diligence if I were to fail to discuss some of the issues with this particular approach.

1) A projected pop in the real estate bubble in Canada is incredibly unlikely to manifest itself in the same way as a complete economic downturn and recession that effected real estate markets in the United States. This means that at worst you might see a stabilization in inflation back to the tried and true 2.25% over four years that has and will continue to be the industry standard in Torontonian real estate.

2) Interest rate are designed to reflect and capitalize on product value. this means that if houses are more expensive and less attainable interest rates as set by the Bank of Canada will be placed at a percentage that will ensure that they are not the final dissuading expense. While if houses are undervalued and readily purchased the Bank of Canada will increase interest rates to reflect the lack of equity that that purchase represents. It should be noted that, regardless of home pricing at the time, interest rates tend to hit the average middle class purchaser for the same amount.

2% of $500 000 = $10 000
4% of $250 000 = $10 000

You are looking at making the same interest rate expenditure or more for a reduced equity building purchase.

3) For those of you who are waiting for these large under-priced homes I must again point out that we are not the United States. The housing prices in the U.S. per square foot have been severely skewed by mass foreclosure and bank auctions. Neither of these practices are common place in the Canadian real estate landscape. You really have to put yourself in the shoes of a property seller and see it from their perspective. If you were not in a dire circumstance and you didn't need to generate capital immediately then why would you put a gem up on the market bellow cost. What you will find is with a reduction of purchaser fervor and willingness to spend will come a reduction in product on the market which will negatively effect purchasers options and opportunities. We are not in the same position as the United States and if anything we should strive not to duplicate their mistakes. This means as a responsible professional I should not only buy and sell real property, I should also advocate good and sound fiscal and forward thinking. Any decision of the magnitude of selling or purchasing a home should be a premeditated one.

4) My last point of conversation is a simple one. Toronto's population is growing and as it does so home ownership will be at more and more of a premium ($$)!

I would love to hear your feedback and assist you with any of your real estate needs. Get in touch with me at [email protected] or join the conversation on my Facebook group page

Sean Shreve Toronto Real Estate

Thanks for taking the time to read on. Hope to hear from you soon!

S. Jesse Shreve (647) 779-3473

09/23/2011

We are scheduling financial planning sit downs for perspective first time home owners. If you are interested in sitting down and discussing your purchasing goals with a real estate professional call me directly @ (647) 779 3473. The number of options available to first time home owners may really surprise you!
-Sean Jesse Shreve

09/12/2011

Gearing up for a busy winter! Still offering cash incentives for referrals. Act now and get paid in time for Christmas!! Look forward to hearing from you!

09/08/2011

The fact that this was written in 2008 shows in some of the comments pertaining to slow gentrification. This aside the article does provide a fair assessment of the South Parkdale experience. Keep in mind that like most of Toronto Housing prices have risen since 2008. That being said this is still a great place to invest in a large house and lot for less than almost anywhere in Toronto proper.

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09/07/2011

If you want to get in touch with me and talk about mortgage rates and home availability/affordability do not hesitate to contact me @ 647 378 0095.

09/07/2011

"Home sales will be bolstered by low mortgage rates moving
forward. The Bank of Canada is expected to be on the sidelines until the second half of 2012 or even into 2013. However, home ownership affordability in the City of Toronto could be further improved with the removal of the City’s land transfer tax. This tax currently represents a substantial upfront cost for home
buyers." - Toronto Real Estate Board President Richard Silver