Category Archives: Investment Property

BlogArt_May_2017

When the Guelph Investment Market Changed

By | Investment Property | No Comments

For years, the Guelph investment game was pretty simple. Purchase property for X, rent it for Y, and after all of your expenses are paid, make a few $100 per month, or simply just break even to cover your expenses and Bob’s your uncle.  Sounds easy, right? However, it was sometime around the start of last summer that everything in the Guelph investment game started to change. All of the sudden prices started to skyrocket and nobody really knew why. It was crazy. I remember bidding on a property at 1155 Gordon St that was listed for $374,900. All of…

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HomeInspection

Pre-Offer Home Inspections in a Seller’s Market

By | Buying, Investment Property | No Comments

There’s no shortage of chatter about the current Real Estate Market in Guelph. It’s such a wild, wild Seller’s Market that it can feel a bit hopeless for Buyers when it comes to conducting the matters of basic due diligence recommended when buying a home. What, exactly, do I mean by that? I mean that, in a more balanced market, we see conditions attached to most offers, including the ability to arrange mortgage financing, insurability, and home inspections. In today’s Guelph market, we’re seeing few (if any) of those conditions on offers at the negotiating table… if we can even call it that,…

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TW_DowntownNewGuelph

Why move, invest & live in Downtown Guelph

By | Buying, Investment Property | No Comments

What makes a great city great? If you think of great cities like Toronto, New York, or London what is one thing that they all have one thing in common? Vibrant downtowns. When you hear the name New York you think of Times Square and Broadway. Toronto? Yonge Street. London? Trafalgar Square.  To this list we want to add Guelph. Stay with us here. Of course Guelph isn’t as massive as these major cities but it does have all the things that makes them exciting places to live: Beautiful architecture and rich heritage? Check! Guelph was founded in 1827 and…

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olduni_numbers2

Old University – Let’s look at those numbers

By | Investment Property | No Comments

Old University is one of those areas in Guelph where real estate values have always shown an extreme demand for location. One of the first things I hear many investors say is, “Walking distance to the University of Guelph”. Naturally, the Old University area comes to mind but with the incredibly hot real estate market Guelph had in 2016, plus this area of Guelph’s historically inflated sales prices, it has to make you wonder, “Is buying a rental property in Guelph’s Old University area still a good investment?” I felt the only fair way to answer this was to back…

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investpredictions_2017

2017 Investment Fortune Telling

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2016 has been a crazy year of major price increases and general pandemonium within the Guelph real estate market. We’ve seen popular student complexes such as 1155 Gordon St jump $40,000 in just three short months, and watched bidding wars take place on properties that would have otherwise sat on the market for weeks, without a single buyer in sight, just a few short years ago. With the unprecedented rising prices in certain complexes within the Guelph student investment market in such a short period of time, you have to wonder if the other complexes prices will follow suit? Although…

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mindset

The 2017 Student Investor Mindset

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It’s a familiar story, your child has decided to go off to university and you as the parent are thinking about turning their education into an investment by way of the student rental property. You have done your research, the numbers work, and you are financially prepared to make the purchase of a student rental, good to go, right? (buzzer noise) Not quite. Student rental investment season in Guelph is right around the corner, and even though you are financially prepared to take on the investment, it is important to make sure that you are also mentally prepared. Kyle Woods…

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speed

The SPEED of the Guelph student investment market

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The speed of the Guelph student investment market is something that has always fascinated me. Every year in the first week of January the floodgates open up and prime student rental properties start coming on the Guelph real estate market. There is a short 2-month burst of fury and excitement right up until the end of February and then the floodgates miraculously close yet again, only to let a few trickles out here and there until the next season! Why does this happen? The first reason would be the Guelph student rental cycle. With the vast majority of student leases in…

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mistakes

Mistakes to avoid when investing in Guelph real estate

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We often talk about the best ways to invest your money in real estate, the most effective strategies depending on your investment goals, as well as the do’s and don’ts of real estate investment, but I find that it’s mainly the do’s which are talked about the most…I’m even guilty of this accusation in my own blogs. Today, I’m going to do something different and focus on the don’ts – the mistakes you should avoid as a newbie in the real estate investment arena.  I will of course pair a remedy to each mistake requiring circumvention, however, I still want…

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student_thinking

Get inside the mind of a student

By | Investment Property | No Comments

So, you like the idea of purchasing a student rental,  I can’t argue with that call. A student investment property in Guelph has long proven to be a terrific long-term investment. A major component in the success of any investment property, is of course, the attainable monthly rents. With a vacancy rate typically sitting around 1% these days, we know finding people to rent isn;t really the problem. Figuring out maximum rents, can be slightly more confusing. As Realtors we talk all of the time. We gather and share information to gain a broader perspective on what is really happening…

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matter-of-time

A Matter of Time – Rent in Guelph is Going Up

By | Investment Property | No Comments

With the rising prices of houses in Guelph, sustainability of rents can only last so long before an increase has to take effect. Take, for instance, the increase in the median detached sale price in all of Guelph between 2016’s 2nd and 3rd quarter. It was a 7.4% increase which, if sustained for a 12 month period, would mean an increase of close to 30% to the median detached sale price of homes in Guelph in only 1 years time! Theoretically, this means an investment property that could be purchased this year for $350,000 would have to be purchased next…

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