Brokeres in Vaughan area NEEDED

[ycheun2]

Hello all!



Other than Kitchener, I am also considering the Vaughan area for income properties. Any good Real Estate agent/broker to contact in that area?



Thanks SOOO much for your recommendation.



Shirley

 

[housingrental]

Hi Shirley

This is an even worse choose of location than Kitchener.

Try giving REIN member Mark Loeffler a shout

 

[ycheun2]

Dear Adam,



I am a bit puzzled. Both Kitchener and Vaughan are featured in the TOP 10 ONTARIO to INVEST by REIN. Why do you think Vaughan is such a bad idea? I think the TTC Spadina line connecting to Downtown Toronto and the new Vaughan Metropolitan Center will be a big boost in housing demand. Maybe I am getting myself misunderstood in this?



What do you think of Kitchener at the moment?



Shirley

 

[Michael1854]

Hi Shirley,



I am a Realtor that specializes in Vaughan, and yes Vaughan has great potential for appreciation, however it is hard to find property that fits the rain system. That is the biggest challenge. Feel free to call me with any questions regarding the Vaughan Real Estate market.



Mike Lupo

416-999-9607

 

[ycheun2]

Mike,



I was thinking of investing in properties near the Vaughan Metropolitan Center. You mean it is diffficult to find property that is in the 8% cash flow zone? Property value too high at the moment?



I am looking for townhouse or condo with very low condo fees.



Shirley

P.S. Feel free to email me at [email protected]

 

[housingrental]

Rent to purchase price is too low in Vaughan

There is not money to be made from operations from standard buy and hold single family (condo, etc..) rentals with standard leverage

A purchase in Vaughan could work with a specific value add project - very hard to find + requires cash and expertise - so for example purchasing a $600K house putting in $200K reno and getting $900K from it, etc...

For a standard buy and hold investment purchasing in Vaughan is a bet on long term appreciation only - as you will be subsidizing your operations on an ongoing basis



I'm not a fan of Kitchener, but I'd choose it over Vaughan currently



I'm very familiar with both area's and lived most of my life around York Region.



[quote user=ycheun2]Dear Adam,



I am a bit puzzled. Both Kitchener and Vaughan are featured in the TOP 10 ONTARIO to INVEST by REIN. Why do you think Vaughan is such a bad idea? I think the TTC Spadina line connecting to Downtown Toronto and the new Vaughan Metropolitan Center will be a big boost in housing demand. Maybe I am getting myself misunderstood in this?



What do you think of Kitchener at the moment?



Shirley

 

[Vaughancondos]

I am a Vaughan Realtor, you will get the best deals on homes for sale in Vaughan Ontario. Also featuring Vaughan town houses, condos and detached homes for sale.

 

[MatPiche]

Hi Shirley,



I'm a realtor specializing solely with single-family investors here in Kitchener/Cambridge. I can definitely help find you properties that fit the REIN systems here. Feel free to visit my website HERE for more details on how I can help