Broadview Table Talks: Toronto Real Estate Podcast

What are the causes, consequences, and potential solutions to this ever-increasing rent in the Greater Toronto Area?

Condo and apartment research firm Urbanation just announced that purpose-built rentals have hit a new record, surpassing an average rental price of $3,002 per month in Q1-2023. So what does this mean for landlords, if the tenant population cannot afford to live here any more? What can we do to mitigate this risk?

Watch this podcast on YouTube:

Schedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Subscribe now to keep updated for more information.

If you want to chat with us, do the following:

1. Send an email at [email protected]; or

If you’re not ready to reach out and just want to follow for more, find us online:

YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

My new friend Derek Wu talks about the huge move from Montreal to Toronto, in search of better job opportunities but at the cost of more affordable housing and not as much entertainment options. We also discuss all the cool new technology from a resident’s perspective, and how it’s made his life easier.

Watch this podcast on YouTube:
https://youtu.be/104l9Z1tCDc

Schedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Subscribe now to keep updated for more information.

If you want to chat with us, do the following:

1. Send an email at [email protected]; or
2. Send a direct message on my Instagram account below; or
3. Book an appointment for a 15-minute video chat using the link on our website.

If you’re not ready to reach out and just want to follow for more, find us online:

YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1
Instagram: https://www.instagram.com/kennethyimhomes
TikTok: https://www.tiktok.com/@kennethyimhomes
LinkedIn: https://www.linkedin.com/in/kennethyimhomes
Facebook: https://www.facebook.com/BroadviewAvenue
Web: http://www.broadviewavenue.ca

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Looking to invest in Toronto real estate? There are lots of deals to be hand in today's assignment market, from people that purchased a few years back and now can't close (or don't want to) because of the high interest rate environment that we are in. Let's talk about the pros and cons of buying an assignment in Toronto, or if you're thinking about flipping a property you bought and haven't closed on yet, let's talk about that too.

Watch this podcast on YouTube: https://youtu.be/00djzR7Om_U

Schedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Subscribe now to keep updated for more information.

If you want to chat with us, do the following:

1. Send an email at [email protected]; or

If you’re not ready to reach out and just want to follow for more, find us online:

YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

By 2030 Toronto is estimated to have a population of 8 million people, on its way to 10 million by 2045. Toronto will be one of the most diverse megacities if Ontario government projections are correct. In this video podcast, we'll discuss the 6 factors that could shape the Toronto real estate market over the next decade.

Where do you think we are headed? Do you think the density will bring us to ruins or will we become an even more thriving metropolis?

Watch this podcast on YouTube: https://youtu.be/x4BvG490-RY

Schedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Subscribe now to keep updated for more information.

If you want to chat with us, do the following:

1. Send an email at [email protected]; or

If you’re not ready to reach out and just want to follow for more, find us online:

YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

If you're considering purchasing a property or coming up with creative strategies to get your listings sold, you may be considering a vendor take-back mortgage. VTB’s are a type of financing structure where the seller provides a loan to the buyer. Let's take a closer look at the advantages and disadvantages of this financing option.

Vendor take-back mortgages can be a good option for some buyers, especially those who may have difficulty qualifying for a traditional mortgage. However, it's important to weigh the pros and cons carefully before making a decision. If you're considering a vendor take-back mortgage, be sure to do your due diligence, negotiate the terms carefully, and have a clear contract that outlines the terms of the loan.

Watch this podcast on YouTube: https://www.youtube.com/watch?v=NRXymHZmwXw

Schedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Subscribe now to keep updated for more information.

If you want to chat with us, do the following:

1. Send an email at [email protected]; or

If you’re not ready to reach out and just want to follow for more, find us online:

YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Let's ignore all the negative headlines in the news AND the overly positive ones too, and let's just get into the facts. Let me give you my take on what I see in the first quarter of 2023 for the GTA Real Estate Market, and how it performed for the month of February, with an increase of 5.5% month-over-month in terms of the average price and over one and a half times the previous month's sales volume.

Let's also look at the shortage of new listings, resulting in bidding wars. Are they here to stay?

Be sure to follow the podcast feed on Apple or Spotify Podcasts for new episodes each week – we’ll be discussing a range of topics with experts such as current market trends, strategies for financing and refinancing, purchasing, and selling real estate.

Watch this podcast on YouTube:

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Subscribe now to keep updated for more information.

If you want to chat with us, do the following:

1. Send an email at [email protected]; or

If you’re not ready to reach out and just want to follow for more, find us online:

YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

In this podcast, we sit down with Andrew Dryer of Outline Financial to discuss the current state of the economy and how it's impacting the Canadian real estate and mortgage industries. We dive into the differences between the Canadian and US economies, the recent rate increases, and the impact of bond yields on fixed rate mortgages. Our guest also explains how Outline Financial sets itself apart by working as a team to help clients with difficult deals and staying up-to-date on industry developments. Tune in to gain valuable insights into the Canadian mortgage market and the broader economic landscape. Be sure to follow the podcast feed on Apple or Spotify Podcasts for new episodes each week – we’ll be discussing a range of topics with experts such as current market trends, strategies for financing and refinancing, purchasing, and selling real estate.

Watch this podcast on YouTube:

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Subscribe now to keep updated for more information.

If you want to chat with us, do the following:

1. Send an email at [email protected]; or

If you’re not ready to reach out and just want to follow for more, find us online:

YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Home ownership rates are declining in Canada. In Ontario, they fell -3.1% to 68.4% over the past decade, yet in Toronto, the percentage of renter households were up by +25.1%. To add to it, housing supply is shrinking with a pause on new development demand and supply. Home ownership affordability is at an all-time high, household debt ratios are through the roof.

So where do you think are we going to house all these newcomers?

Watch this podcast on YouTube:

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Subscribe now to keep updated for more information.

If you want to chat with us, do the following:

1. Send an email at [email protected]; or

If you’re not ready to reach out and just want to follow for more, find us online:

YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

What are some opportunities in today’s real estate and mortgage market? Ryan Dennahower and I explore who is qualifying for mortgages, how to get approved, and what the process is. We talk about how people are dealing with the high carrying costs in today's high interest rate environment.

Reach out to Ryan Dennahower at:

For context, I called him "the boss" because he was wearing a Hugo Boss shirt.

Watch this podcast on YouTube:

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Subscribe now to keep updated for more information.

If you want to chat with us, do the following:

1. Send an email at [email protected]; or

If you’re not ready to reach out and just want to follow for more, find us online:

YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

You may have seen in the news recently how the Toronto homeowners have had their homes sold without the home owner’s consent. Whether it’s identity theft, mortgage fraud, or organized crime, real estate fraud has been given the spotlight in the media. You may be wondering, how can this happen? More importantly, how can you protect yourself? How are these fraudsters getting away with it?

Join industry veteran Mitch Korman, principal lawyer from Korman and Company as we discuss how to protect yourself from real estate fraud.

Reach out to mitch at [email protected] or [email protected]. Visit his website at www.kormancompany.com

Watch this podcast in video:

Schedule a 15-minute Zoom call with Ken:

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Subscribe now to keep updated for more information.

If you want to chat with us, do the following:

1. Send an email at [email protected]; or

If you’re not ready to reach out and just want to follow for more, find us online:

YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬