Browsing tag: Income properties
2019 will be about bidding wars. Monetary policy is easing. The cost of money will drop unless there is a global economic or environmental disaster. Money will stay cheap to protect stock markets. Government regulation such as the 2% stress test will be reduced or removed to protect provincial and municipal tax collection. Ontario policy
The heat is back. On January 4th, 2019 Federal Reserve chairman Jerome Powell announced low inflation would allow the Fed to be “patient” in deciding whether to continue raising interest rates… After the DJI Average dropped 20% due to investor fears over raising interest rates it looks like we are headed back to cheap money.
AAA investment opportunity. 18.25 Ft. of frontage on Danforth Ave. 1370 Danforth Ave is a turn key income producing property offered at a 5% capitalization rate based on net operating income. Currently operating as a 2 storey, commercial/residential Income property. Two commercial units located on the main floor with one 2 bedroom residential apartment on