Browsing tag: Sold

PURCHASED – 55 Lombard St Suit 511

PURCHASED – 55 Lombard St Suit 511


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.

Purchased – 7% Cap Rate

Purchased – 7% Cap Rate


Snagged this 21 unit commercial/residential building for my clients the day it listed.  Skilled negotiation tactics combined with a scientific understanding of timing and pressure lead to a price reduction prior to closing.  7% Cap Rate! WHO’s the BOSS?! Tony Danza ain’t got ish on me. Buy and hold it turns to Gold. If you’re

SOLD 150K OVER ASKING

SOLD 150K OVER ASKING


Toronto’s Real Estate market in a snap shot: 1.List on Tuesday 2.Bully offer on Friday before the weekend open house 3.The first offer attracts 2 more offers 4.Offers range between 112% and 138% of the asking price. 5.Pass the Champagne! In the current market this weeks new listing will sell for more than last weeks

SOLD – 1171 Queen St W

SOLD – 1171 Queen St W


SOLD SOLD SOLLLLLD – I can unequivocally state that the inner city Toronto real estate market has made up last years losses due to the April 20th government announcement. Blame part of the current spike in demand for properties listed below 1 Million on the 2% stress test. If you want to get the real

About me

Jimmy Vlachos

Jimmy Vlachos

I am not driven by selling or buying. It’s not what gets me up in the morning nor what keeps me working late into the night. I am driven by a desire to be free, to do what I please with my time, to travel and experience all that life has to offer. My desire to be free is what lead me to Income Producing Property Investing. More...

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