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Throughout 2022, what is sure to be a prosperous for housing, be assured that we’ll be monitoring and reporting on everything related to Toronto Real Estate, while continuing to discuss and debate the many facets of house & home! Bookmark the Urbaneer Blog, and we’ll keep you informed! Here is what you’ll find inside our February 2022 E-Newsletter:
February’s instalment of our Dear Urbaneer series is entitled, ‘Dear Urbaneer: How Might CRA Taxation Affect The ROI Of An Investment Property?‘ This month, Steve is talking taxes and advising potential property investors who are keen to add an income property to their portfolio: “As I search for an income property to add to my investment portfolio, your helpful and informative posts demonstrate I need to be mindful of how its income & expenses are as important as its price appreciation to realize a solid return on investment. Do you have any advice when it comes to Revenue Canada’s taxation of investment properties, including what to expect, and what I should be aware of?“. Click here to read Steve’s advice!
Steve and the Urbaneer Team post weekly blogs that share our love of all things real estate and that celebrate Toronto! Here are three of our most well-read posts this past month:
The most popular post for February was Turning A Blind Eye To The Real Costs Of Toronto Real Estate Investment Properties. One’s return on investment (ROI) is generally equal to the total of the initial investment + the increased net equity annually + the cash flow. Banking on future price gains does have more risk, which is why anyone who engages in the market this way is defined to be a speculator rather than an investor because carrying at a loss implies the owner of the property is speculating on future price gains. Given how significant the percentage of Toronto condo investors fall under this definition, it does make me wonder how many of them could weather a storm, in terms of ensuring they can personally meet their cash flow requirements, an increase in interest rates, or an unexpected special assessment.
Another popular piece was our very topical talk about the growing trend of ‘bleisure’ – a travel vacation-related byproduct of the WFH movement – and how it may affect other sectors: Bleisure, WFH, & An IKEA Hack. Many business travellers are now incorporating a leisure component to their business travel plans, usually extending a visit to a destination; when your work is blended with your play, new opportunities abound. Bleisure has grown recently, with the Omicron variant further delaying a return to the office, and has been welcomed by the beleaguered travel industry as it represents a new market, supported by the shift towards remote work and a fundamental re-thinking about how and where we set up “office”.
Thirdly, we had a great response to Steve’s post, ‘A Story Of Friendship – Plus Tips & Tricks For A Bedroom Refresh – At The Black House On PEI‘. Along with the above blog, it was inspired by Steve’s stay – and the projects he tackled – at The Black House, the vacation rental property on Prince Edward Island that he co-owns with Urbaneer team member James Ormston. I love a good design tip, especially when I’m told that a little can go a long way! You can read more about their purchase, renovation, and design of this property here.
And – for lovers of unique urban spaces – don’t miss our sensational Toronto real estate listed for sale or lease on our site for your consideration!
Browse the February 2022 E-Newsletter!
We LOVE Toronto real estate!
Steven & The Urbaneer Team
Bosley Real Estate Ltd., Brokerage • (416) 322-8000
http://www.urbaneer.com • info@urbaneer.com
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