Office: 1-416-564-0245

E: baldo@baldominaudo.com

Real Estate and Business

Канада приветствует россиян для инвестиций: недвижимость и бизнес

Было время, когда инвесторы не рассматривали инвестирование в Канаду всерьёз – страну воспринимали скорее как часть Северной Америки, в которой живут множество национальностей. На сегодняшний день положение вещей изменилось коренным образом. Сейчас Канада стала одной из самых экономически стабильных стран мира, она стремительно развивается и привлекает не только частных лиц и индивидуальных инвесторов, но и крупные транснациональные компании, которые открывают здесь свои офисы.

Канада является одной из самых мультикультурных стран в мире, с университетами мирового класса, универсальной системой здравоохранения и чистыми городами. Индекс качества жизни Организации экономического сотрудничества и развития определяет Канаду как лучшую страну в G7 с точки зрения общих условий и качества жизни.

Природные ресурсы, очевидно, являются еще одной значимой причиной для инвестирования в Канаду. Кроме того, следует отметить превосходно развитую транспортную сеть сообщений не только внутри страны, но и за её пределами. Также Канада предлагает конкурентоспособные исследования на развитие окружающей среды, с самыми низкими издержками бизнеса в G7 на отрасли НИОКР (на 15.8% ниже, чем в США).

Инновации + Стабильность = Прибыльность

Если вы ищете динамичное и процветающее государство для развития и роста вашего бизнеса, то вам непременно стоит обратить своё внимание на Канаду.

Канада приветствует иностранные инвестиции в бизнес и предлагает множество конкурентных преимуществ:

1)      Отличная бизнес-среда

Канада занимает второе место в G20 с точки зрения удобства и простоты ведения бизнеса, по версии журнала Forbes.

2)      Беспрецедентный доступ на рынок

Канадская экономика сейчас переживает хорошие времена с точки зрения экономики – уровень безработицы находится на историческом минимуме, заработная плата увеличивается, и стоимость жилья растёт. Иностранные инвесторы в Канаде получат преференциальный доступ как к Североамериканскому соглашению о свободной торговле, так и к Европейскому Союзу – динамичному рынку с совокупным ВВП почти в 37 триллионов долларов США, или половина мирового производства товаров и услуг.

3)      Высокий уровень образования работников

Рабочие в Канаде отличаются высоким уровнем образования среди членов Организации экономического сотрудничества и развития, половина трудоспособного населения страны имеет высшее образование.

4)      Низкие налоговые издержки

Общие расходы на уплату налогов от ведения бизнеса в Канаде являются самыми низкими в G7 и на 46 процентов ниже, чем в Соединенных Штатах.

Законодательство Канады позволяет иностранцам покупать, владеть и продавать недвижимость в Канаде.Рынок жилой недвижимости в Канаде является одним из самых привлекательных в мире. В последние 2 года рынок жилья стремительно растет и развивается в среднем на 15-20% в год. Многие эксперты доказывают, что наряду с Австрией Канада является одной из немногих высокоразвитых стран со значительно заниженной стоимостью недвижимости. Кроме того, канадский рынок недвижимости постоянно растет из-за большого наплыва иммигрантов (почти 300 тыс. человек в год).Торонто, крупнейший канадский город наряду с Ванкувером и Монреалем, считаются одним из наиболее привлекательных мест для инвестиций в жилую недвижимость.

Важное значение имеет работа с человеком, который понимает ваши потребности и предпочтения, при этом защищая ваши личные интересы. Имея более чем 25-летний опыт работы в международном бизнесе, я могу помочь вам купить канадскую недвижимость или купить или инвестировать в частный канадский бизнес.

Бальдо Минаудо, М.Б.А.,

Маклер,

Недвижимость Домодедово

Торонто, Канада

Тел: 416-564-0245

Электронная почта: bminaudo@gmail.com

52A Balsam Avenue – Main Level Beaches Apartment for Rent

EXCLUSIVE FOR RENT: 52A Balsam Avenue – Main Level Beaches Apartment for Rent. 2 bedroom with Parking and much more.
Comfortable, Convenient, Quiet, Main Level, 2-Bedroom Apartment Within Fourplex Available July 1/18. Lots Of Windows, In The Heart Of Beaches, South Of Queen St., Short Walk To Lake, Balmy Beach Club and Boardwalk. TTC Bus Stop & Street Car Route Steps Away. Mature Trees, Parks Nearby, Great Festivals, Sporting Activities, Cultural Experiences, Boutiques, Restaurants, & Diversity Of Friendly Neighbours. All Measurements Provided By Property Manager & To Be Verified By Tenant.
Extras:Large Storage Area In Basement, Coin-Operated Laundry Also In Bldg. Vinyl plank flooring in kitchen/living areas and Berber carpeting in bedrooms. Ceiling fans in bedrooms. All window blinds. Second entrance is from kitchen to back. Has Parking Spot.
Contact me directly for viewing of this property or other properties in Toronto’s sought after neighbourhoods.
Note: Not intended to solicit individuals under contract with a brokerage
Toronto Beaches, 2 bedroom apartment with Parking

Upper Beaches Toronto Open House April 21 & 22, 2018

Upper Beaches Open House This Weekend

 

Join us for an Open House in the Upper Beaches at 397 Kingswood Rd. Come experience this old world charm and comforting character. Well maintained home ideal for a young couple or young family with short commute to downtown and all of the wonderful activities one would expect to find in the area near Victoria Park north of Kingston Rd.

I will at the open house from 2:00 p.m. – 4:00 p.m. both on Saturday and Sunday, Kelly Boone will be hosing Saturday from 12:00 p.m. – 2:00 p.m., Lucia Delange will be hosting Sunday from 12:00 p.m. – 2:00 p.m., and Joanna Ionescu will be hosting Sunday 4:00 p.m. – 6:00 pm.

Offers are will be reviewed on April 23 so don’t miss your opportunity this weekend!

If you are looking to sell or purchase in Toronto, give me a call at 416-564-0245, for listings and resources

Note: the pictures have been modified to give you a better visual

Household Debt in Canada A Buying Opportunity?

Debt at historical high. According to Federal Reserve Bank of St. Louis’ (FRED) economic research, Household Debt to GDP for Canada was

Toronto Housing Market
Toronto Housing Market

at about 70 in Q1 of 2006 and stood at over 100 in Q1 OF 2017. (https://fred.stlouisfed.org/series/HDTGPDCAQ163N). On the other hand, also according to FRED, the U.S. Household Debt to GDP for United States piqued at about 99 in Q1 of 2008 and dropped to about 80.0 in Q1 of 2016. ( https://fred.stlouisfed.org/series/HDTGPDUSQ163N?utm_source=series_page&utm_medium=related_content&utm_term=related_resources&utm_campaign=categories).

Meanwhile, Ontario’s Financial Accountability Office released a report January of 2018 where it stated that an average Ontario household owed nearly $154,000 in 2016, up from $119,000 in 2010. Its analysis shows that paying down that debt cost an average Ontario family about $12,500 in 2016. As interest rates rise, those repayment costs will grow by nearly 25 per cent to $15,500 a year by 2021.

According to a BNN article, Progressive Conservative finance critic at the time stated” “The Liberals under (Premier) Kathleen Wynne have made life more unaffordable by driving up the cost of everything, including higher taxes and fees and skyrocketing hydro costs,”…”Families are borrowing more than ever to make ends meet.” (https://www.bnn.ca/ontario-household-debt-rising-increasing-economic-risk-accountability-office-1.976178)

Since the announcement of the upcoming provincial election and the release of survey data showing Wynne at a 81% disapproval rating, the government has been announcing billion dollar spending initiatives with almost daily promises of more money for various voter groups. It is difficult to understand how all these programs can be financed, let alone administratively implemented. Nonetheless, they indicate a worsening affordability situation in Ontario. This is furthered by increasing inflation as provincial legislative changes have made labour and housing more expensive in the province amidst the implementation of the carbon tax.

Seasoned investors may recognize this as an opportunity in the making to acquire real estate assets at a much lower prices than the pique in the spring of 2017. The higher interest rates get and the tougher it is to borrow money, the less individuals are willing and/or able to pay for real estate. As motivated sellers are forced to take whatever price buyers are willing to pay, it will drive price down. Those sitting on cash and liquid assets will be in a negotiating position.

Many individuals have already sold their homes and are now renting in expectation of a real estate market correction, which has to a large extend already taken place. Some are expecting further correction leading up to the next provincial and federal elections. As a result of their liquidity, these individuals are among the best positions to buy back into the market at favourable terms.

Regardless of the economic environment, a skilled and experience real estate professional will help you obtain the best price for your property and will help you find your next home. Call me at 416-564-0245 and get me working to get you the deal you want.

Toronto Real Estate Projects Cancelled

Toronto's condo developments have surrounding the CN Tower, yet in recent months there have been some condo project cancellations
Toronto CN Tower Seen From Condo SIte

Toronto Condominium real estate project cancellations have created concerns among realtors and pre-construction condo investors across the Greater Toronto Area. One of many projects cancelled in recent months, the Cosmos Condominiums project in Vaughan (just North East of Toronto) sent a letter this week to investors announcing its cancellation and that it would be refunding deposits.

So why are projects like this being cancelled? The Cosmos had 1,153 units planned, which the developer had previously stated were sold out. In its letter to investors, the developer cited “unsatisfactory financing terms” by lenders. On the other hand, other projects, such as The AvonDale project at 620 Avenue Road might be cancelled due to poor sales. Both reasons are related to the underling developments which are an indication of what to expect next.

It has become less profitable and riskier to own rental property in the Greater Toronto Area.

When I read “unsatisfactory financing terms”, I assume that th e developers are unable to make the type of profit that they would like to make. A number of developments over the last year have increased the cost of construction and ultimately are reducing the supply of new housing in Ontario.

These developments include:

  1. The Fair Housing Act,
  2. Increasing Mortgage Interest Rates For Homeowners,
  3. Stricter Lender Requirements For Homeowners,
  4. 15% Foreign Owner’s Tax.
  5. Increased Development Costs
  6. Increased Labour Costs
  7. Increased Trades Requirements
  8. Labour Act Changes
  9. Increased Financing Costs for Developers
  10. Fear by Foreign Investors and International Bankers over Ontario and Canadian Budget Deficits

So why is all this happening? All of these were implemented by, or as a result of, government intervention (municipal, provincial and federal). Governments have stepped up their involvement in the market because foreign speculators of Toronto area estate have pushed up pricing beyond what local residents can afford. The federal government has been concern that Canadians are over leveraged and have been borrowing against the equity in their homes, which spiked along with the speculation that has been taking place.

As a result, whereby the federal government has made it harder to borrow money for home purchases, the Ontario government has made it less appealing to own rental property.

The bottom line is that increased costs, decreasing interest from foreign speculators and increasing difficulty for local residents in obtaining mortgages is making it increasingly difficult to make a profit in the real estate development. Developers have been designing smaller and smaller condo units to keep the selling price affordable.

Since condo units can’t get much smaller and still provide a decent lifestyle, what choice do developers have?