Sameh L. Bastawrose (ABR) (CNE)’s Post

More is needed to incentivize the construction of new rental housing supply Contact me to discuss the latest scoop in real estate! #bramptonrealestate #homesforsaleinbrampton #housesforsaleinbrampton #townhouseforsaleinbrampton #detachedhouseforsaleinbrampton #housesforsaleineastbrampton #torontocondos #condosforsale #realestateToronto #realestategta

There is a growing shortage nationally of larger three- and four-bedroom apartments coming onto the market that are specifically designed to encourage downsizing homeowners to trade larger homes for premium apartment living as Nila Sweeney reports in The Australian Financial Review. “There’s a lack of supply in the market that is likely to remain for a long time. We’re continually seeing people wanting to downsize out of their existing large family homes, and there is certainly a lack of supply of larger apartments," as reported in the AFR. Myka Residences on the beachfront in Scarborough are specifically designed with the footprint of a large home, only two per floor and with minimal communal facilities and low strata fees, with the downsizing market in mind. Downsizers from surrounding coastal suburbs currently occupying larger family homes are struggling to find the calibre and size of properties within reach of the suburbs familiar to them - and hence are remaining in larger homes for longer than they had intended. A trend which governments nationally are trying to address in an attempt to free up housing stock but with little success to date. Myka is absolute beach front living, with uninterrupted panoramic views north and south from every apartment, curated interior and exterior living spaces, exceptionally executed features and finishes and all within walking distance of one of our most celebrated beaches. Head to www.mykaresidences.com.au or reach out directly to register your interest today.

More is needed to incentivize the construction of new rental housing supply Contact me to discuss the latest scoop in real estate! #Royalcanadianrealty #RealEstateAgentInBrampton #Homesforsale #Housesforsale #houseforsale #gta #torontorealtor #torontorealestate #torontobestrealtor #bramptonrealestate

🏠☀ BLOCK OF FLATS FOR SALE ☀🏠 4 MURRAYS ROAD, DOUGLAS, ISLE OF MAN, IM1 3LF ASKING PRICE: £350,000 Presenting a remarkable opportunity to invest in a partly tenanted residential property nestled in the heart of central Douglas. This property boasts four self-contained flats including a cozy studio, offering a diverse rental portfolio. Currently, three of the flats are occupied, while one flat awaits its new tenant. It's worth noting that some flats may require renovation work to reach their full potential. Despite this, the property currently generates a respectable rental income of £20,980 annually. However, with all units occupied and any necessary renovations completed, the property holds the potential to yield an impressive £36,000 in annual rental income. The allure of this investment extends beyond its current state. With the prospect of renovation and modernisation, there exists a promising avenue for growth. Unlock the true value of this property by capitalising on its potential for enhancement and expansion. Don't miss out on this opportunity to secure a lucrative investment in one of Douglas's most sought-after locations. Reach out today to arrange a viewing and explore the possibilities this property holds. 🔸 Residential investment property 🔸 Four self contained flats 🔸 Close to Douglas Town Centre 🔸 Partly tenanted achieving £20,980 per annum 🔸 Renovation work required For further information, please contact our Commercial Property Manager Darrel Tinnion on 01624 625100 or email douglas@chrystals.co.im https://lnkd.in/e5-imaCR #forsale #investment #property #flats #yield #renovation #isleofman #commercial #residential #opportunity #rental #income

All Capital Developments properties are built in AAA locations in established nodes, in proximity to major roads and TTC. These are factors that we believe have been important to our success. "They [purchasers] don't want to have to be convinced that the neighbourhood is the next big thing, layering risk upon risk.”, says Carlo Timpano. We now have four active sites in Toronto - Park Road, Olive Residences, 8 Elm on Yonge, and 11YV - all in AAA locations. #capitaldevelopments #relationshipsmatter #torontorealestate #gtarealestate #torontodevelopment #torontodeveloper #communitybuilders #construction #topoff #11YV #LuxuryLiving #metropia #riocan #oliveresidences #parkroad #8elm #reserveproperties #renx

Sydney's property market is experiencing a remarkable surge in growth, and Abadeen Group with their experience and continued success, stands as a trusted guide through the flourishing Lower North Shore. Core Logic reported that over the past three decades to July 2022, property values in Sydney skyrocketed by an astonishing 449% (5.8% per annum). Among the various regions, the Lower North Shore, notably suburbs such as Mosman, takes the lead with a remarkable 4% growth in the past year. These figures signify a lucrative and dynamic real estate sector thriving in this part of the city. Beyond the numbers, the Lower North Shore presents a magnetism that captures the essence of an idyllic home. Amidst the bustling city, the area is full of peace and tranquility, owing to its leafy suburbs nestled in pockets of untouched bushland. This environment attracts discerning homeowners and investors who seek solace amidst the city's vibrant energy. The Lower North Shore offers unparalleled convenience and connectivity. The proximity to Sydney Harbour provides residents with easy access to the water and a multitude of sheltered coves and bays. This picturesque backdrop enhances the quality of everyday living and contributes to the area's undeniable charm. As specialists in the Lower North Shore property market, Abadeen Group emerges as the go-to partner for luxury apartment development. Our years of experience, comprehensive market knowledge, and unwavering commitment to excellence position us as the trusted authority in turning property visions into realities. Through our focus on exceptional residential, commercial, and mixed-use projects, we strive to meet the evolving needs of the community. We take immense pride in our proven track record of delivering outstanding developments that withstand the test of time. Each project we undertake showcases our dedication to creating properties that not only exude luxury but also make a positive impact on the community. Our architectural designs, combined with sustainable features, embody a harmonious balance of aesthetic appeal and environmental consciousness. Abadeen Group is synonymous with quality and expertise in the Lower North Shore property market. Visit our website abadeen.com.au to explore our completed, upcoming and new projects. . . . #AbadeenGroup #LowerNorthShore #SydneyPropertyMarket #LuxuryLiving #Excellence #CommunityImpact #Connectivity #Convenience #PropertyDevelopment #RealEstateExperts

The push for more purpose-built rental housing Contact me to discuss the latest scoop in real estate! #vancouverrealestate #vancouverrealestateforsale #vancouverrealestatemarketing #vancouverrealestateagent #Chilliwackrealestate #chilliwackrealtor #fraservalley #vancouver #Kitsilano #vancouverrealtors

My years of experience as a proven "Placemaker" have led me to a crucial observation: Hobart, a potentially perfect walkable city, lacks quality, "inclusive" residential-grade mid-rise apartments for various market segments. Unlike the "Investment-Grade" trading chips apartment towers found in Sydney, which have marred urban landscapes and obstructed key tourism drivers like Sydney Harbour views, Hobart's stunning harbour and environs require a more thoughtful approach not to destroy its tourism destination values. With its historical overlays that demand respect, Hobart presents a unique challenge that requires a specific skill set and a profound sense of "social responsibility." Drawing from my successful work in the City of Adelaide and North Adelaide over the last 50 years, where I navigated similar historical overlay challenges, we are confident that I can contribute positively to Hobart's urban development. We are interested in working with the right JV partnerships. Hobart is ideal for showcasing a sustainable future by utilising renewable plantation forest trees in Cross Laminated Timber construction. We can create "inclusive", quality residential-grade mid-rise apartments that cater to the city's needs through advanced modular design and fast-to-market solutions. The Thrive Alliance is a proven leader with extensive experience in major CLT urban projects worldwide. It brings a wealth of knowledge and resources. The Thrive Alliance consortia's advanced modular construction platforms boast efficiency gains of up to 75% compared to traditional methods used in Australia, ensuring rapid and sustainable development for Hobart's urban landscape. #ThriveAlliance #Hobart #historicaloverlays #sustainability #residentialgrade #midriseapartments #clt

Converting an existing building into multiple flats is a smart way to increase your property's earning potential. This can be a lucrative move with more people seeking apartments, especially in urban areas. Why convert a house into flats? ➡️ Increased profit potential: By converting existing buildings into several flats, you can sell multiple properties in the future, potentially boosting your overall return on investment. ➡️ Higher rental income: More flats generally mean more rental income. ➡️ Flexibility: If you decide to scale back your property portfolio, you have the option to sell one or more flats while keeping others as rental income. ➡️ Wider appeal: Flats often attract professionals and city dwellers looking for convenient living spaces, which can make them easier to let compared to a whole house. ➡️ Charming features: Many period houses, such as those from the Victorian or Edwardian eras, have unique and highly desirable features. These can make your converted flats stand out and possibly command higher rents. Converting an existing building into flats can be a rewarding project with the right planning and execution. We are here to help, contact us if you need any more information 📞 01302 860863 #HouseToFlats #PropertyConversion #RealEstateInvesting

A Guide to Toronto Home Renovation: Cost Breakdown #realestateToronto #gta #realestategta #torontohomestaging #torontorealtor #torontorealtors #durhamregion #yorkregion #torontorealestate #pickeringrealestate