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  1. GraceCondos

    Duplex vs. Single Family Resale

    They will pay more for the property (sale price) because instead of focussing on the cap rate (investor jargon) they just look at the rental income from the other suites as gravy to help them pay their mortgage. We've found the best success in marketing to owner occupiers in a way where they...
  2. GraceCondos

    House Hunting

    You're right kikat, the Fall Market has hit and there is much more selection. But keep in mind we only have about 6 weeks left before the slower Winter Market kicks in. Then listings should pick up by mid February again. Sunnylea is a great pick. Depending on the pocket you feel like you are...
  3. GraceCondos

    Attn: Developers! Want to build a low rise condo in Leslieville?

    Attention developers!!! This site is right across from the Red Rocket Cafe and Queen Margherita Pizza and features direct lane access at rear so the entire streetfront could be used for retail. http://www.gracehomes.com/14a_read.php?ltl=806274
  4. GraceCondos

    Duplex vs. Single Family Resale

    Great question. I'm am a realtor and work your area a lot (have offices in the beach & Riverdale). While single family houses are in strong demand, the ones that are selling in bidding wars are the totally renovated ones. So you'll have to be prepared to spend >$150k in renos to maximize...

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