Jennifer Syer's Blog

Real Estate is My Passion

Phone: (289) 885-4663    Email: info@jenniferrealestate.ca

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Open House. Open House on Saturday, March 23, 2024 2:00 PM - 4:00 PM

Please visit our Open House at 1164 KING Street E in Hamilton. See details here

Open House on Saturday, March 23, 2024 2:00 PM - 4:00 PM

VACANT TRIPLEX IN CROWN POINT! This turnkey property with 3 self-contained units offers fully Renovated spaces with classic modern Style and neutral palette desirable for tenants. Main Floor features a 1 Bedroom Unit with Open Concept Kitchen with Central Island. Second Level includes Open concept Kitchen with Living Rm and 1 Bedroom, 3rd Level Sun filled rec room with a 2nd Bedroom or an Office. Finished Basement Bachelor Apartment with separate side Entrance is perfect for in-laws or mature students. Front covered Veranda, Pot Lights throughout the house and outside. Roof shingles new in 2021. Backyard parking for up to 3 cars. 2 Hydro meters, 2 Electrical Panels, 2 Hot Water Tanks. (id:2493)

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New property listed in Welland

I have listed a new property at 305 SCHOLFIELD Avenue S in Welland. See details here

Currently used as a TRIPLEX. RL1 zoning permits the construction of a duplex with an accessory unit (triplex). Potential to provide notice to some units. Additionally, the property features an interior weeping system and a sump pump installed. All equipment owned. Tenants pay inclusive rents $1275 (main flr 3 bed), $1222 (upper 3 bed), $613 (lower 2 bed.) (id:2493)

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New property listed in Hamilton

I have listed a new property at 1164 KING Street E in Hamilton. See details here

VACANT TRIPLEX IN CROWN POINT! This turnkey property with 3 self-contained units offers fully Renovated spaces with classic modern Style and neutral palette desirable for tenants. Main Floor features a 1 Bedroom Unit with Open Concept Kitchen with Central Island. Second Level includes Open concept Kitchen with Living Rm and 1 Bedroom, 3rd Level Sun filled rec room with a 2nd Bedroom or an Office. Finished Basement Bachelor Apartment with separate side Entrance is perfect for in-laws or mature students. Front covered Veranda, Pot Lights throughout the house and outside. Roof shingles new in 2021. Backyard parking for up to 3 cars. 2 Hydro meters, 2 Electrical Panels, 2 Hot Water Tanks. (id:2493)

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New property listed in Welland

I have listed a new property at 305 SCHOLFIELD Avenue S in Welland. See details here

Currently used as a TRIPLEX. RL1 zoning permits the construction of a duplex with an accessory unit (triplex). Potential to provide notice to some units. Additionally, the property features an interior weeping system and a sump pump installed. All equipment owned. Tenants pay inclusive rents $1275 (main flr 3 bed), $1275 (upper 3 bed), $613 (lower 2 bed) (id:2493)

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How Strategic Investments Drive Success in Commercial Real Estate

Commercial real estate (CRE) is a dynamic and lucrative sector that offers investors a myriad of opportunities for wealth creation. However, success in this competitive field requires more than just capital; it demands a strategic approach to investments. Let’s explore the critical role that strategic investments play in driving success in commercial real estate in Burlington, examining key factors that can make or break your ventures in this ever-evolving market.

Understanding the Commercial Real Estate Landscape

Commercial real estate encompasses many properties, including office spaces, retail centers, industrial facilities, and multifamily residences. Navigating this diverse landscape requires a nuanced understanding of market trends, local economies, and the unique characteristics of each property type. Strategic investors leverage their knowledge to identify high-potential opportunities and mitigate risks effectively.

Market Research and Due Diligence

One of the cornerstones of successful commercial real estate investment is thorough market research and due diligence. Strategic investors delve into comprehensive analyses of local markets, assessing population growth, job markets, and infrastructure development. With this information, they can pinpoint high-growth potential areas and align their investments accordingly.

Diversification and Risk Management

Strategic investors recognize the importance of diversification in mitigating risks. Instead of putting all their eggs in one basket, they spread investments across different property types and geographical locations. This hedges against market-specific risks and positions investors to capitalize on diverse opportunities, ensuring a more resilient and adaptive portfolio.

Adapting to Technological Advancements

The commercial real estate industry is transforming digitally, with technologies such as artificial intelligence, virtual reality, and big data analytics reshaping transactions. Strategic investors stay ahead of the curve by incorporating these technologies into their operations. For instance, virtual property tours and data-driven market analyses enable them to make more informed decisions, giving them a competitive edge in the market.

Sustainable and Green Investments

The surge in environmental consciousness is driving a heightened emphasis on sustainable investments in commercial real estate. Strategic investors recognize the long-term benefits of eco-friendly properties, not only from a societal standpoint but also in terms of cost savings and increased property value. Green certifications and energy-efficient features are becoming key considerations in investment decisions, aligning with both market trends and responsible business practices.

Building Strong Networks

Success in commercial real estate is not just about what you know but also who you know. Strategic investors actively build and nurture networks within the industry, forging relationships with real estate professionals, brokers, and local stakeholders. These networks provide valuable insights, access to off-market opportunities, and a support system that can prove invaluable in navigating the complexities of the commercial real estate landscape.

Closing Notes

In the world of commercial real estate in Burlington, success is not accidental; it is the result of strategic and informed decision-making. From meticulous market research and due diligence to embracing technological advancements and cultivating strong networks, strategic investors position themselves for success in a competitive and evolving industry. By grasping the nuances of the commercial real estate landscape and adapting to changing dynamics, investors can unlock the full capability of their investments and build a portfolio that stands the test of time.

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Valentine’s Giveaway - Enter to WIN a FREE HOME INSPECTION

Hey there, homeowners and future homeowners!

We're thrilled to announce our latest giveaway – a chance to WIN a FREE Home Inspection!

Are you curious about the health of your home or thinking about buying one? This is your golden opportunity to get a comprehensive home inspection absolutely FREE of charge. Our expert team will ensure that every nook and cranny of your home is thoroughly examined.

Entering is super easy: Follow us on all our social channels. Like this post on social media. Tag a friend and Fill out our form: https://forms.gle/mu4bTdR853DkYpVMA

Must buy or sell a home with Jennifer Real Estate in 2024 to be eligible.

Don't miss out on this incredible chance to secure your peace of mind. Whether you're a seasoned homeowner or a first-time buyer, a professional home inspection is a vital step in maintaining your investment.

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Work with a Realtor

Hey there! Interested in navigating the real estate maze? Here are the top ten benefits of working with a realtor. It's kind of their superpower to make the buying or selling process a breeze.

  1. Market Knowledge: Realtors have the 411 on all things real estate. Price trends, neighbourhood vibes, you name it! This knowledge can score you the right home at the right price. (Who says you can't have it all?)

  2. Negotiation Skills: Buying or selling, a realtor is your go-to negotiator. They can help you make a deal that suits your budget or selling goals. Don't you love a good bargain?

  3. Access to Listings: Ready to house hunt? Or on the flip side, eager to sell? Realtors tap into the Multiple Listing Service (MLS) to get a comprehensive list of properties for sale. Quite the handy shortcut, isn't it?

  4. Paperwork and Legal Knowledge: All that paperwork can be a pain, right? Realtors are pros at handling the red tape. They ensure that all i's are dotted and t's are crossed, so you don't have to worry about legal issues down the line.

  5. Professional Network: Need a home inspector or a mortgage lender? Realtors have a network of trusted professionals that can help you out. Handy, don't you think?

  6. Time Savings: Realtors are like your real estate concierge. They can handle property searches, schedule showings, and even manage open houses. Pretty neat way to save time, huh?

  7. Market Exposure: Selling a property? Realtors can boost your property's visibility with their marketing tactics, including online advertising and open houses. The more the merrier, right?

  8. Emotional Buffer: Buying or selling a home can be pretty emotional. Having a realtor to serve as a buffer can keep things smooth and stop personal feelings from getting in the way of the deal. Isn't it nice to have someone in your corner?

  9. Guidance Through Closing: Closing a deal can be a tricky period, filled with inspections, appraisals, and all sorts of considerations. Your realtor is there to guide you through it all, ensuring a successful and stress-free closing.

  10. Reassurance: Last but not least, just having a knowledgeable and experienced realtor by your side can be hugely reassuring. Remember, they’re not just selling properties, they’re selling peace of mind.

So, ready to find your realtor and start your real estate journey? We bet you are!

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Modest interest rate cuts expected to spur activity next year, leading to a rise in property prices

National aggregate home price forecast to increase 5.5% year over year in Q4 of 2024

Following several years of unprecedented ups and downs, Canada’s housing market could return to more normal levels of activity and price trends next year. The Bank of Canada is expected to lower its overnight lending rate in the second half of 2024, which will lead to an increase in demand from sidelined buyers as they adjust to today’s lending realities. New household formation and newcomers to Canada will put additional upward pressure on prices. 

“Looking ahead, we see 2024 as an important tipping point for the national economy as the majority of Canadians acknowledge that the ultra-low interest rate era is dead and gone,” said Phil Soper, President and CEO, Royal LePage. “We believe that the ‘great adjustment’ to tolerable, mid-single-digit borrowing costs will have a firm grip on our collective consciousness after only modest rate cuts by the Bank of Canada.”  

According to the Royal LePage 2024 Market Survey Forecast, the aggregate1 price of a home in Canada is set to increase 5.5% year over year to $843,684 in the fourth quarter of 2024, with the median price of a single-family detached property and condominium projected to increase 6.0% and 5.0% to $879,164 and $616,140, respectively.2 

Royal LePage’s forecast is based on the prediction that the Bank of Canada has concluded its interest rate hike campaign and that the key lending rate will hold steady at five per cent through the first half of 2024. The central bank is expected to start making modest cuts in late summer or fall of next year. Meanwhile, several major financial institutions have already begun offering discounts on fixed-rate mortgages.

“Canada’s real estate market has been on a roller coaster ride for the last four years. A global pandemic briefly brought market activity to a grinding halt in early 2020, followed by a rapid, widespread spike in demand and price appreciation as Canadians sought safety and greater living space in their homes among a world of uncertainty. By the spring of 2022, home prices had reached unprecedented highs, but when interest rates started rising quickly and steeply to combat inflation, the extended market correction began,” said Soper. “Markets take time to adjust. We see a move toward typical home sale transaction levels in 2024, and as the year progresses, appreciating house prices.”

Nationally, home prices are forecast to see modest quarterly gains in the first two quarters of 2024, with more considerable increases expected in the second half of the year, following the anticipated start of interest rate cuts by the Bank of Canada. 


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New property listed in Toronto

I have listed a new property at 290 Gerrard Street E in Toronto. See details here

Amazing location for lease in Cabbagetown! Nearly 2600 sf of commercial space. TMI included. Street parking only. Tenant pays hydro. Several Permitted uses under CR zoning include office, retail shop, cafe and more. Partial Basement can be negotiated into lease depending on terms. (id:2493)

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New property listed in Stoney Creek

I have listed a new property at 101 SHOREVIEW Place|Unit #621 in Stoney Creek. See details here

Welcome to 101 Shoreview Place, top floor unit! This 1 Bedroom plus DEN features floor to ceiling windows, open concept kitchen and living space with stainless appliances, granite countertops and in suite laundry. Underground parking space included. Fit for working professionals. Tenant pays Hydro, Water/HWT rental. Unit will be freshly painted and ready to move in! (id:2493)

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.