This will be a little bit different than our typical Investor Focussed Meetup. Definitely, we will be bringing our Investor Realtor lens and deep insights, but we will be focussing on a different pain point…

“Good Job, Good Income, Still Can’t Buy Your Primary Residence? Strategies To Home Ownership In An Expensive Market!” (yes, we are talking about the GTA!)

In fact, we touch on some of this in the article that HGTV.ca wrote about Volition entitled: “Expert Tips That Will Help You Become a Homeowner Before 40”. But in this Meetup, we are going to go much much deeper into actionable strategies & tactics that you can employ… and more importantly, HOW to do it.

Far too often, we hear that aspiring home owners feel that they can’t afford to buy a home in Toronto, or North York, or Richmond Hill, or Markham, or Sauga, or wherever they wish they could live. The odds are simply stacked against them – even if they have enough for a downpayment, they can’t afford the monthly carrying costs! Instead, they move out to Hamilton, Windsor, St. Catherines, purely because of affordability.

We are venturing out to change mindsets. Definitely, GTA is more expensive than outside GTA – there is no question – and yes, not everyone can realistically afford a home in the GTA. That said, we will offer a different perspective on how to “afford” a home in the GTA, and offer practical solutions and strategies on how to “make GTA work”.

Sure, it’s not easy. Sure, it might take a bit more work. Sure, it still won’t mean that you’ll find your “dream home” for less than $1M (or $1.X M, actually!). But for those who are resourceful, purposeful, and willing to do what it takes, Volition’s Advisory & Realty services may be able to help turn that dream of home ownership in the GTA into reality.

And yes… all of our Investor Realtor expertise and insights are relevant here. Tenant profiles, rents, renovations, real estate development, gentrification, transit, infrastructure improvements, etc. Bringing an investor mindset allows you to think differently about your Primary Residence, and gives you the ability to turn your biggest liability (yes, your Primary Residence is a liability… it’s actually a luxury!) into your biggest asset. And in thinking about it in these terms, it could help you actually “afford” you buying and living in the GTA.

Who is this for:

a) If you are a FAMILY buying a Primary Residence:
—–> 20%+ downpayment available
—–> Mortgage qualification is too low
—–> Can’t afford monthly carry costs

b) If you are an INDIVIDUAL and think a condo is your only option:
—–> Salary each of $80k-100k+
—–> Cash each for Downpayment & Closing of $125-150k
—–> Have 1-2 friends in a similar situation or a willingness to work with other people in a similar situation

c) If you are a COUPLE and think a condo is your only option:
—–> Salary each of $80k-100k+
—–> Cash each for Downpayment & Closing of $125-150k
—–> Have another couple in a similar situation or a willingness to work with another couple in a similar situation

Some of the topics we’ll touch on:
– Boosting mortgage qualification
– Reducing carrying costs
– Strategic Financing
– Case Studies
– Where this works
– Why this works
– What is required
– Who this is for
– How Volition’s models have LOWER cash requirements, LOWER mortgage qualification requirements, and HIGHER Equity Growth & ROI
– How Volition Advisory & Realty can help

(Sneak preview keyword: “Primary Residence Plus”!)

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Access the FULL recording and slides below.

The single most FAQ the Volition team has been asked in the past few months is: “Does Investing in Toronto Real Estate Still Make Sense Today?“.

We will reframe this question that is on everyone’s mind, and dive into topics and recent developments including:

• Rising Interest Rates
• Inflation
• War in Ukraine and global uncertainty
• Non-Resident Speculation Tax (NRST) increase
• Open Bidding Process
• Rising Prices
• What is happening to Rents?
• Proposals for City of Toronto changes to the development process to build triplexes/4plexes (and up to 4 storeys)
• Garden Suites legislation
• Restrictions on using HELOC for downpayments
• “Flipping Tax” vs. Principal Residence
• Is this a good time to buy a primary residence / investment property?
• Is this a good time to sell my primary residence / investment property?

MORE IMPORTANTLY… We will be talking about WHAT YOU DO AS AN INVESTOR to be successful in the current volatile environment. As with everything we do, Volition doesn’t just read and regurgitate headlines, we will go deep PAST the “research & analysis” that any monkey can do, and actually SYNTHESIZE this into meaningful, actionable strategies and tactics in order to mitigate risk, boost cashflow, and build sustainable wealth.

Toronto has never been an easy market to invest in. Beside Vancouver, it is probably the single most challenging market to invest in in Canada. Volition makes it viable and achievable. We Make Toronto Work! (in fact, HGTV recent tapped us for our thoughts too :))

Indeed… “may we live in interesting times…”

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Access the FULL recording and slides below.

Don’t miss this rare chance to see inside of our current projects!

We typically can’t bring the public onto a live construction site, but in March, technology will break that barrier! We’ll be sharing tours from properties that are at different phases of completion, walking through the plans and financials and opening the floor to your questions.

Our street smart tours in the past have had a fantastic reception. You’ll learn first-hand what we look for when analyzing and evaluating a potential investment property so you’ll have that extra advantage as you make your future strategic investments! You’ll also learn about the high-level construction process and how we turn an average home into an investment goldmine.

Here’s what we’ll cover:

• The business model and why it makes sense
• High-level financials including capital required, ARV, rents, cashflow, and ROI (Hint: It requires deep pockets, but it’s well worth it!)
• What we look for in a property and the key physical aspects that make a property a good candidate

We will be touring the following properties:

1. A duplex nearing completion and laneway suite kicking off in the Danforth area
2. A fourplex that is just beginning in Little Italy

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Access the FULL recording and slides below.