Commercial Archives Team Arora

Team Arora provides competitive prices, with a stress-free process

05/26/23 10:26 AM

As a part of the global RE/MAX network, the team has access to the best tools, technology and resources in the industry, which they have leveraged to achieve remarkable results. The ranking as the 3rd top-performing team in Ontario Province is a clear indication of their ability to utilize these resources and deliver outstanding outcomes.

The ever-changing world of real estate can be a challenging place to navigate, especially when it comes to commercial properties. That’s where Team Arora comes in, offering expert guidance and assistance for those looking to buy or sell commercial properties in the Canadian market. In this blog post, we will discuss the importance of understanding the factors that influence the real estate market and why now is a fantastic time to invest. Plus, learn about our commitment to providing an exceptional experience for all our clients with the help of our professional staff and a nationwide network of top Realtors.

Today’s World Without Real Estate

Real estate is an essential component of our everyday lives and the global economy. From residential homes to commercial buildings and vacant land, these properties serve as the backbone for businesses, facilitate job creation, and boost economic growth. In fact, the Canadian commercial real estate market alone was valued at over $352.4 billion in 2020, according to the Urban Land Institute.

The demand for commercial properties is driven by factors such as population growth, urbanization, and economic development. In recent years, we have seen steady growth in the Canadian commercial real estate market, making it an attractive option for investors looking for stable, long-term returns.

Why Now Is the Best Time to Invest

Currently, the Canadian real estate market is presenting a unique opportunity for investors due to attractive interest rates. The Bank of Canada has held its key interest rate at a historically low 0.25% since March 2020, and it is expected to remain low in the foreseeable future. These low-interest rates offer lower financing costs for investors, making it an ideal time to invest in real estate.

Another factor making commercial properties even more attractive is the rise in demand for office spaces and retail establishments, as businesses gradually return to normal operations post-COVID-19.

Elevate Your Real Estate Experience with Team Arora

At Team Arora, our goal is to provide an unparalleled real estate experience for those looking to buy, sell or lease commercial, residential, or pre-construction properties in Canada. Our extensive services range from land development to all aspects of commercial real estate.

Our Nationwide Network

Our network of top Realtors across other Canadian provinces allows us to assist clients in relocating their businesses and families to other regions seamlessly. Having a knowledgeable and reliable partner when investing in real estate, no matter the province can lead to a successful and stress-free experience.

Professional Staff, here to Help

Whether you’re seeking a new business space or residential property, our professional staff is readily available to help you find your desired property. Our team is experienced in dealing with diverse clients, from business owners to families to investors, making sure to cater to each client’s unique needs and preferences.

Take Action Today: Invest in Canadian Real Estate with Team Arora

Now is the perfect time to make your move and invest in the Canadian real estate market! Team Arora is here to guide you through the entire process, ensuring the best price and stress-free experience. Don’t miss out on this incredible opportunity – contact us today to discover your next commercial property or dream home. And if you found this post helpful, please share it with others who may also benefit from our expertise.

Contact Team Arora Today

The ranking is a testament to the team’s unwavering commitment to excellence, hard work, and dedication to delivering exceptional real estate services to their clients. It is an honour to be recognized as one of the top-performing teams in the highly competitive real estate industry in Canada, and the achievement showcases the team’s unparalleled expertise and knowledge in the field.

Ability To Manage Diverse Needs

Real Estate Centre Team Arora Realty is known for its exceptional customer service and ability to meet the diverse needs of its clients. Our team has a deep understanding of the local real estate market, and team dedication to providing personalized solutions has undoubtedly contributed to their success.

The Ideal Moment to Invest in Pre Construction Projects in GTA

05/26/23 9:48 AM

The Greater Toronto Area (GTA) is a hotbed of real estate development, with soaring demand for housing and commercial spaces. Amidst this buzz, preconstruction projects have emerged as a lucrative avenue for investors seeking to maximize their returns.

But when is the ideal moment to dive into the world of pre-construction investments in GTA?

In this article, we will explore the 3 key factors that make this the best time to consider investing in preconstruction projects and how you can capitalize on this flourishing market.

1. Surging Demand and Limited Supply

According to recent population statistics from the United Nations, the GTA is one of the fastest-growing regions in Canada. Currently, the province has an estimated population of 6.3 million and is projected to rise to 7 million by 2025 according to the government population projection. This growth in population is fueled by the province’s vibrant economy, diverse culture, and thriving job market. As more people flock to the region, the demand for quality housing and commercial spaces is
reaching unprecedented levels. However, the supply of ready-to-move-in properties is struggling to keep pace with this surge. This disparity between demand and supply presents a golden opportunity for investors to capitalize on preconstruction projects.

By investing early, you can secure your stake in prime locations and benefit from rising property values,
ensuring a favorable return on investment when the project is completed.

2. Attractive Pricing and Incentives

One of the most enticing aspects of preconstruction projects is the potential for favorable pricing. Developers often offer competitive prices during the early stages of a project to attract investors and secure financing. By investing at this stage, you can benefit from these attractive prices, which are
likely to appreciate significantly as the project progresses.

Additionally, developers frequently provide incentives to early investors, such as discounted pricing, upgraded finishes, or flexible payment plans. These incentives not only enhance the appeal of the investment but also contribute to your overall profitability.

3. Potential for Customization and Modern Amenities

Investing in preconstruction projects allows you to tailor your investment according to your preferences. You can choose from a range of floor plans, finishes, and other customizable options. This gives you the opportunity to create a property that aligns perfectly with your vision. Moreover, preconstruction projects often boast state-of-the-art amenities and contemporary designs, catering to the demands of modern buyers. By investing in such projects, you position yourself to attract tenants or buyers who seek the convenience and luxury associated with new construction. This further enhances the long-term value
and rental potential of your investment.

Key Takeaway

The ideal moment to invest in preconstruction projects in the GTA is now. With surging demand, limited supply, attractive pricing, and customization opportunities, the market is ripe with the potential for astute investors. By seizing this opportunity, you can secure your stake in prime locations, benefit from appreciating
property values, and enjoy the perks of modern amenities. However, it’s crucial to conduct thorough due diligence, research reputable developers, and consult
with experts to make informed investment decisions. The GTA’s real estate market is flourishing, and investing in preconstruction projects can be your ticket
to substantial returns and financial success.

Is the Current Market Best for Downsize or Upsize: A Closer Look

04/21/23 7:41 AM

The real estate market is always a hot topic for discussion, and in recent times, the debate has centered around whether it’s the best time to upsize or downsize property investments. With the present inventory and interest rate situation in the market, making the right move could be crucial for your financial success. In this blog post, we’ll delve into the factors that make the current market the best time for upsizing investments, including the impact of interest rates, while also considering the potential for downsizing in the coming months. So, let’s dive in!

The Upsize Advantage

Upsizing your property investment means moving to a larger, more valuable asset. The logic behind upsizing during the current market situation is that the present inventory and interest rate levels make it easier for investors and homebuyers to purchase bigger properties at relatively lower costs. Additionally, our specialists at [CompanyName] have analyzed the market and found that the prices of properties are predicted to increase in the future – making this the perfect time to upsize.

The Role of Interest Rates

Interest rates play a significant role in the real estate market, affecting the overall affordability of properties. As Canadian banks work on adjusting these rates, our predictions indicate that they will likely stay low for some time. Low-interest rates mean that obtaining a mortgage or refinancing an existing one will be more affordable, making upsizing property investments even more attractive.

Downsize: A Time-Limited Window of Opportunity?

On the flip side, the next three to four months could be a good time to consider downsizing property investments. Downsizing entails selling a larger property and moving into or investing in a smaller, less expensive one. While this may seem counterintuitive, there are scenarios where downsizing makes financial sense or is a product of changing lifestyle needs. However, remember that actively capitalizing on the brief window for downsizing may require quick decision-making and action.

Preconstruction: A Smart Investment Alternative

While upsizing and downsizing both have their advantages, another investment option worth considering is preconstruction. Investing in properties before they’re built can provide numerous benefits, such as reduced purchase prices, customization opportunities, and capital appreciation over the construction period. This alternative approach to property investment could work well given the current market situation.

Upsize Now: Making the Most of the Present Market

Considering the current inventory, interest rates, and projected property price increases, upsizing property investments in the current market makes sense. Taking advantage of the better affordability and more lucrative potential returns makes upsizing a savvy move for investors and homebuyers alike.

Concluding Thoughts

The decision to upsize or downsize property investments depends primarily on individual goals, financial situations, and market timing. As a trusted source of real estate advice, our team at Teamarora has carefully considered all aspects of the market and determined that, for most investors, this is an optimal moment for upsizing investments.

Our recommendation is to leverage the current market situation, upsize your property investments, and potentially enjoy the rewards of future capital appreciation. We recommend reaching out to an experienced real estate agent to help guide your decision-making and unlock the potential of your investment opportunities. If you found this analysis valuable, we encourage you to share our insights with your network and join our community to stay informed about more exciting real estate market trends and insights. Happy investing!

What’s Driving Toronto’s Real Estate Market Growth

04/9/23 1:02 AM

The Toronto real estate market has been on a steady rise over the past decade, attracting homebuyers and investors from all over the world. The city’s real estate market has been one of the hottest in Canada, with prices continuing to climb and demand outstripping supply. Several factors account for the growth of the Toronto real estate market, as we will discuss in this blog post.

Population Growth

There has been considerable growth in the population of Toronto, which is a major factor driving the real estate market. The population has grown steadily over the past decade, and with more people living in the city, there is greater demand for housing and higher prices. In conformity with Canadian Statistics, the Greater Toronto Area population will be expected to be more than 2 million by 2041. This rapid population growth has created a strong demand for housing, particularly in the downtown core, where many people want to live and work.

Low-Interest Rates

Another factor contributing to the rise of the Toronto real estate market is low-interest rates. The Bank of Canada has maintained low-interest rates for several years, making it easier for people to qualify for mortgages and afford higher-priced homes. The rise in demand for housing, especially from people who are buying a house for the first time, has increased.

Limited Supply

While the demand for housing in Toronto is high, the supply of homes is limited. Behind this there are many reasons like regulation and low availability of land. In many parts of the city, particularly in the downtown core, there is a limited amount of land available for development. All these things make an impact on the bidding wars, leading to competition in the market, and many offers remain the same.

Foreign Investment

Toronto’s real estate market has attracted a significant amount of foreign investment, particularly from China and the Middle East. These kinds of investments increase the price along with the demand for commercial and housing properties. Many foreign buyers see Toronto as a haven for their money, and they are willing to pay top dollar for properties in the city.

Strong Economy

Toronto has a strong and diverse economy, with a low unemployment rate and a high level of immigration. This has made the city an attractive place to live and invest in real estate. The city’s economic growth has also led to an increase in high-paying jobs, which has driven up demand for housing in the city.

In addition to these factors, there are several other reasons why the Toronto real estate market has been on the rise. For instance, the area has a high quality of life, which includes top-class restaurants and excellent culture. It is also a safe city with low crime rates, making it an attractive place to live for families and young professionals.

While the rise of the Toronto real estate market has been a boon for home sellers and investors, it has also created some challenges for homebuyers. In the expensive lifestyle of the city, only some people can afford a home to buy. This has led to an increase in rental demand, which has driven up rental prices in the city. Many renters are struggling to find affordable housing, particularly in the downtown core.

Housing Bubble

The rise of the Toronto real estate market has also led to concerns about a potential housing bubble. Some experts have warned that the market may be overvalued and that a correction may be on the horizon. While it is impossible to predict the future of the real estate market with certainty, home buyers and investors need to be aware of the risks associated with investing in a rapidly rising market.

In conclusion, the Toronto real estate market has been on a steady rise in recent years, driven by population growth, low-interest rates, limited supply, foreign investment, and a strong economy. While this trend may continue in the short term, it is important for home buyers and investors to approach the market with caution and to be aware of the risks associated with investing in a rapidly rising market.

Investing in the Burlington Real Estate Market

03/10/23 8:37 AM

If we talk about Burlington city, some too many places and things come to our mind. Burlington is just the west side of Lake Ontario. It covers both sides with popular Niagara Falls and Toronto. This city is the best option for investors because of multiple factors discussed in our blog.

If you’re looking for an area with a robust real estate market, look no further than Burlington, Vermont. With its vibrant culture and bustling economy, Burlington has become a popular destination for those looking to invest in real estate. Read on to find out why this city is the perfect place for your next investment.

Previous Year Data By Toronto Regional Real Estate Board

In August 2022, the average sale price for a home in Burlington was $1.07 million, a decrease of 5.8 percent or $65,354 from July 2022 and an increase of 1.9 percent or $20,450 from August 2021.
There were 211 home sales and 442 active listings at the end of August. Sales were down 13.9 percent, and active listings were up 179.7 percent year-over-year.
All houses and condos in Burlington saw an average price increase of 113.5 percent compared to August 2012, with detached houses increasing by $665,336, semi-detached houses increasing by $552,313, attached houses increasing by $639,020, townhouse-style condos increasing by $511,606 and apartment-style condos increasing by $301,114. (source)

Low Unemployment Rate

Burlington’s unemployment rate is among the lowest in the nation, hovering around 2-3%. This low unemployment rate means that more people are employed and have money to spend on housing. Similarly, since there are more jobs available, potential buyers have more options when it comes to where they want to live. As a result, investing in Burlington’s real estate market can be an attractive option because of its stable economy and job opportunities.

Growing Population

Burlington has seen steady growth in population over the past few years. This population growth has created a greater demand for housing and real estate investments as people look for places to reside in the city. Additionally, this population increase also means that there will be more potential buyers for your property if you decide to sell it down the road.

Affordable Prices

Despite being one of the most sought-after areas to live in the Northeast, Burlington remains relatively affordable compared to other cities in the region. According to recent statistics from Zillow, median home values are around $400K, making it difficult for some buyers but still within reach of many households earning median incomes or higher. Moreover, rental rates remain fairly consistent throughout much of Burlington giving investors an opportunity to build their portfolio without breaking the bank.

Investing in real estate can be a great way to supplement income or build long-term wealth over time. For those interested in investing in real estate markets, Burlington should definitely be at the top of their list due to its stability and affordability compared with other cities. With low unemployment rates and growing populations creating demand for real estate investments, now is a great time to consider investing in this city’s vibrant market!

Industrial Real Estate Market is Booming in Canada

11/7/22 6:08 PM

The industrial real estate market is booming in Canada, with record-breaking investment and development activity. This is being driven by a number of factors, including the low Canadian dollar, strong economy, and limited supply of industrial land. As a result, investors are eager to get into the market, while developers are rushing to build new projects. For now, though, it’s a great time to be in the Canadian industrial real estate market!

Lease prices for industrial spaces and plots of land designated for commercial development have grown rapidly in recent years, especially in Canadian markets. The following will explore the current state of the market and offer predictions for what is to come.

Situation

Several of Canada’s markets no longer have available industrial space, and some of our most in-demand markets don’t have any serviced land allocated for industrial development.

The 2021 Industrial Figures Q4 report stated that the national industrial availability rate fell below 2% for the first time ever. With less space available, rental asking rates have increased significantly by 10.9% (year-over-year) nationally, and up to 32.3% in bigger markets like Montreal.

Year-over-year, the average asking sale price has increased by 27.9%, with some markets seeing an 100% increase. This is especially evident in major metropolitan areas like Vancouver, Toronto, Ottawa and Montreal where prices have reached $400/sq ft.

In the current market, where vacancy rates are low and competition is high, many landlords are beginning to shorten their lease terms from 10-15 years down to only 3-5. This way, they can charge higher renewing or new tenant rents.

This inflation can cause significant problems for businesses, who may have to spend more on overhead or raise prices for customers. Inflation is currently the highest it has been in 40 years.

Solutions

There is currently a lot of construction activity going on nationwide, with 36.2 million sq. ft. of industrial space being built. However, nearly 70% of this commercial industrial real estate has already been pre-leased! This means businesses that need space will need to act quickly if they want to secure a spot.

The housing crisis in Canada is continuing to grow due to the ongoing issues with finding serviced land that is able for industrial use. This has become a major key driver in current market conditions and something needs to be done about it soon. There needs to be an increase of viable industrial space which include developing unserviced industrial land as well as getting rid of zoning restrictions and bureaucratic red tape that only delays progress. Without taking these measures, there is no way out of this affordability crisis we are facing .

With commercial real estate becoming more rare and in higher demand, the industrial real estate market in Canada is expected to become even more popular. While this will be great for landlords, it will become increasingly difficult for businesses.

Results

Team Arora Commercial Real Estate Team is committed to purposeful development. Serving the Peel Region and Halton region for more than 18 years, our commercial realtors work with buyers and sellers, as well as with landlords and tenants, to secure fair and equitable terms. We believe in honesty, integrity and community.

Whether you’re looking to buy commercial real estate, looking for industrial vacant land for lease in Peel Region and Halton Hill Region or looking for commercial industrial real estate for lease, Team Arora commercial real estate experts can help.

Contact Team Arora Realty to learn more about our approach, find commercial land, for lease in Brampton, Mississauga view our current commercial real estate listings, or find out how we can help you achieve your commercial real estate goals.