North York, Downtown, or Etobicoke

Residential is definitely at an all-time high. Commercial properties still offer good yield in comparison.

Interests rates will remain low for the foresable future

The government needs to collect more taxes somehow; watch out for increases in the capital gains tax rate. This will kill transaction activity and make existing real estate more valuable.

Watch for immigration led growth. This is a very easy way for Canada to raise capital

I recently did an episode titled “Canada Real Estate Outlook 2020 With Robert Veerman” you should check it out if you would like to learn more: https://youtu.be/rUXPvrwy6Do

Thankfully I’ve closed 3 deals so far during COVID. And I am well positioned with a pipeline of product. We are going to see some big deals happen in the next 6 months. A lot of deals are being cut right now. It’s a rare time in which there are no strong market forces yet; and everyone is using this time to strategically sell, buy and reposition their assets.

I recently did an episode titled “Canada Real Estate Outlook 2020 With Robert Veerman.” You should check it out if you would like to learn more! https://youtu.be/rUXPvrwy6Do

Travel definitely makes doing deals overseas harder. It really benefits those who already have assets or a platform in Canada already. That being said, right now I’m seeing a lot of new groups from the US active in Canada.

I recently did an episode titled “Canada Real Estate Outlook 2020 With Robert Veerman” you should check it out if you would like to learn more: https://youtu.be/rUXPvrwy6Do

Yes absolutely. The best know how to pivot. I’d say there are three major trends.

There is a greater need than ever before for stability. Multifamily. Grocery. And Industrial continue to prove themselves to be COVID-19 proof.
People want deals; but can’t find them. I was one of those people who immediately pivoted my business in COVID-19. Targeted receiverships. Currently working on 3 deals like that. However, the reality is, it’s not the gold rush people were thinking of.
Debt is cheap. And I don’t think people realize that. A lot of private players are chasing 20% returns. However, the reality is that there is too much money out there. And some groups have access to it.

Definitely has. In March & April, there was a distinct lack of transactions happening. All pens left the table. Everyone was trying to understand the implications on their real estate.

First off, hats off to the government. In my mind they have had fantastic leadership through this. Federally, provincially and municipally. They really did a great job preserving stability. However, since then things have definitely begun a return to normalcy. There is a general sentiment among everyone here to get back to business. Generally speaking, most real estate has survived unscathed. However, there have been some shakeups.

Definitely anything on rapid transit. This includes future expansions including Broadway & Surrey / Langley.

Residential is definitely at an all-time high. Commercial properties still offer good yield in comparison.

Vancouver has a very unique geography that constrains the availability of develop able land (mountains to the north, water to the west, USA border to the south, farmland to the east). Most North American cities can expand in every cardinal direction to create more houses.

Same as any other non-Canadian

Yaletown