As the COVID-19 pandemic continues, you are likely actively assessing your financial situation. For many of you, this conversation ties directly into your present and future living situation whether you rent or own. Our team is not only here to help you with these transactions, but also to prepare for the potential challenges and opportunities ahead.
Currently, most real estate markets are in a holding pattern. Sales are down, there are fewer properties on the market, and as a result, the price of real estate has not changed significantly. However, interest rates are now very competitive and refinancing or taking on a mortgage may be a sound financial decision for you. The Government of Canada is also facilitating programs such as the Canada Emergency Response Benefit (CERB) and the Canada Emergency Commercial Rent Assistance to financially assist affected individuals.
Erind Hametaj and Max Afzalimehr are both happy to connect with you anytime to discuss how you can best manage through this unfamiliar landscape.
We look forward to hearing you.
Partner, Real Estate
(905) 448 3495 x5915
Partner, Wealth Management
(905) 448 3495 x5916