Johnny Rashmawi
Salesperson at Street City Realty Inc.
03/29/2024
New listing dropped!
1812 Longwoods Road, Wardsville
MLS # 40562397 & X8181688
What's better than having a property with exceptional cash flow? Further development on the land! Introducing 1812 Longwoods, a 9 unit multi-residential property in the heart of Wardsville. This property presents investors with a lucrative prospect in the thriving real estate market, The municipality is very welcoming for further development on the 1 acre of land (projected to build another 6 - 8 units minimum)
Curious about financials? Reach out to me for more information.
07/27/2022
https://financialpost.com/executive/executive-summary/posthaste-canadas-housing-market-headed-for-historic-correction-says-rbc
42% drop in home sales in the span of a very short period. Record Breaking!
Posthaste: Canada's housing market headed for 'historic correction,' says RBC Downturn will be worse than any seen in the past 40 years
05/08/2022
Happy Mother’s Day!
04/26/2022
Buyers are trying to find properties located in smaller towns near major cities due to affordability. Now, small town home prices are being inflated rapidly! There needs to be more supply that meets the demand so real estate can become more affordable anywhere.
Posthaste: Heat's still on in small-town real estate — and these are the hottest spots in Canada And in some markets it's still possible to find a bargain
04/22/2022
Wow, This is truly a game changer!
Goodbye Blind Bidding? Ontario to Allow Home Buyers to See Other Offer Prices The Ontario government is bringing forward new regulations that would allow home buyers to see offer prices -- but only if the seller agrees.
04/19/2022
Feels like it’s December again!
04/18/2022
The Bank of Canada’s move to hike its interest rate may help control runaway home prices in the London region, but it won’t do much to increase affordability or help first-time homebuyers enter the market.
I wonder how it’s going to look like in the next few years?
Interest rates unlikely to slow London-area home sales: Experts The Bank of Canada's move to hike its interest rate may help control runaway home prices in the London region, but it won't do much to increase affordability…
04/16/2022
With past record-low rates, the average property value increased up 52% over the past two years!
Now that the rates are increasing, could this be a hint that the market is finally cooling down?
Canada's red-hot housing markets hint at cooldown as higher rates, inflation bite 'What we're going to stop seeing are the homes that sell for inexplicable amounts above their market values'
03/26/2022
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519 York Street
London, ON
N6B1R4