One Good Earth Blog

Ville St Laurent – One of Montreal’s Luxury Neighborhoods

There’s a section of Ville St Laurent that houses some large luxurious homes. To get a sneek peek, check out this video by German Korb

 

Montreal’s Luxurious Real Estate (New St-Laurent) – Dream Houses and Mansions

This is a newly built expensive neighborhood in Montreal, called New Saint-Laurent, in QC, Canada. Suggest me an expensive neighborhood to film and I might make a video for you. Thank you for watching!

The Montreal Spring 2016 Real Estate Market Is A Magnet For Foreign Buyers!

Here in Montreal, it’s true, we never experienced  the real estate boom that the Ontario and Vancouver markets enjoyed for many consecutive years. Now with the Canadian dollar being so weak against the U.S. Greenback, Montreal real estate prices are looking very attractive to foreign investors and out of town buyers. When Canada’s currency regains it’s strength, prescient buyers will be enjoying their gains because even if they do nothing, they will be benefitting from a significant purchase discount. It’s nice to see Montreal finally getting some attention over the other provinces.

Let’s compare and see what could be purchased with a budget of five hundred thousand dollars across Toronto, Vancouver and Montreal. In Toronto, five hundred thousand doesn’t buy you much, to get an idea, here’s a blog post from BLOGTO.  The Vancouver market has skyrocketed even more, Vancitybuzz gives us an idea of what the market looks like there. , For a more general comparison across Canada, this is what five hundred thousand buys you across Canada. Last but not least, in Montreal, five hundred thousand dollars buys you a really nice two bedroom condo, within some of the many great neighborhoods in Montreal.

This is an interesting article just published by Blue and Green;

Is It a Good Time to Buy a Condo in Montreal?

Is It a Good Time to Buy a Condo in Montreal?

Outsiders have long been drawn into the old-world charm and sophistication of Montreal. As the biggest city in Quebec, Montreal has one of the most culturally diverse populations in the country. It’s also been recognized by UNESCO as a City of Design with its mix of art, history and culture.

 

To learn more about some great buys in our Montreal real estate market, connect with me at bmeisels@kw.com, or give me a shout out on Twitter @bonniegmg

Is Flipping Mortgages The New Frontier In Real Estate?

Forget flipping houses — these retail investors flip mortgages. Have we not learned anything? Article Via Marketwatch

Forget flipping houses – these investors flip mortgages

By It’s 9:30 a.m. on a recent sunny Friday, and 60 people have crammed into an airport hotel conference room in Northern Virginia to hear Kevin Shortle, a veteran real estate professional with a million-watt smile, talk about “architecting a deal.” Some have worked in real estate before, flipping houses or managing rentals.

 

 

The Future of Architecture

The Winners of the eVolo Skyscraper Competition Show the Future of Architecture via Architectural Digest

Cover photo by MMT

The Winners of the eVolo Skyscraper Competition Show an Ambitious Vision for the Future of Architecture | Architectural Digest

Second place went to “The Hive,” a project that imagines a skyscraper made exclusively for drones, providing urban dwellers with no residential benefits and serving only personal and commercial functions. Rounding out the top honors, the third prize was awarded to a duo from from Italy for their project, “Data Tower.”

Latest Canadian Real Estate Snapshot 2016

Great article by the Huffington Post on what’s going on across Canada in Real Estate. Very good news for La Belle Province! Read the article to learn more….

Alberta’s Woes Will Boost T.O., Vancouver House Prices: Report

Low interest rates. Foreign investment. A slumping Canadian dollar. Those are just three factors driving housing markets across Canada, particularly Toronto and Vancouver. But real estate firm Royal LePage is adding one more driver to the list: an exodus of workers fleeing Alberta’s slumping economy. Condos along Vancouver’s False Creek.

 

First Increase in Residential Sales in Five Years in the Montréal Metropolitan Area

Via CNW

First Increase in Residential Sales in Five Years in the Montréal Metropolitan Area

L’ÎLE-DES-SŒURS, QC, Jan. 14, 2016 /CNW Telbec/ – The Greater Montréal Real Estate Board (GMREB) has released its most recent residential sales statistics for the Montréal Census Metropolitan Area (CMA), based on the real estate brokers’ Centris ® provincial database. In total, 37,935 residential sales were concluded in 2015, which represents a 6 per cent increase compared to 2014.

 

Unlocking Real-Estate Value by Going Green

                                                            Via Morgan Stanley’s INSTITUTE FOR SUSTAINABLE INVESTING.

Did you know that new green technology could boost asset values of US office buildings by as much as $35 billion. I’m curious as to what the projection would be for the Canadian market, but I’m sure it’s significant. According to their recent report, sustainable technologies can cut a buildings annual expenses anywhere from 3 – 30%.

“These savings can potentially add $3.5 billion-$34.9 billion2  of asset value in the 10 largest US commercial real-estate markets. The report details the yearly utility savings in each of those 10 US cities, which can range from $32 million in Philadelphia to $239 million in New York. That potentially adds $489 million to $4.8 billion of asset value.”   -Institue for Sustainable Investing

Take this example provided by the Institute:

“Potential Savings in Five Major Cost Areas From Sustainable Building Management Practices for a Theoretical 250,000 Square-Foot Building in San Francisco”

Cost Before Retrofit
Savings
$40,658
Cost After Retrofit
$30,492

WASTE
25%
Cost Before Retrofit
Savings
$658,818
Cost After Retrofit
$533,642

REPAIR
18%

ELECTRICITY
16%
Cost Before Retrofit
Savings
$567,697
Cost After Retrofit
$510,927

OTHER UTILITIES
9%
Cost Before Retrofit
Savings
$129,499
Cost After Retrofit
$116,549

INSURANCE
4%
Cost Before Retrofit
Savings
$159,157
Cost After Retrofit
$151,199
Improved Occupancy Rates
+2%
Rent Premium
$279,707 (+3%)
Improved Net Operating Income
$777,559 ($3.11 per sq ft)
Added Asset Value3
$14.1 million ($56.55 per sq ft)

1 “Green Retrofitting Costs and Benefits: A New Research Agenda”, National University of Singapore and Institute of Real Estate Studies, 2011; accessed on 1/26/2016).

2 Calculated by the Morgan Stanley Real Estate Investing Team (MSREI) using BOMA Experience Exchange Reports, CBRE market inventory data, and Real Capital Analytics market valuations.

3 Calculated by the MSREI team using BOMA Experience Exchange Reports.

Check out the Morgan Stanley Institute For Sustainable Investing Report – Bricks, Mortar and Carbon

The Surprising Habits Of Original Thinkers

Enjoy this TEDTALK by Adam Grant on The Suprising Habits of Original Thinkers;

How do creative people come up with great ideas? Organizational psychologist Adam Grant studies “originals”: thinkers who dream up new ideas and take action to put them into the world. In this talk, learn three unexpected habits of originals — including embracing failure. “The greatest originals are the ones who fail the most, because they’re the ones who try the most,” Grant says. “You need a lot of bad ideas in order to get a few good ones.”

I thought I would share this great TEDTALK, – get beyond your self doubt, fear, and failure!