So, You Want to Live in Bridle Path

It’s one of Toronto’s most exclusive neighbourhoods with lavish mansions that either are, or have been, owned by the likes of Celine Dion, Prince, Drake and Gordon Lightfoot.

The homes there are the stuff out of dreams. For example, 16 High Point Rd., which was owned by Shark Tank’s Robert Herjavec and rented by Mick Jagger when The Rolling Stones toured Canada, features 10 beds, 10 garages, an indoor swimming pool and 33,650 square-feet of living space.

Of course, I’m talking about Bridle Path, but if you want to live in any of the homes there, it’s going to cost you. The median home value is $2,981,596, according to, and that’s 554% higher than the Canadian average. Herjavec’s former address at 16 High Point Rd. sold for $19,380,000 alone in 2019, according to The National Post, and has no doubt gone up in value since.

Named “Canada’s most affluent neighbourhood” by Canadian Business Magazine in 2014 and boasting an average household income of $936,137, an average household net-worth of $22.27 million and an average home price of $2.24 million. Bridle Path has an exclusive population of 1,895 residents, a median age among them of 52 and a 1.2:1 male-to-female ratio.

But, don’t expect a lot of racial or ethnic diversity in Bridle Path. Most people who can afford properties there (beyond celebrities who are enterprises unto themselves) are part of families of old money wealth going back generations and 85.1% of residents only speaking English. But, if you’re looking for a place to settle down with your family, you’ll find that 84% of Bridle Path residents are married, while 45% of residents have kids at home.

As for the neighbourhood itself, in addition to its one-percenter residents, this enclave in North York is surrounded by the Don River Valley and plentiful parkland. You’ll find shopping, recreation, and top-tier schools just along Bayview Avenue, including the ultra-exclusive York Mills Shopping Plaza, The Granite Club — which is a social and athletic club for the uber-elite that includes all kinds of team sports, fitness classes and social events – and the private Crestwood School, Crescent School for Boys and Park Lane Public School. The neighbourhood also features one post-secondary institution. Glendon College is a part of York University and operates as a bilingual liberal arts college. There’s also The Toronto French School to give your kids a little, “Je ne sais quoi.”

If you’re looking for a reason to get outdoors and stretch your legs, Bridle Path has you covered and then some. Residents are spoiled, having Edwards Gardens just feet from their backyard. Edwards Gardens is home to the Toronto Botanical Garden, which is one of Canada’s most prestigious public gardening resources. Edwards Gardens by itself contains intricate rock landscapes, perennial gardens, a pond, waterfalls, a rose garden, and the beginnings of a paved trail that stretches nine kilometres all the way to Warden Woods Park in Scarborough. On the way to Warden Woods, the trail also passes through Sunnybrook Park where Bridle Path residents can enjoy outdoor activities like soccer, rugby, cricket, and field hockey on its various sports fields. Sunnybrook park also has public horseback riding stables where lessons are offered, carrying on Bridle Path’s long equestrian tradition.

After all, the name Bridle Path comes from Hubert Daniel Bull Page’s early plans for the neighbourhood in 1929. The Toronto-based developer included a complex network of elaborate bridle paths to lead a horse down. Those bridle paths have long since been transformed into paved streets, but their legacy remains in that the streets in the neighbourhood are unusually wide and of course, the neighbourhood’s own moniker.

Page himself always had the vision to see the area as an exclusive enclave of estate homes, (basically as soon as the Bayview Bridge was built over the Don River Valley) that’s why he built a Cape Cod-style colonial house at the address 2 The Bridle Path to drum up interest in the neighbourhood he wanted to start.

Now, Bridle Path is truly one of Canada’s most exclusive neighbourhoods with a cost of living that’s 174% more expensive than the Canadian average. But, if you can hack the price, you’ll be rewarded by the privilege of one of Canada’s most livable neighbourhoods, with a crime rate that’s 69% lower than the Canadian average, (that’s a a 1 in 74 chance of being a victim) an unemployment rate of 2% and a high school graduation rate of 93%, which is itself 12% higher than the Canadian average.

So, if you can afford it (and let’s be honest, that’s a big “If” for most people) you will unlock a Shangri-la of excellent living at the highest level. Honestly, things that only people who live in Bridle Path will ever have access to along with what everyone else in Toronto does too.

After all, by living in Bridle Path, you’re only 20 minutes driving distance from downtown Toronto and if you’re headed to the cottage, you’re five minutes away from the Highway 401 on-ramp off Bayview Avenue. Plus, if you need to go on a last-minute business trip, you’re only 20 minutes away from Pearson International Airport, so the world is truly at your fingertips.

If what Bridle Path has to offer is the type of lifestyle you could see yourself having and you are one of Toronto’s movers and shakers wanting your own private oasis away from prying eyes, then I highly recommend making the move there.

How to Make Money in Pre-Construction Investing

As the fastest growing city in Canada and the US, pre-construction investing is a great way to make money! It allows investors to take advantage of low prices and high potential returns before condo construction starts as the demand for housing pushes up prices.

When you have a real estate wealth strategist at your side, you can enjoy access to the best pre-construction condo developments before they are ready for the general public.
If you want to learn more about how to invest in pre-construction condos, keep reading!

1. What is pre-construction investing?

It’s essential to understand what pre-construction investing is before you get started. This means that investors can make money by buying condos at lower prices before the project begins. Then, they can either enjoy healthy returns from the property as a rental or sell them for more than the purchase price when the developers complete the project. Most pre-construction projects offer a deferred deposit schedule which means that you can make smaller installments during the course of the construction instead of a lump-sum deposit.

2. Why invest in pre-construction properties?

If you want to start making money with real estate, then pre-construction is an excellent option to consider. In Toronto, investment in pre-construction condos is a popular choice because the market is going from strength to strength.

The most important benefits are the potential to profit from the property before developers finish building, as well as the appreciation in pre-construction over time. As the Toronto property market continues to boom, you can have more control over your investment by purchasing a new build than by buying an already constructed home. Also, the properties have a greater long-term return on investment, as they’re often in desirable neighbourhoods with good schools and amenities.

When you compare pre-construction properties with homes, there are two important considerations: affordability and qualification. The requirements are much higher when purchasing a home, with strict mortgage rules via employment and down payment percentages required. Thus, condo precon is a great way to start your investing journey and get your feet wet as it allows you to enter the housing market without having to incur a higher mortgage and tighter qualification process for the mortgage.

If done correctly, this type of investment gives the highest returns over time. This is because the rate of growth is typically higher on these types of assets due to a lower upfront price compared with residential homes (or commercial buildings)!

3. How to find a great property

One thing to keep in mind when your looking for a pre-construction property, though, is that there are many opportunities out there to choose from. You need to work with an experienced real estate wealth strategist who can do the right research, understand your needs, and select the ideal property based on their expertise and experience. The focus is always on education investors so that you are equipped to make an informed, strategic decision.

They are also privy to the most latest and up-to-date information about new projects before it becomes more widely available. They also have platinum access afforded to them via the relationship created by the broker of record that not just anyone has access to.

If you’re interested in investing in a pre-construction condo, then give Nikki a call. She would love to help answer any questions about how this investment opportunity could work for you and your family. There are many ways to invest in pre-construction properties, but working with Nikki means that you get access to the best properties for the highest potential return on your investment!

Why invest in a pre-construction condo?

It’s 2021, a brand-new year and the ideal time to make some important decisions. Investing in property, particularly a pre-construction condo, is one of those decisions that will have a far-reaching impact on your long-term financial goals as it can unlock exciting growth opportunities. So much so, in fact, that when you start looking at the benefits of a pre-construction condo, it just keeps getting better and better.

Here’s what you need to know…

With a pre-construction condo investment, you get:

Investment growth opportunities

A pre-construction condo is an ideal way to leverage your finances, access property growth, and build sustainable long-term wealth. With pressure on Toronto’s property market from Green Belt Legislation that limits the number of areas available for building in the city, there will be continuing demand for properties in the years to come. According to Statistics Canada, there are over 125,00 people that move into the GTA every year, and they all need somewhere to stay.

As a long-term strategic investment, a pre-construction condo can yield high returns. If you compare the costs of buying an existing condo vs a pre-construction one, you’ll find that the pricing is more competitive and there is also the added benefit of next-to-no maintenance costs once it’s built.

Your choice of area

With a pre-construction condo, you can buy a property in an up-and-coming area to maximize your returns. It could be that a subway station is being built in your area, or a new park or a new transit route. All of this will add to your property’s value, make it easier to find tenants and when the time comes to sell, you won’t have any trouble finding a willing buyer willing to pay a premium.

A brand-new property!

If you’ve never owned a brand-new property, this could be your chance. While you can easily rent your condo once it’s built, there’s nothing like the feeling of owning a property hasn’t been lived in by anyone else before.

With a pre-construction condo, you can add your own unique style to the property. This might mean top of the range finishes, a unique color palette or a neutral set-up to entice prospective tenants, so your home is exactly as you want it, no need to re-decorate or renovate.

How do you get the best deal?

While you need to run the numbers yourself, an experienced real estate wealth strategist with a proven track record is worth their weight in gold. Nikki has an extensive network and resources, so she can help you find and compare projects, and will make personalized recommendations based on your needs and preferences.

Will Canadian Real Estate Prices Flourish this Winter?

The temperature outside might be dropping, but the housing market across Canada is still hot, hot, hot!

From coast to coast, the real estate industry continues to set new records with quick inventory turnover and rising prices due to high demand that is fuelled, at least in part, by low interest rates.

But will this upward trend continue through winter? The data looks promising as we near the end of 2020 and look forward to what 2021 has in store.

What can we expect from the market this winter?

The upward trend is set to continue (and Canada is leading the way)

A report published by the Federal Reserve Bank of Dallas looked at the real estate markets across the G7 countries (Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States) and the results make for very interesting reading. They found that Canadian real estate prices had experienced the most significant jump, rising nearly 2.5% from the previous quarter.

Across the country, home valuations have increased, and sales have grown year-on-year. The most notable growth was in:

  • Greater Toronto Area: $890,400 (+11.1%)
  • Greater Vancouver Area: $1,038,700 (+5.3%)
  • Ottawa: $517,800 (+19.9%)
  • Greater Montreal Area: $408,200 (+16.4%)
  • Halifax: $372,982 (+18.1%)

Inventory levels will remain at an all-time low. According to the Canadian Real Estate Association, inventory levels continue to remain at an all-time low. As of August, they estimated that it would take only 2.6 months to liquidate all the current listings as the current sales rate.

What factors make real estate investment in Ontario so attractive?

There are several growth factors that work in favour of the country’s real estate market, including:

  • Interest rates that are the lowest they have ever been and this is likely to stay the same for the next few years,
  • Low inventory and pent-up demand that continues to fuel growth,
  • Property tax will remain the same for 2021, and
  • Support from the Canadian government for the real estate industry.

Where should you buy property in Canada?

The Greater Toronto Area has the best long-term growth potential, and there are a number of exciting opportunities both for new homeowners and investors. Whether you are looking for a pre-construction condo in the Entertainment District, a spectacular penthouse with stunning views of Lake Ontario or a house to build a home for your family, it can help to speak to a wealth strategist. And for sellers, the next six months to a year are going to be big. If you’re looking at listing your home this is the most opportune time to plan to sell with 2021 shaping up to be a record year for sales and bidding wars. Nikki Hessami, with her years of experience in the Canadian real estate market and an uncompromising commitment to her clients, makes her the go-to person for real estate in Toronto.

Toronto’s best pre-construction condos for investments in these current market conditions.

Toronto’s property market has never looked better. Rock bottom interest rates, developer incentives and a positive future outlook for the industry have attracted attention both locally and internationally. Investors are looking to capitalize on exciting investment opportunities in the city and you have the chance to do the same.

Now is the ideal time to purchase pre-construction condos for investments while there are still options with market-beating growth potential available.

Here are the top 4 reasons to buy a pre-construction condo in these current market conditions:

A great, limited-time investment window

In Toronto, the real estate market continues to show strong growth, far outpacing other city centers around the world. But with these current statistics and future growth projections comes a more competitive market and fewer opportunities to purchase pre-construction condos for investments. Now is the time to step up to the plate and buy, rather than waiting for condos to become outpriced or risk missing out on the incentives that condo developers are currently offering.

Looking to the future

Property prices are set to continue to surge due to the low borrowing interest rates. Investors in particularly are looking to capitalize on the news that the Bank of Canada has opted not to increase the interest rate from the current 0.25%. Analysts project a healthy housing market, with growth in 2021 at 5.4% and 3.7% in 2022.

A diverse portfolio of pre-construction condos for investments

From Church-Yonge to Annex and Mount Pleasant West to Willowdale East, Nikki has a diverse portfolio of exciting investment opportunities for savvy buyers.
To view Nikki’s full portfolio, have a look here.

Your chance to get ahead

With strong growth forecast for the next few years and pent up demand from the last few months, now is the ideal time to get into the property market. If you’re ready to take the next step, start by looking at pre-construction condos for investments. And, if you need honest, unbiased advice, Nikki can help. Her years of experience in the industry and a personalized approach to matching buyers with properties will ensure that you find a pre-construction condo that perfectly aligns with your investment strategy.

Nikki is a well-established real estate wealth strategist in Toronto and has access to new pre-construction condos for investments as they come available, so you know that you’re getting the cream of the crop when it comes to investment opportunities.

Things to consider before buying/investing in property in Toronto

The past few months have been a time for people to pause and reflect on what is most important to them. The result of this has been an upsurge in demand for properties in Toronto. Many investors are looking for a stable investment with positive long-term growth potential that offers peace of mind and the opportunity to safeguard family wealth into the future.

Before you make a decision to buy, there are four questions to ask yourself:

Why are you buying the property?

Everyone has different goals when it comes to real estate investment. For some, it’s the chance to own the home you live in, for others, it’s an opportunity to live in a good neighborhood on your own terms. And for many, especially in Toronto’s booming market, it’s a way to grow your wealth by owning an investment property and secure long-term financial freedom for your family. Understanding why you want to buy a property will help you make the right decision about what type of property to purchase.

Does the real estate growth forecast look good?

Here’s where a real estate wealth specialist can really add value. They have access to the latest market data so you can get a good idea of the historical trends and what property analysts are predicting for the future (both in the short- and long-term). They can also offer strategic advice to help you minimize risk and maximize your returns.

What are your long-term growth goals?

Buying a property is a long-term investment. To give yourself the best chance of securing a good tenant at an above-average rental, as well as selling the property quicker when the times comes, you need to find a home with an edge.

This might mean narrowing your search criteria to focus on neighborhoods that have greater growth potential, or it could mean choosing a suburb that has a surplus of tenants looking for high-quality accommodation. It could even mean that you shift your focus from buying a condo to buying a house as demand continues to grow and inventory is limited.

What changes do you want to make today to secure your future?

While many people have been concerned about the short-term implications of the pandemic, the reality is that property is a long-term investment. If you are buying a pre-construction condo, for example, you will only take ownership three to five years down the line, so you need to have a good understanding of the real estate market projections.
There are new opportunities with incentives and deposit structures that support home buyers and further bolster the real estate industry. It’s a great time to dip your toe in the market as a first time home buyer or as an investor. There are so many projects with exciting deposit structure incentives to help you multiply your investment rental property portfolio.

Working with a respected real estate wealth strategist like Nikki is essential if you want to make a well-considered decision and find the ideal investment opportunity for your specific needs.
There are tremendous upsides to owning your own property, especially in some of Toronto’s sought-after neighborhoods. Nikki can walk you through the process and share valuable insights gained during her many years of experience in the industry.

How owning a home is a sound investment

Owning a property is a dream that many people have, especially as they start a family and want to create a home of their own. But a Toronto home is so much more than just a base, while the peace of mind and stability that it offers is very important, there are also significant financial gains to consider that will establish financial security for you and your family.

So, what makes owning a home a sound investment?

It’s a long-term, tangible investment

Compared to buying shares, owning a home is a safer investment decision that offers consistent, and often higher, growth. Unlike shares, it is a tangible asset – and it’s both low-risk and high-return. Owning a property also means that there is always the option to rent your property out, allowing you to generate cash flow while paying off your mortgage.

There is a high demand for rentals

Toronto’s high population growth rate has a direct impact on the housing market because the city’s reputation as a tech and finance hub continues to expand. Toronto is the fastest growing city in North America, and this has led to an increased demand for rental units.

It’s a leveraged investment with a strong track record

Property investment is a significantly lower risk decision compared to investing in the stock market. Stocks could dip if a company has some bad press, while the Toronto property market has shown more consistent, stable growth over the long-term.

Also, when you invest in real estate, you leverage your money as any gains that the property market makes are made on the full value of the asset.

Keep in mind that real estate typically doubles every 10 years. For example, a one million dollar property in 10 years from the day of purchase will likely appreciate to be worth 2 million. That’s 100% ROI over 10 years and one million dollars in profit.

What makes property in Toronto the best choice?

Since 2015 Toronto condos have seen the best gains, averaging an increase of 13% every year. And, if you go further back, the upward trend is consistent, averaging between 5% and 10% over the last decade. This is a good, solid base for projected future growth, making the choice to own a home a sound investment.

To get the best gains, you could consider buying a property that is:

  • Priced lower than other comparable properties in the same area
  • Situated in a neighbourhood that is in the process of gentrification, but property prices are still low
  • Going to appreciate in value due to proposed future projects such as the introduction of a new transit line.

When you’re ready to own your own home, chat to a real estate wealth specialist before you start. Nikki specializes in matching her clients with the ideal property that matches their needs, and helps build generational wealth.

The Right Mindset for Real Estate Investors

Financially astute investors start as early as possible growing a portfolio of assets that will generate returns for years to come, and Toronto property is the investment vehicle of choice for investors looking for tangible assets that offer growth and real returns. Around 40% of Canada’s growth has been related to housing since 2014 driven largely by the growth in Toronto’s real estate market, which has risen by almost 12% year on year between June 2019 and June 2020. This growth, coupled with low-interest rates, allows investors to consistently outperform the market.

Why is the right mindset important for real estate investors?

The right mindset can make a significant difference to your wealth and financial wellbeing, as well as helping you to secure a future and a stable income for your family. We’ve never been more confident of Toronto’s growth trajectory as the city establishes itself as a world-class financial hub while offering its residents an excellent quality of life, and career opportunities.

Do your research

Confidence shouldn’t be based on emotions and feelings alone. You can make informed decisions for a bright financial future when you have access to the right figures, including historic property rental returns, historic market growth, and market projections.

Partner with a real estate wealth strategist

Maximizing your wealth isn’t always a one-person job. As great leaders surround themselves with experts to fast track growth, so building a strong property portfolio can benefit from experts in the field.

Why is it the perfect time to invest?

When you have an understanding of the future financial returns that real estate investment in Toronto offers, it’s hard not to get excited. It’s important to look at the times now as an opportunity to invest.

COVID has proven that Toronto’s real estate market is resilient

Toronto’s real estate market has continued to grow in strength and resilience, despite the effects of COVID. While elsewhere in the world real estate prices have fallen in major city centres, the market in Toronto remains buoyant.

The future looks bright

As Toronto’s real estate market continues to outperform other investments offering a higher rate of growth and return, there is no better time to take the exciting step of purchasing real estate in downtown Toronto.

Nikki Hessami is a real estate wealth strategist with a background in architecture. She offers her clients unique insights into Toronto property investments backed by years of experience in the industry and meticulous research into Toronto property trends.

Benefits of Living in a Condo in the Harbourfront

Walk Score: 89
Transit Score: 100
Bike Score: 86

The Harbourfront neighbourhood has something for everyone, some of the city’s best art galleries, easy access to lakeside jogging routes and water-based activities, spectacular views of Lake Ontario, near-limitless year-round entertainment, and a host of great dining and sightseeing options.

With so much to do, it’s no surprise that the Harbourfront is one of the fastest-growing areas in Toronto.

Here are the top four benefits of living in a condo in the Harbourfront:

1. The Harbourfront Centre

The Harbourfront Centre occupies a 10-acre site on the shore of Lake Ontario and offers the best in arts programming, events, and cultural food. The site hosts over 4,000 events every year, and it’s known for its restaurants, art galleries, gardens, walks, and community spaces. But it’s not just for the tourists; you’re just as likely to find residents enjoying the world-class cuisine or taking in an event – there’s something for everyone.

It’s also the starting point for exploring the area with regular ferries departing for the Toronto Islands, and it’s home to the Music Garden which was inspired by music written by the composer Bach.

2. Casual Dining and Drinks

Many of the neighbourhood’s dining options are concentrated in the Harbourfront Centre, and most offer amazing views of the lake. From authentic Italian coffee at Lavazza Espression, to Boxcar Social for after-work drinks and Lakeside Local Bar and Grill for casual dining, it’s no wonder that Harbourfront residents don’t ever feel the need to leave the neighbourhood. But, the Harbourfront’s central location in Toronto means that you’re just a short distance from fine dining restaurants in the downtown core, so you’re never short of options.

3. Views and Buildings

Living in the Harbourfront means views and lots of them! Tap into the energy of Miami when you own a condo in one of the buildings here as many have been designed to reflect the characteristics of Lake Ontario. Much careful thought and planning has gone into making the Harbourfront one of the most desirable places to live, and the breathtaking views and beautiful buildings make the most of this.

4. A Strong Community

The downtown Harbourfront neighbourhood stretches along the shore of Lake Ontario is a lively, bustling area with some of the city’s best condos. It also boasts a small-community atmosphere that is not often found in a neighbourhood dominated by condos. The area is quieter in the winter months when residents have the paths and gardens to themselves. Then, in the summer months, the Harbourfront comes to life as residents and visitors enjoy the best that this inner-city suburb has to offer.

5. Convenient Condo Living

The Harbourfront offers the best of condo-living. There are a number of older buildings that have the benefit of bigger floor plans that you won’t find elsewhere in the city. But there are also newer developments that offer the best in luxury fittings and finishes and state-of-the-art facilities.

With lots of green space, incomparable views of Lake Ontario, and access to the city’s top entertainment, culture and dining choices, the Harbourfront is one of the best places to live in Toronto. It’s a place you can happily call home with its wide-open green areas and sea views, yet with all the benefits of inner-city living.

The Harbourfront lifestyle is difficult to beat with recently added bike paths, the expansion of the 509 streetcar, access to the Martin Goodman Trail, ferries to Toronto Island, and much, much more.

3 Reasons to Get into the Toronto Real Estate Market Right Now

Great things come from owning your property, and we want to empower you to make strategic real estate investment decisions. It’s time to take action and join our growing network of clients who have found the process straightforward as they experience the thrill of owning their own property.

Don’t let anything hold you back from your dreams of becoming a property owner or investor. We have 3 reasons why there has never been a more opportunistic time to get started than now:

1. Take advantage of low-interest rates

If you’re considering taking the plunge and investing in Toronto’s real estate market, the time to act is now. Why? Because interest rates have been at or around record lows for close to ten years, making it more attractive to own rather than rent. Consider the risk of waiting longer – you could easily end up with a higher interest rate, which will make paying off your mortgage more expensive and put unnecessary pressure on your income.

2. Grow your wealth (and cover your mortgage)

Buying a condo in Toronto is an investment, not only will you benefit from the growth of the property, but the high rental prices mean that you can generally cover your mortgage repayments on a monthly basis. This is especially true in Toronto’s booming condo market where vacancy rates are low, and rents are high.

Another way to think of it is enforced saving. It can be difficult to put away money every month into a savings account, but with your mortgage being automatically deducted every month, this discipline is going to help you grow your long-term financial wealth and stability.

3. Make the most of a competitive real estate market

Toronto property markets have seen an uptick in the last few months or the demand has been hot for real estate in the Toronto market and we have seen an increase in sales due to the demand versus the low inventory. And, in some cases, this has even led to bidding wars.

While property markets elsewhere have completely stagnated, demand in the last few months is rapidly catching up to (and overtaking) supply. If you’re a first-time buyer, this is the time to act as conditions are the best that they have been since 2009. The strength of the growth in Toronto’s most prestigious neighbourhoods has given investors confidence that the current Toronto’s real estate market is not a bubble, and many are looking for new opportunities.

With a number of different factors affecting Toronto’s real estate market, there is a limited-time opportunity to get into the market. Mortgage rates are now being offered at under 2%, the lowest in history, making it advantageous for first-time property owners and investors. There has never been a better time to start building long-term wealth and financial security for your family.