Jarrett Hunter

A Very Special Long Weekend for me. This is the weekend we give thanks. I especially want to take this time to thank my family, friends, clients, associates and neighbours. I have much to give thanks about.

This has been a very difficult and trying past few weeks for my family. My sister has been in the hospital in Fredericton for the past few weeks trying to fix a problem she has been having with one of her lungs - 3 operations, 2 to fix the opening in her lung and 1 emergency surgery to stop some internal bleeding - Tanya is going to be fine and was moved out of the ICU yesterday and will hopefully be home with her husband and 6 year old son in a few days. And I am thankful.

A call came last week to tell me that my nephew was in a horrible car accident in PEI where he attends college. He and four friends were in a vehicle going too fast on roads that were not familiar. 2 of his friends were killed, one was badly hurt with broken bones and my nephew and the driver were spared. I am told that my nephew was sitting in the middle of the back seat with no seatbelt. When the car rolled, he was thrown through the windsheild and clear of the vehicle. While our family feels so very lucky for our gift of life, we mourn with the families that lost their young sons and brothers. And I am thankful.

We sometimes forget about all the true blessings in our life. Our health (mental and physical). Our home (diverse and free). Our friends (as crazy as some of them may be!). Our families (who accept us with all our faults).

Be good to each other this long weekend. Remember that each day here is a true gift. Embrace your friends and family as their presence is also a wonderful blessing. Keep well my friends.

Happy Thanksgiving.

Jarrett

One of the more frequent questions I get asked is about the leasing of condos and if I get involved in that. The answer, of course, is ABSOLUTELY! A good number of my clients who purchase condos in the downtown core are investors and the need to find good tenants for their properties is paramount to secure their investment. Toronto condo buildings will typically have 10 - 20% occupation by investors. If you think about, what a great investment indeed. Not only do you have a tenant paying for all or most of your carrying costs (mortgage, taxes, condo fee, utility costs, insurance) but you also get the added bonus of any increased equity! How many investments can you think of that will end up paying for itself? Toronto has a lovely history of increasing condo prices as well as increasing rents. This is spurred on by the ever increasing need to be downtown. Although we do have a fairly decent transit system, a commute from the burbs can run up to an hour each way and more and more people find this completely unacceptable in our fast paced lives.

The beautiful thing about condominiums is that they completely run themselves. Unlike a freehold investment, you don't have to worry about mowing lawns, shoveling snow, cleaning windows, securing the premises or sweeping stairs. The condo management looks after all these things and more. So what can I do for you? I can find you a great tenant! I can advertise your condo on the MLS system, arrange to show the property, do the credit check, job check and reference checks on any potential tenants and look after all the necessary lease documents and move in paperwork required. And it doesn't end there! Throughout the term of the tenants lease, the tenant can feel free to call me anytime with any problems (broken appliances, leaks, etc.) and I will arrange for the right professional to fix the problem. I don't charge a "management fee" for this as there is really very little to look after with a condominium. This is a great burden off the shoulders of out of country investors or busy professionals.

So, how much does this cost? The cost is one month's rent (plus GST) for a minimum one years lease. If the tenant stays on for more than a year, there is no additional charge.

If you are looking to lease out your downtown Toronto condo, please feel free to give me a call at 416-410-2300 or email me at Jarrett@Jarrett.ca to get the ball rolling. You can also log onto my website at www.CondosinDowntownToronto.com. Also, if you are an investor looking to purchase a condo in downtown Toronto, please call me to discuss the best areas in Toronto to purchase a condo for investment. I know all the buildings and can advise you accordingly.

Downtown Toronto is a great place to invest or live. Call today to get started!