HOCKEN / WYCHWOOD
How to buy a property in Toronto when the market is slipping away from your max capacity?
First: don’t lose hope.
Second: stretch beyond what you’d ‘like’ to spend, accepting that you’ll have to go all in and most likely be patient with your renovation plans.
Third: rely on the help of good timing when offering (like a long weekend at the end of summer when everyone else is at the beach) and misled sales strategies (listing agents often get it wrong).
Fourth: be open to the ‘weird one’. Non conforming properties are often the ones that don’t resonate with the market because they’re not box tickers, making them the best way in to an area you couldn’t otherwise afford.