Vick Sandhu - Re/Max Real Estate Centre

10/24/2023

Coming Soon
Fletchers West
Sheridan College

Vick Sandhu
Broker
Remax Real Estate Centre
647-567-9474

10/24/2023

Just Listed
For Sale
Vales of Castlemore

Vick Sandhu
Broker
Remax Real Estate Centre
647-567-9474

12/23/2022

Happy Holidays from Vick Sandhu Broker.

For all Your Real Estate Needs call 647-567-9474.

Vick Sandhu
Broker
Remax Real Estate Centre
647-567-9474

11/10/2022

JUST LISTED‼️

FOR SALE ❗️

Beautiful 4 Bedroom 3 Bathroom Semi-Detached in Brampton. 🏡

VICK SANDHU
BROKER
REMAX REAL ESTATE CENTRE
647-567-9474

VICK SANDHUBrokerRE/MAX REAL ESTATE CENTRE INC., BrokerageCell: 647-567-9474Tel: 905-795-1900Email: [email protected]: https://vicksandhu.com/A...

10/05/2022

Thanks to all my Clients Friends and Family for Supporting me and Choosing me for all your Real Estate Needs in these changing Markets! 5 Years!

Vick Sandhu
Broker
REMAX REAL ESTATE CENTRE
647-567-9474

07/13/2022

Canada Mortgage News.

Bank of Canada hikes interest rate to 2.5% , 100 basis points increase today, — biggest jump since 1998.

Bank Prime is now 4.70% and most HELOC rates are 5.20%. Next announcement is in September .

With BoC hike, the new Mortgage Qualifing - Stress test rate (for variable) will be closer to 6%.

# Speculation/ Investor share will decrease.
The purchase of a rental property accessing a HELOC on an existing property for down payment will be costly and will be hard to manage for some people who over-leveraged, over extended themselves vs their net income. Qualifying on rental properties will get harder for many ...

# The 100bps rate hike today will affect many commercial and residential development project budgets. Since non-income producing land/developments and construction loans are almost all floating, this added further costs to the end consumer if and when these projects get delivered.

Dont Over extend or Overleverage in this rising rate environment if your income doesn't support your debts.

07/13/2022

Bank of Canada increases policy interest rate by 100 basis points.

The Bank of Canada today increased its target for the overnight rate to 2½%, with the Bank Rate at 2¾% and the deposit rate at 2½%.

03/27/2022

"The 2021 Census reported that from 2011 to 2021, Ontario’s population grew by 10.7 per cent and the number of occupied dwellings grew by 12.5 per cent. The same has been true for the past 30 years. From the late 1960s to the early 1980s, dwellings grew much faster than population, but the fact remains that new construction is still outpacing population growth. Many of the new units are high-rise condos, whereas many buyers want ground-oriented units. The problem is not so much the number of units being built as the type of unit."

02/10/2022

ONTARIO NEEDS 1.5 MILLION HOMES TO MEET DEMAND

01/26/2022

Photo: Supplied Despite soaring inflation, the Bank of Canada opted to hold off on rate hikes until later in the spring, keeping its benchmark interest...

01/01/2022

Happy New Year
2022

Vick Sandhu
Broker
Remax Real Estate Centre

12/24/2021

Merry Christmas and Happy Holidays To All Friends Family and Clients. 🎄🎉 🎁

Vick Sandhu
Broker
Remax Real Estate Centre
647-567-9474