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Bas/sell

Name: Bas/sell
Address: 7240 Woodbine Avenue, Suite 103, Markham, ON, L3R1A4, CA
Telephone: +16477733438
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10/28/2026

GTA new-home demand is moving at different speeds.

BILD / Altus Group reported 129 high-rise sales and 820 low-rise sales for September 2026 in its October 22 release.

For landowners and investors, our view is practical: a regional headline cannot replace a property-specific assessment. Compare similar new projects, test slower sales and carrying costs, and confirm financing and rebate eligibility with your advisers.

Planning a sale, acquisition or development? Contact Bas/sell to discuss your property’s strategy.

The figures describe the new-home market. They do not measure resale activity or commercial leasing. The cover is an AI-generated concept illustration.

Source: https://www.bildgta.ca/new-high-rise-sales-in-the-gta-hit-record-low-for-september-while-low-rise-new-home-sales-outperform/

10/28/2026

Rate hike: not useful, not harmful, just pointless.

This morning the Bank of Canada raised its policy rate by a quarter point to 2.5%, its first increase in three years, citing inflation at 3.1% driven largely by energy prices.

Yes, a hike sounds harsh with jobs already disappearing. And borrowers will feel it in their payments. But will it change buying and selling? No.

From where I sit in commercial real estate across the 401 corridor, the market is already slow, and it's not slow because of rates. What's holding deals back is uncertainty — and a job market that lost 68,000 positions in September.

A quarter point won't slow this market further, and it won't speed it up. It affects the borrower, not the trading.

Don't let rate headlines stall your decisions. The fundamentals of a good deal haven't changed today.

Bas | Broker, Bassell Commercial Real Estate
HomeLife Landmark Realty Inc., Brokerage

10/26/2026

GTA industrial demand is back: 2.0M sq. ft. was absorbed in Q3, and availability has held at 5.0% for four straight quarters. Asking rents, though, slipped again.

The takeaway: tenants still have room to negotiate, and owners should price renewals to today’s market.

Call or message me to compare the numbers on your property.
+1 647 773 3438 · [email protected]

Bas Almhithawi, Broker, HomeLife Landmark Realty Inc., Brokerage
Source: CBRE, Toronto Industrial Figures Q3 2026 (Oct 14, 2026). General information only, not financial or investment advice.

10/18/2026

The rate call starts tomorrow.

Monday, October 19 is one of the busiest data days on the Bank of Canada's calendar. Three releases land together: the Business Outlook Survey, the Canadian Survey of Consumer Expectations, and September CPI from Statistics Canada.

Together they give the Governing Council its final picture before the October 28 rate decision. Markets currently put the odds of the policy rate holding at 2.25% at about 76% (WOWA Canada). Those are market-implied odds, not a certainty, and Monday's numbers can move them.

Why it matters for commercial real estate: the rate path feeds directly into borrowing costs, cap-rate expectations and refinancing timelines.

Bas Almhithawi, Broker
Bassell Commercial Real Estate | HomeLife Landmark Realty Inc., Brokerage

10/15/2026

The storm passed. The questions didn’t. ⛈️

On October 14, the Insurance Bureau of Canada estimated C$563 million in insured losses from the September 2–3 storms across the GTA and southern Ontario. That figure covers all property types, not just commercial, but the lesson for CRE owners, buyers and tenants is clear: resilience has to be checked building by building.

Before you buy, renew or sign, ask:
✅ Is there any unresolved damage or an outstanding claim?
✅ What do the loss history and repair records show?
✅ What are the actual premium, deductible and exclusions, rather than an assumed regional increase?
✅ Who carries business interruption risk under the lease?

On a live deal, settle these questions before your conditions expire.

A regional loss number can’t tell you the risk of a specific building. Due diligence can.

📩 Thinking about an acquisition, renewal or lease along the 401 corridor? Let’s review it together.

Bas Almhithawi, Broker
Bassell Commercial Real Estate | HomeLife Landmark Realty Inc., Brokerage

10/14/2026

The foreign buyer ban is coming to an end. Is your timing right?

Canada’s federal ban on foreign buyers of residential property is set to expire on January 1, 2027, unless Ottawa extends it. It applies nationwide, from Toronto and Vancouver to Ottawa, Calgary, Halifax and Durham Region.

Here’s why that matters. If the ban lapses or is loosened, international buyers could re-enter the market alongside local buyers. More buyers competing for the same limited supply of homes and condos could add upward pressure on prices, especially for new condos and in-demand urban neighbourhoods.

Expect a lot of debate over the next few months as Ottawa decides what comes next. Analysts are already weighing an Australia-style approach, where foreign buyers are allowed back for new builds and redevelopment.

What it means for you:
• Buyers: today’s market may be quieter than it will be after the decision. Know your numbers now.
• Sellers and investors: a wider buyer pool could strengthen demand. Plan your timing.
• Everyone: provincial taxes on foreign buyers, like Ontario’s 25% NRST, stay in place either way.

Buying? Get ahead of the shift. Call or text me at 647-773-3438.

Sources: Global News; Borden Ladner Gervais (July 2026); Canadian Mortgage Professional (September 2026). This is general market commentary, not a price forecast or legal advice.

Basel Almhithawi, Broker | Bassell Commercial Real Estate
HomeLife Landmark Realty Inc., Brokerage

10/13/2026

What if the recovery takes longer than your property plan assumes?

TD's September 29 outlook describes a modest housing recovery that depends partly on easing bond yields.

Our five-slide carousel turns that context into practical questions for owners: Can your cash flow absorb a higher renewal rate? What happens if a space stays vacant longer? Have you budgeted for leasing costs and a slower rent-growth scenario?

These are Bas/sell planning considerations. Housing forecasts are not commercial property valuations. Check current local leases, tenant demand and comparable transactions.

Contact Bas/sell to review your next move.

Source: https://economics.td.com/ca-provincial-housing-outlook

10/12/2026

Happy Thanksgiving! 🍂

Wishing you and your loved ones a warm and joyful holiday, filled with gratitude and good company.

Grateful for your trust, your partnership, and the community we build together.

— Basel Adel, Bas/sell

10/11/2026

A softer jobs market is a reason to take a closer look at your property plans.

Statistics Canada reported 68,000 fewer people employed in September and a national unemployment rate of 6.5%.

Our Bas/sell takeaway: check tenant strength, upcoming renewals and whether your cash flow can handle a longer vacancy. If you’re expanding your business, test the space commitment against realistic revenue expectations.

Explore the six-slide checklist. Buying, leasing or renewing in Ontario? Message Bas/sell to discuss your next move.

Source: https://www150.statcan.gc.ca/n1/daily-quotidien/261009/dq261009a-eng.htm

10/08/2026

Toronto’s office market posted another positive quarter.
CBRE reports that Toronto recorded more than 500,000 sq. ft. of net absorption during Q3 2026. Downtown vacancy fell 90 basis points, while sublease space declined by approximately 500,000 sq. ft. Demand remains strongest in better-quality buildings. �
CBRE Canada +1
Tenants should begin their searches early and compare the complete occupancy cost. Owners of older properties should examine upgrades, amenities and market positioning before assuming the broader recovery will reach their buildings.
Planning an office move or property strategy? Contact Bas/sell.

Address

7240 Woodbine Avenue, Suite 103
Markham, ON
L3R1A4

Opening Hours

Monday	10am - 6pm
Tuesday	10am - 6pm
Wednesday	10am - 6pm
Thursday	10am - 6pm
Friday	10am - 4pm
Saturday	10am - 2pm

Telephone

+16477733438

Website

https://bassell.ca/

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