Bogdan Poprawski - Real Estate

05/15/2026

My wife's family is from Malta.

Malta does not levy an annual tax on property ownership.

When purchasing real estate in Malta, buyers pay a 5% stamp duty. However, first-time buyers are exempt from stamp duty on the first €200,000 of the property’s value. Legal fees generally amount to around 1.5%, bringing the total transaction costs to approximately 6.5% of the purchase price.

04/21/2026

New Listing:
Unique opportunity to own an office space/income
Location:
2351 Royal Windsor Drive, Unit 204
Price: $470/sqf.
Size: 1,050 sq ft + common elements.
Details are just coming in.
A more exact description in two days.

12/31/2025

No-frills residential real estate: Buy or rent? (4)

Financial consideration: Ongoing costs:

These are the costs associated with property ownership:
1. Mortgage payments.
2. Property taxes.
3. Homeowners insurance.
4. Utilities.
5. Maintenance and repairs.

Renters pay for:
1. Rent.
2. Utilities (unless agreed to the contrary).
3. Content insurance.

PS: Wealthy folks do own real estate.

12/29/2025

No-frills residential real estate: Buy or rent? (3)

Financial considerations: Upfront costs.

No doubts—buying the property requires high upfront costs.
Here they are:

1. Down payment.
2. Arranging the financing (mortgage broker costs).
• Loan origination fee.
• Appraisal fee.
3. Closing costs:
• The lawyer’s fees.
• Title insurance fee.
• Inspection fee.
• Surveyors’ fee if needed.
• property insurance.
• Property taxes.
• Mortgage costs.

And now—the upfront costs in rentals:

1. Two months' deposit covering the first and last month's rent.
2. Content insurance.

… but …

PS: Wealthy folks do own real estate.

12/27/2025

No-frills residential real estate: Buy or rent? (2)

Financial considerations:

The financial implications of renting versus buying are among the most significant factors to consider when making this decision.
A fundamental understanding of these costs is imperative to making an informed choice:
Here they are:
1. Upfront costs.
2. Ongoing costs.
3. Opportunity costs.
4. Tax implications.

PS: Wealthy folks do own real estate.

12/25/2025

After unexpected preoccupations with different important issues, I am restarting a cycle of real estate posts.
My observations might be useful for beginners and more advanced real estate enthusiasts.
Your comments are welcome.

No-frills residential real estate: Buy or rent? (1)

This is a classic question that has existed for generations.
The decision to rent or buy real estate is a complex equation with no universally applicable answer.
It involves:
1. Financial considerations.
2. Lifestyle and flexibility.
3. Market conditions and investment potential.
4. Psychological and emotional factors.

PS: Wealthy folks do own real estate.

12/05/2025

GTA real estate market update: November 2025. -

Average sales price: January 2025 - $1,040,994; February 2025 - $1,084,547; March 2025 - $1,093,254; April 2025 - $1,107,465; May 2025 - $1,120,879; June 2025 - $1,101,691; July 2025 - $1,051,719; August 2025 - $1,022,143; September 2025 - $1,059,377; October 2025 - $1,054,372; November 2025 -...

11/12/2025

I am adding a cycle of real estate posts to my FB routine.
My observations might be useful for beginners and more advanced real estate enthusiasts.
Your comments are welcome.

No-frills residential real estate: Buy or rent? (1)

This is a classic question that has existed for generations.
The decision to rent or buy real estate is a complex equation with no universally applicable answer.
It involves:
1. Financial considerations.
2. Lifestyle and flexibility.
3. Market conditions and investment potential.
4. Psychological and emotional factors.

PS: Wealthy folks do own real estate.

11/05/2025

GTA real estate market update: October 2025. -

Average sales price: January 2025 - $1,040,994; February 2025 - $1,084,547; March 2025 - $1,093,254; April 2025- $1,107,465; May 2025 - $1,120,879; June 2025 - $1,101,691; July 2025 - $1,051,719; August 2025 - $1,022,143; September 2025 - $1,059,377; October 2025 - $1,054,372 Number of sales: ...

10/27/2025

New listing - Office/Industrial condo for sale.
Coming to MLS soon.
It is a rare opportunity to own an elegant industrial/office unit.
Height: 24 feet.
AMPS: 60
Volts: 600
1 Drive-in door.
2x2pc washrooms, 1x3pc washroom
Size: 3928 sq ft. (2712 sq ft office and 1216 sq ft industrial).
Price: $1,479,000.
Location: 7003 Steeles Ave West, Unit 12 in Toronto.

10/05/2025

GTA real estate market update: August 2025. -

Average sales price: January 2025 - $1,040,994; February 2025 - $1,084,547; March 2025 - $1,093,254; April 2025- $1,107,465; May 2025 - $1,120,879; June 2025 - $1,101,691; July 2025 - $1,051,719; August 2025 - $1,022,143; September 2025 - $1,059,377. Number of sales: September 2025: 5593; Augu...