Wanbing Xiong Immo/Real Estate

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Montreal, QC
Wanbing Xiong Immo/Real Estate

Broker for expats

04/15/2023

Located on the top floor of a charming building in the vibrant Mile-end neighborhood. You will be impressed by the abundance of natural light through large windows and skylights.
Modern and inviting open-concept living area and kitchen, featuring hardwood flooring. On the private balcony, you can enjoy the view of the English-style courtyard while sipping your morning coffee or enjoying the afternoon sunset.
Just steps away from some of Montreal's best cafes, restaurants, and boutiques. With easy access to the bike path, public transport, and private outdoor parking, you can enjoy what this exciting neighborhood offers!
Open house on 16th 15h - 18h
22th 10h - 13h
MLS # 9439351

https://www.centris.ca/en/condos~for-sale~montreal-le-plateau-mont-royal/9439351
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Situé au dernier étage d'un charmant immeuble dans le quartier animé du Mile-end. Vous serez impressionné par l'abondance de lumière naturelle grâce aux grandes fenêtres et aux puits de lumière.
L'espace de vie et la cuisine sont modernes et accueillants, avec des planchers de bois franc. Sur le balcon privé, vous pouvez apprécier la vue sur la cour de style anglais tout en sirotant votre café du matin ou en profitant du coucher de soleil de l'après-midi.
À quelques pas des meilleurs cafés, restaurants et boutiques de Montréal. Avec un accès facile à la piste cyclable, aux transports en commun et à un parking extérieur privé, vous pouvez profiter de tout ce que ce quartier passionnant vous offre !
Visite libre le 16 15h - 18h
Le 22 10h - 13h
MLS # 9439351

https://www.centris.ca/fr/condo~a-vendre~montreal-le-plateau-mont-royal/9439351

01/11/2023

How to make an investment out of your current home??

The word "invest" can be scary. Too many people think that "I gotta have a lot of cash to invest"

Well. That is just wrong. Let me show you how and we can shift your mindset together.

If you have been watching the housing market. Or you've bought your house over one or two years. Most likely you see a drastic increase in your home value. Do you just sit on a pile of cash and do nothing?? NOOOO

Equity!! You can use your equity to rent out your current home at the CURRENT MARKET VALUE and purchase the next one with as little as 5% down payment.

This is a conversation I have weekly with many homeowners and the first time buyers.

Want me to talk you through?? Send me a message and we can make this happen! 😉

01/06/2023

OK! It's January. The month that reminds us to set goals and resolutions. I don't always remember what goals I set at the New Year if I don't have a system. SMART is how you can make the goals stick!
S Specific - What needs to be accomplished by you? What are the steps?

M Measurable - Quantifying your goals is essential to track your progress more easily

A Achievable - Give yourself a serious reality check!! Remember, only the achievable goal are sustainable. You are most likely more motivated when you see a progress.

R Relevant - Why are you setting this goal? What is your purpose?

T Time - When is the starting time and when is the deadline? When you have a date, your SMART ways to set a goal is complete!

12/22/2022

The real estate market changes instantaneously.

We saw some are panicking, others are hesitating. No matter how the market is, we are committed to help our clients in their best interests. Ups and downs, we are here to learn and to adapt to the current market.

As we slowly go into 2023, as you cautiously choose which real estate broker that you want to work with to make one of the biggest purchase or sale of your life, make sure they are up to the mark with the industry change.

2023 is going to be different. Different from 2020, 2021 and 2022.
2023 is a new year with new ways of buying, selling and new strategy to achieve our goals.

If you would like to know how we work, what makes us different, or if you have any specific questions, let's set up a chat over tea or coffee.

#2023

12/19/2022

🏡 Change in use from principal residence to income-producing 💱

"A complete change in the use of a property from a principal residence to income-producing (or vice-versa) will create a deemed disposition of the property for tax purposes (both land and building) at fair market value and an immediate reacquisition at the same amount. However, any gain determined on this deemed disposition may be eliminated or reduced by the principal residence exemption, but any future appreciation as an income-producing property may be exposed to taxation."

12/18/2022

Here are three of Hanukkah books for toddlers that are recommended to me by my friends who celebrate 💙
1️⃣ The Very Hungry Caterpillar's 8 NIGHTS OF CHANUKAH by Eric Carle
2️⃣Shelf the Hanukkah Elf by Greg Wolfe & Howard McWilliam
3️⃣My first Hannukah Story Book by Little Jashanafar

Do you have a favorite book to recommend? 🤓💙

12/11/2022

Tips for preparing for the holiday party:
1. Cook Ahead!
2.Keep a Well-Stocked Pantry.
3.Leave a Welcome Note.
4.DIY a Guest Room if You Don't Have One.
5.Free Up Closet Space.
6.The Little Things Make a Difference.
7.Skip the Paper Napkins and Plates.
8.Invest in a Coat Rack. It's Worth It.
9.Stock Each Bathroom with Plenty of Toilet Paper
10.Create a Timeline for the Big Day
11.Don't Be Afraid to Ask for Help

12/10/2022

When it comes to owning a home. It's not as straight forward as just paying the sale price. There are fees and taxes you will need to consider before purchasing.
Who pays for land transfer tax? The home buyer always pays for it. The welcome tax increases in rate the higher the property value. Many regions have a sliding scale similar to the following:

0.5% for the first $52,800

1.0% between $52,800 and $264,000

1.5% between $264,000 and $500,000

2.25% for amounts over $500,000

•If you are buying a newly built house. You will also subject to pay Quebec sales tax.
•If you are selling your current house to move to the new home, depends on your situation, paying the mortgage penalty might occur to you.

Address

Montreal, QC

Website

https://linktr.ee/wanbing

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