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Hi, thank you for watching! We’re still active and open for business. I’d be happy to hop on a call to discuss the best areas for you. Off the hop I would suggest looking at the suburbs in the West Island and St-Lambert.

We have a Ferragamo outlet in Mirabel, and likely getting a store in Royalmount!

@@ljaguinaga no sorry no ferragamo store in Québec closest in Toronto or Boston (Massachusetts) in mirabel its regular and not luxury outlets, you cant find such luxury brand as an outlet

I have to agree! We're hoping for a change in our politicians in order to bring the city back to what it once was! We still have it in us!

Hi Chris, I believe we will see more appreciation in Griffintown over the next 2 to 5 years. The downtown and Griffintown markets were the most affected by Covid. The foreign buyers ban has also kept these markets quite flatlined. Once the ban gets lifted and as more and more companies, bring the workforce back downtown I expect the prices in these areas to spike. Interest rates will also play a role in this. Between the interest rate increases and the increase in condo fees due to the law changes in 2022 it became more and more difficult to justify purchasing a unit in these areas versus renting one.

@@ljaguinaga thanks for the reply. It’s almost impossible to cash flow in griffintown even if you put 30-50% down. Keep up the good content, I’m a new subscriber!

Je pense que ça va être un été assez active avec un automne très occupé. Le marché actuel bouge quand même. On ne le remarque pas, car il y a plus de prorpiétés qui sont inscrits a tous les jours.

That's a great tip! Thank you for sharing!

Thank you!

100% CRA is delusional with their expectations of us.

I think we’re still a lot more affordable than a city in California. The price of real estate loan is significantly less expensive here.

Seems like a fair trade off. Unfortunately it wasn’t property tax… it was the landlords income tax. He should get some of the landlords assets in exchange 🤝🏼

@@ljaguinaga its not his responsibility to do or pay someone elses taxes, the CRA cant just decide oh so and so didnt pay their taxes so we nominate you to do it for them

@@xkingcutx I completely agree with you, but unfortunately, that is exactly what they did!

This is true! In order to succeed in Quebec you must be able to speak French.

Gold maples are tax exempt already. And since it's legal tender, the gold value is irrelevant. You bought the house for 500k it's worth 1m and using the same currency (Canadian dollars issued by the government) you sold it for $20,000

Canada robbing everyone.

They should make the gold maples say $3500 on each coin or they should stop making it legal tender, but until they do then its my exit strategy from Canada.

I was considering charging rent like that so I can get tax back because I'm "poor" I can make up to 1.5m dollars per year like this and still be at the lowest tax bracket. I can charge rent for $15 dollars per month paid in gold maple leafs.

Decided against it and to just liquidate, fire my 25 employees and leaving

Im sorry to hear that! We lived through that shortly in 2021 but we’re back to allowing all standard conditions in Montreal!

Hi, they’re both great cities! Do you have any friends or family in one vs the other?

@@ljaguinaga thanks for the fast reply, no i dnt have but iam algerian all community is in quebec , i want to know what city has more chances to get more sales for a realtor ?

@@noradjellouli5577 my pleasure! Both cities have a lot of opportunities. It will come down to you! Pick the city that suits your family more because work wise you can crush either market!

We definitely pay the highest taxes. In terms of food and cafes, I still get a sticker shock every time I go to Toronto and Vancouver.

@@ljaguinaga Not really ! I go every year to Montreal and carefully compare the prices. IN Montreal my bills are higher now than in Vancouver bc of the higher tax and tips on top of the already high prices. At the very minimum the starting prices are the same as in Vancouver. Starting price in Greek tavernas or French restaurants in Montreal in November 2024 were already minimum 30-40 $ for one dish Men's haircuts in a nice but not luxurious salons in Plato Montreal typically start from 45-50 minimum + tax and tips. Exactly the same as in Vancouver . Professional massage therapy session in Montreal now costs 120 $ nearly the same as in Vancouver. Prices in Jean Couture are about the same as London drugs in BC chain for all the same brands and goods + higher sales tax which adds up at the end of the year. Fitness clubs are also about the same price on memberships. Not to mention to the fact that professional salaries can be lower in Montreal and more taxed on comparing to Ontario and BC. Sadly, but Montreal is no longer a win but still more pleasant to live in for sure provided you speak decent French and ok with long and cold winters.

@@Denis50832 thank you for the detailed analysis. I’ll have to revisit it

What are your top 5 instead?

Hi, that is correct. Essentially the courts said that the issues that they tried to hold the property accountable for where not realistic expectations of a property of it's age. Additionally the dates and timelines of the events did not help the buyers. It made it seem like it was more so a case of buyer's remorse than actual issues. Here is a link to the judgement, www.dropbox.com/scl/fi/xztjjuvc8ns0qjtl7deoc/Superior-Court-Judgement-Inspection-Clause.docx?rlkey=43q7u001an6975isx4d4o26rz&dl=0

This will no longer be the case following this judgement!

Have you thought about an investment or a condo?

In Quebec the inspection clause reads as follows, the word significant is the trigger. "This promise to purchase is conditional upon the BUYER being permitted to have the IMMOVABLE inspected by a building inspector or a professional within a period of "x" days following acceptance of this promise to purchase. Should this inspection reveal the existence of a factor relating to the IMMOVABLE and liable to significantly reduce the value thereof, reduce the income generated thereby or increase the expense relating thereto, the BUYER shall notify the SELLER, in writing, and shall give him a copy of the inspection report no later than the 4th day following the expiry of the above-mentioned time period, before 8:00 pm. This promise to purchase shall become null and void upon receipt, by the SELLER, of this notification together with a copy of the inspection report. Should the BUYER fail to notify the SELLER within the time period and in the manner specified above, he shall be deemed to have waived this condition.

Unfortunately, unless the seller's declaration form or the listing states that the property has been upgraded, the assumption must be that all other systems are from the year of construction. Negative sloping is a problem, but also present in 95% of homes. Homes tend to settle in the 5-10 years following construction bringing them lower in respect to the surround ground. Correcting the grading is standard practice.

Thanks for watching!

Interesting to see how much power they actually have, eh?

Definitely holds everyone more accountable!

Happy to share!

Crazy how much the city likes to put their hands in everyone’s pockets!

I'd have to see what portion of our municipal taxes are going towards these bridges. I thought some bridges were federal or provincial jurisdiction. Still coming out of our pockets, but on a more macro level.

@@ljaguinaga I think it's actually a mix, but still, center-city residents effectively give a welfare hand-out to people in the burbs, at a national and/or local level, and that's just not fair, and should be brought up more often in political debates. They should pay for what their lifestyle actually costs, relatively speaking, for the government to sustain it. You want to live in the middle of nowhere? Well fine, but here's your much higher car registration fee, your much higher water tax and so on. And that's not even touching what an environmental disaster sprawl is.

lol!

While it's true that some condos can be compact, this one-bedroom unit offers floor to ceiling kitchen storage, a private terrace and a locker. It might surprise you how functional and comfortable it can be. Would you be interested in learning more?

We can help you with this. Send me an email, lj@ljrealties.com

Thank you for the kind words! Appreciate the name calling! I hope you have a wonderful day!

Ça fait plaisir!

Thank you!

CAD for my videos

No one is selling anything with a reverse mortgage. They are financing up to a maximum of 55% of the appraised value at the time they take the loan on a lump sum or monthly basis in order to have cash flow to continue with their everyday living expenses. During this period the property continues to appreciate, and they get the pass on the balance to their heirs. They can also choose to sell it at anytime. It’s not necessary for everybody but it is an interesting strategy for some.

Both options work!

🙌🏼🙌🏼

Take a look at our podcast where we interview a reverse mortgage specialist. czcams.com/video/072t7oKTzsQ/video.htmlsi=amNGtTtDHs7Dr05v

Learning french is just an added bonus!

Thanks for the views!

Merci d'avoir regardé ma vidéo. Je suis désolé que cela vous ait contrarié... Je vous encourage à regarder mon contenu en français si vous préférez. Nous sommes tous libres de parler et de consommer dans notre langue préférée.

If the content is for moving to Montreal, why would it be in French?

@@Kalavatinails thanks for the support!

lol! The first one is the toughest!

Thank you for watching!

Hi! We have a few good ones here too now. The latest one, FHSA is an awesome program that was introduced last year.

Glad you enjoyed it