Realtor at your service! (Toronto) ©Copyright 2024
With 15 years' experience in the GTA, and 20 years international experience buying and selling, I've learned how to make great deals for my clients.
Let me help you achieve your goal of home ownership today. I am fully licenced and accredited with TRREB, OREA, CREA, RECO, and NAR (usa) and am a certified RENE (Real Estate Negotiation Expert) and ABR (Accredited Buyer Representative). My service will $ave you thousands on your next real estate transaction.
My job is to make your dream become a goal with a deadline. Personally, I detest multiple offer situations, but I do bring negotiating experience to bear enabling the purchase for the home of your dreams at the best price possible.
My philosophy is simple.... If I do not satisfy your needs - you pay nothing! Please feel welcome to reach out to me anytime to access your situation.
Howard Krangle, Real Estate Bay Realty Brokerage

......and for those Seniors thinking of downsizing...... I would like you to consider the following....

YOU'RE NOW AN EMPTY NESTER
If you own a house, let me show you how to live the rest of your life without worry.
WHY:
You're getting older,
You're thinking about your health and safety,
You're thinking about your dependents and their inheritance
You're worrying about all of this and more…….
I will explain how to move to a condominium, sell your home, and live the rest of your life in the style you have earned……without worry!!!

HOW:
Your home is likely worth $1.5 – 1.7 Million Dollars. (slightly more or less) I can prepare a Comparative Market Analysis (CMA) to show you.
You can either RENT or PURCHASE a condominium in a great location;
- Near The Promenade, North Park Road/ Desera, Steeles Ave (north side), Yonge St (north of Steeles), Royal Orchard Blvd, Bay Thorn Dr., Oneida Cr., Hillcrest Mall, Baif Blvd, Observatory Ln., etc… , steps to everything……

A nice two bedroom unit in the $700K range.

IF YOU WISH TO PURCHASE:
This leaves you with roughly One Million dollars to invest (equity capital), at a minimum return of 4-5% annual interest => $40-50K yearly
Plus, your government CPP and OAS, est.=> $36K yearly
Leaving you with roughly $76-86K yearly, less tax of 20-30%
Net to you a minimum of $62-68.8K, that equals $5166-5733 monthly after tax
You will incur monthly expenses for maintenance, insurance, hydro, water, and cable. (Some buildings include Hydro, Water, and Cable in the Maintenance Fee)
Annual Real Estate Tax: estimated $3600 / $300 Monthly

Full Circle: After Tax Income---> $5166 – $5733. Monthly,
Monthly Condo Expenses estimated to ( $1500 )
Monthly Real Estate Tax estimated to ( $ 300 )
===========
Monthly Discretionary Allowance: $3366 – $3933
You have an additional $3366 – $3933 disposable monthly income to spend on whatever you want. (food, clothes, restaurants, entertainment, transportation, etc….while still leaving your equity capital available to your heirs.

Should your health situation change, and you need to move to assisted living or have full or part-time help in-house, you have the money to afford the extra expenses. Even if you need to borrow into your Condominium Equity Capital, you should have almost no problem since the Condominium Equity Capital is appreciating 5-7% annually! (est.. >$35000 / yr)

Seriously, this makes much more sense and sounds better than worrying about the roof leaking, the hot water tank breaking down, the grass and snow, etc….

IF YOU WISH TO RENT:
This leaves you with roughly $1.7Million dollars to invest, at a minimum return of 4-5% annual interest => $68-85K yearly
Plus, your government CPP and OAS, est.=> $36K yearly
Leaving you with roughly $104-121K yearly, less tax of 20-30%
Net to you a minimum of $83.2-96.8K, that equals $6933-8066 monthly after tax
You will incur monthly expenses for maintenance, insurance, hydro, water, and cable. (Some buildings include: Hydro, Water, and Cable in the Maintenance Fee)

Full Circle: After Tax Income---> $6933 – 8066 Monthly
Less Rent, Insurance, Hydro, Cable ($3500)
===========
Monthly Discretionary Allowance: $3433 – 4566 Monthly
You have additional $3433 – 4566 disposable monthly income to spend on whatever you want. (food, clothes, restaurants, entertainment, transportation, etc….while still leaving your equity capital available to your heirs.


If you choose to PURCHASE, should your health situation change, and you need to move to assisted living or have full or part-time help in-house, you have the money to afford the extra expenses. Even if you need to borrow into your Condominium Equity Capital, you should have almost no problem since the Condominium Equity Capital is appreciating 5-7% annually! (est... >$35000 / yr)

If you choose to RENT, should your health situation change, and you need to move to assisted living or have full or part-time help in-house, you have the money to afford the extra expenses. Even if you need to borrow against your investments, you should have almost no problem since the investments generate income 5-7% annually! (est. >$68000 – 85000 / yr)
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(416) 804-1946
Howard Lewis Krangle
Real Estate Bay Realty Brokerage
Fluent in English
Business fluency in Spanish

All your real estate needs including;
Residential Houses and Condos,
Commercial Office, Warehouse, and Manufacturing Sites, Vacation Homes, and Airport Facilities.

Side Note: Therer are many "Distressed" properties for sale by folks who signed contracts prior to Covid
and are unable to close their deals today. I have access to many of these fine properties at bargain prices.
So give me a call if you're shopping for a deal....I CAN HELP YOU !!!!! BEST WISHES FOR SUCCESS!!!

Copyright 2024 Howard Lewis Krangle
When you call please mention you found this ad listing on OKz.ca