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2025 Reality Check: It’s not good.

General Danny Cardoso 15 Aug

The Canadian real estate market is approaching a significant shift. As 2025 nears, homeowners—especially investors and those who purchased second homes during the COVID-19 pandemic—face a tough reality. Rising interest rates are set to increase mortgage payments dramatically, turning once-affordable properties into financial burdens.

The Ticking Time Bomb

Many homeowners bought properties during the COVID-19 frenzy, driven by low interest rates and high demand. Now, with rates nearly tripling and the market cooling, those properties may no longer be financially viable. Facing hundreds, or even thousands, of dollars in additional monthly payments, many are rethinking their strategies.

A Flood of Inventory?

As homeowners struggle with higher payments, some may be forced to sell, potentially flooding the market with inventory. However, today’s market—with rates hovering around 4.5%—is very different from the COVID-19 boom. The demand for second homes and rental properties has dwindled, and buyers are harder to find.

The Rental Dilemma

Selling a rental property with tenants presents even more challenges. Strict regulations protect tenants, making it difficult to raise rents or evict them to facilitate a sale. Potential buyers would need a large down payment or be willing to purchase the property for owner-occupied use.

Prepare for the Future

As a mortgage broker, I’m here to guide you through these turbulent times. While there’s no one-size-fits-all solution, I can provide a personalized assessment of your situation.

A Complimentary Review

I’m offering a complimentary review of your mortgage and property outlook for 2025. Together, we’ll explore your options—whether it’s renewing, refinancing, or selling. Let’s ensure you have the time and information needed to make informed decisions about your financial future.

Don’t wait until it’s too late. Contact me today to schedule your complimentary review. Remember, every situation is unique. Let’s work together to navigate the changing market and secure your financial well-being.