Well, we are in the thick of summer — my favorite season. Those who know me know that’s absolutely not true. I loathe summer. It’s my least favorite season. However, there are ways to stay cool and save thousands. In this episode, I’ll be sharing five summer energy-saving tips, plus Ontario rebates explained.

Ciao! Welcome to a new episode of Building Wealth Through Real Estate...Brick by Brick with me, Nico James-Bock, Founder of The CondoWiz™ Group and Broker at Keller Williams Co-Elevation Realty in Toronto.

Summer cooling costs can take a bite out of your monthly budget. But with smart planning — and a little help from federal, provincial, and local rebate programs — you can make your home more comfortable and energy-efficient.

Program Round‑Up

• Federal Tax Credit: 30% off qualifying heat pumps (up to $2,000)
• Ontario Home Renovation Savings Program: up to 30% rebate on renovations (heat pumps, insulation, windows, smart thermostats); up to $12K for heat pumps or $10K for bundled upgrades as electricity-heated home
  EcoFlow
  IESO+2
  Save on Energy+2
  Toronto Hydro+2
  en.wikipedia.org+5
  Dynamic Heating and Cooling+5
  Reddit+5
• Canada Greener Homes Grant: supports pre‑audit and insulation/heat pumps/windows
  • CoolSaver: instant discounts for AC tune‑ups and replacements in eligible areas
    Toronto Hydro
  • Energy Affordability Program: low‑income households get free smart thermostats, LED bulbs, insulation, etc.
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    ClimateCare+1
• Municipal: City of Toronto’s Eco‑Roof Incentive (cool/green roofs) and the Energy Retrofit Loan Program for low‑interest funding on HVAC/solar upgrades

By combining smart products like high-efficiency heat pumps and smart ceiling fans with powerful Ontario and federal rebates, you can significantly reduce summer cooling costs and create a more comfortable, greener home. Listen, act early—many programs have limited funds!

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In this episode of Building Wealth Through Real Estate, Brick by Brick, I break down the major difference between 2 of Canada’s key homebuyer incentives: the longstanding HST New Housing Rebate and the brand new GST rebate designed specifically for First-Time Home Buyers (FTHBs).

Ciao! Welcome to a new episode of Building Wealth Through Real Estate...Brick by Brick with me, Nico James-Bock, Founder of The CondoWiz™ Group and Broker at Keller Williams Co-Elevation Realty in Toronto.

You’ll learn:

• How each rebate works, and who qualifies
• Why first-time buyers can now save up to $63,000 by stacking both rebates
• What these changes mean for developers, agents, and investors
• How to guide your clients (or yourself) to take full advantage of both opportunities

This is essential listening for anyone involved in buying or selling new construction homes in Canada — especially in high-demand markets like the GTHA.

🎧 Tune in and get ahead of the curve!

Ciao ciao

Support the show

Helping you increase wealth through #realestate

Book a time for a quick 15min Chat - Discovery: https://calendly.com/thecondowiz/15min
Social:
https://linktr.ee/nicojamesbock

Ciao! Welcome to a new episode of Building Wealth Through Real Estate...Brick by Brick with me, Nico James-Bock, Founder of The CondoWiz™ Group and Broker at Keller Williams Co-Elevation Realty in Toronto.

In this episode, I unpack the June 2025 real estate market stats, revealing a surprising mix of resilience and opportunity amid political uncertainty, rising crime, and record-high housing inventory. From a sharp drop in condo prices to a five-month rebound in sales, listeners will learn how market sentiment is shifting—and why now might be the smartest time to act as a buyer. With key insights on immigration trends, insurance spikes, interest rate forecasts, and emerging hotspots like Alberta, this episode delivers the full story behind the headlines—and the strategies that matter most for buyers, sellers, and investors alike. Don’t miss the expert analysis that ties it all together.

Summary:

1. Home prices declined: The GTA’s HPI dropped 5.5% YoY and average prices fell to $1.1M.
2. Sales rebounded MoM: June marked a five-month high with 5,068 sales (+8.1% MoM).
3. Buyer's market confirmed: Inventory levels—especially in resale condos (>5 months) and new builds (exceed 17 months of inventory!!!). Now is the time to BUY BUY BUY. Be tight with prices and exercise patience if selling (Avg DOM 42).
4. Condos under pressure: High completions and low demand are leaving units unsold longer (42 days avg.).
5. Crime impacting sentiment: Rising violent crime and carjackings are driving caution and hurting demand.
6. Insurance costs surge: Home premiums in Ontario rose 84% in the last decade due to climate/flood risk.
7. Net migration shifts: Ontario is losing people to provinces like Alberta due to high costs and policies.
8. Immigration slowing: Canada’s Q1 2025 PR intake was the lowest in four years, though Ontario still leads.
9. BoC rate outlook: Key interest rate is 2.75%; may drop to 2.25% by year-end pending economic data.
10. Affordability improving: Lower prices (because of adjustments/incentives) and rates are helping buyers—especially those ready to act now. BUY BUY BUY.

Upcoming Seminars:

Smart Moves: Rightsizing in Today's Real Estate Market:

👉🏼RSVP - July 23, 2025 7:00pm Liberty Village

👉🏼RSVP - July 30, 2025 7:00pm Kipling/Bloor - Etobicoke Junction

Ciao ciao

Support the show

Helping you increase wealth through #realestate

Book a time for a quick 15min Chat - Discovery: https://calendly.com/thecondowiz/15min
Social:
https://linktr.ee/nicojamesbock