Small Business Review

I was helping a client review a business listed at $134,000. On paper, it looked great — about $40,000 a month in sales. But once we dug into the financials, the high wages and operating costs pushed it into a loss of nearly $50,000 a year.

For my client, who wants a more hands-free investment, it wasn’t the right fit. But for someone more hands-on — willing to rebrand, streamline operations, or pivot the concept — it could be a turnaround opportunity.

The key takeaway: whether it’s real estate or buying a business, you’ve got to look behind the numbers. Gross sales don’t tell the story — the net does.

723 Drury Lane, Burlington

Market Update - August 2025

Here’s your boots-on-the-ground GTA market update 👇

The average home price right now is about $969,000, down just over 5% from last year. Detached houses are around $1.18M, and condos are averaging $571,000 — both trending lower year-over-year.

Inventory’s building: almost 27,500 homes are on the market, which is over 20% more than last year. New listings are up about 12%, and the sales-to-new-listings ratio has slipped to 37% — that’s a clear buyer’s market.

Homes are also taking longer to sell, with the average days on market now closer to 49 days.

So what does this mean? Buyers have leverage — more choice, more negotiating power. Sellers? It’s not just about listing — it’s about standing out. The winners are strategic; everyone else waits.”

Who you work with matters.