Category: Uncategorized
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Check out my listing Address: 5001 – 501 YONGE STREET
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Toronto’s Spring Favours Homebuyers With Falling Prices | Watch Today’s Real Estate Updates & Tips
Early-Q2 saw a rise in listings, which experienced a shortage of homes for sale leading to a short-term price surge. The number of properties for sale ↑ 47% yearly.
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Record Number of Condos for Sale in the Toronto Area
In May, Toronto had a record number of condominium listings due to investors selling off properties. High interest rates, declining rents, and upcoming condo completions have reduced investor optimism. Condo prices have plateaued recently. House prices and sales were down, with an increase in listings. Regional trends show declines in sales and prices for both…
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Toronto Housing Market Faces Decline As Prices Hit New High
Greater Toronto area home sales declined for the fourth consecutive month in May, with prices increasing slightly. New listings rose, but year-over-year figures show a significant drop in sales and prices. The Bank of Canada's high rates are impacting buyer affordability, with potential rate cuts expected to improve the situation. Continue to full article
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Toronto Vacant Home Tax Rollout Issues | Watch Today’s Real Estate Updates & Tips
The vacant home tax, initiated in late 2021, aims at unoccupied properties, prompting owners to sell or rent; declarations were required before a set deadline. Administration issues with the program emerged in early 2024, prompting an extension of the declaration deadline from February.
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Toronto is catching up with Vancouver as Canada’s most expensive place to rent
The cost of living in Toronto remains high for both owners and renters, with rent prices increasing. The median cost for a one-bedroom unit is now $2,500 and for a two-bedroom unit is $3,200. Rent prices in Vancouver and Burnaby have also risen, but overall, the rental market nationwide is expected to be cooler than…
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New Listing: 5009 – 501 YONGE STREET
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Toronto Vacant Home Tax: Relief and Resolution | Watch Today’s Real Estate Updates & Tips
Tens of thousands of Toronto residents are facing vacant home tax bills despite their properties being occupied.Several residents express a desire for clearer communication from the city regarding the declaration deadline.
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Happy Father’s Day | Watch Today’s Real Estate Updates & Tips
Approximately 2.5 billion Father's Day cards are sent each year. Neckties have become a popular traditional gift for Father's Day. "World's Greatest Dad" is a popular Father's Day phrase. Breakfast in bed is a common Father's Day treat. Wishing a fantastic Father's Day to all the dads who strive to be the best versions of…
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Here’s how much it really costs to own home in Toronto
Buying a home in Toronto is costly, with average prices above $1 million. Besides mortgage rates, other monthly expenses like property tax, insurance, utilities, and an emergency fund impact homeownership costs. Maintaining an emergency fund and comprehensive insurance is crucial due to climate-related risks. Shopping around for the best mortgage rate and insurance policy can…