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Snazzy Updated Suite In An Iconic Building, Minutes From The Lake
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Downtown Toronto Lifestyle and Market News
January Delivered Near-Record Y-O-Y Appreciation
In January sales were up 15.3% compared to last year with 4,581 houses and condominiums changing hands in all the districts. Condo townhouse and high-rise suite sales were up by 13.8% with a 38.3% share of the market and 1,753 units being sold. The January average sale price for all GTA homes came in at $839,363, up 12.3% from one yea...
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Take Advantage of Your Home Equity: A Homeowner’s Guide
Homeownership offers many advantages over renting, including a stable living environment, predictable monthly payments, and the freedom to make modifications. Neighbourhoods with high rates of homeownership have less crime and more civic engagement. Additionally, studies show that homeowners are happier and healthier than renters, and their...
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We Might See These Typical Clauses In Any Condo Offer
Although almost any clause can be added to an Agreement of Purchase And Sale, there are several standard clauses we typically encounter that you should know about. It’s best to discuss these with your Realtor ahead of time so there’s no misunderstanding or confusion about them when it’s time to review an offer (or of...
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Avoid These Six Common Rent Collection & Eviction Mistakes
There’s not a landlord who’s been in business for long who hasn’t had a tenant fail to pay on time — or at all. When it happens, the speed and consistency of the landlord’s response will statistically dictate their success. There are really only two types of actions a landlord can pursue: chasing the tenant for ...
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The YEAR of the comeback.
In December sales were up 16.3% compared to last year with 4,399 houses and condominiums changing hands in all the districts. Condo townhouse and high-rise suite sales were up by 6.8% with a 36.1% share of the market and 1,590 units being sold. The December average sale price for all GTA homes came in at $837,788, up 11.8% from one ye...
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2020 Outlook: Real Estate Market Forecast
After a two year slump, the future's looking bright again for Canadian real estate. Economists expect positive growth in the national housing market in 2020, supported by low mortgage rates, a solid job market, and a rising population. In fact, in a recent report, RBC Economics called 2019 a “turning point for Canada’s housin...
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Choosing The Right Professional Agent Is Not Easy
The Toronto Real Estate Board now has well over 50,000 licensed Realtors registered to work in the GTA area. Of those, 78% sell less than 6 homes per year and almost 50% don’t even sell 3 homes annually. Many of those agents are working at a full-time job for their income and try to do their real estate business on the side, part...
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Why Meet With An Agent Before Starting Your Home Search?
One of the things that most agents do when you first contact them is to ask you a few questions over the telephone such as what are you looking for, how many bedrooms and bathrooms and what neighbourhoods were you thinking of? Then they will just throw you in their car, take you around and tour you through a bunch of homes. More often ...
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Critical... Order The Condominium Status Certificate Immediately
The condo Status Certificate give the buyer a snapshot of how well your condo corporation is being run. It tells us how much money is in the reserve fund, if there are any special assessments contemplated or pending and it includes copies of the building financial statements, budget and the rules and regulations governing the owners an...
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GTA market recovers with highest November appreciation rate
In November sales were up 13.7% compared to last year with 7,090 houses and condominiums changing hands in all the districts. Condo townhouse and high-rise suite sales were stable with a 34.5% share of the market and 2,449 units being sold, a moderate 3.6% increase from 2018. The November average sale price for all GTA homes came in a...
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