A MORE COMPETITIVE MAY: WHAT’S HAPPENING IN TORONTO’S REAL ESTATE MARKET
Toronto’s May housing market wasn’t full of big surprises. However, there were some relatively small (but still noteworthy) developments. Sales and home prices were down year-over-year, reflecting the unusual market conditions of 2017 and the impact of recent stress tests. That said, there were indications of increased competition, which is expected to lead to price […]
Your Guide to Rosedale
It’s fitting that an area as picturesque as Rosedale Toronto was named after wild roses, which once grew around the estate of one of its most notable residents. Settled in 1820, this upscale neighbourhood is one of the oldest suburbs in Toronto. Distinguished by lush greenery and gorgeous period homes, Rosedale is home to many […]
Best Patios in Toronto to Grab a Drink: Summer 2018
Want to discover the best patios in Toronto to grab a drink? Ah, springtime. With this year’s late arrival of the season, Torontonians have been simply adoring the outdoors ever since it dawned upon them. Toronto is a city that truly comes alive in the warmer months. With a wide variety of street festivals, outdoor […]
A STABLE APRIL: WHAT’S HAPPENING IN THE TORONTO HOUSING MARKET
Toronto’s market showed significant signs of stabilizing this April. On the one hand, Toronto Real Estate Board (TREB) numbers were once again down on a year-over-year basis. On the other, the drop in month-over-month numbers wasn’t as steep as it was earlier this year—an encouraging development. Here’s what’s really going on. Making sense of […]
What to Look for When Buying a Penthouse?
Have you ever noticed that penthouses are always in demand? If you’re looking at buying a penthouse, it’s hard to go wrong with these exclusive units. Still, you want to ensure that you get the highest possible return on your investment (ROI). That’s why it pays to look for the right penthouse. What does the […]
A Restrained March: What’s Happening in the Toronto Housing Market
“Restrained” is a good word to describe the March market. We saw many buyers holding off on making purchases due in large part to the OFSI’s stress tests and higher borrowing costs. The number of transactions reported through TREB’s MLS System dropped by 39.5 per cent from March, 2017. Tellingly, sales were also down 17.6 […]
The Timeline For Toronto Luxury Pre-Construction Condos
If you’re looking for a luxury condo in Toronto, you have a lot of options. But pre-construction is the only way to go if you want to customize your investment from the ground up. There are many benefits to going the pre-con route, but there’s also a major drawback: you can’t take ownership right away. […]
What Luxury Buyers Need to Know About Condo Fees
If you’re in the luxury condo market, you’re probably looking for a unit that provides superior comfort and aesthetic beauty—all in the middle of a vibrant neighbourhood. Properties that fit this description aren’t just great places to live, they’re also great investments. But they typically come with higher-than-average maintenance and condo fees. In addition to having a direct financial impact on you, these fees can affect your property values. That’s why it’s important to understand […]
The Calm Before the Spring: What’s Happening in Toronto’s Market?
Forecasts Were in the Right Ballpark “When TREB released its Outlook for 2018, the forecast anticipated a slow start to the year compared to the historically high sales count reported in the winter and early spring of 2017,” says Tim Syrianos, the Toronto Real Estate Board President. These forecasts were right on cue. This February, sales activity was relatively slow. With […]
Need To Know: Buying A Second Investment Property
Investing and building wealth is important, but how do you know when to bolster your portfolio? Buying a second investment property can be a great way to build on success and grow your finances in one fell swoop. So, what do you need to know about it? Ready to start buying a second investment property? […]