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? […]
An Indicative January: What’s Happening in Toronto’s Market?
2017’s record-breaking January stays on top This January was nothing to sneeze at – but it wasn’t quite enough to unseat 2017’s January as one of the busiest sales months ever. That isn’t to say that this January had nothing going for it. More than 8,500 new listings were added to MLS last month. That’s […]
Luxury 101: Defining High-End Real Estate Terms
Feel like your real estate vocabulary could use a boost? There’s plenty of real estate jargon out there, but which words carry the most meaning? Specifically, which of these real estate definitions apply best to the world of luxury real estate? Here are 7 luxury terms that you need to know more about… 1. Private […]
The Best Condo Buildings Coming in 2018
Toronto’s condo market is constantly growing, featuring buildings with modern designs, exciting amenities, and luxurious finishes. If you have been looking to purchase or invest in 2018, you’ve picked the right time to start. Here are Toronto’s best condo buildings set to be available for occupancy in 2018… The Eglinton Condos Price Range: $300,000 – […]