TORONTO REAL ESTATE NEWS | OCTOBER 2020 MARKET REPORT

By |November 9th, 2020|Financial, Neighborhood, Resale Condos, Selling, Toronto Central, Toronto Condos, Toronto East End, Toronto Houses, Toronto Market, Toronto West End|

Home sales in the Greater Toronto Area (GTA) were up again year-over-year for the fourth month in a row. Sales through TRREB’s MLS® System by Greater Toronto Area REALTORS® amounted to 10,563, up 25.1% compared to October 2019

9 BEST SPOTS TO TAKE INSTAGRAM PHOTOS WHEN YOU MOVE TO TORONTO

By |September 15th, 2020|Buying, Neighborhood, Toronto Central, Toronto Condos, Toronto Lifestyle, Toronto Market, Toronto Restaurants, Toronto West End, Uncategorized|

Toronto is the perfect place to capture unique and aesthetically pleasing shots for your Instagram feed. With a variety of beaches, murals, architecture and graffiti, you are guaranteed to boost those likes. Below we list 9 of our favourite spots to do so.

WHAT IS INTERIM OCCUPANCY WHEN BUYING A PRE-CONSTRUCTION CONDO?

By |July 23rd, 2020|Buying, Financial, First-Time Buyer, Investing, Neighborhood, News, Pre-Construction, Pre-Construction Condos, Pre-construction Investing, Rental, Resale Condos, Selling, Toronto Central, Toronto Condos, Toronto Developments, Toronto East End, Toronto Market|

Buying a pre-construction condo is a different process than purchasing a re-sale unit in Toronto. With a pre-construction condo, there are many phases that take place before the condo is ready for its residents. One of these phases is interim occupancy. Interim occupancy is a temporary phase in the pre-construction buying process that comes just before final closing.

RECORD LOW RENT PRICES IN TORONTO CONTINUE TO DECLINE

By |July 20th, 2020|Buying, Financial, First-Time Buyer, Neighborhood, News, Real Estate Agent Toronto, Rental, Toronto Central, Toronto Condos, Toronto Developments, Toronto East End, Toronto Houses, Toronto Market, Toronto West End|

Low rent prices in Toronto continue to see a downward trend while average home prices hit an all-time high.

HIDDEN OR UNEXPECTED COSTS – FINANCIALLY PLANNING AS A FIRST-TIME HOME BUYER

By |July 14th, 2020|Buying, Financial, First-Time Buyer, Governments, News, Real Estate Agent Toronto, Toronto Central, Toronto Condos, Toronto Developments, Toronto Market|

Smart budgeting is imperative when you are looking to buy your first home. Planning ahead of time ensures that financial bumps will not detour your home ownership plans.

BUYING A SECOND PROPERTY IN ONTARIO – THE PROCESS AND THINGS TO CONSIDER

By |June 23rd, 2020|Buying, Cottage Ontario, Investing, Neighborhood, Pre-Construction, Real Estate Agent Toronto, Real Estate Tips, Rental, Resale Condos, Toronto Central, Toronto Condos, Toronto Developments, Toronto Market|

Over the last decade, buying a second property has become much more popular for middle-class Canadians. Purchasing a second property is a decision that requires thoughtful planning to figure out if it is a viable option for you. Whether it is an investment property, vacation home or cottage - the epitome of the “Canadian dream”, it is important to understand what purpose your second property will serve.

FIRST TIME HOME BUYER INCENTIVE – IS IT A GOOD DEAL?

By |June 18th, 2020|Buying, First-Time Buyer, Governments, News, Real Estate Agent Toronto, Real Estate Tips, Toronto Central, Toronto Condos, Toronto Developments, Toronto East End, Toronto Houses, Toronto Market, Toronto West End|

The First-Time Home Buyer Incentive is geared towards middle-class first-time home buyers. It is designed to help you buy a home and lower your monthly mortgage payments. It is a shared-equity mortgage with the government, meaning that the government shares in the upside and downside of the property value.

CMHC ANNOUNCES NEW INSURANCE CRITERIA FOR CANADIAN HOME BUYERS EFFECTIVE JULY 1, 2020

By |June 16th, 2020|Buying, Featured Buying, Featured Investing, Featured Selling, First-Time Buyer, News, Real Estate Agent Toronto, Real Estate Tips, Toronto Central, Toronto Condos, Toronto Developments, Toronto East End, Toronto Houses, Toronto Market, Toronto West End|

CMHC, Canada’s largest mortgage insurance company has announced a tighter mortgage borrowing criteria to begin on July 1, 2020.

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