Toronto condo prices might hit a ceiling soon. When Toronto’s market began correcting in 2017, it appeared someone forgot to tell the condo market. Sales and prices soldiered on upwards, while the low-rise market languished — but the soaring performance of the high-rise segment could be winding down, suggests realtor John Pasalis. Pasalis, whose research […]
The First-Time Home Buyer Incentive (the Incentive) helps qualified first-time homebuyers reduce their monthly mortgage carrying costs without adding to their financial burdens. You need to have the minimum down payment to be eligible. You can then apply for a 5% or 10% shared equity mortgage with the Government of Canada. Your maximum qualifying income […]
Picture-perfect skies served as the backdrop to this week’s special event and launch of the residential condominium component at The Well by Tridel. Situated on the northwest corner of Front Street West and Spadina Avenue, The Well is a master-planned community now under construction that will transform the former Globe & Mail site with a […]
It doesn’t look like underlying demand for Toronto housing is relenting, as the city is the fastest growing in not just Canada but the US as well. Experts often talk about population growth as a fundamental driver of housing demand, and new analysis from Ryerson’s Centre for Urban Research and Land Development puts Toronto’s in […]
Following last month’s explosion in search and purchase requests from Toronto condo buyers, GTA new home and condo sales are up 120 % from April of 2018. According to Altus, high-rise condo sales are up 137% from April 2018, as well as low-rise sales, up 81%. Considering, April’s increases in both purchase requests and sales, […]
CHICAGO — Cabrini-Green, the Robert Taylor Homes: demolished years ago, Chicago’s most notorious projects continue to haunt the city, conjuring up the troubled legacy of postwar public housing in America. By the 1970s, Washington wanted out of the public housing business, politicians blaming the system’s ills on poor residents and tower-in-the-park-style architecture, channeling tax breaks […]
For many prospective homebuyers who want something brand new or need more time to save money, preconstruction condominiums present a tempting opportunity. But buying a preconstruction condo rather than an existing unit comes with risks, including the rare case of a builder scrapping the project entirely, and experts say there’s no way for buyers to […]
Connectivity is expected to be a growing trend in the future. And, not just in your home, but also in your surroundings There’s been a lot of hype about the next-generation urban lifestyle in a fully integrated, tech-saturated world. It’s a life where phones and sensors manage everything from music and appliances, control sidewalk temperatures, […]
One of the Best Toronto neighborhood, here is why ; The Bloor-Yorkville node has experienced explosive residential intensification, with 33 condominium projects in various stages of development totaling more than 9,500 units. With an average sale price of $1,557 per sq. ft., these projects are set to infuse a distinctly refined consumer into the node […]
Condo living is supposed to be simple. So you can imagine the shock of some Mississauga condo owners when they moved into their units and discovered that something simple was missing: None of the units in the 35 storey building had been equipped with a bathroom. In his interview with This is That, developer Jordan […]
The new mortgage rules have redirected Toronto’s would-be low-rise home buyers to the condo market, driving up prices and, in the process, deterring condo investors from purchasing units renters desperately rely on. The B-20 mortgage rule stipulating stringent stress testing, even for insured mortgages, has drastically reduced purchasing power, and house hunters have reasoned affording […]
Busy lives and the changing trends in how we get around is driving greater demand for homes close to good transit links. In a new survey released Tuesday, 28% of ‘modern family’ homeowners in major Canadian metros said that transit-friendliness is one of their top 3 homebuying criteria. Sotheby’s International Realty Canada and Mustel Group’s […]
Church – Yonge Corridor Downtown Toronto 1st Quarter 2019 2018 Difference Sales 139 152 – 9% Average Original Listing Price $728,455 $570,989 + 28% Average Sold Price $737,963 $571,267 + 29% Days on Market 22 6 + 331% Downtown Toronto’s Church – Yonge Corridor condo market showed a very strong price increase in the 1st […]
Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Mizrahi Developments to build a 160-room luxury Andaz hotel at the prestigious address of One Bloor Street West in Toronto, Ontario, Canada. Slated to open in 2022, the first Andaz hotel in Toronto will be the hotel […]
Mouth-watering baked on-premise pies, authentic hand-made Italian pasta, charcuterie boards, fresh fish, gourmet chips, sweet-whiskey pork ribs. All of this (with a dash of healthy options, if that’s your vibe) can be found in the heart of one of the GTA’s biggest cities, Mississauga. While Toronto has always had the most diverse food scene in […]
The Royal Ontario Museum (ROM) is offering Torontonians the perfect reason to ditch their regular Monday night plans. Starting Monday, April 15, the museum will be offering free admission to all visitors, every third Monday evening of the month. On 3rd Monday Nights Free, ROM guests will be able to explore the museum’s galleries and […]
If you’ve ever wanted to visit the clear blue waters of Bruce Peninsula National Park during the summer, but don’t want to spend nearly four hours driving, we’ve got some good news for you. Starting in May, you’ll be able to fly directly from downtown Toronto with FLYGTA directly to Wiarton Keppel International Airport, which […]
With soaring real estate prices within the City of Toronto, many are looking just outside of the city to buy property. And for commuters, being close to a GO Transit station ranges from added bonus to downright necessary. Real estate website Zoocasa collected the average 2018 sold prices for homes within a 2 km radius […]
Maziar Moini, Broker of Record - Home Leader Realty Inc.
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