Overview: a look at the current buyers market and why now is the perfect time to invest in Toronto real estate. According to blogTO: With 4,539 new builds sold in the area, last month marked a shocking 217 per cent increase from August 2019, with numbers 119 per cent higher than the 10-year average. But it’s not just the sheer…
Tag: housing market
August 2020 Housing Market Report: The Hot Streak Continues
Overview: a look at the GTA’s August 2020 Housing Market numbers, with insights on home prices and listings, detached home vs condo sales, the ongoing impacts of COVID-19, and more. Our last market report examined Toronto’s record recovery and ended with the following statement: If the July 2020 Housing Market numbers have one clear message, it’s that Toronto real estate…
July 2020 Housing Market: Toronto’s Record Recovery
Overview: an in-depth look at July 2020 Housing Market and the dependability of Toronto real estate, including record-setting home prices, sales and new listings—despite the COVID-19 pandemic. In our 2020 Spring Market Forecast—at the height of the pandemic—we asked a simple question: Is Toronto real estate immune from economic uncertainty and health panics? It turns out the GTA housing market…
GTA Housing Market Report: November 2019
Overview: a look at the November 2019 GTA Housing Market Report, including sales figures, price changes, house and condo sales, the new sellers’ market, and the overall state of the GTA real estate market. The November 2019 GTA Market Report is in, and like last month’s report, the numbers are very optimistic. Once again, the GTA housing market is on…
Toronto and GTA Summer Housing Market Overview 2018
The state of Toronto’s condo market for summer 2018 is hot. And, like summer, it’s only going to get hotter…. Some quick (yet revealing) facts: The average price of a downtown condo is currently $673,537 The average days on market for a downtown condo is 16 Overall sales prices have increased 2% year-over-year to $807,871 While detached home prices plummeted…
70 Temperance Street Unit 2407 – 1 Bed, 1 Bath + Den – Leased
Address: 70 Temperance Street – Unit 2407, Toronto, ON M5H4E9 Neighbourhood: Bay & Adelaide (Financial District) Builder: Lifetime Developments Architect: Page + Steele Interior Designer: Cecconi Simone Year Completed: 2015 # of Units: 798 Square Footage: 575 sq. ft. Rooms: 1 Bedroom, 1 Bath + Den Leased: $2,250 per month Agent: Wins Lai, Living Realty Inc., Brokerage Building Details 70 Temperance…
357 King West – Entertainment District – Toronto
357 King West – Building Details Status: Preconstruction Estimated Completion Date: 2022 Builder: Great Gulf Homes Architect: Quandrangle Interior Designer: Figure3 Address: 357 King St W, Toronto, ON M5V 1K1 Neighbourhood: The Entertainment District Agent: Wins Lai, Living Realty Inc., Brokerage Price: Starting at high $400,000’s About This Project: 357 King West is a new condo project by Great Gulf…
Top 5 Toronto Neighbourhoods to Buy Real Estate in 2018
What does 2018 have in store for Toronto real estate? Here are the 5 most popular neighbourhoods to watch out for in 2018. Yonge and Bloor Bloor and Yonge is perhaps the most famous intersection in all of Toronto. And for good reason. It’s the fashion hub of the city, featuring such designer brands as Gucci, Prada, Nordstrom, Tiffany, and…
400 Adelaide Street East Unit 704 – Leased – $2,900 a month
Address: 400 Adelaide Street East – Unit 704, Toronto, ON M5A1N4 Neighbourhood: Distillery District – Old Town, Toronto Agent: Wins Lai, Living Realty Inc., Brokerage Leased: $2,900 per month Building Details 400 Adelaide Street East is located in beautiful Old Town, Toronto. This historically rich area is home to gorgeous 18th-century buildings, famous landmarks, and cultural icons, such as…
1 Bloor Street East – Unit 4905 – 1 Bed, 1 Bath + Den – Sold – $1,000,000
Address: 1 Bloor Street East – Unit 4905, Toronto, ON M4W1A9 Neighbourhood: Yonge & Bloor Agent: Wins Lai, Living Realty Inc., Brokerage Sold: $1,000,000 Square Footage: 744 sq. ft. 1 Bedroom + den with Parking and Locker Building Details When it comes to luxury living, it’s hard to beat 1 Bloor Street East. The condo is a marvel of modern…
21 Nelson Street Unit 402 – Entertainment District – Leased
Building Details 21 Nelson Street is a stunning boutique condo located in the most exciting part of Toronto: the entertainment district. The unit has a split layout and comes with 2 beautiful bedrooms, 2 baths, and unforgettable south-side views of the CN Tower. Neighbourhood: Entertainment District – King Street West Agent: Wins Lai, Living Realty Inc., Brokerage Leased:…
The Well Condos in Toronto’s Fashion District
The Well Condos – Building Details Status: Preconstruction Builder: Tridel , Rhapsody Property Management Services , RioCan , Diamondcorp and Allied Properties Address: 444 Front Street West, Toronto, M5V2S9 Neighbourhood: The Fashion District Agent: Wins Lai, Living Realty Inc., Brokerage Price: TBA About This Project: The Well Condos is an exciting mixed-use…
Theatre District Tower Condo – Entertainment District
Theatre District Tower – Building Details Status: Preconstruction Address: 30 Widmer Street, Toronto, M5V2E7 Neighbourhood: Entertainment District Agent: Wins Lai, Living Realty Inc., Brokerage Price: TBA About This Project: The Theatre District Tower is currently in preconstruction and is expected to open its doors in 2020. The building will rise 47…
NEW MORTGAGE RULES & TAX REBATES FOR FIRST-TIME HOME BUYERS
About Toronto’s New Mortgage Rules: Starting January 1st, 2018, Canada’s new housing laws will go into effect, making it harder to qualify for mortgages. Under the new rules, uninsured mortgages (ones that need a 20% or higher down payment), now have to pass a so-called “stress test.” The stress test says if you’re buying or refinancing…
Toronto Offers Tax Rebates To Chinese & Hong Kong Home Buyers
About Toronto’s Tax Rebates: Are you from China or Hong Kong and want to buy a home in Toronto? If so, then you need to know about the Non-Resident Speculation Tax (NRST). What is the NRST, and who does it affect? Also called the “Foreign Home Buyer Tax,” the NRST is a 15% tax on all residential…