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…
Tag: investors
463 Danforth Ave – Commercial Property For Sale
Overview: 463 Danforth Ave is a fantastic turnkey investment property with over 4000 sq. ft. of space, two reliable long-term tenants, and an unbeatable location in Toronto’s Greektown neighbourhood. Address: 463 Danforth Ave,Toronto ON, M4K1P1 Neighbourhood: Greektown # of Storeys: 2 Total Area: 2,827 sq. ft. Main Floor: 1228 sq. ft. Second Floor: 1599 sq. ft. Below Grade Floor: 1202…
How to Buy & Sell Real Estate in the Age of COVID-19
Overview: advice for buying and selling real estate during the COVID-19 crisis, including a look at the tools and strategies realtors can employ to ensure safe, successful transactions. COVID-19 has disrupted everything—from the monumental, such as our jobs and social lives, to the minute, like getting a haircut. Real estate is no exception. On March 21st, The Ontario Real Estate…
2020 Spring Market Forecast: What’s In Store for Toronto?
Overview: an in-depth look at Toronto’s upcoming 2020 spring market, including the impact of the coronavirus and economic uncertainty on buying and selling real estate. In our last spring market blog, we correctly predicted that “Toronto’s housing market is ready for another strong season.” February saw a 16.7% increase in average home prices across the GTA and sales were up…
March 2020 Interest Rate Cuts: Everything You Need To Know
Overview: a look at the Bank of Canada’s March 2020 interest rate cuts and their impact on Toronto’s housing market, including mortgages, buying and selling property, and the future of Toronto real estate. These two cuts, coming within days of each other, mark the biggest rate cuts since 2009—and the first in almost 5 years. Shortly afterwards, Canada’s major banks…
2020 Toronto Housing Market: What To Expect
Now that the latest figures are in, we have a clear answer to the question: how did the market perform last year? According to the Toronto Real Estate Board (TREB): Total sales for calendar year 2019 amounted to 87,825 – up by 12.6 per cent compared to the decade low 78,015 sales reported in 2018. In other words, 2019 was…
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…
1 Bloor St. East, Unit 5810 – 1 Bed, 2 Baths + Den – For Lease
Building Details: Address: 1 Bloor Street East – Unit 5810, Toronto, ON M4W1A9 Neighbourhood: Yonge & Bloor Developer: Great Gulf Architect: Hariri Pontarini Architects Interior Designer: Cecconi Simone Year Built: 2016 # of Units: 789 Parking: Underground (1 unit) Square Footage: 744 sq. ft. Rooms: 1 Bedroom, 2 Baths + Den Price: $3,250 per month Agent: Wins Lai, Living Realty…
65 St Mary Street Unit 1502 – 2 Bedrooms + 2 Washrooms – For Sale
Building Name: U Condominiums (East Tower) Address: 65 St Mary Street – Unit 1502, Toronto ON, M5S0A6 Neighbourhood: Bay Street Corridor Developer: Pemberton Group Architect: Architects Alliance Interior Design: Kantelberg Design Property Manager: Shelter Canada Properties Year Built: 2015 # of Units: 440 # of Storeys: 55 Parking: Underground (1 space) Locker: Owned Size: 896 sq. ft. interior + 277…
642 Queen St W – Hair Salon For Sale + Retail Unit For Lease
642 Queen St W – Building Details Address: 642 Queen St W, Toronto ON, M6J1E4 Neighbourhood: Queen Street West Retail Area: 820 sq. ft. List Price: $31,500 Lease Price: $2,900 per month + TMI Agent: Wins Lai, Living Realty Inc., Brokerage 642 Queen Street West – Property Details Dream of starting your own hair salon? Then 642 Queen Street West…
Benchmark Interest Rate: 2018-2019 Overview
The Decision Not To Raise Rates Steady as she goes. That seems to be the Bank Of Canada’s motto as, for the first time in over a year, it’s keeping the benchmark interest rate unchanged. In fact, since June 2017 both the central and chartered banks have hiked their rates a total of 5 times, the last occasion being October.…
Toronto’s Winter Housing Market 2019 Overview
Winter might not seem like the best time to buy or sell property, but the facts say otherwise. According to The Daily Hive, Toronto’s current housing market can be considered “Balanced” with a Sales-To-New-Listings-Ratio (SNLR) of 57%. That means it’s a great time for both buyers and sellers to get in on the action. Let’s take a closer look at…
Top 10 Things To Do In Toronto’s East End
Toronto’s East End is youthful yet sophisticated, family-friendly but never boring. In fact, there’s always something to see, do, eat and explore… So without further ado, here are the Top 10 Things you can do in Toronto’s East End. #1. Sightseeing In The East End: The Broadview Hotel Riverdale is home to some beautiful Victorian and Edwardian architecture, and none…
Cannabis: The Impact of Legalization On Toronto Real Estate
Pot is now legal in Canada, and with its legalization comes new challenges and regulations. So what exactly are the rules? And how do they affect you as a homeowner, landlord, renter or buyer? Let’s explore this brave new world of cannabis and real estate…. Pot: What’s Legal & What’s Not Here’s a breakdown of what you can and can’t…
Riverdale Toronto: The Perfect Family-Friendly Neighbourhood
Why are property values suddenly skyrocketing in Riverdale Toronto? Because bright young professionals and their families love the area, drawn to its diverse population, incredible food, excellent schools, and beautiful green-spaces. The neighbourhood has a reputation for being family-friendly, and as a result, more and more people are moving in. Let’s look at what makes Riverdale so attractive to parents….…