Despite starting off 2020 with a worldwide pandemic, Toronto’s housing market has been on the rise, especially as of late. Everyone who is looking to purchase or invest has been trying to predict the next city where the housing market will grow. I’m here to tell you that the next hot area is Vaughan City. […]
First-time buyers will be permitted to borrow up to $35,000 from their RRSPs, up from $25,000, the limit set 10 years ago, Finance Minister Bill Morneau announced in Tuesday’s federal budget. As the centrepiece of its budget plan to boost home ownership, the Liberal government also launched a new shared equity mortgage plan to benefit […]
A 10-storey residential building on Danforth Ave. has been scrapped by DIAM Developments “due to unforeseen circumstances outside of DIAM’s control,” the Toronto Star reports. The On the Danforth project sold all of its 135 units nearly three years ago, and on Tuesday, buyers received a letter informing them that their deposits would be refunded. […]
You must have heard the news regarding Justin Trudeau’s new upcoming program that offers incentives to first-home buyers. Here are our thoughts and analysis on the topic. Tell us what you think! The new policy initiated would mean that the most expensive homes Canadians would be able to buy through this program would be worth […]
After taking a look at various cities globally for my family, I’ve decided to share some of my thoughts. In this post, I’m going to be comparing the prices of real estate in Toronto with Manchester, London, Vancouver, Montreal, and Hong Kong. London Prices in London Zone 1 — going for £2000 per square foot. […]
We’ve all heard the news — there is an increase in the number of pre-construction projects being cancelled. Why is that? In today’s blog post, I will be talking about this issue and delve into the reasons why this situation is arising more frequently than we would like. Half a year ago, I spoke with […]
A couple of weeks ago, I hosted a seminar in Vancouver to educate the locals about the real estate market in Toronto. I had the opportunity to speak with various seasoned real estate investors and agents. One thing always came up — the fact that the Vancouver real estate boom is coming to an end, […]
Major cities are starting to become increasingly un-affordable. This is apparent with Toronto and Montreal. As a result, many choose to move to slightly more suburban areas due to the affordability of it. The rental prices are skyrocketing in Downtown Toronto – so that move is not only understandable, but wise. This is a common […]
A resident was brought to court by the City of Markham for cutting 3 trees illegally. Eventually, she pleaded guilty and paid a fine of C$4,500 to the court, and at the same time, she had to donate C$45,000 to the “Future Tree” project by City of Markham. It comes to a total cost of […]
