Canada Condos

This May Be Toronto's Last Chance To Score An Iconic City Park

YPNextHome | Posted 08.09.2016 | Canada Living
YPNextHome

Currently, the Toronto Islands, Coronation Park, Trinity Bellwoods or Corktown Common are the only large downtown parks, but really not enough for the explosion of condo units and residents who live and work in the downtown core.

Condo Buyers' Demands Are Changing Like Never Before

YPNextHome | Posted 07.26.2016 | Canada Business
YPNextHome

There's no question condominiums are an increasingly popular housing choice for Canadians for a variety of reasons -- lower costs and prime inner city locations chief among them. But this also means condo buyers' demands are changing like never before.

Selling Off Sacred Algonquin Land For Condos Not 'Reconciliation'

Larry Rousseau | Posted 06.16.2016 | Canada Politics
Larry Rousseau

Either one understands that a people's land is sacred, or one doesn't. If someone wants to make a bundle of profits, no matter how green the project, at least take if off sacred land. The sacred Chaudières site, which has been abused by industry for over a century, is in need of remediation, not redevelopment for private profit.

Will The National Building Code Changes Reduce Noisy Neighbour Complaints?

Steve Titus | Posted 06.13.2016 | Canada Living
Steve Titus

Though these are welcome changes to anyone who has endured noisy neighbours, the changes will not result in an immediate noise reduction for all as they are only applicable to new buildings. If you are facing noisy neighbours, there is some relief for existing multi-unit home owners.

Introducing Micro Units: The Future Of Vancouver Real Estate

Atrina Kouroshnia | Posted 06.10.2016 | Canada British Columbia
Atrina Kouroshnia

Are micro units, small condos and bachelor suites the way of the future; able to douse our city's precariously overheated housing market in a cool shower of affordable, convenient rental units? It seems the question is still up for debate here in the third least affordable housing market on the globe.

Royal Bank Issues A Red Alert Over Canadian Condos

The Huffington Post Canada | Jesse Ferreras | Posted 06.03.2016 | Canada Business

And Toronto, in particular, was singled out for concern.

10 Life Tips To Help Increase Your Housing Budget

The RentSeeker.ca Team | Posted 05.19.2016 | Canada Living
The RentSeeker.ca Team

If you rent, you know how important it is to stretch your monthly budget in order to get a place you love. The line between 'wants and needs' must be clearly drawn, and once you have your budget, it's time to make the most of it. RentSeeker... is here to help you stretch that budget with 10 tips to save you money so you can maximize your housing budget and find an apartment you'll be excited to call home.

Home Office Decor For Tiny Spaces

Inessa Radostin | Posted 06.02.2016 | Canada Living
Inessa Radostin

Recently I have had the pleasure to start working from the comfort of my home and while working in an office environment can be thrilling and stimulating, being able to stay in your pajamas and sweatpants with ketchup stains on them is much more exciting. However, creating a home office space in a small condo is no small task. Here's what the experience has taught me.

Why Student Housing May Be The Next Big Investment Opportunity

YPNextHome | Posted 04.29.2016 | Canada Business
YPNextHome

University and college enrolment is booming across Canada, and post-secondary institutions are scrambling to keep up by expanding existing buildings and opening new satellite campuses. The challenge is that the scholastic expansion doesn't necessarily extend to student residences, which creates a need in the rental market -- and thus an opportunity for investors.

Toronto And Vancouver Condo Markets Show Signs Of Stability

YPNextHome | Posted 04.12.2016 | Canada Business
YPNextHome

Much like last year's Canada Mortgage and Housing Corp.'s condo survey, which showed that investment condos owned by locals in Toronto and Vancouver are a long-term commitment with the objective of generating rental income, this year condominium investors display stable characteristics over time.

Why You Shouldn't Sell Your House In A Bidding War

Nathan Dautovich | Posted 03.21.2016 | Canada Business
Nathan Dautovich

A bidding war is when the seller will list their house at an artificially reduced price, show buyers the house over a period of about a week, and then have an offer date where all interested buyers present their offers. The expectation is that they will sell for well over the asking price, and have multiple buyers bidding against each other.

Are Millennials Choosing To Rent, Or Just Choosing Not To Buy?

YPNextHome | Posted 03.15.2016 | Canada Business
YPNextHome

I admit that sometimes, as a long-term renter, I do think about what it would be like to own a home. But that doesn't mean that I consider renting a stopover before buying. Renting is its own lifestyle and although currently dominated by millennial city dwellers in Toronto and Vancouver, it is not unique to this generation, nor to their respective cities.

NIMBYs Are Hijacking New Developments With Disinformation

Brad Jones | Posted 03.02.2016 | Canada British Columbia
Brad Jones

For new developments being proposed in both Vancouver and Calgary, information is typically put forward by the developer and the city to communities. But now, we're seeing community groups releasing their own information to residents. The motive is to try to increase opposition to the project.

The World's Top 5 Coolest Condos

YPNextHome | Posted 02.22.2016 | Canada Living
YPNextHome

Written by Sonia Bell Some architects go above and beyond to take condominium living to the next level. Due to their unprecedented amenities and t...

10 Beautiful Church Conversions We'd Like to Call Home

YPNextHome | Posted 02.17.2016 | Canada Living
YPNextHome

Canada is known for some of its incredible converted homes, like these converted church lofts (and a couple larger homes) that are just as unique as their infamous partners, but a little more enviable when it comes to real estate.

Buying a Condo? Walk A Little To Save A Lot

Wayne Karl | Posted 01.07.2016 | Canada
Wayne Karl

If you're planning on buying or renting a condo, here's an important lesson: purchase prices and rents will be higher the closer you are to major transit hubs such as subway stations. Sure, it's convenient to be located adjacent to a subway stop, but it'll cost you. How much? You'd be surprised.

Liberals Must Fulfill Promise To Curb Escalating Home Prices

Dan S. Barnabic | Posted 12.22.2015 | Canada Business
Dan S. Barnabic

The Liberal Party promised to "undertake a review of escalating home prices in high-priced markets -- like Vancouver and Toronto -- to determine whether speculation is driving up the cost of housing, and survey the policy tools that could keep home ownership within reach for more Canadians." But this may be one of the first promises to fall by the wayside.

Toronto And Vancouver Real Estate Is Undervalued - Globally Speaking

Ben Myers | Posted 12.21.2015 | Canada Business
Ben Myers

High price-to-rent and price-to-income ratios don't signal overvaluation, an overabundance of property speculation, or impending doom. Perhaps they actually signal the ascension of Toronto and Vancouver into the highest of global ranks.

Where Millennials Are Choosing To Live In Canada

The RentSeeker.ca Team | Posted 11.26.2015 | Canada Business
The RentSeeker.ca Team

There are many amazing places in Canada to call home. The upcoming generations of adults, often referred to as millennials, are quickly changing the landscape of our country, and where they're choosing to live may surprise you.

Most Vancouver Families Choose Place Over Space

Brad Jones | Posted 11.20.2015 | Canada British Columbia
Brad Jones

The belief that people are trapped in their first home due to lack of available options in Vancouver just isn't true. The benchmark prices for condos and townhomes here are now rising at the same rate, after years of plateau. Fears of not being able to move up to a larger condo or townhouse are unfounded.

Why It's a Good Time to Rent in Ontario

The RentSeeker.ca Team | Posted 06.30.2016 | Canada Business
The RentSeeker.ca Team

Ontario provincial highlights from CMHC's Rental Market Report show that despite there being less options to do so, more people are choosing to stay in a rental situation for longer periods. With sky-high prices, ongoing employment instability, and plain confusion over the real estate market, it seems that for many, renting is generally a safer and more feasible option than buying a home in 2015.

How Long Will Condos Last?

Dan S. Barnabic | Posted 05.28.2015 | Canada Business
Dan S. Barnabic

A condo unit will remain a viable real-estate ownership alternative for as long as its monthly maintenance fees and realty taxes remain below the monthly rental of a comparable unit in another condo complex or apartment building. Once the condo's maintenance fees and realty taxes exceed the cost of comparative rentals, there will be no demand to buy it.

More Jobs Coming to Calgary and Edmonton Despite Oil Price Fears

Ben Myers | Posted 05.10.2015 | Canada Alberta
Ben Myers

Many buyers are taking a wait and see attitude when it comes to their real estate purchases in Alberta with the last market failure fresh in their minds. Based on historical data and the opinions of the top analysts, it might be much less painful than many anticipate.

Four Predictions for the 2015 Toronto Real Estate Market

Nathan Dautovich | Posted 03.20.2015 | Canada Business
Nathan Dautovich

Many families are deciding to raise their children in the city instead of moving to the suburbs. Toronto is a safe and vibrant city, and with house prices both in the city and in the suburbs unrealistic for many parents, condos are an attractive alternative. Right now, a typical semi-detached home in a desirable neighbourhood can sell for around $1 million.

Days on Market: A Misleading Real Estate Statistic

Nathan Dautovich | Posted 02.18.2015 | Canada Business
Nathan Dautovich

In real estate, the Days on Market statistic is meant to measure how many days a property takes to sell. This is a very useful piece of information, and if used properly can say a lot about an individual property, a neighbourhood, or even the entire real estate market. The problem is that this statistic is skewed by a practice that some agents employ where if a listing doesn't sell quickly, they deactivate the listing and then reactivate the listing the next day.