Toronto Condos

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Toronto CityPlace: Growing Problem Or Just A Growing Neighbourhood?

I'll admit it, several years ago I had a very poor opinion of the CityPlace neighbourhood in Toronto. Back then, this neighbourhood of tall condo buildings built around Fort York Blvd and Spadina Ave was a huge construction site. It was dirty, the buildings were all under a constant state of repair, and there were no amenities nearby. Then in 2013, when Fort York Blvd opened through Bathurst St, things began to change.
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Understanding Greater Toronto Area's Pre-Construction Condo Craze

As an analytical realtor who focuses heavily on market-based statistics, I've started to understand the growing shift towards pre-construction condos. Millennials now pretty much don't have any shot at purchasing a house with the current appreciation in the market, despite the government's efforts to slow things down. Even purchasing condos may be a stretch for some. Getting into pre-construction condos however, is the golden ticket.
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Home Office Decor For Tiny Spaces

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.
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How To Launder Money Like a Chinese Billionaire

In China, crooks don't have to go to the casino because intermediaries called "junkets" will swap Yuan for gambling chips that can be cashed into Hong Kong or Macao currency at the casino then wired by Hong Kong banks to tax havens or accomplices offshore. The goal is to buy a condo or luxury goods with funds from a trust managed by a shell company in Grand Cayman, owned by another trust in Guernsey with an account in Luxembourg managed by a Swiss banker who doesn't know who the owner is.
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Can't Afford a House in Toronto? Be Patient

With prices of single family homes already up over 13 per cent year over year, the dream of owning a home in a desirable neighbourhood is quickly fading for many would-be Toronto home owners. So what options are there for people with a budget under $1 million who still want a home in a desirable neighbourhood?
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Ownership Even More Beyond Reach?

Recent changes to mortgage rules in Canada have left some condo buyers unable to afford their purchases, say professionals who are watching some clients struggle to hang on to their future homes. For...
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Down We Go

Toronto new condo sales took a nose-dive in the first quarter of 2013, according to condominium market research company Urbanation. A total of 2,728 new condo apartments were sold in the first three...
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Toronto Home Sales Implode

TORONTO - The number of homes sold last month in the Toronto area was down about 15 per cent from the same time last year.The Greater Toronto Area Realtors association says there were 5,759 sales thro...