Toronto Real Estate

Can't Afford a House in Toronto? Be Patient

Nathan Dautovich | Posted 05.27.2014 | Canada Business
Nathan Dautovich

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?

Toronto's Reached A Fever Pitch

CBC | Posted 06.21.2014 | Canada Business

Toronto's real estate bidding wars are reaching a fever pitch.  Some of Canada's largest banks are offering low mortgage lending rates, ...

Best Real Estate Markets In The World

The Huffington Post Canada | Daniel Tencer | Posted 04.10.2014 | Canada Business

Canadian cities top the world for the real estate markets that make the best bet for long-term investment, according to a study from U.K. property dev...

Should I Wait Until the Spring Market to Sell My Home?

Nathan Dautovich | Posted 04.15.2014 | Canada Business
Nathan Dautovich

Over the last month, every client I've met with has been asking when the spring market officially begins, and whether they should list now or wait until later on. This is a difficult question, as there are many factors that contribute. A close analysis of both the overall market and the local competition is the best way to come up with a selling strategy.

Look Where House Prices Have Doubled In 2 Years

The Huffington Post Canada | Daniel Tencer | Posted 02.18.2014 | Canada Business

Less than two years after Finance Minister Jim Flaherty implemented yet another round of mortgage rule tightening to cool off an overheating housing m...

Will Selling Your Home Privately Lead to Legal Problems?

Nathan Dautovich | Posted 04.01.2014 | Canada Business
Nathan Dautovich

One of the most common questions I get from people looking at selling their home privately concerns potential legal problems that could arise from selling without using an agent. One of the biggest misconceptions out there is that sellers think that legal problems are inevitable.

How to Sell an Assignment Property

Nathan Dautovich | Posted 03.18.2014 | Canada Business
Nathan Dautovich

In the years between when the assignment is purchased and when the unit is occupied, there are many reasons why people who bought these assignments may want to sell. Maybe their financial situation has changed, maybe their family status has changed, or maybe they need the money elsewhere.

Selling a Condo in a Slow Market? Try This Tip

Nathan Dautovich | Posted 02.18.2014 | Canada Business
Nathan Dautovich

Another thing condo owners do to try to differentiate themselves is spend thousands of dollars on upgrades. This is usually a bad investment as only a fraction of that is recouped when the condo sells. Industry data shows that similar sized units sell for similar prices, regardless of any upgrades done.

Buy This Condo, Get a New Car! (and Other Crazy Incentives)

Jenna Em | Posted 11.27.2013 | Canada Business
Jenna Em

It's not a new concept for builders to offer incentives in the form of upgrades to potential buyers. However, I've been astounded by other incentives that have recently popped up in the Toronto real estate market. For example, Kylemore Communities has been offering $35,000 towards any new BMW, with a purchase of one of their specific condo developments.

LOOK: Micro-Condos Are Coming To Toronto

The Huffington Post Canada | Posted 09.24.2013 | Canada Business

Downtown Toronto living is about to get whole a lot smaller. The city’s first micro-condos, geared towards “people who choose to live small (an...

How I Went From Winning a Home Bidding War to Starting My Own

Jenna Em | Posted 10.08.2013 | Canada Living
Jenna Em

After 32 months of house hunting in Toronto, I finally "won" a home bidding war -- and was then handed the unsavoury task of selling my previous house. Imagine our surprise when we learned that there were SEVEN registered offers on our home!

'Downside Risk'

CP | Ross Marowits, The Canadian Press | Posted 08.07.2013 | Canada Business

Canadian housing prices are at risk of falling over the next few years, driven by global economic weakness and softness in key condo markets, a Scotia...

Absurd Vancouver Property: Vancouver vs. Toronto

Melissa Carr | Posted 07.20.2013 | Canada British Columbia
Melissa Carr

We're almost halfway across Canada in out 'Absurd Vancouver Properties' series. This week we're focused on three Toronto houses and what domestic perks they hold against f*%king ridiculously priced properties sprinkled throughout Vancouver.

House Hunting in a Good School District? It's Going to Cost You

Brennan Aguanno and Anna Kemp | Posted 06.30.2013 | Canada Business
Brennan Aguanno and Anna Kemp

The first step in any home search always involves a discussion with the client about what is most important to them in a new home. But if you're basing your decision on where to buy your family home on what neighbourhoods do well on standardized testing, it's almost certainly going to cost you.

Bidding Wars and Real Estate Rage in Toronto

Jenna Em | Posted 06.02.2013 | Canada Living
Jenna Em

Whether you're in Ontario or in a different province, you've likely heard about Toronto and GTA housing prices. Last night was the first time we placed an offer in over two years -- and was the first time ever we participated in a home bidding war!

Is This the Year the Toronto Housing Bubble Deflates?

Jenna Em | Posted 03.11.2013 | Canada Business
Jenna Em

My husband and I couldn't believe that simple family homes in the GTA could sell at the same prices that mansions used to! The truth became evident: There was just not an appropriate home for us in the current market at our price point.

Prices Creep Higher In Canada

CP | Craig Wong, The Canadian Press | Posted 12.03.2012 | Canada Business

The average price of a home in Canada crept higher in the third quarter, according to a survey by Royal LePage, but the real estate company warned a s...

Goodbye Theatre, Hello Condo Towers?

CP | Linda Nguyen, The Canadian Press | Posted 11.30.2012 | Canada Business

TORONTO - Theatre and art impresario David Mirvish says he plans to tear down Toronto's Princess of Wales Theatre and replace it with three condo towe...

Rachel Mendleson

Dreams Of First Home Slipping Away For Young Canadians

HuffingtonPost.com | Rachel Mendleson | Posted 03.17.2013 | Canada Business

In some respects, Katrina Armstrong has chosen to have a family over owning a family home. She and her husband, who share a two-bedroom rented apa...

What's Driving Toronto's Budget Surplus?

CBC | Posted 06.28.2012 | Canada Business

Toronto’s red hot real-estate market has helped deliver an unexpected boost to the city’s bottom line. The city will offi...

Ask A Realtor: Making an Offer on a "Hot" Property

Susanne Hudson | Posted 06.12.2012 | Canada
Susanne Hudson

In a seller's market, many "hot" properties come on the market and often with holdback offers. These homes are usually newly renovated, nicely decorated and have many features that buyers want. How can you get this house?

Ask a Realtor: Don't Hold Back on Holdback Offers

Susanne Hudson | Posted 06.05.2012 | Canada
Susanne Hudson

Holdback offers are a marketing sales strategy whereby the property is listed for perhaps 5 per cent under market value and offers are held back for a week. Benefits of holdback offers to the seller: not just an increase in price but also an efficiency of time. Less time on the market if it works and less stress for the seller!

Condo Madness?!

Brennan Aguanno and Anna Kemp | Posted 02.06.2012 | Canada Business
Brennan Aguanno and Anna Kemp

Today Toronto leads all cities in North America with 132 high-rise buildings currently under construction. If you're like me and own a unit downtown, you can't help but be a little nervous about where all of this is heading.

Toronto Homeowner Claims Automatically Denied: Ombudsman

CP | The Canadian Press | Posted 12.19.2011 | Canada Politics

TORONTO - Toronto's ombudsman says the city's claims process is badly flawed with most complaints by homeowners automatically denied.Fiona Crean says ...

Why Forbes Thinks Canada's Economy Is Number One

David Gratzer | Posted 12.07.2011 | Canada
David Gratzer

Canada gets top marks for freedom -- odd in a country where you can easily get a marijuana joint in most big cities, but not a private MRI scan