TheRedPin.com is a challenger brand in the world of Canadian real estate that carries the largest database of listings in Toronto & Vancouver.
Founded in 2010, TheRedPin.com connects people, data and technology. Our platform carries the largest database of active residential listings in the Greater Toronto and Vancouver Areas, with plans to expand nationally. TheRedPin is a challenger brand with a unique business model that streamlines the real estate journey, and provides exceptional end-to-end services and benefits not found at other traditional brokerages.
In the GTA's high-priced real-estate market, where the barrier to entry for owning a single-family home is exorbitantly high, the City of Brampton represents a rare vestige where detached properties still average for below the million-dollar mark.
According to data from the Toronto Real Estate Board, the average price of a Toronto condo in the fourth quarter of 2016 climbed to $465,403 - a double digit 14 per cent jump that's more synonymous with low-rise family houses than high-rise apartments.
Homebuyers thinking of purchasing a new or pre-construction condo are often confused about the HST rebate. Questions like, "Who pays HST on new homes?" are often top of mind. And for good reason. The HST rebate can mean upwards of a $30,000 difference to your bottom line.
For die-hard urbanites on the hunt for a condo in the heart of Canada's largest metropolis, the old real estate adage location, location, location means getting specific. Really specific. Down to the...
The old real estate tenet "don't buy a house more than three times your income" has little merit in today's market. Between the trifecta of record low borrowing costs, monumental price gains and a dire lack of supply across the Greater Toronto Area, working out how much you can afford to spend on your dream home isn't exactly clear.
With prices at record highs, several industry insiders are speculating detached homes will soon be unattainable, pushing would-be buyers further toward more affordable options. Namely stacked townhomes and condo apartments -- even in the suburbs.
For buyers in search of more space and other perks a condo can't offer, finding an affordable place to call home is a tough proposition, even in the burbs. In 2016 so far, the average detached home in the suburban GTA sits at around $855,000, up almost 20 per cent from a year earlier.