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In Search of the Perfect Man Cave?
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6 Facts About the Toronto Real Estate Market
56,000 condos At the end of 2014, there were more than 56,000 condos under construction in Toronto. That’s far more than what’s being built in other cities with a greater population like Chicago, Los Angeles, or New York. As a comparison, during most of the 1990s the city hovered around 10,000 condo starts. Almost 3,000 …
Loonie Hits Lowest Level Since 2004
Foreign Investors are taking advantage of the dropping Canadian dollar and record low rates. Apparently, tourism isn’t the only industry that is benefiting from the low Loonie!
Bank of Canada Rate Cut and Loonie at 5-Year Low — What’s in Store for Toronto’s Housing Market?
Last week the Bank of Canada reduced its Key Lending Rate for the second time this year. Down to 0.5 per cent from .75 per cent, this move was in response to our ailing economy along with the slump in oil prices. With large banks and lenders preparing to follow suit, this leaves us to …
For Sale | Barclay Circle, Milton
End Unit Townhouse Siding onto Barclay Park 3 Bedrooms | 3 Washrooms | Garage Take the Highgate Virtual Tour Enjoy lots of natural light in this end-unit townhouse that feels like a semi-detached. Conveniently located near major roads, just minutes from the 401. Key Features Private Corner Unit, Siding On Barclay Park Open Concept Design …
Toronto’s Hot Real Estate Market Expected to Surge if Bank of Canada Cuts Rates Again
If you think housing prices in Toronto are high now, brace yourselves. Industry experts and economists expect them to surge as Canada’s biggest city saw another record month in June. Last week, newly appointed Toronto Real Estate Board President Mark McLean announced that GTA REALTORS® reported 11,992 sales through TREB’s MLS® System in June 2015. …
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225 Sherway Gardens Road
225 Sherway Gardens, Toronto | Hwy 427/Queensway Investment Opportunity Tenanted Property Spacious 1+1 Condominium located in West Toronto. Rent: $1425 Lease Term: Month-to-month Get Directions Streetview Key Features One Bedroom + Den. Spacious Living And Dining Area Open Concept Kitchen With Breakfast Bar, Ample Cabinetry Stainless Steel Appliances Including Fridge, Stove, Microwave and Dishwasher Separate Den Provides …
When I was your age …
A Look at the Numbers: 1982: Average house price in Canada — $72,500 2015: Average house price in Canada — $439,100 1982: Average five-year fixed mortgage rate (March) — 19.4% 2015: Average five-year fixed mortgage rate (March) — 3.8% 1982: Outstanding residential mortgages — $30-billion 2015: Outstanding residential mortgages — $953-billion Sources: CREA, Statscan
Toronto Real Estate Board Market Watch — Record Sales for May 2015
The shortage of active listings reported through Toronto MLS ®, drives demand and average selling price of homes up With the average selling price of a home in Toronto currently sitting at $649,599—it’s safe to say that Toronto’s real estate market shows no signs of cooling down this summer. Last week, Toronto Real Estate Board …
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