The average rent in Toronto hit a high of $2,832 last year, making it one of Canada’s most expensive cities, and the outlook for 2024 is little better as demand continues to surge in a market that’s grossly undersupplied. For students and young professionals, it’s almost impossible to get on the property ladder and tough …
How Toronto Landlords Can Legally Run a Rooming House Read More »
The Municipal Land Transfer Tax is coming to a town near you, and most likely, your town as well. The dreaded Municipal Land Transfer Tax (MLTT) might be spreading across Ontario as an additional taxation measure backed by the Liberal Government. This tax will be on top of the existing Provincial Land Transfer Tax …
Liberal Party Policy Change–Additional Land Transfer Tax for Buyers in Ontario Read More »
Just listed! A Five Bedroom detached home, in one of Toronto’s SPOOKIEST neighbourhoods. Would you buy it? Even a Haunted House in Toronto would sell in this market! Have a Happy Halloween!
If you’re a parent of a Millennial kid (an adult child), then your you might want to plan your empty (or not so empty) nest arrangements accordingly All jokes aside, more and more Millennials are moving back home, despite higher incomes and educations than previous generations. Do you have a Millennial kid (18-34 years of …
The Millennial Generation — Another Great Reason to Sell Your House Read More »
Is it a trend, or could a man cave add value to your home?
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
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