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Buyers Are Back – Latest TRREB Report Shows Upswing in Toronto Real Estate

After several lackluster months it appears buyers are coming back to the GTA housing market, leading to an uptick in prices as competition heats up. While both sales and prices are down from the same period last year, the average selling price of a home in the GTA rose slightly to hit $1,108,606 in March, …

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Giving Tenants Notice to Vacate in Ontario — The More Notice, the Better

Ending a Tenancy as a Landlord in Ontario In Ontario, tenancies usually last a year, however, if the lease has ended and the tenant has not given you notice, the tenancy will automatically renew on a month-to-month basis. Legally, a tenant must give at least 60 days notice that he/she will be ending their tenancy. …

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Toronto Millennials — A Landlord’s Dream

Toronto Millennials are poised to take over the rental market. Are you ready for them? Millennials: We’ve heard this term thrown around a lot lately, but who exactly are they and what role does Generation Y play in the real estate market? You don’t need to have an inside scoop to know that Toronto and …

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Liberal Party Policy Change–Additional Land Transfer Tax for Buyers in Ontario

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 …

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Sellers Continue to Ride Housing Wave as Toronto Home Prices Climb 10 Per Cent

New hope for buyers as supply of new listings in Toronto exceeds demand for the first time since January   In August, sellers continued to ride the wave of the GTA Housing Market, as Toronto home prices climbed 10 per cent. Last week, Toronto Real Estate Board President Mark McClean announced that GTA REALTORS® reported 7,998 …

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