I’m in search of a few different types of properties for a few buyer clients in and around the downtown and North York area. If you have a property that matches what I’m looking for (and its not already on the MLS), please contact me! I’d love to introduce my buyers. 2 bedroom or 2 […]
British Columbia’s New Foreign Tax
As we all know the Toronto Real Estate market just keeps getting stronger and stronger. British Columbia’s real estate market on the other hand is out of control. In an effort to curb sales in Vancouver, B.C., the government has implemented a new tax on residential real estate purchases for buyers who are not either […]
Old Food Bank to Become Loblaws
CityPlace and Lakeshore West Residents rejoice! Demolition at the old heritage Daily Bread Food Bank building at Lakeshore and Bathurst has begun. Originally built in 1928, the building was the head office and warehouse for Loblaws. The building has been vacant and boarded up since 2000 and will be replaced with a brand spanking new […]
What’s Going on with B.C.’s Shadow Flipping?
If you thought Toronto’s Real Estate Market was hot with all the bidding wars and increased prices, then you’ve probably not heard about the “Shadow Flipping” trend currently going on Vancouver. Imagine selling your property for $1M. Six months later on closing, the buyer actually pays $1.5M but as the seller you don’t see that […]
Real Estate in January
2016 has started off strong. Really strong. In fact, sales through TREB were up 8.2% this past January over the January, 2015. As you can see from the chart below, January 2016 had more sales but less inventory than January 2015. Taking into account the law of Supply and Demand, we also see the average […]
What to Expect in 2016?
What will the 2016 Real Estate Market look like? With the spring market just around the corner, this is a question being asked ALOT. With Toronto housing prices up roughly 10% in 2015 and the average price of a detached home now up over the $1 Million mark, its hard to believe that prices and […]
Project: Under Gardiner
Thanks to two Toronto philanthropists, the dark and desolate 1.75 km strip of land under the Gardiner Expressway between Spadina and the CNE grounds will soon be revamped. With a donation of $25 Million, the land will be transformed into an inviting park area with walking and bike trails, gardens, skating, cultural events and even markets […]
New Down Payment Rules To Come
If you are looking to purchase a property between the price range of $500,000 to $1,000,000, then this info is for you. As of February 15th, 2016 the minimum down payment for new insured mortgages will be changing (An insured mortgage is a mortgage where the buyer has less than 20% down payment). This new rule […]
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