In Development: 48 Power Street
A few months ago, we discussed a potential new condominium headed to 48 Power St., near the corner of King St. East. and Parliament. The site, currently occupied by the Sing Tao Daily building, was put on the market in order to capitalize on the city's
Average selling price up despite big drop in sales
The Toronto Real Estate Board (TREB) just released its monthly resale housing market report for August 2017, announcing another month of low sales reported through the MLS.There were 6,357 home sales in the Greater Toronto Area (GTA) last month, which is
Wander into the World of Whimsical Suites
Responding to the market demands of Toronto?s vibrant lakeside community of Mimico by-the-Lake, Davies Smith Developments is releasing Whimsical, Classy and Chic, a series of newly designed suites for Eleven Superior.
Rental Vacancy Rates Increase in Canada
Canada Mortgage and Housing Corporation (CMHC) released its fall Rental Market Survey recently, which reports increases in Canada’s rental vacancy. Out of 35 major urban centres in Canada, the vacancy rate increased to 2.7% in October 2013, a tiny
Sales centre traffic high despite fewer home sales
According to the latest report from Trimart Research Corporation, new low-rise sales across the Total Market Area (TMA) dropped compared to last year. But, demand is clearly still strong given the high amount of sales centre traffic and successful
See what people in Toronto sacrifice to buy a home
With would-be buyers finally adjusting to the stress test and interest rates looking like their taking a breather, 2019 may be a strong year for home sales in Toronto and other major markets in Canada.
Is this the year you become a landlord?
With the recent mortgage rule changes requiring all insured mortgages to undergo a stress-test, it’s possible that many who were looking to get into the market this year may hold off and decide to rent for another year or so in order to save for a 20%
How will cannabis legalization affect Toronto real estate?
Recreational cannabis will be legal in Ontario next month. In my circles, there’s either a positive or neutral stance on the matter, for the most part. As the hype builds, I can’t help but wonder how it will affect the Toronto real estate market.
TMA Monthly New Low-Rise Sales Surpassing 2013 Figures
The recent Trimart report announces that for three months in a row, Total Market Area (TMA) monthly sales have beat 2013 results for the same time periods. As of the end of summer, 65 percent of Trimart’s annual forecast has been achieved. Once the total
Look to Toronto, Calgary, and Vancouver for Long-Term Real Estate Investment!
View from 365 Church by MenkesWe’ve said it all along, but now Canada is gaining international attention for its booming valuable real estate market. U.K. real estate firm, Grosvenor Group has ranked Toronto, Vancouver and Calgary the best places for
