Toronto real estate market news & info
An Ontario Real Estate Association (OREA) survey reveals that confusion about the Harmonized Sales Tax (HST) and buying a resale home has not decreased in the last year despite efforts by the provincial government and real estate industry to educate the public. The survey conducted by Ipsos Reid shows that 58 per cent of Ontarians… Read More
Still crazy after all these years. The Toronto real estate market has risen steadily since the mid 1990’s – except for a brief decline in late 2008/early 2009 that was followed by a rapid rebound – and continues to be a bright spot in the world economy. Despite all the bad news and market uncertainty through… Read More
Is there truth to the notion that you can have too much of a good thing? According to a new report released by Bank of America Merrill Lynch Global Research, this is exactly the case with the hot condo market in Toronto, who speculate that this rising star will crash and burn.The authors of the… Read More
The house lights have dimmed yet again at the Humber Cinema. But it’s unclear if the movie theatre at Bloor and Jane Streets is facing a temporary setback, or has been shuttered for good.A sign on the door of the Humber on Oct. 17 indicated the theatre, which had re-opened last April after sitting idle since… Read More
A few years ago, the federal Privacy Commissioner ruled a home’s sale price is personal information and cannot be advertised or disclosed without the permission of the buyer and the seller. This is what privacy legislation is all about — protecting your personal information. The lesson is that if you do not want to see… Read More
Welcome to The Clairmont, a boutique building providing style and elegance in a vibrant midtown location close to Yonge and St. Clair and surrounded by upscale residential neighbourhoods. It’s just a short walk to designer shops, fine dining, cafes, cinemas and services – to be entertained in every way possible. This stylish one bedroom suite… Read More
The influx of Chinese buyers in Canada’s major cities has given the housing market a boost, but created a controversy over street addresses. A University of British Columbia study says that in neighbourhoods with a high percentage of Chinese residents, houses with street numbers ending in four are sold at a 2.2 per cent discount… Read More
This home has been professionally designed by renowned area architects Ph.D. Design – it has wonderful flow and well proportioned living spaces together with thoughtfully chosen top drawer finishes throughout. The open concept main floor is perfect for entertaining with family and friends, with a welcoming entry foyer, elegant living room with gas fireplace, main… Read More
The market for rental condos is becoming almost as hot as Toronto’s resale housing market with bidding wars breaking out among tenants trying to snag prime units. While some 21,000 units are now under construction in Toronto — 5,707 of them in the downtown core — demand for rental condominiums continues to far outstrip supply,… Read More
Home buyers are ga-ga over gadgets. A survey by the Consumer Electronics Association (CEA) says home security systems, home theater-wired systems, home automation management systems and energy management systems are hot selling points. “There is a strong relationship between home technologies and the real estate market. While the market needs to recover before home technologies… Read More
