GTA Market for Rental Properties Growing Stronger

A recent report conducted by Ryerson University’s Centre for Urban Research and Land Development found that Toronto is the fastest-growing city in Canada and the U.S. by a huge margin. Immigrants are being attracted in droves by employment opportunities – for example, in the first half of 2019 alone, 81,600 new jobs were added and, on a… Read More

First-Time Home Buyer Incentive – Will It Help?

The federal budget included a proposed measure that would see the federal government take on part of the costs of buying a home. The basic elements of the plan are: It will be available only to first-time homebuyers; It will be administered by CMHC and will only be available for CMHC-insured mortgages; Buyers must have… Read More

New Condo Buyers: Beware of HST and Capital Gains Tax

When a new condo is purchased,  HST of 13% must be paid, as only resale real estate is exempt from HST. In most cases, the builder includes the HST in the purchase price, so the buyer doesn’t have to come up with a huge cash payment to CRA in addition to their down payment. In… Read More

Buying Your First Condo

Condo Buildings

With more than 500,000 condominium units in Canada and one in four new homes built as condominiums, Canadian buyers need basic condominium buying skills to protect them in any market. Too often, condominium buyers fall prey to the “do nothing, just play” sales pitches inherent in lifestyle campaigns presented by condominium developers. Although “condo living”… Read More

What Buyers Want In a Condominium

What Buyers Are Looking For in a Condo

In Toronto, there are more condos being built than in any other city in North America. Across Canada, condos projects at all price ranges are grabbing home buyers’ attention and down payments. What buyers want in a condo depends partly on where they live, but there are some common themes. A recent survey by TD… Read More

Getting Value Out Of Condominium Amenities

With dozens of condominium buildings competing for buyers in Canadian cities, building amenities have become an important part of developers’ marketing plans. In the first condominium buildings, amenities were pretty much limited to indoor pools and a generic “party room”. Now buyers are looking for fitness centres and entertainment lounges. Developers are marketing lifestyles, not… Read More

Stunning Lake Views

Welcome to 80 Marine Parade #1405, a bright, airy 1+1 bedroom condo with breathtaking unobstructed lake views, just steps from waterfront walking/jogging trails and with shopping & TTC close at hand. This elegant suite features an open concept layout with floor-to-ceiling windows and a walk-out to a sun-drenched south-facing balcony overlooking lakefront parkland. The spacious… Read More

New Luxury Condo

Welcome to Tridel’s Two Old Mill, a brand new ultra luxury building in the prestigious Old Mill neighbourhood. It’s Walkers’ Paradise (90 Walk Score) — just a short walk to subway, Bloor West Village shops, Old Mill restaurant and Humber River parkland. This spacious (777 sq ft) one bedroom plus den unit has two full… Read More

Davisville Village

Welcome to 398 Eglinton Avenue East, a trendy, ten-storey condominium building in the sought-after Davisville Village neighbourhood. The Maxim is just steps from Mount Pleasant Village shops and easy walking distance to the Eglinton subway station (with the Eglinton LRT coming soon!) and the bustling Yonge & Eglinton corridor. Unit #610 is an exceptionally bright… Read More

Getting Value Out Of Condominium Amenities

With dozens of condominium buildings competing for buyers in Canadian cities, building amenities have become an important part of developers’ marketing plans. In the first condominium buildings, amenities were pretty much limited to indoor pools and a generic “party room”. Now buyers are looking for fitness centres and entertainment lounges. Developers are marketing lifestyles, not… Read More