Toronto Real Estate Second Highest Bubble Risk Globally – UBS

Each year, UBS, a large global firm offering wealth management, asset management and investment bank services, publishes a report called the “UBS Global Real Estate Bubble Index”. UBS says that: “Price bubbles are a recurring phenomenon in property markets. The term “bubble” refers to a substantial and sustained mispricing of an asset, the existence of… Read More

Toronto Prices Surge Upward in September

Prices in the Toronto area were almost 6% higher in September than in August, and slightly higher than the peak reached in the spring. This was nothing new for condominium prices, which have been hitting new all-time highs with great regularity over the past two years, and printed yet another one last month. What was… Read More

Toronto Market Getting Steadily Stronger

Prices for all property types continued the typical summer pattern in August, with prices for both freehold homes and condominiums lower than in July. Compared with last year, there are some definite positive signs: Prices were higher than last August for both freehold and condo properties. In fact, for the first time this year, prices… Read More

Controversy Over Short Term Rentals in Toronto

The rental housing crisis in Toronto has put the spotlight on short term rentals like Airbnb, which have removed thousands of units from the stock of long term rental properties in the city. Rental units are in critically short supply, and so there has been an outcry from housing advocates calling for restrictions on Airbnb…. Read More

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

Prestigious Kingsway Condominium

Click here for photos and more details Welcome to The Kingsway, one of the most prestigious condominium residences in Toronto’s west end. Ideally situated, it’s a short walk to the subway station and historic Old Mill, and close to Kingsway & Bloor West Village shops, restaurants and cafes. This sunny, spacious (1300 sq ft) 2… Read More

Luxurious Lakeside Living in the NXT Complex!

This stunning 2 bedroom, 2 bathroom south-west corner suite has floor-to-ceiling windows, 9 foot ceilings, a large balcony, and an open, functional kitchen with granite counters and stainless steel appliances. Recent upgrades include new flooring throughout, a large island/breakfast bar with a granite countertop, and automated Lutron blinds in the living area. Enjoy the beautiful… Read More

Stunning East York Family Home

Welcome to 25 Crewe Avenue, a renovated three bedroom home with licensed front pad parking on a quiet one-way street in a family oriented East York neighbourhood. You can walk to subway and GO stations, parks, walking/biking trails and local schools; and there is a convenient bus stop at the end of the street. Click… Read More

GTA Summer Market Showing Signs Of Strength

Toronto area prices were lower in July than in June for all property types, which is completely normal for the summer months. Sales in July were 3% lower than in June, while the total number active listing was 9% lower, and so the inventory of homes for sale dropped to just above 2 months’ supply,… Read More

City of Toronto Supports “Missing Middle” Housing Options

Last week, Toronto City Council voted 20-3 to approve Mayor John Tory’s motion to expand “missing middle” housing options in areas designated as Neighbourhoods in Toronto’s Official Plan. These neighbourhoods coloured yellow in the City’s land use plan map are known as the “Yellowbelt”, mainly zoned for single and semi-detached housing since the 1960’s, accounting for approximately… Read More