Archive | Investment Real Estate

11 February 2017 ~ 0 Comments

Spring has come early and sellers are doing very well!

The Toronto real estate market is on fire as of late, and properties that have come early to the market are reaping very big rewards! Detached homes continue to be in very high demand everywhere, and semi-detached and townhomes in the trendier parts of Toronto, multiple offers are the norm and will continue to be […]

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31 January 2017 ~ 0 Comments

TREB predicts 10%-16% increase in house values for 2017

The Toronto Real Estate Board released today their forecast for the GTA housing market for 2017. Much to the shock and awe of many, they are predicting an increase in house prices between 10%-16% over 2016 prices, mainly due to the constriction of supply. Activity is also forecasted to stay the same as the past […]

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16 January 2017 ~ 0 Comments

Toronto City Council says “raise the land transfer tax cost”

#AnotherObstacle It looks like Toronto City Council is at it again! Thinking that purchasers of real estate in Toronto’s neighbourhoods are flush with cash, they look to make sweeping changes to the Toronto Land Transfer tax program. For anyone who has purchased a property in Toronto since February 1st, 2008, you are well aware of […]

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16 January 2017 ~ 0 Comments

Tips to protect your home and property: IBC

The Insurance Bureau of Canada (IBC) reminds Ontarians to review their home insurance policies, update their home inventories and take steps to protect their personal property. “Reviewing and updating your home inventory list helps protect your personal property and can speed up the claims process in the event of a theft or loss,” says Kim […]

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19 September 2016 ~ 0 Comments

CRA On The Hunt For Real Estate Tax Cheats

This past week I attended a presentation that covered tax implications when doing assignment sales, buying fixing, and flipping property and selling pre-construction condos. Often we hear of friends or family who have made money in some form of one of the above scenarios, but we don’t talk much about the tax implications that are […]

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21 February 2016 ~ 0 Comments

First-time Buyer Home Is a Condo… And This Can Be Smart Financially!

Over the past 6-7 years, I have been sharing with clients that the first-time buyer “home” is now a condo (and no longer a house). The Toronto Real Estate Board (TREB) in its first ever year-in-review which recently came out, confirms this. Why is this important? For starters, it helps set realistic expectations when discussing […]

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15 January 2016 ~ 0 Comments

Are We to Expect Another Active Year in Toronto Real Estate Sales and Prices?

With winter now in full force across our city and the start of a new year behind us, those of you thinking about making a move or adding an investment property in 2016 might be wondering: what will be in store for the real estate market in Toronto? Let’s start with a brief recap of […]

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17 November 2014 ~ 0 Comments

Prices To Rise in 2015!

One of the most frustrating things for prospective buyers to hear is that house and condo prices are continuing to rise. We’ve become so accustomed to constant news about the lack of housing supply (with the exception on the new condo sale side) that buyers cringe, knowing this typically translates into bidding wars! Last week […]

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11 June 2014 ~ 0 Comments

CMHC’s Recent Changes Adding More Confusion?

Canada Mortgage and Housing Corporation recently added more changes to what it will insure and whom they will offer their products to. They no longer will be offering mortgage insurance to developers to finance new construction projects. They are still insuring individual purchasers who purchase a unit from these builders, and this is where I […]

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16 May 2014 ~ 0 Comments

City of Toronto’s Home Energy Loan Program Kicks Off

The City of Toronto has launched a new pilot program that provides low interest loans to homeowners who are interested in making their homes more energy efficient. The program is called HELP – Home Energy Loan Program. For many people, the high upfront costs of doing energy improvements, such as installing new windows or a new energy efficient furnace, can make it difficult for them […]

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