Category: Uncategorized
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Condo Renovation Do’s and Don’ts
Develop a detailed plan, including budget and design goals, before starting your condo renovation. Allocate a budget that accounts for unexpected costs and allows flexibility throughout the renovation.
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GTA Basements Earn Homeowners up to $2,600
GTA homeowners can earn between $1,800 to $2,600 monthly by renting their basements. Old Toronto leads with potential annual rental income of $31,200, highest in the GTA.
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GTA Condo Hunting? These Options Are Under $550K
A study found 10 Greater Toronto Area communities where condos sold for under $550K this year. East York in Toronto had the lowest median condo price at $485K, despite a $499K listing price.
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Toronto Real Estate: Inventory Surges, Condos Buck The Trend
In the Toronto real estate market, overall stability is noted, but condos are facing unique challenges with inventory outpacing sales due to a surge in new listings. The Canadian Real Estate Association reported a significant increase in inventory as sellers entered the market. Meanwhile, a tragic discovery of a missing real estate agent's remains was…
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Here’s how much you can make renting your basement in and around Toronto
Renting basement apartments in Toronto can yield significant income, with average monthly rents reaching up to $2,600 in some neighborhoods. Old Toronto tops the list, followed by East York ($2,450), York ($2,350), Etobicoke ($2,300), and Oakville ($2,200). While Oshawa offers lower rents ($1,875), it also has the lowest home prices, making it a better investment…
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Interest Rate Cuts Starting To Lift Toronto Home Sales
Interest rate cuts are starting to impact Toronto's housing market, with an increase in sales noted last month. TRREB President Jennifer Pearce indicated that borrowing costs are expected to decline further, leading to lower monthly mortgage payments and potentially accelerating sales. In July, there were 16,296 new listings, an 18.5% year-over-year increase, although sales and…
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Can Lower Rates Fix GTA Housing Crisis?
High interest rates have reduced GTA housing demand by 50%, increasing inventory and moderating pricesMunicipal approvals in the GTA take up to three years, delaying new home supply and increasing costs.
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GTA’s Profitable Investing Trend: Detached Homes
Detached housing markets in the GTA are driven by investors and move-up buyers. Around 20,000 to 25,000 potential buyers are waiting in the GTA.
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Check out my listing Address: 585 Colborne St #609 Brantford, N3S0K4
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Early-Q3 2024: GTA Home Prices Trends
GTA home prices dropped across the board in July 2024. Bidding competition eased in the GTA, with only 14% of homes overbidding in July.