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Value for Money Neighbourhoods To Buy Condos in Toronto

According to the Toronto Real Estate Board (TRREB), condo apartments have emerged as the most sought-after and transacted property type in the Toronto market. In August alone, a staggering 1,365 condo apartments changed hands, surpassing all other property categories in sales volume.

Beyond Interest Rates: The Complex State of Ontario’s Real Estate Market

After a period of consecutive rate hikes, the Bank of Canada has decided to keep the policy rate steady at 5%, despite the 0.2% fall in GDP. However, the current state of Ontario’s real estate market is far from promising.

Do You Know What Are the Different Costs Involved in Buying a House?

Buying a house is an exciting milestone, but it's important to be aware of the various costs that come along with it. Beyond the sticker price, there are a slew of expenses that can catch you off guard if you're not prepared. From land transfer taxes to legal fees, and from title insurance to proper

What You Can Get With an Annual Income of $150K in Barrie?

When you compare Barrie to other cities around Toronto, you'll find that Barrie has more affordable housing options. On average, a home in Barrie costs around $650,000, which is much lower than the average price of $1.2 million in Toronto. Living in Barrie means you'll be right near Highway 400, mak

As a First-Time Home Buyer, How Much Should I Spend on a Home in Canada?

Becoming a homeowner for the first time is exciting, but it also involves hard stressful financial decisions like taking a mortgage. One of the most critical questions you'll face is: How much should I spend on my first home? This decision can have a long-lasting impact on your and your family’s fut

What You Can Afford With an Annual Household Income of $150K in Kingston?

It doesn't take a genius to know that buying a house is not a decision you take in the spur of the moment. Most of us cannot just decide to buy a house today and then go out and bag one tomorrow. There needs to be a plan and for this plan to exist certain prerequisites have to be met. Having a decen

Understanding the Mortgage Application Process

magine the excitement of stepping into your very own home, a space where your aspirations take root and your memories flourish. As you embark on this thrilling journey towards homeownership in Canada, the path might seem labyrinthine, strewn with complexities. Fear not! Our guide is here to illumina

Decoding Condo Fees in Ontario: FAQs Every Home Buyer Must Read

Acquiring a condominium in Toronto presents significant challenges. Finding the right building is already a significant undertaking, and when you also consider the challenge of pinpointing the perfect unit within that building, it can often seem like an overwhelming task. That is why understanding t

The Pros and Cons of Buying a Home in Toronto

Are you thinking of buying a property in Toronto? Investments like purchasing a home need to be thought out thoroughly. Also, these investments are meant to last for decades. Therefore, buying the first house you run into is never a good idea. There are ups and downs to each and every situation and

What is a Property Tax?

Did you know that property taxes are regressive in nature? This means that they are based on the assessed value of a property, which may not be directly correlated with the owner's income. As a result, low-income households end up paying a disproportionately larger portion of their total annual hous

The Benefits of Buying a Pre-Construction Home in Canada

In Canada, buying a pre-construction property means investing in a home that doesn't physically exist yet. You are essentially putting your money into a property based on the developer's plans and designs, and you won't see the finished product until it's completed. Just by that definition alone, th

Unveiling the Chasm: A New Study Highlights the Condo-House Price Gap in Major Canadian Cities

In the vibrant landscape of Canadian real estate, the dichotomy between condo and single-family home prices in major cities has emerged as a fascinating topic of discussion. Recently, a study has shed light on this intriguing phenomenon, revealing a substantial disparity between the two property typ
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