Thinking about renting a place downtown Toronto? You should probably think about becoming a buyer instead.
Rental rates over the past month have risen from $25 to $100 per month more than in May. The sale or lease price to the listing price now averages 101%! That means not only are most rentals attracting multiple offers, a tenant must be prepared to offer full price as a minimum or don’t even bother to submit the offer.
There are few communities in all of Eastern Canada that can compare to Rosedale, Toronto’s most affluent neighbourhood. With its narrow, tree-filled streets and turn-of-the-century mansions, Rosedale is where some of Canada’s richest and most famous citizens reside.
Toronto real estate sellers set a record for new listings in May, yet the weather isn’t the only thing that’s been cool as of late.
The Toronto Real Estate Board’s (TREB) latest release shows buyer demand is nowhere near last year’s levels. Generally speaking, the market saw much more conservative price movements, listings skyrocket, and sales decline.
Yet, Toronto prices increased by 29%! Go figure.
Whether you’re planning to list your home for sale or would just like to dress up your domain, here are some ideas for adding simple elegance to the rooms in your home without breaking the bank:
For a homeowner, there is no easy answer when deciding whether to sell your existing home or find a new one first, as there are pros and cons to consider with both options.
“Several factors will impact your decision, including your personal finances, your timeline and local market conditions,” explains Ettore Cardarelli, president of the Ontario Real Estate Association. “It is different for each homebuyer.”
Renovating a home can be a wiser investment than moving and popular makeover shows are certainly inspiring. However, these shows can also leave viewers with mistaken impressions.
If life was like TV, we could dream up an addition on a Friday evening and be drinking coffee in it on Monday. While most of us know that’s unrealistic, some may have to experience living through a renovation to understand how complex and time-consuming construction can be.
As the saying goes, you only have one shot at making a good first impression. When it comes to selling a home, the first impression that buyers get can make the difference of a house selling or not — and for how much.
As housing prices rise, homeowners may look to income from a rented suite to help carry a mortgage. This can be a great strategy if you follow the rules and are well-prepared for being a landlord. Here are five key things to know.
Everyone is talking about our crazy real estate market, and in particular prices, they’re up 20% in just 4 months. You know I’ve been in this business for years and I’ve never seen anything like this. But, I’m not alarmed about the level of today’s prices, rather the rate of increase.
