Why It Might Be an Ideal Time to Invest in a Condo

14 August 2014

he Toronto condominium market has been hot for a while, but the condo rental market is especially strong. Rental transactions have risen 25.7 per cent when compared to the same time last year. There was even more gains in rented units than there were in new listings, suggesting the emergence of a market that is highly competitive for renters. Rental costs have seen a slight drop over the last quarter which, when combined with the demand for rentals, creates a desirable market for both property owners and renters.

Rising Prices Mean a Strong Market

12 August 2014

June 2014 has been an excellent month for a resurgence in Toronto’s real estate market. The volume of home sales this month has jumped over 15.4% compared to the same time last year. The cost of an average home is up 7.4% from last year, including all types of housing across Toronto.

Neighbourhood Treasure: Mr. Ciao

11 August 2014

Folks in Riverdale can now get their hands on deep-fried pizza courtesy of Mr. Ciao – a new Gerrard Street pizzeria.

Why You Should Care about the Land Transfer Tax

05 August 2014

So you’ve been hearing all about the land transfer tax, but you’re confused? Let’s go over the basics.

Neighbourhood Treasure: The Good Son

04 August 2014

Queen West gets a restaurant as eclectic and hip as the neighbourhood itself with The Good Son, the newest venture from recent Top Chef Canada contestant Vittorio Colacitti.

How Buyers Can Benefit from a Seller’s Market

31 July 2014

New listings in Toronto were up 7.8% last month over a year ago and demand has kept up or surpassed these rates as the real estate market continues to be red hot this summer. The average price of a GTA home has climbed 8.6% since last year and the Toronto Real Estate Board is predicting a seller’s market for the remainder of the year. Condo re-sellers have been seeing a return on their investment as resale prices have gone up 6%.

Bidding Wars 101

29 July 2014

Bidding wars are becoming a staple of the Toronto real estate market. The asking price is often not enough to secure the home you want to buy. You may not only be competing with other buyers, sometimes you’re competing with the sellers’ expectations too. What are some considerations before entering a bidding war? - See more at: http://www.heatherholmes.ca/blog/2014/07/bidding-wars-101/#sthash.I4ma3y4C.dpuf

Neighbourhood Treasure: The Bristol

28 July 2014

The Bristol brings a unique charm (and delicious food!) to a neighbourhood already loaded with great restaurants.

Toronto Real Estate Market Remains Strong

24 July 2014

Some have predicted an end to Canada’s housing boom in the near future, such as senior Scotiabank economist Adrienne Warren, but many remain confident in the Toronto real estate market since it just experienced its strongest month ever. Past predictions of overbuilding and overpricing have not materialized as the market continues to thrive.

Neighbourhood Treasure: Tabule

21 July 2014

Those seeking out Middle Eastern food beyond the city’s standard falafel joints will be thoroughly satisfied with the Riverside location of Tabule.