Recent Toronto Housing News

Weekend Newsstand: March 28, 2015
torontohousingmarket.com
On this beautiful weekend morning, here is some not-so-beautiful news: new guidelines for the police carding policy are not winning over critics, Toronto's housing market is still outrageously expensive, and John Tory ran the most expensive mayoral ... [...]
7
Like
Save
Ice storm aftermath: 30000 customers still without power
torontohousingmarket.com
About 30,000 customers in Ontario, Quebec and New Brunswick remain in the dark one week after a major ice storm blanketed Central and Atlantic Canada, and warming temperatures have caused new power outages in Toronto. Ice storm aftermath: Staying ... [...]
17
Like
Save
Focus: Indcondo dispute drags on
torontohousingmarket.com
Sloan, teamed up with David Robin Sloan and several other developers to form Steeles-Jane Properties Inc. at the height of the booming Toronto real estate market. Together, they bought and developed property before selling it at a profit or leasing and ... [...]
13
Like
Save
Court ruling opens loophole for probate tax
torontohousingmarket.com
He added attempts to avoid probate without proper legal advice creates greater risks. Olkovich always tells his clients: “paying probate tax is a small price to pay to keep control.” Bob Aaron is a Toronto real estate lawyer. He can be reached at bob ... [...]
17
Like
Save
TD chief plays down concerns over Canada's housing market
torontohousingmarket.com
Toronto-Dominion Bank's chief executive said a housing market correction is a risk in some parts of Canada, but it would not trigger a messy or protracted downturn. “Would a correction make sense? Yeah, of course it would,” Bharat Masrani said. But ... [...]
16
Like
Save
One Percent Guys Announces Continued Growth in Toronto Real Estate Market
torontohousingmarket.com
One Percent Guys are excited to announce the Toronto real estate market has experienced a growth in sales prices in 2014. "Sales figures increased 6.7 percent over 2013 and was just slightly under the 2007 record," according to Toronto Release Estate ... [...]
12
Like
Save
88 Ulster Street – Harbord Village South Annex Toronto Home
torontohousingmarket.com
http://www.88Ulster.com Welcome to 88 Ulster Street in Toronto's South Annex neighbourhood. For more information, please contact Rebecca Laing, Toronto Real Estate Broker and experienced... [...]
15
Like
Save
Heritage designations an expensive and time-consuming challenge for developers
torontohousingmarket.com
That's a common refrain among plenty of developers who have purchased Toronto properties only to have councillors or residents make last-minute pushes to have the sites declared historically significant. While the limestone façade from Stollery's was ... [...]
14
Like
Save
Price gap between new houses and condos hits $300K in Toronto
torontohousingmarket.com
There is intense demand for both new and resale single-family homes, so much so that Toronto real estate prices have continued climbing, even as real estate markets in other cities begin to slow. The average home price for a detached resale house in ... [...]
6
Like
Save
Baker Real Estate Readies for Spring Sales Drive
torontohousingmarket.com
The Chinese were first to see that the future of Toronto's real estate market was condos. “They got involved at a time there was little interest in condos,” Lawlor notes. “When I started, new construction condos were 5 percent of market; now we take ... [...]
10
Like
Save
566 Oriole Parkway, Toronto, Home for sale
torontohousingmarket.com
Located minutes away from the shops, restaurants, and entertainment of the Yonge Street and Eglinton and Avenue Road corridors, 566 Oriole Parkway is well-situated on a tree-lined street in... [...]
6
Like
Save
Do real estate agents really make $1000 an hour?
torontohousingmarket.com
Darren Calabrese/The Canadian PressThe argument from upstart real estate firm theredpin.com states that in 2014 8,477 Greater Toronto Area homes sold in three days or less which amounts to 15 hours of work or less. Based on an average sale price of ... [...]
9
Like
Save
The Canadians are Coming! The Invasion of Tuscany by Solomon, Heaps …
torontohousingmarket.com
She has teamed up with Frank Heaps, one of Canada's leading craft brewing pioneers of Upper Canada and Steam Whistle Brewing to include an on-site artisanal (craft) brewery and brewpub, and James Estrin, a Toronto real estate professional and expert ... [...]
17
Like
Save
Toronto Real Estate Price Gap Grew In February: RealNet
torontohousingmarket.com
It also mimics the trend in the resale market, which saw the price gap grow to almost $250,000 in March, say numbers from the Toronto Real Estate Board. (Statistics released by RealNet Canada and the Building Industry and Land Development Association ... [...]
14
Like
Save
Now and then: Do Canadian homes really cost that much more than 30 years ago?
torontohousingmarket.com
In 1985, the average home price was $109,094 according to the Toronto Real Estate Board. Currently, the average home in Toronto will set you back by $566,696. Prices have therefore risen by 5.65% annualized over the past 30 years. During that time ... [...]
10
Like
Save
600 Fleet Street – The Malibu Condos For Sale / Rent – Elizabeth Goulart, BROKER
torontohousingmarket.com
Please Visit http://www.ElizabethGoulart.com For More Information. Welcome To The Malibu Condominiums at 600 Fleet Street. This Executive Fully Furnished 1 Bedroom Suite Features Designer... [...]
19
Like
Save
Toronto's price gap between new houses and condos soars to record level
torontohousingmarket.com
In a sign of things to come as Toronto's spring housing market heats up, the gap between the price of a new house and a new condo skyrocketed to nearly $300,000 in February. It was a fresh record for a market where intense competition has pushed the ... [...]
11
Like
Save
Price gap between condos and new houses in Toronto soars
torontohousingmarket.com
But the divide also mirrors what is happening in the resale market, where the price gap between condos and houses hit nearly $250,000 in the first two weeks of March, Toronto Real Estate Association numbers showed. Resale house prices jumped 11 per ... [...]
16
Like
Save
Is Your Real Estate Agent Making $1000 an Hour?
torontohousingmarket.com
To shine a light on realtor® commissions for Canadian consumers, a new study by Toronto real estate firm, TheRedPin crunched the numbers to find that a surprising 2,826 Toronto/GTA homes sold in just one day in 2014. In total, 8,477 GTA homes sold in ... [...]
20
Like
Save
Real estate heats up in Vancouver and Toronto
torontohousingmarket.com
In Toronto, February home sales grew by 11 per cent from a year ago while prices jumped nearly eight per cent, according to statistics from the Toronto Real Estate Board. That's despite the fact that it was one of the coldest Februaries on record for ... [...]
15
Like
Save
Can condos ever house families?
torontohousingmarket.com
The most recent figures from the Toronto Real Estate Board puts detached houses in the 416 area at an average price of $1,040,018. So what's a young family to do? A detached home is a pipe dream for the typical buyer. Those same figures indicate that ... [...]
9
Like
Save
Pets in Condos Toronto Real Estate Lawyer
torontohousingmarket.com
Stan Gelman Lawyer Toronto http://Wiselawyer.ca David Pylyp Realtor http://BuyinginToronto.ca discuss the pets in condo controversy & the Rules and Regulations. [...]
3
Like
Save
The Alexandra Park area is a major Toronto downtown condo hot spot in the …
torontohousingmarket.com
The neighbourhood surrounding Alexandra Park near Spadina and Queen will be home to several new condo developments as well as a host of major new retail, dining and recreational options. Toronto real estate agent, Ralph Fox alludes to what investors ... [...]
2
Like
Save
4196 Dundas Street West – Prince Edward Condominiums For Sale / Rent – Elizabeth Goulart, BROKER
torontohousingmarket.com
Please Visit http://www.ElizabethGoulart.com For More Information. Welcome To The Boutique Prince Edward Condominiums located at 4196 Dundas Street West In Prestigious Affluent “The Kingsway”. [...]
16
Like
Save
Buying a home in Toronto? Know that even a no-frills semi can spark a bidding war
torontohousingmarket.com
The numbers show why so many sellers are grappling with multiple offers: The Toronto Real Estate Board reported this week that sales in the GTA jumped 11.8 per cent in the first two weeks of March from a year earlier. New listings increased 8.4 per ... [...]
16
Like
Save
Build Toronto fails to hit affordable housing targets
torontohousingmarket.com
Build Toronto is the arms-length real estate and development corporation created to generate value from Toronto's real estate assets. The corporation signed a memorandum of understanding (MOU) with the city in 2010 “to set aside sufficient lands in ... [...]
11
Like
Save
Toronto Condos
torontohousingmarket.com
Toronto condos will provide the ease of Toronto city living without the stress of outside home maintenance. Come to www.gotoronto.net for information on Toronto Condos and Toronto Condominium... [...]
15
Like
Save
12 York Street – The Ice Condos For Sale / Rent – Uppsala – Elizabeth Goulart, BROKER
torontohousingmarket.com
Please Visit http://www.theicecondos.com For More Information. Welcome To The Ice Condos - 12 York Street. This 1 Bedroom + Den Uppsala Suite Features Design... [...]
17
Like
Save
House prices rise again in Toronto
torontohousingmarket.com
The average sale price for a house in Toronto in the first two weeks of March was $620,106, a rise of 10.6 per cent compared to the same period in 2014. The Toronto Real Estate Board (TREB) reported 3,838 sales through the TorontoMLS system, an 11.8 ... [...]
5
Like
Save
140 Six Point Rd, Toronto, home for sale
torontohousingmarket.com
Welcome to 140 Six Point Road, a beautifully well-maintained 3 bedroom upscale town home in Toronto's west end. Move-in ready, this spacious and well-lit home features an open concept design... [...]
7
Like
Save
The Curve Condos & Lofts – 170 Sudbury Street in Toronto’s Queen West – MLS Listings For Sale
torontohousingmarket.com
Go to http://www.premiermatrixrealty.com/The-Curve-Condos-170-Sudbury-Toronto-MLS-Listings-For-Sale.html for MLS Listings for sale at the The Curve condos and lofts at 170 Sudbury Street in... [...]
20
Like
Save
Battle of the bank rates kicks off heated spring housing market
torontohousingmarket.com
Fierce competition among banks and home buyers is driving mortgage rates down and home prices up, signalling the start of a spring housing market that many observers expect will be particularly heated this year. Bank of Montreal unveiled a 2.79-per ... [...]
18
Like
Save
Realtors say spring real estate market is heating up in Vancouver and Toronto …
torontohousingmarket.com
In Toronto, February home sales grew by 11 per cent from a year ago while prices jumped nearly eight per cent, according to statistics from the Toronto Real Estate Board. That's despite the fact it was one of the coldest Februaries on record for the city. [...]
7
Like
Save
What a $1 million house looks like in Toronto
torontohousingmarket.com
No one, including Garth, is saying that Toronto real estate prices are going to plummet. There is, and likely will be for a long time, too much demand. What *will* happen, though, is an increase in interest rates, cascading into a percentage of people ... [...]
9
Like
Save
18 Yonge Street | Toronto Condo For Sale | Jeff Johnston RE/MAX
torontohousingmarket.com
18 Yonge Street. Model Suite. Amazing City Views. 94/100 WALKSCORE. Stunning 1 Bedroom +Den Model Suite with Gorgeous Dark Hardwood Floors, Granite Counters ... [...]
11
Like
Save
Toronto New Condos & Preconstruction Condo Investment
torontohousingmarket.com
www.PrimeNewCondos.com/OneNightOnly presents New Condos in Toronto 647-694-2805 Toronto Condo for sale. This is new Toronto Condos for sale, only one night S... [...]
8
Like
Save
Spring real estate market heats up in Toronto, Vancouver, realtors say
torontohousingmarket.com
In Toronto, February home sales grew by 11 per cent from a year ago while prices jumped nearly eight per cent, according to statistics from the Toronto Real Estate Board. That's despite the fact that it was one of the coldest Februaries on record for ... [...]
5
Like
Save
That $1 million Toronto home just got even pricier
torontohousingmarket.com
Detached homes in Toronto have have continued their upward price trend halfway through March, according to the Toronto Real Estate Board. The average detached home sale price which crossed $1-million on a monthly basis for the first time in February, ... [...]
18
Like
Save
Distillery District | Condos for Sale in City of Toronto With South East View!
torontohousingmarket.com
Brand New Signature Suite With South East View: This One Of Gooderham's Luxury Unit Is Located In The Centre Of Toronto's #HistoricDistilleryDistrict * Inc... [...]
16
Like
Save
123 Sylvan Ave, Toronto, luxury waterfront home for sale
torontohousingmarket.com
Welcome to 123 Sylvan Avenue, a custom-built luxury waterfront home located in beautiful Guildwood Village just 25 minutes from Bay Street. Within walking di. [...]
18
Like
Save
208 Queens Quay West – The WaterClub Condos For Sale / Rent – Elizabeth Goulart, BROKER
torontohousingmarket.com
Please Visit http://www.elizabethgoulart.com For More Information. Welcome To The waterclub Condos at 208 Queens Quay West (8 York Street / 208 Queens Quay W... [...]
20
Like
Save
Bremont Homes, Toronto's Finest Home Builder, Weighs In On Average …
torontohousingmarket.com
According to the Toronto Real Estate Board, February saw the price of the average detached home in the 416 area code increase 8.9% year over year, bringing it to $1.04 million. This milestone is also about $300,000 above the average cost of detached ... [...]
17
Like
Save
81A Front Street E.-True Loft Conversion- St.Lawrence Market, Toronto
torontohousingmarket.com
Toronto Lofts For SALE - St.Lawerence Market Lofts, 81A Front Street East. True Loft Conversion - Contact Jeff Johnston St. Lawrence Market Lofts-The Ultimat... [...]
17
Like
Save
The great divide in Toronto housing
torontohousingmarket.com
In other words, they are also a part of the Toronto housing market: potential buyers without the means to even dream about a mortgage because they struggle to simply find an apartment or enough food. But are they less deserving of the goal of home ... [...]
20
Like
Save
Toronto condo sales falter over winter, but new home sales are healthy, report …
torontohousingmarket.com
According to the Toronto Real Estate Board (TREB), GTA home sales actually surged nearly 15 per cent in the first half of February. That's based on sales of existing homes in the first two weeks of February, a 14.9 per cent jump over the same point in ... [...]
12
Like
Save
Anti-Jewish slurs used in online real estate listings
torontohousingmarket.com
“This should not have happened,” he stressed. “And in future, we'll make sure it won't happen again.” . The CJN also made several attempts to contact the Real Estate Council of Ontario and the Toronto Real Estate Board, but neither could be immediately ... [...]
8
Like
Save