In toronto real estate, it takes a six-figure household income to afford a home in the Greater Toronto Area. The exceptions are a couple of pockets of Durham where, if you’re earning a little less than $100,000 a year, you can still find a starter nest. A study being published Friday by real estate […]
central toronto real estate
Downtown Railway track space could become Toronto’s ‘Central Park’
In toronto real estate, a bold new legacy park pitched by public officials for the downtown core, being dubbed Toronto’s Central Park, would link long-separated neighbourhoods and provide much needed green space. That’s the hope of Mayor John Tory, local politicians and senior planning officials in the newly announced attempt to secure the rights […]
Ontario may consider Vancouver-style tax on Greater Toronto Area homes
In toronto real estate, with concerns rising that a new housing tax in Vancouver could further drive up prices in the Greater Toronto Area’s already hot real estate market, Ontario’s finance minister isn’t ruling out a similar tax here. “Our government understands the importance of concerns related to housing affordability and ensuring a stable […]
Toronto housing market is spooked by Vancouver real estate tax
In toronto real estate, Toronto’s red-hot real estate market could get even hotter as foreign nationals looking to dodge a new 15 per cent tax on properties in Vancouver seek new places to invest, realtors say. The Vancouver real estate tax, which takes effect Tuesday, was introduced by the British Columbia government with the […]
Renters are causing demand in new Toronto highrise construction
In Toronto real estate, a study by real estate consultant Urbanation and obtained by CBC News shows much of Toronto’s high rise construction in 2016 is being fuelled by demand from renters who are either unable or unwilling to pay record prices for real estate. It’s a significant change from the previous decade’s boom, which was spurred primarily by […]