Central Toronto Real Estate TRREB Released September, 2021 Resale Market Figures September 2021 mаrkеd the trаnѕіtіоn from the slower ѕummеr mаrkеt tо thе buѕіеr fall mаrkеt in thе Grеаtеr Toronto Area (GTA). Evеrу уеаr, we generally see аn uрtісk іn ѕаlеѕ, average ѕеllіng price аnd lіѕtіngѕ аftеr Lаbоur Dау, and Sерtеmbеr 2021 wаѕ […]
central toronto real estate
Public transit affects new condo constructions and home values in Toronto
In toronto real estate, the Cosmos development is part of a residential building boom tied to Toronto’s new transit lines. These are the kinds of homes that planners and developers say will blur the line between urban and suburban living. Public transit access boosts property values, and is increasingly a must-have for GTA homebuyers. […]
Steps after a failed agreement of purchase and sale
In toronto real estate, buying a home can be very stressful and complicated with all the paperwork, acknowledgements, representations and agreements that are required, as well as the normal process of due diligence that most buyers and some sellers want to include. As a buyer, you normally enter into an agreement of purchase and […]
CMHC says there Is no risk of 1980s-style condo bubble in Toronto
In toronto real estate, most Toronto condominium projects do not begin construction until 70 per cent of units are sold, curbing the risk of speculation, CMHC said on Tuesday in a report that suggested overbuilding fears may be overdone. A prolonged Canadian housing market boom, particularly in the two major markets of Toronto and […]
Beware Of The Principal Residence Exemption Pitfalls In Canada
In Toronto real estate, when a person sells her home, thanks to the Principal Residence Exemption, she isn’t usually taxed on capital gains. Similarly, if a principal residence is owned when a taxpayer dies, the residence will not attract a tax liability realized from the deemed disposition of assets. But, as Keith Masterman, LLB says, […]