The average home in Toronto is now worth $1,155,345. This is up +19.3% compared with last year. Everything, including condos are going up and up. As I was saying before, the #1 thing you need to do as a renter is to get into your first property. Condos are increasing $50k-$70k per year, so every year, it gets harder to qualify. Similarly, if you are upgrading, detached homes are appreciating...
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With an average price of $1,155,345 across the GTA, there was an increase of +19.3% compared to last year.
The market is going crazy and this recently sold house in Creditview, Mississauga has a lot to teach! As the property description says, this "Property in very poor condition unsafe to show. All utilities on the property have been disconnected." Still, it sold in 4 days for $56,000 OVER ASKING for almost $1,000,000 and you couldn't even go inside! Sure, the market is hot, but there is another...
With an average price of $1,155,345 across the GTA, there was an increase of +19.3% compared to last year.
The difference between owning a home and renting is about $4,000 per month. Is that scary? Is that even true? In the past 4 years, the average price of condos have gone up about $200,000. That's $50,000 / year. Average Condo Sale Prices For many, the question is whether you can afford a home. Let's look at the numbers: 1-bedroom condos in Toronto rent for $2,000 month.The monthly...
If you want to renovate your home just to sell for more money, chances are, you won't make your investment back. However, if you want to renovate so that your family can enjoy your home, that's a completely different story! (Plus if it's for your own home, the profit is tax-free!) As an added service to our clients, we are happy to provide input on what's selling best and and what's popular out...
Labour Day traditionally marks the end of the slower Summer market into the faster-paced Fall Market and this year was no exception. The average price for a home is $1,136,280 which is an increase of +18.3% compared with last year. View the September 2021 Report Most single-family homes, such as townhouses, semi-detached and detached houses have been selling successfully with multiple...
With an average price of $1,070,911 across the GTA, there was an increase of +12.6% compared to last year.
Because of supply and demand, multiple offers will be here for quite some time. Understanding how to navigate the bidding process is critical to getting a good price. You are probably thinking that only the highest price will win. Based on my experience, this is often true, but I have seen many cases when it isn't. Here are 3 tips to winning multiple offers: 1. Don't Compete This is always...
https://www.youtube.com/watch?v=raS07mwW6mE Should You Buy a Ccondo with Kitec Plumbing? If you bought a condo built between 1995 and 2007, there is a good possibility that there is Kitec plumbing in the building. What is Kitec Plumbing and should you be concerned? Kitec plumbing was used at the time because it was cheaper than copper. Unfortunately, it had a tendency to corrode and so there was a $125...