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My Blog

30th
Jan

What’s Happening With Toronto Rent Prices?

Posted by Nicholas Searle on 08:03 AM

TREB announced its rental market report for the end of 2017, based on leases reported by Greater Toronto REALTORS® through TREB’s MLS® System. The average rent for a one-bedroom condo was up by 10.9% from last year to $1,970! The average two-bedroom condo rent was up by 8.8% over the same period to $2,627. This may be an issue of supply and demand.

As the population in the GTA continues to grow, the demand for rental accommodation also rises. In the recent years, no ma...



20th
Dec

Non-resident Ownership of Residential Properties in Toronto

Posted by Nicholas Searle on 09:15 AM

After the Ontario government imposed a 15 percent tax on foreign buyers of Toronto property in May 2017 and everyone has been eager to see the impact. To study the effect, a collaborative project was begun between Statistics Canada and the Canada Mortgage and Housing Corporation (CMHC).

The results are now analyzed, and it appears that the percentage of homes owned by foreigners in Toronto and Vancouver is much lower than what people assumed. The new data shows that non-residents ow...



19th
Sep

Top “Eco-Friendly” Downtown Toronto Condos

Posted by Nicholas Searle on 10:55 AM

Do you want to live in a condo that is “eco-responsible? The gold standard in “green planning” and implementation for condos is LEED certification (Leadership in Energy and Environmental Design). Check out our list of favourites!

1.The Berczy (55 Front St. E.)

Situated in the heritage neighbourhood of St. Lawrence Market, this luxury boutique condo built by Concert is Certified LEED Platinum. The Berczy has a sustainable design that includes heritage pres...





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