In central toronto real estate, buyers in several insolvent Urbancorp projects have lost their bitter fight to convince a court to let them complete the purchase of their homes. On Thursday, an Ontario Superior Court judge approved the sale of six Urbancorp development sites in the Greater Toronto Area to five different buyers – […]
toronto condo buyer
CMHC says no 1980s style condo bubble in Toronto high-rise condo market
In toronto real estate, Canada Mortgage and Housing Corp. says that there is very limited speculation in the condominium industry in Toronto among builders, a situation unlike the 1980s when the market crashed. In a report out Tuesday, CMHC, the Crown corporation that guides Ottawa on housing policy, noted that 79 per cent of […]
Renters causing demand for 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 […]
218 Queens Quay W., Toronto – large condo with Harbourfront location sold
218 Queens Quay W., No. 1602, Toronto ASKING PRICE $685,000 SELLING PRICE $730,000 TAXES $3,609 (2015) DAYS ON THE MARKET Three The Action: Last year, the Waterclub community had three 2-bedroom suites for sale simultaneously, so this upper-level version didn’t fare well for months sharing the spotlight. To give it a […]
Toronto House Hunters Fear Being Priced Out Of Market – Survey
Toronto real estate market is more competitive than ever, with home prices continuing to rise in major cities. In fact, a recent TD survey found 19% of new homeowners in cities such as Vancouver and Toronto listed their fear of being priced out of the market as a top consideration before making buying their […]
