The recently released federal budget has addressed several housing issues that have been plaguing Canadians from coast to coast. Here’s a summary of the initiatives intended to make owning a house in Canada more accessible and affordable: 1. Budget 2022 proposes to introduce the Tax-Free First Home Savings Account that would give prospective first-time home…
There was a time that investors wouldn’t dream of buying an income property unless it was a five cap. Nowadays that number can drop to under three. My clients who buy duplexes and triplexes for investment only (not to live in), often ask me what is an acceptable cap rate in the City of Toronto…
This article is courtesy of Evan Wright, Plex Realty Sales Representative Is the Hamilton real estate market still worthy of consideration? Outlier communities are attractive to both real estate investors and first-time home buyers alike. There are several standard reasons for this, but one of the most prominent ones is that people are not necessarily…
Relevant duplex, triplex, and multiplex sales from the past 90 days
Year on year sales much higher
Sellers can decide if they want an Open House or not.
Realtors rally around call for inclusion and understanding
Toronto real estate prices forces buyers into more affordable markets
Hosts will have to register with the city.
Imagine if you could turn your rear garage into a rental suite to bring in a few extra dollars each month. Not only is your garage for your car, bike, or old stuff but it can also now be for people. In an effort to combat the current housing crisis, the City of Toronto does…
CEO of the Ontario Real Estate Association, Tim Hudak, introduces a new program to modernize the current real estate act. (REBBA)