Overview: an in-depth look at the federal government’s proposed capital gains tax hike and its potential impacts on the GTA housing market. One of the biggest and most controversial proposals is increasing the capital gains inclusion rate. What exactly are capital gains? And what’s an inclusion rate? And how do…
Tag: investors
January 2023 Interest Rate Hike & Forecast
Overview: a look at the January 2023 interest rate hike, including its impact on Toronto home sales, prices, inventory and mortgages, plus predictions for future rate increases. On January 25, the Bank of Canada (BoC) raised its overnight lending rate by 25 basis points to 4.50%. Although that was the…
2022-2023 GTA Housing Market Review & Forecast
Overview: a look back at the 2022 GTA housing market and predictions for 2023. Topics include home sales, prices, inventory, interest rates, inflation, mortgages and more. 2021 saw a buying frenzy due to record-low interest rates. 2022 saw a sharp drop in home sales and prices after multiple rate hikes….
35 Woburn Ave – 3 Bedroom House Ready For Renovation – SOLD
Overview: 35 Woburn Ave is a 3-bedroom, 1-bath semi-detached house in Toronto’s Lawrence Park neighbourhood that’s ready for renovation. Address: 35 Woburn Ave, Toronto, ON M5M 1K5 Neighbourhood: Lawrence Park Parking: N/A # of Storeys: 2 Size: 1,968 sq. ft. Lot Size: 21.5 x 125 ft. Rooms: 3 bedrooms +…
27 Granby St – Dream Renovation Property – SOLD
Overview: 27 Granby St. Semi-detached house with solid red-brick exterior, parking, and corner location in the Yonge-Dundas Corridor. Perfect for renovators and builders! Address: 27 Granby St, Toronto, ON M5B 1H8 Neighbourhood: Yonge and Dundas Corridor Parking: 2 spaces # of Storeys: 3 Size: 2,186 sq. ft. Lot Size: 15.83…