Toronto Waterfront – An Overview Did you know Ontario means “beautiful lake” in Iroquois? In fact, the province is named after Lake Ontario, with the Waterfront occupying 46 of its 1,020 km shoreline. This is where you’ll find sandy beaches, lush greenery, fashionable restaurants, and luxurious condos offering gorgeous lakeside views….
Tag: ontario
Rising Interest Rates: Everything You Need To Know
Understanding The New Interest Rate Hike The Bank of Canada recently raised its key overnight rate by 25 basis points to 1.5%. Big banks like TD and BMO also followed suit, increasing their prime lending rate to 3.70% So how does this affect Toronto’s real estate market? The short answer: positively….
Toronto and GTA Summer Housing Market Overview 2018
The state of Toronto’s condo market for summer 2018 is hot. And, like summer, it’s only going to get hotter…. Some quick (yet revealing) facts: The average price of a downtown condo is currently $673,537 The average days on market for a downtown condo is 16 Overall sales prices have…
Downtown Toronto’s Condo Market – Spring 2018 Overview
Spring Thaw After months of cold weather and cool sales, Toronto’s housing market is once again heating up—just in time for spring. Properties in the downtown area are seeing an uptick in offers, while demand for GTA real estate keeps growing. According to The Star, “the real estate industry is…
Ontario’s Standard Lease Agreement: Everything You Need To Know
Understanding The New Agreement Starting April 30th, Ontario’s new standard lease agreement goes into effect. The new agreement applies to condos, apartments, single and semi-detached houses. So why is it a big deal? Because until now the province has lacked a standardized form, meaning rental agreements can differ wildly from…