New Construction Blog : Townhomes & Condo New The Latest, Top Articles in Canada
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Real estate investments in Canada have long been considered a good choice for several reasons, such as: the country’s stable economy, strong property appreciation rates, and consistent demand in major cities. Hence, buying property is considered a reliable way to build long-term wealth. Pre-construction condos in Canada are your best investment options for several reasons […]
Smart strategies, risk management, and a lot of patience are keys to building a thriving real estate portfolio in Canada. Jack Daniel Bernstein built a $7-million portfolio at 28 – by using innovative real estate investment approaches like house hacking and the BRRRR method. Here, we will discuss his methods and all the other great […]
Thinking about buying a home? The First Home Savings Account (FHSA) is developed to assist you in saving for your first house. All you need to know about the FHSA, especially if you’re considering buying pre-construction homes and condos. What is the First Home Savings Account (FHSA)? The Canadian government introduced the First Home Savings […]
The Mississauga real estate market saw notable activity and growth in May 2024. According to the Toronto Real Estate Board (TRREB), listings increased significantly compared to both last year and the previous month. This is the reason that homeowners are optimistic about the spring market, expecting higher demand for housing. Pre-construction homes in Mississauga have […]
If you want to put your condo for rent in Toronto, here are some of the best places to list it, along with why they are effective for maximizing visibility and attracting potential tenants: 1. MLS (Multiple Listing Service) •Why: MLS is the primary real estate database used by agents across Canada. It syndicates listings […]
The current real estate market in Toronto shows a mixed picture, with some trends favoring both buyers and sellers. Here are the key points: 1. Price Trends: As of mid-2024, the average home price in Toronto is around $1.19 million, with a 3.6% increase month-over-month but a slight decrease of 0.3% year-over-year . Some areas […]
“Owning a home is a keystone of wealth—both financial affluence and emotional security.” ~ Suze Orman Prime Minister Justin Trudeau and his Liberal government’s federal budget has unveiled significant changes and proposals, especially for pre-construction homes and the housing sector in general. With the unveiling of the $480.5 billion federal budget for 2024, housing has […]
Investors seeking commercial real estate rental properties with healthy cash flows have several methods for evaluating market opportunities. One of the simplest, back-of-the-envelope calculations is the cap rate. Although it is not the only metric to consider before committing to a transaction, it remains a valued tool in every investor’s due diligence toolkit. Cap Rate: […]
Toronto rental rates are projected to drop in the coming months, leaving landlords feeling the pressure. As we dive into the annual pre-rental season update, the data points towards a decrease in rental rates as we enter the spring and summer season. A combination of factors, including reduced population growth, excess supply, and challenging economic […]
The GTA condo market is a complex and ever-changing landscape that requires careful analysis to navigate successfully. Whether you’re a buyer or seller, understanding the current trends, prices, and insights is crucial to making informed decisions. In this post, we’ll take a closer look at the GTA condo market, examining prices, trends, and what it […]
Many people aspire to buy buying pre-construction homes in Canada for various reasons. Some want to benefit from rising property values. Some look forward to a chance to customize their dream homes from the ground up. However, such endeavors are fraught with unique legal challenges. What if construction delays happen? What if some unexpected costs […]
Toronto’s condo market is experiencing a significant slowdown, with sales plummeting to levels not seen since the global financial crisis. The latest report from Urban Nation reveals a gloomy picture for pre-construction sales, with projects only 50% pre-sold on average, down from 61% a year ago and 85% two years earlier. As a result, more […]
