Two new home decor brands have entered the Canadian market, opening stores across the Greater Toronto Area (and, in some cases, beyond) this year. Fox Home was the first to announce its expansion plans in late May. Stores carry an…
Landlords of residential units will be able to raise their tenants’ rent by 2.5% again in 2024. The Ontario government approved the increase in June. Tenants of ‘rent-controlled’ units are subject to a 2.5% increase this year, too. While the 2024-approved…
Toronto’s mayoral byelection is just days away, and the race to replace John Tory is heating up. For those planning to cast their ballot on June 26, here’s where the top candidates stand on housing and their main promises. Ana…
After a runaway surge in housing prices during the first two years of the COVID-19 pandemic, the Toronto real estate market took a dive in 2022, as interest rates rose alongside the cost of living. Consecutive rate hikes by the…
The rush on recreational real estate is over. After demand for cottages reached a feverish pitch in 2021/2022, due to the pandemic and people’s ability to work from anywhere outside the office, buyers are shying away from properties in recreational…
Car thefts are on the rise in Toronto, with more than 8,000 vehicles stolen in 2022. That’s an increase of 43% from 2021, when approximately 5,600 were snatched by thieves. While some cars are targeted more than others, there are…
The entire country has seen home prices fall dramatically over the past year since the Bank of Canada started its aggressive hike of interest rates. Ontario has experienced some of the largest price drops, though there is great variability across…
At the start of 2023, several new government policies impacting buyers and sellers came into effect. Here is a breakdown of three of the most noteworthy. Foreign Buyer Ban Non-Canadians are prohibited from purchasing residential properties, including detached and semi-detached…
Toronto city council has approved the highest property tax increase for homeowners since the city’s six boroughs amalgamated in 1998. The 5.5% residential tax hike will amount to an additional $183 for the average Toronto household, says the City. However,…
The federal government is now offering a tax credit to those who wish to add a secondary suite to their homes for the purposes of allowing an immediate or extended family member to live with them. The multi-generational home renovation tax credit took…
Clare Tattersall
Sales Representative
Direct: 647.625.3282
Office: 416.762.8255
Email: clare@realtorontowest.com
Royal LePage Real Estate Services Ltd., Brokerage
2320 Bloor St. W., Toronto, ON M6S 1P2
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