Landlords of residential units can raise their tenants’ rent by 2.5% next year, an increase not seen in a decade. The Ontario government approved the maximum allowable increase in June. The last time tenants of ‘rent-controlled’ units faced a 2.5%…
Two years ago, news of COVID-19 was just spreading around the world. Little did we know that the virus would soon uproot our lives and cool off Toronto’s hot real estate market. While it took some time for us to…
Following more than a year of record price appreciation, Greater Toronto Area (GTA) home values are expected to rise strongly again in 2022, albeit at a slower pace compared to 2021. Pent-up demand from buyers who were unable to purchase…
After a year of seeing no increase, most residential tenants should expect their rent to rise in 2022. The Ontario government has approved an up to 1.2% rent increase — the smallest increase for rent controlled units since 2014. This…
Few "city dwellers" inspire as much division among public opinion than the raccoon. Some people welcome the furry animals because of the popular belief they regularly eat rats and mice, which is actually a misconception. Others revile the dumpster divers,…
2020 was a roller coaster year with unpredictable ups and downs. The first quarter started off strong until the pandemic hit in mid-March. The province-wide shut down in spring resulted in historical low market activity; however, sales quickly rebounded in…
The housing industry was turned upside down in 2020. COVID-19 drastically changed the way people bought and sold real estate — they relied heavily on online tours and 360-degree walk-throughs to limit physical property visits, and in-person open houses were…
What was expected to be a banner year for Toronto’s condo sector ended on a low, with prices dipping 4.7% from December 2019. The average selling price for a condo apartment was $625,828 in December 2020, down from $656,233 the…
The Toronto Regional Real Estate Board has reported another month of sharp selling prices, defying COVID-19’s second wave. The average selling price for all home types combined in the Greater Toronto Area (GTA) rose 13.3% to $955,615 in November 2020,…
A clear split in Toronto’s real estate market emerged in October — one with buyers bidding up prices for homes in more suburban neighbourhoods at a record-setting pace, and another where buyers have their choice of condos as dwellers want…
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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