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New Rent control rules could mark return to sky-high rent increases for Toronto tenants

December 4, 2018 by Central Toronto Real Estate Blog

New Rent control rules could mark return to sky-high rent increases for Toronto tenants

Toronto housing   New Rent control rules could mark return to sky-high rent increases for Toronto tenants   With new Rent control rules and the province of Ontario scrapping rent control for new units across Ontario as of November 15, 2018, affordable housing advocates are warning that the changes could mark a return to sky-high […]

Filed Under: Toronto Business Posts, Toronto Buyer Posts, Toronto Personal Finance Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: affordability, affordable, affordable housing, affordable rental, fall economic statement, home affordability, new Housing Supply Action Plan, new Rent control rules, new units, newly-built rental units, newly-converted rental units, Ontario Landlord and Tenant Act, Ontario rental supply, Ontario rental supply problem, rent affordability, rent control, rental affordability, rental construction rate, rental regulation loophole, rental units shortage in Toronto, scrapping rent control, sky-high rent, sky-high rent increases, Toronto housing affordability, Toronto landlords, Toronto renters, Toronto tenants

Central Toronto Real Estate TREB October, 2018 Resale Market Watch Report

November 18, 2018 by Central Toronto Real Estate Blog

Central Toronto Real Estate TREB October, 2018 Resale Market Watch Report

Central Toronto Real Estate TREB October, 2018 Resale Market Watch Report   Greater Toronto, November 5, 2018 – TREB October, 2018 Resale Market Watch Report. Toronto Real Estate Board President Garry Bhaura announced year-over-year increases in home sales and average sale prices reported through TREB’s MLS® System in October 2018.   Greater Toronto Area REALTORS® […]

Filed Under: Toronto Buyer Posts, Toronto Mortgage Posts, Toronto News Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: 2018, Downtown Toronto Real Estate Market, Greater Toronto Area Real Estate Market, GTA market, How Is Toronto Real Estate Market, Real Estate Agent Market Toronto, real estate market, resale, Toronto Home Sales October 2018, Toronto Real Estate Board Market News, Toronto Real Estate Board Market Watch, Toronto Real Estate Chart, Toronto Real Estate Gta, Toronto Real Estate Market Analysis, Toronto Real Estate Market October, Toronto Real Estate Market Watch, treb

Interest Rate goes up adding to homebuyers’ challenges, more first-time buyers will not qualify

October 25, 2018 by Central Toronto Real Estate Blog

Interest Rate goes up adding to homebuyers’ challenges, more first-time buyers will not qualify

  The interest rate up and third Bank of Canada rate hike this year could shut more first-time buyers out of the Toronto region’s housing market. It will increase hundreds of dollars to some homeowners’ challenge mortgage payments. More first-time buyers may not qualify for mortgage.   The central bank has raised its key lending […]

Filed Under: Toronto Buyer Posts, Toronto Mortgage Posts, Toronto Personal Finance Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: 5-year bank rate, bank of canada, buyer, first-time buyers, first-time home buyer in toronto, fixed rate, higher interest rates, home buying, homeowner, housing mortgage, interest, mortgage, mortgage financing, mortgage lender, mortgage qualifying, mortgage rate, mortgage stress test, quality, rising interest rate, stress test, toronto buyer, toronto home buyer, toronto housing interest rates, toronto mortgage, variable rate

Defective Kitec pipes can cause big repair cost for Toronto home and condo owners

October 21, 2018 by Central Toronto Real Estate Blog

Defective Kitec pipes can cause big repair cost for Toronto home and condo owners

Kitec pipes were used across the city a decade ago, but they quickly corrode and can cause flooding   Kitec plumbing — a plastic pipe with an aluminium lining — was introduced to the market in 1995.   Back in 1995, Kitec was considered an innovation and used in condominiums, homes and commercial buildings in Toronto and […]

Filed Under: Toronto Buyer Posts, Toronto Neighborhoods Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: central toronto real estate, Class action lawsuit, Class action lawsuit against Kitec, Class action lawsuit against Kitec pipes, condo board, corrode, Defective, flooding, Kitec pipes, Kitec pipes corrode, Kitec pipes fail, Kitec pipes in toronto, Kitec pipes in toronto condos, Kitec pipes in toronto homes, Liberty Village, Plumbing, property manager, repair cost, replacing Kitec pipes, toronto condo buyer, toronto condo owner, Toronto condo owners, toronto home buyer, Toronto home owner, Toronto home owners, toronto real estate, Yonge and Sheppard

75 Haddington Ave, Bedford Park, Toronto had multiple bidders, Sold for $2,000,000 in October, 2018

October 19, 2018 by Central Toronto Real Estate Blog

  75 Haddington Ave., Toronto Selling price: $2-million Previous selling prices: $1,289,000 (2013); $910,000 (2009) Realty Taxes: $8,849 (2017) Days on the market: 7   The home has a joined open eat-in kitchen and family room and finished maple hardwood floors.   On a residential street just east of Avenue Road, there were two properties listed in […]

Filed Under: Central Toronto Homes Sold Posts, Toronto Buyer Posts, Toronto Neighborhoods Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: bedford park homes, Bedford Park Homes For Sale, bedford park homes for sale toronto, bedford park houses, bedford park houses for sale, bedford park houses for sale toronto, bedford park luxury homes for sale, bedford park luxury homes for sale toronto, bedford park luxury houses for sale, bedford park luxury houses for sale toronto, bedford park luxury real estate, bedford park real estate, bedford park toronto homes for sale, bedford park toronto houses for sale, bedford park toronto luxury homes for sale, bedford park toronto luxury houses for sale, central toronto home sold, central toronto homes for sale, central toronto luxury homes for sale, central toronto luxury real estate, central toronto real estate, homes for sale in bedford park, homes for sale in bedford park toronto

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