If you’ve ever searched for condos in the Toronto or GTA area without putting a lower limit filter on price, then you’ve probably seen some “crazy deals” of 2, 3, and even 4 bedroom condos for sale listed under $250,000. The units are sometimes even completely renovated like new flooring, brand new kitchens and […]
toronto condo buyer
Toronto Lawyer charged with failed to return $15 million in condo deposits of buyers
In toronto real estate, a lawyer has been arrested and charged with fraud on allegations that about 150 North York condo buyers were swindled out of $14.9 million in deposits for a building that was never constructed. Meerai Cho, 63, Toronto lawyer, was slapped with a combination of 75 charges for fraud, possession of […]
Renters are causing demand in new Toronto highrise construction
In Toronto real estate, a study by real estate consultant Urbanation and obtained by CBC News shows much of Toronto’s high rise construction in 2016 is being fuelled by demand from renters who are either unable or unwilling to pay record prices for real estate. It’s a significant change from the previous decade’s boom, which was spurred primarily by […]
For $1 million, you get these type of condos in Toronto
In toronto real estate, the $1 million condo in Toronto ain’t what it used to be. You’d think this benchmark price would get you boast-worthy pad with lots of luxury features and amenities, but some of the listing out there are downright pedestrian, particularly those located in high demand neighbourhoods. Read it and weep, […]
CMHC says there Is no risk of 1980s-style condo bubble in Toronto
In toronto real estate, most Toronto condominium projects do not begin construction until 70 per cent of units are sold, curbing the risk of speculation, CMHC said on Tuesday in a report that suggested overbuilding fears may be overdone. A prolonged Canadian housing market boom, particularly in the two major markets of Toronto and […]