Category: Uncategorized
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70% of GTA Homes Sold Below Asking Price in June, Report Shows

The summer real estate season kicked off on a cooler note in the Greater Toronto Area (GTA), with the majority of homes selling for less than the listed price, according to new data from Canadian real estate platform Wahi. In June 2025, 71% of all GTA home sales were below asking price. And in a…
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What Your Favorite TV Homes Would Cost in Toronto (It’s Painful)

Ever watched a classic TV show and thought, “How are they affording that place?” You’re not alone. Let’s take a few of the most iconic homes in television history and compare what their equivalents would cost in Toronto today. Spoiler: it’s not pretty. 1. Monica & Rachel’s Apartment – Friends Let’s be real- Monica was…
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Toronto’s Homeless Population More Than Doubled Since 2021, New Report Finds

By Kaley Langille | July 20, 2025 Toronto’s homelessness crisis has escalated sharply, with the number of unhoused individuals more than doubling between 2021 and 2024, according to the city’s latest Street Needs Assessment. The survey, conducted in October 2024, estimates that over 15,400 people were experiencing homelessness in Toronto-up from just 7,300 in April…
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Mississauga Named Canada’s Happiest Big City Despite Ontario’s Low Ranking

In a surprising twist, Mississauga has been crowned Canada’s happiest large city, even though Ontario ranks among the least happy provinces overall, according to a recent Leger Happiness Index report. The nationwide study, which surveyed nearly 40,000 Canadians aged 18 and over, ranked Mississauga first among Canada’s 10 largest cities with an average happiness score…
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Canadian Airbnb Hosts Could Owe Thousands in HST When Selling Their Homes | 2025 Update

If you’re a Canadian homeowner using Airbnb, Vrbo, or other short-term rental platforms, you could be facing a massive tax bill when it comes time to sell your property. A ruling from the Tax Court of Canada confirms that homeowners who frequently rent out their properties for short stays may now owe 13% HST on…
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Ontario’s Most Expensive Neighborhoods: Where the Elite Reside

Ontario is home to some of the most expensive neighborhoods in Canada, attracting wealthy individuals and families from around the world. These neighborhoods offer luxurious homes, top-rated schools, and exclusive amenities that cater to the elite. If you’re looking for a high-end lifestyle, here are Ontario’s most expensive neighborhoods to consider: Forest Hill, Toronto Forest…
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Here’s the Minimum Salary Needed to Afford a Home in Toronto Right Now

Despite record listings and slowing sales, housing affordability in Toronto continues to worsen, according to a new report by Ratehub.ca. Based on May 2025 average home prices and current mortgage rates, a household would need to earn $206,500 annually to afford a typical home in the city. Toronto Home Prices Still Among the Highest in…
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Asking Rents in Montréal Surge Nearly 71% Since 2019

A new report reveals that Montréal has experienced one of the largest increases in average asking rents among Canadian cities, with a 70.8% rise between Q1 2019 and Q1 2025. The average rent for a two-bedroom apartment in Montréal grew from $1,130 to $1,930 during this period. Secondary Cities See Even Sharper Rent Increases While…

