Tag: canada
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Toronto is now the 2nd most expensive city to rent in Canada
Toronto has recently risen to become the second most expensive city for renters in Canada, trailing only behind Vancouver. Despite slight decreases in the average rental prices for one- and two-bedroom apartments in Toronto compared to the previous month and year, the city has managed to surpass Burnaby, B.C., in terms of rental costs, amidst…
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Here’s what you can get for under $600/month rent in Toronto
Online discussions, especially on Reddit, have spotlighted unique rental listings in Toronto and Ontario, such as shared rooms and beds in kitchens. These listings underscore the tough realities of the current housing market, reflecting the pressing issues many face in finding affordable living spaces in the region. Here are 6 recent listings in Toronto $600…
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Toronto Surpasses Housing Goals and Secures $114 Million Boost from Ontario
In a significant achievement for housing development, Toronto has exceeded its 2023 housing targets, earning a commendable $114 million from Ontario’s Building Faster Fund, announced by Premier Doug Ford on February 22. The city not only met but surpassed its goal by initiating 31,656 new constructions last year, a remarkable 51% above the target of…
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Bank of Canada to slash interest rates in half by end of 2025, predicts Desjardins
In a move anticipated to bring significant financial relief to Canadians, the Bank of Canada is gearing up to initiate a series of interest rate reductions starting this spring. According to Desjardins Group, this strategic adjustment aims to alleviate the economic strain experienced by many, marking a shift towards more accommodating monetary policy. Desjardins Group’s…
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10 fun FREE things to do in Toronto this winter
Looking for something fun to do in Toronto that won’t break the wallet? Despite Toronto’s reputation for being one of the most expensive cities in Canada, especially when it comes to finding a place to live, there’s still plenty of fun to be had that won’t strain your finances. In this guide, we’ve put together…
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Here’s What $1M Homes Look Like Across Canada
Although $1 million may fall below the average home price in major Canadian real estate markets such as Toronto and Vancouver, this budget can offer an exceptional range of properties in many other cities across the country. From coast to coast, a $1 million budget can provide access to a diverse selection of properties, such…
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This 1+1 bedroom home just sold for $846,000 in Toronto and everyone is freaking out
A recent property sale in Toronto has left residents questioning the state of the city’s housing market. Despite selling for less than its asking price and significantly below $1 million—a rarity for a detached home in Toronto—the size of the house has ignited discussions on the steep prices in the real estate market. The home,…
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You can buy an entire apartment building in the desirable Port Credit, Mississauga for $3.6M
There’s a special investment opportunity waiting in Port Credit at 314 Lakeshore Rd. W. This property is different from others because it has eight empty apartments. This means new owners can decide how much rent to charge based on what people are paying now, which could lead to making more money. The building combines old-time…
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Canada extends the ban on foreign home buyers to 2027 amid housing affordability crisis
The Canadian government has recently announced an extension of the foreign ownership ban on residential properties, a move aimed at addressing the country’s escalating housing crisis. Initially implemented on January 1, 2023, this ban prevents foreign businesses and individuals from buying homes in Canada. Originally set to expire on January 1, 2025, the ban is…
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Here’s what homes you can buy for under $400k across Canada right now
Looking to buy a home in Canada for under 400k? This article explores the available options across different provinces and territories. From a shoebox in Toronto, to a 8 bedroom waterfront home on the East Coast, let’s explore what you can purchase in the $300-400k price range across Canada. Toronto, Ontario– $399,888 Address: #1805 -150 SUDBURY…
Canada Housing Market 