Tag: investing
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Here’s how long you need to save to afford a home in Ontario

As home prices continue to soar across Ontario, the prospect of homeownership becomes increasingly elusive for young renters. Despite a strong desire to own a home, many face daunting timelines—spanning years or even decades—before they can save enough for a down payment. A new study by real estate marketplace Point2Homes highlights this challenge, revealing that…
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New report finds that the average Canadian family spends more money on taxes than basic necessities.

The latest edition of the Canadian Consumer Tax Index highlights a concerning trend: the tax burden on Canadian families has surged dramatically, with a staggering 2,705% increase in total taxes from 1961 to 2023. This rise is stark when compared to other essential expenditures such as shelter, food, and clothing, which have increased by 2,006%,…
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Why Canada’s #1 Real Estate Podcast is a Must-Listen

If you’re a Canadian real estate investor or aspiring to become one, there’s a podcast you need to tune into—The Canadian Real Estate Investor. Hosted by seasoned experts Daniel Foch and Nick Hill, this podcast has quickly become the go-to resource for anyone looking to navigate the complexities of the Canadian real estate market. About…
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Canada’s Most Affordable Cities in 2024

As housing affordability continues to be a major concern in Canada, many are looking for cities where they can buy a home without breaking the bank. Based on a Royal LePage report, here are the most affordable cities in Canada for 2024, listed with their key affordability metrics. 1. Thunder Bay, Ontario Aggregate Price Q1…
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Here are the GTA’s hottest neighbourhoods for bidding wars right now

Toronto’s real estate market is poised for a rebound in the latter half of 2024, as easing interest rates encourage previously hesitant buyers to re-enter the market. This resurgence is marked by the return of bidding wars, particularly in the Greater Toronto Area (GTA), signaling a significant uptick in competition and overbidding incidents across numerous…
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Here’s how home prices compare to living costs in Canada

In recent years, the squeeze on affordability has become increasingly evident, with everything from daily groceries to housing costs witnessing significant upticks. This trend necessitates higher earnings for families to maintain a basic standard of living. Among these, housing stands out as one of the heftiest expenses, although the cost of various other goods and…
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Elevate Your Investment Property’s Value

Image by benzoix on Freepik Investment properties can be a lucrative source of income, but to maximize your return on investment (ROI), you need to ensure that your property is appealing to potential tenants or buyers. One effective way to boost your ROI is by giving your investment property a facelift. In this article shared…
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Here’s your chance to buy a hotel and male strip club in Etobicoke for $12.6M

Have you dreamed of owning your own male strip club and hotel in Toronto? Well here’s your chance! Priced at $12.6 million, this property combines a boutique hotel and five retail units, promising investors a chance to earn nearly $800k in rental income annually. This complex isn’t just any investment—it’s a diverse venture in one of…

