Tag: Ontario real estate
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Ontario Condos Are One-Third Smaller Than They Used To Be – But Cost Way More
Ontario condos have gone through a major transformation over the past four decades, and not in a way most buyers would expect. New data shows that condo units across the province have shrunk roughly one-third in size since the 1970s, even as prices have climbed to record levels. The trend, often called “shrink-flation,” has become a defining feature of…
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Halton Region Just Ranked the Safest Place to Live in Ontario Again – Here’s Why It Keeps Winning
New crime data from Statistics Canada shows Halton Region is once again the safest place to live in Ontario, topping the charts for low crime severity for 17 straight years.
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Ontario Increasing Funding for Housing-Enabling Infrastructure
Ontario Premier Doug Ford has announced an additional $1.6 billion in funding for municipalities to support housing-enabling infrastructure projects. The funding boost is aimed at accelerating housing development across the province, particularly as Ontario struggles to keep pace with its ambitious homebuilding targets. $1.6 Billion for Housing Infrastructure The announcement was made at the Association…
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You can buy an entire ski resort 1 hour outside of Toronto for $2.5M
If the $1.7 million price tag for an average detached home in Toronto doesn’t quite hit the mark, why not consider adding an extra $800k for something truly unique—a former ski resort just over an hour north of the city. Nestled at the end of a quiet country road near Orangeville, Ontario, this 75-acre property,…
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Buying vs. Renting in Ontario: What Makes More Financial Sense in 2024?
As Ontario’s real estate market continues to evolve, the age-old question of whether to buy or rent has never been more relevant. With property prices fluctuating and interest rates affecting mortgage affordability, the decision between buying and renting can have significant financial implications. To help navigate this complex decision, we’ve gathered insights from financial planners…
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Ontario Cottage Owned by Royal Family Member Listed for $10.5M
A stunning cottage owned by a relative of Princess Diana has just been listed on the real estate market — not in the U.K., but right here in Ontario. The luxurious 3+2-bedroom, five-bathroom property, more akin to a designer vacation home than a rustic cabin, is priced at an impressive $10.5 million. This price reflects…
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Bank of Canada Expected to Cut Rates This Week, Experts Say
The Bank of Canada will announce its latest interest rate decision this Wednesday, with many experts predicting a second consecutive reduction in borrowing costs. Economic Signals and Market Predictions Anticipation is high as the central bank prepares to make its decision, especially with new surveys indicating that many Canadians burdened by debt are hoping for…
Canada Housing Market 