Tag: real estate
-
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…
-
Here’s how much Canadian home prices have changed in the last decade
Canada’s real estate market, particularly in Toronto, has witnessed a tumultuous decade, marked by an unusual combination of dwindling sales, fluctuating prices, and persistent overvaluation. Despite these challenges, home prices have continued their steep ascent, defying expectations and economic pressures. A recent report by Zoocasa offers a comprehensive look at this phenomenon, especially focusing on…
-
New website lets you search bad tenants and landlords in Ontario
In the dynamic Ontario rental market, making well-informed decisions has become crucial for both landlords and tenants. Addressing this need, Openroom, a pioneering platform, offers a unique registry that allows users to access court orders and make informed choices before signing rental agreements. This innovative tool is reshaping the rental landscape in Ontario, providing unprecedented…
-
$350/month rent gets you a single bed in the middle of a kitchen in Brampton
Rent prices in and around Toronto and the GTA have experienced some fluctuations in recent months. While affordability for residents may not have significantly improved, there have been some unique options popping up to save money. A recent listing in Brampton has been gaining attention, offering a room at the modest price of $350. This…
-
How much it costs to rent a 1 bedroom condo across Canada right now
In Canada, the cost of renting one-bedroom apartments varies widely from busy cities to quieter suburbs. This analysis examines these diverse rental prices across provinces and cities, giving potential tenants insights into housing affordability and options available across Canada. Here is the average cost monthly to rent a one bedroom in each city: Rentals in…
-
15 Richest Neighbourhoods in Toronto
Toronto is known as one of the most expensive cities globally, largely due to its upscale neighborhoods. The places to visit here often cost more than average, with living expenses in these areas sometimes reaching several million dollars. If you’re looking to buy a home in a wealthy community, here is a complete list of…
-
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…
-
Top 10 Cheapest places to live in Ontario with the Best quality of life
Ontario is known for its diverse natural landscape, which includes provincial parks, forests, and four of the five Great Lakes. As Canada’s second-largest province, Ontario has a real estate market that is relatively lively but somewhat more expensive compared to other provinces. However, similar to other Canadian regions, housing prices in Ontario vary from city…
-
Canada doubling cost-of-living requirement for international students
Canada’s Minister of Immigration, Refugees, and Citizenship, Marc Miller, recently announced plans to increase the financial requirement for incoming international students, effective January 1. The existing $10,000 requirement for study permit applicants has been in place since the early 2000s, but Miller highlighted that this hasn’t kept pace with the rising cost of living in…
-
How much it costs to rent a 1 bedroom condo across Canada right now
In Canada, the cost of renting one-bedroom apartments varies widely from busy cities to quieter suburbs. This analysis examines these diverse rental prices across provinces and cities, giving potential tenants insights into housing affordability and options available across Canada. Here is the average cost monthly to rent a one bedroom in each city: Source: Rentals.ca…
Canada Housing Market 