Tag: toronto real estate
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Bank of Canada Raises Interest Rate to 2.5% as Governor Warns Inflation Could Spread Across Canada
Canada’s central bank has raised interest rates for the first time in a year, bringing its benchmark rate to 2.5% as concerns grow over persistent inflation and rising energy prices. The Bank of Canada announced a 0.25 percentage-point increase to its policy interest rate on October 28, 2026, raising it from 2.25% to 2.5%. Governor…
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Nearly Half of New GTA Condo Sales Are Being Bought by Investors at Discounts of Up to 40%
Toronto’s struggling condominium market is seeing a surprising shift, with investment groups accounting for nearly half of all new condo sales across the Greater Toronto and Hamilton Area (GTHA) during the third quarter of 2026. According to the latest report from real estate research firm Urbanation, bulk investors purchased 339 new condominium units during Q3,…
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What You Can Get In Ontario At Different Budgets Right Now
What does $349,000, $750,000, $1 million or even $5 million actually get you in Ontario right now? The answer depends heavily on where you look. A budget under $500,000 can still get you into the market in parts of Ontario, while moving into the $700,000 to $1-million range opens up everything from GTA townhouses to…
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What $349K To $3.2M Gets You In Toronto’s Housing Market Right Now
Toronto’s housing market has everything from downtown condos under $400,000 to multimillion-dollar custom homes, and current listings show just how dramatically what you can buy changes depending on your budget. We found 13 Toronto homes currently on the market across a range of neighbourhoods and property types. The list starts with a $349,000 downtown studio…
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2026 Ontario Property Tax Rates By City: Here’s Where Homeowners Pay The Most
Property tax rates vary dramatically depending on where you own a home in Ontario. In some municipalities, the 2026 residential property tax rate is below 0.8%. In others, it is approaching or exceeding 1.8%. That can translate into thousands of dollars in difference every year for properties with the same assessed value. For example, a…
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The 5 Most Expensive Homes For Sale In Toronto Right Now
Toronto’s luxury real estate market has some seriously jaw-dropping listings right now, including sprawling Bridle Path estates, a Casa Loma mansion and one property asking nearly $50 million. As of September 23, 2026, current listing data shows several Toronto homes asking more than $20 million, with the most expensive residential listing priced at a staggering…
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These Ontario Housing Markets Have Seen Some Of Canada’s Biggest Price Drops
Home prices are still falling across several Ontario housing markets, and some cities are now seeing among the biggest year-over-year price declines in Canada. New data from the Teranet-National Bank House Price Index shows home prices fell from a year earlier in several major Ontario markets in August 2026, with declines approaching 9% in some…
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Toronto Homes Under $1 Million Are Becoming The Most Competitive
Finding a detached home for under $1 million in the Toronto area is still possible, but buyers looking in that price range may be facing some of the strongest competition in the market. New data from the Canadian Real Estate Association and Toronto Regional Real Estate Board shows that detached homes priced below $1 million…
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What You Can Buy At Different Budgets Across Ontario Right Now
What does $500,000, $1 million or even $5 million actually buy you in Ontario? We looked at active listings currently on the market across the province to see how dramatically your options can change depending on budget and location. From townhouses and detached homes to waterfront properties, luxury condos and massive estates, here’s what different…
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What $600K Gets You In Toronto vs Vancouver vs Atlantic Canada Right Now
A $600,000 home-buying budget can get you a dramatically different property depending on where you live in Canada. In downtown Toronto, around $600,000 can get you a two-bedroom condo. In Vancouver, the same budget can mean a one-bedroom condo measuring just over 600 square feet. But head east to Atlantic Canada and suddenly buyers are…
