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September 2018 - Posts

Vancouver's about to get its tallest tower yet
Vancouver’s skyline will reach new heights in 2022 as The Stack becomes the city’s tallest ever tower. Built by Oxford Properties Group, the tower at 1133 Melville will be 530 feet tall and provide a AAA class office development of 540 square Read More...
Toronto is not the least affordable market in Ontario
Toronto is often considered to be the least affordable housing market in Ontario but that’s not the case says Zoocasa. The real estate website’s analysis shows that a median income earner ($65,859) in Toronto would be $41,282 short of what’s Read More...
GTA new homebuyers on the sidelines in August
August saw new home sales on pause in the Greater Toronto Area but there are signs that better things are ahead. The Building Industry and Land Development Association (BILD) says that there were 974 new home sales according to data from Altus Group, Read More...
GTA market correction has ended says RE/MAX
The impact of the mortgage stress test is easing and the Greater Toronto Area’s housing market is showing growth – signalling the end of the market correction. That’s the assessment from RE/MAX INTEGRA, Ontario-Atlantic Canada Region Read More...
BIG’s King Street West Condo Community Approved for Development in Toronto
Biarke Ingels Group has received approval for their King Street West condo community in Toronto. Originally proposed in 2016, the development was made as sets of pixels extruded upwards to create space for housing, retail and boutique offices. The concept Read More...
BIG King West Newest Rendering
The newest renderings of BIG King West have seen the concrete give way for stunning glass blocks Read More...
Canada among world’s four riskiest housing markets
Housing market dangers are “especially acute” in Australia, Hong Kong, Canada and Sweden, Oxford Economics said, noting this has historically posed a threat to economic activity. “In all four, valuations are very elevated, there has Read More...
Major tech player confirms allure of Toronto real estate
Toronto is home to some of the world’s most innovative technology companies and now arguably the most famous name in tech has announced a major real estate investment in the city. Microsoft will base its Canadian operations in a new state-of-the-art Read More...
Ontario suffers worst employment cut nationwide in August
Last month, the Ontario labor market experienced the worst setback nationwide in terms of employment numbers, losing 80,100 part-time jobs. This was the province’s largest employment drop since 2009, contributing to fears of even lowered purchasing Read More...
Canada’s commercial real estate investment sets new record
Investment in Canadian commercial real estate has reached a new record high, beating the previous record set in Q1 2017. Q2 2018 saw $16.5 billion of CRE transactions, 38% above the previous high of $11.97 billion and 105% above the 5-year quarterly average. Read More...
Using the sandwich lease for real estate investing
This isn’t a recipe for a lunch sandwich; it’s the recipe for rental property investing with little or no cash of your own. There is plenty of pie-in-the-sky noise out there about getting rich quick investing in real estate. This is a realistic Read More...
PRE-CONSTRUCTION VS RESALE TORONTO CONDOS
The Toronto real estate market is always in flux and, as an investor you should be ready to switch up your strategy to maximize your dollars and of course, your ROI. The real estate market is always in flux and this can make investing exciting but it Read More...