Posts Tagged ‘toronto real estate

Live in a five star hotel at condo rates? The luxury condo Toronto construction project at the Four Seasons Hotel and its Private Residence Condominiums is well under way thanks to an international buyer who paid a price of 28 million dollars for the 55 storey building. This is the most expensive in high-rise condos […]

Unlike Canada’s other “hot” real estate markets, Toronto real estate market remains enticing to buyers, because prices have remained within their reach, and a steady stream of new listings have given them a wide array of styles and sizes from which to choose. Steadily increasing prices have encouraged previously patient sellers to bring their Toronto […]

A recent report in the Globe and Mail, by Real Estate Reporter, Steve Ladurantaye, claims that the Canadian Real Estate Association is preparing to allow access to their database containing sold prices and days on the market information. Does this means that Canadian will soon see “Zillow” type websites? Zillow is an American real estate […]

Every year for the past 16 years, the average price for a home for sale in Toronto has increased. According to the Toronto Real Estate Board’s month report, the real estate market in Toronto has gone from an average price os $198,150 in 1996 to an average price of $431,463 in 2010, and an average […]

The Toronto Real Estate Board released their October 2010 real estate statistics. Sales decreased 21% compared to October 2009. The average price for a home in Toronto in October 2010 was $443,729. The average price in Toronto increased by 5% compared to $423,559 in 2009. It looks like the real estate market is very hot […]

Ever since Toronto’s municipal council approved the new land transfer tax, set to come into effect in February 2008, Canadian banks have been wooing Toronto’s imminent homebuyers with cash-back offers and promotional mortgage rates to offset the tax’s cost. Bank of Montreal, Royal Bank of Canada, TD Canada Trust and Bank of Nova Scotia are […]

The Toronto City Council approved yesterday the much-debated Land Transfer Tax (LTT) in hopes of offsetting the city’s budget shortfall, sparking a scramble among buyers hoping to close their real estate deals before the end of the year. The new tax will add up to 2% to the cost of both residential and commercial real […]


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Canada Real Estate News

Real estate news in Canada including buy and sell information, local market updates, guides, tips for Canadians in the real estate market.