Foreign Buyer Ban Canada 2022 How does it impact the Toronto housing market? Toronto Condo Team covers the Canada Foreign Buyer Ban 2022 and everything you need to know about its impact on the Toronto Real Estate Market.  The Government of Canada has taken a positive step to make homes more easily available for Canadians, introducing the Prohibition on the Purchase of Residential Property by Non-Canadians Act. This law prohibits non-citizens and any companies they could potentially... [read more]

Is It a Buyers Market? When assessing the current real estate market, buyers and sellers need to consider whether it's a Seller's Market or Buyer's Market. A Seller's Market is one in which buyers have less of an advantage than sellers due to limited inventory and high demand for housing. In this market, buyers may find themselves competing against multiple buyers for the same listing and potentially facing higher prices as a result of bidding wars.  Buyers Market... [read more]

What Are Condos? Living in a condo has many advantages. Condominiums are an excellent choice for first-time homebuyers. Indeed, it is a great choice for someone wishing to enjoy homeownership without a lot of maintenance. Furthermore, it provides a lifestyle of community living and walkable urban neighbourhoods. Unlike rented apartments, condos are privately owned apartments within a building. You can find their differences here. Read on further to get a detailed understanding of what... [read more]

Are you considering selling or buying properties in Toronto? It is a long process for all buyers and sellers, regardless of the property, but knowing how to pick the right realtor in Toronto can positively impact your experience. It is not uncommon for family or friends to suggest a real estate agent in Toronto. However, you must also conduct your own investigation.
 There are many Toronto realtors in active practice working in the Greater Toronto Area. If you're unsure... [read more]

After the initial stages of the pandemic, there was a noticeable rebound in the market for detached, semi-detached, and townhomes in the Greater Toronto Area. However, the market for condominium apartments was a little bit slower to adjust, but it finally did so in 2021. According to consumer polling, towards the end of 2020, first-time buyer activity was beginning to improve, especially in the City of Toronto. As a result, the condominium market saw an increase in listings and prices... [read more]