COVID-19 has affected businesses in each sector across the globe. Therefore, it doesn't come as a surprise to see a strong real estate market also face the hit of the coronavirus outbreak. There are many professionals in the industry who are comparing this situation to the financial crisis of 2008. In fact, there are quite a few who have a view that this one is a worse hit. The hit of the market is so bad at the moment that some claim it to be worse than the financial crisis that... [read more]

If your new year resolution was to stop splurging a fortune on sky-high rents and buy a Toronto condo in 2020, we suggest you start your search as soon as possible. Condos prices in Toronto are expected to go up at an unprecedented rate this year. Not to mention, when you factor in high demand for condos, stable mortgage rates, and a scarce condo inventory, the market has never been more competitive. Before you take a leap of faith into homeownership, we suggest you keep a few things... [read more]

We are already headed towards the second quarter of 2020 and overall, it’s looking to be a bright year for Toronto’s real estate and economy; low interest rates, increased demand for housing, and vibrant labor market. But according to Canada’s Real Estate Association and our own observation, here’s how 2020 will fare for Toronto Real Estate: Prices Across The GTA Will Continue To Rise The Greater Toronto Area experienced a price surge in 2019, and the trend is... [read more]

Hydro corridors might not be the most attractive sites of the city, but they are important as without them, the place would be dark and dull. Over the years, the spaces available to build parks and other recreational spots are decreasing as Toronto is becoming more urbanized each year. Therefore, hydro corridors are becoming quite popular. Residents in the city appreciate them too. Details on the Toronto Green Line The latest development in this aspect is the revitalization of the... [read more]

If you wishfully sigh while reading the success stories of people making money off rental property, you are not alone. As Toronto’s popularity continues to rise, many people are actively looking for ways to get in on the action. While the escalating real estate prices are a great news for those already owning a rental property, it could spell trouble for those who have not tested the market yet. If you are wondering how to monetize a rental property, here are a few stellar tips to... [read more]

Your condo maybe new, but your choice of interiors could inadvertently make it appear rather dated to the buyers. The hip, savvy informed buyers of today are aware of what they want and are not ready to compromise. Here are a few things which could be adding age to your condo: Floors We see buyers constantly complain about the condo floors, in both new and old units, since it is the most obvious part of your condo that you have to see every waking moment. We don’t see many... [read more]

Caught up in the throes of a severe housing crisis, Toronto is addressing its accommodation challenges in a somewhat unconventional manner; condos seem to be getting smaller each year and doors and walls are being replaced by glass! I have been sifting through listings recently, and every day, I see a few Toronto condos for rent or sale where glass sliding doors stood where one could expect to see traditional bedroom doors and walls. Seems like this is a ubiquitous configuration in the... [read more]

If you are thinking of relocating your family or buying your own condo in Toronto, you must be looking for the best place to raise your kids. Indubitably downtown Toronto has its fair share of incredible neighborhoods, each boasting its own charms, depending on your family’s lifestyles and needs. If you are feeling overwhelmed by the wide array of choices, fret not. We at Toronto Condo Team have scoured the entire Toronto city to put together this list of the most family-friendly... [read more]

2020 is here and Investors and buyers cannot seem to contain their excitement. Those who were impatiently eyeing empty parking lots, waiting for their pre-construction condos in Toronto to rise up into magnificent architectural wonders, will soon have a move-in ready condo. Since I have been thinking about buying a condo for quite some time now, I had all the new Toronto condos occupying in 2020 on my radar. Here are 5 that have caught my fancy, and for good reason! Canvas... [read more]

Toronto is home to some of the most incredible condo buildings in the world with jaw dropping architectural marvels– the epitome of opulent living. It seems as if all developers are in a bid to outdo one another, and 2020 is going to be no different. From what we hear in the Toronto real estate section, it looks as if 2020 is going to be the year of some amazing condo wonders. Of these, the Toronto Condo Team has sifted out 5 development proposals which left us gaping in... [read more]