The New Tax Ever since Vancouver’s real estate market cooled following the introduction of a Foreign Buyer’s Tax, Torontonian’s have been wondering whether a similar tax will be implemented in Toronto. Late April, it was announced that Toronto will indeed be getting their very own Non-Resident Speculation Tax. So, what does this mean, who … » Read More about Understanding the Ontario 15% Non-Resident Speculation Tax
Archives for May 2017
Monthly Market Update – May 2017
Values Are Up…Again Sales are up an astonishing 24.5% from last April in the GTA, increasing the average price of a detached home in Toronto to $1,578,542. We’ve been seeing this constant increase in freehold properties for over a year now, however a relatively new change in the numbers is seen by Condo Apartments. Although condo property values have … » Read More about Monthly Market Update – May 2017