Government Relations 12 July 2022 The City of Toronto Garden Suites By-law is now in full force after the Ontario Land Tribunal (OLT) dismissed an appeal. The Garden Suites By-law and Official Plan Amendment were adopted by Toronto City Council on February 2, but were appealed shortly after. On July 4, 2022, the OLT decided that it did … » Read More about Garden Suites Now Permitted in Toronto After Dismissal of Appeal
Selling
Buying and Selling during COVID-19 May Market Stats
Toronto Regional Real Estate Board President Michael Collins, May 2020: With public confidence creeping back after the Premier announced the beginning of Phase 1 re-opening in Ontario, the real estate market has responded with a jump in sales and average price when compared to the previous month. TREB announced that Greater Toronto Area REALTORS® reported 4,606 sales … » Read More about Buying and Selling during COVID-19 May Market Stats
2018 Toronto Real Estate: Frequently Asked Questions
After a long hot summer, we are now well into fall, a season where we often see a rise in real estate transactions. Many of you have asked what’s happening with the current market, so I have decided to share some of my thoughts with you. Across Toronto, we are still in a low … » Read More about 2018 Toronto Real Estate: Frequently Asked Questions
Renovating before you list
Often sellers look at renovating parts of their home prior to listing it on the market. However not all updates will produce the same return on investment, and some may be flat out money pits. Here are some things to consider before you embark on a resale renovation. What are you updating? Bathrooms and Kitchens … » Read More about Renovating before you list
Interest rates rise for the first time in 7 years
The Big Five Follow Suit It’s been two weeks since The Bank of Canada raised their interest rate for the first time in seven years, to 0.75%. The increase has been a long time coming, and the Canada’s Big Five [banks] have already followed suit, raising their prime rates and affecting a number of … » Read More about Interest rates rise for the first time in 7 years
