Income Needed To Buy A Home in Toronto Owning a home in Toronto—once the cornerstone of the Canadian dream—now feels more like winning the lottery. With sky-high property prices, rising interest rates, and the ever-growing cost of living, many Torontonians are left asking: “What's the income needed to buy a home in Toronto?" Spoiler alert: it’s a lot more than most of us make. As a seasoned...

Toronto Condo Cancellations Toronto’s real estate market is known for its constant evolution, but 2024 brought an unprecedented trend—record-breaking condo cancellations. With 14 projects canceled across the Greater Toronto and Hamilton Area (GTHA), affecting 2,805 units, buyers and investors are left wondering what’s next. Whether you’re planning to buy your first condo or looking to invest,...

Top Tax Programs for Toronto Homeowners in 2025 Owning a home in the city of Toronto comes with its share of expenses, from property taxes to maintenance costs. But did you know there are tax programs designed specifically to help homeowners save money? Whether you’re planning renovations, accommodating family members, or working from home, 2025 offers several tax-saving opportunities for existing...

Toronto First-Time Homebuyer Tax Programs 2025 If you’re planning to buy your first home in Toronto in 2025, you’re in luck! There are several tax programs designed specifically to make homeownership more affordable for first-time buyers. From credits that help with closing costs to savings accounts that grow tax-free, these programs can provide the financial boost you need to take the leap into...

Toronto Property Tax Increase 2025 Big news for Toronto homeowners—the city’s 2025 budget proposes a significant property tax increase of 6.9 percent. While the additional revenue aims to support critical infrastructure upgrades and community programs, it also brings added financial strain to homeowners already grappling with rising inflation and housing affordability challenges. As a seasoned...

Toronto Condo Market The Toronto condo market is undergoing a significant transformation. Recent data indicates that over 80 percent of homes in the Greater Toronto Area (GTA) are now selling below their asking prices. This shift presents a unique opportunity for potential homebuyers, but understanding the nuances of this market is crucial for making informed decisions. Whether you're a first-time...

Toronto Real Estate Trends 2025 In an exciting move for Toronto’s real estate and construction industry, and in line with Toronto real estate trends 2025, Ontario has officially updated its Building Code to allow for the construction of mass timber buildings up to 18 storeys tall, effective January 1, 2025. This is big news not just for developers and builders, but also for buyers and investors who are...

Toronto Home Inspection Whether you’re buying your dream home or selling a beloved property, a Toronto home inspection is a crucial step in Toronto’s real estate market. It offers peace of mind, uncovers hidden issues, and helps both homebuyers and sellers make informed decisions. Despite the fast-paced nature of Toronto’s housing market, skipping a home inspection can lead to costly surprises down...

First-Time Homebuyer Mistakes Buying your first home is an exciting milestone, but in a competitive and fast-paced real estate market like Toronto, it’s easy to fall into common traps resulting in first-time homebuyer mistakes. Many first-time homebuyers dive into the process without fully understanding what they’re getting into, which can lead to costly mistakes. The good news? With a bit of...

Discount vs Full-Service Realtors When it comes to buying or selling a home in Toronto, one of the first decisions you’ll face is choosing the right type of realtor to represent you. Whether you're navigating Toronto's competitive housing market or looking to make your move in another area, understanding the difference between discount vs full-service realtors is key to making the best decision for your...