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Curated GTA Real Estate
News: Stay Ahead!"Toronto Real Estate Update: Daily Recap of the Hottest Market News"Welcome to "Curated GTA Real Estate News: Stay Ahead!" Our daily newsletter is your exclusive source for curated news, insights, and updates in the fast-paced Greater Toronto Area real estate market. We understand that staying ahead is crucial, and that's why our team of experts handpicks the most relevant and impactful stories to keep you well-informed and ahead of the curve. Whether you're a buyer, seller, investor, or industry professional, our curated news brings you the latest market trends, emerging neighborhoods, investment opportunities, and expert perspectives. Don't waste time searching through countless sources – we do the work for you. Subscribe now and let our curated GTA Real Estate News be your guide to staying ahead and making informed decisions in this dynamic market. The rent-to-own option can provide an opportunity to build equity while renting through a portion of the monthly rent being allocated towards the eventual purchase of the property. In a typical rent-to-own agreement, a portion of the rent payment, known as the "rent credit" or "option money," is set aside as a credit towards the future down payment or purchase price of the home. This means that over the course of the rental period, you are effectively saving towards homeownership. As you consistently make rental payments and accumulate rent credits, you gradually build equity in the property. This is advantageous because traditional renting usually does not offer the same wealth-building potential. Instead of simply paying rent and not gaining any financial stake, the rent-to-own option allows you to work towards homeownership while enjoying the benefits of renting. Furthermore, during the rental period, you may have the opportunity to improve your credit score and financial situation, which can be beneficial when it comes time to secure a mortgage for the property. By demonstrating responsible financial behavior and maintaining a good rental payment history, you enhance your chances of qualifying for a mortgage and securing more favorable loan terms. It's important to note that the specific terms of each rent-to-own agreement can vary, so it's crucial to thoroughly review and understand the contract, including the rent credit allocation and the eventual purchase price of the property. Working with a trusted real estate professional or legal advisor can help ensure that the rent-to-own agreement aligns with your goals and interests.
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Re/Max
What qualifies as a first-time homebuyer in Canada, and do you qualify for the various rebates, incentives and programs?
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Daily Hive
A recent listing is asking $800 per month to live in a shared basement apartment, where the tenant would have access to just one room.
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CTV News
Mortgage delinquencies are expected to rise by more than one-third of current levels over the next year, according to some economists. If you anticipate being unable to make your payments and decide to sell your home, here's what an expert says you should consider.
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O Canada
Zoocasa says the Alberta capital is singularly affordable, with down payments of less than $10,000 possible for a single person.
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CBC News
British Columbia is expanding the tax it created to clamp down on real estate speculation and ensure homes in rental-strapped communities don't sit empty.
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Insauga
This Place: With a lot overlooking a park, this seven-room three-storey stunner has multiple upgrades throughout. Price: $1,149,000 Address: 220 Squire Cres., Oakville Beds: 3 Baths: 4 Lot Dimensions: 16.25 x 83.66 ft Taxes: $4,027.79 Features: This home has above the standard builder package with an extra two-piece bath on the main floor, oversized great Room, backsplash in kitchen, is freshly painted […]
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Toronto Sun
This has been a busy, bustling spring for the Toronto real estate market.
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Electric City Magazine
MV Gemini with Life at Sea Cruises The cruise announced in March, with plans to sail around the world, is now in limbo. Potential occupants paid down
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blogTO
This $14 million home located at 9 Campbell Crescent is nestled in the heart of Toronto's prestigious Hoggs Hollow neighbourhood, and comes with mo...
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Better Dwelling
Canadian real estate might be seeing higher prices, but more buyers can’t pay their bills. Equifax data reveals the mortgage delinquency rate climbed in Q1 2023. Households are also increasingly falling behind on payments, a sign that further mortgage delinquencies are in the pipeline. This is occurring as lenders scramble to extend the length of […]
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Calgary Herald
Home sales soared to start the busy spring market in April with Ontario leading the way. Canadian Real Estate Association numbers from May show sales jumped by 11 per cent month over month, reaching their highest level since last June. Sales were higher in eight of 10 provinces, a report by TD Economics noted. Ontario saw the largest jump at 19 per cent followed by British Columbia at 16 per cent. Alberta also saw strong activity with sales...
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Re/Max
A great real estate agent can make your house-hunting experience much less stressful and confusing, lending their expertise and advice.
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Re/Max
How much tax do you pay when selling a home in Canada? Here are three taxes you might pay upon the sale of your property.
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Canadian Mortgage Trends
With an expectation that interest rates will fall in the coming years, nearly one in four new homebuyers and those renewing are choosing fixed-rate mortgages with terms under three years.
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Wealth Professional
CMHC has provided a snapshot of the home loan market which shows some different choices are being driven by current conditions
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Better Dwelling
Canadian first time home buyers are 36 years old on average. That means they won’t have that starter condo paid off by the time they retire, according to recent bank reports. Four of the Big Five banks reported a large share of their portfolio had amortizations longer than 30 years in Q2 2023. Most of […]
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O Canada
Real estate columnist Dennis Faulkner expects to see a steady increase in home prices over the coming five years.
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Re/Max
One of the most common questions for homebuyers in Canada is how do Realtor fees work? Who pays, when, and how?
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GTA Homes - Real Insights
The 2023 Federal Budget introduces Tax-Free First Home Savings Account (FHSA) and Mortgage Protections for Canadians.
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CTV News
A bipartisan group of U.S. lawmakers is urging the State Department to ask that Americans be exempted from Canada's tax on foreign property owners.
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Editor's Note"Welcome to my Newsletter Page!
I am a professional Real Estate Agent in Toronto GTA with an Architectural background from India.
With a unique combination of design and real estate knowledge, I am dedicated to helping clients find their dream home. My expertise in both fields allows me to understand the potential of a property and how to best showcase it to potential buyers. I am committed to providing excellent service and going above and beyond for my clients. Let me help you navigate the real estate market and find your perfect property in the Toronto GTA. Contact me today!"
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