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Stay Ahead: Curated Greater Toronto Real Estate News!"Discover the Latest Developments in Toronto's Real Estate Scene!"Stay ahead of the game with "Curated Greater Toronto Real Estate News!" Our daily newsletter is your trusted source for the most relevant and timely news, insights, and updates in the Greater Toronto real estate market. We understand the importance of being well-informed, and our team curates the most valuable content to help you stay ahead in this dynamic market. Whether you're a buyer, seller, investor, or industry professional, our curated news covers a wide range of topics, including market trends, investment opportunities, neighborhood profiles, financing options, and more. Don't miss out on the latest developments and opportunities in Greater Toronto real estate. Subscribe now to "Curated Greater Toronto Real Estate News" and stay ahead of the game. Homeownership in Toronto offers several advantages compared to renting.
Here are some key advantages of homeownership: Equity and Wealth Building: When you own a home, you are building equity as you make mortgage payments and your property appreciates in value over time. This can be a valuable long-term asset and a way to build wealth. Stability and Control: Owning a home provides stability and a sense of control over your living situation. You have the freedom to make changes and improvements to your home according to your preferences, without the need for landlord approval. Investment Potential: Real estate has the potential for investment growth. In a city like Toronto, where property values have historically increased over time, homeownership can be a solid investment. As the value of your property grows, you may benefit from capital appreciation. Stability of Monthly Payments: With a fixed-rate mortgage, your monthly mortgage payment remains stable over the loan term, providing predictability and allowing you to budget effectively. In contrast, renting can come with the risk of rent increases, potentially leading to higher monthly housing costs. Pride of Ownership: Owning a home gives you a sense of pride and accomplishment. You have the freedom to personalize and make your space truly your own, creating a sense of belonging and attachment to your community. Potential Rental Income: Homeownership can provide the opportunity to generate rental income if you have additional space, such as a basement apartment or separate unit. Renting out a portion of your property can help offset mortgage costs and provide an additional source of income. Community and Social Benefits: Homeownership often allows you to establish roots in a community and build relationships with neighbors. You may also have access to amenities and benefits offered by homeowners' associations or neighborhood organizations.
It's important to consider your personal financial situation, lifestyle, and long-term goals when deciding between homeownership and renting. While there are advantages to homeownership, it's also important to be aware of the responsibilities and costs associated with owning a home, such as maintenance and property taxes. Ultimately, it's a decision that should align with your financial capability, future plans, and lifestyle preferences.
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Discover why single-family home sales are soaring in the GTA's new home market, while condo sales cool. The answer may surprise you.
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Experts say the Bank of Canada’s quarter point rate hike will hurt variable rate borrowers and those renewing mortgages, but lack of listings will continue to buoy GTA house prices.
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Statistics released by the Canadian Real Estate Association (CREA) revealed that national home sales have risen despite low housing supply.
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This may just be the coziest home in all of Toronto.
With six gas fireplaces, a wood-burning stove, and a sauna, who needs a furnace! (Kidding, th...
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If you're not using the latest policy comparison tools, you're probably paying too much.
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A large share of Canadians have seen a spike in their mortgage expenses recently
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Iluminai Intelligence’s database detects and flags suspicious individuals or companies for real estate agents
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Surging construction costs in Canada are putting new pressure on home prices, worsening a severe affordability crunch, says RBC. Read more
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Douglas Easton, CFA, Portfolio Manager at NBF Wealth Management says “an FHSA makes saving for your first home a little easier”
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Map meant to serve as guide to how to areas downtown differ on a real estate basis
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How Quebec residents can protect themselves against online fraud Technological advances in online shopping have changed our lives and made everyday tasks more convenient.…
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BMO has officially announced its plans to return to the mortgage broker channel under the banner BrokerEdge.
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Toronto police have charged a 42-year-old man in connection with an alleged mortgage fraud scam targeting short-term rental homes. Investigators believe he's part of a larger criminal group.
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Don't go solo! This article delves into an important topic: the risks involved with sale by owner or selling your home without a realtor.
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TORONTO — Canadians looking for a little extra help on mortgage payments may be surprised to learn about one possibility: loyalty points.
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Most Canadian households are shying away from new credit, as higher interest rates lower incentive. Though there remains an exception, according to new data from TransUnion. The credit reporting giant found that new account growth for every type of credit fell in 2022, with credit cards being the exception. That trend may be problematic when […]
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UK house price growth is slowing. While prices rose 1.2% in June compared to last year, this is down on May’s 1.9% growth, according to property website Zoopla. Its house price index – which forecasts a 5% fall in house prices this year – also shows that 42% of sellers are now accepting offers of […]
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Robert Hogue, assistant chief economist of RBC Economics, joins BNN Bloomberg to discuss RBC's report on the rising construction costs in Canada. He says that despite high demand soaring costs could hold back home building in this country.
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You’ve come to the right place to learn how to get started to set yourself up for a successful rental property investment!
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A single Montreal mother of three fears she may be homeless come July 1 after she says a landlord denied a lease transfer less than a week before Moving Day. "You go to the Regie de Logement, you get the form, you fill it out, and it's supposed to be that simple. We did all the steps and the landlord came back and said ‘no,’" Anick Johnson told CTV.
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The Muskoka region may finally be starting to stabilize after several years of high-demand and high-prices. Canadian Real Estate Association (CREA) data
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It’s increasingly a unicorn in Canada’s resale real estate market, including Calgary’s. A new study by Point2, an online real estate search portal, found many major Canadians markets have none or at most a minuscule number of homes listed for less than $200,000. In Calgary, about four per cent of listings were priced under $200,000 in April, the report found. Although a small fraction of the market here, homes in that price range in cities like...
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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 Greater Toronto Area & Surroundings. Contact me today!"
Click Here For Hot New Toronto Regional Real Estate Board [TRREB] MLS® Listings. Call | Email me for more Info on any Greater Toronto Area Listings, Buying, Selling, or Investing queries. Click Here to View Listings like Real Estate Agents. Click Here For HOMES & CONDOS In Toronto. Click Here For PRE-SALE CONDOS in Toronto. How does Rent-To-Own Homes works? Click Here for Power of Sale Listings. Manoj Atri, REALTOR®
Experienced Toronto GTA Sales Representative with Architectural Background. My forte: Power of Sale | Bank Foreclosures | Fixer Upper | Rent-To-Own Homes | All types of Credits
Low or Zero down With Bank Cash-Back | Cash For Renovations & Much More...
Re/Max Hallmark Realty Ltd., Brokerage
401-685 Sheppard Ave E, Toronto ON M2K 1B6
Cell: [416] 275-2089 | Office: [416] 494-7653 | Email: Manoj@ManojAtri.com
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