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The Daily GTA Real Estate Roundup!"Navigate the real estate market with confidence using our reports and hot Listings!"Welcome to "The Daily GTA Real Estate Roundup!" Our daily newsletter is your comprehensive roundup of the latest news, trends, and insights in the Greater Toronto Area real estate market. We understand the importance of staying informed, so our roundup delivers a curated selection of the most relevant and impactful information directly to your inbox. Whether you're a buyer, seller, investor, or industry professional, our content covers a wide range of topics, including market updates, new listings, investment opportunities, and expert opinions. Get a holistic view of the GTA real estate scene and make informed decisions with our daily roundup. Subscribe now to "The Daily GTA Real Estate Roundup" and stay ahead in the dynamic and ever-evolving GTA real estate market. When buying a fixer-upper property, renovations and repairs are often needed to bring the property up to your desired standards and increase its value. The specific renovations required will depend on the property's condition and your goals, but here are common areas that might need attention: Structural Repairs: Addressing any structural issues is a top priority. This includes fixing foundation problems, roof repairs, and addressing issues with walls, floors, and ceilings. Electrical and Plumbing: Updating outdated electrical and plumbing systems is essential for safety and functionality. This might involve rewiring, replacing pipes, and upgrading fixtures. HVAC System: Repairing or replacing heating, ventilation, and air conditioning systems ensures comfortable living conditions. Windows and Doors: Upgrading windows and doors can improve energy efficiency, enhance security, and enhance the property's curb appeal. Kitchen Renovation: Kitchens are often a focal point. Upgrades might involve replacing cabinets, countertops, appliances, and adding modern fixtures. Bathroom Renovation: Bathroom renovations can include updating fixtures, tiling, and addressing any plumbing issues. Flooring: Refinishing or replacing flooring can transform the look of a property. Options include hardwood, laminate, tile, or carpet. Painting and Wallpaper Removal: Fresh paint can make a big difference. If there's wallpaper, removal and repainting might be necessary. Exterior Improvements: Enhance curb appeal with landscaping, exterior painting, siding repairs, and porch or deck updates. Insulation and Energy Efficiency: Improving insulation and energy efficiency can save on utility bills and make the property more appealing to buyers. Cosmetic Updates: These might include repainting walls, adding new light fixtures, and updating hardware. Basement or Attic Finishing: Converting these areas into usable living space can add significant value. Waterproofing: Addressing water issues in basements and crawl spaces is crucial to prevent future problems. Mold and Pest Remediation: If there's mold or pest infestation, addressing these issues is a priority for health and safety. Accessibility Improvements: Consider making the property more accessible by adding ramps, widening doorways, and ensuring there are no barriers for those with mobility challenges. Code Compliance: Ensure that all renovations meet local building codes and regulations.
Before purchasing a fixer-upper property, it's essential to get a professional home inspection. This will help identify the extent of repairs needed and prevent any surprises after purchase. Depending on your skills and budget, you might consider DIY projects, but for major renovations, hiring professionals is usually recommended. A real estate agent or contractor can provide valuable insights into the expected costs and potential returns on your investment.
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Soaring lending rates continue to paralyze Toronto's real estate market, and while this has meant potentially lower prices for would-be buyers, har...
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Newly separated and priced out of Mississauga and Brampton, Tammy Teeter found a new lease on life
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With the start of the fall semester looming, it's been a mad rush for students who are still looking for a place to stay.
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Canada’s Millennials are doing worse than previous generations by virtually every metric. RBC Economics shared a report focusing on debt, labor, and economic risks. They found that Millennial incomes are failing to keep up in the current environment, leading to less disposable income. Boomers are doing much better, so it may sound like it all […]
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Wondering what the state of the current Toronto real estate market? Read through to learn about rates and more.
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With sky-high housing prices and increasingly unaffordable realtor commission fees, some Ontario residents are opting to save money by selling with flat-fee, full service brokerage New Era Real Estate. That includes Dan and Jessica, a couple who decided to sell their Toronto condo after finding out they were expecting their first child. Since New Era […]
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Tamish Shah, an incoming first-year student at Mohawk College in Hamilton, landed in Canada in mid August with no place of his own to live. Last week, he signed a lease for a room that cost $150 over his budget and is still an hour bus ride away from campus. He's one of many who have struggled to find housing this year.
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Housing is slated to be a major topic at this week’s federal government’s cabinet retreat. Some analysts, however, are skeptical and do not believe the federal government is actually all that serious about making homes more affordable.
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Sales of condominiums in the Greater Toronto Area (GTA) last month were the lowest they’ve been in July in 23 years, according to the Building Industry and Land Development Association (BILD).
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How a schoolteacher downsized into a sleek alley abode with two bedrooms and storage galore—all for $500,000
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Right at the end of a private cul-de-sac in the neighbourhood of Hoggs Hollow is this ultra-modern masterpiece of a home. The four-bedroom, seven-...
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The city’s real estate market continues to be one of the most affordable in Canada, new data reveals. “Edmonton is bucking the trend,” says local realtor John Carter, broker/owner of Re/Max River City Real Estate. Across Canada, sales are rebounding from last year, and prices are, too. Yet Edmonton remains a value buyer’s secret compared with other major markets, even Calgary — which has seen recent record sales and prices, driven by high...
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Real estate listings in these two Canadian cities are cheaper than the national average.
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Even if owning property in Toronto will likely never be in the cards for you, keeping an eye on the city's topsy-turvy real estate market is like w...
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Canadian mortgage borrowers won’t take on the risk of a variable rate mortgage, but they’re dreaming of rate cuts. Bank of Canada (BoC) data reveals a record share of mortgage originations had fixed interest terms in June. However, they aren’t opting for a longer, and traditionally more popular, 5-year fixed term. National Bank of Canada […]
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Despite interest rates potentially being at or near a peak, borrowers aren't betting on rate cuts anytime soon.
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According to a new survey, a third of Canadian homeowners polled said they regret their current mortgage situation.
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Christine Ibbotson writes about choosing a shorter-term mortgage renewal while higher interest rates are in place.
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Roundtable report outlines 10 recommendations to restore rental affordability
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Here at blogTO we love a house with a good story and 90 Burndale Ave. has a pretty great one. The three-bedroom, four-bathroom home is also known ...
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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!"
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