🚨 15th Sept 2023 - Short-Term Rental Rules are tightening - is it still worth Investing in Condos?

★ Friday 15th September 2023 ★ FREE Home Evaluation Toronto GTA Curated GTA Real Estate: Daily Hot Picks! "Empowering Your Choices: Informed Reports & Sought-After Listings!" "Curated GTA Real Estate: Daily Hot Picks" is your daily selection of the most sought-after opportunities and trends in the Greater Toronto Area real estate market. Every day, we carefully handpick the hottest listings, investment prospects, and market insights, delivering them directly to your inbox. Whether you're a prospective buyer, seller, investor, or simply a real estate enthusiast, our daily hot picks cover a wide spectrum of choices, from newly listed properties to emerging market trends and expert recommendations. Stay ahead of the game and make informed decisions with "Curated GTA Real Estate: Daily Hot Picks" as your trusted resource for navigating the dynamic GTA real estate landscape. Can a free home evaluation help me determine if it's the right time to sell my property in Toronto? Yes, a free home evaluation can be a valuable tool to help you determine if it's the right time to sell your property in Toronto. Here's how it can assist you in making that decision: Property Valuation: A free home evaluation provides an estimate of your property's current market value. This valuation is based on factors such as the property's location, size, condition, recent sales of comparable properties (comps), and the overall real estate market conditions in Toronto. Knowing the current value of your home helps you gauge its potential worth in the market. Market Insights: A home evaluation typically includes information on recent sales trends and data specific to your neighborhood or area. This can give you insights into whether property values are rising, stabilizing, or declining in your location. Understanding the broader market conditions is crucial for deciding when to sell. Equity Assessment: The evaluation helps you calculate your equity in the property. Equity is the difference between your property's market value and the outstanding mortgage balance. If you have substantial equity, it may indicate a good time to sell and potentially make a profit. Financial Planning: Knowing your property's current value allows you to assess your financial situation and goals. You can use this information to plan for your next home purchase or determine how much profit you might gain from the sale. Timing Considerations: Timing is essential in real estate. A home evaluation can help you decide if market conditions are favorable for selling. For example, if property values are rising, it might be a good time to list your property to maximize your return. Budget and Planning: With an understanding of your property's value, you can make informed decisions about your next steps, such as budgeting for a new home, deciding on a listing price, or planning renovations or improvements to increase your property's value before selling. Realistic Expectations: A home evaluation provides you with a realistic expectation of what your property can sell for in the current market. This helps you set a reasonable asking price and avoid overpricing, which can deter potential buyers. Consultation with Real Estate Professionals: Many real estate agents and real estate professionals offer free home evaluations as part of their services. When you request an evaluation, you can also consult with these experts to get their insights on market conditions and whether it's the right time to sell. It's important to note that while a free home evaluation provides valuable information, the decision to sell your property should also consider your personal circumstances, financial goals, and lifestyle factors. If you're uncertain about whether it's the right time to sell, consulting with a local real estate agent can provide you with additional guidance and market expertise. They can help you weigh the pros and cons and make an informed decision that aligns with your specific needs and objectives. Short-term rental rules are tightening — is it still worth investing in condos? The viability of investment properties, particularly condos, is examined in light of tightening short-term rental regulations in North America realestatemagazine.ca READ MORE ... GTA Home Sales Are Slowing Down Due To Interest Rates & These Properties Are Most Affected Despite a drop in demand in recent months, year-over-year prices are still on the rise.📈 narcity.com READ MORE ... Homeowners are the true gatekeepers in our housing debate The experts all agree: Ending exclusionary zoning and adding more density in established neighbourhoods are the right ways to tackle the housing crisis. So why is it so difficult to do — and why are politicians so afraid to do it? nationalobserver.com READ MORE ... Innisfail takes huge step forward on housing Read the full story and comment on MountainViewToday.ca mountainviewtoday.ca READ MORE ... Tight conditions continue to push up home prices in nearby communities Towns and cities around Calgary all saw the benchmark price of homes increase. o.canada.com READ MORE ... This is what $8 million will get you in Vaughan Most people only really know Vaughan for Canada's Wonderland, Vaughan Mills Shopping Centre, and an Ikea.  But it's also home to some of the GTA's ... blogto.com READ MORE ... East Gwillimbury home prices drop 2.1 per cent to $1.37 million in August 2023 Sales were down 23.8 per cent and active listings were up 15.2 per cent compared to a year ago yorkregion.com READ MORE ... Caledon home prices drop 3.8 per cent to $1.34 million in August 2023 Sales were down 30.2 per cent and active listings were up 12.3 per cent compared to a year ago caledonenterprise.com READ MORE ... Housing Shortage Hampers Canadian Real Estate Activity Canadian real estate is facing a trifecta of issues: higher mortgage rates, housing affordability and shrinking inventories. blog.remax.ca READ MORE ... Here's a Better Way to Invest in Canadian Real Estate Instead of Canadian Apartment Properties REIT Canadian Apartment Properties REIT isn't the only way to profit from increasing real estate prices. fool.ca READ MORE ... North Bay property prices up 85.8 per cent since 2018 North Bay has seen the fifth-highest increase in residential property prices in Canada — up 85.8 per cent from $220,000 to $408,900 — over the past five years, according to a study citing Canadian Real Estate Association data baytoday.ca READ MORE ... Mortgage interest costs now up over 80% since the start of the BoC's rate hikes - Mortgage Rates & Mortgage Broker News in Canada Canadian mortgage borrowers continued to see their interest costs climb in the second quarter, which have now soared over 80% since the Bank of Canada started raising interest rates. canadianmortgagetrends.com READ MORE ... Average rent now costs $2,117 a month in Canada — a record high Rental rates were up 16% for apartments and 6.2% for houses in August ca.finance.yahoo.com READ MORE ... Toronto tenants call out controversial landlord amid four-month-long rent strike Residents of a Toronto apartment complex are calling out their landlord for failing to show up at a public meeting convened by Mayor Olivia Chow in... blogto.com READ MORE ... Oakville home prices drop 2.4 per cent to $1.49 million in August 2023 Sales were up 9.6 per cent and active listings were up 21.9 per cent compared to a year ago insidehalton.com READ MORE ... Clarington home prices drop 2.2 per cent to $875,371 in August 2023 Sales were down 11.8 per cent and active listings were up 5.2 per cent compared to a year ago durhamregion.com READ MORE ... 'We need to get a lot of stuff built': CMHC finds Canada still short 3.5M housing units for 2030 Canada still needs another 3.5 million housing units by 2030 on top of what it would build by that point, a new report says. But an economist for the Canada Mortgage and Housing Corp., which authored the report, says this goal may not even be attainable. iheartradio.ca READ MORE ... Vancouver short-term rental fee jumps from $109 to $1,000 for 2024 ABC Vancouver Coun. Lenny Zhou: "I don't think it will hurt the legal market." vancouverisawesome.com READ MORE ... Early-stage delinquencies for all credit products are on the rise: Equifax - Mortgage Rates & Mortgage Broker News in Canada Early-stage delinquencies on both mortgage and non-mortgage debt continued to rise in the second quarter, a sign that high interest rates are increasingly weighing on Canadian borrowers. canadianmortgagetrends.com READ MORE ... What to Look For When Hiring Roofers Do you need a new roof? Are you worried about finding roofers that will do a quality job and avoid scams? It's understandable to feel overwhelmed when looking f theseeker.ca READ MORE ... 'We need to get a lot of stuff built': CMHC finds Canada still short 3.5M housing units for 2030 Canada still needs another 3.5 million housing units by 2030 on top of what it would build by that point, a new report says. But an economist for the Canada Mortgage and Housing Corp., which authored the report, says this goal may not even be attainable. ctvnews.ca READ MORE ... First-time homebuyers undeterred by rising mortgage rates, PulteGroup survey reveals By Investing.com First-time homebuyers undeterred by rising mortgage rates, PulteGroup survey reveals ca.investing.com READ MORE ... This Is Toronto's Cheapest Home For Sale & It Could Be Yours For Less Than $250K (PHOTOS) There's just one thing to keep in mind 👀. narcity.com READ MORE ... Posthaste: Poll finds a lot of Canadians want to sell their homes within 3 years But likelihood that all would follow through extremely low ca.finance.yahoo.com READ MORE ... 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, Investing or Homebuyer's 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 Websites:   Homebuyer Hub | ManojAtri.com | ManojAtri.ca | SearchHousesForSale.ca SearchRealEstateInToronto.ca | Rent-To-Own Homes | ManojAtri.ReMaxHallmarkRealty.ca  Social Media: Facebook Profile • OLD Fan Page: Rent to Own Homes GTA • Facebook NEW Fan Page Blog • Instagram • LinkedIn • Pinterest • Twitter • Tumblr • Youtube • Client Testimonials Subscribe To My FREE Daily Curated Hot News Articles e-Newsletter! © Copyright 2023 ManojAtri.com All rights reserved. If you no longer wish to receive these Emails, please Unsubscribe Here