Saturday, September 2, 2023

🏠 2nd Sept 2023 - Court Orders Builder to return Deposit following “Misleading Conduct”

Saturday 2nd September 2023
Extra Home Buying Costs - FREE Report!

GTA Real Estate News: Your Daily Dose!

"Navigate Real Estate Success with Insightful Reports & Fresh, Hot Listings!"

Welcome to "GTA Real Estate News: Your Daily Dose!" Our daily newsletter is your go-to source for a daily dose of the latest news, trends, and insights in the Greater Toronto Area real estate market. We understand the importance of staying informed, so our newsletter delivers the most relevant and impactful information directly to your inbox. Whether you're a buyer, seller, investor, or industry professional, our curated content covers a wide range of topics, including market updates, new listings, investment opportunities, and expert analysis. Get your daily dose of knowledge and make informed decisions with our newsletter. Subscribe now to "GTA Real Estate News: Your Daily Dose" and stay in the loop in the dynamic GTA real estate scene.

Yes, homeowners in Toronto, like homeowners elsewhere, should anticipate ongoing maintenance and repair costs. Proper maintenance is essential for preserving the value and functionality of your property. Here are some common maintenance and repair costs that homeowners in Toronto should consider:

  1. Routine Maintenance: Regular tasks such as lawn care, snow removal, and cleaning gutters can be done seasonally or as needed. These tasks help maintain the curb appeal and functionality of your home.

  2. HVAC Servicing: Heating, ventilation, and air conditioning systems should be serviced annually to ensure they operate efficiently and avoid costly repairs.

  3. Plumbing Repairs: Leaking faucets, running toilets, and clogged drains are common plumbing issues that may need occasional attention.

  4. Roof Repairs: Over time, roofs may develop leaks or damaged shingles. Regular inspections and minor repairs can prevent larger, costlier issues.

  5. Painting: Both the interior and exterior of your home may need periodic painting or touch-ups to maintain appearance and protect surfaces.

  6. Appliance Maintenance: Appliances such as refrigerators, dishwashers, and washing machines may require maintenance or repairs over time.

  7. Electrical Repairs: Electrical issues like faulty outlets or wiring problems should be addressed promptly for safety reasons.

  8. Foundation and Structural Repairs: If you notice cracks in the foundation or walls, it's essential to address these issues promptly to prevent further damage.

  9. Pest Control: Seasonal pest control services can help prevent infestations of common pests like ants or rodents.

  10. Window and Door Repairs: Damaged windows and doors may need repairs to maintain energy efficiency and security.

  11. Landscaping and Garden Maintenance: Gardens, trees, and outdoor spaces require ongoing care and maintenance, including pruning, weeding, and fertilizing.

  12. Gutter Cleaning: Clean gutters prevent water damage to the roof and foundation.

  13. Driveway and Walkway Repairs: Cracked or damaged driveways and walkways may need occasional repairs or resurfacing.

  14. Home Insurance: Ongoing expenses include homeowners insurance premiums, which provide protection against unexpected events like fires or storms.

  15. Property Taxes: Property taxes are an ongoing cost that homeowners must budget for each year.

  16. Emergency Fund: It's wise to maintain an emergency fund for unexpected repairs or maintenance issues that may arise.

It's essential for homeowners to budget for these ongoing costs to ensure their property remains in good condition and to avoid being caught off guard by unexpected expenses. Regular maintenance can also help prevent minor issues from escalating into major repair projects, potentially saving you money in the long run.

Court orders builder to return deposit following "misleading conduct"
What to expect from the next Bank of Canada interest rate announcement
This designer home in Toronto just dropped its price by more than $1.5 million
An Arthur Erickson home that didn’t sell 5 years ago is on the market in West Vancouver again
Mortgage growth slows under weight of higher rates
Sustained low interest rates no longer possible, says former BoC governor
Increasing number of Canadians considering home co-ownership: poll
Calgary real estate hits eight-month price high amid inventory crisis
Mortgage owners should brace for possible rate hike next week, experts say - BNN Bloomberg
The Growing Mortgage Problem In Canada
Evergrande bankruptcy ripples: Analyzing the impact on Canada's real estate market
Canadian Real Estate Month in Review: August 2023 - Housing Market Insights and Home Affordability | Zoocasa Blog
House of the Week: $5.5 million for a King City home with a fireplace that defies physics
Calgary housing market continues to hit new heights
Airbnb to face hefty fines for illegal listings as new Quebec rules come into force | CBC News
Canadians are buying homes with family or friends because they can’t afford anything on their own: report - NOW Toronto
City of Toronto breaks ground on new rental property
Halton House of the Week: Suburban Milton home in popular area | inHalton
Canadian banks see dip in 30 year-plus mortgages, but risks remain By Reuters
Real estate lawyer 'not surprised' more Canadians are opting to co-own homes
Canadian Economy Flirts With Recession As Housing Drags GDP - Better Dwelling
Quebec rolls out short-term rental law with hefty fines for uncertified listings  | Globalnews.ca
A Toronto Hydro cable fried this homeowner's appliances. Now he's footing the bill | CBC News
Canadian Interest Rates Are At 2001 Levels, But Home Prices Grew 3x Income: BMO - Better Dwelling

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 

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