🤑 19th Jan 2024 - Cash For Keys: Some Tenants Who Face Eviction Demand Thousands From Landlords Amid Tribunal Delays!

💥 Friday 19th January 2024 💥 Start Your Home Buyers Journey Here! Daily GTA Real Estate Ablaze! "Where Opportunity Resides: Reports & the Most Coveted Listings!" "Daily GTA Real Estate Ablaze" is your daily source for the most intense and impactful updates in the Greater Toronto Area real estate market. Each day, we provide you with a curated selection of updates that set the market on fire, featuring the hottest trends, market insights, and critical updates delivered directly to your inbox. Whether you're a potential buyer, seller, investor, or a real estate enthusiast, our "Ablaze" series covers a wide range of topics, from igniting market dynamics to sparking investment opportunities and expert analysis. Stay on fire and make well-informed decisions with "Daily GTA Real Estate Ablaze" as your trusted resource for navigating the dynamic GTA real estate landscape. Are There Any Government Programs Or Incentives Available For Homebuyers In The Greater Toronto Area That Can Help With Cost Savings? There are several government programs and incentives available for homebuyers in the Greater Toronto Area (GTA) and the province of Ontario. However, the availability and details of these programs can change, and new initiatives may have been introduced. Here are some common programs that were available: First-Time Home Buyer Incentive (FTHBI): The FTHBI is a federal program that provides shared equity loans to eligible first-time homebuyers. It helps reduce the amount of the mortgage loan needed and, consequently, the monthly mortgage payments. Land Transfer Tax Rebate: Both the provincial and municipal governments in Ontario offer rebates on land transfer taxes for first-time homebuyers. The amount of the rebate varies, and certain conditions must be met. Home Buyers' Plan (HBP): The HBP is a federal program that allows first-time homebuyers to withdraw up to $35,000 from their Registered Retirement Savings Plan (RRSP) to use as a down payment on a home. Ontario Homeownership Savings Plan (OHOSP): The OHOSP is a provincial program that allows individuals to save for the down payment on their first home by contributing to a special savings account. The government provides a matching grant of up to $500 per year. Municipal Incentives: Some municipalities in the GTA may offer additional incentives or grants to encourage homebuying, such as development charge rebates or community improvement plans. Energy Efficiency Programs: There may be energy efficiency programs that offer incentives for purchasing energy-efficient homes or making energy-efficient upgrades. These programs aim to promote sustainable and eco-friendly housing. To get the most up-to-date information on current government programs and incentives, it's recommended to check with relevant government websites, local municipalities, and financial institutions. Additionally, consulting with a local real estate professional or mortgage advisor can provide insights into available programs and how they may apply to your specific situation. Cash for keys: Some tenants who face eviction demand thousands from landlords amid tribunal delays | RCI What some see as taking advantage of Ont. Landlord and Tenant Board backlog others view as fair compensation ici.radio-canada.ca READ MORE ... They lost their home in a fire. Then they lost their dignity. We followed one family trying to find a new home in Yellowknife public housing after the Garden Townhomes fire. They found it soul-destroying. cabinradio.ca READ MORE ... Best First Home Savings Accounts (FHSAs) 2024 Compare the best first home savings accounts (FHSA) in Canada for 2024 to get your first home faster. Here’s what you need to know. money.ca READ MORE ... 'Completely unique': Pair of multi-million-dollar Winnipeg homes hit the market A pair of very different but similarly priced mansions have hit the market in Winnipeg, perfect for buyers looking to spend a couple of million dollars on some truly unique real estate. winnipeg.ctvnews.ca READ MORE ... Here's how many homes sold for $1 million in Ottawa in 2023 The 2023 year-end luxury real estate report from Engel & Völkers shows 1,263 residential properties sold for over $1 million in 2023, along with 39 condominium properties. In 2022, 1,872 residential properties and condominiums sold for over $1 million. ottawa.ctvnews.ca READ MORE ... Buying a home in Innisfil? That'll cost more than it did 1 year ago Barrie and District Association of Realtors data shows the average residential sale price in Innisfil was $789,146 last month, up 9.64 per cent from December 2022 innisfiltoday.ca READ MORE ... Canadian landlords saw record-high rents of $2,178 last year: Rentals.ca, Urbanation - REM This year, the rental market should stay undersupplied but reach more balance, with rents expected to increase by about 5 per cent realestatemagazine.ca READ MORE ... This $12 Million Toronto Estate Looks Plucked From the French Countryside Built in the 1930s, the stately 12,000-square-foot stone mansion was gut renovated in 2019. ca.news.yahoo.com READ MORE ... Outside the box: Innovative homes on the market in Halifax As potential homebuyers continue to struggle with high borrowing costs, some innovative and affordable housing solutions are emerging, right out of the box. atlantic.ctvnews.ca READ MORE ... Brampton's 2023 real estate sales the lowest since 2001 December sale prices for all dwelling types in Brampton up slightly compared to previous December 2022. bramptonguardian.com READ MORE ... Average Calgary rent jumps by more than 18% year-over-year: report The average cost to rent a one-bedroom apartment in Calgary has increased dramatically in the past year, new data suggests. calgary.ctvnews.ca READ MORE ... Hamilton to become 1st Ontario city with bylaw to stop 'bad faith' renovictions | CBC News After more than a year of work and multiple drafts, city staff presented their latest version of the bylaw to councillors on Wednesday, who voted unanimously in support. 'I can’t think of a better love letter to our neighbours who rent to affirm the fact you matter and you’re valued as Hamiltonians,' Coun. Nrinder Nann says. cbc.ca READ MORE ... One bedroom renters paid nearly 9% more in Brampton than the national average in January | inBrampton The average price of rental units in Brampton remained mostly stable for the start of the new year, but the city is still considered one of the most expensive places to rent in all of Canada and the GTA. insauga.com READ MORE ... Toronto real estate market may have 'woke up from its slumber' but don't expect price increases for now: report Toronto’s real estate market may have “woke up from its slumber” as 2023 drew to a close but the trend of higher resale activity will have to persist for several more months before it leads to a rebound in prices, a new report from RBC suggests. cp24.com READ MORE ... Canadian Mortgage Rates May Resume Climb As Bond Yields Surge - Better Dwelling Canadian real estate buyers have been motivated by falling mortgage rates, but that may change soon. Government of Canada (GoC) 5-year bond yields have been climbing sharply. The yield, which helps determine the cost of 5-year fixed rate mortgages, had been falling over the past few months, delivering relief to buyers. Over the course of […] betterdwelling.com READ MORE ... The ultra-rich are back to buying up mansions no one else can afford in Toronto Last year's housing slump in Toronto may not have been enough to lower prices much, but the luxury housing market saw a substantial enough drop in ... blogto.com READ MORE ... Mortgage renewal wave to weigh on economic growth: Manulife Renewal-related uncertainty "will shape 2024," company says in outlook for the year mpamag.com READ MORE ... Toronto’s Roller Coaster 2023 Housing Market Ended With 20 Year Low in Sales The GTA’s housing market ended 2023 with the lowest number of home sales in over 20 years.  movesmartly.com READ MORE ... What's the interest rate outlook in Canada for the year ahead? The direction of rates will have huge influence over Canada’s housing and mortgage markets in 2024 mpamag.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 GTA 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 SearchRealEstateInToronto.ca | Rent-To-Own Homes | ManojAtri.ReMaxHallmarkRealty.ca  Social Media: Facebook Profile • Blog • Pinterest • Tumblr 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