📜 14th Sept 2023 - Difference between Rent and Condo Mortgage in St. Catharines is $120/month, says Study!

💥 Thursday 14th September 2023 💥 For Sale By Owner! Greater Toronto Real Estate: Hot Daily Highlights! "Turning Aspirations into Reality: Expert Reports & Handpicked Listings!" "Greater Toronto Real Estate: Hot Daily Highlights" is your daily source for the most sizzling developments and must-know insights in the Greater Toronto Area's real estate market. Each day, we bring you a curated selection of the hottest trends, news, and market updates directly to your inbox. Whether you're a potential buyer, seller, investor, or a real estate enthusiast, our highlights cover a wide range of topics, including market shifts, investment opportunities, new listings, and expert analysis. Stay in the know and keep your finger on the pulse of the dynamic GTA real estate scene with "Greater Toronto Real Estate: Hot Daily Highlights." How can I effectively market and advertise my property when selling "For Sale By Owner" in Toronto? Effectively marketing and advertising your property when selling "For Sale By Owner" (FSBO) in Toronto requires a strategic approach to attract potential buyers and maximize your property's visibility. Here are steps to help you market your FSBO property effectively: Set the Right Price: Conduct a thorough market analysis to determine the fair market value of your property. Pricing your home competitively is crucial to attracting buyers. Professional Photography: Invest in high-quality, professional photography. Clear, well-lit, and visually appealing photos can significantly impact a buyer's perception of your property. Write a Compelling Listing Description: Craft a compelling listing description that highlights your property's key features, including the number of bedrooms and bathrooms, unique selling points, and any recent upgrades or renovations. Online Listings: Utilize online platforms to list your property. Include all relevant details, pricing, and contact information. Create a Property Website: Build a dedicated website for your property. Include photos, a detailed description, and contact information. You can use website builders or hire a professional web designer. Leverage Social Media: Promote your property on social media platforms like Facebook, Instagram, and X (formerly Twitter). Create engaging posts with high-quality images and use relevant hashtags. Use Video Tours: Create a video tour of your property to give potential buyers a virtual walkthrough. Videos can be shared on YouTube, social media, and your property website. Signage: Place a "For Sale" sign in your yard with contact information. Make sure the sign is clean and easy to read. Host Open Houses: Schedule open house events to allow prospective buyers to view the property in person. Advertise these events online and with physical signage. Distribute Flyers and Brochures: Design and print flyers or brochures highlighting your property's features. Distribute them in your neighborhood and at local businesses. Network: Let friends, family, and acquaintances know that your property is for sale. Word-of-mouth referrals can be valuable. Respond Promptly: Be responsive to inquiries and requests for property viewings. Potential buyers may lose interest if they don't receive timely responses. Highlight Local Amenities: Mention nearby schools, parks, shopping centers, and public transportation options in your marketing materials. These amenities can be attractive to buyers. Legal Considerations: Ensure that you comply with all legal requirements for property disclosure and contracts when selling FSBO. Consult with a real estate attorney for guidance. Consider an MLS Listing Service: Some services allow FSBO sellers to list their properties on the Multiple Listing Service (MLS) for a fee. This can significantly increase your property's exposure to real estate agents and buyers. Negotiation and Closing: Be prepared to handle negotiations and the closing process, including legal paperwork, inspections, and any necessary repairs. Selling FSBO can save you on real estate agent commissions but requires careful planning and effort. While marketing your property, be prepared to handle inquiries, showings, negotiations, and legal aspects of the sale. Consider seeking legal advice or consulting with a real estate attorney to ensure you're following all local regulations and protecting your interests throughout the process. Difference between rent and condo mortgage in St. Catharines is $120/month, says study | inNiagaraRegion A new report from real estate brokerage Zoocasa says that for $120 more a month, St. Catharines renters could be in condo units building equity. While the average rent in St. Catharines was calculated to be $1,832 a month, the same study pegged the average mortgage payment on a condo to be $1,992 a month. […] insauga.com READ MORE ... Rental prices up close to 20% for two-bedroom units in Mississauga: Report | insauga Rental rates continue to climb in most major markets in Canada and GTA cities such as Mississauga are seeing significant annual increases. According to Rentals.ca and Urbanation’s latest National Rent Report, Mississauga came in fourth on the list of 35 cities for average monthly rental rates in August. Last month, the average price of a […] insauga.com READ MORE ... Average rent for 1-bedroom in Toronto climbs over $2,600 Canadian rent reaches another record-high with the average rent for a one-bedroom unit in Toronto now over $2,600. toronto.citynews.ca READ MORE ... Both tenants and landlords express dismay at rent increase rate for 2024 | CBC News In a market where rents continue to rise and many landlords rely on rental income to help cover their mortgages, both owners and tenants have expressed dismay over the announcement.  cbc.ca READ MORE ... Rent for one-bedroom apartment in Toronto up more than 10 per cent from last year, while Brampton sees a nearly 30 per cent jump Students renting a new apartment in Toronto for the school year may have been shocked to find rental prices have jumped by more than 10 per cent in the city compared to a year ago. cp24.com READ MORE ... Average rental price hit record high in Canada, double-digit spike in Barrie | Barrie 360 Average rental price hit record high in Canada, double-digit spike in Barrie barrie360.com READ MORE ... Rental of the Week: $3,200 for an art deco hard loft in North York with its own rooftop terrace This 1,000-square-foot unit comes with two bedrooms, 13-foot ceilings, sneaky storage hacks and top-notch amenities torontolife.com READ MORE ... Your landlord wants to renovate your rental home. Now what? | CityNews Toronto Landlords have the right to renovate rental units, but must follow a prescribed process that has some built-in protections for tenants. toronto.citynews.ca READ MORE ... Rental cost continues to rise at record pace in Oakville and Burlington | inHalton Oakville and Burlington remain among the most expensive places to rent in Canada. According to the National Rent Report, which charts and analyzes monthly, quarterly and annual rates and trends in the rental market on a national, provincial, and municipal level, Oakville is the second most expensive place in Canada to rent a condo or […] inhalton.com READ MORE ... Average rental prices across Canada jump $103 to hit record high: Report The National Rent Report from Rentals.ca and Urbanation showed Canadian rents increased by an average of more than $100 over the last three months. From May to August, the Canadian market experienced a 5.1% increase in the asking price for rent, equivalent to a monthly rental increase of $103. The report also said that the average asking rents in Canada reached a new record high of $2,117 in August with a monthly increase of 1.8% and an annual... msn.com READ MORE ... Multiplex makeover: From a single-family downtown Toronto dwelling to 10 rental units - Macleans.ca Toronto just loosened its zoning rules around multi-unit dwellings. Multiplexes like this one could make renting in the city more affordable. macleans.ca READ MORE ... Rent for one-bedroom apartments surpasses $1,900 in Hamilton The average rent for apartments and condominiums in the city was $2,090 in August, according to Rentals.ca. thespec.com READ MORE ... Rent for one-bedroom in Kelowna leaps past $2,000 a month By comparison, rent ranges from about $1,000 a month in Saskatoon to almost $3,000 in Vancouver. infotel.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 ... Rental of the Week: $3,200 for an art deco hard loft in North York with its own rooftop terrace This 1,000-square-foot unit comes with two bedrooms, 13-foot ceilings, sneaky storage hacks and top-notch amenities torontolife.com READ MORE ... Landlord/tenant rights and responsibilities during renovations | CityNews Toronto If a landlord wants to do renovations, the Rental Tenancies Act lays out a legal process to do so that builds in protections for tenants. Dilshad Burman has more.  toronto.citynews.ca 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 ... No damages caused by listing agent's failure to recommend legal advice Discover why a listing agent's failure to recommend legal advice may not result in damages. Read more in our latest article. realestatemagazine.ca READ MORE ... What is a Pre-Construction Condo & How to Buy One in Toronto The appeal of pre-construction condos in Toronto is rising, particularly among investors and first-time homebuyers. Understanding the intricacies of contracts, legalities, and financial obligations associated with such a purchase is… vaughantoday.ca READ MORE ... Overbidding trend in the GTA has "totally reversed" Are you curious about the latest trend in the GTA real estate market? Our latest article reveals a surprising reversal, and you won't believe what it means for homebuyers. realestatemagazine.ca 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

💸 13th Sept 2023 - Pre-Sale Buyers want their Deposits back from troubled Richmond Development!

★ Wednesday 13th September 2023 ★ Toronto Real Estate Fixer Upper - Myths & Facts! Daily GTA Real Estate Buzz: Curated Insights! "Elevate Your Real Estate Experience: Comprehensive Reports & Exclusive Listings!" "Daily GTA Real Estate Buzz: Curated Insights" is your daily dose of curated wisdom in the world of Greater Toronto Area real estate. Each day, we sift through the latest news, trends, and market data to deliver you the most valuable insights, directly to your inbox. Whether you're a prospective buyer, seller, investor, or industry expert, our carefully selected content covers a wide spectrum, from market updates and investment opportunities to expert opinions. Stay ahead of the curve and make informed decisions with "Daily GTA Real Estate Buzz: Curated Insights" as your trusted guide in the dynamic GTA real estate landscape. How can I identify hidden issues or potential pitfalls when considering a Fixer-Upper Property? Identifying hidden issues or potential pitfalls when considering a fixer-upper property is crucial to making a sound investment and avoiding costly surprises down the road. Here are steps you can take to uncover hidden issues and evaluate the true condition of a fixer-upper: Hire a Professional Home Inspector: One of the first steps you should take when considering a fixer-upper is to hire a qualified home inspector. Home inspectors are trained to identify structural, electrical, plumbing, and other issues that may not be immediately apparent. They provide a detailed inspection report outlining any problems they find. Look for Red Flags: During your initial walkthrough of the property, keep an eye out for potential red flags. These can include signs of water damage, cracks in the foundation, sagging floors or ceilings, outdated electrical systems, and plumbing issues. Check for Mold and Pest Infestations: Mold and pest infestations can be costly to remediate. Look for signs of mold, such as a musty odor or visible mold growth, and inspect for evidence of pests like termites, rodents, or insects. Assess the Roof and Foundation: The roof and foundation are critical components of a home. Check the condition of the roof for missing or damaged shingles, and examine the foundation for cracks or signs of settling. Inspect the Electrical and Plumbing Systems: Outdated electrical and plumbing systems can be expensive to upgrade. Check the electrical panel for signs of overloading and ensure that wiring is up to code. Test faucets, toilets, and drains for plumbing issues. Examine the HVAC System: If the property has a heating, ventilation, and air conditioning (HVAC) system, have it inspected for proper functioning and signs of wear and tear. Check for Structural Issues: Pay attention to any structural issues, such as uneven floors, doors that don't close properly, or cracks in walls. These could indicate more significant problems. Assess the Condition of Windows and Doors: Inspect windows and doors for drafts, damage, or signs of poor insulation. Replacing these can be costly. Review Local Building Codes and Zoning Regulations: Contact the local building department to ensure that any renovations or additions you plan to make comply with local building codes and zoning regulations. Get Multiple Contractor Estimates: If you're planning extensive renovations, obtain quotes from multiple contractors. This can help you understand the cost of repairs and renovations and identify potential issues that contractors may uncover during their assessments. Consider the Neighborhood: Assess the neighborhood and surrounding properties. A great deal on a fixer-upper may not be worth it if the neighborhood has declining property values or safety concerns. Budget for Contingencies: When budgeting for a fixer-upper, include a contingency fund for unexpected repairs or issues that may arise during the renovation process. Consult with a Real Estate Agent: A knowledgeable real estate agent with experience in fixer-upper properties can provide valuable insights and guidance throughout the process. Remember that while fixer-upper properties can offer potential cost savings and the opportunity to customize your home, they also come with risks. It's essential to conduct thorough due diligence and work with professionals who can help you make informed decisions about whether a particular fixer-upper is the right investment for you. Pre-sale buyers want their deposits back from troubled Richmond development Three years after construction suddenly stopped on a large Richmond development, pre-sale buyers are demanding the developer return their deposits. bc.ctvnews.ca Read More ... Home Prices in Canada Are So Stretched That Even Owners Want Them to Fall Most Canadians are prepared to see home values fall, according to a new poll, suggesting some homeowners are willing to give up a bit of their own wealth to improve affordability for others. bloomberg.com Read More ... How to buy a house: A guide for first-time buyers | Livabl This how-to guide explains how to buy your first home. It covers everything from affordability to mortgage types, and how to shop for your broker. livabl.com Read More ... CIBC sees "no areas of concern" as 100,000 mortgage clients renewed at higher rates so far this year - Mortgage Rates & Mortgage Broker News in Canada CIBC reports that its mortgage clients are so far managing to absorb the payment shocks as their mortgages come up for renewal at higher rates. canadianmortgagetrends.com Read More ... One-quarter of mortgage-holders reportedly struggling to make monthly payments The Canada Mortgage and Housing Corporation says 24% of mortgage holders are having trouble paying their monthly payments, according to Blacklock’s Reporter . And only 55% said they expect their home to grow in value over the next year compared to 84% the previous year. “The current economic context and rise of interest rates has had a significant negative impact on many consumers’ financial situation,” said the 2023 Mortgage Consumer Survey. “A... msn.com Read More ... A stunning Toronto church is up for sale at $22.5 million A gorgeous Toronto church is up for sale for a staggering $22,500,000. While this 1871-built landmark comes with a steep selling price, there is mo... blogto.com Read More ... Investors have increased their share of mortgaged homebuyers BoC data also reveals greater expectation of rising home prices in the next 12 months wealthprofessional.ca Read More ... White Rock senior fears losing her home amid high interest rates | CityNews Vancouver Jan Miller, 73, tells CityNews she fears she could lose the White Rock home she's lived in for 50 years due to rising interest rates. vancouver.citynews.ca Read More ... Volatility in Mississauga’s real estate market continues in August Real estate in Mississauga has been anything but predictable so far in 2023 with prices swinging up and down seemingly month to month. mississauga.com Read More ... 5 Affordable Toronto Homes On The Market Last Month & Most Sold For Under The Asking Price Not everything is selling for over $1 million. msn.com Read More ... Niagara needs 17,000 new housing units every five years until 2051 to meet demand, councillors told Regional councillors learn Niagara needs 17,000 new housing units every five years until 2051 to meet the demand. stcatharinesstandard.ca Read More ... House of the Week: $1.3 million for an Edwardian in Roncesvalles Village with industrial flourishes The 1,350-square-foot property also comes with concrete accent walls, a striking staircase, a finished basement and a courtyard out back torontolife.com Read More ... Canadian Real Estate Might Get A Boost From BoC Pause, But It’s Unlikely: BMO - Better Dwelling Canadian real estate experts are torn on the impact of the latest central bank move. Last time the Bank of Canada (BoC) paused interest rate hikes, home prices surged. BMO warns not to expect a replay after the latest BoC pause. The economy is in a very different place these days, and most importantly—unlike last […] betterdwelling.com Read More ... BC Sets Rent Increase for Next Year at 3.5 Per Cent | The Tyee Housing Minister Ravi Kahlon says the decision balances the interest of tenants and landlords. thetyee.ca Read More ... Students struggle to find housing as rental scams increase International students say they feel targeted by fraudulent listings around campus theeyeopener.com Read More ... How to Declutter Your Home in 7 Simple Steps Do you feel overburdened by the mess in your house? Are you looking for an easy way to simplify and declutter your living space? You’re not alone! Studies sho theseeker.ca Read More ... Fall may look a lot like August for many of Canada's housing markets: RBC Economics "Any material acceleration in the recovery will have to wait until interest rates come down in 2024," writes RBC Economics' Robert Hogue realestatemagazine.ca Read More ... Most Canadians would welcome home price drops: survey This desire is particularly apparent among residents of the highest-demand markets, poll says mpamag.com Read More ... Overbidding trend in the GTA has "totally reversed" In August, the GTA housing market shifted from rampant overbidding to a surge in underbidding, particularly in the condo sector realestatemagazine.ca Read More ... Fraudsters intensifying attacks on Canadians, says new report A significant share of Canadians have reported being targeted by fraud recently mpamag.com Read More ... Victoria broker accused of operating Ponzi scheme found guilty of contempt Broker owes 1,200 investors roughly $226 million mpamag.com Read More ... Rent is going up more than $100 a month right now — with the average asking price a record $2,117 | CBC News Although the pace of increase has come down slightly, the price of rental accommodation in Canada continues to go up — with the average tenant now being asked to pay $2,117 a month. cbc.ca Read More ... New rent increase capped at 3.5 per cent, seemingly not welcomed by renters or landlords In an already tight, expensive rental market, landlords in B.C. will soon be able to increase their rent for existing tenants by three and a half per cent instead of the two per cent they're currently capped at. vancouverisland.ctvnews.ca Read More ... Market has cooled, but it’s still a seller’s real estate market in Greater Sudbury In spite of high interest rates, it’s still a seller’s market in Sudbury and area when it comes to home sales. northernontario.ctvnews.ca 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