28th July 2023 - Greater Toronto Real Estate Chronicles: Daily Highlights

★ Friday 28th July 2023 ★ Homes Buying And Selling FREE Reports! Greater Toronto Real Estate Chronicles: Daily Highlights! "Experience a seamless journey in Home Buying and Selling with our Reports and Prime Listings!" Welcome to "Greater Toronto Real Estate Chronicles: Daily Highlights!" Our daily newsletter is your definitive chronicle of the most noteworthy and impactful highlights in the Greater Toronto real estate market. We understand that staying informed is essential, so we curate the most relevant and exciting content to keep you up to date. Whether you're a buyer, seller, investor, or industry professional, our highlights cover a wide range of topics, including market trends, new developments, neighborhood spotlights, financing options, and more. Journey through the chronicles of Greater Toronto real estate and make informed decisions with our daily highlights. Subscribe now to "Greater Toronto Real Estate Chronicles: Daily Highlights" and embark on a daily journey of discovery in the ever-evolving Greater Toronto real estate market. How can the Toronto Homes Buying and Selling Reports benefit me in my Real Estate Journey? The Toronto Homes Buying and Selling Reports can provide valuable insights and benefits to both homebuyers and sellers throughout their real estate journey. Here's how these reports can be advantageous: For Homebuyers: Market Trends: The reports offer up-to-date information on current market trends in Toronto's real estate market. This includes data on housing prices, inventory levels, and the average time properties spend on the market. Understanding these trends can help buyers make informed decisions about when and where to purchase a property. Neighborhood Analysis: The reports may include neighborhood-specific data, such as property prices, school ratings, crime rates, and amenities available in the area. This information helps buyers evaluate different neighborhoods and identify the ones that align with their preferences and lifestyle. Comparable Sales: Buyers can access data on recent comparable sales in the area, giving them an idea of property values and potential negotiating power when making an offer on a home. Investment Opportunities: For buyers interested in real estate investment, the reports can highlight potential areas with strong growth prospects and rental demand. Access to Professional Expertise: Some reports may be prepared by experienced real estate professionals who offer insights and analysis based on their expertise. This can be invaluable for buyers who are new to the real estate market or need guidance in understanding the data. For Home Sellers: Pricing Strategies: The reports can help sellers determine the best pricing strategy for their property by providing data on recent sales and market conditions. This information helps sellers set a competitive and realistic listing price. Understanding Buyer Preferences: Reports may include data on buyer preferences, such as the most sought-after property features or popular neighborhoods. This understanding can guide sellers in preparing and marketing their homes to attract potential buyers. Marketing Insights: The reports may offer information on effective marketing strategies and trends that can help sellers reach their target audience and showcase their property's unique selling points. Timing and Seasonality: Data on seasonal trends in the real estate market can help sellers choose the best time to list their property to maximize exposure and potential selling price. Negotiation Strategies: Armed with market data and insights from the reports, sellers can approach negotiations with confidence and make informed decisions during the selling process. Ultimately, the Toronto Homes Buying and Selling Reports act as a valuable resource for both buyers and sellers, providing them with data-driven insights, market knowledge, and guidance that can lead to successful and well-informed real estate transactions. It's important to access these reports from reputable sources and consider them in conjunction with advice from experienced real estate professionals to make the most of your real estate journey in Toronto. Can a Landlord Break a Lease? | SmartMove In some cases, landlords can break a lease early and help protect property from further damage and bad renters. Read now to learn how. mysmartmove.com READ MORE ... ‘Canadians need homes, not highly paid government executives’: The CMHC paid nearly $27M in incentive pay last year - NOW Toronto The Canadian Taxpayer Federation says The Canada Mortgage and Housing Corporation handed out almost $27 million in bonuses last year. nowtoronto.com READ MORE ... Toronto housing market hits the brakes John Pasalis, president of Realosophy Realty, talks about how Toronto's housing market has hit the brakes. Watch here. financialpost.com READ MORE ... This historic $5.5 million Bridle Path home would make the perfect party house Behind some overgrown shrubbery at the corner of Bayview Ave. and Valleyanna Dr. is a 1917 Arts and Crafts-style gatehouse designed by Eden Smith, ... blogto.com READ MORE ... Bank of Canada says it won't raise rates more than necessary The central bank's increase earlier this month pushed up its policy rate to a multi-decade high of 5% mpamag.com READ MORE ... Immigration targets might be a shock to Canadian economy and housing: TD Surging immigration could lead to a significant widening of the gap between incoming demand and ongoing construction mpamag.com READ MORE ... Calculating Property Value: A Comprehensive Guide for the Canadian Real Estate Market Unlock the secrets of calculating property value: expert tips, tools, and strategies for accurate real estate appraisals and market analysis repmag.ca READ MORE ... How Renters Are Paying the Highest Price for Canada’s Housing Crisis In our new feature "Move Smartly Ideas", John Pasalis talks about what he's writing, reading and thinking about right now with Urmi Desai, Move Smartly editor. movesmartly.com READ MORE ... “I live in my van, rent-free, in downtown Toronto. Here’s how I make van life work” For the past four years, Georgia Broderick and her fiancé have lived full time in their 72-square-foot van. Here, she explains why it’s worth it—even without a bathroom torontolife.com READ MORE ... 8 Qualities of Good Tenants | MySmartMove Learn about the top qualities of good tenants and improve your search for your next renter with this guide from SmartMove. mysmartmove.com READ MORE ... You can live in a dream Barbie penthouse in Hamilton for only $679K Is Hamilton everything, and Toronto's just Ken? If this penthouse is anything to go off of then yes, Hamilton is Barbie because it is giving EVERYT... blogto.com READ MORE ... Canadian Mortgages To Surge Higher As Bond Yield Hits 16 Year High - Better Dwelling Buckle up, Canadian mortgage rates are about to climb even further in the coming weeks. The Government of Canada (GoC) 5-year bond yield closed Thursday at a 16-year high. The yield directly influences a key mortgage rate, meaning interest costs are about to head in this direction as well. At least one Big Six bank […] betterdwelling.com READ MORE ... 10 Landlord Forms & Rental Documents to Keep on File | SmartMove Landlords use an array of forms and rental documents. Learn which you should keep on file for your rental property. mysmartmove.com READ MORE ... Canada’s Temporary Resident Surge Needs Better Targeting, Creating Housing Chaos: RBC - Better Dwelling Canada turned to millions of temporary residents to solve its coming demographic shift, but will it work? RBC Economics has released a new analysis discussing the country’s recent surge in temporary residents. These temporary residents are providing essential labor, helping to resolve the sudden shortages after pandemic stimulus. However, the programs need better targeting, as […] betterdwelling.com READ MORE ... Calgary's luxury condo market soars: $1 million-plus sales double in first half of 2023 Canada's luxury markets have shown varying performances so far in 2023, signalling a departure from the unified national trends, according to Sotheby's Canada. realestatemagazine.ca READ MORE ... Canada mortgage market: What's next for homeowners and buyers? The high-interest-rate environment is unlikely to subside anytime soon, says company VP mpamag.com READ MORE ... Renting vs. buying in today's market: how monthly payments compare - Mortgage Rates & Mortgage Broker News in Canada A new study has found the cost of renting vs. buying comparable housing in select Canadian markets is nearly on par. canadianmortgagetrends.com READ MORE ... Halal finance options have expanded in recent years, but demand outstrips supply When Imad Ansari wanted to start investing around 15 years ago, his options were limited. As a practicing Muslim, Ansari wanted to make sure his investments were halal, meaning that they followed Islamic rules. stalbertgazette.com READ MORE ... Cost of renting in Burlington significantly lower than paying mortgage | inHalton It is more than twice as expensive to buy a home than to rent in Burlington, despite the city having among the highest rents in Canada. A study conducted by online real estate firm Zoocasa showed that higher interest rates couldn’t outpace skyrocketing rents. Record population growth is not only driving up home prices but […] insauga.com READ MORE ... Living And Renting An Apartment In Toronto - Canada Immigration and Visa Information. Canadian Immigration Services and Free Online Evaluation. Toronto is one of the largest and most populous cities in Canada and is a major economic, cultural, and transportation hub. immigration.ca READ MORE ... The Impact of Commute Time on Home Buying The impact of commute time on home buying has increasingly become important for Canadian buyers. Read on to learn more. blog.remax.ca READ MORE ... Rent or buy? Cost gap as high as $2,600 in one major B.C. city, says report Vancouver, Victoria and Surrey mortgage holders pay on average $1,9421 more per month than renters within those three respective cities. newwestrecord.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

27th July 2023 - Stay Informed: Greater Toronto Real Estate Newsflash

★ Thursday 27th July 2023 ★ Buy With Low Or Zero Down Payment! Stay Informed: Greater Toronto Real Estate Newsflash! "Unlocking doors to Real Estate Prosperity: FREE Reports and exclusive NEW Listings!" Welcome to "Stay Informed: Greater Toronto Real Estate Newsflash!" Our daily newsletter is your lightning-fast source for the latest news, trends, and insights in the Greater Toronto real estate market. We understand that staying up to date is crucial, so our newsflash 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 opinions. Stay ahead of the game and make informed decisions with our real-time updates. Subscribe now to "Stay Informed: Greater Toronto Real Estate Newsflash" and never miss a beat in the dynamic Greater Toronto real estate scene. What are the different options available for Low or Zero Down Payment Homebuyers in Toronto? For low or zero down payment homebuyers in Toronto, there are several options available to assist with purchasing a home. These options aim to make homeownership more accessible, particularly for first-time buyers or those with limited savings. Here are some common programs and solutions: Government-Backed Mortgage Programs: a. Canada Mortgage and Housing Corporation (CMHC) - The CMHC offers mortgage loan insurance for homebuyers with a down payment of less than 20% of the purchase price. This insurance protects the lender in case of default and allows buyers to access mortgage financing with a lower down payment. b. Genworth Canada and Canada Guaranty - Similar to CMHC, these are private mortgage insurance providers that offer insurance for low down payment mortgages. First-Time Home Buyer Incentive (FTHBI): The FTHBI is a government program designed to help first-time homebuyers reduce their monthly mortgage payments. Eligible buyers can apply for a shared-equity mortgage with the government, where the government contributes a percentage of the home's value towards the down payment in exchange for a share in the property's appreciation. Home Buyers' Plan (HBP): The HBP allows first-time homebuyers to withdraw up to $35,000 from their Registered Retirement Savings Plan (RRSP) tax-free to use towards the down payment on a home. The withdrawn amount must be repaid to the RRSP over a specified period. Down Payment Assistance Programs: Some non-profit organizations and municipalities offer down payment assistance programs that provide grants, loans, or forgivable loans to help eligible buyers with their down payment. Cash Back Mortgage: Some lenders offer cash back incentives to homebuyers, allowing them to use a portion of the mortgage amount as their down payment. Keep in mind that cash back mortgages may have higher interest rates. Flex-Down Mortgage: A flex-down mortgage allows buyers to borrow their down payment through a personal loan or line of credit. Lenders assess the borrower's ability to manage additional debt when considering this option. Family Gift: Buyers may receive a down payment gift from immediate family members to help with their home purchase. Lenders typically require a gift letter stating that the funds are a gift and not a loan. It's important to note that low down payment options may come with certain conditions, such as higher interest rates, mortgage insurance premiums, or specific eligibility requirements. Buyers should carefully consider the long-term financial implications and affordability before choosing a low or zero down payment option. Consulting with a mortgage professional and a reputable real estate agent can help you explore the available options and find the best fit for your individual circumstances. How to dispute your credit score in Canada Credit reports are crucial to building the life you want. Yet mistakes can occur, with potentially dire consequences. Here's how to dispute your credit score. rates.ca READ MORE ... Tenant rent strike in Toronto community picks up steam as more groups join in The tenant rent strike in Toronto's York South-Weston community first gained traction in June, when approximately 200 residents at 33 King St. — lo... blogto.com READ MORE ... This $4 million Toronto home doesn't even have walls The average house in the Annex goes for $3.2 million, which is pretty much double the GTA average for a detached house.  But usually those houses c... blogto.com READ MORE ... Renting vs. Buying: Where Monthly Mortgage Payments are Comparable to Monthly Rent Across Canada | Zoocasa Blog Renting is often seen as more affordable than buying, but how much more affordable is it really? In this comprehensive study analyzing average rental prices vs. average monthly mortgage payments, find out exactly how renting and buying a home differs in major cities across Canada. zoocasa.com READ MORE ... Bank of Canada feared costs of postponing July rate hike - Mortgage Rates & Mortgage Broker News in Canada The Bank of Canada's Governing Council members opted for a 10th rate hike in July over concerns that waiting until September carried its own risks. canadianmortgagetrends.com READ MORE ... House of the Week: $2.4 million for a modular home near Prince Edward County with a waterfront deck the size of a basketball court This quirky 3,100-square-foot property sits right on the Bay of Quinte and also comes with eight skylights and a guest house torontolife.com READ MORE ... Calgary's hot housing market spurs expansion of home search app beyond Toronto, Vancouver The scarcity of available real estate in Calgary , coupled with rapidly increasing costs and an overwhelming demand, has pushed the dream of homeownership out of reach for many people, including Farah Meghani. Having called Calgary her home for the past eight years, Meghani has a stable job in the oil and gas field and is eagerly looking to secure a place she can call her own. Beyond just seeking a living space, she views homeownership as a... msn.com READ MORE ... Canadian Households Get Left Behind As Real Disposable Income Falls - Better Dwelling Canadian households are about to be hit with a demand limiting factor—income. Household disposable income growth is failing to keep up with inflation according to StatCan data. Even worse, once adjusted for inflation and the country’s booming population growth, it paints a dreary picture as debt problems surface.  Household Disposable Income Household disposable income is […] betterdwelling.com READ MORE ... Owen Sound to restrict short-term rentals to principal residences Owen Sound's short-term rental licensing program as it is currently proposed will restrict rentals to primary residences. owensoundsuntimes.com READ MORE ... Tenants take back power from landlords through strike action Individually, tenants have almost no negotiating power. But that could change when they get together with their next-door neighbours. rabble.ca READ MORE ... No longer fenced in by neighbour, Lake Erie cottage now for sale Dispute over short-term rentals had led to the landowner blocking access to three cottages south of Dunnville by putting a fence across his private road thespec.com READ MORE ... Is the Housing Market Turning Around? Sales activity slowed and prices have moderated. Is the housing market turning around? The latest housing numbers might answer the question. blog.remax.ca READ MORE ... How a credit card strategy helped me save over $1,100 on a home remodel The morning after the hurricane hit Florida, I got a text from my tenant. stalbertgazette.com READ MORE ... Calgary home sales continue to soar despite higher interest rates - Calgary | Globalnews.ca Despite rising interest rates, Calgary homes sales continue to soar, leading to multiple offers and bidding wars on available homes. globalnews.ca READ MORE ... Why the FHSA isn't just a homeownership game-changer From retirement savings to giving to the next generation with warm hands, two planning experts explore creative options wealthprofessional.ca READ MORE ... The dynamic influence of changing demographics on Vancouver real estate GUEST SUBMISSION: In the vibrant city of Vancouver, where the breathtaking landscape meets a diverse and dynamic population, it is important to acknowledge the powerful force demographics contribute to shaping the real estate market landscape. renx.ca READ MORE ... Canadian Households Get Left Behind As Real Disposable Income Falls - Better Dwelling Canadian households are about to be hit with a demand limiting factor—income. Household disposable income growth is failing to keep up with inflation according to StatCan data. Even worse, once adjusted for inflation and the country’s booming population growth, it paints a dreary picture as debt problems surface.  Household Disposable Income Household disposable income is […] betterdwelling.com READ MORE ... Mortgage Types: Understanding Your Most Common Options Explore common mortgage types and the pros and cons of each option. discover.rbcroyalbank.com READ MORE ... Brampton ranked 5th most-expensive city in Canada to rent last month | inBrampton The average renter is spending 50 per cent less every month for housing compared to homeowners in Brampton as the city was ranked the 5th most expensive in Canada for rentals last month. insauga.com READ MORE ... Home mortgages are nearly double rents in Mississauga | insauga As home affordability becomes increasingly more difficult in Mississauga and across Ontario, residents may be considering renting versus buying. insauga.com READ MORE ... Canada’s Government Spending Helped Interest Rates Soar: BMO - Better Dwelling Canada’s economy has been a raging inferno of excess demand, and policymakers are throwing gas on it. That was the take in a new BMO Capital Markets memo warning that Federal spending is outpacing the country’s economic output, contributing to excess demand and higher inflation. As a result, the bank warns that interest rates have […] betterdwelling.com READ MORE ... Renting remains much cheaper than buying in St. Catharines: Report | inNiagaraRegion While monthly rental rates and mortgage payments are similar in many Canadian municipalities, a new report suggests that renters still get a bit of a break over homebuyers in St. Catharines. According to a recent real estate website and brokerage Zoocasa report comparing rental and mortgage rates in 27 cities, the average monthly rent in […] insauga.com READ MORE ... We Asked People The Lowest Rent They've Paid In Canada & The Answers Were Shocking Those '90s prices were legit. 💰 msn.com READ MORE ... 'I want you to die': B.C. landlord claimed her tenant sent her sexual and threatening texts He also allegedly entered her unit and told her "he is the man" and "she is not going anywhere." vancouverisawesome.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