Mindblown: a blog about philosophy.
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10% Speculation Tax Hits Toronto Foreign Investors | Here’s what we have to offer, the best real estate services in the market. We do the hard work for you and make it happen.
Foreign buyers face a 10% speculation tax in Toronto starting January 1, 2025. The new Municipal Non-Resident Speculation Tax ensures affordable housing by curbing speculative foreign investments.
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Toronto Apartment Rents Decline by 7% | Here’s what we have to offer, the best real estate services in the market. We do the hard work for you and make it happen.
Toronto's apartment rents dropped by 7% yearly in Late-Q4 2024, reaching an average of $2,632. Three-bedroom apartments in Toronto saw a 3.3% yearly decline, averaging $3,718.
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Toronto city council finalizes new budget, with 6.9% property tax hike
Council approved a 6.9% property tax increase for 2025 in a 19 to 5 vote, following extensive debate on Mayor Olivia Chow's budget. The $18.8 billion operating budget focuses on transit, police, libraries, and affordable housing, while the $59.6 billion capital budget addresses infrastructure needs. Chow highlighted the challenges faced by residents, including high rent…
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Ramadan Mubarak! to Everyone 🙂
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Downtown Toronto office availability dips for first time in 5 years
The downtown Toronto office market has seen its first decline in office availability in five years, with a current availability rate of 20%. This reduction is attributed to strong leasing activity and aggressive landlord concessions. The trophy and class-A segments recorded positive net absorption, while class-B and -C offices faced negative absorption. Significant leases include…
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Check out my new listing Address: 55 Sandringham Clarington (Courtice), Ontario L1E1X2
*Pictures From Old Listing* Immaculately Kept 4 Bedroom Family Home In A Great Courtice Neighborhood. Ceramic Flooring Throughout The Main Floor In The Foyer, Kitchen, Bathroom And Main Floor Laundry Room. Beautifully updated Kitchen with Quartz Island and New Appliances With French Doors To The Backyard With Newly Done Interlock And Great Space For Entertaining.…
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Check out my new listing Address: 305 Terra Vaughan (East Woodbridge), Ontario L4L3J4
Stunning Home in the Heart of Woodbridge! Features a fully upgraded kitchen with granite countertops, cornice molding, a custom backsplash, light valance molding, and stainless steel appliances. Cozy gas fireplace with a marble surround. Highlights include a custom-built oak wall unit with pot lights and beveled glass, an elegant oak staircase with wrought iron pickets,…
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Check out this open house Listing Address: 305 Terra Vaughan (East Woodbridge), Ontario L4L3J4
Stunning Home in the Heart of Woodbridge! Features a fully upgraded kitchen with granite countertops, cornice molding, a custom backsplash, light valance molding, and stainless steel appliances. Cozy gas fireplace with a marble surround. Highlights include a custom-built oak wall unit with pot lights and beveled glass, an elegant oak staircase with wrought iron pickets,…
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What you need to know about Toronto’s 2025 proposed budget
The City of Toronto's proposed 2025 budget includes a 5.4% increase in property tax for residential properties, alongside a 1.5% City Building Fund levy, totaling a 6.9% increase. This results in an annual increase of $210 for the average home. The budget also features expanded relief for seniors and people with disabilities, a fare freeze…
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Tax Breaks Fuel Short-Lived Toronto Rental Surge | Here’s what we have to offer, the best real estate services in the market. We do the hard work for you and make it happen.
Tax cuts led to a temporary increase in rental construction in Toronto, but the effects were short-lived. The GTHA saw rental starts surge from 16% to 27%, tripling in Toronto to 51%.
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