toronto reddit real estate | canadahousing2 reddit

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r/Torontorelaestate: What's good and bad about housing market in the Greater Toronto Area, latest news, facts and trends affecting the real estate.

The Latest Real Estate Market News, Trends & Advice For Toronto GTA and Surrounding areas Halton, Peel, York, & Durham. Members Online PSA: Do not buy from Madison .

If you're buying as an investment, do not buy now. The math just doesn't work, you won't beat a simple GIC on returns. If you're buying it to live in, and you can afford it, there's .

The Latest Real Estate Market News, Trends & Advice For Toronto GTA and Surrounding areas Halton, Peel, York, & Durham. MembersOnline.If you arent doing this now youre behind the 8 ball. Youll find opportunities earlier only if youre in tune with the market. Sellers are pulling their ads so if your comfortable with a home and a price you can afford go for it.Inventory is going to stay low in 2023 if interest stays high.You cannot time a purchase.

58 votes, 117 comments. 93K subscribers in the TorontoRealEstate community. The Latest Real Estate Market News, Trends & Advice For Toronto GTA and.The Latest Real Estate Market News, Trends & Advice For Toronto GTA and Surrounding areas Halton, Peel, York, & Durham. Members Online In order to meet the Liberals' latest housing goal, they must build 1.096 homes every single minute until 2031.bla bla bla. Standard residential real estate transaction legal fees are about $1,500-$4,000 in gross fees in Toronto. I paid on the low end in 2021. Took an hour to go through all the paperwork with the lawyer on a call plus all the time they spent drafting, plus their staff that handled most correspondence.Currently, I've got my sights set on a multi-family home with 4 bedrooms and 2 bathrooms. The asking price is $55,000, mainly due to its vacant status. I believe I can negotiate for a cash deal in the range of $20,000 to $30,000. This property is located in a neighborhood primarily consisting of single-family houses.A real crazy culture of "real estate investing", which bubbled and popped - and a LOT of those "investors" also brought property in Canada. We need housing regulation to fix this. We can start with simple stuff, like no foreign nationals buying properties to rent & siphon money out of Canada; no investment companies buying and handing off .

The Latest Real Estate Market News, Trends & Advice For Toronto GTA and Surrounding areas Halton, Peel, York, & Durham. Are realtors actually worth the price? Given that the current prices for real estate in Toronto are astronomical, and that real estate agents demand 2.5% purchase price as a commission, are the potential savings that a realtor .toronto reddit real estateThe Latest Real Estate Market News, Trends & Advice For Toronto GTA and Surrounding areas Halton, Peel, York, & Durham. Are realtors actually worth the price? Given that the current prices for real estate in Toronto are astronomical, and that real estate agents demand 2.5% purchase price as a commission, are the potential savings that a realtor .

Related Real estate industry Toronto Real estate sector Canada (travel) Canada Business Travel North America Business, Economics, and Finance Place forward . Please remember: Reddit IS NOT a replacement or substitute for a qualified solicitor, and any advice given here which relates to the law is purely academic in nature and should not .Related Real estate industry Toronto Real estate sector Canada (travel) Canada Business Travel North America Business, Economics, and Finance Place forward back r/TorontoRealEstate The Latest Real Estate Market News, Trends & Advice For Toronto GTA and Surrounding areas Halton, Peel, York, & Durham.Most top producing agents (20+ transactions per year) are somewhere between $250k-$500k/year. This level is the top few % of all realtors and takes a lot of work to get there, being a neighbourhood/property type expert, or an amazing network and means you are likely consistently working 60+ hrs per week. 4.

Related Real estate industry Toronto Real estate sector Canada (travel) Canada Business Travel North America Business, Economics, and Finance Place forward back r/TorontoRealEstate The Latest Real Estate Market News, Trends & Advice For Toronto GTA and Surrounding areas Halton, Peel, York, & Durham.Investing. Very new to the real-estate game. I'm looking to purchase a $525K lower level condo townhouse in Liberty Village in downtown Toronto (1 bedroom + parking space). Maintenance fee is $475 per month. Around half of the total purchase cost would be financed through a line of credit.

stress tested at 2% higher than what the bank did to stay safe in a volatile environment. mortgage variable at 1.1-1.5% for 3 years before the increases, now at 6% (went from $1200 bi-weekly to $1750-1800) Income increased by about 60% since 2019, and investments back in slowly helping handle the increase in mortgage.Rent is limited by incomes, unlike mortgages. You can't "save up" for rent, so you can't pay rent more than a substantial part of your salary. In NYC at least - people paying $4500/month in rent have the income to support that rent. There's not enough $150K family income families to support that rental price.Related Real estate industry Toronto Real estate sector Canada (travel) Canada Business Travel North America Business, Economics, and Finance Place forward back r/TorontoRealEstate The Latest Real Estate Market News, Trends & Advice For Toronto GTA and Surrounding areas Halton, Peel, York, & Durham.Investing. Very new to the real-estate game. I'm looking to purchase a $525K lower level condo townhouse in Liberty Village in downtown Toronto (1 bedroom + parking space). Maintenance fee is $475 per month. Around half of the total purchase cost would be financed through a line of credit.stress tested at 2% higher than what the bank did to stay safe in a volatile environment. mortgage variable at 1.1-1.5% for 3 years before the increases, now at 6% (went from $1200 bi-weekly to $1750-1800) Income increased by about 60% since 2019, and investments back in slowly helping handle the increase in mortgage.Rent is limited by incomes, unlike mortgages. You can't "save up" for rent, so you can't pay rent more than a substantial part of your salary. In NYC at least - people paying $4500/month in rent have the income to support that rent. There's not enough $150K family income families to support that rental price.

The Latest Real Estate Market News, Trends & Advice For Toronto GTA and Surrounding areas Halton, Peel, York, & Durham. Members Online Scarborough Detached House sold for a loss of $475,000 (32.2%) in a Power of Sale.canadahousing2 redditThe Latest Real Estate Market News, Trends & Advice For Toronto GTA and Surrounding areas Halton, Peel, York, & Durham. Members Online Former US Treasury Secretary Larry Summers says the neutral interest rate has moved up to the 4% range instead of being in the 2% range that people are expecting.

toronto reddit real estate canadahousing2 redditToronto condo was sold for $618,000 in 2019, and sold for $522,000 in April 2024, a $96,000 (15.5%) loss compared to the 2019 price. Moss park is deteriorating a lot recent years. lol agents back then were propagating that the area was rapidly going through gentrification. It will eventually get gentrified with the new subway station that is .

I'm a real estate agent, and it seems that a common budget among lease clients I work with is $1,700 (which is already very tight for a 1 to 1+ in Toronto specifically). For roommates, a lot of lease clients expect that number to drop because of the shared occupancy (and it often does, but not by much). So take $1,300-$1,500 and x it by 3 and .For Toronto: Rosedale, Forest Hill, Lawrence Park. For East York: Leaside. For York: Baby Point. For North York: Hogg's Hollow, Bridal Path. For Scarborough: Scarborough Bluffs. I'm sure I'm missing some but it's a start. It really depends on the stage of life and your life style. East York Danforth.After a few years working in and studying the market in Toronto, HMV Homes decided to bring this style of building here. Krikorian said the garden suite was the hardest to determine a listing price for, alongside the builder, as there were "zero comparable" homes for sale in the area — leaving them to look at detached homes and condos nearby .1B @ $650k x 10% compounded growth = $1.046M. That means almost $400k bonus equity. Subtract $50k realtor fees and you have $350k surplus equity. If you had out 10% down on the 1B you now have $415k equity, plus you will have paid off about $100k over the 5 years on a 2.5% interest rate. So round down to $500k total.

The Latest Real Estate Market News, Trends & Advice For Toronto GTA and Surrounding areas Halton, Peel, York, & Durham. Members Online Dr. Mike Moffatt: Approximately 70% of Ontario's housing demand comes from people who arrived in the last 12 months or non-permanent residents who gained permanent residency in the last 12 months.

Resultado da bet arara A vitória do Grêmio🃏 sobre o Palmeiras trouxe mais uma vez à tona a possibilidade do time gaúcho seguir na briga pelo🇺🇲 título do Brasileirão. .

toronto reddit real estate|canadahousing2 reddit

toronto reddit real estate|canadahousing2 reddit.

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