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Condo prices are expected to rise - where should I invest?

By HST ReliefReal Estate Market Updates Condos & HousesFebruary 9, 20160 comments

  Recently, economists and real estate experts have proclaimed their sustained love for Toronto's real estate market.  Barry Fenton, CEO of Lanterra Developments, gives BNN's newscaster some seriously impressive arguments to defend the position that the Toronto condo market ...

Toronto's Real Estate Market in 2016 - Why to expect the boom to go on!

By HST ReliefReal Estate Market Updates Condos & HousesJanuary 20, 20160 comments

  2015 was a record year for the Toronto real estate market.  Although, to be fair, almost every year of the last 20 has been record breaking too.  Why is the Toronto market so strong?  Well, with over 100,000 people moving to the GTA every year, there is no ...

New Condo Legislation in Ontario aims to protect Condo Owners

By HST ReliefReal Estate Market Updates Condos & HousesDecember 11, 20150 comments

  Did you know that over 1.3M Ontarians reside in condominium housing?     In an attempt to protect condo home owners and to sustain agreeable condominium living,  the Provincial Ministry of Government and Consumer Services passed new legislation on December ...

Tax lawyers are warning condo investors about flipping preconstruction condos

By HST ReliefReal Estate Market Updates Condos & HousesOctober 23, 20150 comments

Tax lawyers are issuing warnings to their investor clients.  CRA is currently looking for those who fit the description of a "flipper".  A "flipper", defined as someone who has bought and sold new condos over the last 7 years, unfortunately (and unfairly) this also extends ...

What to know when buying a pre-construction condo in Toronto

By HST ReliefReal Estate Market Updates Condos & HousesSeptember 9, 20150 comments

Here are some of the most common questions we encounter from clients purchasing pre-construction condos from builders in Toronto:      1. How do builder deposits work?   While in the past, developers have offered great deposit deals such as only 5% down ...