Real Estate

July 2023 Greater Toronto Market Watch

Hi, I am YAN ZHOU. In July 2023, the Greater Toronto Area (GTA) experienced a notable increase in home sales, new listings, and home prices compared to the same month in 2022. The market also showed a more balanced trend on a seasonally adjusted basis, with sales slowing down slightly while new listings rose. According to Toronto Regional Real Estate Board (TRREB) President Paul Baron, the...

Exploring Toronto’s Elite Private Schools: A Glimpse into Academic Excellence and Holistic Education

Introduction: Toronto, the vibrant and diverse city nestled on the shores of Lake Ontario, is home to some of the finest private educational institutions in Canada. These schools are renowned for their commitment to academic excellence, innovative teaching methods, and a holistic approach to education. In this article, we will introduce you to each of the top private schools in Toronto, giving you a...

Tax implications of converting a primary residence to a rental property in Ontario

Tonight I received a phone call from one of my clients about the tax implications of converting a primary residence to a rental property in Ontario, Canada. However, please note that tax laws can be complex and subject to change, so it's always a good idea to consult with a qualified tax professional for advice tailored to your specific situation. Here are some key points to consider: Change in Use:...

What are patent defects and latent defects in real estate

In real estate, the terms "latent defect" and "patent defect" are used to describe different types of property defects that can affect its condition, value, or functionality. Here's an explanation of each term with examples: Latent Defects:Latent defects refer to hidden or concealed issues that are not easily noticeable during a reasonable inspection of the property. These defects are typically not...

10 Hidden Gems: Exploring Underrated Neighborhoods in Toronto

Toronto is a city full of diverse and vibrant neighborhoods, and while some areas like downtown and Kensington Market often steal the spotlight, there are several underrated neighborhoods worth exploring. Here are 10 hidden gems in Toronto that offer unique experiences: Leslieville: Located in the east end, Leslieville is a hip and artsy neighborhood with a laid-back atmosphere. It's known for its...

 房产税务网络讲座

https://youtu.be/6SD-9xLlNlE 当你在号称“万税之国”的加拿大买卖房产时,一定遇到过不少的税务问题。如何合法避税,这是很多人心中的疑问。 我们GTAHOME.COM Real Estate Team很荣幸的请到注册会计师Jane Zhang...

论加拿大政府如何通过央行加息对房地产市场进行调控

近日环球邮报(Global and Mail)报道,加拿大帝国商业银行CIBC预测今年9月央行会end rate hike circle,那这是否表示会停止加息呢? 到底什么是rate hike circle? 加拿大政府如何通过央行加息对房地产市场进行调控?  我们GTAHOME.COM Real Estate Team很荣幸的请到现任于五大银行之一的Director of Model Development & Analytics...

Ontario Election: Which party should I vote for on June 2nd especially on housing and real estate issue?

Ontario Liberal: HOUSING COMMITMENTS Build 1.5 million new homes over the next 10 yearsProtect homebuyers by reforming the blind bidding process; provide transparency on the history of house sale prices; establish home inspectors as a legal right and regulate home inspectors; require residential listings to disclose expected commission rates; increase penalties for unethical real estate...

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