Why the Suburbs Are No Longer a Real Estate Bargain

March 15, 2017 Penelope Graham 0

Penelope Graham, Zooacasa Some not-so-great news for buyers seeking affordable real estate: it’ll cost you an average of a million dollars to purchase a house in the Greater Toronto Area, whether or not you seek one in the suburbs. The fact that detached home prices have bypassed the pricey million-milestone beyond city limits was revealed by February data from the […]

Should You Buy a Condo on Concept?

February 23, 2017 Penelope Graham 0

Penelope Graham, Zooacasa As real estate prices rise and bidding wars become the norm, it’s getting even tougher to buy a home in Toronto. With the inventory of homes for sale at only half of last year’s levels and a supply crisis looming, buyer competition has become especially fierce. However, there are options for those looking to avoid such market […]

Your Guide to Understanding Condo Fees

January 13, 2017 Penelope Graham 0

By: Penelope Graham, Zoocasa Let’s say you’re looking to purchase a condo close to the downtown core. You’ve combed Toronto real estate listings and have found what looks to be the perfect unit: it has slick amenities, a great location, and the price seems to be right. But then you realize you’ll also need to pay $500 per month in […]

Do Torontonians Need to Adjust Their Real Estate Expectations?

December 9, 2016 Penelope Graham 0

By: Penelope Graham, Zoocasa Looking to make the leap from downtown renter to property owner? Those getting into the housing market for the first time often face the stark reality that their hard-saved dollars won’t go as far as they’d like in Toronto real estate. For those who wish to dwell within city limits, that means changing their homeownership expectations. […]

What’s Better: A Condo or Freehold Townhouse?

November 7, 2016 Penelope Graham 0

Looking to live within the downtown core, but seeking more space than most condos provide? In the hot Toronto real estate market, where the average detached house is priced over $1.2 million, townhouses are a more financially realistic housing upgrade for many buyers. They’re also often preferred over high-rise living because they can feel more like a traditional house; some […]

Should You Rent or Buy a Home in Toronto?

October 11, 2016 Penelope Graham 0

For many working in Toronto’s downtown core, finding a great place to live – one that allows access to the city’s best entertainment and dining – is a top priority. But it’s also a pricey one; rents in downtown Toronto are among the most expensive in the country. For example, living near a prime location like St. Andrew subway station […]