Category: Uncategorized
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10 Best Places To Retire In Ontario
Ontario offers numerous appealing retirement destinations, featuring stunning natural scenery, low crime rates, and quality healthcare. Notable small towns include Niagara-on-the-Lake, known for its wineries and historical sites; Collingwood, ideal for outdoor enthusiasts; and Innisfil, with its recreational programs for seniors. Other highlights are Owen Sound's waterfalls, Bracebridge's lakes, and Peterborough's blend of city and…
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GTA Home Prices to Grow 5% by End-2025
Home prices in GTA are projected to rise 5% annually, reaching $1.23 million by Q4 2025. GTA remains one of Canada’s priciest markets, with average home prices above $1 million.
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Rents decline but still unaffordable in Mississauga
Rents in Mississauga have declined but remain unaffordable, with the city ranking as the fourth most expensive rental market in Canada. The average asking rent for a one-bedroom apartment is $2,279, down 1.2% from October and 1.9% year-over-year. Two-bedroom apartments average $2,736, reflecting a 3.4% decrease from last year. Despite recent declines, rents are still…
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Why Apartments Dominate Ontario’s Housing Market
Ontario's housing market is dominated by apartments, comprising 83.72% of new home sales, signaling a growing urban trend. Single-family homes rank second in Ontario, representing 10% of new sales, highlighting suburban preferences.
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Own your future: Your step-by-step guide to homeownership
Many Canadians find the home buying process stressful and frustrating. To start, save for a down payment and other expenses like taxes and fees. Determine your budget using tools like TD’s Mortgage Affordability Calculator. Get pre-approved for a mortgage to know your options. Find a realtor who understands your needs and market trends. Schedule showings…
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Things Homeowners Should Check in Winter
Protect Pipes: Insulate exposed pipes to prevent freezing and bursting during cold weather. Seal Air Leaks: Check windows, doors, and outlets for gaps to save on heating costs.
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GTA Neighbourhoods’ Housing Performance in Mid-Q4
York saw a price drop, down 3 per cent to just under $1.22-million, coupled with a 1 per cent decline in sale to 11,457. Durham posted a 3 per cent price drop to $860,000, and a 3 per cent jump in sales to 8,8682.
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Ontario’s New Rules Threaten City Planning Stability
Ontario cities fear new provincial rules allowing individual development applications could undermine long-term urban planning. The provincial planning statement mandates cities to evaluate ad hoc applications, increasing administrative costs and appeals.
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Ontario: Two CRA Benefits Coming for Residents
In Mid-Q4 2024, Ontario residents will receive the Canada Child Benefit (CCB) and Ontario Trillium Benefit (OTB).The CCB provides monthly support for families with children under 18 to cover essential expenses.
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305-unit residential development proposed for vacant land in Mississauga
U.S. mortgage credit availability increased by 0.7% in October 2024, reaching an index level of 99.2, according to the Mortgage Credit Availability Index (MCAI) report. The Conventional MCAI rose by 1.0%, while the Government MCAI saw a 0.4% increase. The Jumbo MCAI grew by 1.2%, and the Conforming MCAI increased by 0.9%. Despite these gains,…