Category: Uncategorized
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GTA Real Estate: Tariffs Won’t Stop Growth | MrHunter.ca
Slide 1 GTA housing demand is unstoppable despite tariffs, rising costs, and interest uncertainty. Slide 2 Steel, lumber, aluminum costs spike, but construction continues for patient investors. Slide 3 Toronto’s structural housing shortage and immigration targets keep growth corridors hot. Slide 4 Sitting out costs more: land prices rise as underbuilding widens supply gaps. Slide…
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How to prepare for the mortgage closing process
The mortgage closing process in Canada is the final step in buying a home, involving signing papers and paying closing costs to become the legal owner. To prepare, it can help to gather key financial documents, understand the terms and fees involved, and consider professional legal advice. Closing costs vary, but are often estimated as…
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Home Prices Doubling? GTA 20-Year Forecast | MrHunter.ca
Toronto’s condo boom collapses—rentals and purpose-built homes are taking over fast. Government perks + CMHC loans make small and medium rental projects insanely profitable. GTA home prices could double or more by 2046 if 2–4% annual growth continues. Prime GTA market now—invest, save big, build generational wealth easily.
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Toronto Rent Snapshot: What’s Changed This Year? | MrHunter.ca
Total Avg: $2,504 Avg asking rent for a 1-bed: $2,183 % Change: ↓ 1.1% MoM, ↓ 7.2% yearly Avg asking rent for a 2-bed: $2,801 % Change: ↑ 0.1% MoM, ↓ 8.6% yearly
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Mixed-Use in Toronto? The Valuation Will Surprise You | MrHunter.ca
Buying a Toronto mixed-use is just "rent x12" math… you'll overpay by $300k+. Residential cap rates (3.5%) ≠ commercial (6%). Bad tenant mix? Your apartments lose value from noise/odor.
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GTA Homebuyers Find Deals Up to $250,000 Below Asking
The Greater Toronto Area housing market remains largely buyer-friendly, with only 6% of neighborhoods showing overbidding in January, up from 2% in December. Most homes sold below asking price, especially in high-priced areas like York Mills and Eastlake. Overbidding was mainly seen in Toronto’s east end. The market's trajectory will become clearer after the spring…
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7 easy-to-follow tips for first-time homeowners in Ontario
First-time homebuyers in Ontario should get home insurance to protect their property and liability, and never skip a home inspection to avoid costly repairs. Pay off mortgages faster by increasing payment frequency. Budget for closing costs beyond the down payment, including legal fees and taxes. Obtain a written warranty that the home wasn’t used for…
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Big Six Banks Show Resilience Amid Ongoing Condo Challenges
Canada's major banks have minimal exposure to the condo market downturn, with condo developer loans making up less than 1% of their portfolios. This limits the risk of a banking crisis despite ongoing condo market struggles. However, smaller lenders and developers with higher exposure face greater risks due to less liquidity. While new condo sales…
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Is Toronto Paused Zoning Sparking Developer Opportunity? | MrHunter.ca
Slide 1 Toronto plans higher density within 10-minute walks of 120 transit stations. Slide 2 Ontario paused inclusionary zoning until 2027 to keep projects financially alive. Slide 3 Translation: affordability goals paused so builders actually keep building. Slide 4 Long-term players are merging, hiring, and expanding while markets reset. Slide 5 Senior housing crushed returns…
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US Trade Reset Opens New Opportunities for Canada’s Housing Market
Canada's review of the Canada-US-Mexico Agreement (CUSMA) impacts housing costs, construction, and mortgage risk due to heavy reliance on US trade, especially in lumber, steel, and aluminum. Despite low effective tariffs, US sectoral tariffs on these materials raise costs and affect affordability. Trade tensions and geopolitical uncertainty dampen housing market recovery hopes. Concessions on tariffs…