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Trump Touches Down in T.O.

Donald Trump was in town today for the ground breaking ceremony for his Trump International Hotel and Tower, defying many critics and real estate insiders who wondered if the project would ever see the light of day.

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What is a Status Certificate?

The fall real estate market is in full swing and many Torontonians are spending their days surfing MLS.ca and their weekends visiting open houses, searching for that perfect place that makes their heart flutter. For those of you who are looking at condos, you may have heard something about a Status Certificate and if you are unsure of what it is or why it is important, read on.

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Urban Parenting: Changing the Face of Real Estate in Toronto

It used to be that when it came to where you were going to live, things were pretty simple. Downtown (the core) was for the young and the restless and the ‘burbs were where you went once you decided to pop out a couple younglings and make a nest. Not so anymore. A new generation of urban parents are emerging that are bucking the trend.

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Yonge and Bloor: What Will You Miss the Most?

It’s hard to believe but it has been 5 months since Bazis International first formally introduced their plans for an eighty-storey condo/hotel Mega Tower on the South East corner of Yonge and Bloor. And whether you love it or hate it (and judging by the comments in my previous posts on this building, there are plenty of people on both sides), the reality is Yonge and Bloor is about to undergo a major transformation and will never be the same again.

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Why Are There No Condos on The Danforth?

The Danforth represents a lot of things to a lot of people. It is the centre of the city’s Greek community and home to one of the city’s largest festivals, it’s a major transit route for moving people in and out of downtown, and it is generally regarded as one of the city’s most desirable neighbourhoods to live in. However, one thing it definitely is NOT, is a hot spot for high-rise condo development. But why not?

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Thinking About Buying a House? David Miller Says Think Again

Despite a tremendous outcry from the public and special interest groups, it looks like David Miller has gained the necessary approvals for his controversial new land transfer tax. What does this mean to prospective home buyers? To put it simply, on an average home purchase in Toronto of $400,000, the land transfer tax portion of your closing costs just jumped from $4500 to $9000. This doubling of the effective tax rate will raise the city an extra $300 million per year.

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Development: Out with the Old, In with the New?

Toronto is a city in transition. The debate goes on as to whether or not we are truly one of the world’s greatest cities, or we are simply a contender; waiting in the wings for our moment to show the world what we can do. Along the way one of the major growing pains that we are dealing with is what should we do with our old buildings?

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The Toronto Real Estate Board Sets a New High

Remember how I said April was the best month ever on record for the Toronto Real Estate Board? Yeah well, I have to retract my blog post because May completely and totally obliterated the record set by April.

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Green Condos: Pipe Dream or Way of the Future?

Words like ’sustainable’, ‘green’, and ‘eco-(fill-in-the-blank)’ have been so overused by the media, politicians, and special interest groups alike that they really have lost their meaning. But one area where meaning is starting to take shape is in, of all places, real estate. And this is happening in, of all cities, Toronto.

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Buying a New Condo: It’s the Coolest

While not everyone in this city is enthusiastic about the chance to buy a pre-construction condo, the fact is, new condos make up a growing portion of the condo market in Toronto and they have that undeniable ‘cool’ factor by virtue of their newness.

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