Study: What is more costly? Toronto Vs. the Suburbs

By: Case Feenstra Team

Study: What is more costly? Toronto Vs. the Suburbs

Tags: Public Transit, Housing Development, 905 Region, GTA Real Estate

The cost of a long commute from the suburbs can outweighs the cost of living in Toronto when money AND time are considered, according to a recent study.   Money can be saved if public transit it used instead of driving – but the trade-off is the extra time that commuting takes compared to driving a car.    The further you live from Toronto, the cheaper housing is, but commutin...Read More

Premium Outlets Expansion in Halton

By: Case Feenstra Team

Premium Outlets Expansion in Halton

Tags: Shopping, Halton Hills, Real Estate, Luxury

Montblanc, Prada, Zadig et Voltaire, and Gucci are some of the new luxury stores being opened in Toronto Premium Outlets, by Trafalgar Road and the 401. These stores add to the existing high-end shops including Burberry, Hugo Boss, Jimmy Choo, Stuart Weitzman, and Ted Baker.   The new stores opened the week of November 15th, in time for the holiday shopping season.   A total of 140,000 s...Read More

8 Things to know about Buying a Pre-Construction Condo

By: Case Feenstra Team

8 Things to know about Buying a Pre-Construction Condo

Tags: Down Payment, Condo, Closing Fees, Real Estate, New Buyers

There are obvious cost savings from buying a preconstruction condo over a resale condo. However, there are some key differences that you should know before buying or investing. Keep the following in mind when thinking about a pre-construction condo:   20% down payment Some preconstruction condos can be bought with a 5% down payment at first but this amount will ramp up to 20% through inst...Read More

New 81 Storey Condo coming to Mississauga

By: Case Feenstra Team

New 81 Storey Condo coming to Mississauga

Tags: Mississauga Real Estate, Condo Development, GTA

Toronto may be Ontario’s home of skyscrapers, but Mississauga is up and coming with a new 81 storey condo. The building, named M3, will be Mississauga’s tallest tower and one of the tallest in the GTA.   M3 is one of eight towers of the M City planned community in downtown Mississauga. The plans include a total of 900 units ranging from 480 to 1000 square feet. Two acres of park s...Read More

Private Lending for Real Estate on the Rise

By: Case Feenstra Team

Private Lending for Real Estate on the Rise

Tags: Home Buyers, Renovations, Real Estate Investments, Mortgage

More home buyers and those looking to refinance their mortgage are turning to private lenders for their financing. Why is this happening? Should you use private lending for your real estate purchase, home renovations or refinancing plans?   Canada’s mortgage rules are stricter than before, interest rates are higher, and housing is expensive. Ultimately, home buyers need more money and m...Read More

Amazon HQ and Toronto’s Real Estate

By: Case Feenstra Team

Amazon HQ and Toronto’s Real Estate

Tags: Amazon HQ, Real Estate, Housing, First Time Buyers

50,000 new, high-quality, well-paying jobs will be created wherever Amazon decides to construct their second headquarters. Is the GTA ready for this potential job creator? When it comes to housing, could the GTA housing supply constraints be factor in why Amazon may be looking elsewhere.   Toronto is a technology-hub with many high-skilled workers scattered throughout the Greater Toronto Area...Read More

Transparent Sale Prices to Help Home Buyers

By: Case Feenstra Team

Transparent Sale Prices to Help Home Buyers

Tags: GTA Home Sales, Real Estate Market, Real Estate Data, Investment

A home that recently sold in Toronto was posted as selling for just $1. Of course, it is too good to be true. In response, the Toronto Real Estate Board (TREB) issued a warning to agents to not enter “inaccurate sold prices” of real estate transactions.   Clients may not want the selling price listed for privacy reasons. But the rules of TREB for reporting sales data are clear &nd...Read More

New Real Estate: Build-up of North Oakville

By: Case Feenstra Team

New Real Estate: Build-up of North Oakville

Tags: Oakville, New Real Estate, Residents, New Homes

If you haven’t been to North Oakville in a while, a drive on Neyagawa north of Dundas might bring some surprises. Oakville is currently one of the fastest growing communities in the GTA. What does this mean for real estate?   Four new areas are being designated north of Dundas – 407 West, Sixteen Hollow, Glenorchy, and Joshua Meadows. Trafalgar road and Dundas will be the central ...Read More

Toronto Tech Sector’s Influence on Real Estate

By: Case Feenstra Team

Toronto Tech Sector’s Influence on Real Estate

Tags: GTA Real Estate, Tech, Housing Demand, Toronto Condos

There is no question that Toronto is poised to become a prominent global tech hotspot.   Toronto is ranked number two and number four in the world for tech. More tech jobs were created in Toronto than Silicon Valley and New York combined. Companies like Intel, Microsoft, Uber and Shopify are all locating offices in Toronto and the GTA. This means more well paid professionals are going to be l...Read More

Bidding Wars Beware: 7 Tips to Win

By: Case Feenstra Team

Bidding Wars Beware: 7 Tips to Win

Tags: Real Estate Offer, Bid, Lender, Real Estate Deal

When a home sells for half a million over selling, you know there is something fishy going on. Some Realtors are intentionally listing homes for well under a reasonable valuation in order to attract interest from multiple buyers. In other words, bidding wars are being created because it is a good strategy to get a higher selling price.   Offers and listings should be transparent ideally....Read More