How to Fight City Hall Land Transfer Tax Hike

City of Toronto Land Transfer Tax

The Toronto Real Estate Board (TREB) and the Ontario Real Estate Association (OREA) are fighting a City of Toronto proposal that would increase land transfer taxes on homebuyers. TREB has launched a website to shed light on the proposed changes, which it says could add thousands of dollars in upfront tax for some home buyers. TREB also released the results of … Read More

Oldest existing Buildings Landmarks and Historic Structures in Toronto Ontario

Old Toronto City Hall Wikipedia

Toronto a City full of Landmark Treasures Ever wonder about some of the oldest existing buildings and structures in Toronto, Ontario?  Well, Wikipedia created a list of them that were constructed before 1920. The red-brick Gooderham Building is a recognizable historic landmark of Downtown Toronto located at 49 Wellington Street East. On the eastern edge of the city’s Financial District (east of … Read More

Toronto and GTA Average Sale Price – December 2016 Real Estate News

Harvey Kalles Real Estate Dec. 2016

DECEMBER 2016 REAL ESTATE MARKET NEWS High Demand and Low Inventory Demand for Home Ownership remains Strong.  Stricter Lending Rules are not deterring Buyers.  The Market is not Slowing Down.  Prices are Rising – Still.  Inventory is Low.  Record Sales in one calendar year has been set.  Condo Market exploding.  Toronto is a Great City.  Clean City. Diversified City.  A Place you want … Read More

Toronto Land Transfer Tax increase and TREB concerns

City of Toronto Land Transfer Tax

The Toronto Real Estate Board concerns – Toronto Land Transfer Tax increases News Release from TREB November 25, 2016 The Toronto Real Estate Board is raising concerns over proposed Toronto Land Transfer Tax changes. These proposed changes will increase costs for all Toronto home buyers, but impact first-time buyers the most. This TLTT proposal comes at a time when housing affordability in … Read More

Toronto and GTA Average Sale Price – November 2016 Real Estate News

Harvey Kalles November 2016 Newsletter

NOVEMBER 2016 REAL ESTATE MARKET NEWS This market doesn’t seem to be affected by the new Mortgage Rules that were put into effect last month. Condo Apartments, being the most affordable home type in the GTA and City of Toronto is most in demand. Prices were up by almost 13%. High Home Prices and Low Inventory Even with these new Mortgage Rules … Read More

HST REBATE FOR NEW HOMES AND CONDOS

Don’t forget about the new home HST rebate End of year usually means gathering up all of your receipts and making sure you take all of your permitted tax deductions. If you or your clients have purchased a new home or condominium in the past two years, you may have an HST rebate coming to you. Here’s why: If you … Read More

October 2016 New Mortgage Rules Toronto and GTA Average Sale Price Market

September 2016 News Harvey Kalles Real Estate Toronto New Mortgage Rules

October 2016 New Mortgage Rules in effect With the new Release of Mortgage Rules effective October 17th this year, the Federal Government is merely being conservative in Buyers now having to qualify for a Mortgage based on Bank’s Posted 5 year fixed rate of 4.5% instead of the Bank’s Discounted rate of $2.5%.  This is to make sure that applicants can … Read More

August 2016 Toronto & GTA Housing Market Harvey Kalles Real Estate

Toronto Real Estate Housing Market

  AUGUST 2016 Continued with Lack of Supply and Pressure of Demand As the Dog Days of the Hot Summer come to a close, the Real Estate Market in Toronto and GTA, is still experiencing the Heat of Summer as in, a continued Hot Market. Detached and Semi-Detached Home Prices keep climbing especially in Toronto, and the Condo Market is … Read More

180 University Avenue – Shangri-La Residences – Toronto Financial and Entertainment District 2-Storey Penthouse Condos For Sale

180 University Ave Shangri-La Luxury Penthouses For Sale Toronto Real Estate

Welcome to the ‘High Life’….. Harvey Kalles Real Estate Agents were invited to a Private Evening Soiree in the 2-Storey Penthouses at the swish Shangri-La Residences at Adelaide and University Avenues in Toronto, in the Heart of the Financial and Entertainment Districts and minutes to Everything Downtown.   Driving up, my car was greeted by Valet and I was escorted … Read More

Toronto Gets First Street Mural in Kensington Market

Street Mural Toronto Kensington Market

The first of its kind, the City of Toronto as allowed a Road Mural to be painted in Kensington Market!  It has been a collaboration between Activists and Artists and the Kensington Market BIA. It is a pilot project and hopefully The City will allow another five streets to be painted this year. The theme of the Kensington mural is … Read More

Top Reasons Why to use a Realtor when Buying a Home

Why use a Realtor when Buying a Home CREA

Why a REALTOR®? Maybe you’re buying a home for the first time. Or maybe you’re selling your old home to move to something new. Whether buying or selling, you’re involved in an intricate process requiring many specialists. One of these specialists might be a REALTOR®, who’s responsible for making the transaction as easy as possible for you. The REALTOR® Difference … Read More

TORONTO GTA REAL ESTATE MARKET HOUSE SALE PRICES JULY 2016

GTA Toronto House Prices June 2017

JULY – 2016 – 4th Record Setting month in a row! Again this Heated Housing Market is as Hot as the Toronto Summer weather we are experiencing and with no signs of cooling down.   Detached and Semi-Detached Prices keep climbing especially in Toronto.  The Toronto Condo Sales were up 14% over last year, which is a strong indicator of Affordability … Read More