Wednesday, August 7, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
One of the least enjoyable parts of buying real estate or property in Ontario, especially in the City of Toronto is the Land Transfer Tax (LTT). If you are buying property in Ontario, you will be responsible for the provincial Land Transfer Tax (LTT).
If you are buying property in the City of Toronto, you will also be responsible for the City of Toronto’s Municipal Land Transfer Tax (MLTT). Therefore, if you are considering buying real estate in Toronto and/or in Ontario, you will need to budget for paying at Ontario’s Land Transfer Tax and possibly even paying Toronto’s Municipal Land Transfer Tax.
This article explains what Ontario and Toronto’s Land Transfer Taxes are, how much they cost, how the Land Transfer Tax fees are calculated, who is responsible for paying them, who is exempt, and information for non-re. ...
Read More
real estate, tamburello, the tamburello team, matthew tamburello, best real estate agent, best real estate deals, buying a foreclosed home, team, trinity real estate consultants, renting versus buying a home, interest rates, best school districts, real estate investing, cost of buying a house calculator, best time to buy a house, gta real estate, best neighbourhoods, best communities to live in, for sale by owner, good time to buy, top school districts, how to buy a home, steps to buying a home, top five cities, land transfer tax
Wednesday, July 24, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Introduction
Given the recent growth in Toronto’s real estate market, it is no surprise that more people are looking into investing in the Toronto real estate market. With the increase in the number of condos being built and the recent drop in prices for houses in Toronto, the decision between buying a house vs. a condo is more challenging than ever. While at one point, the cost to purchase a condo in Toronto might have made buying a condo a clear choice for home buyers, this is no longer the case. With a drop in prices for houses, buyers who are looking to purchase real estate in Toronto have more choices than ever and are in a better position to decide whether buying a house or buying a condo is the best decision for them.
It is important to remember that for the purpose of this article, a house will be defined as a detached sing. ...
Read More
real estate, tamburello, the tamburello team, matthew tamburello, best real estate agent, best real estate deals, buying a foreclosed home, team, trinity real estate consultants, sell or buy first, home buying process, home buying checklist, home buying programs, how much do realtors charge to sell a house, is it a good time to sell a house, how to sell a house fast, renting versus buying a home, best school districts, gta real estate, best neighbourhoods, best communities to live in, top school districts, house vs. condo
Wednesday, May 29, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
While living in Toronto and the Greater Toronto Area (GTA) can be amazing, it is certainly not cheap and it comes at a price, an extremely high price. This is true if you are renting a home or buying a home. The average monthly rent for a one-bedroom apartment in the city of Toronto as of February 2019, is $2,270 CAD. The average rent for a two-bedroom in the City of Toronto is $2,850 CAD. While the average home price for a home in the Greater Toronto Area depending on where you are could range from $804,508 to $1.01 million for a detached home.
The City of Toronto has the highest average rent in Canada for a one-bedroom apartment, and Vancouver has the second highest rent in Canada at $2,080 for a one-bedroom apartment and $2,850 CAD for a two-bedroom apartment. However, this does not mean that there aren’t affordable neighbourhood. ...
Read More
real estate, tamburello, the tamburello team, matthew tamburello, best real estate agent, best real estate deals, buying a foreclosed home, team, trinity real estate consultants, is it a good time to sell a house, best school districts, gta real estate, for sale by owner, best neighbourhoods, good time to buy, best communities to live in, new houses for sale, signs of recovery, buying homes cash, how to buy a foreclosed home, how to buy your first home, cons of living in ontario, how to find houses at a good price
Wednesday, March 27, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
A five-year forecast by Moody’s Analytics shows prices rising all over the country apart from in two cities. Moody’s forecast used RPS Real Property Solutions data and predicted that Canadian home prices will go up by 2.2% between the first quarter of 2019 and the first quarter of 2024.
National home sales climbed in April 2019 according to statistics given by the Canadian Real Estate Association (CREA). This is promising considering that sales were at a seven-year low in April of 2018. Toronto experienced the biggest increase in house sales, rising by 11%. The Canadian housing market seems to be on the rebound. However, increased property sales do not necessarily mean that properties will become more affordable.
House price appreciation to slow down
Monetary tightening is affecting house price appreciation. Andr. ...
Read More
real estate, tamburello, the tamburello team, matthew tamburello, best real estate agent, best real estate deals, buying a foreclosed home, team, trinity real estate consultants, sell or buy first, home buying programs, cost of selling a house calculator, how to sell a house fast, interest rates, renting versus buying a home, real estate investing, gta real estate, best time to buy a house, how long does it take to sell a house, best school districts, canadian real estate market, for sale by owner, top five cities
Wednesday, February 14, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
So, you’re looking to purchase a house in Canada? Multiple factors go into finding the perfect home, but before you even start looking, you should know precisely what’s out there. Is it your first-time buying? Then, according to your budget, you could consider many options and types of houses in Canada. Below we’ve listed the types we found most common and most popular in Canada.
Detached Types of Houses in Canada
A detached house is the type of house that most of us think of when picturing the classic house and it’s generally what most people want for a home. A detached house is just that – a house detached from anything else. It’s a complete unit on its own. That also means you’d own it completely, including the land it’s built upon. You’ll also be footing the bill for every utility. ...
Read More
real estate, tamburello, the tamburello team, matthew tamburello, best real estate agent, best real estate deals, buying a foreclosed home, team, trinity real estate consultants, home buying checklist, home buying process, renting versus buying a home, real estate investing, cost of buying a house calculator, gta real estate, best time to buy a house, cheap houses for sale, steps to buying a home, buying your first home, canadian real estate market, home buying tips, best school districts, how to find houses at a good price
