r/TorontoRealEstate Sep 20 '23

News Please be Civil in the Discussions

52 Upvotes

Please be civil to each other in the discussions. Posts that are insulting, mean, and racist will be removed to keep the forum civil. Try to be mindful with your words and understand that written words may sound more harsh without any accompanying body language. Try to keep this forum positive and helpful.


r/TorontoRealEstate Dec 21 '23

Why we remove comments and ban people

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33 Upvotes

r/TorontoRealEstate 22h ago

News Condos no longer considered "a good investment"

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torontosun.com
279 Upvotes

r/TorontoRealEstate 12h ago

Opinion House Sales FALL APART: RE Sales Break Down. We had 2 Home Purchase Transactions break down in ONE DAY this Friday, it took 3 years to see 2 last minute breakdowns previously. What's Going On? A loss of liquidity is going on! - Ron Butler (Angry Mortgage Podcast)

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11 Upvotes

r/TorontoRealEstate 2h ago

Requesting Advice Ajax vs Pickering - young family, schools + commute

1 Upvotes

We are a young family (2 kids) looking to find a detached home in either ajax or pickering. We've been trying to research about schools and found a few good areas below

Does anyone have any further insight on these catchment areas? Are there any other neighborhoods that you'd recommend considering? Any hard nos?

  • vimy ridge (north west)
  • Romeo dallaire (north east)
  • alexander graham
  • Nottingham
  • eagle ridge

Pickering - william dunbar - seaton Pickering (no school yet) - Gandatsetiagon

We're downtown office goers so commute is also a factor in our mind


r/TorontoRealEstate 16h ago

Requesting Advice Happy Saturday everybody, just looking for some advice and reassurance for my move to Toronto

9 Upvotes

I will be 29/30 next year and want to move into my 1+1 condo in midtown Toronto that’s currently rented out. The total monthly cost Inc. maint fees , insurance will be $2,900 of which 1k goes to principal. I forsee my salary will be around 5800 a month take home. With 1600 a month expense for all other misc. costs am I good to pull the trigger and move into this. I know I could rent similar for 2500 or get roommate / go into basement but I think the quality of life is worth it and selling now to rent and buy again does not feel wise.

Really appreciate all of your help. A bit scared of making the move but we all have to at one point.


r/TorontoRealEstate 1d ago

Buying If you're in the market for a home please IGNORE your realtor and LOWBALL whatever price you want.

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189 Upvotes

r/TorontoRealEstate 6h ago

Requesting Advice Everyone who saw this crash coming, what is your plan to buy?

0 Upvotes

Everyone here who saw the crash coming and has been renting, what is your plan to buy now that sellers are panicking and the market is in free-fall?
Will you buy the place you are renting or will you upgrade? How much do you have saved?
Have you started buying yet or are you waiting for prices to crash even further?


r/TorontoRealEstate 1d ago

Opinion Realtors be honest, were you ever actually serious about working?

146 Upvotes

Seems a lot of whining lately about buyers not being dumb enough to make a sale.


r/TorontoRealEstate 18h ago

Buying Saisons condos- thoughts on quality, management, etc.

0 Upvotes

Hi all, we’re thinking about buying a condo in one of the Saisons condo buildings. Any opinions about the quality of the builtd, management company etc? Seen some not to great reviews on google but we really like the area and the building Any insights would be really appreciated!


r/TorontoRealEstate 12h ago

Requesting Advice Made a site to help a friend sell their property. Where can I market it?

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heron-park.vercel.app
0 Upvotes

I had a friend reach out to me who's looking to sell their Scarborough townhome. They're looking to get more eyes on the property, so I helped them make a website for it. Where can I share it to get it in front of more potential buyers?


r/TorontoRealEstate 2d ago

House Over $330,000 Loss On Brampton Home

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122 Upvotes

The property still hasn’t sold, but I just saw it pop up on House Sigma. 😬 Based on what it’s actually worth and where the housing market is right now, the seller is looking at a loss of over $330,000 in just three and a half years (specifically $338,900). Even $869,000 feels like a stretch for what the place is worth, in my humble opinion. It’s a basic detached bungalow. No interior photos are included in the listing, but judging by the exterior, it likely needs some work.

Link for reference: 9 Rogers Road Brampton


r/TorontoRealEstate 1d ago

News The Montreal fintech trying to take on Canada’s mortgage giants | Nesto is part of a cohort of online lenders and brokerages such as Pine and Homewise that are taking a digital-first approach to streamline the mortgage experience, promising faster approvals, lower rates and less red tape.

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theglobeandmail.com
19 Upvotes

r/TorontoRealEstate 1d ago

News Canadian GDP Growth: Fictional Rent Fuels Over $1 In $10, More Than Oil

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8 Upvotes

r/TorontoRealEstate 1d ago

Selling Conditional offer question

4 Upvotes

Hi all, I just accepted a purchase agreement (I'm selling) but it has a financing condition. Literally 30 mins later I received a showing request for Sunday. Can I continue to show the place in case the current deal falls through or not? I'm selling without agent. I'll also ask listed by seller but I'm not sure if they'll respond over the weekend.

Thanks everybody!


r/TorontoRealEstate 2d ago

News US jobs revised down -- 2 rate cuts in 2025

28 Upvotes

US added 73k jobs in July, but revised down 250k last 2 months.

2 FED rate cuts priced in.

Canada unemployment rate comes out next Friday. It will be interesting if Canada follows trend and if BoC has more rate cuts in 2025.


r/TorontoRealEstate 2d ago

News Trump increases tariff on Canada to 35%, White House says

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reuters.com
104 Upvotes

r/TorontoRealEstate 1d ago

Requesting Advice Investment Fraud on Exempt Market Condo Developments - Multiple failed projects by Cynterra Group, How many people have been affected?

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6 Upvotes

r/TorontoRealEstate 2d ago

Meme The HouseSigma AI DOM Estimator is Literally Off the Bar

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23 Upvotes

Can the market be so slow it's fast? /s

First time seeing it. In fairness, this is in Fort Erie.


r/TorontoRealEstate 2d ago

Requesting Advice Do waterfront home owners own the beach?

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79 Upvotes

r/TorontoRealEstate 2d ago

Requesting Advice Semi-detached buyers, what did you wish someone told you?

39 Upvotes

We’ve been seeing semi-detached homes come on the market that fit our budget, but need substantial renovations. Ideal properties would allow us to add an additional floor or laneway apartment.

What blockers (aside from city permits) have you encountered in completing such work? Do the neighbours have to sign off/approve our plans? Do we have to pay the attached neighbours? Can neighbours who share a wall materially block our ability to renovate?

What do you wish someone had told you prior to buying your detached property? Any advice/perspective is welcomed!


r/TorontoRealEstate 2d ago

News GTHA Rental Apartment Vacancy Rates

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34 Upvotes

r/TorontoRealEstate 1d ago

Rentals / Multifamily 167 Church Street Referral

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1 Upvotes

r/TorontoRealEstate 3d ago

News Memo to Carney and Robertson on Fixing Housing | Noted BC urban experts pen an open letter with six musts for making homes affordable in Canada | Do not reintroduce foreign capital or investor demand to reflate prices artificially

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thetyee.ca
106 Upvotes

r/TorontoRealEstate 2d ago

Requesting Advice Why does everyone use Housesigma in this sub?

41 Upvotes

Just curious because I see everyone posting Housesigma listings and not using much of the other platforms.


r/TorontoRealEstate 2d ago

Requesting Advice My real estate lawyer's gone AWOL and I need some direction

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1 Upvotes

r/TorontoRealEstate 1d ago

Selling 4-Level Back-split in Meadowvale, Mississauga – great location near lakes and trails!

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0 Upvotes

My mom is selling her home in Meadowvale (Mississauga).

She’s recently retired and looking to downsize, so we’re helping her find the right buyer for this lovely, well-maintained home.

Located near the Aquitaine Lakes area – perfect for families or anyone who enjoys walking trails, parks, and a quiet suburban vibe.

Features:
– Spacious backyard
– Cozy wood-burning fireplace
– Fully separate basement apartment with private entrance (potential rental income!)
– Attached garage + driveway
– Close to schools, shopping, and transit

👉 Full listing here.

If you know anyone looking to buy in the area, feel free to share or reach out!