Author: homegoal.ca
Think everything in Toronto sells in a bidding war? Think again. While headlines often focus on homes going way over asking, there are still deals to be found. We’ve compiled 8 Toronto homes that sold below asking—where buyers scored big by paying significantly less than the original list price. Curious what sold and how much was knocked off? These homes are worth taking a closer look at. Listed by: royal lepage real estate services phinney real estate Listed by: royal lepage real estate services phinney real estate Listed by: royal lepage real estate services phinney real estate Property Details Townhouse…
At the start of the year, RBC anticipated that interest rate cuts would spur activity and push prices slightly higher. But, with an unexpected trade war suppressing sales and prices in Canada’s biggest regions, market conditions have been weaker than expected. In a housing report released Tuesday, RBC assistant chief economist Robert Hogue said the bank now projects home resales will decline 3.5 per cent in Canada to 467,100 units this year, with the first half of 2025 seeing a 4.1 per cent pullback, largely concentrated in Ontario and B.C. ‘Gradual recovery’ on the horizon “Encouragingly, recent signs…
Abbotsford’s urban landscape is undergoing a period of purposeful evolution. As the city strengthens its position as a regional hub in the Fraser Valley, SCOUT, the latest development from Heinrichs Developments, is at the forefront. This boutique collection of homes is designed with enduring architecture, modern livability, and long-term value in mind. Scheduled for completion in March 2027, SCOUT offers an excellent opportunity to own in Abbotsford’s growing city centre while benefiting from a balance of design quality, convenience, and community-focused amenities. Abbotsford: A City Positioned for Growth Abbotsford offers a combination of affordability, access, and economic potential. Its strong…
Later this month, on August 28 and 29, the Ontario Superior Court will be hearing a motion filed by Hudson’s Bay’s senior lenders asking the court to approve the sale of 25 of Hudson’s Bay’s former leases to BC-based Chinese businesswoman Ruby Liu and the company she chairs, Central Walk. The motion was filed in late July and since then the landlords have filed their responses, all of which are in strong opposition to the proposed sale and many of which verge on ridiculing Ruby Liu’s business plan.Here are the landlords that have filed responses, as well as excerpts from…
Let’s call it what it is – this year hasn’t gone as planned for a lot of people. Some of you started 2025 with big goals and high hopes, but here we are heading into August, and many of those goals are sitting on a shelf collecting dust. And it’s not just you. We are in one of the toughest economies we have seen in 20 years. Buyers are cautious, sellers are stuck in the past, and motivation across the board is fading. The market’s been frustrating. But none of that changes the fact that the fall market is coming…
In one of its latest affordable housing ventures, CreateTO has filed plans for a 41- and six-storey rental development that would transform a City-owned parking lot in Toronto’s Fairbank neighbourhood, at 9 Shortt Street. The project would deliver at-grade commercial space and 458 rental units, including around 140 affordable homes, within walking distance of an Eglinton Crosstown LRT station.Under CreateTO — City of Toronto’s dedicated housing agency — the City aims to deliver over 19,500 rental units and 6,445 affordable units across 39 City-owned sites, with the goal being to increase housing options and affordability amid the housing crisis.Plans for…
This land is your land, this land is…wait, did anyone actually check the title? Canadian real estate got more bad news this month—the BC Supreme Court has ruled Cowichan Tribes still hold title to 1,846 acres of prime Richmond land in Greater Vancouver. The longest trial in Canadian history only targeted government-held lands, but may have a much wider impact, setting a precedent that could reshape property law. Cowichan First Nations Claim Nearly 6% of Richmond, BC The lawsuit was launched by First Nations groups to assert ownership over 1,846 acres on Lulu Island—including privately held and submerged lands—about 5.8%…
The bigger the city, the higher the home price, right? Not necessarily. Chicago is the third-largest city in the country, but its median home price is half that of New York and Los Angeles. Chicago isn’t an outlier either. Other major cities have surprisingly low home prices given their size. So what’s their secret? The Windy City was once one of the biggest cities in the world. In 1950, the city of Chicago had a population of 3.6 million, marking a 7% increase from 1940. Fast forward to 2020, and Chicago’s population has shrunk by 24.2% to 2.7 million. The…
Investing in real estate has the potential for substantial returns, but success requires careful planning beforehand. From financial considerations to property management, every investment should be guided by a well-thought-out strategy that can help you maximize profits and prepare for unforeseen challenges. If you’re thinking about entering the real estate market as a new investor, here are 10 key factors to evaluate before taking the plunge. 1. Take a close look at your finances Before making any real estate investment, it’s essential to have an in-depth understanding of your personal finances, such as your budget, credit score, and ability to…
A decision has been delivered following the longest trial in Canadian history, awarding title of a piece of land in Richmond, B.C. to the Cowichan Nation, but the saga over Aboriginal land claims may not be over yet. On Aug. 7, the B.C. Supreme Court released a decision favouring the four First Nations which brought on the claim, after a trial that lasted more than 500 days. The area in question is located on what is now the south shore of Lulu Island, across from Tilbury Island, in Richmond. Today, land in the claim area is owned by the federal…