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Author: homegoal.ca
Sky-high views, refined elegance, and the Ritz-Carlton’s signature stamp of luxury are all part of everyday life in an alluring new Toronto listing. An exclusive, 2,500-sq.-ft corner residence in the iconic Ritz-Carlton Toronto — specifically, 183 Wellington St. W #4104 — is currently for sale.After an end-of-day cocktail downstairs at a bustling on-site restaurant, this abode invites you to slip inside your own private elevator and take it all the way to the 41st floor, where views that are both inspiring and soul-soothing await in an impeccably designed sanctuary. The two-bedroom, three bathroom home is soaked in natural light and…
For many Canadians, saving for a down payment is one of the biggest financial goals they’ll ever tackle—but how people get there can look very different. Some start by building equity in a starter condo and selling it to fund their next move. Others merge their finances, combining savings to make a more substantial down payment. A lucky few receive a boost from family, with parents or grandparents chipping in to help secure their first home. No matter how the funds come together, the size of your down payment plays a huge role in shaping what, where, and how you…
— We take our content seriously. This article was written by a real person at BREL. So you’ve finally done it – you’ve made the leap from renter to Toronto homeowner. Congratulations! While your Instagram might be full of champagne-popping closing day photos, the real journey of homeownership is just beginning. Let’s dive into what you can really expect during your first year as a property owner. Truth: It’s Different When It’s Yours Before we get into the specifics, here’s something that applies to every new homeowner: the mindset shift is real. That first moment when something breaks and you…
1011 Cordova Street W PH01, Vancouver (Sotheby’s International Realty) Realtor Tanis Fritz knows the importance of discretion when working in the luxury real estate market. As the listing agent for one of Canada’s priciest condo listings—a $21-million, 6,480-square-foot penthouse in Vancouver’s Fairmont Pacific Rim Residences—she understands what it takes to succeed at this level. “Having a reputation for discretion at this level is a differentiator,” says Fritz, a Sotheby’s International Realty agent. And Fritz understands the ultra-luxury level. According to the Vancouver Sun, her penthouse listing at the Pac Rim is owned by none other than the crown…
Last summer, the Province updated the BC Building Code to allow for single egress stair designs in residential buildings up to six storeys, a change that pleased both developers and housing advocates. Local governments, however, have been a different story.Supporters of the single egress stair (SES) change believe that safety mechanisms have advanced substantially since policies requiring at least two points of egress were put in place, and that reducing the requirement would allow for more efficient building designs and land use. Those opposed to the change believe that the risk is greater than the reward.The Province’s change did not…
This Week’s Top Stories: Canadian Life Satisfaction Erodes, & Toronto New Home Sales At ’90s Crash Levels
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadians Satisfied With Their Quality of Life Plunges Further Canada is further turning into a country of haves and have-nots, according to a state survey. Statistics Canada released the latest quality of life survey results, and all but one age group is less satisfied. The vast majority of seniors (60.5%) scored highly satisfied, rising from last year. However, every other working aged adult cohort further eroded, especially those in the critical Core Aged demographic. Just 1 in 3 of the youngest Core Aged workers were highly satisfied,…
Canada’s housing market is a hot topic, with high demand, limited supply, and rising prices making it challenging for many Canadians to find affordable homes. In response, provincial governments across the country have introduced various programs aimed at making homeownership more accessible, offering financial aid, and providing incentives for both first-time homebuyers and those looking to improve or renovate their existing homes. Here are some of the key provincial programs designed to alleviate housing costs and provide financial aid across Canada. 1. Ontario Ontario has rolled out several programs that provide financial support for prospective homeowners, renters, and those looking…
As Ontarians prepare to cast their votes in the 2025 provincial election, the Ontario Real Estate Association (OREA) has released its Election Report Card, evaluating the housing platforms of the four major political parties. The report measures each party’s platform against OREA’s housing plan which it says outlines actionable solutions to address the province’s housing supply and affordability crisis. A home for everyone OREA’s A Home for Everyone focuses on three key priorities: Increasing housing supply Ending exclusionary zoning to allow up to four units per lot across Ontario Increasing density near transit corridors through zoning modernization and…
In Canada, there is no legal cap on how many properties an individual can own. Although there are some misconceptions that government regulations may limit property holdings, Canadian law permits the purchase of multiple properties, whether they are primary residences, second homes, or investment properties, other than, in some cases, regulatory restrictions for non-residents. However, there are practical limitations, which come from financing requirements and tax obligations. Financing and Lending Considerations While you can legally own as many properties as you wish, obtaining the necessary financing is often the biggest hurdle. Lenders assess your financial profile—including income, credit score, and…
Gregory Henriquez heads up one of Vancouver’s best known architecture firms, Henriquez Partners, and now he oversees a new advisory services firm called Archaeology – which he said is the City of Vancouver’s first hired consultant for its new program to develop city-owned housing. The City’s new Housing Development Office (VHDO), announced earlier this month, has a mandate to develop on City-owned land, launching with 40 and 54 storey towers and 1,136 units on a large downtown land assembly bordered by Burrard and Hornby and Pacific Street. Storeys reported on the City-applicant rezoning submission in December, prior to the announcement…