Tony's Blog

Toronto real estate agent, Tony Fabiano, shares his insights about this great city. Whether it's great deals on waterfront condos, the latest condo pre-construction deal, or the score of the last Raptor or Leaf's game, you'll find it here on Tony's Blog.

 

 

The provincial government has announced significant changes to the Provincial Land Transfer Tax (PLTT), including a doubling of the rebate available to first-time home buyers, bringing it in line with the City of Toronto's rebate, and an increase in the PLTT paid on the portion of the price of properties over $2,000,000 to help pay for the increase in the first-time buyer rebate. 

  • The provincial government is proposing to double the maximum rebate for first-time home buyers from $2,000 to...
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Garry Marr | August 15, 2016 11:23 AM ET
More from Garry Marr | @DustyWallet

 

 

TORONTO Housing prices continue to rise in the Greater Toronto Area because of land shortages that are at least partially being driven by builders sitting on real estate in hopes of a rising market, says a new report.

 

CIBC deputy chief economist Benjamin Tal said provincial legislation which has created scarcity of land around the Toronto region has developers feeling confident that...

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Toronto Real Estate Board President Mark McLean announced Greater Toronto Area REALTORS® reported 4,672 residential transactions through TREB's MLS® System in January 2016.

This result represented an 8.2 per cent increase compared to January 2015.  "It is clear that the hand off from 2015 to 2016 was a strong one," said McLean.

 

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Great Opportunity In Greek Town!

Prime Danforth Location Corner Above Renowned Pappa's Grill. Large Open Space With Soaring 11.5...

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Royal Bank of Canada, the country’s second- largest lender by assets, said it’s raising some mortgage rates even as the costs for funding home loans declines.

Royal Bank’s special discounted rate for its five-year fixed mortgage will rise to 3.04 per cent from 3.03 per cent effective Jan. 8, the Toronto-based bank said Tuesday in a statement. A five-year variable mortgage, which is tied to the bank’s prime rate, will rise to 2.6 per cent from 2.45 per cent. The lender also...

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Federal Finance Minister Bill Morneau announced changes  to the rules for government-backed mortgage insurance. Effective February 15, 2016, the minimum down payment for new insured mortgages will increase from 5 per cent to 10 per cent for the portion of the house price above $500,000The 5 per cent minimum down payment for properties up to $500,000 remains unchanged.

 

For example, on a $625,000 property (2015 average GTA price)

 

$500,000 x 5%   =   $25,000

...
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There’s a chill in the air and the snow flurries have begun, which means that a winter wonderland is not too far away from arriving in the GTA. But don’t stay bundled up inside … get out there and enjoy some of the excitement that the season brings!

 

 

One of the first things that comes to mind when winter’s in the air is the arrival of Santa Claus, and the jolly old elf has several appearances scheduled. The biggest and most well-known is the world-renowned Toronto...

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Not your typical industrial condo unit! This double-end unit offers 2985 square feet of fully finished space, plus 978 square foot mezzanine.

Super clean space was used as a Ferrari restoration facility. Well maintained complex with large driveway which allows for large vehicles.

Various permitted uses such as vehicle repair, office, retail, restaurant, manufacturing ,studio and so much more! Prime location just minutes to Highways 27, 407 & 427.


Click Here For More Information and ...
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Now that we’re in winter’s icy grip, are you armed with the tools you need to get through the cold months, snowstorms, and potential power outages? Here are the items that every homeowner should have on standby to get them through whatever surprises winter may have in store!

 

 

Shovels, Snowblowers and Ice Melters

Keeping driveways and walkways clean in the winter months can be a daunting task, but choosing the right snow removal tools can make the work a bit easier. Having...

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It’s a new year, and with the holidays in the rearview mirror, it’s time to start thinking about making changes around your home. We’ve found some key design and decor trends that you might want to consider, plus we’ve spoken with two of Toronto’s design and decor experts about their favourite elements for 2015.

 

Bright and Bold Bedding

Bedding is a way to quickly change the look of a room, and lighten things up with bright and bold colours, like hot pink or peacock...

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December is almost here which means that it's time to get ready for the holiday season! Whether you're in a cozy condo or a large house, here are some fun and creative decorating ideas to give your home a festive makeover.

Decorating Tips for Condos


Trees are a holiday essential, and don't feel that you have to skip this one if you have a small space. Opt for a miniature tree and place it on a tabletop or elevated surface. To add a whimsical touch, hang twinkle lights from the ceiling, line them...

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I have listed a new property at 205 3 Ellesmere ST in Richmond Hill.
Exceptional Value In Prime Richmond Hill Location! Spacious 1 Bedroom Suite Offers A Bright Open Concept Layout - One Of The Largest 1 Bedroom Models In The Building *840 Sq.Ft Mpac* Large Updated Kitchen Offers Ample Storage/Counter Space Complete With Breakfast Bar. Comfortable Living Area With Walk Out To Private Balcony Overlooking Green Space. Master Bedroom Double Closet With Den/Office. Building Amenities...
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Looking for a place that you can run your business and store your toys under one roof?



Main floor divided into two spaces, car storage and warehouse space.



100 X 40 feet of fenced outdoor storge perfect for any contractor!



For more information on this excellent opportunity, view the detailed listing information!

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One of Toronto’s most exciting and vibrant areas encompasses Niagara-King West, West Queen West, and Beaconsfield. Let’s learn a bit about these neighbourhoods and check out some of the reasons why this is such a highly desirable area.

 

Niagara-King West

 

 

Niagara-King West began in the 1700s when it was part of a military garrison, which included Toronto landmark and museum, Old Fort York. In the 1850s, it became an industrial centre with factories and mills, plus homes...

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Liberty Village is a young and vibrant community in Toronto located on top of one of the city’s oldest settlements. It was once an area with a strong industrial presence because it was so close to major railway lines. With the manufacturing industry moving out of the city and the dawn of road transport during the 1970s and 1980s, property values dropped and once glorious buildings fell into disrepair … but that all changed at the start of the new millennium.

 

Since 2004,...

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Yorkville's had many faces over the decades, from the brickyards and breweries to beatniks and bohemians. The Yorkville that we know today started to take shape in the 1970s when upscale retailers, designer boutiques, condos, fine dining establishments and galleries moved in. It is now one of Toronto's most glamorous, vibrant and alluring neighbourhoods to live and play in!

 

Parks and Green Space

 

 

 

The Village of Yorkville Park at the corner of Cumberland and Bellair used...

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