Friday 19 April 2024

Canada Federal Budget 2024: What You Need to Know if you are a homebuyer, homeowner or a real estate investor

 


The government has positioned Budget 2024, Fairness for Every Generation, as a budget that “takes bold action to build more homes…and will grow the economy in a way that’s shared by all.”

Following a string of housing announcements in recent weeks, Canada's Housing Plan released on Friday, April 12, 2024, alongside Budget 2024 details an ambitious set of housing initiatives aimed at tackling the housing crisis through increasing housing supply, helping homebuyers and renters, and supporting innovative solutions for builders.

Among the new and previously announced measures, Budget 2024 aims to:

Increase the capital gains tax inclusion rate

The government is increasing the inclusion rate on capital gains realized annually above $250,000 by individuals and on all capital gains realized by corporations and trusts from one-half to two-thirds. Individuals will continue to pay tax on 50 per cent of any capital gains up to $250,000 per year. The new rules will apply to capital gains realized on or after June 25, 2024.

Selling your principal residence will continue to be exempt from capital gains taxation. TRREB will ensure we hold the government to this commitment.

Are Taxes Killing Canadian Homeownership Dreams?

Increase in Home Buyers' Plan Limit:

The Home Buyers' Plan (HBP) limit will increase from $35,000 to $60,000 for an individual or $120,000 for a couple, allowing first-time homebuyers to withdraw more from their Registered Retirement Savings Plans (RRSPs) for down payments, benefiting from the tax advantages of RRSP contributions.

Canadians withdrawing from their HBP between January 1, 2022, and December 31, 2025, will benefit from an extended repayment grace period, now up to five years, allowing them to better manage mortgage payments.

Extended Mortgage Amortization Periods:

The budget will introduce a provision for 30-year mortgage amortizations for first-time homebuyers purchasing newly built homes, starting August 1, 2024. This extension aims to make monthly mortgage payments more manageable.

Canada to Allow 30-Year Mortgages for First-Time Homebuyers

Permanent Amortization Relief:

Enhancements to the Canadian Mortgage Charter will include permanent amortization relief for existing homeowners meeting specific criteria, thus allowing them to reduce their monthly mortgage payments as needed.

Housing Accelerator Fund Enhancement:

An additional $400 million will be added to the Housing Accelerator Fund, raising its total to $4.4 billion, aiming to fast-track the construction of an additional 12,000 new homes over the next three years.

Canada Housing Infrastructure Fund:

A new $6 billion fund will support the construction and upgrading of essential housing infrastructure to facilitate more homebuilding activities. The government is looking to partner with provinces to deliver this funding, in addition to working directly with municipalities.

Support for Renters:

New measures for renters include launching a new $15 million Tenant Protection Fund, creating a new Canadian Renters' Bill of Rights, and making sure renters get credit for on-time rent payments.

Making Your Home Cheaper to Heat and Easier on the Environment:

To help Canadians lower monthly home heating costs, the government is reinvesting $903.5 million into a new Canada Greener Homes Affordability Program to support energy efficient retrofits for homeowners and renters with low- to median-incomes.

Combatting Mortgage Fraud:

Government will be consulting with the mortgage industry on making a tool available through the Canada Revenue Agency to verify borrower income for mortgages. Income verification through the CRA is something TRREB has strongly advocated for in the past.

Investing in New Approaches to Homebuilding:

Government is earmarking $50 million through Canada's regional development agencies to support innovative housing projects, including those in modular housing, automation, and robotics.

Providing Low-Cost Loans to Prefabricated Housing Projects:

Earmarking at least $500 million in low-cost financing is to be made available through the program for new apartments that use prefabricated or innovative homebuilding techniques.

Offering Low-Cost Financing for Homeowners to Add Additional Suites:

Proposing a new Canada Secondary Suite Loan Program, delivered by the Canada Mortgage and Housing Corporation, will enable homeowners to access up to $40,000 in low-interest loans to add a secondary suite to their homes.

Accelerated Capital Cost Allowance Increase:

The federal government is increasing the post-tax Accelerated Capital Cost Allowance from 4% to 10% for purpose-built rentals. This will act as a major incentive for the construction of a new supply of purpose-build rentals.

In addition to these measures:

  • The government intends to restrict the purchase and acquisition of existing single-family homes by large corporate investors. The government will consult in the coming months and provide further details in the 2024 Fall Economic Statement.
  • The government is also considering introducing a new tax on residentially zoned vacant land and will launch consultations later this year.
  • The government intends to establish a subsidiary of the Canada Mortgage and Housing Corporation (CMHC) to deliver flood reinsurance.

The 2024 federal Budget places a strong focus on enabling more housing supply; however, the potential impact of new tax measures is concerning for many Canadians. 

1.3M Homes Will Close Canada Housing Gap by 2030

Rethinking Canada’s Target for 5.8 Million New Homes by 2030:


Canada Immigration Plan: 

  1. Immigration Levels Plan 2024-2026:


If you are a homeowner, home buyer, or an investor, and if you have any questions regarding real estate, feel free to reach us here.



Friday 12 April 2024

Home prices are forecasted to rise 20% over the next three years

 




  • Projections forecast a major rise: The cost of buying a home in Canada has become increasingly impossible for many in the country but things will soon get a lot worse according to a report from the country’s national housing agency. 

  • Homes will get 20% more expensive: Existing housing prices are forecasted to rise 20% over the next three years based on the latest data from the Canada Mortgage and Housing Corporation (CMHC) because of cuts to interest rates. 
  • The cost of an average home in 2024: The average sale price of a home in Canada at the end of 2024 is expected to reach as high as $711,429, which Better Dwelling reported was a 4.9% advancement from home prices in the previous year. 
  • Prices will see explosive growth: Canadian home prices will see explosive growth in 2025. CMHC is forecasting a 9.5% jump in the cost of housing while 2026 will see a moderate rise of 4.6%. The baseline price will rise to $815,851. 
  • The activity will be in smaller cities: Better Dwelling reported that the difference between the baseline prices of housing in 2024 will rise by 20% before the end of 2026. Most of the activity is forecasted to take place in smaller cities.
  • Demand will push prices up: “Demand for homes will push prices up throughout the projection horizon,” the CMHC report noted. “By 2025, prices could reach the peak level recorded in early 2022 and surpass it in the following year.”
  • Affordability will be an issue: “Affordability will therefore be a growing concern,” the report added before noting that the rise in costs would be fuelled by declining mortgage rates as well two other factors that the report explained.   
  • What’s causing the bump? Expected interest rate cuts aren’t the only factors having an impact on the forecasted rising cost of housing in Canada. Pressure will be placed on demand by the country’s growing population. 
  • Record population growth: “Strong population growth recorded in 2023, the highest since the 1950s, will continue into 2024. This will contribute to the recovery in sales,” the report’s authors explained, and it makes a lot of sense. 
  • Canada’s immigration policy: Canada will take in roughly 1.5 million new immigrants from 2024 to 2026 according to the government’s plans, which means that the population will continue to rise at a time when housing is in trouble. 
  • The country lacks 3.5 million units: In September 2023, a CMHC report noted that Canada would need at least 3.5 million more units than were already being built in order to meet the housing requirements of the country’s population in 2023. 
  • Latest Bank of Canada update-Bank of Canada holds and maintains policy key interest rate at 5%, continues quantitative tightening.  

  • Bank of Canada Latest Update:

    As per Scotia bank, As expected, the Bank of Canada kept its policy rate unchanged at 5%. Inflation is slowing, but high prices continue to put pressure on households. Canadians can expect substantial interest rate relief later this year. Our economists predict the BoC will likely start lowering its policy rate in September, to a total of 75 basis points cut by the end of the year.
    Stay tuned for the next interest rate decision on June 5, 2024.
    Scotiabank’s analysis suggests that the Bank of Canada’s rate cuts might face delays due to high government spending.
  • Speaking in Toronto on Thursday, Finance Minister Chrystia Freeland announced the federal government will allow 30-year amortization periods on insured mortgages for first-time homebuyers purchasing newly built homes.

    The change will take effect Aug. 1.

  • As part of the announcement, Freeland also said the government will raise the amount first-time homebuyers can withdraw from their RRSPs -- to $60,000 from $35,000 -- to buy a home. That will take effect April 16, the day the federal budget is set to be released.

    The government said the change reflects the reality that the size of a down payment and the amount of time needed to save up for one are much larger than they used to be.

    People who have made or will make withdrawals between Jan. 1, 2022, and Dec. 31, 2025, are also getting more time to begin repayment -- up to five years in total rather than two.

    Ottawa said those changes are meant to work in tandem with the First Home Savings Account, which it launched last year. The rules governing that program allow prospective homebuyers to start saving for up to 15 years once they open an account, with an annual $8,000 deposit cap and a lifetime contribution limit of $40,000.

    Freeland said more than 750,000 Canadians have opened an FHSA to date. While the program came online April 1 of last year, most Canadian financial institutions only began offering the account as of last summer or fall.

    Ottawa also announced changes to the Canadian Mortgage Charter that will include an expectation that financial institutions offer permanent amortization relief to protect existing homeowners who meet certain eligibility criteria.

    That would allow eligible homeowners to reduce their monthly mortgage payment to a number they can afford for as long as needed.

Market News: 

  • GTA expected to surpass Vancouver as Canada's most expensive housing market in 2024: Royal LePage
  • Home sales and prices edging up as housing market 'could get interesting,' reports say CBC
  • Goodbye, buyer's market: Aggregate home price to rise even more across Canada later this year
  • CREA (Canadian Real Estate Association) Forecasts Rebound in Residential Property Sales
  • Canada needs to build 1.3M additional homes by 2030 to close housing gap, says PBO (The parliamentary budget officer)
  • What are you waiting for, if you're thinking of buying your home? Contact us: 647-760-7061 to learn more.
  • Thinking of buying existing home or new home? Happy to help you and people you know. 






Friday 5 April 2024

Greater Toronto Area Homebuyer Budget: Can You Afford It?

 

Affording a home in Toronto and the Greater Toronto Area (GTA) requires a significant household income. Here are the numbers based on January 2024's benchmark home prices from the Toronto Regional Real Estate Board (TRREB):


Income Required by Property Type in the GTA:

- Single-family detached: $1,360,400 home price needs a $269,000 income with a $6,485 monthly mortgage.

- Single-family attached: $1,043,700 home price needs a $208,000 income with a $4,976 monthly mortgage.

- Townhouse: $795,000 home price needs a $157,000 income with a $3,790 monthly mortgage.

- Apartment/condo: $682,600 home price needs a $137,000 income with a $3,254 monthly mortgage.


Income Required by City in the GTA:

The table below shows the income needed for an average property in various GTA cities:


| City | Benchmark Home Price | Household Income Needed | Monthly Mortgage Payment |

| --- | --- | --- | --- |

| Ajax | $967,600 | $193,000 | $4,613 |

| Aurora | $1,321,200 | $262,000 | $6,299 |

| Brampton | $999,200 | $199,000 | $4,764 |

| Markham | $1,300,600 | $258,000 | $6,200 |

| Mississauga | $1,002,000 | $199,000 | $4,777 |

| Oakville | $1,285,800 | $255,000 | $6,130 |

| Richmond Hill | $1,404,200 | $278,000 | $6,694 |

| Toronto | $1,026,703 | $205,341 (minimum down payment) | N/A |

Watch market snap in brief!

In 2021, the average Canadian income was $54,000. To afford a detached home in the GTA, you'd need over four times this income. The Toronto real estate market continues to pose a substantial financial challenge for buyers.


These figures are based on benchmark prices and average incomes; individual circumstances will differ. Prospective homebuyers should consult with a real estate broker/salesperson who is knowledgeable about the current market, experienced, skilled in negotiation, communicative, empathetic, and well-informed.

Wednesday 20 March 2024

5 most desirable areas to buy a home within a one-hour drive of Toronto

 Affordable homes can be found in Mississauga, Halton Hills, Pickering, Milton, and Aurora, all near Toronto. These cities offer amenities and recreational options. Average home prices range from $902,000 to $1 million.


Watch it here👇

5 most desirable areas to buy a home within a one-hour drive of Toronto


Saturday 10 June 2023

Top Family-Friendly Investment Areas in Toronto



Top Family-Friendly Investment Areas in Toronto  

Watch this video till end. 



Let me know whch is your favorite neighbourhood in the comment below.

Let's talk: 647-760-7061

Happy to help you for your real estate solutions.




Monday 1 May 2023

Is your home ready for you to age in place? | Pankaj Patel, Broker, HomeLife/Miracle Realty Ltd., Brokerage *


Make your home safe and age-friendly for seniors



Aging Brings Changes

Aging affects each individual differently. Some seniors experience physical limitations that seriously affect their level of activity while others are able to remain quite active. The natural process of growing older, however, generally includes changes in abilities. If you're experiencing some of the problems associated with the changes described below, consult your health professional and make sure you undertake whatever changes or adaptations will help you cope and compensate.

Vision

Eyes take longer to adjust from dark to light and vice versa, and become more sensitive to glare from sunlight or unshielded light bulbs. There is a decline in depth perception that can make it hard to judge distances. Perceiving contrasts and colours can also be more difficult.

Touch, Smell and Hearing

Sensitivity to heat, pain and pressure decreases; this may make it more difficult to detect a liquid's temperature or changes in ground or floor surfaces. Sense of smell diminishes, making it harder to smell spoiled food, leaking gas and smoke. Hearing loss can result in difficulty hearing telephones, doorbells, smoke alarms, etc.; it can also result in a decrease in balance, which can make falling more likely.

Bone Density

Bones naturally become less dense and weaker with age. Bone loss (osteoporosis) among seniors can be worsened by lack of exercise and nutritional deficiencies. Bone loss can lead to painful fractures, disfigurement, lowered self-esteem and a reduction or loss of mobility.

Balance and Gait

Balance is a complex function involving eyes, inner ear, muscular strength and joint flexibility. Any one of these can change as a result of aging. A general decline in equilibrium can make it more difficult to maintain or recover balance, meaning that a slip or trip can become a fall. The speed of walking, the height to which the heels are lifted, and the length of a person's stride can change with age. These changes can make it more likely for someone to experience a fall.

Memory

In general, sharp brains tend to stay sharp. Cognitive processing and memory may take a bit longer, but this is a normal effect of aging. This is why it's important to make lists and keep phone numbers handy.

 

Most seniors develop effective coping mechanisms as they age. Being aware of the normal changes of aging allows you to plan for home and lifestyle adaptations that will help you retain your health, quality of life and independence.

Keeping Your Home Safe

Read more here

















Tuesday 4 April 2023

How to avoid costly repairs in your home appliances?

How to avoid costly repairs in your home appliances?

(NC) We rely on our household appliances to get the job done. From washing and drying multiple loads of laundry a week, to keeping our dishes sparkling clean, our appliances have their work cut out for them. That’s why it’s important to keep the following in mind:


For all your real estate needs, happy to help you and your friends.

Pay attention to the details and be proactive
Is your dishwasher leaving behind food stains? Does your washing machine make a faint rattling sound? Are your frozen foods a little softer than usual? Pay attention to the performance of your home appliances to get ahead of any issues. Proper maintenance now may help eliminate larger repairs in the future.

Follow the manufacturer’s instructions
Every appliance requires regular maintenance – the frequency, type of maintenance and how to complete it are outlined in the manufacturer’s instruction manual. You may be surprised to learn that even your washer and dishwasher need to be cleaned regularly. Helpful tip: If you’ve misplaced your instruction manual, you can usually find it online on the manufacturer’s website.

Look for built-in reminders to help keep you on track
For example, if you own an eligible LG appliance, you can easily activate proactive customer care through their app. The service automatically sends you contextual alerts and reports based on your appliance usage data. It can notify you if you need to change your refrigerator’s water filter or clean the inside of your oven. It can also alert you to possible maintenance issues before they happen.

Consult a professional for more extensive maintenance or repairs
If you suspect that your home appliance may need more than regular maintenance, consult an authorized service provider. These providers have received extensive training from the manufacturer on diagnosing and repairing your specific appliance. If you are unsure on whether the service provider is authorized, contact the manufacturer directly for a list of authorized service providers near you.


For all your real estate needs, happy to help you and your friends.


#homeappliances #savemoney #homeowners #condoowners #homemaintenance #realestate #homebuyers #condobuyer #investor #ajaxrealestate #torontorealestate #Pickeringrealestate #Whitbyrealestate #Oshawarealestate #Scarboroughrealestate #gtarealestate #newcondos #newhomes

Thursday 9 February 2023

Year-round Seasonal Home Safety Checklist

 



Seasonal home safety checklist

(NC) Having your own home comes with many perks from privacy, to added space, to your own unique dĂ©cor. But one thing’s for sure – it takes some work to keep the place organized and safe.

To help keep your home running smoothly, here’s when to tackle some important home safety tasks.

Winter wonderland

  • Look for bare patches on your roof after a snowfall to see if your roof or attic insulation may need repair.
  • Check for water leaks indoors during minor thaws to get ahead of water damage and mould.
  • Test for high levels of radon gas in your home with a simple DIY test, or call in a pro.
  • Make sure important documents are stored off the floor and not in the basement ahead of spring thaws and floods.

Spring showers

  • Refresh your emergency kit if needed, and add any season-specific items, such as a battery-operated fan if you lose air conditioning in a summer power outage.
  • Angle your downspouts away from your home to prevent flood damage.
  • Consider adding a sump pump with backup power or reverse-flow valves in basement drains.
  • Clear gutters and debris left over from winter storms and do time-sensitive repairs.
  • Inspect your roof and repair any damage.
  • Consider applying sealant around basement windows and at the base of exterior doors.
  • Check your smoke and carbon monoxide alarms each spring and fall.

Sunny summer

  • Do more extensive safety updates in summer when weather is clear, such as fixing a leaky foundation.
  • Ensure that your landscaping is graded to slope away from your home.
  • Trim any trees or bushes that are getting close to power lines.
  • Check your ventilation by holding a tissue up to your bathroom fan – the suction should cause it to noticeably flutter.
  • Run a dehumidifier to prevent mould if you live in a humid place or detect a musty smell.

Fall fixes

  • Winterize or drain outdoor faucets and pipes ahead of cold weather to avoid frozen, burst pipes.
  • Check and replace weatherstripping to ensure your home is protected from the elements.
  • Clear your eaves-troughs and downspouts of leaves and debris.
  • Refresh your emergency kit with supplies to last you for several days.
  • Confirm that your smoke and carbon monoxide alarms are in good working order and replace the backup batteries.

Whatever the season, make sure you know the risks in your area so you can properly prepare your home for them. Do you live near a river that floods in your area every spring? Or, are you at risk for wildfires in summer? Are you likely to face severe winter storms or power outages in winter? A little preparation, can help you be ready for just about anything.

Finding your Dream Home has never been this easy!

Find out about your regional risks and learn more safety tips at getprepared.ca


Protect your home and personal safety while you’re away

 


Protect your home and personal safety while you’re away

(NC) After a couple of months cooped up indoors, many of us are ready to get on the move. Whether we’re visiting friends and family or simply seeking warmer temperatures, here are some tips to keep yourself, your loved ones and your home safe while you’re away.

Plan for your mail
A pile of packages outside your door is a clear sign to would-be thieves that no one is home. Ask a trusted neighbour to collect it or get Canada Post to hold your mail until you return. Place a temporary pause on any newspaper subscriptions you have. This gives you peace of mind knowing that nothing will pile up while you’re gone.

Add entryway cameras
Installing cameras at your front and back entrances allows you to easily check in on what’s happening outside your home. For a simple and effective setup, look for an all-in-one option like Telus SmartHome Security, which includes 24/7 monitoring and real-time alerts so you know if something’s up, as well as automation for lights, heating and devices. Security signs on your front lawn and cameras are also known to deter criminals since they don’t want to risk exposure and getting caught.

Time your lights
It’s obvious no one’s home when the lights don’t turn on for hours or days on end, especially in the dark winter months. Set up your most-used lights on timers to go on and off at typical times of day so no one can tell you’re not there.

Try wearable tech
Apart from the home, consider upgrading your family’s personal safety with new technology woven into wearable devices. Telus SmartWear Security for instance includes wearable personal safety devices disguised as stylish necklaces, bracelets and keychains with a hidden panic button that will share your location and can instantly connect you with contacts or help dispatch emergency services with a double click.

Revisit your social media approach
You may love to post about special occasions on social media, but it’s important to be careful of how much you share and when. Before you depart, look through your feed for any posts that give out personal information about your habits and your home – even a street name or house number. Consider waiting until you get home to post about vacation activities, and be sure to disable geotagging in your settings.

Friday 29 July 2022

What happens if your builder goes bankrupt?

 


What happens if your builder goes bankrupt?

(NC) While choosing to buy a new home is an incredibly exciting time, it can also be a little stressful. If you are considering buying a new-build home, a good understanding of how your deposit protection works will go a long way to giving you greater peace of mind. Here are answers to some of the most common questions new home buyers have:

What does deposit protection cover?
Deposit protection covers you in cases where your builder goes bankrupt or fundamentally breaches your agreement. It also applies in situations where you exercise a statutory right to end the purchase agreement, such as when completion of your home is extended beyond the latest allowable date indicated in the addendum of your agreement.

How much of my deposit is covered?
The level of deposit protection depends on the type of home you buy. If the price of your new freehold home is $600,000 or less, your deposit is covered for up to $60,000. For example, if the price of



the home you’re buying is $550,000 and if you put down $60,000,?your entire deposit is protected.?If it’s over $600,000, you’re protected for 10 percent of the purchase price, up to a maximum of $100,000.

If you’re looking to buy a condo unit, you receive two levels of deposit protection. First, your deposit is protected by the trust provisions of the Condominium Act. Under the act, your builder must hold your deposit money in a trust account. As the second level of protection, if for some reason your deposit was not placed in the trust, the new home warranty provides protection for up to $20,000.

What about other payments I make upfront? 
Deposit protection now covers other payments related to your new home within the above limits, such as those you make for upgrades and extras like hardwood flooring or granite counters.

However, keep in mind that the new home warranty does not protect any payments made to reserve or hold a home before the purchase agreement is signed.

How do I get my deposit back?
If you’re eligible for a deposit refund, your builder must return it to you. If you’re unable to get a refund from your builder when you’re eligible, you can make a claim to the consumer protection organization Tarion,

You can learn more about buying a new home at tarion.com.

Attention: This content is reserved for distribution in Ontario only.

Thursday 4 March 2021

A unique and exciting investment opportunity nestled in Downtown Hamilton! PRICING STARTING FROM THE LOW $300s!

 

A unique and exciting investment opportunity nestled in Downtown Hamilton!  

Steps from Hamilton's vibrant downtown core. Here at Beasley Lofts, future residents will find themselves minutes from the Hamilton Centre GO Station, Highway 403, Mohawk College & McMaster University, a fantastic selection of Big Box Stores and so much more!

We're thrilled to introduce you to our residential & commercial units, including our secure parking, on-site storage, and our unique Rooftop Gardens. 


image.png

 

IMAGINE

 

Immerse yourself in the heart of downtown, experience the thriving Hamilton community of artists, shops, and restaurants just steps away. Enjoy the lifestyle from the comfort of your home without leaving the building by taking advantage of the indoor atrium, food & beverage services, even on-site retail or office spaces so you can cut your commute to an elevator ride. Enjoy unparalleled amenities:

 

24-hour security and concierge
Included access to the on-site fitness center
Shuttle service connecting you with Hamilton's hotspots
Walking distance to both GO Stations - a commuter's dream!


FLEXIBLE Deposit Structure: 

20% of Purchase Price

$5,000 - Due on Signing

$10,000 - Due in 90 Days

$15,000 - Due in 180 Days
The remainder of 20% - Due in 365 days

 


PRICING STARTING FROM THE $300s!





REASONS TO BUY

A GROWING CITY

Hamilton's landscape is rapidly changing with a $140 million waterfront redevelopment that will transform West Harbour into a vibrant, pedestrian-friendly community; and a new $500 Million Entertainment hub, only a 10-minute walk from Beasley Park Lofts, has been approved to revitalize the arts and culture scene

HAMILTON GO CENTRE

Conveniently located just a quick 5-minute commute from the Hamilton Centre GO Station which features both GO Bus & GO Train Transit

MAJOR HIGHWAYS

Conquer your morning commute with incredible ease being just 5 minutes from Highway 403, seamlessly connecting you to Highway 407 & the QEW in just minutes

POST-SECONDARY SCHOOLS

You will be 7 Minutes from Mohawk College which is home to 30,000 full-time, part-time, and apprenticeship students at the three campuses located all in Hamilton


Residents will also be less than 8 minutes from McMaster University which is ranked 4th in Canada and 69th in the world and is one of only four Canadian universities consistently ranked in the world’s top 100! McMaster University is home to over 30,000 students, representing 120 countries


Stinson projects are UNIQUE and the units will always hold their value.

Unlike most 'cookie-cutter condos' Stinson buildings are architecturally distinctive and the units are well-designed.

Ceilings are higher, the location is ideal, a park surrounds the building, 24-hour food-store onsite, 24-hour cafĂ©, lobby bar, private shuttle bus for residents, concierge, gym, business center, underground parking; in fact, a self-contained village! 



Interested in receiving HOT Investment opportunities?
Call us: 647-760-7061
preconstruction flyer.PNG

Canada Federal Budget 2024: What You Need to Know if you are a homebuyer, homeowner or a real estate investor

  The government has positioned Budget 2024,   Fairness for Every Generation , as a budget that “takes bold action to build more homes…and w...