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From 2003 to 2018, Canada saw an increase in home and property prices of up to 337% in some cities. [2] In 2016, the OECD warned that Canada's financial stability was at risk due to elevated housing prices, investment and household debt. [3] By 2018, home-owning costs were above 1990 levels when Canada saw its last housing bubble burst. [4]
The 2010 Cushman and Wakefield report indicate rents of $198 per square foot, while the Q407 Toronto Retail Report in 2010 [4] mentions deals reaching $300 per square foot, making the Mink Mile the third most expensive retail street in North America. This has led to higher rents on nearby Cumberland St. and Yorkville Ave., with several new ...
A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
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The Toronto Regional Real Estate Board (TRREB), formerly the Toronto Real Estate Board (TREB), is a non-profit professional association of registered real estate brokers and salespeople in and about the Greater Toronto Area. [1] TRREB's Toronto office is located at 1400 Don Mills Road. [2]
The GST applies nationally. The HST includes the provincial portion of the sales tax but is administered by the Canada Revenue Agency (CRA) and is applied under the same legislation as the GST. The HST is in effect in Ontario, New Brunswick, Newfoundland and Labrador, Nova Scotia and Prince Edward Island.
In 2007, the average sale price for a Forest Hill South home was $4,320,000, although renting a place in the neighbourhood was still relatively affordable as of 2011. [5] Like much of Toronto today, that is no longer the case. The density in Forest Hill is fairly low as composed of mainly low-density housing. The housing is predominantly ...
The Toronto Purchase was the sale of lands in the Toronto area from the Mississaugas of New Credit to the British crown. An initial, disputed, agreement was made in 1787, in exchange for various items. The agreement was revisited in 1805, intended to clarify the area purchased.