If you’re curious how the Toronto real estate market is faring in 2023 – now two months in – all you need to do is bookmark the Urbaneer blog. Urbaneer has the housing news you need and the homeownership content you crave! Visit our Listings Page to take a peek at our gorgeous properties currently for sale, then slide over to our blog where we discuss the many facets of house & home, as well as Toronto culture, design, and architecture – hopefully with a few laughs along the way!
Feb may be the shortest month of the year, but we crammed in a lot of great content! Here is what you’ll find in our February 2023 E-Newsletter:
This month’s installment of Dear Urbaneer is entitled, ‘Dear Urbaneer: Will The New Anti-Flipping Legislation And A Ban On Foreign Buyers Impact My Toronto Property Investment?‘. In February, I helped a prospective property investor who wondered about the impact of the new CRA taxation requirements – intended to deter shadow-flipping and speculative investment – on the ROI of an investment property. They wrote, “I found your post ‘How Might CRA Taxation Effect The ROI Of An Investment Property?‘ super helpful when I started researching property investment. While I’m hesitant to jump into the market right now given the frequent and sizeable hikes in interest rates, I also want to be prepared in case the right opportunity presents itself; I’m seeing many properties being sold under ‘Power of Sale’ lately, which could represent potential opportunities for me. In addition to the Bank of Canada’s interest rate hikes, the new CRA anti-flipping legislation will likely affect my potential ROI too, right? But how, and what do I have to know?” Read on for my explanation and guidance!
The Urbaneer Team posts weekly blogs that share our love of all things real estate and that celebrate Toronto! Below are three of our most well-read posts this past month:
The most popular post in February was, ‘More Adaptive Reuse Sales: Churches, Factories, Coach Houses, Dairies & Garage Conversions In Toronto‘. In this blog, we build on our past adaptive re-use conversion blogs (12 Recent Adaptive Reuse, Live/Work, Storefront & Coach House Conversion Sales In Toronto & A Conversation About Corner Store Conversions In Toronto) with a new collection! In this one, we share some fantastic conversions that recently sold in the City of Toronto. There is an undeniable flavour to this style of housing; its history adds substance and texture to the home. And we adore them!
Another popular piece was ‘As We Start Calculating The Impact Of Covid-19, The Failure Of Government To Care For Its Senior Citizens Becomes Apparent‘. In 2023’s January installment of Dear Urbaneer, I offered guidance to a family helping their parents downsize from their residence of almost 40 years into a retirement home. The post, called ‘What Is The Best Process For My Elderly Parents To Downsize And Sell Their House?’ explored a number of factors to consider, ranging from the process of how best to downsize, as well as the implications of selling their property now or holding onto it as a source of revenue. While I was writing that post – which includes sharing the journey of my own Auntie’s transition from living independently in her own condominium to moving into Assisted Living during the pandemic – I found myself more thoroughly considering just how cruel the impact of coronavirus has been on the elderly. One major realization was that the inaction of the Ontario government to adopt new standards that respond to our changing environment signals the province is no longer making the safety and security of its residents a priority. It’s the impending consequences of this pejorative trend that I discuss here.
We also had a great response to our blog ‘How Urbaneer’s Custom Marketing Program Sold This Handsome Edwardian Residence In East York‘. Although almost any realtor can sell a property, finding the right Buyer – including those who live outside the city and may never cross the threshold of your dwelling – requires a company that understands the nuances of your property type, where it’s located, who the Buyer profiles are, and how to be effective in capturing their attention and convincing them it has all the qualities they’re seeking. It’s also about meeting the individual needs and criteria of you, the Seller. Whether you’re looking to facilitate a quick sale, find a Buyer who will complement the fabric of the community, or you’re wanting top dollar, at Urbaneer.com, we welcome facilitating your particular needs and requirements. We do not subscribe to the one-size-fits-all approach to the sale of real estate!
And – for lovers of unique urban spaces – don’t miss our sensational Toronto real estate listed for sale or lease on our site for your consideration!
Browse the February 2023 E-Newsletter here!
We LOVE Toronto real estate!
Steven & The Urbaneer Team
Bosley Real Estate Ltd., Brokerage • (416) 322-8000
http://www.urbaneer.com • email@example.com
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*Love Canadian Housing? Check out Steve’s University Student Mentorship site called Canadian Real Estate Housing and Home which focuses on architecture, landscape, design, products and real estate in Canada.