Future of Copper Hill in Newmarket
From the map, The neighborhood of Copper Hill in Newmarket looks like a spider web! A new Community Splash Pad comes to Copper Hill! When Councillor Tom Vegh twittered the news all people in the neighborhood should have a big smile! I was sent with one picture of that twitter immediately from some neighbor who just uses Wechat, then I started following him on Twitter. Yesterday Oct 3rd, a community meeting was held again by Tom Vegh (Newmarket Ward 1 councilor ), and there are more updates on the further development of Copper Hills: Construction will soon begin on Coppervalley Estates (about 109…
High Rental Yield Market – London ON
LONDON ON ‘ average home price reached 328,759 in Sep 2017 after experiencing 18% annual increase, Still, its price just as 42% of Toronto and 32% of Vancouver. The gross rental yield in London area keeps 6%-8%. While Toronto is experiencing roller-coaster London ON shows rather cool-headed! How small those movements are: September compared with August Sales decreased 90 units to 802 units, the Average price went down 1000 to 328,759/unit, Inventory increase 51 units to 1776 units. Sales 9,279 Units ∼ Inventory 1,776 Units ∼ Price 328,759 CAD / Units [addthis tool=”addthis_inline_share_toolbox_daj6″] Sale Inventory Price Know market is like having…
New Rental Rules after Fair Housing Plan!
From Sep 1, 2017, when a landlord ends a tenancy for personal use of the rental unit (for themselves or family member), landlords must provide one month’s rent to the tenant or offer the tenant another acceptable rental unit.
Price to Income Ratio with New Household Income Data in Canada
According to Toronto household income 78,373/household and average price 732,292, the Price to Income ratio is 9.34; While in 2005 the average house price is 304900, and the Price to Income ratio is 4.03 in 2005. and my explanation to that increase is: People prefer to spend more by living in Toronto
Canadian Overnight Rate goes up the day when Tiger in Georgia killed by Polica
the news Tiger Wandering Georgia Highway is Shot and Killed by Police was twittered to me, I murmured to myself: Hiking rate is not as Violent as a Tiger!
Look for Comparable Low! – GTA city price comparison!
Buyer / Investor Must Read!
By reading the following graph you can get the easiest comparison among GTA cities.
The Global Liveability Report 2017
Toronto scores 100 for 3 Categories: Stability, Healthcare and Education. Culture and Environment Toronto scores 97.2 and Infrastructure scores 89.3; as we know the government is investing more money in infrastructure in futures year, which seems to resonate what the report implies; although I still hear lots of protest comments on the big infrastructure expenditure plan.
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