By: Beth O'Donoghue

Why Is Toronto SO Damn Expensive?!

Tags: Real Estate, Condominiums, For Sale, Pricing, Economy, Inflation

The topic of the century I swear. Pricing push back is one of the biggest objections I deal with in my job (second to commission objections) and every time we hit a price hurdle in Toronto ($500 a sqft to $600 now at $1000) everyone swears that this is it. The bubble has to burst. Things are going to come to a crashing and disastrous end. Alas, I am still waiting for this dooms day. Rather than ...Read More

By: Beth O'Donoghue

Why Toronto Absolutely Does Not Need A Foreign Buyers Tax And Why It Will Cause Unforeseen Rises In Pricing

Tags: Toronto Real Estate

   Many “real estate experts” have weighed in on Toronto’s rising real estate market recently. Many are calling our market a bubble, some are calling for an investor tax similar to the one recently imposed in Vancouver. I have eaten, drank, and slept the Toronto real estate marketplace for 30 years.  I have been a large scale buyer and investor, one of the top re...Read More

By: Beth O'Donoghue

Is Toronto Safe?

Tags: Toronto Real Estate

When I first moved to the city my grandma was scared! She did not like that I was a young woman living alone in the city. “Is your walk to school safe?” “Could you drive instead?” “Don’t leave late at night!” It went on and on. But like I told her and I am going to tell you the city is very safe. Even in its worst areas could be worse! As many have se...Read More

By: Beth O'Donoghue

Foreign Buyers ARE NOT The Issue

Tags: Toronto Real Estate

Wow is all I can say about the January we just had in the Toronto Real Estate Market. What is happening out there is 100% a domestic issue. There are a lot of factors into play here but foreign buyers are not one. Do foreign buyers purchase in Ontario? Of course they do, however most are buying condos off floorplans during the beginning phases of development. This is not a bad thing either. They ...Read More

By: Beth O'Donoghue

Toronto's Problem with Inventory

Tags: Toronto Real Estate

Still waiting for the market to crash? Hope you are not holding your breath. The market this January is unlike anything I have ever experienced. We are seeing bachelor units going into multiple offers! Bachelors! Absolute insanity. We had a listing at 39 Brant St- 404 sqft. Priced at $319,900 which was already insane, close to $800 a sqft. They slapped an offer date for a week after list and let ...Read More

By: Beth O'Donoghue

The City Of Toronto Budget And Why I Support Tolls

Tags: Toronto Real Estate

I know this is not going to be a fan popular post however stick with me on this one before getting angry. Before I talk tolls, I think it is useful to talk about the budget and break down where the money is being spent. The first week of January I posted a lot of budget talk on Facebook including a very good article from the Toronto Star outlining how the government plans on spending our precious...Read More

By: Beth O'Donoghue

2017 Predictions

Tags: Market predictions

Hello you amazing people you. Well, we made it! 2016 has come and gone. What a whirlwind year it was. My business is starting to soar and I could not be more excited for another year. I have learned so much and had the pleasure of working with so many people last year I cannot even imagine what this year will bring. However, I have a few ideas of what is probably going to happen in the market, esp...Read More

By: Beth O'Donoghue

Tax Break They Say...

Tags: Toronto Real Estate

The government announced today that they will be helping first time home buyers by giving them a break on land transfer tax. Currently, first time home buyers get a rebate of $2000 from the provincial land transfer tax. Now, buyers will receive up to $4000. Sounds great, right!? Let me dive in a bit deeper. New home buyers will receive this new credit on homes priced up to $368,000. Which could ...Read More

By: Beth O'Donoghue

Will we see the death of double ending?

Tags: RECO, Real Estate

Ialready received lots of texts and calls from people regarding the special on CBC last night, so obviously, I have to voice my opinion on the matter. If you are unaware, CBC aired a special last night on their show Marketplace which featured a reporter going undercover to open houses to see if agents would offer any unfair advantage to a buyer, without an agent, that wanted to place a bid on the...Read More

By: Beth O'Donoghue

Up and Coming!!!

Tags: Toronto Real Estate

I know, how is it possible that Toronto still has areas that are up and coming when all you hear is how crazy pricing is. Well, believe me when I tell you that there are areas in Toronto that you can still purchase a house (ya, I said it) for $500,000. It is not going to be much of a house but none the less! Let’s get straight into it. The Junction I think this area is totally under rated...Read More