Mississauga’s Garden Suite Initiative, part of the city's Housing Action Plan, provides free, pre-approved design plans for small, detached residential units. This initiative aims to increase affordable housing, streamline building approvals, and support “gentle density” in established neighbourhoods. The post Mississauga’s Garden Suite Initiative appeared first on Square One Condos Mississauga Condos Realtor Team Amit Kalia ..read more

For affordable retirement within a two-hour drive of Ontario's international airports and with good healthcare, consider Kitchener-Waterloo-Cambridge, Guelph, Peterborough, Hamilton, and Barrie. Each offers a blend of cultural amenities, recreational activities, and excellent healthcare. The post Homebuying for retirees appeared first on Square One Condos Mississauga Condos Realtor Team Amit Kalia ..read more

Home sales in the Greater Toronto Area increased by 3.3% in July 2024 compared to last year, with 5,391 homes sold. Despite a slight price drop, the market remains strong, supported by an 18.5% rise in new listings and potential benefits from recent Bank of Canada rate cuts. The post GTA Real Estate Market August 2024 appeared first on Square One Condos Mississauga Condos Realtor Team Amit Kalia ..read more

GTA Real Estate Market June 2024 GTA Real Estate Market June 2024 Summary June 2024 GTA Home Sales Decline Despite Rate Cut As per the TRREB June 2024 Market Watch, the Greater Toronto Area (GTA) experienced a decline in home sales compared to the previous year, despite efforts to stimulate the market with a recent rate cut by the Bank of Canada. Market Dynamics and Buyer Sentiment Many prospective home buyers chose to postpone their home purchases despite the rate cut, contributing to a well-supplied market environment and a slight dip in average selling prices. This makes the current market ..read more

3 BR Townhome For Sale Mississauga East Credit Neighbourhood 3 Bedroom Townhouse For Sale in East Credit, Mississauga Type: 3 Storey, 3 BR Condo Townhouse Address: 5030 Heatherleigh Ave, Unit 56, Mississauga, ON – L5V 2G7 Intersection: Mavis & Eglinton Neighbourhood: East Credit List Price: $880,000 Annual Taxes: $3,777 (2024) Monthly Condo Fee: $290.71 MLS Listing: Coming Soon A Charming Townhouse For Your Family Discover true pride of ownership in this stunning 3-Bedroom townhouse nestled in the East Credit neighbourhood of Mississauga. Boasting turnkey perfection, this home features lo ..read more

GTA Real Estate Market May 2024 GTA Real Estate Market May 2024 Summary May Home Sales Remain Low Compared to Last Spring As per the TRREB May 2024 Market Watch, in May 2024, home sales continued at low levels, especially when compared to last spring’s brief surge in market activity. Home buyers were waiting for relief on the mortgage rate front, which remains a significant factor influencing market dynamics. Increase in New Listings Despite the overall slowdown in sales, existing home sellers are preparing for a potential increase in demand. This is evident from a year-over-year increase in ..read more

Is it a Good Time to Buy a House for the First Time? Are you looking to Buy a House for the First Time? Let’s face it: The current Canadian real estate market is full of uncertainties. Are home prices increasing, decreasing, or staying the same? What is the current GTA real estate market telling us? Where will mortgage rates stand by the end of the year? Will the economy improve as 2024 progresses? These are just some of the many variables that home buyers and home sellers need to consider as they navigate the complex housing market. Research indicates that Canadian households recognize homeo ..read more

Home Inspections are back in Demand Are Home Inspections Making a Comeback? During the pandemic-era frenzy in many Canadian real estate markets, bidding wars became the norm. This continued well into the recent seller’s market conditions. Buyers were not only offering above the asking price but also waiving home inspections in their desperation to secure a property quickly. Now, with Canada’s housing market stabilizing, home inspections are once again becoming a standard part of the home-buying process, providing reassurance to buyers making one of the most significant investments of their li ..read more

GTA Real Estate Market April 2024 GTA Real Estate Market April 2024 Summary April 2024 Home Sales Decline Compared to April 2023 As per the TRREB April 2024 Market Watch, home sales experienced a downturn when compared to April 2023, a period that saw a brief resurgence in market activity. Despite the decline in sales, new listings saw a significant year-over-year increase, offering home buyers more choices and keeping the average selling price relatively stable. However, as you can see in the second chart below, there has been a steady increase in average home prices since the start of 2024 ..read more

GTA Condo Market Q1 2024 Report Condo Market Trends in the Greater Toronto Area In the first quarter of 2024, condominium apartment sales in the Greater Toronto Area (GTA) experienced a moderate increase compared to the same period in 2023. However, this uptick was overshadowed by a larger annual growth rate in condo apartment listings. With a rise in available options, home buyers found themselves with more choices, leading to a slight decrease in the average selling price. During Q1 2024, total condominium apartment sales reached 4,747, marking a 5.3% increase year-over-year. Concurrently ..read more