O'Neill Real Estate, The Beach, Toronto
Buying and selling homes and condos in The Beach and downtown Toronto
The criteria for choosing commercial real estate has become more holistic and office real estate agents are increasingly adopting residential marketing methods in response, says Vancouver marketing firm Braun/Allison Inc. With initiatives such as employee retention and corporate social responsibility coming to the forefront, companies are just as interested in a building’s amenities as they… Read More
Columnist Rob Carrick cautioned homebuyers looking to get rich quick through their house in an editorial in The Globe and Mail today. While the housing market has been booming in the past decade, most analysts believe housing prices in Canada will only modestly increase (or decrease) in the near future due to various economic factors…. Read More
Most Canadians planning to buy a new home in the next two years favour location and price over resale value, so says an online survey by Leger Marketing and BMO Bank of Montreal. Two-thirds of Canadians surveyed also indicated that a “good feeling” toward a property as a reason to buy. Cynics may snicker at… Read More
Rising home values can be a double-edged sword. While it’s a boon for the homeseller, it means the taxes a homeowner pays on the property may also skyrocket. According to the Municipal Property Assessment Corporation (MPAC), property values in the City of Toronto overall rose 15% between 2008 and 2010. The Saturday Star interviewed a… Read More
The monetary total of Canadian new building permits issued in February 2011 outstripped economists’ forecasts, however it is all due to a spike in activity in the non-residential sector, according to Statistics Canada’s monthly Building Permits Survey. Specifically in Toronto, the value of building permits was $943.4 million. This was an increase of 5.6% from… Read More
Spring has sprung in Toronto’s 2011 real estate market, with more homes for sale – and selling quicker – compared with the past two months. March is typically a strong month as better weather and March Break brings more homebuyers and homesellers into the market, and this year was no exception. All neighbourhoods in east… Read More
The Front Street portion of the Metro Toronto Convention Centre is being put up for sale. The sale will include the Hotel Intercontinental, conference facility, office tower and parking garage in a total of 1.95 million square feet. Its owner, the crown corporation Canada Lands Company Ltd., expects to sell the commercial property within a… Read More
You can often get a bargain on last season’s fashions, and the same applies to condominiums. Developers call them “inventory suites;” basically they are the units in a new condo development that are still for sale by the time the property is built and ready to move into. At this point, the developer is often… Read More
Episode 383 of the Toronto Real Estate Musing video blog. George O’Neill in Le Plateau-Mont-Royal, Montreal on the rooftop patio of 400 Sherbrooke Street East, a low-rise building he owns and manages. Here’s what the view looks like. On a clear day, you can see downtown Montreal, Saint-Jacques Church and Pavilion Judith-Jasmin on UQAM campus,… Play Video
The Financial Post has a thoughtful editorial on the true value of a home. Writer William Hanley muses on his old house in Riverdale, sold a quarter century ago, now worth many more times that. He seems intrigued that his friends continue to “keep score” and update him on the house’s value. Real estate is,… Read More
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