StoryLine By CondoNow
Ontario’s push to unlock housing supply has taken a major step forward with a significant new funding commitment aimed at reducing development costs across the province. In a joint announcement, Mark Carney and Doug Ford revealed an $8.8 billion infrastructure plan designed to help municipalities cut development charges in half for the …
April, 2026
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13 April
Ontario Temporarily Removes 13% HST on New Homes: What It Means for Buyers and the Housing Market
A Major Shift in Ontario’s Housing Strategy Ontario has now implemented full HST relief on eligible new homes, effectively removing the 13% tax burden that has long added significant cost to new construction purchases. By coordinating provincial and federal measures, the government has introduced one of the most impactful affordability …
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13 April
How to Compete in a Multiple Offer Situation When Buying a Condo
In competitive real estate markets like Toronto, multiple offer situations, often called bidding wars, are common, especially when a well-priced condo hits the market. For buyers, these situations can feel stressful and fast-paced, but with the right preparation and strategy, you can improve your chances of securing the property you want. Get Pre-Approved for …
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13 April
How Much Down Payment Do You Need for a Toronto Condo?
Buying a condo in Toronto is an exciting step toward homeownership, but one of the most common questions buyers ask is: how much down payment do you actually need? Understanding the minimum requirements and how they affect your mortgage can help you plan your purchase with confidence. Minimum Down Payment Requirements in Canada In Canada, the required down payment …
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13 April
What Questions to Ask Before Buying a Condo in Toronto
Buying a condo in Toronto can be an exciting step toward homeownership or real estate investment. However, condos come with unique considerations compared to buying a house. Before making an offer, it’s important to ask the right questions so you fully understand the property, the building, and the financial obligations involved. Here are some key questions every buyer …
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13 April
When Is the Best Time to Sell a Condo in Toronto?
Selling a condo in Toronto can be a major financial decision, and timing the sale can make a meaningful difference in both the selling price and how quickly the property sells. While the real estate market operates year-round, certain seasons and market conditions tend to produce better results for sellers. Understanding these trends can …
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13 April
How Renovations Impact Condo Resale Value
When preparing to sell a condo in Toronto, many owners consider renovations as a way to increase their property’s resale value. While not every upgrade guarantees a higher selling price, strategic improvements can make a condo more appealing to buyers and help it stand out in a competitive market. Understanding which renovations provide the best return on investment …
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13 April
Condo vs Detached Home in the GTA: What Buyers Should Know
Choosing between a condo and a detached home is one of the most common decisions facing buyers in the Greater Toronto Area (GTA). Each property type offers different advantages depending on lifestyle, budget, and long-term goals. Understanding the key differences can help buyers make a more informed choice in Toronto’s competitive real …
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13 April
How Staging Can Increase the Value of Your Toronto Condo
When selling a condo in Toronto’s competitive real estate market, presentation can make a significant difference. One of the most effective ways to attract buyers and potentially increase your selling price is home staging. Staging helps showcase the condo’s best features and allows buyers to visualize how the space can be used. In many cases, a well-staged condo can sell faster …
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13 April
Step-by-Step Guide to Buying a Resale Condo in Toronto
Buying a resale condo in Toronto can be an exciting opportunity, whether you’re a first-time buyer, investor, or looking to upgrade your lifestyle. Unlike pre-construction properties, resale condos are already built, allowing you to see the unit, understand the building, and move in sooner. However, the process still requires careful planning and due diligence. Here’s a step-by-step guide …