The Toronto Real Estate Market

The Internet has become an extremely valuable resource for real estate. Almost 75% of Canadians claim they will use the Internet for their next real estate transaction. The value of the American dollar over the Canadian "loonie" has made American investors migrate to Canada and buy properties during the past few years.

If you've been watching the housing market recently, you've probably noticed that the reason for the huge growth in property values comes more from an influx of migration to the city, plus the low interest rates, versus foreign investment.

Toronto properties are some of the most popular in all of North America. Whether you decide to invest in a new condo, commercial property or buy a house for the whole family, Toronto has it all. If you decide to buy a property in Toronto you are guaranteed to live in a city with great services, facilities and entertainment.

The housing market in Toronto is largely based on demographics, as there has been an influx of over one million people to the Greater Toronto Area during the last decade, and there is still a huge need of housing for these new residents. Furthermore, the real estate market crisis in the US has many homebuyers wondering if this will affect the housing markets in Canada, which opened the door for speculation on the Canadian market. The good news is that the housing market has been setting records for five consecutive years now despite the economical crisis in the US.

The luxury Toronto real estate market is the perfect example of the strong Canadian market with million dollar plus home sales across the Greater Toronto Area increasing over the 2006 figures. A thriving Canadian economy has many suburbians moving back into the cities. The fierce competition ensures that pricing cannot be raised artificially, so the people buying homes and condos are mostly families and the downtown workforce.

Not only is the existing housing market doing great, but newly built condos are also in very high demand and each year, condos are becoming a more significant part of the real estate market. The Toronto condo market is a great alternative to home ownership if you are a first time buyer or looking to reduce your current investment. The high cost of a home in Toronto makes it very difficult for a large percent of the population to become homeowners, making condos a great alternative.

If you do decide to invest in the Toronto real estate market just make sure to work with a professional real estate lawyer. Also, getting a good interest rate on your mortgage is essential to being able to afford your investment and avoiding foreclosure.

Patrick Kennedy is a Toronto Real Estate specialist. Visit http://www.realestate.mycitytoronto.com for listings of beautiful Toronto properties and Toronto's top real estate agents. You will be able to map out homes for sale in your desired neighborhood as well as take a virtual tour of properties. MyCityToronto is Toronto's premier source of real estate information.

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Toronto Real Estate is Still Viable

Toronto real estate has definitely recorded a lot of investment action in recent times. These are investments not just from locals but from foreigners as well. There are many reasons that have been attributed to this trend and this article seeks to explore some of them. For locals, the buying of Toronto properties has been driven by good prices and rates. Toronto is one of the few countries in the world that has maintained a steady growth in the industry. Some markets around the world have collapsed but the picture is different in this city.

The Toronto real estate market is still viable. Canadians are not just acquiring homes but they are investing in commercial and investment property as well. This is one of the reasons why many foreigners have opted to come to Toronto. There is evidence that indicates that the returns on real estate in Toronto are good for all. The potential and the rate at which the industry is growing can be cited as one of the main reasons why many people choose to be part of this revolution. Another good reason why people are buying is because of the political atmosphere. The government has been very supportive and has encouraged the growth of the industry.

For any business to be profitable, the political atmosphere must enable investors both local and foreign to access the right incentives. In Canada, the government has continually demonstrated their desire that all people might invest and enjoy good profits no matter where they are from. The good policies encouraging investment in Toronto real estate continue to draw people from far and wide. Additionally, the people do not want to be left behind since Toronto is emerging as a giant not just in the property market but in other aspects as well. For example, it receives a great number of tourists every year making it one of the most visited cities world wide.

Another reason why people are buying Toronto real estate at such a rapid pace is the social tolerance in the country and specifically in the diverse International atmosphere of Toronto. Canada records very low cases of racial, religious and other discrimination. Iranians, who are mostly of the Islamic faith, have found Canada to be a good alternative to countries like the USA and the UK. Canadians welcome all people no matter their colour or religion. Consequently, there are many Iranians who have invested in Toronto market.

Another reason why people continue to buy Toronto real estate is the fact that Toronto is the hub of fine property. Their state-of-the-art approach to developing property has definitely attracted people who are looking for affordable luxury. One thing is for sure, the real estate industry is what it is because of local and foreign investors. The government's incentives program has also made investors eager to come in and purchase property. If you have been thinking about whether or not you should purchase property in Toronto then think no more. All systems indicate that you should. You will not be disappointed.

http://www.MyCityToronto.com is Toronto's premier online business directory featuring Toronto's best real estate brokers, agents and listings. If you are looking for prime Toronto real estate, be sure to visit MyCityToronto and take advantage of the innumerable benefits of working with the best real estate agents in all of Toronto.

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Short Term Rental Furnished Apartments in Toronto - Choose the Best Location

Toronto has a wealth of various types of exquisite accommodations. If you are coming to Toronto for an extended stay or searching for permanent housing, you have to consider how much you can spend on accommodations. Staying at a hotel can result in a very expensive accommodation bill. For many people, staying in a short term rental furnished apartment is a popular choice. These apartments provide guests with all of the luxuries of a hotel except they provide a home-away-from-home environment. The prices are much more affordable than a hotel and they are available for weekly or monthly stays. There are many short term rental apartments across Toronto catering to a variety of customer's needs. The key to obtaining the right apartment is to make sure it meets all of your needs.

When you choose the best short term apartment that meets your requirements, you should first consider where the apartment is located. One feature you should consider is access to roads and highways. You will have to decide if you require accommodations that are near an accessible road that leads to the airport. As well, there are many major roads and freeways leading into Toronto. You can reach the city by such highways and roads as: 2A, 27, 400, 401, 404, 409, 427, Allen Road, Black Creek Drive, Don Valley Parkway, and Gardiner Expressway. All of these roads are connected to almost any region in and around Toronto.

Another feature to consider when choosing short term rental furnished apartment in Toronto is the location of the apartment. Toronto is a diverse city with a variety of wonderful regions. Downtown Toronto is the heart of the city. There are a variety of attractions within walking distance such as heritage buildings, theaters, music, restaurants, pubs, nightclubs, sporting facilities, boutiques, hotels, attractions, and live theater. If you are looking for a fast paced and thriving environment, downtown Toronto may be the place to rent a short term rental furnished apartment.

If you are coming to Toronto for business, you may want to consider a short term apartment rental near the Financial District. The Financial District is a business district located in the downtown area. There are many banks, corporate headquarters, law firms, accounting firms, insurance companies, marketing companies, and stockbrokers. It has everything a business person will need.

For those who enjoy living away from the hustle and bustle of the city, there are quieter residential communities located about 15 minutes from Toronto. One will find a country type living environment that is not too close to downtown Toronto.

Short term furnished apartments rentals are available to rent in every area of Toronto. They provide luxury with the comforts of home. They contain lavish bedrooms, completely functional kitchens, spacious and decorated rooms, quality security features, and laundry services.

As an alternative to staying in a hotel, more people are choosing to rent short term furnished apartments. To find the location of the short term apartment you are renting, ask the owner or booking company for the address and then do a google map search. Toronto is a wonderful place to visit and live. Make the most out of your stay by choosing a quality Short Term Rental Furnished Apartment.

Not only are the nightly rates less with Toronto corporate housing than the cost of a hotel, you don't have the added expenses of dining out, local calls, high long distance surcharges, faxes, laundry services and pay movies. Find tastefully decorated, thoughtfully furnished apartments Toronto.

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