Homezzz

Name: Homezzz
Address: 170 Merton Street, ON, M4S 1A1, Toronto, ON, M2K1B6, CA
Telephone: +14168238234
Price range: $

Homezzz will get you Home!

04/24/2023

ALIAS CONDOMINIUMS.

04/21/2023

Are you thinking of selling your property?
Here are the top 5 tips👇

1- Pricing it right💲
Find out what your home is worth, then shave 15 to 20 percent off the price. You’ll be stampeded by buyers with multiple bids — even in the worst markets — and they’ll bid up the price over what it’s worth. It takes real courage and most sellers just don’t want to risk it, but it’s the single best strategy to sell a home in today’s market.

2- Light it up 💡
Maximize the light in your home. After location, good light is the one thing that every buyer cites that they want in a home. Take down the drapes, clean the windows, change the lampshades, increase the wattage of your light bulbs and cut the bushes outside to let in sunshine.

3- Don’t over-upgrade ❌
Quick fixes before selling always pay off. Mammoth makeovers, not so much. You probably won’t get your money back if you do a huge improvement project before you put your house on the market. Instead, do updates that will pay off and get you top dollar. Get a new fresh coat of paint on the walls. Clean the curtains or go buy some inexpensive new ones. Replace door handles, cabinet hardware, make sure closet doors are on track, fix leaky faucets and clean the grout.

4- Take the home out of your house 🏠
One of the most important things to do when selling your house is to de-personalize it. The more personal stuff in your house, the less potential buyers can imagine themselves living there. Get rid of a third of your stuff – put it in storage. This includes family photos, memorabilia collections and personal keepsakes. Consider hiring a home stager to maximize the full potential of your home.

5- The first impression is the only impression 🌼
No matter how good the interior of your home looks, buyers have already judged your home before they walk through the door. You never have a second chance to make a first impression. It’s important to make people feel warm, welcome and safe as they approach the house.

04/20/2023

Although construction increased during the pandemic, Canada’s housing supply shortage worsened in 2022, with inventories of unsold new homes falling to historic lows across the country.

In Canada’s six largest cities, the number of unabsorbed new units, which includes freehold houses and condominium units, declined by as much as 69% between the five years before the pandemic and 2022.

According to the Canada Mortgage and Housing Corporation (CMHC)’s latest Housing Supply Report, rising interest rates increasingly affected the actions of both homebuyers and developers in 2022, leading to a varied degree of growth in residential construction.

In Toronto, housing starts rose 7.7% annually to 45,109, their highest level since 2012. The jump was primarily due to elevated condo apartment construction, a result of two years of strong presales. Meanwhile, inventory of completed and unsold homes ended the year at 530 units, the second-lowest level on record.

With inventory at a historic low in the new home market, demand will transfer to the resale and rental markets, CMHC warned. The shift puts upward pressure on prices, further eroding affordability in Canada’s largest markets.

According to CMHC, Canada needs to increase the regular rate of housing construction by 3.5M units by 2030 in order to address growing affordability challenges.

04/14/2023

According to the latest Crane Index from Rider Levett Bucknall (RLB), there were 238 cranes across Toronto in Q1 2023. The vast majority were dedicated to the residential construction industry, at 139, followed by commercial construction, at 35. Thirty-three were for mixed-use projects, while 10 were allotted to hospitality projects.

The significant number of cranes devoted to residential construction comes as the city works towards the Government of Ontario’s target of building 285K new homes in Toronto by 2031.

Toronto’s staggering number of cranes is not only the highest out of the 14 cities included on the index, but outpaces second-place Seattle’s 51 cranes by 187, and third-place Los Angeles’ 47 cranes by 191. Calgary, the only other Canadian city on the index, had 20 cranes in the first quarter of the year.

04/01/2023

I’ll be away from April 1st to April 25th

03/29/2023

On Monday March 27th the Government of Canada announced a series of amendments to the foreign buyer ban — officially called the Prohibition on the Purchase of Residential Property by Non-Canadians Act — to expand the exceptions to the regulations, some of which have become an unintended thorn in the sides of developers across the country.

The four amendments to the foreign buyer ban are effective immediately, as of March 27, 2023, and are as follows.

1- The Foreign Control Threshold is Now 10%

While the foreign buyer ban was originally created with individual Canadians and the resale market in mind, a less-discussed aspect of the ban was its effect on the development industry, particularly with the legislation deeming an entity as foreign if non-Canadians owned 3% or more of it.

2- Purchasing for the Purpose of Development

Perhaps even more of a relief is the new exception that allows non-Canadians to purchase residential property, if the purpose is development. Previously, this exception was only applicable to publicly-traded corporations.

3- The Ban No Longer Applies to Vacant Land

Under the previous regulations, vacant land zoned for residential use or mixed-use with residential could not be purchased by non-Canadians.

The Government of Canada is now repealing that restriction — Section 3(2) — and with the change, non-Canadians can now purchase vacant land zoned for residential use and use it for any purpose.

4- The Ban No Longer Applies to Work Permit Holders

A common criticism of the foreign buyer ban has been that it seemingly contradicts the federal government’s lofty immigration goals, or even gives the appearance of xenophobia, by limiting the ability of those who may be looking to settle down in Canada from buying homes.

Now, those who hold a work permit or are authorized to work in Canada are allowed to purchase residential property, so long as they have 183 days of validity, or more, remaining on their permit, and have not purchased more than one residential property.

03/22/2023

ALIAS Condominiums

03/20/2023

نوروز پيروز

Address

170 Merton Street, ON, M4S 1A1
Toronto, ON
M2K1B6

Telephone

+14168238234

Website

http://www.Homezzz.ca/

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