2 Brand New condos for rent in Toronto at Beyond the Sea's final phase Star Tower.
This Seascape Model is 937 sq ft and includes 2 bedrooms, 2 full bathrooms, wraparound terrace, 1 parking and 1 locker. The suites are finished with beautiful hardwood floors, stainless steel appliances, granite counters, etc.
Could the 16% drop in Toronto's housing sales be attributed to Toronto's Land Transfer Tax? Could this continue to have a negative impact on the Toronto Real Estate market in the future?
TREB’s chief government and public affairs officer Von Palmer argues that as the housing market slows – due in part to the tax -- the city is losing millions in economic spinoffs.
Ben Myers, Real Estate analyst with Urbanation says the Toronto Condo Market prices are cooling, while the Rental Market remains hot! He states that even if there were 50% less rental inventory available we would still be in a balanced market. This shows the demand for rental units which he partially attributes to the changing mortgage rules that have prevented some buyers from being able to afford to get into the market with a purchase.
