Toronto Short-Term Rental By-Law Changes Postponed

The following is a statement released by the City of Toronto regarding the postponement of the recent short term rental by-law changes:   On December 7, 2017, and January 31, 2018, Council approved the regulation of short-term rentals in Toronto. The new rules, which require short-term rental companies to obtain a licence and short-term rental…
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2017 Lake Simcoe Waterfront Market Review

2017 Lake Simcoe Waterfront Market Review In 2017, the Lake Simcoe waterfront real estate market experienced a 14.2% overall increase in the average price within the areas that we have been reporting which, include: Georgina Innisfil Oro-Medonte Orillia Ramara Beaverton   The total number of sales dropped by 43% in 2017.  There were 159 sales…
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2017 Chestnut Park Recognition Awards

Will The Future Of Airbnb Impact The Toronto Real Estate Market?

by Claxton Finn & Roxanne Henderson / Chestnut Park Real Estate Limited, Brokerage. Airbnb has revolutionized the way people think about travelling by creating a trusted community marketplace for people to “list, discover, and book unique accommodations around the world” – Airbnb. From condos to cottages, and castles to treehouses, the company can connect you…
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Holiday Gift Guide For The Entire Family

With Christmas right around the corner we decided to put together a gift guide for all of our wonderful followers. In this three part series we will detail our favourite gift for each member of your family. Check in everyday this week if you are looking for that special gift, for that special someone. Kids…
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Is It Better To Buy Or Rent A Vacation Home?

When you’re considering bringing a slice of the vacation life into your life permanently with the purchase of a vacation property, you need to make sure it makes financial sense. It’s a tough decision and that’s why so many people debate about whether it is better to buy or rent a vacation home. After the…
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Tax Implications Of Owning Property Abroad

Did you know that if you own property abroad that cost in excess of $100,000 you must declare it on your tax return? This is just one of the tax implications of owning property abroad. According to the experts at Turbo Tax, you must fill out tax Form T1135 each year if you answer “yes”…
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Colour Trends for 2018

While the 2018 Pantone colour of the year has yet to be selected, most major paint companies have selected lists of colour palettes that will be popular in the year to come. According to Pantone, the 2018 colour forecast includes metallic moving into neutrals and a move away from pastels and into more intense colours….
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Wreaths & Front Door Design Trends

With the first snowfall behind us, now is the time to start thinking about decorating our front door for both the winter and holiday season ahead. It’s best to choose décor that will last through the season. Adding extra items to make your wreath more festive is a great way to do this, as it…
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2017 Market Analysis – Lake Simcoe Waterfront

 Georgina & East/North Shore $1M + List Price since January 1, 2017             Waterfront values in the Georgina area are approx. 43.7% higher than the eastern/north shore based on the year-to-date data published by the Toronto Real Estate Board since January 1, 2017.  This is a higher than average price…
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