Elli Davis Sales Representative 1-800-622-9536 416-921-1112 55 St. Clair Ave. W. Toronto
Royal LePage Real Estate Services Ltd. Brokerage
YOU CAN SEARCH FOR REAL ESTATE IN CENTRAL TORONTO BY COMMUNITY!
IS A TORONTO HOME A GOOD INVESTMENT?
View listings throughout central Toronto by selecting an area from the map below.
For those wanting a steady return on their money, real estate in Toronto can be a sure bet. When the baby boomers started madly... buying houses in the 1980s, suddenly real estate seemed like the path to instant wealth. The real estate markets fluctuate constantly. There have been times when house prices have gone down. However if you look at the overall price of homes in your area over the last 10 years, in most cases, (depending on your region) prices have risen.
Where is the housing market headed? Nobody can accurately predict. But even if house prices don't rise phenomenally, a home has two strong things going for it as an investment. First, any capital gains on your principal residence are tax-free. If your house appreciates by 6 per cent, you get to keep every cent of your gains.
Now 6 per cent may not sound like much, but in terms of how much you end up with, you'd have to earn as much as 12 per cent on a...
Recently, Elli sponsored a catwalk show. Why? Well, she thinks that where you live is as important as where you live. Read this and other mentions of Elli in the news!
NEW TORONTO CONDO GUIDES
Recently, we've added three virtual walking tours to our Toronto Condos Guide. You can read our impressions of the most interesting Bay Street, Waterfront and Yorkville condos.