Why 2016 is the Year to Leave Toronto

The fact that you’re reading this means you’ve had more than one inkling to leave Toronto recently. Maybe you’re tired of condo life and want a house with a yard, in neighbourhoods like The Orchard or Millcroft or Headon Forest.

No matter your reasons, trust them. It’s time to leave Toronto. So let’s examine the reasons you should have one more awesome New Year’s Eve party in the city, then leave in 2016.

Right Now is Surprisingly Perfect

Starting right now could save you thousands of dollars, and months of home-shopping. As we explored in a previous blog, it’s a blissfully common misconception that the spring is the best time to buy or sell a home. A lot of the time, you can turn the December-Jan inactivity to your advantage.

That’s because you can:

1. Sell anytime: Toronto’s condo sales aren’t really linked to any seasonal trends.

2. Buy more, for less: Sellers are motivated this time of year. They’ve either facing a lifestyle change, or a property that’s been on the market for a while.

3. Buy quickly: A motivated seller means less haggling, and a faster turnaround time for you.

So take a look at the houses for sale in Burlington right now. If you see something you like, you could potentially buy and move by Family Day.

Toronto isn’t getting Cheaper. In fact…

Canada’s most lavish real estate market is poised to get even more expensive, particularly the condo market. Many experts see a price explosion on the horizon.

“My prediction, and I’ve been pretty accurate to date, is we are going to have a 30-to-40 per cent increase in values of the condo market in downtown Toronto over the next three to four years,” Barry Fenton, CEO of Lanterra Developments, told BNN in an interview.

Increased Down Payments

Finance Minister Bill Morneau recently announced Canadians are going to have to save more money for down payments. This isn’t much of a factor for homes priced for under $500,000. However, in Toronto that includes, well… Everything.

“Unlike other parts of the country, in the two most overpriced Canadian real estate cities, Toronto and Vancouver, homes priced over half a million aren’t just for the very rich”, wroteDon Pettis at CBC.ca.

“Even for houses listed for more than $1 million, sellers offer deals that seem to be aimed at first-time buyers.”

Find a New Home in Burlington

We can help you make 2016 the year you find happiness. Let us show you what each neighbourhood in Burlington has to offer.

Residents of this great city also enjoy access to highly ranked schools, one of the only developed waterfronts in the GTA and a perfect situation between beautiful Niagara and all the opportunities of Toronto.

And if you weren’t already convinced to consider making Burlington home, MoneySense Magazine recently named Burlington the #1 Midsize City in Canada, for the third time!

For a closer look at what Burlington has to offer, watch the video below. Then CONTACT US to start receiving Burlington Homes for sale today!

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Welcome 2016! An important part of ringing in the new year for Your Burlington Neighbourhoods Team is examining the year that passed and figuring out how much homes in The Orchard increased in value. In 2015 we found Orchard homes increased an average of 10%, with one category of home doubling that at 20%! Want … Continued

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