Visit Toronto Now

Toronto is Canada’s most celebrated city. With fantastic cultural attractions and plenty of interesting history and architecture, Toronto is a wonderful place to call home. If you are interested in buying a home in Toronto, this article will help ease the transition and inform your decision.

From 18th century British roots as a muddy colonial town, Toronto has burgeoned into North America’s fifth-largest city and a hot spot for films and festivals. Nearly 100 languages are spoken in its multicultural mosaic of neighborhoods. You can visit the espresso bars of Little Italy’s College Street, have mezes (Greek tapas) on Danforth Avenue or sniff the global trade winds of Kensington Market, which offers fare as varied as European cheeses and Caribbean seafood.

Like a counterweight to Francophone Montreal, Toronto is Canada’s de facto Anglophonic capital. Here you can take high tea at the Windsor Arms or sleep at the “King Eddy” hotel, where royalty once laid their heads. Walk down cobblestone streets lighted by gas lamps in the neighborhood of Old York and stop for gourmet noshes at the St. Lawrence Market. Ride a quaint streetcar east to the Distillery Historic District, where artisans, art galleries and coffeehouses jostle for space.

After dark, you can head back downtown to the city’s Entertainment District for evolving nightlife or to the Theatre Block, which boasts the world’s third-largest number of onstage productions, after New York and London. Elsewhere around the city, the music scene is vibrant. Sip a beer and listen to some tunes at the legendary Horseshoe Tavern, where Sting once played in his underwear, or the vintage blues-and-jazz dive at the Rex Hotel, both on Queen Street.

Try to time your visit to catch one of Toronto’s major festivals: indie music at North by Northeast and Pride Week celebrations in June, the Caribbean carnival of Caribana in mid-July or the Toronto International Film Festival in September. This year’s film fest, in “Hollywood North,” starts Thursday and runs through the 17th. But don’t forget to escape the city while you’re here. The awesome natural spectacle of Niagara Falls is just a two-hour drive that passes tempting detours onto the back roads of the Niagara Peninsula’s wine country, where you can taste sweet ice wine made from frozen grapes.

Le Royal Meridien King Edward is a historic showpiece, with doubles from $165; (800) 543-4300, www.lemeridien-kingedward.com. A fresh boutique hotel, SoHo Metropolitan boasts the epicurean Senses bakery and restaurant downstairs. Rooms from $300; (866) 764-6638, www.metropolitan.com/soho. Toronto’s residential blocks burst with B&Bs. Doubles start at $50; www.bbcanada.com. Hipsters and artistic types crash at the Drake Hotel in Queen West Village. Doubles from $132; (416) 531-5042, www.thedrakehotel.ca.

So there you have it. A nice city in which to buy a home. Slightly north of the States.

About the Author:

Michael Russell writes about a variety of subjects. This article discusses buying a home in Toronto. For more information about Toronto real estate, visit the Real Estate Book.

Article Source: ArticlesBase.com – Toronto Real Estate | The New Canadian Capital

Keiji Haino Live Excerpt I, Drake Hotel, Toronto, 2005

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About the Author:

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Article Source: ArticlesBase.com – Travel With Ease as Markham Snow Removal Safely Removes Snow and Ice

Night Drive in Uptown Toronto and Markham

The Toronto real estate market is on of the most popular in all of North America. Whether investing in a new downtown condo, commercial real estate or a family home, the Toronto real estate market has opportunities at all levels. If you decide to purchase real estate in Toronto rest assured that you will be living in a city with great amenities, services, facilities and entertainment.

Toronto’s real estate market and availability is ultimately based on demographics: there has been an influx of over a million new people to the Greater Toronto Area over the last decade and there is still a massive shortfall of housing to meet the demand of these new residents.

Furthermore, the sub prime market crisis in the United States has many home buyers wondering what the affect will be on housing markets in Canada, opening the door to uncertainty and speculation on the Canadian market. The good news for Canadians is that the housing market has been setting records for volume and units sold for five consecutive years now despite the problems coming to light in the US.

“The statistics show just how dynamic the Canadian housing market was in 2007 in virtually all parts of the country,” said Ann Bosley, president of CREA. Historical analysis of the Toronto market in particular shows that real estate for the city, despite occasional dips, continues to do well. Take the Toronto real estate luxury market as an example with house sales in the million dollars plus range across the Greater Toronto Area (GTA) increasing by more than 20% in 2007 over the 2006 figures.

A thriving Canadian economy has many suburban dwellers leaving the burbs behind to move back into the cities. If you fall into this category, when searching for Toronto homes or condos for sale, you will need to collect information about the different areas of the downtown core to determine if you are looking in a “buyer’s market” or a “seller’s market”. Intense market competition ensures that pricing cannot be raised artificially, so the people buying homes and condos are mostly families or the downtown workforce, not speculative investors.

Not only is the Toronto housing market doing well, but newly constructed toronto condos are also in very high demand. With each passing year, Toronto condos are becoming a bigger part of total Toronto real estate market. Exciting new homes and condos are being constructed in areas like Eglinton / Yonge and King St. / Bathurst that offer residents access to the excitement of downtown Toronto while still being in a calm, clean and safe area. The most popular areas to invest are projects along the subway, close to downtown and at key intersections along the Yonge – Bloor corridors.

The Toronto condo market is an excellent alternative to home ownership particularly if you are a first time property buyer or looking to downsize your current investment. The ever increasing cost of a home in todays Toronto real estate market is making it very hard for a large percentage of the population to become home owners. Condos also represent sound Toronto real estate rental investments allowing would be owners to increase the value of their equity. Most home buyers want to get good value for their money while at the same time getting a property that is in an area geographically that they are comfortable with.

If and when you do decide to invest in the Toronto real estate market make sure to secure the services of a professional real estate lawyer. In any real estate transaction a real estate lawyer will handle; the deed, the bill of sale, mortgage arrangements, promissory note, title commitment and the closing statements on your behalf. Getting a good interest rate on your mortgage is also crucial to being able to afford your investment and avoiding foreclosure.

There are many stories in the news recently about small towns in the United States that are full of new homeowners that are not able to afford the mortgages for their new homes and are losing money in their investment due to the sub prime crisis. While this situation may be an unhappy one for the people involved, buying in an urban market such as Toronto can help to mitigate problems by offering increased investment flexibility. Whether you would like to purchase a new family home, commercial real estate for your business or a luxury condo, Toronto can provide you with numerous options to choose from.

About the Author:

To view Toronto real estate listings or find out more about the Toronto housing market please visit the author’s website.

Article Source: ArticlesBase.com – Investing in Toronto Real Estate

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