2026

Toronto Homeowners Choose Renovation Over Moving | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Many Toronto homeowners are facing a classic real estate crossroads: renovate or relocate? With sales momentum slowing and prices remaining soft, I’m seeing more clients weighing the benefits of staying put and investing in their current home—especially if they’re attached to their neighbourhood or want to preserve a favourable mortgage rate. The costs for...

Toronto Buyers Are Combining Condo Units | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

In Toronto’s evolving presale condo market, we’re seeing a shift: projects that prioritize end-user needs are attracting thoughtful buyers—even as overall conditions remain challenging. For example, a boutique development near Yorkville and the Annex has achieved approximately 40% sales, with many purchasers opting to combine smaller suites into larger,...

Toronto Condo Closings Reveal Deeper Debt | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

The recent wave of Toronto condo closings is revealing just how complex the financial side of pre-construction can be—especially when appraisal gaps emerge and buyers are left searching for additional funds if lender valuations don’t match the original purchase price. Through my years as a CPA and real estate broker, I’ve seen how these situations can catch...

‘Bumpy and even’: RBC Economics releases latest housing market outlook

RBC Economics has just released its latest outlook, highlighting a housing market that’s anything but one-size-fits-all. We’re seeing regional shifts: home resale numbers and prices continue to ease in Ontario, Vancouver, and Montreal, while Toronto’s recovery has hit a pause. Vancouver is navigating high inventory, Calgary is holding steady, and across the board, the path forward will be bumpy and...

Toronto Housing Market: New Opportunities Amid Recent Shifts

Toronto’s real estate landscape has shifted dramatically: inflation-adjusted home prices in Toronto and Vancouver have dropped about 10%—the sharpest decline among 23 global cities. Even though prices are now below their previous peaks, the cost of owning a home remains high, and national prices have hit their lowest since 2023, all while housing supply stays limited. As someone who combines a...

Office-to-Residential Conversions Continue to Shape Canadian Cities

We’re seeing a major shift across Canada as over 10 million sq ft of office space transforms into approximately 17,000 new residential units—fueling urban revitalization in our cities. Each city is taking its own approach: prime office spaces remain in high demand, while older office buildings are being reimagined for much-needed housing. As someone who combines a CPA’s financial lens with deep...

Toronto Listings Fall Faster Than Sales | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Recent GTA numbers tell a revealing story: in late Q3, we saw 5,040 home sales—a year-over-year dip of about 9%—but new listings fell even more sharply, down 14% to 16,500. This shift tightened the sales-to-new-listings ratio slightly to around 31%, but it’s important to note this came from fewer properties hitting the market, not a surge in demand. Average...

23 Wharnsby Toronto (Rouge), Ontario M1X1Y9

A little more light, a little more flexibility, and a place to make your own in Scarborough's Morningside Heights. This inviting 2-bedroom plus den, 1-bath basement apartment at 23 Wharnsby Drive brings together a private separate entrance, natural light, practical features, and a well-connected Toronto location. Above-grade and egress windows help brighten the lower level, while easy-care vinyl...

Toronto Falls Into Moderate Bubble Risk | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Toronto has officially landed in the 'moderate bubble risk' category, according to a leading global wealth manager. Over the past year, Toronto home prices have dropped by approximately 11%—the steepest annual decline among 23 major cities surveyed. From 2014 to 2022, our city led the pack, with real prices doubling amid strong immigration, investor...

Psychedelics

Toronto has a thought-provoking new cultural experience to add to the calendar. Opening June 6, 2026, Psychedelics at the Royal Ontario Museum examines the cultural, historical and scientific significance of psychedelics through artworks, objects, botanical specimens and interactive experiences. Rather than focusing on headlines, the exhibition takes a research-driven approach. Visitors can explore how...

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