With the Toronto real estate market at a all time record high many home owners and investors are choosing to cash out. As reported last week a family from Toronto decided to use the red hot GTA real estate market to get more than 1 million dollars for a home they had purchased for just over $300,000 just 7 years ago.
With strong demand for housing in the Greater Toronto Area many families are choosing to do the exact same. Their end goal is to either move into a smaller house that will cost them less or even moving into a different City such as Ottawa where home prices are much lower.
If you are looking to make a real estate purchase in Canada's Capital give me a call to discuss your family's real estate needs.