New Elementary School in North Oakville

By: Case Feenstra Team

New Elementary School in North Oakville

Tags: Oakville Real Estate, Home Value, Halton, Housing

North Oakville is a hotspot for growth. Many new homes are being built in the areas north of Dundas Street and this will require more capacity for services – including schools. That’s why a new elementary school is being built at Sixth Line and Dundas.   The new school will be operated by the Halton District School Board and will have enough capacity for 776 students as well as 88...Read More

Should Government Reconsider the Mortgage Stress Test?

By: Case Feenstra Team

Should Government Reconsider the Mortgage Stress Test?

Tags: Real Estate, Interest Rate, Mortgage Affordability, Home Sales

New homes in the GTA are not selling as fast as builders would like. Sales for new homes have hit a 20-year low and the overall sales of all homes fell by 11% in 2018.   The drop in sales has led the home building industry to put pressure on the Canadian government to reconsider the stress test for home-buyers. The stress test currently decreases affordability by requiring a homebuyer to show...Read More

10,000 new housing units for Toronto

By: Case Feenstra Team

10,000 new housing units for Toronto

Tags: GTA Housing Market, Toronto Real Estate, Rental Units, Oakville

Housing supply continues to be a hot-button issue in Toronto and the GTA, despite a cooling housing market. To address high rental and listing prices, the city of Toronto recently announced a plan to develop eleven sites owned by the city.   The plan is welcomed by many as the land will not be sold to the highest bidder – helping to lower development prices and ensuring that high densit...Read More

Halton Region budget brings property tax increase

By: Case Feenstra Team

Halton Region budget brings property tax increase

Tags: Halton Budget, Oakville, Infrastructure, Local

Halton has a good reputation as a well-managed region. And the latest $421.3 million budget should reflect good budgeting and planning. The new 2019 budget adds $13.1 million for various programs and services, and is accompanied by a property tax increase of 1.9%.   Despite these additional taxes, Halton Regional Chair Gary Carr reassured that the increase comes in below the rate of inflation...Read More

What is Conservation Halton doing with your old Christmas Tree?

By: Case Feenstra Team

What is Conservation Halton doing with your old Christmas Tree?

Tags: Oakville, Conservation Halton, Bronte, Wildlife

In this day and age, out-of-sight usually means out-of-mind – especially for things we don’t want. But story is more exciting for your old Christmas tree!   Conservation Halton puts a high value on old Christmas trees for restoration efforts. Why is this? And how does it work?   First, Conservation Halton works with waste management authorities to divert Christmas trees that ...Read More

Pros and Cons of New Home Builds

By: Case Feenstra Team

Pros and Cons of New Home Builds

Tags: Home Buyer, Real Estate, New homes, Customization

What are the main pros and cons between purchasing an existing home or buying a brand new one. We’ve put together a list to highlight key considerations for home buyers. Customization For a new home, you may be able to meet with the builder and lay out how you want it to look. You may not be able to get everything you want for various reasons, but the path for building what you want in ter...Read More

AirBnB Tax Approved in Oakville

By: Case Feenstra Team

AirBnB Tax Approved in Oakville

Tags: Oakville, Real Estate, Rental Housing, Housing Market

The start of 2019 has seen a new accommodation-based tax spread further across Ontario municipalities.   Oakville now joins Toronto, Mississauga, and Ottawa, as municipalities to implement a 4% tax, or Municipal Accommodation Tax (MAT), on all short-term accommodations within the city. Niagara Falls has also brought a MAT into effect at the start of 2019, with their version consisting of a $2...Read More

The Future of Tech Disruption in Real Estate

By: Case Feenstra Team

The Future of Tech Disruption in Real Estate

Tags: Real Estate Technology, Investment Property, Investors

Technology is expected to disrupt many industries in 2019, and real-estate is included. For a historically traditionalist industry like home buying, a new era of tech-related market dynamics may be met with skepticism by some home buyers and sellers. But unique buying opportunities and welcomed conveniences will become available for those willing to give new real estate technology companies chance...Read More

Battle For Glen Abbey Golf Course Continues

By: Case Feenstra Team

Battle For Glen Abbey Golf Course Continues

Tags: Oakville Development, Housing in Glen Abbey, Conservation

Oakville held a special council meeting this week to discuss the appeal of an Ontario Superior Court of Justice. The Court raised questions about the legality of Oakville’s Cultural Heritage Landscape Conservation Plan that would have applied to the Glen Abbey Golf Course.   The associated by-laws enacted by Oakville to restrict development of the Glen Abbey Golf Course were also challe...Read More

Real Estate Cost and Sales Forecast for 2019

By: Case Feenstra Team

Real Estate Cost and Sales Forecast for 2019

Tags: GTA Real Estate, Sales Increase, Housing Marketing, New Buyers

In 2019, real estate markets across Canada are expected to cool. Many would assume that this means costs will come down. But in reality, costs will continue to increase – just at a slower pace than in the past few years.   This means that affordability will continue to be a significant problem for new buyers.   The cost of homes will continue to rise faster than incomes which will ...Read More