The real estate bull run has been propelled by heightened demand and impressive absorption charges. Now, poised on the cusp of a model new fiscal yr, the true estate landscape looks in course of the budgetary announcements to maintain and amplify the positive trajectory witnessed in 2023. Toronto city staff’s new budget features a 10.5-per-cent property-tax enhance. If permitted, the increase could add $500 to $1,000 or more to the annual cost of residents’ property taxes, writes private finance columnist Rob Carrick. Given the $1.1-million average cost of a house in the metropolis, it’s straightforward to say Toronto residents can…
