Ghosh, Ordinary Guy, Extraordinary Service

April 2023 Real Estate Market Report

GTA Real Estate News

Tip

Tip when selling your tenant-occupied investment property...

For more information:

Ontario Strengthening Protections for Tenants

Landlord and Tenant Board: Eviction for Personal Use, Demolition, Repairs and Conversion

If you have any questions, you can reach me at 647-404-9471 or omyghoshrealestate@gmail.com

Indranil Ghosh has been a realtor in the GTHA for over 18 years. Ordinary Guy. Extraordinary Service.

As the Bank of Canada pauses rate hikes, mortgage rates in Canada creep downward

As inflation continues to soften, the Bank of Canada announced on Wednesday it would be holding its interest rate at 4.5 per cent for a second time in a row.

The bank announced no plans to cut rates in the near future but despite this, mortgage rates in Canada have been on a downward trend.

Read the article here

Landlord registration program coming to Brampton targets illegal suites and rental licensing

Brampton is looking to cut down on illegal apartments and give the City more enforcement options when dealing with bad actors with a new landlord licensing program.

Read the article here

There's a new way to finance a home down payment, but one expert says it's risk

A new service has arrived on the Ontario real-estate scene that promises to help prospective homebuyers come up with the cash for a down payment, but one expert says the list of risks and caveats is considerable.

Read the article here

What you need to know about the first-time homebuyers savings account

The rules governing the new program came into force April 1, allowing prospective homebuyers to start saving for up to 15 years once they open an account, with an annual $8,000 deposit cap and a lifetime contribution limit of $40,000.

Read the article here

Royal LePage Home Price Update and Market Forecast

National aggregate home price forecast to increase 4.5% year-over-year in Q4 2023.

Single-digit price gains in first quarter driven by early return of sidelined buyer demand and continued shortage of inventory.

Read the article here

March 2023 Housing Market Charts Available

A series of charts summarizing key residential statistics for the GTA, including an affordability indicator and time series for price, new listings and sales.

Read the article here

Market Stats - Quick Overview

Read Details Here

Available Now - For Lease

Mississauga

Tucana

4450 Tucana Cr

Two Bedroom Condo + Den/ Solarium

 

Brampton

Lorne

Lorne Crt - Lower

2-Bedroom unit on a Quiet Cul-De-Sac Street.

Bought !! Sold !!

Bought - For First Time Homeowners

In Halton Hills - Georgetown

Freehold Townhouse, 3-Storey

 

Briar

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Oshawa

College

Perfect Starter Home

Hillside And Park Rd Area

SOLD!!

Mississauga

Elm

55 Elm Dr - Condo Apt

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What My Clients Are Saying

Tannistha S

My husband and I worked with Indranil Ghosh for purchasing a condo property. Our experience with him during the property search and securing it was exceptional - he took the time to understand our needs and preferences, showed us a wide range of properties that matched our criteria, and provided valuable insights and advice throughout the entire process. He helped us to do a thorough market research before even proceeding to put offers on the properties. He never pushed us to buy any property which was beyond our budget. He used to inspect the property during the showing and gave us a brief idea about the pros and cons of the property.

He was proactive in handling all the necessary paperwork and negotiations, and made sure that we felt confident and informed every step of the way.

Since this was an investment property, I couldn't have asked for a better experience when putting our property up for rent - Indranil provided expert guidance on preparing the property for showings, developed a comprehensive marketing strategy, and was able to secure high-quality tenants. He provided invaluable advice on how to choose the right tenant for our rental property - he thoroughly screened all applicants and provided us with comprehensive reports to help us make an informed decision. Thanks to his guidance, we were able to secure trustworthy and reliable tenants for our property.

Overall it was great experience working with Indranil Ghosh and I highly recommend him.

Upcoming Preconstruction Projects

Niagara Falls

Towns & Detached Homes 

In Thorold

Starting $699,000

Closings Late 2024

8 min to Go - 5 min from QEW

5-7 minutes from Brock University

10 minutes to Niagara College

Niagara
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Real Estate Downsizing

Downsize

For older adults interested in buying or selling property, it is prudent to work with a real estate professional who specializes in senior transitions.

I hold the ASA® (Accredited Senior Agent®) designation.

 I can help navigate the unique needs for older adults and help make practical decisions.

Call me. I can help.

(647) 404-9471

Investment Opportunities

Are you looking to invest in bank owned, estate properties, fixer uppers, cash flow properties, and power of sale properties?

I have access to properties across the GTA.

Brampton - Mississauga - Halton - Hamilton - Toronto - Durham - York

omyGhosh, Just call me. I can help.
(647) 404-9471

Chuckle

Until next time...

omyGhosh, (647) 404-9471

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