Mindblown: a blog about philosophy.
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National Day for Truth and Reconciliation
National Day for Truth and Reconciliation honours survivors and raises awareness about their experiences. It's a symbol of Canada's commitment to reconciliation with Indigenous communities. Wearing orange shirts on this day symbolizes respect for survivors and raises awareness about residential schools. May this day inspire a future where every voice is heard, and every spirit…
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GTA Basements Earn Homeowners up to $2,600
GTA homeowners can earn between $1,800 to $2,600 monthly by renting their basements. Old Toronto leads with potential annual rental income of $31,200, highest in the GTA.
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Short-term rentals can earn homeowners extra cash in Oakville, Burlington
Homeowners in Oakville and Burlington can earn extra income through short-term rentals, though not as much as in major Canadian cities like Vancouver and Toronto. A study by Money.ca ranked Oakville and Burlington 24th and 25th for profitability on Airbnb. In Oakville, average nightly rates are $125 for one-bedroom, $166 for two-bedroom, and $228 for…
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Early-Q3 2024: GTA Home Prices Trends
GTA home prices dropped across the board in July 2024. Bidding competition eased in the GTA, with only 14% of homes overbidding in July.
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New condo coming to Oakville is doing something very different
A new condo community, The Residences at Bronte Lakeside in Oakville, is gaining attention for its transparent development process. Since its launch in 2022, it has maintained open communication with purchasers, updating them on progress, including the ongoing demolition. The project features a GeoExchange system for energy efficiency. The construction phases include excavation, structural work,…
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GTA Condo Hunting? These Options Are Under $550K
A study found 10 Greater Toronto Area communities where condos sold for under $550K this year. East York in Toronto had the lowest median condo price at $485K, despite a $499K listing price.
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GTA Mid-Q3 Is a Buyer’s Market: Condo Investors’ Chance?
The Toronto condo market in Mid-Q3 2024 saw price adjustments and slower sales, making it a good time to explore options. The GTA witnessed a 5% yearly decrease in benchmark home prices.
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Housing sales slowed, prices dropped in August for Oakville, Milton, Burlington
Housing sales in Halton slowed in August, with prices dropping significantly in Oakville, where the median sales price fell to $1.2M, down $125,000 from earlier this year. Halton Hills and Milton also saw declines, while Burlington experienced a slight increase. The Bank of Canada's recent rate cut is expected to improve affordability, particularly for first-time…
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Oakville Market Update
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Can Lower Rates Fix GTA Housing Crisis?
High interest rates have reduced GTA housing demand by 50%, increasing inventory and moderating pricesMunicipal approvals in the GTA take up to three years, delaying new home supply and increasing costs.
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