[URBAN NOTE] “Soaring Toronto housing sparks interest in co-owning”
The Toronto Star‘s Tess Kalinowski writes about how, in the Toronto real estate market, the idea of co-ownership is starting to take off.
Toronto is not your average housing market and Lesli Gaynor is not your typical realtor.
It’s her background in policy writing and social work that informs her efforts to facilitate different co-ownership arrangements through her own company, GoCo Solutions.
On Wednesday, she has organized a seminar on co-owning a home that will feature legal and financial experts on the subject.
Home ownership has become extremely challenging with property values for single-family homes jumping 36 per cent from 2012, to an average of $770,000 last year.
“Co-operative housing is one way we can enable everyday Canadians to take advantage of the economic, social and community benefits of home ownership,” says the online posting for An Evening of Wine and Wisdom at the Centre for Social Innovation Annex on Bathurst St.
More than 200 people had registered in advance for the event, said Gaynor, a Royal LePage agent, and member of the Purdy Team that specializes in home co-ownership.