WHAT CANADA’S STRESS-TEST MEANS FOR BUYERS

By | 2017-11-13T22:18:37+00:00 October 30th, 2017|Buying, Featured Buying, Financial, Governments, Toronto Condos, Toronto Houses, Toronto Market|

Whether you’re thinking about purchasing or have already purchased, Canada’s new lending rules will affect any buyers purchasing or closing with conditions after January 1, 2018.

TORONTO’S RAIL DECK PARK: THE PUBLIC V.S. PRIVATE DEBATE

By | 2017-11-02T16:02:57+00:00 October 11th, 2017|Governments, Neighborhood, Toronto Central|

Poppin’ back up in the news again is the uncertain future of Toronto’s proposed Rail Deck Park. The city promised its dwellers urban gold in its most coveted form, outdoor green space. Something Toronto’s downtown core sorely lacked but now this green space's future is uncertain.

ADVICE FOR LANDLORDS: EVICTION COMPENSATION

By | 2017-11-13T22:32:55+00:00 September 12th, 2017|Governments, Investing, Real Estate Tips, Rental, Selling|

As of September 1, 2017 landlords evicting a tenant for personal use of the property will be required to pay the tenant one month’s rent as compensation. Read our tips for what this means to you as a landlord and how you should price your rental units.

PROPOSED STRESS TEST WILL HIT FIRST TIME BUYERS THE HARDEST

By | 2017-09-01T13:51:49+00:00 August 31st, 2017|Buying, Financial, Governments, Toronto Market|

Proposed changes will tighten mortgage qualification rules and require homebuyers to face a stress test at 4.84%. Hardest hit will be first time buyers.

TORONTO CONDO LAWS TARGET GOVERNING BOARDS

By | 2017-11-02T16:08:14+00:00 July 25th, 2017|Buying, Governments, Toronto Condos, Toronto Market|

With issues arising in Toronto condos regarding “alleged hijacking of boards of directors”, the Ontario government hopes their new consumer protection laws will create more sustainable and healthy condo communities.

WHY YOU SHOULDN’T CARE TORONTO REAL ESTATE SALES HAVE SLOWED

By | 2017-08-03T15:16:01+00:00 July 24th, 2017|Buying, Financial, Governments, Toronto Market|

Real estate sales are down 6.7% in June when compared to May 2017. BUT it still not a buyer’s market in Toronto despite what the media is saying. Read on to find out why.

MORTGAGE HIKE NOT WORTH THE HYPE

By | 2017-08-03T19:38:44+00:00 July 12th, 2017|Buying, Financial, Governments, Real Estate Tips, Selling, Toronto Market|

The media has been acting like the sky is falling but The Bank of Canada raised their rates by a 0.25% increase. So, what does this really mean for the Toronto housing market?

ADVICE FOR LANDLORDS: ONTARIO’S NEW RENT CONTROL ACT

By | 2017-11-02T16:10:35+00:00 July 5th, 2017|Governments, Real Estate Tips, Rental, Toronto Condos, Toronto Houses, Toronto Market|

If you’re a landlord in Ontario, you’re probably feeling the woes of the Rental Fairness Act that recently went into place. While the act favours renters, you’re probably asking, “What does that mean for me as a landlord?” With an extremely competitive rental market and a vacancy rate of less than 1%, you’re likely [...]