Toronto real estate market news & info
There are several examples of turn-of-the-century churches receiving a new lease on life throughout the High Park and Roncesvalles neighbourhoods. In one block of Annette Street alone, there are two places of worship whose interiors have been completely transformed. Click here to view the full article. via insidetoronto.com Churches becoming condos. Surely a sign… Read More
Don and Louise Beauchamp sold their home in November, 2007 and a week before closing in early 2008 the basement flooded. They paid $1,649 to dry out the rug and replace the underpad, but did not tell the buyers. The Beauchamps thought this was a “one off” occurrence and since they had fixed the problem… Read More
Billions spent in new construction, renovation, and infill over the past decade have contributed to a serious upswing in the calibre of Canada’s housing stock, propping up residential average price in the country’s major centres, according to a report released today by RE/MAX. Since 2000, the value of a Canadian home has doubled, rising from… Read More
The law says that every condition must be exercised in good faith. You can’t just say “I changed my mind” and walk away from a deal. But in practice, it is not so easy to understand, as we see in the following two cases. Click here to view the full article. via moneyville.ca Many… Read More
Just when we thought the Toronto area market was ready to cool off, now that the fall market is nearing an end, the pace has actually picked up. Prices through the first two weeks of November actually increased a bit versus October; normally we see prices start to taper off a bit after Hallowe’en (see… Read More
Painting your home is a great way to enhance the appearance of your home, especially when it’s time to sell. But don’t just slather on a fresh coat for the sake of upgrading – choose colors that will enhance your mood. When it’s time to sell, anything that you can do to improve the mood… Read More
Looking at the largest and most wealthy segment of Canada’s population, several major banks have been researching what the baby boomers are planning to do as they head to their retirement years. Studies have looked at their mortgage situation, whether they plan to downsize or move out of the province or the country and exactly… Read More
Variable-rate mortgages are so over. Go fixed rate if you’re arranging or renewing a mortgage, and think hard about the four-year term. If you take in all the recent developments in the mortgage market, this is the most logical strategy. Variable-rate mortgages are being sold at the prime rate in many cases right now, which… Read More
For the second year, The Junction Business Improvement Area (BIA), of which McGuinty is executive director, will present a Santa in The Junction event, this time boasting as many as 14 magical window displays on Saturday, Nov. 26. Except these storefront windows won’t feature any mechanics, but rather children from the Creative Children’s Dance Centre… Read More
Today’s experts spout off the latest statistics about long-term wealth, home values, and interest rates, yet there’s a much more sentimental side to homeownership. In fact, many home buyers are drawn to homeownership for these warm and fuzzy reasons. Owning a home allows you to put down roots, both figuratively and literally. On one hand… Read More
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