Will New Mortgage Rules Disrupt the Market?

Last October, the federal government introduced mortgage rules that required anyone needing mortgage insurance (less than 20% down payment) to pass a ‘stress test’ to prove that they could afford the payments if mortgage rates were to increase. The Bank of Canada’s posted rate, approximately 2% higher than the rates actually available, was chosen as… Read More

Why You Should Use an Expert to Navigate the Home Buying Process

Moving with Young Children

In a growing atmosphere of the do-it-yourself mentality, some wonder if they should take on the homebuying process on their own. It’s certainly been done but, more often than not, homebuyers turn to the experts when it comes time to making what will often be their most expensive purchase. Here are just a few reasons why it’s a… Read More

Worst Time Of The Year May Be The Best for Buyers

Home For Sale in Winter

Why is the worst time of the year, often the best time for real estate buyers? The holiday season and the following “worst weather” months are widely considered the worst time of the year for selling or buying real estate. In reality, these distraction-packed months – November to February – carry benefits for determined buyers…. Read More

Toronto Market Stabilizing

Prices_Freehold_Sept_2017

After an extreme roller coaster ride for the first 8 months of this year, Toronto area prices for freehold (non-condominium) properties seem to have stabilized. Prices shot up by more than 30% over 2016 in the spring, promptly gave back all of the increase over the summer months, and have exactly matched last year’s price… Read More

Financial Don’ts When Getting Ready To Buy A Home

If you’re in the process of buying a home, you’ve probably already met with a lender who advised you on what to do and what not to do during the escrow process. But if you’re just getting ready to buy or plan on doing so in the near future, following a few financial tips can… Read More

Changes Coming To Multiple Representation

New Rules

Real estate agents represent seller clients through Listing Agreements, and represent buyer clients through Buyer Representation Agreements. These contracts obligate real estate agents to: Always work in the best interests of the client; Protect the confidentiality of the client’s personal information; Disclose all information that could affect the client’s decisions; and Carry out the client’s… Read More

Oasis By The Lake. Entertainer’s Delight. Your Cottage At Home.

6 Chapel Road

Click here to view photos and more details Welcome to 6 Chapel Road, gem of a home nestled on a quiet street just steps from the lakefront. This 3 + bedroom family home with a garage, backyard, and pool is a peaceful retreat in the heart of sought-after Long Branch. A spacious front yard and… Read More