HST Does NOT Apply To The Price of a Resale Home!

Real Estate Taxes

An Ontario Real Estate Association (OREA) survey reveals that confusion about the Harmonized Sales Tax (HST) and buying a resale home has not decreased in the last year despite efforts by the provincial government and real estate industry to educate the public. The survey conducted by Ipsos Reid shows that 58 per cent of Ontarians… Read More

Toronto Housing Market a Shining Star

Average Prices Mid October 2011

Still crazy after all these years. The Toronto real estate market has risen steadily since the mid 1990’s – except for a brief decline   in late 2008/early 2009 that was followed by a rapid rebound – and continues to be a bright spot in the world economy. Despite all the bad news and market uncertainty through… Read More

Toronto Condo Market – Too Hot To Handle?

Condo Building Construction

Is there truth to the notion that  you can have too much of a good thing? According to a new report released by Bank of America Merrill Lynch Global Research, this is exactly the case with the hot condo market in Toronto, who speculate that this rising star will crash and burn.The authors of the… Read More

Humber Cinema Closes Again

Humber Cinema

The house lights have dimmed yet again at the Humber Cinema. But it’s unclear if the movie theatre at Bloor and Jane Streets is facing a temporary setback, or has been shuttered for good.A sign on the door of the Humber on Oct. 17 indicated the theatre, which had re-opened last April after sitting idle since… Read More

Your Home’s Sale Price is Private Information

Sold House

A few years ago, the federal Privacy Commissioner ruled a home’s sale price is personal information and cannot be advertised or disclosed without the permission of the buyer and the seller. This is what privacy legislation is all about — protecting your personal information. The lesson is that if you do not want to see… Read More

Stylish Open Concept Condo Apartment at Yonge & St. Clair

Welcome to The Clairmont, a boutique building providing style and elegance in a vibrant midtown location close to Yonge and St. Clair and surrounded by upscale residential neighbourhoods. It’s just a short walk to designer shops, fine dining, cafes, cinemas and services – to be entertained in every way possible. This stylish one bedroom suite… Read More

What’s Your Lucky House Number?

Lucky House Numbers

The influx of Chinese buyers in Canada’s major cities has given the housing market a boost, but created a controversy over street addresses. A University of British Columbia study says that in neighbourhoods with a high percentage of Chinese residents, houses with street numbers ending in four are sold at a 2.2 per cent discount… Read More

A Truly Exceptional Family Home

This home has been professionally designed by renowned area architects Ph.D. Design – it has wonderful flow and well proportioned living spaces together with thoughtfully chosen top drawer finishes throughout. The open concept main floor is perfect for entertaining with family and friends, with a welcoming entry foyer, elegant living room with gas fireplace, main… Read More

Bidding Wars Erupt in Rental Market

Bidding Wars Erupt in Rental Market

The market for rental condos is becoming almost as hot as Toronto’s resale housing market with bidding wars breaking out among tenants trying to snag prime units. While some 21,000 units are now under construction in Toronto — 5,707 of them in the downtown core — demand for rental condominiums continues to far outstrip supply,… Read More

Wire Your Home to Sell

Home Theatre System

Home buyers are ga-ga over gadgets. A survey by the Consumer Electronics Association (CEA) says home security systems, home theater-wired systems, home automation management systems and energy management systems are hot selling points. “There is a strong relationship between home technologies and the real estate market. While the market needs to recover before home technologies… Read More