Toronto Market in Transition?

Toronto Area Prices Mid September 2012

The fall market is now well underway, and there has been a significant increase in new listings, as is typical after Labour Day. The results are somewhat mixed, though. Prices so far this month are up almost 10% as compared with the same period last year, however, the total number of sales is down by… Read More

Not All Renos Have A Positive ROI

Home Renovations

Homeowners plan renovations for different reasons. Sometimes it’s because they’ve seen a friend’s new kitchen or something on a design show that sparked their imagination. Other times it could start with a repair that turns into a complete makeover. But by the time the renovation is finished, most homeowners will want to know how much… Read More

The Appraiser Needs Appraising

Real Estate Appraisal

The appraisal industry works a lot like the home inspections industry. There isn’t a single set of standards. The skills required to be an appraiser depend on the association an appraiser belongs to. Some associations require a university degree as a first step. Others a business degree. And some don’t require a degree at all…. Read More

Bloor West Village

Welcome to the perfect Bloor West Village family home: extensively renovated/updated since the late 1990’s; laneway parking with newer (approx. 10 yrs) double garage & automatic door opener plus a third parking spot outside the garage; and top-rated schools, Runnymede PS and Humberside CI. The stylish eat-in kitchen features a heated floor, apron sink, built-in… Read More

Some Rental Clauses Aren’t Legal

Some Rental Clauses Aren't Legal

As the new school year begins, students and landlords are signing leases. There are lots of clauses put into them, but just because something is written into a lease, doesn’t make it legal.  Here are some examples: First and last months’ rent: The most a landlord can ask from a tenant is the first and… Read More

Bloor West Village Ukrainian Festival Starts Today!

Bloor West Ukrainian Festival

Descendents of one of the first Ukrainian immigrants to settle in Canada will serve as Parade Marshals during the 16th annual Toronto Bloor West Ukrainian Festival. Wasyl Elaniak’s granddaughter and great-granddaughter, who still live on the family homestead in Edmonton, built by Elaniak in the 1890s, will travel to Toronto to be a part of… Read More

Immigration, Low Rates To Save Toronto Condo Market

Toronto Condo Market

Low interest rates, high immigration and downsizing baby boomers will keep the bottom from falling out of Toronto’s softening condo market, says a new report by the Conference Board of Canada. New mortgage rules and modest economic growth are likely to result in a 1.2 per cent drop in condo sales this year and a… Read More

CSA May Get Involved in Training & Certification of Home Inspectors

Home Inspection

The Canadian Standards Association Group and the National Home Inspector Certification Council have agreed to explore the possibility of having the CSA get involved in training, testing and certification of home inspectors from coast to coast. The two groups are in “very preliminary discussions” to see if they can build “a strong, credible, consistent and… Read More