Thinking About Renting Your Basement?

The Toronto rental market is very strong and, if you don’t really need the living space in your basement, the idea of pulling in an extra $1,000/month or more in rent can be very appealing. Before you embark on renovations to convert your basement into an apartment, however, here are some things you should bear… Read More

Improve Your Chances of Obtaining a Home Mortgage

Securing financing to purchase a new home is one of the most important, exciting, and nerve-wracking financial steps most people will ever take. The government has tightened mortgage lending rules several times in recent years, and banks have become increasingly cautious about making mortgage commitments. Does this mean that you won’t be able to get… Read More

Trends Cost Sellers Money

Every new and widely-adopted trend changes what’s considered “standard.” When this happens in real estate — inside or out — a seller’s non-trend or off-trend house or condominium unit may become “substandard” in buyers’ eyes. Sellers who expect top dollar for their property must ensure it makes an on-trend impression with homebuyers, especially millennials. In… Read More

Toronto Market Reheating

Recent media reports have seized upon the February data for prices and sales to suggest that the Toronto market may be in decline. Indeed, prices and sales in February were both lower than the same time last year, however, I would contend that this conclusion is an extreme example of recency bias. What do I… Read More