Just Sold – Renovated Etobicoke Townhome

Click here for photos and more details Welcome to 102 Resurrection Road, a two bedroom + den townhome in an ideal location close to subway & GO stations, Islington Village shops & restaurants, great schools, parks, and with easy access to major highways, airport and downtown. This tastefully renovated three level townhome has an open… Read More

Changes Coming To The Mortgage Stress Test

The ‘stress test’ for mortgage qualification in Canada requires that homebuyers must qualify for a mortgage as if the mortgage interest rate were higher than the actual rate they will get. The idea is to determine that the applicant will be able to keep up with the payments if interest rates should rise.  That ‘higher… Read More

Toronto Market Continues to Accelerate

It’s beginning to look a lot like 2017. Three years ago we had an insane spring market, with house prices rocketing upward by 20% and then crashing back down to where they started. The entire process only took about five months from beginning to end. The bubble was driven primarily by extremely low inventory of… Read More

Spacious High Park Detached

Click here for photos, floor plans & more details Welcome to 280 Keele Street, a spacious three storey home in Toronto’s trendy Junction neighbourhood. This generous property would make a wonderful single-family home, and could also easily be turned into a three-unit residence. Step into the grand foyer, which boasts beautiful, original wood trim and… Read More

Mortgage Rates Are Falling, But This May Not Affect Prices

Largely because of the Novel Coronavirus and the resultant ‘flight to safety’ among investors, Government of Canada bond prices are being bid up, and this means that the corresponding interest rates are falling (bond prices and interest rates move in opposite directions). The major banks’ fixed mortgage rates are tied to these bond rates, and… Read More