Variable or Fixed Mortgage – Which Is Better? Since July 2017, the Bank of Canada has raised its key overnight rate four times. It currently stands at 1.5%, while the prime lending rate of big commercial banks is 3.70%. This has left many homeowners wondering which is better: fixed or…
Tag: investment
Rising Interest Rates: Everything You Need To Know
Understanding The New Interest Rate Hike The Bank of Canada recently raised its key overnight rate by 25 basis points to 1.5%. Big banks like TD and BMO also followed suit, increasing their prime lending rate to 3.70% So how does this affect Toronto’s real estate market? The short answer: positively….
Toronto and GTA Summer Housing Market Overview 2018
The state of Toronto’s condo market for summer 2018 is hot. And, like summer, it’s only going to get hotter…. Some quick (yet revealing) facts: The average price of a downtown condo is currently $673,537 The average days on market for a downtown condo is 16 Overall sales prices have…
Downtown Toronto’s Condo Market – Spring 2018 Overview
Spring Thaw After months of cold weather and cool sales, Toronto’s housing market is once again heating up—just in time for spring. Properties in the downtown area are seeing an uptick in offers, while demand for GTA real estate keeps growing. According to The Star, “the real estate industry is…
67 Tamworth Rd – 4 Beds, 2 Baths + Rec Room – Leased
Address: 67 Tamworth Road, Toronto Ontario, M2N2N8 Neighbourhood: Willowdale (North York) Type: Detached Exterior: Brick Garage: Attached (2 vehicles) Driveway: 4 vehicles Size: 1500-2000 sq. ft. Bedrooms: 4 Washrooms: 2 Basement: Finished Floors: Hardwood Leased: $3,500 per month Agent: Wins Lai, Living Realty Inc., Brokerage About 67 Tamworth Road The…