Tag: ontario

Top 3 Mistakes Sellers Make When Hiring A Realtor

When it comes to selling your home, hiring a realtor with the lowest fees isn’t always the best option. In fact, there are several other factors to consider, including experience, regional knowledge, marketing budget, and pricing strategy. Let’s look at the top 3 mistakes most sellers make when hiring an agent. Mistake #1: Hiring a realtor with the lowest commission…

Fixed Vs Variable Mortgages: Everything You Need To Know

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 variable mortgages? Furthermore, what are the benefits of mortgage insurance?…

Toronto Waterfront: A Profile of Toronto Neighborhoods

Toronto Waterfront – An Overview Did you know Ontario means “beautiful lake” in Iroquois? In fact, the province is named after Lake Ontario, with the Waterfront occupying 46 of its 1,020 km shoreline. This is where you’ll find sandy beaches, lush greenery, fashionable restaurants, and luxurious condos offering gorgeous lakeside views. And there’s always something to do, whether it’s hiking, relaxing…

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 increased 2% year-over-year to $807,871 While detached home prices plummeted…

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 finally predicting a return to a traditionally brisk spring.” In…

Ontario’s Standard Lease Agreement: Everything You Need To Know

Understanding The New Agreement Starting April 30th, Ontario’s new standard lease agreement goes into effect. The new agreement applies to condos, apartments, single and semi-detached houses. So why is it a big deal? Because until now the province has lacked a standardized form, meaning rental agreements can differ wildly from one another. Furthermore, some landlords include complex, confusing or misleading…

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