Imagine waking up every workday morning and doing the usual run around routine of getting ready, eating breakfast, wrangling the kiddos and walking the dog, but then, just as you head for the front door to start your commute to work, you realize that you need to look no further than your front room to begin meeting with clients. This is the reality of those who have taken part in the trend of...
real estate investment
Many Canadians are curious as to how our nation’s hotter than ever real estate market and new mortgage qualifying rules have affected individuals entering the Canadian real estate market for the first time. Is buying a home in Canada’s amped up real estate market an unhealthy financial risk for first time buyers? Are less Canadians able to buy their first homes? Recent research done by...
Ontario condo owners will soon be subject to a new monthly tax. While this may sound like a negative development, leaders in the condo industry and experienced condo owners are certain it is not. This revision to Ontario’s Condominium Act, which could cost condo owners as low as a dollar per month, is set to be in place by late 2017. The fee will be used to educate condo owners through various...
With the increasing prices of real estate in Toronto, the refund of up to $4,000 for first time home buyers, which is effective by Jan. 1, 2017, is a move by the government to help young members of the community to purchase a home. This is a small step towards easing the hesitation felt by many regarding whether or not they can afford their first real estate purchase. The refund, slated to be up to...
Toronto is considered to have the largest real-estate market in all of Canada. Ending 2016 with record-high sales figures, according to the Toronto Real Estate Board, only solidifies this claim. This is in stark contrast to Vancouver’s market behavior, which slowed down as the year ended. The Real Estate Board of Greater Vancouver reported a decline in sales versus 2015 at 5.6 percent. The...
We're a few days into our New Year’s Resolutions and things are going well... right? I mean if your resolution is to eat better, you have been saying “no” to the plentiful left over chocolate lying around, or better yet, given it away. Or if your resolution is to buy your first condo, you have set up an appointment with your bank to see what you will qualify for, and...
The busy Fall season is approaching and everyone is looking for deals, deals, deals. Builders across the city have taken note and are not disappointing! Listed below is a few of the great incentives being offered at popular upcoming projects: The Rosedale on Bloor condos has launched to it's VIP members. Special incentives for the VIP launch is a free assignment valued at $5,000 dollars....
Who could ask for anything more, is the main line in the jingle for King Blue Condos and we tend to agree. From an investor or end user perspective what more do you want in a condo. The King Blue development in Toronto seems to tick all boxes people usually look for when searching for a downtown condo. It's central and it's accessible situated at the corner of King St and Blue Jays...
Now this is a story all about how a person can waste their time when buying a place to call home. This story does not take place specifically in West Philidelphia but I'm sure it does take place in many cities around the world. Jane Doe has not gone through her finances or spoken with a mortgage professional and really has no idea on what a realistic budget for her would be. Jane decides anyways that she...
Yet another development on it's way to the Yonge and Eglington area is Neon. You would think there is little room left here to develop, and you wouldn't be too far from the truth. Named after the nighttime scenery in the area, Neon will stand 20 storeys tall upon completion, and due to it's proximity to TTC and the shops/restaurants of the Yonge and Eglington area, this will be yet another...