Archive for September 2013
Under The Spotlight – Lytton Park
Lytton Park is one of Toronto’s most exclusive neighbourhoods. It is home to doctors, lawyers, stockbrokers and corporate executives who value Lytton Park’s quiet charm, and its convenient access to transportation corridors leading in and out of the city. Lytton Park’s other assets include beautiful homes on large lots, outstanding recreational facilities, and a close proximity…
Read MoreInformation for Landlords and Tenants
Most residential tenancies are covered by the Residential Tenancies Act (the Act). This law: • gives landlords and tenants specific rights and responsibilities, • provides rules for increasing the rent and for evicting a tenant, and • creates the Landlord and Tenant Board (the Board). The role of the Landlord and Tenant Board is to: •…
Read MoreThe Menace in the Attic
There has been a lot in the news in the past few years concerning mould in our homes and what to do about it, particularly with the summer floods in Toronto and Alberta. As a result, we have become better educated about mould’s impact on our health and property value. We have also learned that…
Read MoreGTA Realtors® Release Mid-September Resale Figures
TORONTO, September 17, 2013 – Greater Toronto Area REALTORS® reported 3,158 transactions through the TorontoMLS system during the first 14 days of September 2013. This result was up by 29 per cent in comparison to September 2012. Sales were up for all major home types on a year-over-year basis. The condominium apartment segment led the…
Read MoreCurrent Residential Mortgage Rates as of September 16, 2013
Term Rate 6 months 3.95% 1 Year 3.09% 2 Year 3.09% 3 Year 3.19% 4 Year 3.59% 5 Year 3.39% 7 Year 3.99% 10 Year 4.39% Prime = 3.00% Variable Closed (5 yr) = Prime minus 0.50% = 2.50% Variable Open = Prime plus 0.80% = 3.80% Courtesy of John Chrisanthidis, Mortgage Intelligence
Read MoreToronto Neighbourhoods Under The Scope: September 2013
Find your neighbourhood below and see how August’s sales stats stacked up to last year’s. C02 (Annex, Wychwood, Casa Loma, Yonge-St.Clair) August 2012 August 2013 % Change Active Listings 187 210 + 12.3% Sales 43 49 + 14.0% Average Price $1,041,006 $863,880 – 17.0% Days on Market 37 28 – 24.3% Avg % of List Price 96…
Read MoreGTA Realtors® Report August Resale Housing Figures
TORONTO, September 5, 2013 – Greater Toronto Area REALTORS® reported 7,569 residential transactions through the TorontoMLS system in August 2013. This represented a 21 per cent increase compared to 6,249 sales in August 2012. “Sales were up strongly this past August for all major home types compared to last year. Many households have accounted for…
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