Under The Spotlight – The Annex

The Annex is Toronto’s most heterogenous community. Its residents include successful business people, prominent artists, University of Toronto students and faculty, and people from all walks of life. This is a vibrant neighbourhood that draws its energy from the University of Toronto, as well as from the bars, restaurants and nightclubs that crowd together along Bloor…

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Toronto Neighbourhoods Under The Scope: May 2013

Find your neighbourhood below and see how March’s sales stats stacked up to last year’s. C02 (Annex, Wychwood, Casa Loma, Yonge-St.Clair) April 2012 April 2013 % Change Active Listings 243 276 + 13.6% Sales 72 78 + 8.3% Average Price $1,029,618 $1,111,866 + 8.0% Days on Market 26 25 – 3.8% Avg % of List Price 99…

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GTA Realtors® Release April Resale Housing Figures

TORONTO, May 3, 2013 – Greater Toronto Area REALTORS® reported 9,811 sales through the TorontoMLS system in April 2013, representing a dip of two per cent in comparison to 10,021 transactions in April 2012. Both new listings during the month and active listings at the end of April were up on a year-over-year basis. “Despite…

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The Truth about Knob and Tube Wiring

After buying a home, many owners discover that they cannot obtain insurance for the house because it has knob and tube wiring. No insurance – no mortgage. No mortgage – no real estate transaction. A significant number of insurance companies now consider knob and tube wiring unsafe or a significantly higher risk. However, that is…

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Under The Spotlight – Riverdale

Riverdale is the gateway to Toronto’s east end neighbourhoods. It is a large and diverse community that is especially well known for its colourful shopping districts and quaint Victorian homes. North Riverdale from Gerrard to the Danforth is very popular with young affluent professionals, while South Riverdale has traditionally attracted a wide mix of people looking…

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Credit Report/Score Basics

What is a Credit Report? Your credit report is a summary of your credit history. If you have ever used a credit card, taken out a personal loan, or used a “buy now, pay later” offer, you have a credit history. Your credit report is created when you borrow money or apply for credit for…

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Should You Replace Your Windows?

One of the most prominent features of any home is the windows. When they are well maintained they have a positive impact on the impression potential buyers will have of your property. The opposite occurs, of course, when your windows look old and worn. So does that mean you should replace your windows? That depends on a…

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Under The Spotlight – Leaside

Leaside is one of the most popular neighbourhoods in Toronto. In light of its high profile, it is not surprising that Leaside is also one of the more expensive real estate districts. Leaside is in especially high demand with upper middle income families who value this neighbourhood as an ideal place to raise children. Leaside has…

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Spring Home Maintenance Tips

1. Using binoculars, check bricks, wash and cap for any damage, flashing at chimney and vents for lifting and other damage. Have a professional in to correct these problems through the warm month. 2. Check and clean gutters, down drainage spouts, and splash blocks. Make sure there is no blockage in the downspout and that…

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GTA REALTORS® RELEASE RENTAL MARKET REPORT

TORONTO, April 16, 2013 – Greater Toronto Area REALTORS® reported a substantial increase in the number of condominium apartments rented through the TorontoMLS system in the first quarter of 2013. There were 4,277 condominium apartments rented – up by almost 13 per cent on a year-over-year basis. The total number of rental properties listed on…

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