Allenby is very popular with families that have young children. This neighbourhood’s biggest drawing card is the Allenby Public School which has an excellent reputation, built around its French Immersion program for students in grades one through six. History: Allenby was first settled in the 1400s by the Huron Tribe which had a village here…

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When buyers decide to make an offer to purchase a home their real estate agent typically includes two conditions in the agreement of purchase and sale. The condition on financing typically gives the buyer several days to arrange satisfactory financing for their purchase. The condition on an inspection gives the purchaser an opportunity to hire…

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What makes selling a home more stressful? Selling it in the middle of winter. The lawn is snow covered or brown, the weather is usually bad and, unlike the longer days of summer, you have less time to show it off during daylight hours. But not everyone has the luxury of waiting until the traditional…

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Term Rate 6 months 3.95% 1 Year 2.74% 2 Year 2.69% 3 Year 2.79% 4 Year 2.99% 5 Year 2.99% 7 Year 3.69% 10 Year 3.89% Prime = 3.00% Variable Closed (5 yr) = Prime minus 0.35% = 2.65% Variable Open = Prime plus 0.80% = 3.80%       Courtesy of John Chrisanthidis, Mortgage Intelligence

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Real estate agents often chant the mantra “location, location, location,” which essentially means “find a home in a well-kept neighborhood with good schools and a low crime rate.” Some may cite a fourth factor, “Walkability,” a concept supported by self-styled “new urbanists” who advocate denser cities designed for the pedestrian and mass transit as much…

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Find your neighbourhood below and see how January’s sales stats stacked up to last year’s. C02 (Annex, Wychwood, Casa Loma, Yonge-St.Clair) Jan 2012 Jan 2013 % Change Active Listings 145 202 + 39.3% Sales 36 26 – 27.8% Average Price $951,361 $1,027,473 + 8.0% Days on Market 39 44 + 12.8% Avg % of List Price…

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Greater Toronto Area REALTORS® reported 4,375 transactions through the TorontoMLS system in January 2013.  This number represented a slight decline compared to 4,432 transactions reported in January 2012. “The January sales figures represent a good start to 2013.  While the number of transactions was down slightly compared to last year, the rate of decline was…

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