Posts by Elliot
Transitional Kitchens Leading Design Trends
Transitional kitchens – blending elements of traditional and contemporary kitchens – are leading the trends for kitchen design in early 2016. Transitional kitchens incorporate modern elements like stainless steel appliances with traditional interior design. As part of the trend, Shaker-style cabinets are enjoying a revival of popularity, due to their adaptability with almost any style…
Read More10 Tips To Avoid Slip & Falls
The cold temperatures across Ontario pose a hazard to people trying to get around on slippery sidewalks, driveways and walkways. Insurance Bureau of Canada (IBC) is reminding pedestrians to take care and is encouraging homeowners to take steps to help ensure their properties are safe. IBC’s Top 10 tips to avoid slips, trips and falls…
Read MoreSave On Your Grocery Bill
Around 80% of the vegetables consumed by Canadians have been imported from outside the country. With the loonie at its lowest level since 2003, it’s no wonder that every time you go to the grocery store, prices seem to be higher than the last time you shopped. According to a recent study by the University of…
Read MoreWide Trends in Hardwood
Hardwood is replacing laminates and other materials as the flooring of choice in 2016. Its renewed popularity has resulted in new trends that open up a wide range of design possibilities for homeowners. Grey tones, darker colours that bring out the grain of the wood and wider planks are among the most dominant trends in…
Read MoreMake February “Love Your Home” Month
After a green Christmas, we’re looking forward to an early spring, according to the Groundhogs. February is a good time to plan for future repairs and renovation projects. But homeowners also need to keep on top of home maintenance this month and watch for problems caused by winter weather. Take care to avoid piling snow…
Read MoreStrong Start To 2016 – TREB Release January Sales Stats
TORONTO, Feb. 3, 2016 – Toronto Real Estate Board President Mark McLean announced Greater Toronto Area REALTORS® reported 4,672 residential transactions through TREB’s MLS® System in January 2016. This result represented an 8.2 per cent increase compared to January 2015. “It is clear that the handoff from 2015 to 2016 was a strong one. This…
Read MoreCondo Market Tightened in Q4 2015
TORONTO, January 27, 2016 – Toronto Real Estate Board President Mark McLean announced that Greater Toronto Area REALTORS® reported 5,595 condominium apartment sales through TREB’s MLS® System during the fourth quarter of 2015. This result was up by 12.6 per cent compared to the same period in 2014. Over the same period of time, the…
Read MoreTREB Reports Q4 Rental Market Statistics for 2015
Toronto, January 27, 2016 ‐ Toronto Real Estate Board President Mark McLean announced that Greater Toronto Area REALTORS® reported 6,073 condominium apartment rentals through TREB’s MLS® System in the fourth quarter of 2015. This result represented a substantial 20.7 per cent increase compared to 5,032 rentals reported in Q4 2014. “While the ownership market is often top-of-mind when we think about condominium apartments in the GTA, it is important to remember that investor-held condos have become an increasingly important source of rental supply. Renters looking for mid to high-end units have tended to be pointed at condo rentals. Strong demand resulted in tighter market conditions in Q4,” said Mr. McLean.…
Read MoreSection 98 of the Condo Act – Its Importance for Buyers & Sellers
Section 98 of the Condominium Act, 1998 allows owners to make alterations to the exclusive use common element areas allocated to their unit as well as the other common element areas. Section 98 requires that for a unit owner to make any addition, alteration or improvement to the common elements, the improvement must be approved…
Read MoreResidential Mortgage Rates as of January 21, 2016
Term Fixed Closed Rate 6 months 3.95% 1 Year 2.29% 2 Year 2.24% 3 Year 2.34% 4 Year 2.49% 5 Year 2.49% 7 Year 3.44% 10 Year 3.84% Prime = 2.70% Variable Closed (5 yr) = Prime minus 0.50% = 2.20% Variable Open = Prime plus 0.80% = 3.50% Secured Credit Lines = Prime plus…
Read More