Enhancements to Tarion New Home Warranty Program

Thinking of buying new construction? Here are the latest enhancements to the Tarion New Home Warranty Program effective January 1, 2018: Freehold Deposit Coverage Effective January 1, 2018, new home purchasers placing deposits on new non-condominium freehold homes will have increased deposit coverage of 10 per cent of the purchase price up to a maximum…

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GTA Realtors® Release November Market Figures

TORONTO, ONTARIO, December 5, 2017 – Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 7,374 transactions through TREB’s MLS® System in November 2017. This result was up compared to October 2017, bucking the regular seasonal trend. On a year-over-year basis, sales were down by 13.3 per cent compared to…

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Your Handy Guide To Forced Air Heating

Two-thirds of all Canadian homes are heated with forced-air furnaces; of those, two-thirds are fired by natural gas, and the remainder by oil or propane or heated electrically. These systems are popular for a number of reasons, primarily their ability to heat a house quickly: just turn up the temperature on your thermostat, and seconds…

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2018’s Paint Colours Everyone Will Be Talking About

There’s a new minimalist colour palette in town, and it doesn’t involve grey. As 2018 quickly approaches, it’s time to discuss which home decor trends will define the year to come. While 2017 has been all about tropical green, warm neutrals, and sophisticated camel accents, we predict that next year will be full of even edgier hues.…

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Easements Explained

Written by Lorne Shuman The word easement appears in almost every Agreement of Purchase and Sale. It is a common term, but often misunderstood. Whether you own a property or are considering the purchase of a property, it is important to understand what an easement is. Easements are an important part of our property law…

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The Impact of OSFI’s Mortgage Changes

When – Jan 1st, 2018 – Lenders may adopt new policies sooner due to the date selected Who is affected by these upcoming changes? #1 Nobody renewing an existing mortgage. #2 Nobody purchasing a home with LESS than a 20% down payment. OK, so who then? People with more than 20% to put down on…

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The Pitfalls of Buying a Pre-Construction Condo

Written by Lorne Shuman As the price of detached and semi-detached homes continues to increase, many homebuyers are choosing to enter the housing market by purchasing brand-new pre-construction condominiums. Buying a pre-construction condominium has many benefits. However, the builder’s contract is very one-sided and in favor of the builder. This column will examine some of…

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GTA Realtors® Release October Market Figures

TORONTO, ONTARIO, November 2, 2017 – Toronto Real Estate Board President Tim Syrianos reported 7,118 residential sales through TREB’s MLS® System in October 2017. This result represented an above-average increase between September and October of almost 12 per cent, pointing to stronger fall market conditions. On a year-over-year basis, October sales were down compared to…

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The Dos & Don’t Dos of Duct Cleaning

Dirty air ducts can be unsafe, drastically raise your energy bills, release allergens into your home or workplace, and even attract rodents and pests. When it comes to duct cleaning, no step can be skipped, and the pollutants or contaminants that accumulate in your duct system need to be eradicated 100 %, otherwise you risk…

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