Stay Warm and Safe This Fall and Winter
Autumn, with its cool, brisk breezes and shorter days, is back. For many Canadian homeowners, that means it’s time to build a fire and let its warm glow chase the chills. Perhaps it is a throwback to our cave-dwelling ancestry, but nothing seems to soothe the soul like a fire. If you plan to enjoy…
Read MoreGTA Realtors® Release Mid-October Resale Figures
TORONTO, October 16, 2013 – Greater Toronto Area REALTORS® reported 3,460 sales through the TorontoMLS system during the first 14 days of October 2013. This result was up by 21 per cent in comparison to 2,849 sales reported during the same period in 2012. October mid-month sales were also up by 13 per cent compared…
Read MoreGTA Realtors® Release Rental Market Report
TORONTO, October 16, 2013 – Greater Toronto Area REALTORS® reported 6,541 condominium apartments rented through the TorontoMLS system in the third quarter of 2013. This result was up by 25 per cent in comparison to the third quarter of 2012. The number of condominium apartments listed for rent on the TorontoMLS system during the third…
Read MoreToronto Neighbourhoods Under The Scope – October 2013
Find your neighbourhood below and see how September’s sales stats stacked up to last year’s. C02 (Annex, Wychwood, Casa Loma, Yonge-St.Clair) Sept 2012 Sept 2013 % Change Active Listings 268 270 + 0.7% Sales 64 67 + 4.7% Average Price $1,106,566 $954,852 – 13.7% Days on Market 36 21 – 41.7% Avg % of List Price 98…
Read MoreGTA Realtors® Release September Housing Figures
TORONTO, October 3, 2013 – Greater Toronto Area REALTORS® reported 7,411 residential sales through the TorontoMLS system in September 2013, representing a 30 per cent increase compared to 5,687 transactions reported in September 2012. Year-to-date, total residential sales reported through TorontoMLS amounted to 68,907 during the first nine months of 2013 – down by one…
Read MoreUnder 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
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