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305 Clinton St., Toronto, On. No Longer Available
Don’t miss out on this three storey fully renovated Annex Home
Toronto’s Shifting Real Estate Market
The Roll Price Plays in Selling Your Home Currently our market has radically shifted. Gone are the days where you listed your home at what you thought was market value and received 4 or even 8 offers way over market value. Now we are chasing the market down. So ideally you should sit out selling in the current marketplace. Reality is that some folks need to move anyway. Also frankly it is a great... [Read more]
Get Up To Date Listings For The GTA
Planning to Purchase in the Next 6 Months? Would it help to start learning about house, loft and condo prices right now? Before taking that all crucial step of viewing homes it may be important to gather as much information as possible to familiarize yourself with costs of making a purchase. Plus you will want to know what your money will buy you in the current busy Toronto marketplace. How about opening... [Read more]
Toronto Real Estate Market Update
Toronto, December 4, 2008: Greater Toronto REALTORS® recorded 3,640 transactions last month, from 7,313sales in November 2007, Toronto Real Estate Board President Maureen O’Neill announced today. Year-to-date sales figures for the Greater Toronto Area show 72,086 transactions in 2008, from 88,695 sales recorded in the same January to November period a year ago. By contrast, the 2008 year-to-date... [Read more]
Bank of Canada Keeps Interest Rates Steady
This just released today November-17-08, 8:56:49 PM The Bank of Canada held its benchmark overnight lending rate steady at three per cent at it’s setting on September 3rd. The trend-setting Bank rate, which is set 0.25 percentage points above the overnight lending rate, remains at 3.25 per cent. The Bank’s decision to hold interest rates steady aims to support Canadian economic growth.... [Read more]
Should Paying Off The Mortgage Wait?
There is never a downside to paying off your mortgage because it means interest saved which means thousands more dollars in your pocket, however if you recently received a gov’t. tax refund there may be other factors to consider. If you take a $1400.00 tax refund and apply it to a typical mortgage at 6% amortized over 25 years you have just saved $38,000. In interest. Nothing wrong with that.... [Read more]
August 2009 Toronto Market Update:
Condos Now Being almost 40% of the market and being 67-68% first time home buyers means market updates do follow that market closely. The first time home buyer must move up for all other markets to subsequently keep moving with the exception of markets over $1.5 million market which do not particularily rely on the markets under them. June’s results on the Toronto Real Estate Board continued the... [Read more]
What Kind of Borrower Are You.
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The Easiest Way To Get Started Investing In Real Estate
This question was sent to me through our Toronto Loft Living website. So what is the easiest way to get started as a real estate investor? There is a dearth of information on investing in real estate in the media and on the internet, much of it confusing. You keep hearing about how you can buy all these great deals with no money down or very little down and do quick flips pocketing a ton of cash. If... [Read more]
Seven Deadly Sins of Small Time Investing
We’ve all heard rumors & discussion about the inherent issues of owning income producing properties. These are the Seven Deadly Sins of Small Time Investing that that you will need to watch out for. 1/Buying outside the Bell Curve The Bell curve is in the middle it’s what most people in a city can afford. If the middle of the market in your city is about $300,000. don’t buy a... [Read more]
