Archive for Toronto Home Owners

Take some time and get to know your Toronto neighbourhood a bit better


Toronto is a city of neighbourhoods. No matter where you live, or where you’re planning on buying a home, getting to know all of the hidden secrets of each of these neighbourhoods is a bonus. Find the best local coffee shop, book store or gelato dispensary. Learn about the nearby park bench and why it’s [...]

Toronto among the second-most transparent real estate markets in the world: Canada


Toronto is one of the largest real estate markets in Canada, and the biannual Global Real Estate Transparency Index study conducted by financial and professional services company Jones Lang LaSalle has found that Canada’s real estate market is the second best in the entire world with regards to transparency. The transparency of a real estate [...]

Fewer Toronto Home Sales Meant Better Relationships With Builders in 2010


Consumer research firm J.D. Power and Associates announced last week that the recession may have led to fewer home sales in the Greater Toronto Area, but less sales meant one positive development for builders and their customers. Less sales meant fewer closings, and builders has more time to spend with their customers, allowing them to [...]

Choosing an amortization period on a Toronto mortgage


The amortization period is the length of time it takes to pay off a mortgage. The average amortization period is 25 years, but some are longer and some are shorter. While recent Ontario mortgage rule changes suggested amortization rates would be reduced, it never ended up happening. Choosing an amortization period can be a difficult [...]

What is “Power of Sale” and What Does it Mean to Toronto Home Buyers?


The recent stormy financial atmosphere across Canada, including Ontario and Toronto, has led to an increase in homes sold by the bank, sold under what is called “Power of Sale”. Homes sold by the bank are typically ones in which the former homeowner unfortunately could not pay their mortgage. The agreement may have a lot [...]

Over-Sealing Your Toronto Home to Conserve Energy? Get An Indoor Air Test


It seems Toronto is never going to get a break from this heat. Sure, the Weather Network promises a nice thunderstorm with torrential downpours day after day, but she’s just teasing. Many Toronto homeowners will take to using air conditioning in order to cool off or get a decent night’s sleep. Smart homeowners also know [...]

Some things to consider before renovating your Toronto home


“You get what you pay for.” We’ve all heard it, but sometimes a great deal is just too tempting to pass up. There are a ton of reasons to renovate your Toronto home. You might want to boost resale value, or you may just want so jazz it up a bit for yourself. Perhaps you [...]

What do first-time Toronto homebuyers want?


And the answer is: a lot, according to a new survey by TD Canada Trust. Toronto first-time buyers are looking for all of the extras like additional bedrooms and all of the nicest appliances, but they intend to stick around for a lot longer than first-time buyers have in previous years. Instead of moving repeatedly [...]

Caveat Emptor – Buying A Toronto House Without A Home Inspection


When buying a Toronto resale home, it is imperative that a home inspection is conducted. A home inspection can also benefit the home seller by protecting them from legal troubles down the road. Remember though – don’t hire your cousin Fred – he doesn’t have errors and omissions insurance to protect you in case the inspector misses something!

Yard Sale For The Cure @ Toronto’s Real Estate Team Office Went Well


Just a note to update everyone… thanks to all of you who dropped off your yard sale items we sold almost a garage full of eclectic items ranging from kid’s dolls to an antique Singer sewing machine table. Total earned this year – $634 to help with the search for a cure for breast cancer!