Mortgages New Mortgage Rules effective July 1, 2020 The COVID-19 pandemic has had a tremendous impact on many sectors of business across the Canadian economy, housing is not an exemption. The Canadian Housing and Mortgage Corporation (CHMC) has put forward new rules for mortgage default insurance applicants.
Buying The Property Step-Ladder Strategy for Millennials When it comes to housing affordability it's no surprise that Millennials tend to be left with the short-end of the stick but that doesn't always have to be the case. In this article, we describe one strategy, the property step-ladder.
Monitoring the Toronto Real Estate Condo Market Amid COVID-19 We hope the following information can help those looking to get in or out of the real estate market make more informed decisions. In this article we focus on market activity and stats of the downtown Toronto condo market,
Toronto Real Estate Market Report: March 2020 & The Impact of COVID-19 Uncertainty still looms across the province, as we’re now several weeks into this unexpected pandemic. The following article provides an update regarding the housing market in March 2020.
Buying COVID-19 & Toronto Real Estate During these unusual times many investors, home owners, and individuals are looking for any signs that may point to what the future holds for the Greater Toronto real estate market and the overall health of the Canadian economy.
Ontario Government Strengthens Trust in Real Estate Services The Ontario government introduced a bill proposing changes that would, if passed by the legislature, modernize rules for the Ontario real estate industry.
Condos in Toronto New Airbnb and Short-Term Rental Regulations in Toronto Following the decision made on November 18, 2019,new rules will be put in place that govern short-term rentals in Toronto. Here's everything you need to know about the new short-term regulations.
Buying with Dwelly - How It Works At Dwelly, your satisfaction as a home buyer is our ultimate goal and we do not take that lightly. We've streamlined the home buying process to make it as smooth as possible and
Condos in Toronto How Toronto's housing market just went from "high-risk" to "moderate" For the first time since 2015, Toronto’s housing market vulnerability moved from “high risk” to “moderate” according to the Canada Mortgage and Housing Corporation (CMHC).
Investing Real Estate Investing 101: Top 5 Formulas When it comes to real estate investing there are a few golden formulas that amateur and expert investors alike, refer to when evaluating a property. These golden formulas help you identify a great rental property investment from a poor one.
Waterfront Toronto moving forward on Sidewalk Labs’s smart city - with limits. After four months of negotiations, Waterfront’s vote this week locked in terms that returned the project to its original 12-acre scale and included government control over privacy and data policy.
What is "Offer Night"? and How to Come Out with a Winning Offer If you've been home hunting in the greater Toronto area you might have come across the term “Offer Night”. Offer night in real estate is the evening which all interested buyers come forward and submit their best offers.
The NEW First Time Home Buyer Incentive (FTHBI) Explained. In an attempt to assist first time home buyers with purchasing their first home, the Federal Government of Canada & the Canadian Mortgage & Housing Corporation (CMHC) have introduced a new First Time Home Buyer Incentive (FTHBI). But what exactly is this incentive?
Home Buying Guide Your Guide to Buying Pre-Construction Condos in Toronto Purchasing pre-construction homes are becoming increasingly popular in Toronto nowadays but what does buying a pre-construction home actually mean? What exactly is the difference between buying a pre-construction home versus re-sale?
Condos Oxford unveils plans Union Park: Toronto's largest-ever mixed-use development Oxford Properties Group unveils plans for the largest mixed-use development in downtown Toronto, a four-tower, $3.5 billion, 4.3 million square foot project called Union Park.
Renting Ontario Government to Allow Landlords to Increase Rent by 2.2% for 2020 The Ontario government has announced the rent increase guideline for 2020, setting 2.2% as the maximum percentage a landlord can increase most tenants’ rent. This would be the highest increase in the
Home Buying Guide What is a Down Payment? The very first payment you make for officially purchasing your home is the down payment. The down payment is usually shown as a percentage. In Canada, you have to pay a minimum of 5% for the down payment of your home.
Condos in Toronto Top 5 Hotel Residence Buildings In Toronto A hotel residence is a hotel that offers individual suites for private ownership. These buildings are usually large high-rise luxury hotels operated by big name hoteliers.
Buying 20 Common Questions Answered for First-Time Home Buyers A home can be one of the most personally and financially rewarding investments you’ll ever make. But if you’ve never bought a home before, the process may seem a little overwhelming
Home Buying Guide Real Estate Lawyers 101 When it comes to reviewing status certificates, figuring out your final closing costs, understanding tax implications, and receiving real estate legal advice a real estate lawyer is the best person to have answering your questions.
Home Buying Guide Renting vs Buying a Home: What's Right for You? One of the harder questions to answer is whether you should buy or rent the place you call home. In this article, we go over the costs of home ownership and renting, while pointing out the advantages and disadvantages of both.
Condos in Toronto Top 10 Condo Developers in Toronto Deciding which property developer to invest in is a crucial part of the home buying process. To help you choose such a developer, here’s our list of the top 10 developers in Toronto.
5 Major Benefits of Investing in Real Estate Real estate investing can prove to be a smart financial move. Here are 5 financial advantages that come with a investment property.
Condo of the Week: $2.95M for A Modern 2,200+ Sq Ft Loft in the Annex. This week's Condo of the Week - A true New York Vibe Infused 2-floor modern loft
Why is rent so high in Toronto? In this article we will attempt to answer questions like - Why are Toronto's rent prices so high? Why do they keep going up? And what's next? There are a few factors that
