Toronto - Dwelly Blog - Tips, trends & insights for home buyers, renters and sellers

Leveraging Borrowing Costs with Dwelly: A Key Factor in GTA Home Sales

In the bustling real estate market of the Greater Toronto Area (GTA), buying a home can be both thrilling and daunting. One of the most significant challenges for prospective homebuyers is navigating the borrowing costs associated with buying a home. This is where Dwelly can help...

Renting

3 Tips for Renting a Home in Toronto with Limited or No Credit History

Navigating Toronto's bustling rental scene can be tricky, especially if you're grappling with a limited or non-existent credit history. Whether you're a newcomer, a student, or just starting your financial journey, Dwelly is here to help.

Buying

Buying Property with High Interest Rates: 3 Simple Reasons It Can Still Be a Smart Money Move

During times of high mortgage rates, many buyers are hesitant to enter the housing market. However, these circumstances can actually present opportunities for buyers.

Toronto

How Mortgage Rates are Affecting Toronto Real Estate

With Mortgage rates increasing to a recent high in Toronto, it is important for a prospective buyer to understand how it is affecting the Downtown real estate market.

Renting

Why use a real estate agent when renting in Toronto?

So should you be using a real estate agent to rent a home in Toronto? Yes, you definitely should. Here are main the reasons with details.

Home Buying Guide

Average Cost of Utilities in Toronto

Anyone looking to rent or buy a home in Toronto asks this key question "how much are the monthly utility costs?" so we thought we should put this question to rest for our clients and soon-to-be Torontorians.

Mortgages

What Is A Fixed vs. Variable Mortgage Rate?

You’re probably reading this because you’re in the market to borrow hundreds of thousands of dollars and you want to know more. What most people already know is: fixed rates are… fixed, and variable rates are… variable? While that is true, it's also a sign that you should read on.

Toronto Neighbourhoods

Everything You Need to Know about Toronto's King West Neighbourhood

King West is one of the fastest growing neighbourhoods in all of Toronto. The vibrant neighbourhood is known for its active nightlife, wonderful selection of restaurants, and unique community feel.

Condos in Toronto

Top 5 Buildings In Liberty Village

Liberty Village is slowly but surely becoming one of Toronto’s most sought-after neighbourhoods; it’s located south of Queen St W while also being a stone’s throw away from the lake, as well as having great views of the CN tower. Here are some of the top buildings in Liberty Village.

Home Buying Guide

All Closing Costs to Consider When Buying a Home in Toronto

You’ve set a goal, managed your spending and saved the down payment for your home in the GTA. How exciting! Now you’re all set to buy a home. But, wait! What are all these closing costs you keep hearing about and how much more should you be setting aside for your Toronto home purchase?

Condos in Toronto

8 Buildings In Downtown Toronto With Two-Storey Units

Living in downtown Toronto means having to sometimes deal with limited space and constantly feeling like there’s no room to breathe. It can be quite hard to find the sweet spot between condo life in the city and detached home spaciousness - enter: two-storey units.

Pre-Construction

Latest Developments: Condo-Beach Living Coming To The East End

Coastal living is coming to the city’s East end - for beach views, top-of-the-line design, and a coveted, charming neighbourhood, Queen and Ashbridge is your go-to. The project, now starting development, is bringing a new urbanite living experience to Leslieville.

Buying

The 2020 Toronto Real Estate Market in Review

It's no question that 2020 will go down in books as a world-rattling, dynamic-shifting and just plainly unprecedented year. We have seen, and continue to see, the ripples of its effects throughout many industries, one of them being real estate.

Home Buying Guide

Home Insurance Problems to Watch Out for Before Buying

Home ownership is a major milestone full of commitments and financial obligations. That’s why it’s so important to make sure you have the right house. Home insurance is pretty affordable, but it always pays to be vigilant. Check out these common home insurance pitfalls

Condos

Top 5 Reasons Why Now Is the Right Time to Buy A Condo

It’s not the right time for many things in today’s world but, if your situation permits, now is the right time to buy a condo in Toronto.

Condos in Toronto

Toronto Rental Rates in 2020

By now, you've likely noticed that there has been a decrease in rental prices and more options to choose from across Greater Toronto Area. This article aims to shed some light on why this is happening and what we predict will be the trend for the next coming months.

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.

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).

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

Sidewalk Labs unveils its smart city master plan for Toronto

Alphabet's smart city subsidiary Sidewalk Labs debuts a detailed plan to transform part of Toronto's waterfront, hopes to start by 2021 pending city approval

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

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.

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