Posts tagged Home
What Does The Home Buying Process Look Like?

For some people taking the first step in the buying process is the scariest.

Fear of the unknown might outweigh the excitement of the prospect of having your own place

The best way to feel in control of the outcome is to educate yourself as much as possible about the process, all costs involved & your realistic requirements.

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Your FEBRUARY Monthly Report

2018 is off to a great start for the City of Toronto as numerous infrastructure projects get announced & finished!

From the York St Exit Ramp to the $1.25 Billion Portlands project, there is a lot to watch out for in the city this year

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Do You Live in a Designated Neighbourhood Improvement Area?

Back in early 2014, the City of Toronto released a program that was designed to target 31 specific areas that were to be designated Neighbourhood Improvement Areas (NIAs) under the Toronto Strong Neighbourhoods Strategy 2020.

While this initiative was started close to 4 years ago now, we are starting to see the benefits of it come to fruition today in areas like Regent Park & South Parkdale which have seen drastic improvements in the quality of life, available services/amenities & transportation! 

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Planning Home Renovations for 2018? Do’s & Don’ts When Choosing a Contractor

As our market conditions have shifted over the past several years to being more seller-centric, we are seeing an increasing amount of people decide to stay in their current home & renovate instead of moving.

While home renovations can be an extremely fun & challenging task, you need to make sure that you hire the right contractor to do the work or it could end up costing you in the long run!

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Knowing How to Budget for Home Ownership

While many people focus solely on the mortgage pre-approval & application process to base their financial real estate decisions off of, it’s important to remember that this number doesn’t fully encapsulate the extent of your home-buying budget.

A mortgage pre-approval tells you how much you’ve been approved for by the bank/lender, which is quite different from the amount you can actually afford in your monthly budget!

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How to Get Pre-Approved for a Mortgage

Getting pre-approved for a mortgage can be one of the most important preparatory steps you can take before beginning your property search for several reasons! 

A pre-approval will essentially tell you the price range of how much you have been approved for by your bank or lender which allows you to focus your search on properties that you can actually afford. 

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How to Avoid a Special Assessment in Your Toronto Condo

The words “special assessment” bring goosebumps to many condo owners & with good reason! These additional fees can appear to come out of nowhere if you don’t approach your condo purchase properly & do your homework on the building!

A special assessment occurs when there are repairs that need to made to a condo building but the existing reserve fund doesn’t have enough cash on hand to cover the expense. As a result, owners are left with an additional lump sum that they must pay to cover the costs.

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How Walkable is Your Downtown Condo?

As traffic congestion worsens & TTC service continues to be undependable, more & more people are choosing to walk as their main form of transportation

It might not come as a surprise, but Toronto’s downtown core is home to some of the most walkable neighbourhoods in all of Canada & new construction developers are taking note of this sweeping change

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Tips For Selling Your House During The Winter Months

If you are a fan of the hit show “Game of Thrones”, you will know the infamous saying “WINTER IS COMING”, which basically describes a third of the year in Canada hahah

In addition to your usual pre-winter preparations (getting out the heavy jackets, boots, snow shovels, etc.), there are several key things you can do to help sell your property in the winter months

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Should You Buy Or Sell Your Toronto Home First?

One of the hardest questions we get asked by our clients when they are looking to sell their property is “should we buy our new home first or sell our existing home first?”

The reason this question is so hard to answer is because it changes so drastically from person to person! Here are some of the pro’s & con’s for each option

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Did You Know Toronto Condo Fees Can Increase?

While most buyers know about the monthly maintenance fees you have to pay as a condo owner, many are unaware of the fact that these condo fees can increase at any time!

These fees are typically based on a monthly amount which you can easily budget for, however should the building need repairs or have to pay for a lawsuit, you can end up with an additional cost that can be hard to predict!

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