House of the Week: $1.4 million for a charming Rosedale starter home

ADDRESS: 298 Glen Road NEIGHBOURHOOD: Rosedale–Moore Park PRICE: $1,389,000 THE PLACE: Steps from Chorley Park and a short walk to the Evergreen Brick Works, this four-bedroom house may be smallish for Rosedale at 2,442 square feet but it’s also a quality starter home for the (extremely) upwardly mobile. BRAGGING RIGHTS: A home that has been […]

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What was cut from the Toronto budget?

From Posted Toronto, by Natalie Alcoba So, $27.6-million down. About $472-million to $746-million to go (depending on what shortfall figures you believe). City council signed off on several budgetary cuts on the long and winding road to balancing its books by January. The list was first scaled back by the Mayor’s executive, and then whittled […]

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Buyers prep for a cooler fall

Great article by Carolyn Ireland in this morning’s Globe and Mail! The housing market in Toronto has remained remarkable resilient, even as global financial markets have been roiling. Bidding wars through the spring and summer pushed prices higher but economists and real estate agents expect a more moderate pace in the fall. These seven strategies […]

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Sales up 14% over last September

Greater Toronto REALTORS® reported 3,149 transactions during the first 14 days of September, representing an increase of more than 25 per cent in comparison to the first two weeks of September 2010. New listings over the same period, at 6,890, were up by 14 per cent compared to last year. “Purchasing and paying for a […]

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Toronto Life Home of the Week: Condo on top of the TIFF Lightbox

Just in time for the Toronto International Film Festival, Toronto Life’s Home of the week is a penthouse on the Lightbox. ADDRESS: 80 John St, Unit 4202 NEIGHBOURHOOD: Waterfront Communities–The Island PRICE: $1,850,000 THE PLACE: A giant, 2,173-square-foot condo sitting in the new Festival Tower atop the TIFF Bell Lightbox. Keeping with the cinema theme, […]

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Interest rate hikes a long way off

Good news for anyone taking out or renewing a mortgage! OTTAWA—Faced with an increasingly bleak global economic picture, Bank of Canada Governor Mark Carney has pulled back from his oft-repeated plan to begin pushing up interest rates to head off a possible burst of inflation. The central bank on Wednesday kept its trend-setting overnight rate […]

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