Top 2012 housing stories, from crash warnings to rent vs. buy

The Financial Post published this article from Gary Marr a few days ago. Marr details the top ten housing stories from 2012, and not all of them were gloom and doom! Consumers must be getting tired of hearing the experts cry wolf about rising interest rates and a housing crash. Rates haven’t moved much if […]

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7 houses that sold for $100,000 + over-asking in Toronto this year

From the Globe and Mail: It’s been a roller-coaster year in real estate, opening on a residential battlefield that saw sellers clearly with the upper hand. In Toronto, bidding wars for mid-range homes in which as many as a dozen or more eager buyers trumped and re-trumped their offer prices were commonplace. Listing prices in […]

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House of the Week: $1.1 million for a brand-new family home just north of Christie Pits

If you’re a fan of modern design, you’ll want to check this one out – but the backyard, is, well… small. The house is about 2700 square feet, with a deck off the master suite. ADDRESS: 132 Yarmouth Road NEIGHBOURHOOD: Dovercourt-Wallace-Emerson-Junction PRICE: $1,149,000 THE PLACE: A newly constructed three-bedroom home with a contemporary look near […]

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House of the Week: $8.8 million for a Caledon country home

This home in Caledon was once owned by the inventor of Trivial Pursuit. With 24 acres of land, it’s more of a compound than a simple house. At 15,000 square feet, this home has six bedrooms and ten bathrooms, as well as parking for 20 cars (perfect for big dinner parties), a pool and a […]

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Bill’s story

I am writing to describe  a very pleasant experience in the purchase of a condo recently.  My family requires a home in downtown and I happen to know certain condo buildings along Bloor Street.  I happen to come across a specific condo unit for sale from the internet MLS and this unit is exactly what […]

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Under-insured house can spell ruin

With more people renting out basement units, not having the right kind of property insurance becomes a bigger issue. Here’s an article from the Globe with some information – and it’s not even from an insurance broker! You’ve purchased the coveted house, you’ve converted the old cellar into a basement suite and maybe even gone […]

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House of the Week: $3.5 million for a Summerhill townhouse that used to be a church

Toronto Life’s latest House of the Week, a Yorkville townhouse in a building that used to be a church, but you’d never know it. 4300 square feet, includes a wine cellar that will hold 5400 bottles. Three bedrooms, four baths and you can’t beat the location… ADDRESS: 12 MacPherson Avenue, Townhouse 5 NEIGHBOURHOOD: Yorkville PRICE: […]

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Cooling housing market shows stricter mortgage rules working: Flaherty

The latest numbers from the Toronto Real Estate Board show that although sales were down in volume by 16% as compared to last November, the average price was up by 1.6%. Finance Minister Jim Flaherty is taking credit for a more moderate market, saying it’s the changes to mortgage rules that have slowed sales down […]

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