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 […]
Read More Top 2012 housing stories, from crash warnings to rent vs. buyFrom 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 […]
Read More 7 houses that sold for $100,000 + over-asking in Toronto this yearIf 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 […]
Read More House of the Week: $1.1 million for a brand-new family home just north of Christie PitsThis 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 […]
Read More House of the Week: $8.8 million for a Caledon country homeI 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 […]
Read More Bill’s storyWith 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 […]
Read More Under-insured house can spell ruinToronto 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: […]
Read More House of the Week: $3.5 million for a Summerhill townhouse that used to be a churchThe 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 […]
Read More Cooling housing market shows stricter mortgage rules working: Flaherty
