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Hot New Listings
Well maintained and cared for 2 storey semi-detached house steps from the lively Danforth stretch
3 Bed 2 Bath
$849,900
68 Lamb Ave
RE/MAX HALLMARK REALTY LTD., BROKERAGE
1 Bed / 1 Bath
$439,000
135 Antibes Dr, Toronto
RE/MAX HALLMARK REALTY LTD., BROKERAGE
3 Bed / 1 Bath
$549,000
9 Cook Ave, Innisfil
RE/MAX HALLMARK REALTY LTD., BROKERAGE
5 Bed / 4 Bath
$1,599,000
39 Grange Dr, Richmond Hill
RE/MAX HALLMARK REALTY LTD., BROKERAGE
3+1 Bed / 4 Bath
$1,199,000
6 Anneke Rd, Toronto
RE/MAX HALLMARK REALTY LTD., BROKERAGE
3 Bed / 3 Bath
$449,900
1292 Sunnybrae Cres, Oshawa
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Downtown Toronto Lifestyle and Market News
Mortgage Terminology Explained
Sometimes when you’re reading about mortgage financing or talking to a banker or mortgage broker, it seems like they’re talking in a different language. They may be using terminology that you’re unfamiliar with. Here’s a short list of the most common words or phrases you might come across. Mortgage term&n...
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The Market Is Shifting To Condos
Sales were down 22% for May compared to last year with 7,834 houses and condominiums changing hands in all the districts. This was the lowest number of sales for the month since May 2002. Condo townhouse and high-rise suites took a highest-ever for May 38.2% share of the market with 2,992 units being sold. The May average sale price for all...
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If You Were The Interested Buyer
How can we make your home stand out so that buyer will want to make an offer? Selling your home to get the absolute highest price is all about ‘painting’ a picture of what it would be like for the buyer to live in your home before they actually do. Some of that ‘painting’ is actually just that… painting wal...
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How Much Does CMHC Mortgage Loan Insurance Cost?
Canada Mortgage And Housing Corporation (CMHC) is the publicly owned corporation which provides mortgage insurance to borrows, most of whom have high ratio mortgages above 80% loan-to-value (LTV). This insurance does not benefit you directly… it protects the lenders in case a borrower defaults on their mortgage payments and the bank h...
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Important Tips When Buying A Tenanted Condo
With the condominium rental market so strong in Toronto, there’s a high probability that the condo you look at and fall in love with will be tenanted. There are some advantages for you to look at tenanted suites IF you have a bit of imagination. Why is this important? Well, one reason is that a good proportio...
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9 Downsizing Tips To De-Clutter And De-Stress Your Move
When singles or families are downsizing, or right-sizing, once their existing long-time home has become too large for them, one of the most difficult parts of the move is deciding on what to eliminate. In a simple world, you’d just take the opportunity to start over… get rid of everything you have right now, buy all new and have...
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Lowest April Sales Since Way Back In 2003
Sales were down 43% for April compared to last year with 7,792 houses and condominiums changing hands in all the districts. This was the lowest number of sales for the month since April 2003. Condo townhouse and high-rise suites took a highest-ever for April 35.4% share of the market with 2,760 units being sold. The April average sale price...
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Avoid Anxiety When Applying For A FULL Mortgage Pre-Approval
A pre-approval VS a full mortgage pre-approval… they sound the same but they’re very different. Every realtor has had a client who thinks they have been pre-approved only to find out they cannot qualify for the homes they have been looking at. Often this does not become clear until the buyer has wasted way too much of thei...
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Why Checking Your Credit Report Is Important
A credit report for each buyer going on title is one of the three most important items a bank or mortgage broker checks to see if you are credit worthy and if they’re willing to give you a mortgage. If you’ve never had credit, have no debt and have always paid cash for purchases, this is not a good thing in this instance. L...
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Don’t Panic As The Average Sale Price Shows A 14.3% Drop
Sales were down 40% for March compared to last year with 7,228 houses and condominiums changing hands in all the districts. This was the lowest number of sales for the month since March 2009. Condo townhouse and high-rise suites took a highest-ever for March 37.2% share of the market with 2,686 units being sold. The March average sale price...
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