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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
2+1 Bed / 2 Bath
$559,900
55 Ann Oreilly Rd, Toronto
RE/MAX HALLMARK REALTY LTD., BROKERAGE
5+1 Bed / 4 Bath
$995,000
1375 Shalom St, Ottawa
RE/MAX HALLMARK REALTY LTD., BROKERAGE
1 Bed / 1 Bath
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RE/MAX HALLMARK REALTY LTD., BROKERAGE
4 Bed / 3 Bath
$1,168,000
23 Filippazzo Rd, Vaughan
RE/MAX HALLMARK REALTY LTD., BROKERAGE
2 Bed / 2 Bath
$480,000
135 Village Green Sq, Toronto
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Downtown Toronto Lifestyle and Market News
Condo Sales Get The Most Year-Over-Year Appreciation
Sales were up 2.4% for June compared to last year with 8,082 houses and condominiums changing hands in all the districts. This was the 2nd lowest number of sales for the month since June 2003. Condo townhouse and high-rise suites took a high 35.4% share of the market with 2,864 units being sold. The June average sale price for all GTA homes...
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How To Avoid An Upcoming Showing Meltdown
HOW TO AVOID AN UPCOMING SHOWING MELTDOWN What do you do when your Realtor calls and wants to show your condo in say, ½ an hour? I guarantee that this will happen and, of course, we always want to accommodate serious showings don’t we? Jump for joy first, since someone wants to look at YOUR home, right? Then, panic....
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Variable Rate Versus Fixed Rate Mortgages
VARIABLE RATE VERSUS FIXED-RATE MORTGAGES There are two major types of mortgages offered to buyers in Canada. The most common is the fixed-rate mortgage which has an interest rate that does not change over the term of the mortgage… typically one to five years. A fixed-rate mortgage offers security to the buyer bec...
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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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