TREB president Larry Cerqua In Toronto real estate, Mr. Larry Cerqua, the new President of the Toronto Real Estate Board says that he is excited at a very interesting time in the home ownership market. Demand for ownership housing continues to be at a record high, while the supply of listings continues to be […]
Archives for July 2016
Walk in the woods can help young people with mental health issues
In Toronto health post, a walk in the woods is good for the soul. For many, it may even improve mental health. That’s the premise of the Mood Walks program being offered by forty different agencies across the province, including Rouge Valley Health System and Parks Canada. The program is meant for young people with mental illnesses, […]
Street hockey becomes legal after Toronto city council overturns its ban
In Toronto news, Ball hockey is now legal on Toronto streets after city council voted 35-2 on Friday in favor of overturning an earlier ban against playing the hallowed game on our roads. The decision to scrap the ban covering hockey and basketball nets came up after about 20 families in the Bedford Park neighbourhood […]
30 year mortgage becomes new norm in Toronto and Vancouver with soaring home prices
The loans with 30-year amortizations, as opposed to 25 years, are slowly becoming the norm for consumers with a down payment of 20 per cent or more. That segment of the market is often referred to as the less risky, low-ratio mortgage market: Since the loans have more equity, it takes a more pronounced […]
68 Balmoral Ave., Toronto – Summerhill area house sold attracting 3 pre-emptive offers
68 Balmoral Ave., Toronto ASKING PRICE $1,050,000 SELLING PRICE $1,225,000 PREVIOUS SELLING PRICE $465,000 (2001) TAXES $6,130 (2016) DAYS ON THE MARKET 3 The Action: This two-storey row house sits on the south side of St. Michael’s Cemetery on a 15-by-107-foot lot. The prime Summerhill location prompted three pre-emptive offers earlier this year […]