OTTAWA – Canadian household debt rose to a new record high in the fourth quarter of last year in 2015, fuelled in large part by mortgage growth. Statistics Canada said Friday that total household credit market debt, which includes consumer credit and mortgage and non-mortgage loans, increased 1.2 per cent to $1.923 trillion at […]
Buyer Representation Agreement (BRA) Is A Legal Contract
Question – I am not getting along with my real estate salesperson and don’t think they’re going to lead me to a home I want and I would like to get out of my contract. Can I do that? Answer: It is unfortunate you are not getting along with your sales representative. Because […]
Cardiac arrests and highrises a deadly combination, Toronto study shows
Cardiac arrests happen most often at home. Researchers knew that. What they didn’t know, until now, is this: If your home is a highrise, the higher your floor, the lower your chance of survival. A new study published today in the Canadian Medical Association Journal examined five years of health data from the City of […]
5 Berkindale Crescent, Toronto – $5.5-million mansion that proves more house doesn’t mean more offers
LISTED AT $5,988,000 SOLD FOR $5,520,000 Address: 5 Berkindale Crescent Neighbourhood:York Mills The property: This newly built home, with five bedrooms and a grand total of nine bathrooms, is certainly not lacking in space. It also features a gym, a sauna, a media room and a wine cellar. The history: The seller purchased several […]
17 Harcourt Avenue, Toronto – $1.45-million Riverdale home with the appeal of a basement rental unit
LISTED AT $1,299,900 SOLD FOR $1,451,000 Address: 17 Harcourt Avenue Neighbourhood:Riverdale The property: A newly renovated detached home. The finished basement has its own separate entrance, making it usable either as a rental apartment or as a nanny suite. The history: The sellers, a couple who had lived in the home for a […]