In toronto real estate, Toronto’s proposed rail deck park could be a “legacy project” for the city, says councillor Joe Cressy. Cressy announced plans to build the park, which would span 8.5 hectares (or 21 acres) along the city’s waterfront rail corridor from Bathurst Street to just past the Rogers Centre, with Toronto Mayor John Tory on Wednesday. Massive downtown #RailDeckPark will […]
Toronto Real Estate Posts
RBC looks at how price growth happens
In toronto real estate, many an armchair analyst has speculated on the factors behind Toronto and Vancouver’s runaway home values. And now, a recent study by RBC Capital Markets brings more data to the table. According to its report, home prices increased at a compound rate of 5.6% annually from 1999 to 2015 in Toronto and 6.2% in Vancouver, outperforming the […]
CMHC is warning overvalued housing market in Toronto area
In toronto real estate, the Canada Mortgage and Housing Corporation (CMHC) is sounding the alarm over several of Canada’s housing markets. There are troubling signs beyond the much talked about Toronto and Vancouver scenes. Bob Dugan is the Cheif Economist for the CMHC, the federal government’s housing authority. On the website the 70 year-old […]
Scope of home selling services in Toronto are not all standard
In toronto real estate, selling a home for most people is a rare occurrence and can be complicated, so hiring a real-estate salesperson to help you is a good first step to ensuring you have access to expert advice. When you list your home, you typically sign a seller representation agreement, commonly known as […]
2nd mortgage @20% interest in Toronto and high cost when falling behind – McLean’s story
In toronto real estate, O’Neil McLean is a tenacious entrepreneur who thought a second mortgage would give him some breathing room to catch up on bills after he depleted his own savings to bootstrap a business venture. Instead, that loan has ballooned to three times what he originally borrowed, has dragged him through a […]
