Real Estate Blog

Home staging is the professional service of preparing a home for sale in such a way that it appeals to potential buyers. Personal taste and preference differ from person to person, so hiring a professional home stager who knows how to attract a wide range of homebuyers could tip the scales in your favour.

 

Do Staged Homes Receive A Higher Price?

The final price of your home depends on a number of factors including market conditions, buyer demand, listing price, negotiations, how well the home is maintained and more. While a lot of these factors are outside of your control, one thing you can control is buyer impression.

RELATED: Home Repairs To Make Before Selling

Buyers need to see themselves in your home and picture what it would

138 Views, 0 Comments

Top 6 Toronto Patios Open Now

The announcement of Stage 3 reopening in Ontario means that many of our favourite restaurants will once again be available for indoor enjoyment to the public. Unfortunately, Toronto's reopening will have to wait until at least July 24, due to a higher number of COVID cases than the rest of Ontario.

But don't worry! If you're craving some delicious food from one of Toronto’s many restaurants, here are 6 of the top patios you can visit right now.

 

Eataly

Eataly is a fusion of two words, eat and Italy. So it should come as no surprise that it serves up incredible Italian inspired dishes including traditional Torino-style pizza, summer-inspired aperitivo bites, salads packed with seasonal colours & flavours, and an impressive selection of

372 Views, 0 Comments

After a brief drop due to COVID-19, the Toronto housing market has been much like the weather- HOT! It seems not even a global pandemic can hold back home sales. According to the latest TREB data, a total of 8,701 sales were recorded in June- a whopping 89% increase from the previous month.

This represents only a 1.4% decline in sales from June 2019, meaning that despite experiencing the worst economic setback since the Great Depression, people are still buying and selling homes at rates comparable to what was seen before the pandemic. In fact, in some segments of the Toronto market, including detached homes and townhouses, year-over-year growth was recorded.

So how has the Toronto housing market been able to remain so resilient throughout this

582 Views, 0 Comments

 

With Toronto entering Stage 2 of reopening, we are starting to see life in the city begin to emerge. If you've been cooped up all week and are looking to get out this weekend, here are a few things to look out for.

10km of Road Closures for Pedestrians and Cyclists

Toronto residents looking to enjoy the beautiful weather this weekend will be able to take advantage of over 10 km of roads closed to traffic as part of the City’s ActiveTO initiative.

From Saturday July 4 at 6 am until Sunday July 5 at 11 pm, residents will be given extra space along select roads to physically distance while getting exercise outdoors.

Parts of major roads in Toronto will be closed this weekend, Sat. 6 am until Sun. 11 pm:
- Lake Shore Blvd. W.

258 Views, 0 Comments

With the spring market coming to a close after an abnormally slow season, many potential buyers are asking themselves if now's a good time to buy. It’s a fair question, since the latest data suggests that activity might warm up heading into summer, and sales have increased by 55.2% from April to May.

If you find yourself in this position, there are a few factors to consider before making a decision. 

 

Better Price vs. More Variety

Pent up demand will likely result in a busier summer than usual. If you want to beat out the competition, now would be a good time to jump into the market. With less people competing, your chances of sparking a bidding war are much lower, and would likely result in a better closing price for a home.

On the other

402 Views, 0 Comments

The future of Toronto's housing market may be uncertain, but there are clear signs that activity might warm up heading into the summer. 

According to the latest MLS data, home sales shot up by 55.2% from April to May with 4,606 transactions in the GTA. The number of new listings also increased by 47.5% compared to April, with a total of 9,104. 

The average selling price rose 3% year-over-year from May 2019 to $863,599. 

Since the spring market started later than usual, there’s a good chance that we’ll experience a busier summer market as a result. 

While we don’t expect to see a record breaking year as was once predicted prior to the health crisis, we are optimistic that the housing market could accelerate as the economy reopens.

Stay tuned for more

359 Views, 0 Comments

How to save for a down payment

Buying a home is a huge commitment, and likely the most expensive purchase you will ever make. The first financial cost you can expect is the down payment. A down payment is the amount of money put towards the purchase of a home, which represents a part of the total payment often covered by a mortgage loan.  

 

How much is a down payment?

In Canada, the down payment amount depends on the price of the home. The minimum down payment is 5% on the first $500,000 of the home price and 10% on any portion exceeding $500,000, up to $1 million. Homes priced above $1 million require a minimum 20% down.

The more you can put for your down payment the better. Benefits of a bigger down payment include lower monthly mortgage payments, paying less

247 Views, 0 Comments

Top 4 Tips When Viewing A Home Virtually

As technology evolves and improves over time, online home listings get more sophisticated. Now more than ever, viewing a home online has become necessary as new rules and regulations encourage social distancing. But finding your dream home online without seeing it in person can be a challenge. 

Here are the top 4 things to take into consideration when viewing a home virtually:

 

Virtual Tours

If a physical walk through isn't an option, then a virtual tour can be a great alternative. This will give you an opportunity to get a better feel for the home, and explore the floor plan and layout without having to actually set foot on the property.

Some realtors even offer virtual showings, where they visit the property on your behalf and give

142 Views, 0 Comments

How To Find A Real Estate Agent Virtually

Finding a real estate agent can be a challenge, and the recent events of COVID-19 hasn't made it any easier. While a portion of the market is waiting on the sidelines for the health crisis to pass, a large number of people still need to move. A real estate agent is essential during these times, as their knowledge will help you navigate the constantly changing market.

Luckily, most real estate agents are easily found with a simple online search. What's not so simple is choosing who to trust with possibly the largest and most important transaction of your life. Here are a few things to look for when finding an agent online to ensure they have the tools and experience to achieve your home buying/selling needs.

Check Their Online Presence

The

433 Views, 0 Comments

With new rules and regulations encouraging us to stay at home, and grocery stores becoming particularly busy during these times, the idea of growing your own fruits and vegetables is especially appealing. A Victory Garden is a great way to supplement your own groceries, while exercising the stay at home orders encouraged by the government.

Whether you are looking for a new hobby, or are an avid gardener, here are the top 4 tips to starting your own Victory Garden:

 

Plan Your Garden

The first step is to create a garden plan. Not only will this help you decide what you should plant and where you need to plant it, but also when you are going to plant throughout the year.

Do some research on the types of plants you're interested in and

227 Views, 0 Comments