Implications of the New Mortgage Regulations

In an announcement from TD Economist Diana Petramala, the implications for the Ontario market are less significant due to booming demand and tight inventories. Here’s a synopsis of her comments: With demand weakening, the national sales-to-listings ratio came down more than 3 points to 59.6 in the month, tipping the national market back into balanced territory. …

Posted in Home Finance

Landlord Licensing in Toronto?

A proposal to the Toronto City Council will be made regarding landlord licensing. It concerns approval of a new regulatory by-law for rental apartments, which would require that all buildings are registered with the city. Additionally, the proposal looks to have a process in place for tracking tenant repair requests, installation of a notification board, implementation of a …

Posted in Income Properties

LED Lights Are Here to Stay…

LED lights are here to stay and they offer many advantages. They guarantee a ‘greener’ future. So what is LED light? The acronym stands for light-emitting diode – a solid-state lighting that uses a semiconductor to convert electricity into light. Let’s look at their key features and benefits: LED bulbs are 6-7 times more efficient …

Posted in Home Maintenance, Rebates

Tips for Toronto Living

Check out this short and informative video from the Toronto Real Estate Board for some useful tips. Toronto Living – Homeowners Kit for Energy Ideas and Savings

Posted in Home Finance, Home Maintenance, Living

Current Colour Trends – Gray vs. Beige?

We are often asked about paint colours when helping clients get their homes ready to sell. Current colour trends can be found online (here’s the link if you’re a Benjamin Moore fan like me – Benjamin Moore – 2016 Colour Trends). It is not always necessary to hop on the bandwagon though. While neutral walls …

Posted in Home Renovation

Three Pillars of Protection when Buying or Selling with a Registered Real Estate Professional

All real estate brokers and salespersons in Ontario are registered with, and regulated by, Real Estate Council of Ontario (RECO). That’s why working with a real estate professional provides buyers and sellers with three pillars of protection: Knowledge, Professional Standards and Insurance. KnowledgeReal estate professionals must complete courses before they can enter the real estate …

Posted in Buying and Selling