By: Yathavann Selvarajah

Mortgage Pre-Approval and Approval

Tags: getting a mortgage, GTA HOMES, HOMEBUYERS

Unless you have the needed cash to buy a home, you will have to go for a mortgage if you intend to buy a home. Of course, in the light of the latest events, like the interest rate hike and the new stress test, many potential homebuyers postpone their visit to the lender’s office and skip getting a pre-approval as they rather deal with that later.  It may not be mandatory to get a mortga...Read More

By: Yathavann Selvarajah

In Which Toronto Neighborhoods Did Prices Grow The Most Last Year?

Tags: Price growth, Toronto neighborhoods, condos

2017 saw record-high prices in the Toronto real estate market as a whole, but there are still some neighborhoods that stood out with a particularly rapid price growth last year. If you are a homebuyer looking for a place in Toronto right now, you probably want to know where you can find condos with a higher-than-average market value. Let's take a look where they can be found. The Waterfront T...Read More

By: Yathavann Selvarajah

Market Update May 2018 - Real Estate Stats for the City of Toronto, Brampton, Mississauga, Pickering, Ajax and Whitby

Tags: MARKET UPDATE, TREB DATA, MAY 2018

Let’s take a look at the data for detached, townhouses, condos, etc., for last month for the City of Toronto, Brampton, Mississauga, Pickering, Ajax and Whitby. Compared to April, sales have gone down in some areas, while prices have gone up like in the City of Toronto, Brampton, and Pickering. Meanwhile, in Mississauga, both, the number of sales and average price have gone up. Take a look a...Read More

By: Yathavann Selvarajah

Market Update April 2018 - Real Estate Stats for the City of Toronto, Brampton, Mississauga, Pickering, Ajax and Whitby

Tags: Market Update, TREB Data, April 2018

Compared to last month, an increase in the number of sales has been noticed in April 2018, which means the spring season has officially began. Let’s take a look at the data for detached, townhouses, condos, etc., for the City of Toronto, Brampton, Mississauga, Pickering, Ajax and Whitby. Mos tof the communities have seen a small increase in prices as well.         ...Read More

By: Yathavann Selvarajah

Are Toronto Neighborhoods In a Buyer’s, Seller’s or Balanced Market?

Tags: Toronto neighborhoods, real estate market, market shift

The summer of 2017 accounted for a shift in the market with inventory going up while sales started to drop after the New Housing Plan took momentum, shortly followed by interest rate hikes. Suddenly, the roles reversed, and buyers have become the ones setting the tone in the market. Not to get it wrong, the sale prices were still considerably high, but buyers came to have more options as bidding w...Read More

By: Yathavann Selvarajah

Market Update - Real Estate Stats for the City of Toronto, Brampton, Mississauga, Pickering, Ajax and Whitby

Tags: Market Update, TREB DATA, MARCH 2018

How did the prices look in March after a long winter? How do the prices differ from city to city and community to community? Let’s take a look at the data for detached, townhouses, condos, etc., for the City of Toronto, Brampton, Mississauga, Pickering, Ajax and Whitby. We can clearly see that the City of Toronto and Mississauga are the only ones where the price range exceeds $1 million for ...Read More

By: Yathavann Selvarajah

Why Is Brampton One The Most Desirable Places In The GTA?

Tags: Life and Real Estate In Brampton, GTA Housing

The price hike in the Toronto market has also contributed to price increases in the nearby communities. Namely, many buyers started to look for alternative communities outside Toronto once they noticed that they'd been priced out of the market. The result was an over-demand in those communities as well, but they still remained more or less affordable compared to Toronto. One of the most popula...Read More

By: Yathavann Selvarajah

Home Insurance In Ontario. What Does Basic Insurance Cover?

Tags: Basic Home Insurance, Ontario, Standard Policy and Add-Ons

Most Ontario homeowners with home insurance believe they are covered for almost any kind of damage to their home, whether it’s a burglary or flood, but the truth is that coverage by insurance companies is limited if there are no additional extensions to your basic home insurance. Insurance policies may offer peace of mind and security, but homebuyers need to know their limitations. For examp...Read More

By: Yathavann Selvarajah

Child-Friendly Homes

Tags: Homebuyers, family, perfect family home

Children are adorable and they can put a smile on your face in a second, but they also like to create a mess. The household dynamics changes completely when young children start to explore their surrounding in and outside the home. Young parents try to adapt their lifestyle to the little ones as much as possible, but what tricks can help you maintain your home? How to create a child-friendly space...Read More

By: Yathavann Selvarajah

What Other Costs Come With The Mortgage When Buying A Home?

Tags: CLOSING COSTS, MORTGAGE, HOMEBUYERS,

Canadian homebuyers were faced with yet another 0.25% interest rate increase last month, which makes it the third one since summer. While they are figuring out how they are going to qualify for a mortgage under the new stress tests, they shouldn’t forget about other, the so-called closing costs that come with buying a home. Credit report copy Costs to get a copy of your credit report are ra...Read More