Purchasing your first home is an exciting and monumental step, filled with dreams of finding the perfect place to call your own. Imagine a cozy condo nestled in the heart of the city, where modern amenities and vibrant urban life are just an elevator ride away, a charming townhome offering a balanced blend of community and privacy with shared spaces that foster a sense of belonging, or a spacious detached home where you can relish in the tranquillity of your own yard, free to customize every... [read more]

Despite rising housing costs and affordability challenges, young Canadians are steadfast in their pursuit of homeownership. Key points include: 1. Prioritization: Young Canadians under 30 are prioritizing homeownership over other major life events, such as weddings, with 78% of single or unmarried individuals focusing on saving for a mortgage. 2. Affordability Concerns: While 72% of this group believes homeownership is becoming unattainable due to high costs, they still view it as crucial... [read more]

We are diving into some of the best neighborhoods in Toronto for walkability, affordability, and overall livability. Whether you're a local resident or thinking about moving to this vibrant city, these neighborhoods offer a perfect blend of convenience, charm, and community. Let's start with Roncesvalles Village, a hidden gem in Toronto's west end. Known for its charming streets and vibrant local businesses, this neighborhood is perfect for those who love to walk. With... [read more]

You have found the ideal home. It could be the home you want to live in or one you’re hoping to use as an income property. It could be a condo, house, or duplex. There’s just one issue – there are renters already living there. What do you do with the existing tenants? Buying a home with tenants is a unique scenario. The transaction goes beyond the typical buyer and seller arrangement. It can be an especially complicated scenario for the buyer. There is a lot to consider,... [read more]

It’s a question more homebuyers and owners have been asking: how will the BoC interest rate impact my mortgage? The Bank of Canada’s interest rate roller-roaster ride began in 2020, with a trio of interest rate cuts in response to the pandemic-induced economic shut-down, followed by a tightening campaign over the last year, in an effort to cool soaring inflation. Now that inflation is nearing the Bank’s two-per-cent target, the expectation of downward movement is... [read more]