This article written by Baron Alloway originally appeared on Storeys.   Enroll in any Economics 101 class and the first lesson you will learn is the Law of Supply and Demand. This common sense axiom drives virtually every aspect of our society today. If you’re not familiar with the idea, here’s a 10 second crash [...]

When looking to purchase Residential Real Estate, the two most common products available on the market are Freehold and Condominium. These two terms, ubiquitous in the Toronto Real Estate market, might seem to be the only two types of land interest there are in Ontario. However, in rare circumstances, one might encounter a freehold or [...]

The Toronto Real Estate Market Continues its Upward Tear. The weather doesn't seem to be the only thing unseasonably warm this year. The Toronto Real Estate market reported its continued exponential trend. Overall, sales were up by 42%, with prices rising 5% when compared to the month prior.   Download the Market Snapshot graphic. What [...]

If you’ve bought or sold a resale home in Ontario, chances are you’re familiar with the standard-form Agreement of Purchase and Sale by OREA. This agreement is widely used by many Real Estate practitioners across the province...myself included. The Agreement provides a thorough and easy to understand agreement for buyers and sellers. Included in this [...]

Or, Why You Can’t Sell your Home, Unless You Can. Since the posting of our Complete Guide to Easements in Ontario, we continually field calls from homeowners with land division questions. Property owners in Ontario continually request modification, creation or deletion of easements. The general consensus from the population at large seems to be: “If [...]

Basement Apartments are growing in popularity in Ontario. For the homeowner, a basement apartment represents the opportunity to make a little extra money, pay off the mortgage quicker, or perhaps more room for extended family. Those getting started in life typically prefer basement apartments for their lower entry cost and lack of maintenance. But is [...]

Before buying a property, it's important to investigate all angles. You've likely heard it said: "Location, Location, Location." Todays buyers are constantly reminded that, while one can modify structural deficiencies and irregular layouts, location of Real Estate never changes. Proximity to public services, such as transit and healthcare can be a large convenience and make [...]

The Guide to Condo Ownership The process of buying a condo in Toronto is romanticized. Movies, TV, and commercials, while enticing you into the process, fail to illustrate the grueling effort required to make your dream a reality. Most first time homebuyers in Toronto are condo buyers. The lower entry price point of a condominum, [...]

To say the that the current COVID-19 global pandemic has affected every economy in the world would be no understatement, and the real estate market is no exception. As if this wasn't bad enough, difficulty in analyzing the extent of the pandemic's longer-term effect on the market is exacerbated by the contradictory opinions from experts [...]