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The Complete Guide to Easements in Ontario

By |2020-05-07T22:53:41-04:00May 9th, 2020|All Posts|

Contrary to the popular saying, what you don't know CAN hurt you. If you're looking to buy Real Estate in Ontario, make sure you know what you're getting. Failing to do the proper research could lead to you getting more than what you bargained for. An undiscovered easement on a property could turn a prime [...]

Toronto Real Estate Market Snapshot: April 2020

By |2020-05-07T21:55:15-04:00May 6th, 2020|All Posts|

Members of the Toronto Regional Real Estate Board reported 2,975 transactions in April 2020, down 67% year over year. The complete slowdown in sales was buffered by the lack of new product, with only 6,174 new listings, or a similar decline of 64%. Toronto Real Estate prices fell 9% this month, down to $821,392. Although [...]

Eat Local: COVID-19 Takeout Guide

By |2020-05-01T13:02:29-04:00May 6th, 2020|All Posts|

COVID-19 continues its relentless attack on the Toronto Restaurant Community. With 1 in 10 restaurants in Toronto already closed, it's more important now than ever before to support Toronto's Restaurants. To see which restaurants remain open and ready to serve you via takeout and delivery during COVID-19, check out Take Out COVID, an initiative by [...]

5 Ways to Tour Houses during COVID-19

By |2020-04-30T18:31:11-04:00May 2nd, 2020|All Posts|

As we continue to follow the advice of our public health officials, most residents in Toronto and around the world are continuing to stay inside. In Ontario, the Government announced that, although Real Estate is still deemed an essential service, open houses are prohibited. Even when these restrictions are lifted, it may be a while [...]

GTA Sees Increase in Retail Investment Sales During Q1 2020

By |2020-05-01T17:08:03-04:00May 1st, 2020|All Posts|

Investment Retail sales volume in the GTA Reached $531M during the first quarter of 2020. This figure is up by 12% ($59M) compared to the first quarter of 2019, according to data released by Altus Group. While the quantity of investment transactions increased between 2018 and 2019, total dollar volume fell by 7%, or $183M, [...]

Cresford Developments and Questions about Receivership

By |2020-04-30T18:21:44-04:00April 30th, 2020|All Posts|

With the recent announcement of Cresford Developments entering into receivership, there is valid concern regarding potential scenarios in which a pre-construction purchase encounters a similar scenario. After all, its hard to believe that three luxury developments (The Clover on Yonge, Halo Residences, and 33 Yorkville Residences) could undergo bankruptcy. Recent sales figures released for the [...]

Effects of COVID-19 on the Toronto Real Estate Market

By |2020-04-08T13:51:40-04:00April 4th, 2020|All Posts|

With the Release of the Toronto Regional Real Estate Board's March sales data, we can already begin to see how COVID-19 is impacting the market. March saw strong sales numbers in its first half. However, as governments urged residents to stay home, the market began to cool. Sales Activity reported by TRREB showed 8,012 sales [...]

“Cityplace Superclub” by Harbour View Estates lives up to the Hype

By |2020-04-03T11:09:25-04:00April 3rd, 2020|All Posts|

When searching for the perfect condominium, the unit isn't the only thing you want to consider. Location, amenities, security, and availability of concierge services all play an important role in determining the perfect sky-dwelling. Harbour View Estates knows this all too well. With their extensive and immaculate array of amenities, the "Cityplace Superclub" provides an [...]

I Can’t Pay my Common Expenses…Now What?

By |2020-04-01T12:47:16-04:00April 1st, 2020|All Posts|

There's no doubt that the world has entered an extremely uncertain time. With the COVID-19 Pandemic and Ontario's declared State of Emergency, many condominium owners are facing financial uncertainty. Among the list of bills piling up is the Common Expenses fee charged by the condominium corporation. What happens if you're unable to pay this fee? [...]