Unzippering the two economies is not going to be an easy feat. Initially the economists seem to all agree that mortgage rate will stay the same or go even lower due to the uncertainty. And Canada falls right in that pile with everyone else. 

 

Possible impact of Brexit on mortgage rates?

This recent article, the Washington Post explains how they feel the American economy will be affected.:

“Brexit has spawned the recent bout of volatility in global financial markets. That has anxious investors scurrying for safety -- and few assets are safer than U.S. Treasuries. High demand for government debt pulls down interest rates.

That all translates into ultra-low mortgage rates for American households. And with Britain voting for Brexit, they…

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This is not a political decision we are asking for here.

#wegetyoumoving and we would like to help you decide whether it is time for you to move or not.

Do we stay or do we go? When you first bought your home you may have thought this is a good start but someday you want your dream home. With today's hot Real Estate market in Etobicoke especially Central and South Etobicoke combined with low-interest rates and your equity built up in your first home there are a lot of pluses to mull over. Will the market change? The government are concerned so interest rates may start to go up. But the rest of the country isn't seeing the type of numbers that Vancouver and Toronto are. Immigration looks to be continuing with no slow down in sight. And that is…

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What is a home evaluation?

A value based upon data provided about your home.

Are They Free?  

Yes and you will find that many Real Estate agents as well as Real Estate websites will provide them in exchange for information

 Who does them? 

Software with Real Estate data and Real estate Agents, representatives are the most common providers.

Are They accurate?

Depends, Read on...

How do they work?  Click this link and we will show you.

A little knowlege can be a scary speculative thing. Free evaluations are everywhere and whether its your desktop or your phone they are easy to get. It can be quick and/or just a way to get your level of interest. But what are they based on. You need to know what those homes had that…

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The New Frontier of Home Renovation

Have you ever wondered what makes a person take on the enormous task of taking a dilapidated money pit of a home and envision a profit making project. Where design, know-how, and financing are all brought together. You think pioneers from the old fronteir had it hard! Wait till you start to throw in factors like time, government and suppliers and labourers. And after all this the marketing and sales anguish and pain heaped with criticism and afterthought.

It ain't easy.

But when you see the fruition of your time and labour from the enormity of your task it can be a invigorating or not and the time it zaps can be a great learning tool. You were living on the edge, you made the jump and now you wait . You wait to…

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May 11 -14 2016 marks our High Schools 50th Reunion and I'm sure there are a lot of questions circling around what to do , how do they work, what to wear, how to plan and what is your favourite Re-Union Moment. Your old friends vs your Facebook Friends and hopefully how the twain shall meet.   5 Decades of people living in your proximity coming together all in one place "The PUB NIGHT". People you may know , you may not know, you want to know, or people you may have given the fickle finger of fate or yesterday's version of road rage. YIKES!!!. 

 I remembered our 25th/35th reunion a few years ago: the anticipation, the surprises and disappointments, the awkward conversations and instant reconnections, old jokes and new laughs, getting drunk, singing…

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  What a lovely family! They don't look like they are discussing buying a home, yet!

 

Here's the thing.  Living in Toronto specifically Etobicoke we have heard from the media and friends about certain home transactions going into bidding wars and selling for "over asking". As of late this has become a marketing strategy by most agents. They list your home with an aggressive  price in hopes of exciting many buyers to the offer table. The ones that excite are fetching higher than average results for the market. Low inventory , low-interest rates and immigration all add to the increasing prices.

You might ask "Well where does the money come from?" Hopefuly the Bank but there is the down payment and closing costs which may bring us to The Bank of…

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Etobicoke is full of old wartime bungalows that at one time entire families lived in. Years ago families required less living space. More time was spent outside the home therefore, mega-McMansions weren’t necessary. Now we have more stuff, bigger stuff and everyone requires there own living space. Sharing bedrooms, TV’s etc is unheard of.

 

 

I recently came across a listing that completely reimagines old wartime bungalows. 86 UNO DR appears to have been gutted from its original layout. It is no longer anywhere near being a home for a family, which is fine because families these days require much more square footage. This is definitely a home for a single person or childless couple. 44 Treeview Dr. There were many different plans as you will see…

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YELP for HELP!

 

It should read 10 Closest in Proximity to Etobicoke as only 3 are actually in or close to the border. The Closest Hospital to Central Etobicoke is Etobicoke North General / William Osler Health. This location is in North Etobicoke across from Guelph-Humber College on Hwy 27 North. Across from Sherway Gardens is the Trillium Health Centre down in South Central Etobicoke. St. Joseph's is South East border of Etobicoke/Toronto on The Queensway at Roncesvalles. 

YELP offers up reviews of all sorts of businesses and I found it intriguing that some people have chosen to review a hospital. Some favourably, some not so. in an Inside Toronto article reporting on a recent Health Forum meeting of the following panel members and Public.…

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In a recent study sponsored by Toronto Life in 2014 Toronto's Best and (Worst) Places to Live  our city of Toronto was broken down into 6 categories. 

Housing, People, Crime, Money, Schools and Transit. This blog will feature where we as Etobians rank in the top percentages or numbers in all of the categories researched.

Housing points out that the fewest number of Condos are in the super suburban pocket of Princess Rosethorn. The most 3 bedroom homes,52% are in Eringate Centennial Park district in West Etobicoke.

Kingsway South has the most expensive Real Estate in the west end of the city(west of Yonge Street) at $1.4 million and climbing. The best housing stock (homes that do not require major repair) ranks Princess Rosethorn at 97.6%…

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