THE VAULT2021-08-21T10:40:49-04:00

THE Blog VAULT

My philosophy is that information is power. I want you to be equipped with all the details you need to make informed and strategic decisions. Take a dive into The Vault below!

Curb Appeal Alert: Three Surprising Updates to Get the Best ROI

Curb Appeal Alert: Three Surprising Updates to Get the Best ROI Curb appeal. There’s no doubt it plays a major role in selling a house. However, one thing I’ve learned about curb appeal is that some exterior upgrades pay off more than others. Here I look at three surprising exterior updates you can make to get the best ROI. 1. Garage Doors Although not a lot of homes in downtown Toronto have garages, if you’re one of the lucky homeowners that do, this is the number one exterior upgrade to see the best ROI. Garage doors cover a large [...]

Categories: Home Care|

Should We Call Foul on the Ontario Government’s Plans for Affordable Housing?

Should We Call Foul on the Ontario Government’s Plans for Affordable Housing? With Ford securing another majority government, it’s time to take a long hard look at some of the more controversial items presented by the Housing Affordability Task Force. As we sit on the brink of seeing legislation passed for the “More Homes for Everyone Act” it pays to understand the why’s behind some of the more controversial recommendations on the report. Challenging Current Zoning Laws As a real estate agent, I can see where homeowners would be up in arms over potential changes to current zoning laws. [...]

Categories: Market Insights|

May Market Report – Buyers Respond to Borrowing Rates

May Market Report – Buyers Respond to Borrowing Rates Could it be the Bank of Canada’s strategy to increase borrowing rates is helping to cool the market? This is the second month we’ve seen price declines month-over-month, bringing the average price down to $1,212,806 for May. That said, when looking at Toronto housing prices year-over-year, we’re still seeing an increase of 9.4% from last May’s $1,108,124. Who would have thought looking back on it now that $1.1 million would sound low? But it’s not just price showing us borrowing rates are influencing buyers. Sales reached a 20-year low of [...]

Categories: Market Insights|

What is the Toronto Vacant Home Tax and Who Will Have to Pay It?

What is the Toronto Vacant Home Tax and Who Will Have to Pay It? It seems politicians are often introducing taxes and regulations to address the housing shortage that don’t really pan out as we’d hope. However, one move that might make a difference is the Toronto vacant home tax. Here I look at what the vacant tax is and who will have to pay it. What is the Toronto Vacant Home Tax? The new tax applies to homes sitting unoccupied for more than six months of the year. It does not apply to principal homes. The goal is [...]

Categories: Market Insights|

Toronto Gets Back to Its Old Self with these 2022 Summer Events

Toronto Gets Back to Its Old Self with these 2022 Summer Events Hey Toronto! This summer looks like we can finally enjoy the summer events we’ve come to know and love. Here are the 2022 summer events you can enjoy once again as Toronto gets back to its old self. Doors Open May 28 and 29 This is your chance to get an up close and personal look at those buildings you walk by every day. If you love architecture, take advantage of the opportunity to check out historical buildings that you usually wouldn’t be allowed to enter. Pride [...]

Categories: Community|

How the Inclusionary Zoning Policy Might Cost the Average Home Buyer or Renter More Money

How the Inclusionary Zoning Policy Might Cost the Average Home Buyer or Renter More Money Toronto’s inclusionary zoning policy (IZ) is intended to address a lack of affordable housing for sale and rent. This is a good thing on the surface. However, although it could help provide more affordable housing for both buyers and renters, it is more likely to pose issues. Here I look at the IZ policy and explain why it could have the opposite effect on housing affordability. What is the IZ Policy? The IZ policy requires condo developers with 100 or more units to provide [...]

Categories: Market Insights|
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