With the high demand for real estate in the Greater Ontario Area, it has become very common for there to be multiple offers and bidding wars on properties. In turn, this has given rise to many pre-emptive or “bully” offers, with buyers looking to get in ahead of the bidding war. This situation may be […]
Renting vs Buying a Home: Which is the best move?
One of the most common questions asked about real estate is whether it is better to buy or rent a home. Unfortunately, there isn’t a fixed answer when it comes to renting vs buying. However, there are some general rules that can help you find the right answer for you… Rent or Buy: The Financial […]
Your First Home Purchase: A Guide to Federal Tools and Credits
GREATER TORONTO – If you are considering buying your first home in 2017, you are not alone. Far from it, in fact – an October 2016 poll commissioned by the Toronto Real Estate Board (TREB)* revealed that first-time buyers will likely account for more than half of 2017’s home sales across the GTA. While the […]
Electric Car Parking: Not Just for Houses
GTA high-rise developers incorporate charging stations into new developments GREATER TORONTO – When Minto Westside launched back in 2015, it offered an unusual incentive for buyers: the first 20 to purchase parking spaces with electric vehicle chargers, would receive a free Nissan Leaf with their purchase. Minto, a long-time national leader in building sustainability, knew […]
First-Time Buyers Driving Property Markets: CAAMP
TORONTO – A new survey-based report, issued by the Canadian Association of Accredited Mortgage Professionals, has revealed new insights on the decision-making process, as well as financial parameters, of home buyers across the country. Completed in June 2015, A Profile of Home Buying in Canada was based on a survey of more than 800 Canadians, […]
Conditional Offers in Ontario Real Estate
GTA REAL ESTATE – If you have ever purchased a property in Ontario, you may have heard the term “conditional offer” when working with your sales representative or broker. If so, you’re not alone – making a conditional offer is one of the most common practices in Greater Toronto real estate transactions. As long as […]
Toronto Real Estate Tips: Buying a Church or Industrial Conversion Condo
TORONTO – No matter which part of Toronto you’re condo hunting in – whether it’s Liberty Village, the Beaches, the Distillery District, or further midtown – conversion condos and lofts are all the rage as architects and developers rush to reclaim and refurbish the GTA’s unused historical properties. A good real estate sales representative or […]
Fixed-Rate Mortgages: an Attractive Option for First-Time Home Buyers
GTA REAL ESTATE – For someone planning on entering the Toronto area’s real estate market for the first time, choosing a mortgage can be a tough decision because of the various options available. You can pick and choose your amortization period, the amount you’re willing (or able) to put into your down payment, and – […]
Toronto Condo Project Spotlight: Harbour Plaza
Location, Convenience, and Comfort in the Heart of Toronto’s Waterfront TORONTO REAL ESTATE – At our New Home Expo back in February, Menkes Developments was certainly one of the most popular booths – featuring an array of stunning downtown condo projects that included Fabrik, Noir and 365 Church. This week, we were thrilled to receive […]
Neighbourhood Profile: Bayview Village
North York’s Hub of Urban Sophistication Continues to increase its Condo Offerings NORTH YORK REAL ESTATE – With its quiet residential streets full of green spaces, quality schools, and gorgeous detached homes, Bayview Village has always been a hot destination for home buyers. Featuring a world-class shopping centre and direct access to the TTC’s Sheppard […]