Canada Mortgage and Housing Corporation (CMHC) is a Canadian Corporation that offers mortgage liquidity, housing assistance, advice, and research assistance to the Canadian citizens, the government, and the real estate industry. The CMHC is a crucial part of the Canadian administration because it administers the Covered Bond Legal Framework. Its key responsibilities are to register and maintain a list of issuers and programs and set up the Covered Bonds Guide. It is dedicated to helping... [read more]

At a glance, it looks like a simple yes or no question: Should you invest in a parking spot in your condo? Do you have a car? yes. Don’t have a car? no. Unfortunately, the answer is much more complicated, especially when you factor in the pros and cons, the potential cash flow that comes with owning a parking spot, and the underlying costs. Whether you want a parking space for your own car or are looking to monetize your investment by renting out the spot to someone else,... [read more]

Buying a condominium is a huge decision and requires a great deal of thinking. There might be plenty of factors that you might be considering before you decide on one of the Toronto condos. What do you look for? Is it a fancy ambiance? Do you desire a modern kitchen and luxurious space in your condo? Many look for breath-taking views, ample amenities, proximity to their workspace, and other necessities too. One of the crucial and most trending ones is the environment-friendly approach.... [read more]

Summer is already upon us in full bloom and like me, you may be daydreaming of lazy sultry afternoons, lounging idly with a good book in your lawn chair, an icy margarita in your hands, basking in the sun away from the prying eyes of your nosing neighbors. But wait, don’t you live in a condo where privacy on a balcony is just a pipedream, where you don’t even know what to do with the little outdoor real estate you are given. However, regardless of the size of your condo, a... [read more]

Buying your dream condo is exciting, but it is also a significant long-term investment. This tedious process involves many steps, procedural formalities, the law of real property, and, thus, demands a real estate lawyer. With all the legal issues and last-minute disputes involved in the closing process, a lawyer comes in handy. Once you have hired a real estate lawyer, you do not have to worry about legal matters. They offer a vast array of services that help clients in purchasing or... [read more]

As the Ontario economy begins to re-flourish and the Toronto real estate market ‘unpauses’, we are finding ourselves unceremoniously chucked into a post-pandemic word. We are all struggling to embrace a way of life and ease into the new norms, including how our condos and sold and bought. If you are trying to sell your condo in a post-COVID world, here’s what you should know. Prepare Your Home The importance of prepping your condo for sale extends in a COVID-19... [read more]

The dreamy Toronto condos can seem to be no-brainers at first glance. You have spent an eternity trying to find the ideal condo, and now that it is in front of your eyes, you feel hesitant. The status certificate sets a frown on your forehead as you realize that the condo's board is facing litigation. In this sticky situation, is it right to go ahead with an offer, or should you take to your heels? There are so many aspects to consider before you decide to buy a condo that has a risk... [read more]

Buying your first home comes with many big decisions, and the prospect is as daunting as it is exciting for first time buyers. Before you know it, you will get swept up in the whirlwind of home shopping and fall prey to common mistakes that would come back to haunt you as buyer’s remorse later. Since homeownership has many far-reaching implications, you need to make the most rational decision possible, which is where a little knowledge and preparation can set you up for success.... [read more]

All condos owners are entailed to maintain common areas and assets of their condo buildings through provision of a regular monthly fees, more commonly known as the condo maintenance fees. While these regular fees have the potential to prevent sudden, unexpected costs, and may also cover things like security, utilities, contingencies, and amenities, there is also a lot of misconceptions around them, which makes many condo owners wary of paying their dues. However, the fact of the matter is... [read more]

  Plenty of stunning projects are coming in the city of Toronto that will soon be enhancing the real estate market of the region. A lot of international architects and firms are bringing in their experience in some of the most anticipated constructions. Right from the stacked renderings of U of T's School of Cities by Diller Scofidio to the Sidewalk Toronto’s proposals by Thomas Heatherwick, there are some amazing projects upcoming in Toronto. These projects won't... [read more]