Discover the key methods for evaluating your condo's worth in Toronto, understand current market trends, and get expert advice to maximize your property's value in 2024. Determining the value of your condo in Toronto can be a crucial first step whether you’re planning to sell, refinance, or simply understand your property’s position in the market. In 2024, with the real estate market experiencing fluctuations and condo prices dropping by 5.3% year-over-year,... [read more]

Understanding Monthly Mortgage Payments for a $500,000 Home Buying a $500,000 house in Toronto comes with significant financial commitments, and the monthly mortgage payments will vary based on the interest rate and amortization period you choose. For a typical 5% interest rate and a 25-year amortization period, your payments will be around $2,908 per month. However, a 30-year amortization will lower your monthly payments to $2,668, though you will pay more in interest over the... [read more]