You have enough put aside for a sizable downpayment for a condo your Realtor just found for you. The location, the amenities, the set up - everything about the condo is perfect. You can’t let this one go. But can you really afford to buy it considering all of the new expenses you’ll have? Well, for [...]

The Toronto Real Estate Board (TREB) is asking city councillors to walk their talk by rolling back the Toronto land transfer tax while keeping property tax increases in check. Last fall, city council approved the implementation of the Toronto land transfer tax, as well as a motion committing to reduce it by $50 million once the [...]

I want to buy a house, but I don’t know if I’ve got enough money. How much do you need for a down payment? Not to fret. These days, a down payment isn’t even required when you buy a house. If you meet approval requirements, all you really need is to cover the closing costs. [...]

You’ve probably heard that you can boost the value of your home by renovating or updating around the house. But which do-it-yourself projects will give you the most bang for your buck this spring? According to experts, some of the best fixes are the simplest ones: Paint – A fresh coat of paint can [...]

According to the statistics for the GTA, 3,955 resale homes were sold in the first two weeks of April. This is a 5% drop when compared to the figures last year at the same time. Though the average price has risen to $399,117 and the number of homes on the market is 1% greater, properties are [...]

Want to buy a place but think you won’t get approved for a mortgage? Here’s a common question from one of our readers. For someone that does not have great credit are there options for getting a mortgage? Bruna, our Financial Representative, says: I genuinely appreciate the question as most people want to ask but don’t. 9 out of [...]

How do you recommend finding out if the condo we want to purchase is affordable? How do we find out the different fees/bills that we’d be incurring, in addition to new ones? Also, can you recommend any seminars that offer tips on purchasing a condo, especially a resale one? Good tip about reading the [...]

With an RBC Royal Bank® variable rate mortgage, your payment amount stays fixed for the term; however, the interest rate will fluctuate with any changes in the RBC® prime interest rate*. This means that your monthly payments will remain the same, but if our prime rate goes down, more of your payment will go toward your [...]

Unless you’re one of the lucky ones, for most homebuyers, a little financial assistance is needed when purchasing a home. This financial assistance is known as a mortgage.

King West Village is attaining high-class status in leaps and bounds. New investments are pouring into this formerly strictly working class area that once housed mainly factories and warehouses.   Today’s King Street West is home to Victoria and Georgian-style townhomes, spectacular lofts and condominiums and a nice mix of bohemian and mainstream retailers.   Among the recent projects [...]