The RRSP Deadline is Coming up!
The deadline to make contributions to your RRSP is March 3rd! Take a few minutes to learn more about where that money is going and what you can do with it.What are RRSPs anyway?RRSP stands for “Registered Retirement Savings Plan.” This program allows you
Is it Time You Thought About Downsizing?
Condominiums are the bookends of homeownership: for many people, they make the most sense as first-timers and later, as downsizers. Both demographics are generally more cost-conscious than those in between, less likely to be living with children, and
Demolition Begins at Alexandra Park in Toronto!
Feb. 11, 2014 was an exciting day, not only for Tridel, Toronto Community Housing (TCH), and the Atkinson Housing Co-operative, but for the entire City of Toronto. Demolition for Phase 1 of the Alexandra Park revitalization in Toronto commenced!Dianne
A New Reason to Buy New: “Third-Hand Smoke”
Image via CTV (AP Photo/Dave Martin)Should you buy a new home or resale? The age-old question leaves most prospective homebuyers on the fence. Well, thanks to the National Post, we’ve discovered a new reason to buy new!What is third-hand smoke?According
Top 10 Things to Look for in a Pre-Construction Condominium
By Barbara LawlorThe decision to purchase a new condominium in the Greater Toronto Area is a wise one, with a multitude of choices out there beckoning with incredible beauty and value. There are always completed inventory suites available for those who
How Much Money Did the Average Canadian Household Save in 2013?
Recently, Bank of Montreal (BMO) released its second annual BMO Household Savings Report. Based on the polling of 1,002 Canadians conducted by Pollara, BMO highlights the average savings of Canadian households in 2013, how much we plan to save in 2014,
First-Time Buyers Program at Hampshire Mews in Richmond Hill
As veteran industry consultant, Barry Lyon, stated a few weeks ago, it’s looking like 2014 will be the “year of incentives,” where builders and developers will alter their marketing strategies to appeal to first-time buyers and end-users. Just last week,
Buying a Home with Bitcoin?
Before we jump into this, let’s make sure everyone understands what Bitcoin is.Bitcoin is a peer-to-peer digital currency. There’s no cash, tokens, or anything physical involved. There is also no government body powering it, so the value is determined
Reasons to Buy a Home in the Winter
A recent blog post by Genworth Canada listed a few reasons why buying a home in the winter might be the right decision for you!The reasons are listed below:Your real estate agent’s full attentionWinter is traditionally a slow time in the real estate
What does 2014 Hold for Toronto’s Condo Market?
According to a recent article in the Toronto Star by Susan Pigg, Toronto’s condo market is in for another interesting year. Simply put, closings will be high, sales will be low.Are you ready for closing costs?According to RealNet, $25 billion worth of
