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Matrimonial home, or not? A $500,000 question

In some circumstances a cottage can be considered a matrimonial home in the event of divorce. A matrimonial home is recognized as a very special asset by the law in Ontario. That means that if the home is sold, it will usually be divided equally between the married couple, regardless who paid for it. Even

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How to sell your Etobicoke home during the holidays

Savvy buyers know the holidays can be a great time to buy a home in Etobicoke. Savvy sellers will heed the following advice on showing and selling their Etobicoke homes during the holiday season. If you decorate for the holidays, keep it simple.  Too many decorations can make your etobicoke home look cluttered, which is

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The November Real Estate Report is out for New Toronto and Mimico

Greater Toronto Area (GTA) REALTORS® reported 6,896 transactions through the TorontoMLS system in October 2012 – a decrease of 7.1 per cent compared to October 2011. There were two more business days in October 2012 versus October 2011. On a per business basis, transactions were down by 15.6 percent. Click on the latest issue of Your

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What Does it Cost to Buy a Home In Etobicoke?

If you are thinking about buying a home in Etobicoke, it is good to know what some of the upfront costs will be.  Typically, there is a one-time cost as well as monthly expenses to consider.  The down payment usually represents between 5 to 25% of the purchase price of the property and will be your largest

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When can you walk away from a house deal?

Be sure you fully understand the details before closing a real estate deal. Putting your home up for sale can be a tough decision, but once made and the ball is rolling, you may not be able to change your mind. Last week’s column about a $3.3 million home sale that went wrong for the

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Recently Sold

10 Ruthven Place, Toronto, Ontario

OVERVIEW –  Bright & Stylish Renovation with Charming Front Verandah, Tucked Away on a Private Side Street.  Extensively Renovated from Top to Bottom with Gorgeous New Maple Hardwood Floors Thruout(2012) Open Concept Main Floor with Built-in Pantry, Fireplace and Walkout from Kitchen to Large 18 x 18 Ft Deck! Two New 4 Pc Baths, Master

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Pricing Your Etobicoke Home Right

Since I’ve been back from vacation, I’ve had time to catch my breath and take in the change of season. The weather is cooler, the leaves have fallen and the trees are almost bare. I have also noticed a lot of “For Sale” signs out there in Etobicoke. Have you noticed them too and wondering

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The Real Estate Market update according to the Toronto Real Estate Board

Jason Mercer, TREB’s Senior Manager of Market Analysis, provides his latest market update and outlook through 2013. This update/outlook contains historical analyses and forecasts for TorontoMLS sales and average selling price.  A substantial amount of time is spent breaking down market conditions for low-rise and high-rise home types to explain emerging trends for price growth. 

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