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Toronto Real Estate Sales Up Mid December

John Pasalis in Toronto Real Estate News

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Will cheaper access to justice mean more litigation?

Bob Aaron in Legal

With less than a month to go, the Ontario court system is in for one of its biggest shake-ups in recent memory.

Effective Jan. 1, 2010, the monetary...

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Media Roundup December 11th 2009

Media Roundup

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Media Roundup December 4th 2009

Media Roundup

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A Glimmer of Hope for Toronto Home Buyers

John Pasalis in Toronto Real Estate News

The Toronto Real Estate Board’s November Market Watch report showed the first sign that some relief might be on the way for Toronto home...

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Will kits can create recipe for disaster

Bob Aaron in Legal

Whatever money Pauline Rudling saved by using a will kit instead of a lawyer to prepare her last will and testament was spent hundreds of times over on legal...

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More Transparency Needed in The Real Estate Industry’s Multiple Offer Process

John Pasalis in Toronto Real Estate News, Home Buying Tips

The Real Estate Council of Ontario (RECO) recently published a brochure with some consumer focused information about...

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Media Roundup November 27th, 2009

Media Roundup

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Court ruling rattles home inspectors

Bob Aaron in Legal

The home inspection industry in Canada may never be the same again following the decision of the British Columbia Supreme Court last week in the case of...

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Media Roundup November 20th 2009

Media Roundup

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Toronto Real Estate Sales up 84% First Half of November

John Pasalis in Toronto Real Estate News

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Putting property in children's names is risky

Bob Aaron in Legal

There's a common misconception that the best way to avoid Ontario's 1.5 per cent probate fees on the value of an estate is to place the family home and other...

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Media Roundup November 13th 2009

Media Roundup

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Buyers hit with big bills for surprise adjustments

Bob Aaron in Legal

As many as 244 purchasers received a nasty surprise at the end of September when they got hit with thousands of dollars in "fictitious" charges on final closing...

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Media Roundup November 6th 2009

Media Roundup

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Competition in the Real Estate Industry – This Entrepreneur’s Perspective

John Pasalis in Toronto Real Estate News, Real Estate Trends

In case you missed the headlines earlier this week, after a two-year investigation into Canada’s real estate brokerage...

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Toronto Real Estate Sales Statistics for October 2009

John Pasalis in Toronto Real Estate News

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Toronto Real Estate Prices up 9.4% in 4 Months

John Pasalis in Toronto Real Estate News

Toronto real estate prices increased by 9.4% in just four months according to the Teranet National Bank House Price Index.

The House...

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Rules on terminating a deal all over the map

Bob Aaron in Legal

Can a buyer refuse to close the purchase of a new home if there are deficiencies in construction, forgotten or incomplete items, or unauthorized changes to the...

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Media Roundup October 30th 2009

Media Roundup

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Honesty won't resolve disclosure form issues

Bob Aaron in Legal, Home Selling Tips

The Great SPIS Myth

It's time to reveal The Great SPIS Myth – the prevailing fiction about the Seller Property Information Statement (SPIS),...

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Media Roundup October 23rd 2009

Media Roundup

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Why are there fewer for sale signs in Toronto?

John Pasalis in Toronto Real Estate News

There are a lot of factors at play when it comes to the current shortage in housing supply that we are seeing in Toronto. 

From...

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October mid-month real estate statistics

John Pasalis in Toronto Real Estate News

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Ontario a step closer to mandatory energy audits

Bob Aaron in Legal

With the proclamation of the Green Energy Act, 2009, Ontario has moved one step closer to requiring mandatory energy audits on the sale of residential...

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Media Roundup October 16th 2009

Media Roundup

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Privacy at home focus of much court debate

Bob Aaron in Legal

Just how much privacy can a person expect in the comfort of his or her own home, free from any government intrusion? That was the question considered in August...

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Media Roundup October 9th 2009

Media Roundup

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Toronto Real Estate Inventory Down 42%

John Pasalis in Toronto Real Estate News

The Toronto Real Estate Board released their monthly Market Watch report yesterday and the numbers aren't very encouraging. We are...

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Devil is in the details

Bob Aaron in Legal, Condo Buying Tips

Terry is a 23-year-old public servant, having recently graduated with a bachelor of commerce degree.

He is ready to buy his first home, and...

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Media Roundup October 2nd 2009

Media Roundup

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A Few Real Estate Reports

John Pasalis in Toronto Real Estate News

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Real estate agents are divided over disclosure form

Bob Aaron in Legal

One of the most controversial issues facing the real estate community is the use of the Seller Property Information Statement (SPIS), which is often provided...

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Move Smartly Blogger on Globe and Mail Live Chat

Realosophy Team in Realosophy News

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New right-of-entry bylaw is overkill

Bob Aaron in Legal

Power of entry is subject to a number of conditions and permit fees are costly

A Star reader recently emailed me to say he was thinking of purchasing a...

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Media Roundup September 18th 2009

Media Roundup

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Toronto Real Estate Sales up 23% First Half of September

John Pasalis in Toronto Real Estate News

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Disclosure document is an invitation to litigation

Bob Aaron in Legal

The vast majority of residential real estate transactions close as scheduled, without problems or disputes. The chances of any given real estate deal resulting...

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Media Roundup September 11th, 2009

Media Roundup

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Competing in a Multiple Offer in Toronto's Real Estate Market

John Pasalis in Home Buying Tips

My last post on multiple offers sparked reaction from agents and consumers alike. As a follow up, I’ll consider these comments and further clarify...

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Toronto Real Estate Inventory Down 37.5%

John Pasalis in Toronto Real Estate News

The Toronto Real Estate Board released their monthly Market Watch report for August showing 8,035 home sales in August - a 27% increase...

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Buyers, check condo status certificates carefully

Bob Aaron in Legal

In the course of my real estate law practice in Toronto, I often review condominium status certificates for purchasers. Usually this is a fairly routine...

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Historic house turns into 'renovation from hell'

Bob Aaron in Legal

When Amos Hertzman and Caitlin Pencarrick bought their small frame house in Vancouver's historical Strathcona neighbourhood five years ago, they never imagined...

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Media Roundup

Many of our regular subscribers have enquired about the status of our media roundup which we haven't published over the past few weeks due to summer absences.

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Insist on fireplace inspection when purchasing home

Bob Aaron in Legal

I was reviewing an offer to purchase a Toronto house last week and was surprised to see a condition that I had never seen before in an offer on a city home.

...

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Toronto Real Estate Sales up 27% First Half of August

John Pasalis in Toronto Real Estate News

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Sellers statement often results in expensive court proceedings

Bob Aaron in Legal

Back in the spring of 2004, Timothy and Cherese Scherbak signed a listing agreement to sell their property on Boland Ave. in Sudbury, using the services of...

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Privacy and personal photos at heart of case

Bob Aaron in Legal

A decision released by the Supreme Court of Canada last month raises the interesting question of how much privacy an individual may expect with respect to...

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Media Roundup August 7th, 2009

Media Roundup

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Toronto Real Estate Sales Post July Record – 1 in 7 Houses Get Multiple offers

John Pasalis in Toronto Real Estate News

The Toronto Real Estate Board reported a record 9,967 resale home sales for July, a 28% increase over the same month last year. Average...

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A street by any other name is just as sweet

Bob Aaron in Legal

Some roads named in a person's honour are well thought out; other choices come into question

Searching title to a local condominium townhouse last month, I was...

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The Best Strategy When Competing against 17 Other Buyers for a House

John Pasalis in Toronto Real Estate News

When Toronto’s real estate market started to pick up in April it was encouraging to see that many Toronto home buyers were taking a very...

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Media Roundup July 31, 2009

Media Roundup

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'Tortuous' property law section needs legislative adjustment

Bob Aaron in Legal

Appeal court judges find wording of law 'virtually incomprehensible'

A three-judge panel of the Ontario Court of Appeal has called the wording of a section of...

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Media Roundup July 24, 2009

Media Roundup

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Toronto Real Estate Sales Up 27% Mid July

John Pasalis in Toronto Real Estate News

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Have mortgage financing in place prior to closing

Bob Aaron in Legal

Back in November 2005, Nahid Eskandapour signed an agreement with Lebovic Enterprises Ltd. to buy a new home on Colony Rd. in Richmond Hill. The closing was...

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Media Roundup July 17th 2009

Media Roundup

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Buying inducements must be disclosed

Bob Aaron in Legal

Lenders need to have all pertinent information to prevent mortgage fraud allegations

An Alberta court has ruled that the contents of a lawyer's file in a real...

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Media Roundup July 10th 2009

Media Roundup

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Alarming Imbalance in Toronto's Real Estate Market

John Pasalis in Toronto Real Estate News

The Toronto Real Estate Board reported 10,995 sales in June 2009, a 27% increase over the same month in the previous year and the highest...

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Straw homebuyer scheme is illegal

Bob Aaron in Legal

Melanie came to her lawyer's office in tears. Two years earlier she had received $5,000 from a "friend" to allow her name to be used on the purchase of a...

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Media Roundup July 3rd 2009

Media Roundup

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Is a Condition on Financing or Inspection a Guaranteed Way to Get Out of Your Purchase Agreement?

John Pasalis in Home Buying Tips

When buyers decide to make an offer to purchase a home their real estate agent typically includes two conditions in the agreement of purchase and...

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Is green roof bylaw valid or a cash grab?

Bob Aaron in Legal

Late last month, Toronto became the first city in North America to adopt a bylaw requiring the construction of green roofs on new developments. It comes into...

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Media Roundup June 26th 2009

Media Roundup

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Chinese drywall creating crisis

Bob Aaron in Legal

The issue of toxic Chinese drywall may well become the biggest environmental crisis to hit North American homeowners and builders in decades.

The defective...

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Media Roundup June 19th, 2009

Media Roundup

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Toronto Real Estate Sales Up 19 Per Cent in the First Half of June

John Pasalis in Toronto Real Estate News

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Are you Still Waiting for Toronto’s Real Estate Market to Crash?

John Pasalis in Toronto Real Estate News

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Canada's Real Estate Market Rebounds

John Pasalis in Toronto Real Estate News

From the Canadian Real Estate Association's Press Release:

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National...

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Case must be strong if you decide to sue lawyer

Bob Aaron in Legal

Sonia James learned the hard way that it's not always a good idea to sue your lawyer and blame your misfortunes on him or her.

In late 2002, James signed an...

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Media Roundup June 12th, 2009

Media Roundup

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How to create a legal second suite

Bob Aaron in Legal

One of the biggest mysteries of the local real estate market is the legality of basement apartments – also known as granny flats, in-law suites, accessory...

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Media Roundup June 3rd 2009

Media Roundup

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Toronto Real Estate: A Seller's Market

John Pasalis in Toronto Real Estate News

Home sales in the Greater Toronto Area increased by almost 2% to 9,589 in May 2009, the first monthly increase since December 2007....

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Loss of part of deposit teaches a hard lesson

Bob Aaron in Legal

Barbara and Michael learned the hard way that pre-construction deposits paid to builders of condominium units are only protected by the Tarion Warranty Corp....

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Media Roundup May 29th 2009

Media Roundup

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Wondering if it's the right time for you to buy?

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Court rules against aboriginal land claim

Bob Aaron in Legal

Injunction granted after protesters stall construction at Hagersville home-building site

Last month, the Ontario Superior Court in Hamilton granted an...

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Media Roundup May 22nd 2009

Media Roundup

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Jane’s Heir?

by Editor

Urmi Desai in Urban Issues

CBC’s The Passionate Eye recently profiled “The Passionate Prince” – a work I settled down to watch once I was able to verify that it was not about...

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Toronto Real Estate Sales Up 3% Mid May

John Pasalis in Toronto Real Estate News

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7 Reasons Why Toronto's Condo Market is on Solid Ground

John Pasalis in Toronto Real Estate News, Condo Buying Tips

Toronto’s condo market is on solid ground according to a recent research paper published by Scotiabank Economics....

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Mark Freedman wrote the book on condo law

Bob Aaron in Legal

The Canadian condominium industry and the real estate bar lost one of its towering giants last weekend with the passing of Mark Freedman, a senior partner at...

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How Realtors Help Commercials

John Pasalis in Toronto Real Estate News

The Canadian Real Estate Association (CREA) recently released two new commercials as part of their "How Realtors Help" ad campaign.  I ...

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Media Roundup May 15th 2009

Media Roundup

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Agents Gone Wild: Glengarry Glen Ross

Urmi Desai in Urban Issues

Last week, we scooped up rush tickets to see Glengarry Glen Ross, staged by the Soulpepper Theatre Company at the Yonge Centre. It’s especially...

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Introducing Realosophy the Brokerage

Realosophy Team in Realosophy News

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Cottage deals need special expertise

Bob Aaron in Legal

Last month I reviewed an offer to purchase a waterfront cottage near Kirkfield, Ont. The property was listed by a real estate agent in the Kawarthas and the...

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Media Roundup May 8th, 2009

Media Roundup

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Bidding Wars for Toronto Real Estate

John Pasalis in Toronto Real Estate News

The Toronto Real Estate Board reported 8,107 sales in April 2009, down 7% from the same month in the previous year. The average price for...

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HST will box home buyers, builders into bizarre deals

Bob Aaron in Legal

I learned of a new term in the housing industry last week. "White box" refers to a newly constructed house or condominium unit that is built to the minimum...

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Media Roundup May 1st 2009

Media Roundup

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Canadian Home Prices Down 7.4% from Peak

John Pasalis in Toronto Real Estate News

February 2009 marked the sixth straight monthly decline for the Teranet National Bank House Price Index for Canada. Canadian home prices...

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Builders should be upfront about extra condo charges

Bob Aaron in Legal, Condo Buying Tips

Last week I had the opportunity to review a condominium builder purchase agreement with a couple of clients. They had been told in the sales...

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Can You Buy Safely in Today's Market?

Realosophy Team in Realosophy News

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Lessons from Toronto’s Real Estate Crash

John Pasalis in Toronto Real Estate News

The overall mood about the current state of Toronto’s real estate market typically depends on the two most commonly reported statistics in...

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Move Smartly Blogger on Globe and Mail Live Chat

Realosophy Team in Realosophy News

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Toronto's Real Estate Market is Warming Up

John Pasalis in Toronto Real Estate News

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Seek professional advice to keep cottage in the family

Bob Aaron in Legal

The Ontario Court of Appeal has dismissed an appeal by a mother who promised to give her son two family cottages if he renovated them, but then changed her...

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Media Roundup April 17 2009

Media Roundup

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When it comes to surveys, size matters

Bob Aaron in Legal

Christopher and Lindsay Taggart were dismayed to discover that the lot underneath their newly constructed home was 1,000 square feet smaller than it was...

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Media Roundup April 10, 2009

Media Roundup

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Positive News for Toronto's Real Estate Market?

John Pasalis in Toronto Real Estate News

The Toronto Real Estate Board released their March sales statistics yesterday and they appear to be encouraged by the fact that sales are...

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Advertised house came up short

Bob Aaron in Legal

Purchase offer should ask that the advertised square footage be warranted

What happens if you buy a house and it turns out to be more than 18 per cent smaller...

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Media Roundup April 3rd, 2009

Media Roundup

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Buying a New Condo: Get a Better Deal

Rachel Loizos in Legal, Condo Buying Tips, Home Buying Tips

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Canada's House Price Index Down 5.5% From Peak

John Pasalis in Toronto Real Estate News

Canadian home prices fell 2.4% in January 2009 led by declines in Calgary (-8.2%) and Vancouver (-4.2%). The Teranet-National Bank House...

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Thumbs down on offensive Illinois law

Bob Aaron in Legal

A new American law set to take effect June 1, 2009 will require anyone selling a residential property in Cook County, Ill. – which includes Chicago – to...

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Media Roundup March 27th 2009

Media Roundup

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Perhaps Health Canada should review UFFI ban

Bob Aaron in Legal

Over the last 18 months, approximately 700 older homes in Ontario have been insulated with a product containing urea formaldehyde foam insulation, or UFFI.

The...

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Media Roundup March 20th, 2009

Media Roundup

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Toronto Real Estate Sales Picking Up Mid March

John Pasalis in Toronto Real Estate News

The Toronto Real Estate Board reported 2,565 transactions in the first half of March 2009, a 19% drop from the 3,183 transactions reported...

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2009 Tour For Kids Ontario

Realosophy News

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Legislation carries some scary powers

Bob Aaron in Legal

As part of its green energy legislation, the McGuinty government is poised to shred the right to privacy that all citizens enjoy in their lawyer's offices –...

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Media Roundup - March 13th 2009

Media Roundup

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A Closer Look at Toronto’s Real Estate Market

John Pasalis in Toronto Real Estate News

The recent slowdown in Toronto’s real estate market has left many people wondering where the market is heading leading up to the busy...

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Bill 150 targets long-suffering homeowner

Bob Aaron in Legal

Imposing mandatory energy reports will further depress prices and sales volumes

If it was the intention of the Ontario government to do as much damage as...

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Media Roundup - March 6th 2009

Media Roundup

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Toronto Real Estate Sales Down 32% in February 2009

John Pasalis in Toronto Real Estate News

Fellow real estate blogger Richard Silver has the inside scoop on TREB's February sales statistics.

The Toronto Real Estate Board recorded...

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OMB Decides - No Big Box in Leslieville

John Pasalis in Leslieville, Urban Issues

The Ontario Municipal Board has decided that big box stores anchored by a Wal-mart have no place in Leslieville. The board said that...

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Canadian House Prices Unchanged in December

John Pasalis in Toronto Real Estate News

Canadian house prices in December 2008 were down just .6% from a year earlier, according to the Teranet-National Bank House Price Index....

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Don't take law into own hands over fence dispute

Bob Aaron in Legal

The Ontario Court of Appeal has written what may well be the final chapter in what I call The Case of the $100,000 Fence.

The case involved a dispute over a...

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Media Roundup - February 27th, 2009

Media Roundup

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700 Ontario Homes Insulated with UFFI

John Pasalis in Toronto Real Estate News

In the past 18 months 700 Ontario homes have been insulated with a prohibited type of insulation called urea formaldehyde-based thermal...

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79 Mortgage Brokerages Suspended in Ontario

John Pasalis in Toronto Real Estate News

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Harmonized tax would hit renovations, resales

Bob Aaron in Legal

The already battered real estate industry had reason for concern when Premier Dalton McGuinty said last month that "we owe it to ourselves to take a good, long...

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Media Roundup - February 20th, 2009

Media Roundup

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Toronto Real Estate Sales Pick Up- Mid February 2009

John Pasalis in Toronto Real Estate News

Under normal circumstances, a 26% decline in real estate sales is not something to be excited about. But these are not normal...

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Licensed home inspectors make perfect sense

Bob Aaron in Legal

British Columbia has become the first province in Canada to license home inspectors in order to protect buyers by ensuring qualified inspections. The B.C....

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Media Roundup - February 13th, 2009

Media Roundup

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Three Toronto Real Estate Brokerages Being Investigated

John Pasalis in Toronto Real Estate News

Over the past couple of months the Real Estate Council of Ontario (RECO) has issued a freeze order, freezing the accounts of three...

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Media Roundup - February 6th, 2009

Media Roundup

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Sales Slump Continues in Toronto's Real Estate Market

John Pasalis in Toronto Real Estate News

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Toronto Rental Market Surges

John Pasalis in Toronto Real Estate News

The Toronto Real Estate Board reported 3,433 condominium rentals in the Greater Toronto Area from September to December 2008, a 30%...

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Beware of mortgage tax deduction claims

Bob Aaron in Legal

Earlier this month, the Supreme Court of Canada issued a decisive ruling that clarifies once and for all that the interest paid on a mortgage taken out to...

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Media Roundup - January 30th 2009

Media Roundup

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Canada's Home Renovation Tax Credit

John Pasalis in Toronto Real Estate News

Canada's Home Renovation Tax Credit (HRTC) was introduced as part of the 2009 federal budget and was just one of several measures...

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Actions to Stimulate Canada's Housing Sector

John Pasalis in Toronto Real Estate News

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The Toronto Land Transfer Tax - Voice Your Opinion

Rachel Loizos in Legal, Home Buying

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Review survey before signing any agreement

Bob Aaron in Legal

Is a real estate agent responsible for accurately advertising the lot size? What happens if he or she gets it wrong?

Those were the questions facing clients of...

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Media Roundup January 23, 2009

Media Roundup

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Christie Pits

Jesse Fleming in Toronto Neighbourhoods.

Christie Pits is a neighbourhood bordered by Bloor Street West, Ossington Avenue, Christie Street and the railroad tracks that lie just...

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A Slow Start to Toronto's Real Estate Market for 2009

John Pasalis in Toronto Real Estate News

Toronto real estate sales declined by 50% during the first half of January 2009, continuing a sales slide that started in October 2008.

...

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Should suicide have been disclosed to homebuyer?

Bob Aaron in Legal

Is a builder obligated to disclose to a purchaser the fact that a suicide occurred in the house just before the sale closes?

That was the question posed to me...

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Media Roundup January 16th 2009

Media Roundup

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Toronto's Real Estate Market - A National Perspective

John Pasalis in Toronto Real Estate News

A couple of weeks ago I wrote a post about a new Canadian House Price Index launched by National Bank and Teranet. I thought I would...

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Signing disclosure form requires legal assistance

Bob Aaron in Legal

A territorial judge in the Yukon has told the local real estate industry to take a hard look at one of its standard form documents. His comments were made in...

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Toronto Real Estate Sales Down 20% in 2008, Prices Flat

John Pasalis in Toronto Real Estate News

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Media Roundup January 9th 2009

Media Roundup

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Deck building litigation was needless waste of time

Bob Aaron in Legal

Judge rules that deck should have been inspected at the end of construction, not earlier

One of the reasons litigation is so expensive and time-consuming in...

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Media Roundup January 2nd, 2009

Media Roundup

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Canada’s National House Price Index

John Pasalis in Toronto Real Estate News

Using a simple average to measure the change in real estate values can present a number of problems.  I have covered these issues in ...

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Consumer protection common 2008 theme

Bob Aaron in Legal

When it comes to consumer issues, my goal in this column is to educate, protect, and occasionally, entertain.

Over the past year, I emphasized how important...

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Court is an expensive way to deal with a noise complaint issue

Bob Aaron in Legal

A decision of the Superior Court of Justice in Toronto earlier this year clarifies the huge financial risks a condominium owner assumes if he or she is found...

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Media Roundup December 19th, 2008

Media Roundup

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Low Vacancy Rate Good News for Toronto Condo Investors

John Pasalis in Toronto Real Estate News

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In litigation cases, often only the lawyers win

Bob Aaron in Legal

In 1997, James and Barbara Dinsmore bought a new townhouse in Windsor for $177,000 from Masterpiece Homes. On taking possession, they noticed dampness on the...

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Media Roundup December 12th, 2008

Media Roundup

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Toronto Land Transfer Tax Hurts Real Estate Market

John Pasalis in Toronto Real Estate News

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Toronto’s Real Estate Market – No Reason To Panic, RBC Says

John Pasalis in Toronto Real Estate News

RBC Economics says that Canada is experiencing a “Canadian-style” housing downturn but will avoid a US style housing market crash. The...

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Buyer gets frosty welcome

Bob Aaron in Legal

A recent decision of the Small Claims Court in Winnipeg illustrates whether the buyer or seller is responsible for damage to a home, which is discovered on...

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Media Roundup December 5th, 2008

Media Roundup

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The 'Why' of Home Buying

by Editor

Given the disastrous effects of the subprime mortgage on the world economy, it is easy to forget that many once saw the instrument as an agent of good. Under many US...

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Toronto Real Estate Sales Drop 50% in November 2008

John Pasalis in Toronto Real Estate News

The Toronto Real Estate Board recorded 3,640 sales in the Greater Toronto Area for November 2008, a 50% decline over the 7,313 recorded in...

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Interim Occupancy Fee aka 'Phantom Rent'

Rachel Loizos in Legal, Condo Buying Tips, Home Buying Tips

In his recent article, Condo Buyers should prepare for ‘phantom’ rent, Terrence Belford of the Globe and Mail...

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A Closer Look at Canada's Decline in Real Estate Prices

John Pasalis in Toronto Real Estate News

For the past couple of months I have been cautioning our readers against making any big conclusions about Toronto’s real estate market...

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Fraudster's house 'sale' ends up costing bank

Bob Aaron in Legal

The fallout from mortgage fraud cases in recent years continues to occupy the attention of lawyers, judges and the innocent parties involved.

Back in 2006,...

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Media Roundup November 28th, 2008

Media Roundup

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Toronto Real Estate Prices to Show Modest Growth in 2009, CMHC says

John Pasalis in Toronto Real Estate News

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2008 Ontario Property Tax Assessment Notices

Rachel Loizos in Legal

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Lawyers may kill deals not in client's best interest

Bob Aaron in Legal

From time to time, lawyers get accused by real estate agents of being "deal killers." I was reminded of this recently in an email from Paula Riopelle, a real...

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Media Roundup November 21, 2008

Media Roundup

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Toronto Real Estate Market Remains Slow Mid November

John Pasalis in Toronto Real Estate News

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Buying a Condo: Know the Rules

Rachel Loizos in Legal

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Toronto's Target 70: Why November 1st was Important

Jesse Fleming in Urban Issues.  

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Tarion softens approach on vendors who sell newly built homes

Bob Aaron in Legal

Tarion Warranty Corporation, which provides new home warranty coverage to most Ontario houses and condominiums, has amended its registration requirements for...

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Media Roundup November 14th, 2008

Media Roundup

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Making Sense of Toronto’s Real Estate Decline in October

John Pasalis in Toronto Real Estate News

For those who missed the headlines last week, the Toronto Real Estate Board announced their bleak sales figures for October 2008. The...

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Toronto Land Transfer Tax Exaggerates Housing Price Decline

John Pasalis in Toronto Real Estate News

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Known dangerous defects must be disclosed by vendor

Bob Aaron in Legal

Does the doctrine of "buyer beware" allow a seller to conceal the mere possibility that there is a potentially dangerous condition in a house? That was the...

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Media Roundup November 7th, 2008

Media Roundup

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What's in a Name? The Leslieville Lofts Saga

by Editor

Regular readers of this blog will be familiar with my views on names, which is that they matter.  The big names behind the Leslieville Lofts project, Lamb Development Corp and Hyde...

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Agents should never brush off the need for a survey

Bob Aaron in Legal

Nathan Vlahos and his wife are about to become first-time homebuyers. They are looking for a home between Richmond Hill and Newmarket and have selected a local...

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Media Roundup - October 31st, 2008

Media Roundup

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Toronto Condo Market Is Oversold, Developer Says

John Pasalis in Toronto Real Estate News, Condo Buying Tips

In May of this year the Canadian Mortgage and Housing Corporation (CMHC) released an optimistic report on Toronto's...

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When it comes to property's paranormal history, it's buyer beware

Bob Aaron in Legal

In the real estate field, when the value of a house is, or could be, affected by a history of murder, suicide, ghosts, hauntings or other unexplained...

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The Scent of a Neighbourhood

by Editor

I have become a great fan of Andy Barrie. It happened the morning he reported on the incredible story of brakes being cut on the cars of Toronto-area Liberal party supporters....

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Nail down right-of-access before purchase

Bob Aaron in Legal

A decision of the Superior Court of Ontario last month was a powerful reminder that real estate disputes can become very costly if they ever reach a courtroom.

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Media Roundup - October 24th, 2008

Media Roundup

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Mandatory Energy Audit Reports for Home Sellers

Rachel Loizos in Legal, Home Buying

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The City Wants Your Old, Used and Broken.

Jesse Fleming in Urban Issues.

Furthering Toronto’s green initiative does not end at the array of garbage collection bins that have been distributed to residents throughout the...

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Toronto Real Estate Prices Down 15% in October

John Pasalis in Toronto Real Estate News

The average price for a home in the city of Toronto dropped by 15% during the first half of October, eclipsing the 6% decline we saw last...

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Media Roundup - October 17th, 2008

Media Roundup

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Buying a New Construction Condo in a Slowing Market

John Pasalis in Toronto Real Estate News, Condo Buying Tips

The past ten years have been kind to home buyers and real estate speculators who invested in pre-construction...

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Health card acceptable for voting but not for mortgage

Bob Aaron in Legal

Why is an Ontario photo health card not a valid form of identification for purposes of a real estate transaction, but it's perfectly acceptable for the...

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Media Roundup - October 10th, 2008

Media Roundup

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An Update on Toronto's Real Estate Market

John Pasalis in Toronto Real Estate News

After a slight decline in new listings in August, we saw new listings climb 19% over 2007 levels in September and 6% over the volume we...

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Always review purchase agreements with a lawyer

Bob Aaron in Legal

A recent decision of the Superior Court of Justice highlights the risks of a buyer failing to close a transaction to buy a new home or condominium from a...

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Toronto Real Estate Prices Drop 6% in September

John Pasalis in Toronto Real Estate News

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Media Roundup - October 3rd, 2008

Media Roundup

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So You Want to Be a Landlord

John Pasalis in Real Estate Trends

CEP News interviewed me several weeks ago for a story about a home buyer who decided to purchase a house with a rental unit as a way to spend a...

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Brother messes up with email scam

Bob Aaron in Legal

Back in 1998, brothers Faheem, Shaun and Narool Samad decided to purchase a house in Toronto for the three of them and their parents to occupy. At the time,...

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Move Smartly Blogger on Globe and Mail Live Chat

Realosophy Team in Realosophy News

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Media Roundup - September 26th 2008

Media Roundup

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Toronto’s Real Estate Market - Bubble or Boom?

John Pasalis in Toronto Real Estate News

Toronto’s real estate bubble in the late 1980’s left a grave mark on the city. Those who didn’t lose money in the bubble probably knew...

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Promises and Postures: Homes, Cities and the 2008 Federal Elections

Team Realosophy in Urban Issues

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Not a Good Idea to Interfere With Right-of-Way

Bob Aaron in Legal

Grant and Lisa Hall were next-door neighbours to Loraine Wiltshire in north Toronto. The Hall property is west of the Wiltshire property, and both are...

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Toronto Real Estate Sales Prices Flat in September

John Pasalis in Toronto Real Estate News

Real estate sales in the Greater Toronto Area for the first half of September declined to 2,726 a 16% drop over the record set during the...

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Media Roundup - September 19th 2008

Media Roundup

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High Park

Jesse Fleming in Toronto Neighbourhoods.

When a particular neighbourhood has a quality that sets it apart from the pack, the entirety of that characteristic generally echoes...

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Oil Storage Tank Leak a Cautionary Tale

Bob Aaron in Legal

A scary tale of an oil leak in an Ottawa-area home provides a valuable lesson for homeowners whose homes are heated by oil.

In early 2006, an exterior oil...

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Media Roundup - September 12th 2008

Media Roundup

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Toronto Real Estate Market is balanced: UBC Study

John Pasalis in Toronto Real Estate News

In April of this year I indicated that my outlook for Toronto’s real estate market was neither bullish nor bearish. I said that Toronto...

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Bylaw Sinks Pirate Ship Playhouse

Bob Aaron in Legal

After architect Andrew Dewberry and author Jayne Seagrave bought their house in Vancouver three years ago, they decided to build a tree fort for their two...

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Twice as Many Canadians Are Buying US Properties

John in Real Estate Trends

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Media Roundup - September 5th 2008

Media Roundup

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Toronto Real Estate Prices Drop in August

John Pasalis in Toronto Real Estate News

When I reported last month that real estate prices increased by just $298 in July 2008, I wondered when Toronto would see its first...

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Wallace Emerson

Jesse Fleming in Toronto Neighbourhoods

When approaching the neighbourhood of Wallace Emerson it is hard for one to ignore the neon lights of Club Paradise illuminating a...

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Foreclosure tale is coyote ugly

Bob Aaron in Legal

Ronald and Ann Bonnar owned a house in Cape Breton, N.S. The house had two mortgages registered against it – a first to Royal Bank of Canada, and a second in...

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Media Roundup - August 29th 2008

Media Roundup

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Is Toronto’s Real Estate Market on Shaky Ground?

John Pasalis in Toronto Real Estate News

Many of our readers have been a bit concerned about the rise in inventory (homes available for sale) in Toronto’s real estate market. The...

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Home Sales Rise 3.1% in the US?

John in Real Estate Trends

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Presence of asbestos kills home purchase

Bob Aaron in Legal

Carlos Lameiro fell in love with a three-bedroom bungalow, near Dixon Rd. and Kipling Ave. in Etobicoke. It has a finished basement with a separate entrance,...

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ZooCasa – Canadian Home Search With Smarts

John in Real Estate Trends

There’s a new way to search for houses online in Canada, and it’s not Realtor.ca.

Zoocasa, a Canadian real estate search site backed by Rogers...

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Media Roundup - August 22nd 2008

Media Roundup

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Spotted: School Wars

by Editor
It may go unnoticed by the rest of us, but parents have long made the "right school" the heart of their home buying decisions.  Toronto Life's September issue features lying,...
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<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><HTML><HEAD><meta http-equiv="content-type" content="text/html;...

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Did Garth Turner Impact Toronto's Real Estate Market?

John Pasalis in Toronto Real Estate News

When economists see a significant and sustained deviation from recent trends in data, they try to find the factor(s) that may have...

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Toronto Real Estate Sales Continue to Drop - Mid August 2008

John Pasalis in Toronto Real Estate News

Sales continue to slide in Toronto's real estate market. 3,019 homes were sold in the Greater Toronto Area during the first half of...

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Detroit Home Sells for $1

John Pasalis in Real Estate Trends

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Mortgage Fraud Scheme Manipulated 'Puppet' Purchasers

Norman Ave. is a two-block long street near St. Clair Ave. W., and Lansdowne Ave. Number 16A is a small row house that recently became the subject of an apparent mortgage fraud...

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Will Toronto be Spared a Major Real Estate Correction?

John Pasalis in Toronto Real Estate News

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Media Roundup - August 15th 2008

Media Roundup

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Toronto's Real Estate Market - Are Things as Bad as They Seem?

John Pasalis in Toronto Real Estate News

Updated (3:49pm 8/14/2008) :The Toronto Real Estate Board’s Market Watch reports for May and December of 2007 incorrectly swapped the...

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Revisiting the Emerging Neighbourhood

by Editor

A reader recently wrote in to ask me about the Distillery District following an early post. He's not the only one to wonder about 'emerging neighbourhoods'. While up-and-comers...

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Putting oil in wrong tank adds fuel to this warning

Bob Aaron in Legal

A decision of the Ontario Superior Court earlier this year provides a valuable lesson to property owners whose homes were once heated with fuel oil.

Back in...

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Media Roundup - August 8th 2008

Media Roundup

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$298 - Appreciation in Toronto Real Estate for July 2008

John Pasalis in Toronto Real Estate News

Some interesting numbers from the Toronto Real Estate Board this month.

The average sale price for a home in the City of Toronto last...

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Clients will suffer if articling program is abolished

Bob Aaron in Legal

Imagine hiring a newly minted real estate lawyer for the largest purchase transaction of your lifetime – a new home – only to find out that he or she has had...

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Media Roundup - August 1st 2008

Media Roundup

Real Estate News

Canadian Cities Becoming More Expensive, Led by Toronto, Survey Finds (CEP News)

'Makeover' house faces foreclosure (Canoe.ca)

A zero-down mortgage...

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Being a Landlord No Easy Task in Ontario

Rachel Loizos in Legal

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The Urban Jungle: Community Gardens Grow on Toronto

Jesse Fleming in Urban Issues

One of the drawbacks I initially had towards living in a condominium was the lack of a garden to call my own. Although my green thumb has yet join...

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Canada’s Real Estate Market – An International Perspective

John Pasalis in Toronto Real Estate News

A few months ago I did a live online Q&A on globeandmail.com where I had the opportunity to answer questions about Toronto’s real estate...

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Vendors take risk signing SPIS form

Bob Aaron in Legal

A recent leaky basement court case from the Ontario Superior Court in Thunder Bay is the latest in what might be called a flood of litigation resulting from...

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Media Roundup - July 25th 2008

Media Roundup

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Q1 2008 Toronto Real Estate Sales Drop 21% Over Last Year

John Pasalis in Toronto Real Estate News

Last week we released our Q1 2008 Move Smartly Housing Report which offers a detailed summary of real estate sales by neighbourhood....

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Wanless Park

Jesse Fleming in Toronto Neighbourhoods.

Bounded by Lawrence Avenue East, Snowden Avenue and Mount Pleasant Road, the neighbourhood of Wanless Park relies on the lay of the land...

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Family feud sparked over ownership of cottages

Bob Aaron in Legal

A recent decision of the Ontario Superior Court of Justice (see below) provides a timely reminder that parents who want their cottages to remain in the family...

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Media Roundup - July 18th 2008

Media Roundup

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GTA Prices Increase just 1% mid July, Sales down 11%

John Pasalis in Toronto Real Estate News

Here are the latest numbers from the Toronto Real Estate Board:

Moderate activity and strong prices continued to characterize the Greater...

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Buying a New Condo Based on the View can be Dissapointing

Rachel in Condo Buying, Legal

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Hoggs Hollow

Jesse Fleming in Toronto Neighbourhoods

Hoggs Hollow has always been one of those neighbourhoods that I had heard of but never quite knew where it was or what to expect when I...

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Toronto Real Estate Board says Multiple Offer Process is Fine the Way It Is

John Pasalis in Toronto Real Estate News

One of our reasons for launching realosophy.com was to educate consumers about some of the not so nice things that can go on in the real...

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New delayed occupancy warranty benefits consumers

Bob Aaron in Legal

Tarion Warranty Corporation has introduced a new set of rules for delayed condominium occupancies. The new delayed occupancy warranty came into effect July 1,...

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Media Roundup - July 11th 2008

Media Roundup

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Regal Heights

Jesse Fleming in Toronto Neighbourhoods

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Government of Canada Makes it Harder to Qualify for a Mortgage

John Pasalis in Toronto Real Estate News

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Bird's Eye View of Toronto Homes

John Pasalis in Real Estate Trends

I am a pretty loyal user of Google Maps but over the past few months I have been using Microsoft’s Live Maps when I want to map houses or...

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Toronto Real Estate Sales Down 18% in June Inventory Up 22%

John Pasalis in Toronto Real Estate News

The latest numbers from the Toronto Real Estate Board:

Download the Complete Market Watch Report

The trend toward more balanced market...

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Closing dates you can take to the bank

Bob Aaron in Legal

On July 1, Tarion Warranty Corp. introduced a completely new set of rules and procedures for delayed closings of freehold homes and condominiums purchased from...

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Media Roundup - July 4th 2008

Media Roundup

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The Now House Community Project – Collaboration Results in Greener Living

Rachel Loizos in Real Estate Trends

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In the Eye of the Beholder: Smut and the Emerging Neighbourhood

by Editor

Two Toronto communities are fighting the re-appearance of naughty nudies on their strip.  Residents of New Toronto and neighbouring Long Branch are home to an increasing number of...

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SPIS Results in Rocky Legal Ride for Ontario Home Buyers and Sellers

Bob Aaron in Legal

An Ontario court decision released last month serves as a potent reminder of the dangers of using a Seller Property Information Statement (SPIS) when...

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Media Roundup - June 27th 2008

Media Roundup

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The Future of the Online Real Estate Search in Canada

John Pasalis in Real Estate Trends

The Globe and Mail interviewed me for an article published this weekend about a local real estate site called Housing123.com that the Canadian...

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New FINTRAC Regulations for Realtors

Rachel Loizos in  Toronto Real Estate News

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Toronto's 'Target 70': Multi-unit Buildings, It's Your Turn

Jesse Fleming in Urban Issues

As of July 1, 2008, residents of multi-unit buildings will be charged a fee for garbage collection.  In a previous post, I had explained the roll-out...

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Long-suffering homeowners need cement case resolution

Bob Aaron in Legal

The Great Eastern Ontario Cement Case is alive and well and thriving in Ottawa. In fact, after wending its way through the Ontario court system for more than...

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Media Roundup - June 20th 2008

Media Roundup

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Toronto Real Estate Sales Continue to Drop in June

John Pasalis in Toronto Real Estate News

The story for Toronto’s real estate market continues to be consistent half way through June. Prices continue to rise and sales continue to...

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Homebuying and Marriage Contracts

Rachel Loizos in Legal

If you already own a home and are considering marriage, you may be considering obtaining a marriage contract to protect your assets. If you are considering...

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Elia - A Neighbourhood Being Left Behind?

Jesse Fleming in Urban Issues

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The Shopping Mall Revolution

by Editor

The shopping mall, currently staring as the villain of Leslieville, and frequent associate of the gassy nightmare that is the suburbs, is rarely heralded by urban enthusiasts....

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Good Renovation Advice Available to Both Owner and Contractor

Bob Aaron in Legal

A bizarre news story out of Shoreham, England, serves as a powerful reminder that the failure to have a signed home renovation contract can create...

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Media Roundup - June 13th 2008

Media Roundup

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Thinking about Buying a Heritage Property in Toronto?

Rachel Loizos in Legal, Home Buying

You can browse through the list provided on the City of Toronto Website and search our heritage properties by their municipal address. The...

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Bennington Heights

Jesse Fleming in Toronto Neighbourhoods

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Cheque Scam Threatens to Slow Down Real Estate Transactions in Toronto

Bob Aaron in Legal

A recent spate of counterfeit certified cheques hitting Toronto-area law firms threatens to slow down the efficient processing of real estate transactions.

...

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More Than 1 Million US Homes in Foreclosure

John Pasalis in Real Estate Trends

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Media Roundup - June 6th 2008

Media Roundup

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Buy 1 Get 1 Free Houses

John Pasalis in Real Estate Trends

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Ontario Land Transfer Tax Refund for First-Time Home Buyers Now Law

John Pasalis in Toronto Real Estate News, Home Buying Tips

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Conditions and The Agreement of Purchase and Sale

Rachel Loizos in Legal, HomeBuying

I attended a great Law Society of Upper Canada seminar recently, The Annotated Agreement of Purchase and Sale, chaired by Bradley N. McLellan...

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Toronto Real Estate Sales Down 19% in May

John Pasalis in Toronto Real Estate News

The Toronto Real Estate Board recorded 9,411 sales in the Greater Toronto Area in May 2008, a 16% decline over last year. Prices increased...

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Leaside

Jesse Fleming in Toronto Neighbourhoods

If there was ever a more family-oriented neighbourhood in Toronto, I have yet to find it.  The neighbourhood of Leaside was a planned...

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Check the Noise Level Before You Purchase a Home

Bob Aaron in Legal, Home Buying 

Next month marks the official beginning of summer, the season when many city folk retreat to their cottages to de-stress and to absorb some...

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Toronto Condo Investors Not Buying Like They Used To

John Pasalis in Toronto Real Estate News

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Media Roundup - May 30th

Media Roundup

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The Growing Popularity of Eco-renovations

Jesse Fleming in Urban Issues

Renovation season gets underway each year as soon as spring’s tulips begin to peek out of gardens across the city.  In a previous post, I had...

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Pre-piping Your Home for Natural Gas

Rachel Loizos in Home Buying

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New Delayed Closing and Occupancy Warranty: What You Need to Know

Carl Minicucci in Home Buying Tips, Condo Buying Tips, Legal

In the market and planning the purchase of a new freehold home or condominium in the next few months? If so, you will...

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World's First Billion Dollar Home to Rise in Mumbai

John Pasalis in Real Estate Trends

I just came across a Forbes article covering the world's first billion dollar home. The home is being built for Indian billionaire and fifth...

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Before Home Buying Check Survey for Boundaries

Bob Aaron in Home Buying, Legal

Taking the law into your own hands over a property line dispute can be dangerous to your bank account, as one Toronto homeowner discovered...

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Media Roundup - May 23rd

House sales continue slide (Toronto Star)

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CMHC Analyst Weighs in on Toronto's Condo Market

John Pasalis in Toronto Real Estate News, Condo Buying Tips

Last week I raised a couple of concerns about a recent Canada Mortgage and Housing Corporation (CMHC) report that had...

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Little Italy

Jesse Fleming in Toronto Neighbourhoods

Growing up in the suburbs, I had been a frequent patron of the night life on College Street otherwise known as Little Italy. I always...

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Toronto Real Estate Sales Show a Softer Market Mid May

John Pasalis in Toronto Real Estate News

The Toronto Real Estate Board released their sales figures for the first half of May 2008 and the statistics continue to show a softer...

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The Limits of Title Insurance: Toronto Buyer Soaked with Vendor's Final Water Bill

Bob Aaron in Legal, Home Buying

When Donna bought her home near Warden Ave. and Ellesmere Rd. last summer, she had no idea she would get stuck with the final water bill of the...

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No Crash Expected for Toronto's Condo Market: CMHC

John Pasalis in Toronto Real Estate News

Two housing reports released this week have been making headlines across the country. The reports from Scotiabank and CMHC are forecasting...

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A Milder Economic Slowdown for Canada: OECD

John Pasalis in Toronto Real Estate News

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Media Roundup - May 16th

Media Roundup

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Repeat Buyers Lift Toronto Real Estate Market to Record Heights in 2007

John Pasalis in Toronto Real Estate News

Earlier this week Realosophy.com released their first Quarterly Move Smartly Housing Report to subscribers. 

The Realosophy team is...

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Talking About Toronto's Waterfront

by Editor

He was a young guy, fresh-faced and eager - to talk to me. Not necessarily odd, but odd for a dimly-lit subway car after a long work day. "Is that what you work on?" he wanted to...

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Buying a Condo – Exclusive Use vs. Ownership

Rachel Loizos in Legal

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Good fences make good neighbours, but bad lawsuits

Bob Aaron in Legal

Back in 1915, poet Robert Frost penned the line "Good fences make good neighbours." Last year, in a bitter dispute involving the owners of adjoining cottage...

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How Important is Parking to Toronto Condo Buyers?

John Pasalis in Toronto Real Estate News

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Media Roundup - May 9th

Media Roundup

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Trinity Bellwoods

Jesse Fleming in Toronto Neighbourhoods   

A friend of mine named her dog after it.  Former Sault St. Marie band Treble Charger wrote a song about it. The neighbourhood of Trinity...

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Title Insurance Won’t Always Protect You

Rachel Loizos in Legal

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Violence and the City: Toronto the Helpless?

by Editor

Urmi Desai in Urban Issues

It seems that a week in Toronto is no longer complete without that criminal act which appears to define the word ‘senseless’ as we understand it: the...

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Toronto Real Estate Prices and Inventory Rise In April

John Pasalis in Toronto Real Estate News

The Toronto Real Estate Board released their sales for April 2008. It wasn't much of a surprise to see that sales declined 7% in April...

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Road Access Critical When Buying Cottage in Ontario

Bob Aaron in Legal, Home Buying

The most important question for anyone buying a cottage property is always, "How do I get there from here?" After all, there's no point...

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Forecasting Toronto’s Real Estate Market a Tricky Business

John Pasalis in Toronto Real Estate News

Last Friday I was invited to answer questions about Toronto’s real estate market in a live online discussion on globeandmail.com. I...

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FlexHousing™ Brings Adaptable Housing Options to Canada

Rachel Loizos in Real Estate Trends

A recent article in DreamHomes & Condominiums magazine highlighted one of the most interesting trends in real estate that I have seen in...

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Is 'Torontoness' the Answer to the Canadian Identity Crisis?

by Editor

Urmi Desai in Urban Issues

Over the weekend, Tom Kent's widely-read piece on Canadian citizenship, "Canada is much more than a hotel," appeared in the Globe and Mail. Kent, a...

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Dufferin Grove

Jesse Fleming in Toronto Neighbourhoods

My favourite Toronto housing style has always been, what I call, the ‘downtown house.’  They are numerous within Dufferin Grove (check out...

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Supreme Court Rules on Joint Name Transfer for Real Estate Assets

Bob Aaron in Legal

It's not uncommon for an elderly parent to transfer real estate or other assets into joint names with his or her adult children. When this happens, does the...

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Move Smartly Blogger on Globe and Mail Live Chat

Realosophy Team in Realosophy News

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Letting it All Hang Out: Ontario's Clothesline Ban Lifted....Finally

Jesse Fleming in Urban Issues

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Home Buying in a Gentrified Toronto

Rachel Loizos in Legal, Real Estate Trends

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Ontario Home Buyer Pays Price for Jilting Agent

Bob Aaron in Home Buying Tips, Legal

Earlier this month, the Ontario Superior Court of Justice released a decision which highlights the obligations of parties signing a...

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Toronto Real Estate Sales Rebound in the First Half of April 2008

John in Toronto Real Estate News

Resale home sales in the Greater Toronto Area are down 5% in the first half of April compared to the same period last year. This is an increase...

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Media Roundup - April 18th

Media Roundup

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Ledbury Park

Jesse Fleming in Toronto Neighbourhoods

Similar to any older Toronto neighbourhood, the trend of knocking down post-war homes (usually bungalows) and building grander, modernized...

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Toronto's Real Estate Market - Boring for the Next Couple of Years

John Pasalis in Toronto Real Estate News

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Is a 40-Year Mortgage Hazardous for your Financial Health?

John Pasalis in Money, Home Buying Tips

Last week, the Toronto Star’s Ellen Roseman wrote an article titled 40-year Mortgage Comes with Hidden Hazards. On Move Smartly, we often...

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Beware if You're Purchasing a New Home or Condo to Flip

Bob Aaron in Legal, Home Selling Tips, Toronto Real Estate News

Ed. Note.  We are pleased to welcome Bob Aaron, a Toronto real estate law expert, to Move Smartly.  A leading ...

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Media Roundup - April 11th

Media Roundup

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As Seen on TV: Beware of Guaranteed Real Estate Sales Programs

Carl in Home Buying, Home Selling Tips, Real Estate Trends

Ladies and gentlemen, I’m going to show you the greatest Real Estate brokerage offer ever made…all your investment and...

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Last One Out, Turn Off the Lights: Toronto's New Museum Station

Urmi in Urban Affairs

In the end, being in the new Museum subway station was like being in, well, a museum. Or perhaps a coatroom in a museum. Amidst harsh ceiling lights and...

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Lawrence Manor

Jesse in Toronto Neighbourhoods

This past weekend, Toronto was home to the Canadian National Scrabble Championship. As I am an avid player of the crossword-themed game, I could...

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Real Estate Fraud Action Plan: Enhancing the Security of the Ontario Electronic Land Registry System

Rachel in Legal, Real Estate Trends

Some new developments are coming to pass in the legal world as it relates to real estate. You may or may not know that the province of...

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What's Going on With Toronto's Real Estate Market?

John in Toronto Real Estate News

There were a couple of reports yesterday that are sure to make the average home buyers head spin.

While the Toronto Real Estate Board announced a...

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Toronto Real Estate Sales Down 22% in March

John in Toronto Real Estate News

Here are the latest numbers from the Toronto Real Estate Board.

Low inventory levels kept the Greater Toronto Area resale housing market brisk but...

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Media Roundup - April 4th, 2008

Media Roundup

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Lawrence Park

Jesse in Toronto Neighbourhoods

“Four hundred feet above Lake Ontario and far from the lake winds in winter” was the original advertisement for the neighbourhood of Lawrence Park

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Titles, Trophies and Testimonials: the Sorry State of Real Estate Advertising

Ed. Note. Move Smartly is pleased to welcome Carl Minicucci and his insightful commentary to our blog. Carl is a sales representative with Humber Valley Realty in Vaughan and is...

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Do It Yourself Renovations

Rachel in  Lifestyle, HomeBuying, Legal

With spring in the air and my tulips breaking the surface in my garden, my thoughts naturally turn to home renovations. I enjoy taking on...

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Media Roundup - March 28th

Media Roundup

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Humewood-Cedarvale

Jesse in Toronto Neighbourhoods

The neighbourhood of Humewood-Cedarvale is a result of the amalgamation of the former communities of Humewood and Cedarvale (check out...

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Bloggers Wanted

As we move towards our first anniversary, the team at Move Smartly invites you to consider blogging with us.

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Another Reason Why People Don’t Trust Real Estate Agents

John in Home Buying, Home Selling Tips

Multiple Representation (also referred to as Dual Agency) can occur when one agent represents both the buyer and the seller in a real estate...

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Review Your Agreement Before You Are Bound

Rachel in Legal, Home Buying

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Media Roundup - March 21st

Media Roundup

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Why is Toronto's Real Estate Market Cooling Down?

John in Toronto Real Estate News

The Toronto Real Estate Board released their statistics for the first half of March and it's no surprise to hear that sales in the GTA are down...

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Toronto Real Estate Sales Down 14% Mid March

John in Toronto Real Estate News

Here's is the latest press release from the Toronto Real Estate Board:

Resale home transactions in the Greater Toronto Area continued at a...

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Lytton Park

Jesse in Toronto Neighbourhoods

Incorporated into the City of Toronto in 1912, the neighbourhood of Lytton Park hit its construction peak between 1946 and 1960 (check out...

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Canadian MP Turns Real Estate Bubble Theorist

John in Toronto Real Estate News

There’s a new book on the market that is sure to satisfy Toronto real estate bubble theorists. While I haven’t read it yet, recent media reports...

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Richard Florida and Toronto's Openness Paradox

Urmi in Urban Issues

Richard Florida, doyen of all things city, has a new book out – Who’s Your City? While I have yet to read it, publicity materials and early reviews suggest...

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Media Roundup - March 14th

Media Roundup

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Basement Rentals: Make Sure You Want To Be A Landlord

Rachel in Legal, HomeBuying

I have heard many people say that they want to rent out their basement or that they want to buy a property that can accommodate a tenant. Whether this...

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Caribou Park

Jesse in Toronto Neighbourhoods

Joining Allenby and Corso Italia is yet another of Toronto’s smaller areas, the neighbourhood of Caribou Park (check out Realosophy’s...

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Top 10 Things You Should Know Before Buying A New Condo

John in Condo Buying Tips, Legal

A couple of months ago, CBCs’ Marketplace had a great feature that highlighted many of the problems that buyers of new condominiums are faced...

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Media Roundup - March 7th

Media Roundup

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English Farmer Hides Illegal Castle Behind Haystack

John in Real Estate Trends

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Toronto Real Estate Sales down 11% in February

John in Toronto Real Estate News

Real estate sales rebounded slightly in the second half of February according to the Toronto Real Estate Board. Resale sales were down 14% during...

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Taking Neighbourly Troubles Online

Jesse in Urban Issues

Have you returned those hedge clippers yet?  If not, you could be on the internet - Rottenneighbor.com is a website that encourages people to air their...

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How to Get Your House in Order: Expert Panel Reports on Toronto's Financial Situation

by Editor

Urmi in Urban Issues

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Buying a Condo - Know Your Rights

Rachel in Condo Buying, Legal

If you are currently or have ever considered buying a condo, you should check out this site.  It  belongs to the Canadian Alliance for Condominium...

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Media Roundup - February 29th

Media Roundup

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Don't Let Closing Costs Catch You Off Guard

Rachel in Home Buying, Money, Legal

Home buyers, especially first time home buyers, are often surprised by their closing costs. Although the standard legal fees and land transfer...

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Oakwood-Vaughan

Jesse in Toronto Neighbourhoods

Somewhere in between snow storms, I ventured out of my house-turned-hibernation-cave with a plan to seek out all that Oakwood-Vaughan had to...

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Toronto Condo Developer Misses the Mark with Facebook Advertising Campaign

John in Toronto Real Estate News

Urbancorp, the developer behind West Side Lofts and Bridge Condos, is Toronto’s first condo developer to leverage Facebook’s new advertising...

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Snow Storms Impacting Toronto Real Estate Sales?

John in Toronto Real Estate News

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Key RRSP Strategies and Mortgage Financing

Heather in HomeBuying, Money

RRSP season is here and at this time of year, Canadians grapple with issues about finding money to contribute, deciding what to invest in, and...

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Toronto Real Estate Sales Drop 14% in February

John in Toronto Real Estate News

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Monitoring Agents: Is a Mistake Always Unethical?

John in Toronto Real Estate News

Any time a realtor represents a family member in a real estate transaction, this relationship must be disclosed to all parties involved. Being...

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TTC - the Costlier Way? Opening Up Toronto's Transit Debate

by Editor

Urmi in Urban Issues

Last month, Michael Fenn, CEO of the Metrolinx - the agency charged with overhauling the patchwork of GTA transit systems - had some interesting things to...

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Toronto's 'Target 70': Update

Jesse in Urban Issues

In a previous post, I had written about Toronto’s roll-out and implementation of its new waste reduction initiative. Various sized blue bins and new solid...

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The Role of Warranties in Your Agreement of Purchase and Sale

Rachel in Legal, HomeBuying

In your agreement for purchase and sale you will very often have items, called warranties, that help define and clarify the agreement between the...

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Media Roundup - February 15th

In The News

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Welcome Year of the Rat

Jesse in Real Estate Trends

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For Sale by Owner Poses the Same Security Risks as Those Facing Realtors

Rachel in Real Estate Trends

The recent, tragic death of B.C. realtor Lindsay Buziak highlights the security risks that face those in the real estate industry. My heart goes out...

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Corso Italia: Toronto Neighbourhood Explorer

Jesse in Toronto Neighbourhoods

Similar to Allenby, the neighbourhood of Corso Italia is one of Toronto’s smallest (check out Realosphy’s Neighbourhood Profile for housing and...

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Using Demographic Data to Bring Toronto Neighbourhoods to Life

John in Realosophy News

After months of work, I’m excited that the Realosophy team has added some great updates to our site. One of our goals when we first started was to help...

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Media Roundup

In the News

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Is the Toronto Real Estate Market Really Cooling Down?

John in Toronto Real Estate News

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Taking Title as Joint Tenants - Not Carved in Stone

Rachel in Home Buying, Legal

In a previous post, we discussed the most common ways that people can take title to property. In particular, sole ownership, joint tenants, and...

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Toronto Real Estate Market Watch - January 2008

John in Toronto Real Estate News

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Is Now a Good Time to Choose a Variable Rate Mortgage?

John in HomeBuying, Money

With all the news about interest rate cuts recently, many home buyers are wondering if now is the right time to go with a variable rate mortgage. The...

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Tips for Paying Off Your Mortgage Faster

Heather in Money

For most Canadian homeowners, paying off their mortgage as quickly as possible is a top priority. Paying down extra principal in the early years by whatever means...

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Suburban Treasures: Is the End of Richmond Hill's David Dunlap Observatory Near?

by Editor

Urmi in Urban Issues

Ed. Note: Thanks to a sharp reader for pointing out that the total area of the David Dunlap Observatory Lands is 190 acres, not 90 acres as originally...

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Media Roundup - February 1st

In the News

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Toronto Neighbourhoods Increasingly Defined by Schools

by Editor

Urmi in Urban Issues, Lifestyle

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Is Now the Right Time to Buy Real Estate in Toronto (Part 2)

John in Home Buying, Toronto Real Estate News

In a previous post I addressed the one question that’s on most first time buyers minds; is now the right time to buy my first home?...

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Lifting the Clothesline Ban: Let it all Hang Out

Jesse in Urban Issues, Lifestyle

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Toronto's Land Transfer Tax - The Official Word

Rachel in HomeBuying, Money, Legal

On October 22, 2007, Toronto City Council approved a Municipal Land Transfer Tax (MLTT), the "Toronto Tax," and we have now received more...

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Are Toronto Condos a Better Investment than Detached Homes?

John in Toronto Real Estate News

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Media Roundup - January 25th 2007

In the News

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Too Good to be True? Protecting Yourself Against Real Estate Scams

Rachel in Legal, HomeBuying

A recent article highlights one of the most valuable and often glossed over part of your real estate transaction - relationships.  Reported in the Globe...

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Unstoppable Drive: More Canadians Relying on Cars Today

by Editor

Urmi in Urban Issues, Lifestyle

Stats Can's recent release, Dependence on Cars in Urban Neighbourhoods, reveals that car culture is alive and well in Canada - understandable to...

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Finding Sanctuary: Church turned Condo at College and Palmerston?

John in Toronto Condos and Lofts, Toronto Real Estate News

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Toronto's 'Target 70' - Part 2: Green Bin Roll-Out in Multi-Unit Dwellings

Jesse in Lifestyle, Urban Issues

I received this email from greenbin@toronto.ca in response to my inquiry about how the green bin program is to be implemented in multi-unit...

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No Drake Hotel For Queen Street East

John in Leslieville, Toronto Real Estate News

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Ask a Lawyer: Condo Conundrums

Rachel in Condo Buying, Legal, Ask an Expert 

This post is a collection of some popular questions that I have received over the last little while that I thought might be of...

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Leslieville Lofts

John in Leslieville, Toronto Condos and Lofts

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Toronto's 'Target 70': Re-Vamping Waste Collection for Homes and Multi-Unit Buildings

Jesse in Lifestyle, Urban Issues

With 2008 underway, Toronto is only two years away from fulfilling its pledge to reduce its waste by 70%. Appropriately titled ‘Target70’, a large...

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Is now the right time to buy your first home in Toronto?

John in HomeBuying, Toronto Real Estate News

It’s a tough time to be a first-time home buyer in Toronto. Toronto’s eleven year real estate boom has left many first time buyers...

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Media Roundup - January 11th, 2007

In the News

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Allenby: Toronto Neighbourhood Explorer

Jesse in Toronto Neighbourhoods

Nestled in between North Toronto and Forest Hill lies the neighbourhood of Allenby (check out Realosophy’s Neighbourhood Profile for school and...

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Buying Resale - Visit the Property Before Closing

Rachel in Legal, HomeBuying

Most HomeBuyers do not bring the agreement of purchase and sale to their lawyer until it has already been signed. If you do not have a lawyer review...

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Toronto Real Estate Sales Up 12% in 2007

John in Toronto Real Estate News

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Measuring Cities: Calgary Most 'Magnetic', Toronto Second

by Editor

Urmi in Urban Issues, Lifestyle

In case you missed it last month, the Conference Board of Canada issued yet another headline-tailored missive, this one heralding a new report on...

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A Winter's Lament for the City

by Editor

Urmi in Urban Issues

I am grateful for the holidays, however bittersweet, and that all too brief opportunity to catch-up with a bright, wandering tribe I call my friends and...

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Lawrence Heights: Toronto Neighbourhood Explorer

Jesse inToronto Neighbourhoods

The neighbourhood of Lawrence Heights, like a lot of older communities, has two sides (check out Realosophy’s neighbourhood profile for local...

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Happy Holidays!

The team at Move Smartly would like to thank you, our readers, for a wonderful first year. We look forward to bringing you more original analysis and stories about your HomeBuying...

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New Condominium Deposits

Rachel in Condo Buying, Legal, Money

A HomeBuyer can decide to buy a new condo at any point that units are available for sale – meaning from the time the sales office is open all...

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The Start of Fairer Competition? Toronto Real Estate Board Sued for $41 Million

John in Toronto Real Estate News

REM, a Canadian real estate industry publication, reports that discount brokerage Realtysellers is suing the Toronto Real Estate Board for $41...

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Keelesdale: Toronto Neighbourhood Explorer

Jesse in Toronto Neighbourhoods

During my directionally challenged tour of Fairbank, I accidentally ended up in its western neighbour of Keelesdale (check out Realosophy's...

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First-time HomeBuyers Benefit as Ontario Expands Land Transfer Tax Refund

John in HomeBuying, Money, Toronto Real Estate News

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Whither the Canadian Dream? Immigration, Homes and Toronto Neighbourhoods

Urmi in Toronto Real Estate News, Urban Issues, Lifestyle

Some good news on the housing front for recent immigrants to Canada has me thinking about integration issues this week....

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Potential Pitfalls of Winning a Multiple Offer

John in Home Buying, Legal

Multiple offers on homes are a common occurrence in Toronto’s hot real estate market. For those unfamiliar with the dynamics of a multiple offer, go to

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The Royal Canadian Military Institute at 426 University Avenue: Salvation Through Construction?

Jesse in Toronto Real Estate News, Toronto Condos and Lofts

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Carbon Monoxide Detectors and Fire Detectors

Rachel in Legal

It is not just the law, but good common sense. Make sure you have both a carbon monoxide alarm and a fire alarm in your house. Make sure you maintain the...

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Media Roundup - December 6th 2007

Media Roundup

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Toronto Real Estate Sales Break Two Records in November

John in Toronto Real Estate News

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UK Home Information Packs: More Protection for HomeBuyers?

John in Home Buying, Media Roundup

Home Information Packs (HIPs) were introduced in the UK this past summer as a way to improve transparency in the HomeBuying process. HIPs...

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Toronto's Land Transfer Tax (or Beating a Dead Horse)

Rachel in Home Buying, Money, Legal

Mayor Miller’s land transfer tax (Miller’s Toronto Tax) takes effect on February 1, 2008.

I was having a conversation last night about the...

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The DOs and DON'Ts of Condo Living

Jesse in Condo Buying, Legal, Lifestyle

You have found your ideal condominium. It may be a conversion of sorts, a shiny high-rise in a tony neighbourhood or one of the row house...

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Toronto Moving Tips: Regifting, Reusing and Recycling Clutter

by Editor

Urmi in Lifestyle

This week, I find myself having to confront old demons to prepare for a big move. The New Year will find me simultaneously downsizing and upgrading to share a...

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Canadian Interest Rates Impacted by US Subprime Collapse

John in Money, Media Roundup

Rob Carrick from the Globe and Mail had a great article last week that highlighted the effects the US subprime mortgage collapse is having on Canadian...

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Fairbank: Toronto Neighbourhood Explorer

Jesse in Toronto Neighbourhoods

Getting lost in one’s own neighbourhood takes dedication and skill. Having moved to the neighbourhood of Fairbank (check out Realosophy’s...

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Why Home Buyers Need Title Insurance

Rachel in Legal, Home Buying

Title insurance is widely used in Ontario real estate transactions and is often used to replace or augment what is referred to as the ‘solicitor’s...

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Media Roundup - November 23, 2007

Media Roundup

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The Distillery District: Historical Toronto or EuroArt Disneyland?

by Editor

Urmi in Toronto Neighbourhoods, Urban Issues

I particularly enjoyed reading Jesse's take on the history and future promise of the Distillery District this week, since I've been...

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Historic Distillery District: Toronto Neighbourhood Explorer

Jesse in Toronto Neighbourhoods, Toronto Condos and Lofts

A short while, I had lamented on Toronto’s seemingly lack of recognition to buildings that were erected during its...

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What Does the Future Hold for Toronto's Condo Investors? Windfall or Bust?

John in Condo Buying, Toronto Real Estate News

Now that the dust has settled on the insanity that was the 1 Bloor broker preview, we can start asking what the future holds for...

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Aura - Canada's Largest Condo Tower?

John in Toronto Condos and Lofts, Toronto Real Estate News

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Media Roundup - November 16th, 2007

Media Roundup

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GST Reduction and Unethical Builders - Consumers Watch Out

Rachel in Home Buying, Legal, Money

In my very first post on this blog, I wrote about the GST rebate and how HomeBuyers can take advantage of the benefit of the ‘transitional...

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The 5 "Cs" of Credit

Heather in Home Buying, Money

Ed. Note. We are very pleased to welcome a new blogger to the Move Smartly team. Heather Paterson is an experienced mortgage professional who is...

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Condo Madness in Toronto: 1 Bloor West

John in Toronto Condos and Lofts and Toronto Real Estate News

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Downsview: Much More Than a Park

Jesse in Toronto Neighbourhoods                                     

Growing up in the ‘burbs' of Toronto, I had acquired a certain ignorance about the ‘big city’.  Toronto was a place to go annually for holiday...

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Trouble Selling Your Home? Unable to Find a Home to Buy? Double-Check the MLS Listing...

John in Home Buying

Real estate agents have a saying; a well-listed property is half-sold. The term ‘well-listed’ refers to the information the listing agent entered into the MLS...

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Increasing Your Selling Potential Part 2: the Enigma of Home Staging

Jesse in Lifestyle

In my last post, I provided an overview of options designed to aid Home Sellers when they decide to sell and list their home. I compared hiring professional...

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Toronto's October Real Estate Market up 15% Over Last Year

John in Toronto Real Estate News

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Pre-Delivery Inspection (PDI) for New Homes and Condos

Rachel in Legal, Home Buying, Condo Buying

You have finally received the good news that your new home is (almost) ready. Only a few more loose ends to tie up before you can...

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Media Roundup - November 2nd, 2007

Media Roundup

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Toronto Revisits Development Fees to Pay for City's Needs

by Editor

Urmi in Toronto Real Estate News

Nice to know that my spidey-sense is more than a caffeine-induced health emergency.  At the start of this week, I was curious as to why developers...

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New Toronto Land Transfer Tax - Councillor Thompson and Councillor Minnan-Wong Weigh In

Rachel in Home Buying, Toronto Real Estate News

I am sharing the correspondence I received from Councillor Thompson and Councillor Minnan-Wong. Prior to the vote held on Monday...

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The Modern on Richmond Street

John in Toronto Condos and Lofts

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Increasing Your Selling Potential: Going Professional or Not, That is the Question

Jesse in Lifestyle

House Porn. Catchy isn’t it? The words definitely caught my eye while perusing the Lifestyle section of The Globe and Mail. At once I began to reminisce about...

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Editor's Inbox: More on Toronto's New Land Transfer Tax, HomeOwner's Energy Audits

by Editor

Urmi in Toronto Real Estate News

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Bejeweled Phantoms: Will Foreign Investors Accelerate Gentrification in Toronto?

by Editor

Urmi in Urban Issues, Toronto Real Estate News

A Bay St. heavyweight's startling prediction for Toronto's real estate market will worry HomeBuyers looking to become a part of the...

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Shrinking Your Environmental Footprint as a HomeOwner - Part 2: the Government Makes Housecalls

Jesse in Lifestyle

A few weeks ago, I basked in the delicious heat on what City News described as a “whopping 32C"on Thanksgiving Monday in Toronto. Sweltering heat created a...

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Your Condominium Purchase and Insurance

Rachel in Legal, Condo Buying

Very few people give a second thought to insurance coverage issues until disaster strikes – arguably not the best time to start wondering if you...

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Toronto Land Transfer Tax Approved

Rachel in Urban Issues, Home Buying, Legal, Money

Councillor Thompson dropped a stack of over 1,000 sheets of paper at the start of the meeting and announced they represented ‘no’...

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Real Estate Fines: Just a Cost of Doing Business for Some Realtors

John in Toronto Real Estate News, Home Buying

The victims of a phantom (or fake) multiple offer recently came forward to tell their story to Toronto Star reporter Gail Swainson....

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Media Roundup - October 19th 2007

Media Roundup

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Targeting (Some of) Toronto: Why David Miller’s “Fair Tax Plan” Falls Short

by Editor

John and Urmi in Urban Issues, Toronto Real Estate News, Home Buying

With a major tax vote just around the corner, Mayor David Miller hasn’t exactly convinced Toronto that his ...

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How to Take Title - Part Two for Common Law and Same-Sex Couples

Rachel in Legal, Home Buying 

My previous post on taking title did not address the title-related issues in the fairly common scenario where people live together in a relationship...

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What's in a Name? The Neighbourhood of Elia

Jesse in Toronto Neighbourhoods, Urban Issues

Lately, I have been interested by Torontonians' reactions to certain neighbourhoods. Uttering 'Rosedale' or 'Malvern' sends the...

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idea Condominium - new thinking just west of Toronto

John in Toronto Condos and Lofts

idea At a Glance

Neighbourhood: Long BranchTotal Suites: To be announcedExpected Occupancy: December 2009Developer: Queenscorp Residences...

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Real Insight: Making Sense of Real Estate Statistics

John in HomeBuying, Money, Toronto Real Estate News, Real Insight

Ed note.  Real Insight is a periodic feature decoding some of the many mysteries surrounding HomeBuying.

Some of...

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Real Insight: How to Take Title - Sole Ownership, Joint Tenancy and Tenancy in Common

Rachel in HomeBuying, Legal, Real Insight

Ed note.  Real Insight is a periodic feature decoding some of the many mysteries surrounding HomeBuying.

Any number of factors can...

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The Trump Tower is Breaking Ground in Toronto

John in Condos

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Ontario Votes 2007: Housing, Schools and Transit Issues on the Agenda

In the News

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Toronto Unearthed: Shangri-La Condo Stumbles into the Past

Jesse in Lifestyle, Condos, In the News

A few months ago, a fabulous brochure landed in my mailbox. Printed on high-quality, lustrous paper it captivated me with everything that...

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Cube Lofts in Toronto's Little Italy

John in Condos

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A New Look For Toronto's Yonge and Bloor Intersection

John in Condos

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Media Roundup - October 5th 2007

In the News

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What Would Jane Jacobs Think? Expanding Toronto's Underground PATH

by Editor

Urmi in Neighbourhoods, Lifestyle, In the News

Plans are underway to expand Toronto’s PATH system. Developers and planners would like to extend the network of underground...

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Toronto's September Real Estate Market up 4% over Last Year

John in Toronto Real Estate News

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The Village at York: Toronto Neighbourhood Explorer

Jesse in Neighbourhoods, Neighbourhood Explorer

York University’s Keele campus is a daunting collection of all that is academia. Student housing complexes tower over low-rise,...

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Real Insight: Protecting Yourself Against Real Estate Fraud

Rachel in HomeBuying, Legal, Real Insight

Ed note.  Real Insight is a periodic feature decoding some of the many mysteries surrounding HomeBuying.

When you purchase your home, you...

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Promenade on the Danforth Condo

John in Condos

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1820s Farmhouse For Sale in Etobicoke

John in Toronto Real Estate News

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Media Roundup - September 28th, 2007

In the News

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Guildwood: Toronto Neighbourhood Explorer

Jesse in Neighbourhoods, Neighbourhood Explorer

Few neighbourhoods hold my fascination as Guildwood does (see Realosophy's Guildwood neighbourhood profile for local school and...

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New York Times Abandons Online Subscription Model - Is the Real Estate Industry Paying Attention?

Rachel in In the News

A small headline on the bottom of the first page of the Globe and Mail's Report on Business section grabbed my attention. Amidst all of the excitement about...

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A Room of One’s Own: Moving Private Pursuits into Shared Spaces

by Editor

Urmi in HomeBuying, Lifestyle

In order to write great fiction, Virginia Woolf opined back in 1928, a woman must have “money and a room of her own.” In observing the limited...

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Real Life: Is it the Right Time to Upgrade Your Home?

John in HomeBuying, Money, Lifestyle, Real Life

Ed note.  Real Life is a periodic feature detailing stories about the situations HomeBuyers encounter in the real world.

A reader...

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Condo Update - Corktown District - Final Phase Release Date

John in Condos

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Autumn Market Going Strong in Toronto

John in Toronto Real Estate News

Here are the latest housing stats, in the words of the Toronto Real Estate Board:

September 20, 2007 -- With 3,236 sales so far this month,...

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128 Day Avenue - Toronto's Smallest House is For Sale

John in Toronto Real Estate News

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Why Toronto Needs a Consumer-Focused Real Estate Website

John in Realosophy News, HomeBuying

The absence of consumer protection in the real estate industry was one of the main reasons our team started Realosophy. HomeBuyers are the most...

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Is the Real Estate Industry Coming to Terms? The Fake or Phantom Multiple Offer in Toronto

by Editor

Urmi in HomeBuying, Money, Toronto Real Estate News, In the News

No wonder consumers are confused when it comes to HomeBuying – apparently, they are not the only ones. Departing...

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Media Roundup - September 14th, 2007

In The News

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Real Insight: Is the 40-Year Mortgage Bad News for Canadian HomeBuyers?

John in Money, HomeBuying, Real Insight, In the News

Ed note.  Real Insight is a periodic feature decoding some of the many mysteries surrounding HomeBuying.

Last weekend’s...

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Dreaming the Big Dreams in Toronto: New Urbanism, Smart Growth and High-Density Development

by Editor

Urmi in Neighbourhoods, Lifestyle, Condos, In the News

Urban planning enthralls me, like so many others, because it holds out that tantalizing promise of agency, that assertion...

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Prepare for the Inevitable – Your New Home or Condo Purchase and the Supplemental Property Tax Bill

Rachel in Condos, HomeBuying, Money

When you purchase a new home or condominium, on your statement of adjustments, there will be a section that references realty taxes (also known...

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Shrinking Your Environmental Footprint as a Home Owner: Baby Steps For An Eco-Home

Jesse in Lifestyle

My head was spinning after hearing the latest eco-friendly, organically inspired gadgets debuted on the morning news. Geared towards HomeOwners who are trying...

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Real Estate Sales In Toronto - August 2007 is 5th Consecutive Record-Setting Month

John in Toronto Real Estate News

Here are the latest housing stats, in the words of the Toronto Real Estate Board:

August 2007 became the fifth record-setting month in a row,...

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Media Roundup - September 7, 2007

In the News

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Forest Hill: Toronto Neighbourhood Explorer

Jesse in Neighbourhoods, Neighbourhood Explorer

Growing up in a suburb east of Toronto, I was unaware of the weight some neighbourhoods carried when their names were uttered. “You...

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Rise of the Grow-Op: Home Inspections Protect HomeBuyers Against Newer Dangers

Rachel in Legal, HomeBuying, In the News

There are many reasons to require a home inspection prior to firming up your real estate transaction. For most people, buying a home is...

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Extended Amortizations and Toronto's Real Estate Market: Real Opportunity or Bubble Booster?

John in HomeBuying, Toronto Real Estate News

Talk about real estate in Toronto usually centers on the city’s booming housing market. For the past seven years, we’ve been hearing...

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Media Roundup - August 31st, 2007

In the News

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Avoiding Sticker Shock – The Statement of Adjustments and Your Condo Closing

Rachel in Condos, HomeBuying, Legal, Money

Nothing sends clients reeling like the statement of adjustments on a new condominium closing, except, perhaps the statement of...

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About Move Smartly

June 2010 - Editor's Note: Due to spam and trolling issues, Move Smartly's comments have been disabled. But we still want to hear from you! Please feel free to send our writers...

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Is Toronto the Most Successful Multicultural City in the World?

by Editor

Urmi in In the News, Neighbourhoods, Lifestyle

Humans, it seems, can never get enough of parlour games—Monopoly, Scrabble, Name the Most Successful Multicultural City in the...

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Why Every Real Estate Investor Needs a Good Lawyer

John in Toronto Real Estate News, Legal

An article in the Globe and Mail this weekend tells the story of a handful of investors who pre-purchased condominium suites at the now...

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Corktown District Phase 2

John in Condos

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US Subprime Mortgage Crisis: Here's to Being Boring, Canadian-Style

John in Toronto Real Estate News

I came across a New York Times article this weekend that outlines the lending practices of one of the US's largest mortgage lenders, Countrywide...

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The Nuts and Bolts of the US Subprime Mortgage Market

John in Toronto Real Estate News

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Media Roundup - August 25th, 2007

In the News

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Blog Roll

A selection of blogs that we keep an eye on:

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Credit Score 101 for Adventurers and Other Miscreants

by Editor

Urmi in HomeBuying, Money

For the longest time, I put off one of the first steps any potential HomeBuyer is advised to take: get one with your credit score or rating. For most of...

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Rezen Condo

John in Condos

Rezen is a new condominium project currently under construction at the corner of Frederick and Adelaide, just west of Sherbourne. This condo is a short walk from...

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The US Real Estate Market Meltdown: is Toronto Next?

John in Toronto Real Estate News

The persistence of Toronto’s red hot real estate market has left many HomeBuyers wondering if things are ever going to slow down. The US real...

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Glen Park: Toronto Neighbourhood Explorer

Jesse in Neighbourhood Explorer, Neighbourhoods

Almost at the foot of the Allen Road Expressway lies a quiet collection of houses just south of Lawrence - the neighbourhood of...

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New Condominium Interim Closing

Rachel in Legal, HomeBuying, Condos

There is a very interesting period during the purchase of a new condominium that resembles something between ownership and renting...known as...

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Real Insight: Do You Need an Agent if You are Buying a Home Privately?

John in Real Insight, HomeBuying

Ed note.  Real Insight is a periodic feature decoding some of the many mysteries surrounding HomeBuying.

A couple I know was recently given the...

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South Annex: Toronto Neighbourhood Explorer

by Editor

Urmi in Neighbourhoods, Neighbourhood Explorer

Ed. Note. Kicking off a day of free celebrations at Bathurst and Bloor this past Sunday, Mayor David Miller officially declared...

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Toronto Island: Paradise Lost?

Jesse in Neighbourhoods, Neighbourhood Explorer

Ed. Note.  Neighbourhood Explorer is a regular feature in which our intrepid adventurer presents an up close-and-personal tour of a...

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Media Roundup - August 10th, 2007

In the News

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Toronto's Boutique Condo Update

John in Condos

Rumor has it that Boutique Condos will be adding an additional 16 floors on top of its Phase 2 condo at the corners of Nelson and Simcoe in Toronto's ...

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Tam O'Shanter-Sullivan: Toronto Neighbourhood Explorer

Jesse in Neighbourhood Explorer, Neighbourhoods

Although I frequently visit Tam O'Shanter-Sullivan, I have never taken the time to really explore the area (see Realosophy's Tam...

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Branding Toronto’s Neighbourhoods

by Editor

Urmi in HomeBuying, Neighbourhoods, Lifestyle

“So,” Paul concluded, pausing to swirl his caesar-with-extra-horseradish, “I believe I live in the Upper Upper West Annex.” Seated...

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Toronto's July Real Estate Market Sets Record

John in Toronto Real Estate News

New stats reveal that Toronto’s red hot real estate market is showing no signs of slowing down. July’s 8,912 total sales is a 26 percent increase...

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Media Roundup - August 3rd, 2007

In the News

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The Real Property Survey Says...

Rachel in Legal, HomeBuying

My friend recently purchased a house and despite my best efforts, she proceeded with the transaction without obtaining a survey. Exasperating! A survey...

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Woburn: Toronto Neighbourhood Explorer

Jesse in Neighbourhoods, Neighbourhood Explorer

Ed. Note.  Neighbourhood Explorer is a regular feature in which our intrepid adventurer presents an up close-and-personal tour of a...

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Clear Spirit - New Condominium at The Distillery

John in Condos

Five short years ago, the only reason most people were driving by the corner of Cherry and Mill streets was to get to a Toronto landmark, the Canary Restaurant. As...

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The Land Transfer Tax: the Toronto We Want?

by Editor

Urmi in HomeBuying, In the News, Toronto Real Estate News

Thanks to council's decision not to decide, heated discussions about David Miller, Millerites (the crew not the brew) and...

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Media Roundup - July 27th, 2007

In the News

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Media Rankings: Best Cities and Toronto Neighbourhoods

by Editor

Urmi in Neighbourhoods, HomeBuying, Lifestyle

Being a bit of a news wire junkie, provocative headlines tend to catch my eye: “Ottawa ranked best place to live in Canada.” Before...

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Real Insight: Condominium Conversions

Rachel in Legal, Condos, HomeBuying, Real Insight

Ed note.  Real Insight is a periodic feature decoding some of the many mysteries surrounding HomeBuying.

A very dear friend of...

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The Dual

Jesse in HomeBuying, Lifestyle

A glossy brochure peeked out at me from underneath the stack of mail that I had tossed on the counter, partially hoping it would read and sort...

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The Multiple Offer: the Real Estate Industry’s Achilles' Heel?

John in HomeBuying, Toronto Real Estate News

An article in the Toronto Star this weekend highlights one HomeBuyer’s experience competing in four bidding wars (multiple offers)....

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Media Roundup - July 20th, 2007

In the News

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GST Rebate

Rachel in Legal

How would you like the purchase of your new home to translate into clawing back some of your hard-earned dollars – and from the government? Very much, I think....

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About RSS

RSS or Really Simple Syndication is a format for delivering fast-changing web content. Many news-related sites, blogs and other online publishers automatically send out their...

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North Toronto: Toronto Neighbourhood Explorer

Jesse in Neighbourhood Explorer, Neighbourhoods

Ed. Note. Neighbourhood Explorer is a regular feature in which our intrepid adventurer presents an up close-and-personal tour of a...

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In Search of that Money-making Home Renovation…

I love strolling through my neighbourhood on those bright but lazy Sundays. Warm or cold, young and old toil away on their front lawns or in their garages throughout the city....

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Deciding What You Want in a Home—as a Couple

John in HomeBuying

Many HomeBuyers have a difficult time deciding on the type of home and neighbourhood they want to live in. Couples often have an even harder time because both...

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The Young, Urban and Carless…HomeOwner?

by Editor

Urmi in HomeBuying, Lifestyle

I have long been committed to low-rent, public transit, downtown living in the belief that having low overhead (no home maintenance, no car, no...

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Real Life: How Long and Short-Term Interest Rates Affect You

John in Real Life, Money, HomeBuying

Ed note.  Real Life is a periodic feature detailing stories about the situations HomeBuyers encounter in the real world.

In my previous post,...

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Real Insight: The Long and Short of Interest Rates

John in Real Insight, Money, HomeBuying

Ed note.  Real Insight is a periodic feature decoding some of the many mysteries surrounding HomeBuying.

Earlier this month, I came across a...

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Realosophy Launch

Welcome to realosophy.com!  We hope that you are as excited as we are about our new Toronto HomeBuyer’s website.

We are a group of young consumers and professionals who once...

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