January 2011 - Posts

Apartment For Rent/Lease in Dundas/University
31 January 11 12:58 PM | Anne Lok | 0 Comments   

Walking distance to everything! • 960 sq. ft., 2 bath, 2 bdrm apartment "Condo" - MLS® $1,925 Monthly - Live Right Downtown!! Dundas/University, Toronto - Downtown 'Residence of the Artisan' -Well Managed Building.Approx. 960sf Read More...

Filed under: Real Estate, For Rent/Lease

Regent Park Revitalization Update- One Park West Condominium Construction Progress
30 January 11 10:30 AM | Anne Lok | 0 Comments   

Since my last post in August 2010 on construction progress on One Park West condominium and the new Townhomes, the development has made tremendous progress. The new tower is targeted for occupancy this summer, and the construction blitz is continuing Read More...

Filed under: toronto downtown condos regent park revitalization toronto preconstruction toronto downtown east, toronto cabbagetown

What you should know about easement when purchasing or selling a property
23 January 11 10:16 AM | Anne Lok | 0 Comments   

An easement has been defined as a right that one entity has over the land of another. This can be the right to do something on the other's land or the right to prevent the land owner from using land in a certain way. Minor easements make up less than Read More...

Filed under: Buyer Information, Seller Information, toronto real estate, buying toronto property, easements

What does it entail to retrofit a property with second suites?
21 January 11 05:10 PM | Anne Lok | 0 Comments   

I am sure many of us have come across listing or selling residential properties which have second suites, or commercial properties which have a residential component. Second suites can provide affordable housing for tenants, at the same time let tenants Read More...

Filed under: toronto real estate, retrofit, second suites, basement apartments, zoning

Beware of real estate euphemisms - wording on listing description that Lenders don't like
20 January 11 11:10 AM | Anne Lok | 0 Comments   

In today's stringent lending climate, as listing agents, we often don't think of how the description of what we write on the listing can affect the lender's decision in evaluating the property's attributes, while we try to make the property Read More...

Filed under: toronto real estate, financing, mortgage, buying toronto property, first time buyers

Canadian Mortgage rules are changing...again
20 January 11 11:09 AM | Anne Lok | 0 Comments   

The finance minister announced changes to mortgage lending guidelines. The following changes were outlined: · Maximum amortization reduced to 30 years (from a current maximum of 35 years). This is a significant change for many borrowers who may Read More...

Filed under: financing, toronto home buying, mortgage, buying toronto property

City of Toronto Zoning by -law and Interactive Zoning Map
20 January 11 11:06 AM | Anne Lok | 0 Comments   

Toronto zoning by-laws state the provisions that regulate the use, size, height, density and location of buildings on properties within a region, city or town. The main purpose of zoning by-laws is to regulate the type and size of building that can be Read More...

Filed under: Buyer Information, toronto real estate, toronto zoning by-law