EMPIRE MAVEN – A BOUTIQUE RESIDENCE ON AVENUE ROAD
An exciting new boutique residence rising seven stories tall on one of Toronto’s most sought-after streets is coming soon to Avenue Rd. & Lawrence. 1700 Avenue Road, Toronto – Empire Maven Condos, is a new condo development by Empire Communities currently under construction and scheduled for completion in 2021. This prolific project offers a classic […]
A TIGHT JULY: WHAT’S HAPPENING IN THE MARKET?
The Toronto Real Estate Board announced a reported number of 8,595 sales in July 2019. This result demonstrated a significant increase of 24.3 per cent in sales compared to July 2018. Sales were up 5.1 per cent on a month-over-month basis, after the anticipated seasonal adjustment. Tighter Conditions Year-over-year, the number of new listings entered […]
Mortgage Stress Test Rates Drop for The First Time Since 2016
While the Bank of Canada’s mortgage rates in the OSFI Stress Test has proved to live up to its name since implemented back in January 2018. Last Friday, however, the banks finally decided to lower their mortgage rates for the first time in almost 3 years. The central bank’s five-year benchmark qualifying rate has dropped […]