Step Inside One of the Most Intriguing Live Work Lofts at 245 Carlaw Ave in Toronto Leslieville's Studio District Find similar condos for sale at The Wrigley Lofts at 245 Carlaw Ave in Leslieville Toronto. The Wrigley Lofts at 245 Carlaw Ave in East Side Toronto's Leslieville is conveniently located between Dundas and Queen St East. Unit sizes range from 300 to over 3000sf, have original huge windows and are flooded with light, characteristic mushroom columns, double storey height for mezzanine level, and living space large enough to throw a dance party. This block of Carlaw showcases some of the best and most unique lofts in Toronto. The Ultimate Industrial Hard Lofts at 245 Carlaw Ave in L

A Mortgage Preapproval Is Not A Guarantee For Final Mortgage Approval. Since we are in a fast paced market, it is important to sit down with a mortgage professional who will take the time to explain the mortgage approval process as well as what the lender expects before jumping into a purchase. Rosanna Younan from Premiere Mortgage has put together some scenarios Buyers should be aware of based on her personal experience: What are pre-approvals? Preapprovals provide the borrower and their real estate agent a guideline of how much the buyer can afford for their home purchase, and the purchase price he/she should be working with. Some lenders offer full underwriting whereas others are automate

What Is Your Toronto Home Worth? What A CMA Report Means And Understanding Your Local Real Estate Market. When sellers want to know how much their home is worth, they can reach out to an experienced real estate agent to obtain a CMA [Comparative Market Analysis]. A CMA report will reflect an estimate of value based on the local statistics of the recent SOLDS, EXPIREDS, and LISTINGS, and how long they were on the market for. True comparable only goes as far back as 6 months. If there are no comparables of similar homes sold in the 6 months time frame, we will carry out an analysis by looking at time trend. In an upward or downward trending market, adjustments will need to be made when suggest

My Winning Strategy To Get Your Offer Accepted In A Multiple Offer Situation. I recently wrote a blog on Buying A Home In A Seller's Market. I have represented Buyers in many multiple offer situations. Maybe because of the unpredictable human element, there is no one offer situation that is the same. If you view a house and there are already 20 agent business cards on the table, the chances of a multiple offer situation is very high. Going with an inexperienced agent who is not familiar with the multiple offer process or how multiple offer is handled can cost you tenths of thousands. A freehold sale, a condo sale and an estate sale can be very different from one another. I have many strate

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Buying A Home In A Seller's Market. Bidding wars, multiple offers and bully offers are a common occurance in the current Toronto real estate landscape. This is particularly true for the low rise housing sector in the urban centre based on recent market statistics, where demand is high and inventory is low. It's not unusual for a property to sell within the first week. If you are an active buyer with a budget of under $1million, chances are there are multiple home buyers looking to purchase the same home in your price bracket. It is important to understand how to handle a multiple offer situation, come prepared and write a winning offer in a bidding war. Writing a winning offer does not alwa

Toronto Real Estate Market Report - July 2016 [All statistics via Toronto MLS Market Watch] Another record has been broken in July with 1% more sales transaction than this time last year according to the MLS system, mostly due to sales in the condo segment. Condos are still a more affordable entry level into the real estate market compared to freehold low density housing. GTA demands for homes are strong, a reflection of strong job growth, wage increase above inflation and record low borrowing rates. Low rise housing segment still remains the highest demand due to the shortage of available listings for buyers currently looking in the market. The pent up demand is also driving up the price of

The Best Indie Cafes To Work From In Toronto East Side. East end Toronto is changing rapidly with its three major master planned developments from Regent Park to West Donlands, from Riverside to Leslieville. Commercial rent on the east side is still relatively lower than the west. For this reason artisan coffee shops have chosen to open along the East corridors of King St, Queen St, Dundas and Gerrard St East. Coffee shops are everywhere in Toronto. Indie cafes help shape and give character to our neighbourhoods, it is also an important extension of the modern day work space. There are cafes that attract the morning grab 'n' goers, some with a cult following, and others that are more laid b

What is Porting or Transferring Mortgage? Many home owners are unaware that they can port their current mortgage to their next home if they are selling and buying. I am re-blogging an article by Rosanna Younan, mortgage broker at Verico Premiere Mortgage Centre has put together a list of benefits of porting a mortgage. Many lenders allow borrowers to PORT (move / transfer) their mortgage from one property to another. For example: Three years left in your mortgage term You decide you want to buy a new property & sell your existing home Most lenders allow you to move your existing mortgage (terms, rate) to your new property It’s important to check your lender’s policy regarding ports. Benefit