Posts Tagged ‘toronto’

Expand Your Options for Home Buying with Rent-To-Own

November 29th, 2010

Young couples as well as families wanting to own their very own home are often disappointed with the conventional and often restrictive financing offers available from banks as well as conventional mortgage loan firms.

Rent to Own (also called lease to purchase, or Lease to buy) allows you to consider homes for rent or lease that offer you the option to own the home by way of a lease-purchase contract. It could make your monthly rent meet your home ownership needs as an alternative to making your landlord rich.

Many potential property owners are discouraged to perhaps consider buying a residence due to the fact that, in their minds, they haven’t accumulated a sizeable enough downpayment, or they’ve encountered a scenario that impacted their own credit, or possibly feel they might have to compromise on the quality of their residence or perhaps the locale. Let’s examine each of these challenges:

1) Funds Required for Downpayment. Within the conventional procedures for loans, financial institutions operate with a mindset and a predetermined method for their personnel to increase revenue with no financial risk whenever a potential homeowner looks for help. In Canada, 15-25% of the property’s value is the usual expectation. However, within a Rent-to-Own situation, the property vendor is ready to be flexible if the purchaser has the ability to put a moderate down-payment in the 3-5% range and can show a solid history of meeting monthly rental monthly payments.

2) Credit History Concerns. People who have ideal credit are few. You may have simply just completed a costly education, or perhaps worked with a family predicament that affected your credit rating. Fortunately, there are For Sale By Owner and Lease To Own businesses who are ready to assist individuals with a less-than-perfect credit history. Even with a hiccup or two on your credit status, or if you’ve yet to establish an adequate credit rating, there are many home owners that want to hear from you.

A great indicator of a quality Rent-To-Own firm is whether or not they have a credit restoration program. Your goal in using the Rent To Own option is to leverage your time and monthly lease commitment to strengthen your credit and qualify for a regular mortgage after a period of time.

3) Quality of House. You’d be surprised at the amount of home you can afford once you investigate Rent To Own as a home-buying technique. Domestic real estate in all areas of your target neighbourhood can be obtained. What is key is lining up with the right partner to help you acquire your own home and give you the benefits of their expertise to best take advantage of your current finances.

The conventional financial industry and mainstream media have long portrayed house ownership as an choice available to a small minority who match the conditions of significant downpayment and great credit ratings. If you are fully commited to home ownership and are ready to contemplate alternate methods to realize this goal, then Rent to Own is a proven financial strategy to get into the action. You owe it to yourself and your family.

Looking to find the best information on Rent To Own Programs, then visit www.renttoown-toronto.com to find the best advice on Lease to Purchase Homes for you.

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How To Find Apartments For Rent Easily

June 14th, 2010

Many people all over the world have spent time looking for great apartments for rent at least once in their lives. It can seem difficult in the beginning to find the perfect place to live, but it will get easier. Following these tips for apartment searching can be a big help in making things go smoothly!

Having a computer at home can be a big advantage in your apartment search. One of the best things about having internet access from home is the ability to search for the perfect apartment at any time of day or night. If you have a busy schedule, the internet can make things instantly easier for you. Be prepared, in a matter of minutes you can see thousands of listings on your screen!

Most of the popular real estate companies in your town or city will have their own web page that features the current available apartment listings. On the website you will also find information about the real estate agents in order to choose on to suit your specific needs.

Once you click on the listing for an apartment, there is a good chance that you will find photographs. In addition to the photos, you will find information about the apartments. If you are interested in certain things, such as central air or a fireplace, be sure to read the information thoroughly.

Some people prefer a more traditional approach to finding an apartment for rent. You may have noticed when driving around your neighborhood that when an apartment is available to be rented, there is commonly a sign out front with a number to call for leasing information.

Once you call the number provided for you on the sign you can take that opportunity to ask any questions that you may have about the cost of rent, amenities, or leasing terms. These are all important questions for you to ask in order to find just the right place for you to hang your hat.

After checking out the online listing or passing by a property for rent, you may decide that you would like to look into the property further. If this is the case, then you can set up a time with the owner or real estate agent to visit the apartment and see the inside for yourself.

If you would like to proceed with renting the apartment after the visit, you can ask to complete the application. You can expect to have to pay a small application fee to cover the cost of a background check and a credit history check. Many apartments have restrictions on who they will rent to based on previous rental history.

One you have completed the application and been approved, congratulate yourself. Enjoy having your new apartment and take advantage of the chance to have a housewarming party with all your friends and family!

When browsing online for Toronto apartments for rent, make sure you check out Torontorentals.com, offering a massive selection of apartments for rent Toronto, North York and the rest of the GTA.

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How To Find Apartment Rentals For Family Living

May 9th, 2010

Looking for an apartment is much easier when it is just for a couple or single person. But when you have a family to think about, there are some specific things that can make a great building. The best way to find apartment rentals for family lifestyles, is to be thorough when you are viewing units.

Kids need a lot of space indoors. When you are looking for individual apartment units, you will have to take the size into consideration. Some apartments have small living rooms but larger bedrooms. Or a large living area but smaller bedrooms. There has to be a balance somewhere, so that kids have enough space to move around.

A large play area outside, can make up for a not so big unit. When the apartment you find is not very big, at least have it compensated by a large running area outdoors. Kids and families might use this area for picnics and family games and sports.

When you have a laundry service in the same building as your apartment, it can make it very easy when you have kids. More family members can mean more laundry and you don’t want to be taking clothes to the off site laundry facility if you don’t have to a few times a week. When it is just down the hall or down stairs, you can do a few loads during the week, when it is perfect for you.

Daycare that is located in the building itself, can be a nice feature to have when you have kids. Often the traveling in the morning or on the way home from work, can be exhausting enough, when people have to add time on to the commute to do a daycare drop off or pick up, it can be tricky. When it is close by, it can make life easier for everyone.

Some apartment buildings have parks and a pool on the property. This can be nice for anyone who has kids and likes to spend time doing recreational activities. Often people with young kids, need an extra place that is close by, to let kids run, climb and swim. For older children, parents can send them to the park, when they need to get outdoors.

When you have children, getting out to the store, can be tough. This is especially true if there is no access to a car. Finding a building with a store, can make running small errands simpler and faster to do. There will be times when you run out of important items that you need, and getting out to a store might not be an option, there could be bad weather or no access to a car, but when a store is located in the building, you just have to take an elevator to get to your destination.

With the right apartment rentals for family situations, you can have a building that you can truly call home. When everything can be accessed right at your building it can be handy for anyone who has a family and children. An apartment that is full of families and kids, will provide you with the right environment to raise a family.

Toronto rentals offers the largest offering of apartments for rent in Toronto. When looking for the best apartments for rent Toronto be sure to visit Torontorentals.com.

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Looking At Apartment Rental Tips Before You Rent May Save Time And Money

April 17th, 2010

For many people renting is the most affordable option available. Renting can be a good choice for many reasons. Before you rent, following general apartment rental tips can make finding the best apartment easier.

Your budget is a major consideration. You need to know what you can afford. Usually, having about thirty percent of your take home pay for rent is a good guideline. You should prepare a list of things that you feel you must have in an apartment. Decide on the number of bedrooms, whether you will need parking, whether you need a pet friendly place, etc. Knowing what you need before you start, can make the process faster and easier.

Once you know what you want, it is time to start looking. Do not expect to find the right place quickly. It may take a couple of months or longer. Classifieds in newspapers and online are usually good places to start. If you feel you need help, it might be advisable to hire a rental agent. Just keep in mind that this will cost some money, but it may be worth it since they are familiar with what is available in your area.

Once you have some apartments in mind, make sure you canvas the neighborhood. Look for signs that it is safe. If you have children, find out about the quality of the local schools. Also talk to others in the neighborhood, if possible. If the neighborhood does not feel right for you, look somewhere else. You do not want to rent somewhere you are not comfortable.

Once you find a good neighborhood, you can start to look at individual apartments. Once you find one you like, check it out very carefully. Look not only at the obvious exterior spots, but also look inside drawers and closets to see if there is any indication of rodents or insects. This is not the time to be shy. You need to know exactly what you are looking at. Check the apartment and surrounding areas for cleanliness. This may help determine how well the landlord keeps up the property. Be sure to look at noise levels, not only from the street, but also from adjacent apartments, as well. You do not want to rent a place only to find that the noise is unbearable.

Make sure you ask questions before signing a lease. For example, are utilities included? If not, how much do they usually run in the area. Are pets allowed? Can you have a roommate to share costs? Is parking available? Does it come with a washer and dryer or a common laundry room? Try to think of everything that needs an answer, before signing the lease.

Do not be afraid to try to negotiate the price, especially if it is a little more than you are willing to pay. The landlord may be willing to adjust the price if he needs to rent the property badly enough. Make sure you understand policies about deposits, and what the consequences will be if you have to break the lease. The lease is meant for your protection, and also the landlord.

Finally finding that perfect apartment will be worth all the effort. Following some simple apartment rental tips, will make the process easy and virtually stress free.

Are you trying to search for apartments for rent Toronto? Then make it a priority to browse through Torontorentals.com in order to find the best apartments for rent in Toronto that suits your needs.

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Tricks For Smartly Looking For Apartments For Rent

March 18th, 2010

Looking at apartments for rent can be tricky. There will always be something you over look or some question you forget to ask before you sign the lease. The trick is to know the really big issues that people often forget about in their search for the right size at the right price. These things are, of course, the most important. But certain apartments that are ‘a steal’ could be cheap because they present their own problems. You may want to pay a bit more for a smaller place and actually be happy there.

One thing to figure out is how this is going to affect your commute to work. Drive through the area to experience morning traffic. Find out if the roads get plowed and salted in the winter. Look for bad intersections that could be dangerous or traffic lights that stay red for an annoyingly long period of time. You must think of your car, since it is the other huge purchase apart from a place to live. There should be gas stations and car garages near by that you trust and are reasonably priced.

Find out all you can about the neighborhood for your apartment rentals. Look at the list of crimes in the paper and see if your town is the residence of any of these offenders. Is the school good? Are there street lights on the street? How far is it from the police station? Drive around at all hours to see what you think of it.

Factor utilities into your rent, along with cable, trash removal, and washer and dryer services. These can be lots of hidden costs for people, plus hugely inconvenient. Does the landlord plow the driveway in the winter? Ask about the insulation of the house. Many rental properties are not maintained as well as they should be because it is expensive to do so. More supplies cost more. But you may be throwing away your money because your heat will have to be turned up extremely high to keep your house at reasonable temperatures.

Get a list of ‘dos’ and ‘don’ts’ before you sign the lease. You do not want to be surprised or have your security deposit taken because you did not realize that you could not hang pictures on the walls. Can you have a pet? Can you have a vegetable garden out back?

Good apartments should come with a few appliances like a dishwasher and fridge. If there is room, a washer and drier should really be included. Some may even give you a vacuum cleaner in order for you to keep the apartment well maintained. Make sure to look at the stove and find the fire alarm. If there is no fire alarm, do not move in. Inspect the plumbing–the sinks and the shower should all be clean and in good condition.

Look at your current abode and see how much space you need for things. Measure large objects like your bed or desk. Do you need more closet space? Are there plenty of kitchen cupboards? Count the number of electrical outlets in each room. The last thing you want is an electrical fire because you have too many things plugged into a single socket.

The landlord is another aspect of the apartment. This person must be willing to take care of your needs and respect your space, just as you will respect his or her property. If you do not like the person or have heard bad things about him or her, consider finding a different place. Ensure that you have multiple ways of contacting said landlord in the event of an emergency.

Are you looking for appartment rentals in Toronto? If so, look no further! We’re the number one source for Apartment rentals Toronto and Toronto apartments for rent. Find your dream apartment in Toronto today!

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Toronto West Realtor Monica Itiniant – Listing Great Toronto Homes For Sale

November 15th, 2009

Did you know that the Bloor West Village is Canada’s latest BIA (Business Improvement Area), established in’70 by Alex Ling. Shortly thereafter the next BIA concept extended to other parts of the urban center and North America? Bloor West Village comprises of more than 440 shops, eateries and services as is widely known as one of most popular shopping regions in Toronto. Many of the households in the Bloor West Village have terrific front porches that are well shaded by the high oak and maple trees that line the streets of this vicinity. Bloor West Village has slowly aged into a tremendous mixing of big-city convenience and small-town atmosphere. And let me state you cant go bad buying real estate in this area, as it appreciates very good in a short 5, 10 year time period. This area always has great Toronto Homes for sale.

One passing saunter down the Bloor West Village area will allow you to discover how much of a tremendous community it is in one of the most preferred neighborhoods in the Greater Toronto Area to live in. This area is simply one of the most productive and sought after retail locations in the Greater Toronto Area; it is a quintessential seasoned Toronto neighbourhood. If you like what you are hearing so far, check out this information on Monica Itiniant Toronto Homes for sale

On the real estate sales position, recent real estate data proves in fact that the Bloor West Village is, and has been for over 15 years a highly sought after place to live, and through time, it’s as hot in sales terms, as the GTA can get. As an masterful sales representative in the Bloor West Village I can obtain you the latest Bloor West Village MLS lists and keep you educated on real estate in this area, Toronto West, Ontario and any encompassing areas you may have an involvement in. It’s a must-buy area for any Torontoian, realtors, appraisers, surveyors, historians, and mortgage brokers, along with those of us who travel to this terrific city. When you start searching Toronto Homes for sale, start with the Bloor West Village.

The Jane and Runnymede subway stations are an outstanding part of the Bloor-Danforth subway line, very well traveled and are both within a minute or two walking spaces of the households in Bloor West Village. There is even extensive parking located nearby and are footsteps from the Runnymede subway station. The QEW is only ten minutes away and the 401 is only 20 minutes away, Sherway Gardens is only twenty minutes away, there are many malls in a light driving distance as well as High Park is perhaps a brisk 5 minute drive away. The Bloor West Village boasts some of the nicest Toronto Homes for sale.

High Park, one of our cities biggest parks, provides the dish of nature and the convenience of Bloor West Village. Notably well known for being a great school district, there are measures to umpteen shops and the Bloor subway making it an accessible access area to transport via the subway or a commute to the downtown core by the QEW.

The Bloor West Village is a special community, with extraordinary real estate properties in one of the most sought after neighborhoods in the Greater Toronto Area. On a cultural line, the Bloor West Village Ukrainian Festival, which celebrates the prominent Ukrainian influence active in the community, takes place in August of each year and is one of the city’s most hot events.

As a real estate agent, I can find you any information you need for this area. With the streets of Bloor West textured with old trees and the roads moderately wide, it is nice to recognize it is a outstanding child friendly neighborhood with quite a few recreation centers, parks and a few very well interpreted schools close such as Public Elementary School – Annette Jr. … Sr., Public High School – Humberside Collegiate Institute, Western Technical Commercial School, and finally Catholic Elementary School – St. Cecilia or St. Pius X. There are also a few private schools – Montessori High Park School, and Montessori Humberside School.

Some entertaining demographics and facts about the Bloor West Village are: the average home price is $490,000, average property taxes $4500, main population age between 20-49, and the average house income is well over $125,000. The Bloor West Village has slowly matured into an exceptional mixing of big-city convenience and small-town ambiance.

For more information on this utterly fantastic area, please give me a call at 416-523-1315, ask for Monica Itiniant. I am an agent that you can turn to, specializing in Toronto homes for sale.

When you need great real estate advice from a trusted professional. Enjoy the benefits of a productive agent and call Monica Itiniant, she can help you with finding Toronto Homes for sale

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Excellent Toronto Homes for Sale right now

November 3rd, 2009

Monica Itiniant quotes that most people make the most expensive and nerve racking purchase when they are buying a home. Now conceive of on the different side of the coin, how nerve racking it can be seeking for Toronto homes for sale. For some individuals this is an strenuous exercise.

Buying a home should be a tremendous time in your life. Make it comfortable on yourself, save your precious personal time and work with a tremendous real estate agent specializing in Toronto Homes for sale. Monica Itiniant from Royal LePage Services is indeed that someone, let me explain why. After you purchase a home on your own, perhaps without an agent, more times than not, there are faults of the home that pop up after in time. No inspection, new zoning bylaws that were not said to you at time of purchase, the region is known for termites, beleive me the list can go on.

Too many people get captured up in the commission an agent gets when buying or selling however they blank out one thing. A good agent knows their stuff – financing, looking after YOUR best interests, finding financing options available for you, assisting with inspectors, and so many more matters. It is experience that you realize by working with an agent, and experience cuts the amount of headaches that the average person finds when buying. Check out this info for Monica Itiniant Toronto Real Estate Market – Toronto Homes for sale

Whether you’re browsing for previously owned or other, or if you’re debating about purchasing a home, make sure you recognize the properties accurate condition earlier you produce an offer. An versatile real estate agent should be able to guide you through each step to buying a home. Here are some simple measures when buying a home/condo. Verify what you Require. Decide what you WANT. Estimate how much you can AFFORD. Do all the amounts, all your expenses and all your incomes. Be precise. Acquire pre-financing, find a pre-approval. This pre-approval mortgage total is a specific dollar number that says you what you can afford. Dont start searching until you have this essential $ number.

And now is a great time for first-time home buyers as they may be in line to obtain tax credits for buying a home in 2009, and 2010 (certain terms apply). I didnt even know that, so now I can see that functioning alongside Monica for a day how fiery she is about her business so she can help you obtain the home that matches your wants and purchase it on terms you can afford. Folks you desire a dream house, not a nightmare or a property you mature out of in 2 months. I cant stress how much a masterful real estate agent can help. Let them perform all the work folks, afterall they are getting paid to perform the task for you.

For all the Toronto Homes for sale out there you may be involved in, Monica also aims out that you should go and do some online inquiries. Enquire with your local alderman/politician if there are governmental/municipal incentives when purchasing a home, or if there are renovation rebates available as well.

To close, right now as I write this article with Monica, she aided one of her customers sell their condo in Toronto, and is now aiding that same client purchase a condo in Mississauga, she sure does get everywhere. But when you have the experience and knowledge of good neighbourhoods, purchasing a new home is so much lighter. When purchasing a home, take the time to find a excellent real estate agent, they make your life so easy and less hectic with such a tremendous purchase. Since at any time there are literally thousands of Toronto Homes for sale, let an agent help you find your dream home, and take the strain of viewing thousands of properties off your shoulders

Give Monica a call, because when you meet her, you will discover why people like her. She is the agent that individuals go to.

When you need great real estate advice from a trusted professional, enjoy the benefits of a productive and dedicated agent CONTACT MONICA ITINIANT of Royal LePage Real Estate Services Click on the link, work with Monica, let her find you the exact house your looking for among the thousands of Toronto Homes for sale

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Buying A Home in Toronto

September 15th, 2009

Monica Itiniant cites “Buying a home is not like purchasing a car, a mutual stock or other commodity”. “Buying a home in Toronto is plausibly the heaviest investment you’ll realize in your lifetime”. My name is Francois and I have had the joy to work alongside Monica Itiniant, from Royal LePage Real Estate Services in Toronto, to experience why so many of her clients say so many great things about her. Now lets get started, Monica states – To make sure you purchase the proper home, you will need to set about all aspects of buying a house with research and concern. Buying a home is a special time in your life and that’s why working with a great real estate agent specializing in buying property is a super idea. It is experience that you realize by working with an agent, and experience cuts the amount of headaches and unknown variables that the average person encounters when buying.

Monica points out, as so many others do, that purchasing a home is plausibly the deepest investment you will make, with long-term financial complications. Whether you’re shopping for previously owned or new, if you’re thinking about buying a home, make sure you recognize its true condition before you make an offer. A superb real estate agent should be able to direct you through each step to buying a home.

Now lets get to the essence of this. The steps needed in purchasing a home are simple: Determine what you NEED, then decide what you WANT. The next step is to calculate how much you can AFFORD, and folks are financially prepared. Do all the figures, all your disbursements and all your incomes. Be accurate. Then the next step is to obtain pre-financing. Make sure you go to your bank of choice, or use a mortgage broker, and tell them you want to get pre-approved for buying a home. This pre-approval mortgage amount is a specific dollar amount that assures you what you can afford. Dont start looking until you have this all-important $ number.

The next step would be to explore the listings of homes for sale in your region through an online service or with your real estate agent. By comparing your house to recent sales and other similar homes on the market, you and your agent will rapidly know what your home is worth. After you have discovered and seen a couple of homes, you may be at the point where you have seen your perfect home. Work with a real estate agent and then negotiate an offer to your liking.

Lastly, have the home inspected by a reputable inspection company. An extensive inspection by a qualified professional can mean the difference between finding your dream home, or moving into a long-term nightmare. With a proper home inspection, youll realize why an inspection can offer a peace of mind to a buyer. Just a reminder folks, some accommodating text and video links are on Monica Itiniant’s website at www.monicaitiniant.com. There are links to a wealth of data to assist you in the home buying procedure; she has even posted a few excellent videos on home inspection, packing for your move and more.

Let Monica take the mystery out of buying a home in Toronto, use her online website resources. Monica also points out, go and do some online inquiry, ask with your local alderman/politician if there are governmental/municipal inducements when buying a home, or if there are renovation discounts available as well.

First-time homebuyers may be entitled to receive tax credits for buying a home in 2009, and 2010 (certain conditions apply). I can see that working alongside Monica for a day how passionate she is about her job. The intention of this article was for Monica to stress to you this – it is essential for you to realize all of the issues and pitfalls involved in buying a home, so that you can find the house that meets your needs and buy it on terms you can afford. You want to own a dream home, not a nightmare, or a property you grow out of in 2 months.

To conclude, right now as I write this article with Monica, one of her clients is buying a home in the city and they asked her to help them determine what type of home in the area meets their needs. Which brings me to another serious point: when buying a home, take the time to find a premium real estate agent, they make your life so easy and less emotional with such a big purchase. Give Monica a call, because when you meet her, you will see why people like her.

When you need great real estate advice from a trusted professional. Enjoy the benefits of a productive agent CALL MONICA ITINIANT of Royal LePage Real Estate Services Click on the link and search for your new homewith a trusted real estate expert, let Monica help you in buying a condo in Toronto, purchasing a home in Toronto, or to help you sell your home in the GTA area

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Toronto Real Estate 2009 / 2010 – Up And Coming Areas

August 21st, 2009
by Monica

How to recognize the next upcoming investment property hotspot. When it comes to discovering the next strongest investment, it is key to know what to search for in up and coming neighbourhoods. Build it and they shall come.

Development is essential when detection the future ‘it’ region. Infrastructure such as hospitals, schools, shops and restaurants are starting to draw people to the area. In addition, if there’s a bridge linking the area to another more preferred residential area, it will also attract more buyers.

Public Transportation is one thing to look for. If a subway, streetcar or bus takes up residence in the area, jump on and enjoy the ride. The innovation of public transportation can modify a community quite alot, especially for bigger more populated areas.

Look for Rezoning too. If a generally commercial community is shifting into a highly residential area, it’s a strong sign the area is making a turn for the best. Also, watch for developers building highrises and, in turn, more suites and houses.

Scratch a little below the surface, and often some of the more pretty areas are not always the areas that are the best investment. As people transmigrate to an region, go to the local city hall, see the population growth in the area, and if any major projects are slated for development in the next 1-10 years. This is a great sign that money is going into the community.

Usually when a local municipal group has plans for an area, it is probably an area of growth and expansion. Basically your two eyes and a good recollection of traffic intensity will also tell you, this area is growing. And we all know when an area grows, people need jobs, and if people have jobs, then people have money, and if people have money the area grows more and more.

In recent years, the shift has moved people from their suburban homes back into the city. Doing some online research of your own, will help you determine trends that are happening in the background too.

In recent years, the shift has moved people from their suburban homes back into the city. Doing some online research of your own, will help you determine trends that are happening in the background too. Dont wait for that real estate magazine to make an article on hot neighbourhoods, because by then, you are jumping on the bandwagon at a high point, and not when the neighbourhood was up and coming.

Do your homework, read magazines, go online. Doing all this may make for a profitable future for yourself and your family.

About the Author:
Real estate advice from a trusted professional, give Monica a call or email. An expert in up and coming hot neighbourhoods, Invest your money well, enjoy the benefits of a productive agentfor the Toronto area. Click on the link and search for your new homeor a great investment in the GTA area

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The Toronto Real Esate Market – 2009 / 2010

August 12th, 2009
by Paul Beauchamp

Considered as one of North America’s consistently hot real estate markets, Toronto has enjoyed sustained growth for the past 20 years. There are still quite a few hot markets around the GTA area. When times are high, when times are low, there are always great deals in the GTA market, according to Monica I, one of Toronto’s best “people-oriented” real estate agents. (What a great attitude she has).

Monica points out a great recent online article from CMHC. CMHC Canada states that “The decline in housing starts in 2009 are because of a several factors, including the current economic climate, increased competition from the existing home market, and the impact of strong house price growth from 2002. Housing starts are expected to improve throughout 2009 and over the next several years to gradually become more closely aligned to demographic demand, which is currently estimated at about 175,000 units per year, according to Canada Mortgage and Housing Corporation’s (CMHC).

Another great online article from CMHC that Monica points out to her clients was this. CMHC Canada states that year-over-year, starts are still down. In May 2009, there were 760 starts in Atlantic Canada’s urban centres, compared to 1,094 in May 2008. In Quebec, there were 3,594, down from 4,659. In Ontario, urban starts fell to 3,665, from 6,570. Housing starts are expected to increase to 150,300 in 2010, from 141,900 in 2009, according to Canada Mortgage and Housing Corporation’s (CMHC) second quarter Housing Market Outlook report. “Market activity will begin to strengthen in 2010 as the Canadian economy recovers, bringing housing starts more in line with demographic fundamentals over the forecast period,” says Bob Dugan, chief economist for CMHC.

Great real estate agents always keep their customers interests in the fore-front of their mind, as Monica constintly researches the GTA marketplace everyday online. She notes as a heads up, presale Toronto property projects are also well underway, including some high-end condominium hotels and high-rise tower residencies that will metamorphose the Toronto horizon forever. And for seasoned homes in the GTA area, Monica states to add value, update the master suite, kitchen and bathroom to produce agood return on the investmentif it is time to sell. So folks, if you are ready to get into the real estate market in Toronto, then congratulations, there are great bargains out there, especially with the interest rate at a low low rate of what 2.25% prime, if not less. Toronto, for many years was one of the juiciest of the red-hot real estate markets in North America, with an % appreciation in your properties value in the double digits. When the real estate market is hot, one of the things you must keep in mind is to get a home inspection done. And remember even if a market is hot, and you want to get into the action, always remember to go with a real estate agent whose total marketing presentation and rapport makes sense to you.

So folks, if you are ready to get into the real estate market in Toronto, then congratulations, there are great bargains out there, especially with the interest rate at a low low rate of what 2.25% prime, if not less. Toronto, for many years was one of the hottest of the red-hot real estate markets in North America, with an % appreciation in your properties value in the double digits. When the real estate market is superb, one of the things you must keep in mind is to have a home inspection done. And remember even if a market is hot, and you want to get into the action, always remember to go with a real estate agent whose total marketing presentation and rapport makes sense to you.

Monica points out a great recent online article from CMHC. CMHC Canada states that “The decline in housing starts in 2009 are because of a several factors, including the current economic climate, increased competition from the existing home market, and the impact of strong house price growth from 2002. Housing starts are expected to improve throughout 2009 and over the next several years to gradually become more closely aligned to demographic demand, which is currently estimated at about 175,000 units per year, according to Canada Mortgage and Housing Corporation’s (CMHC).

So folks, from among the many Toronto real estate agents out there in the market, please verify first that you like the agent that you select. If you can not see eye to eye, or you dont feel a “in-touch with your needs” chemistry bond with them, it may not work. That is why I highly recommend Monica as one of the best Toronto real estate agents that can work with. You truly get your money’s worth. Monica knows the marketplace, so you may be able to catch the next hot neighbourhood boom in Toronto before it happens. Call her.

About the Author:
Don’t miss on the next Up and coming Toronto Neighbourhoods – Call or Email Monica I., Sales Representative, Royal LePage Services

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