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I have sold a property at 2017 65 East Liberty ST in Toronto

I have sold a property at 2017 65 East Liberty ST in Toronto on Feb 15, 2024. See details here

Tired of Shoebox Condos? This Extra Wide 638 Sq Ft (Plus Large 90 Sq Ft Balcony) Unit Boasts Generous Square Footage in One of the City's Most Vibrant Neighbourhoods! This Bright, Open Concept Unit Has a Fantastic Layout With a Functional Large Living Space and a Modern Open Concept Kitchen with Full Sized Stainless Steel Appliances, Perfect for Entertaining! Step Inside and Be Greeted by Floor to Ceiling Windows and Cascading Natural Light Throughout. Peaceful Outdoor Balcony Oasis with Lake Views. This unit Includes 1 Parking & 1 Locker, A Fantastic Opportunity to Enjoy This Established, Pet Friendly Building. Building Amenities Include Visitors Parking, Golf Simulator, Theatre Room, Bowling Alley, Indoor Pool & Hot Tub, Party Room Overlooking the City & More! Step Outside and You Will Be Dazzled By All The Shopping, Dining, Cafes, Waterfront Trails, TTC and more!

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New property listed in Waterfront Communities C1, Toronto C01

I have listed a new property at 2017 65 East Liberty ST in Toronto. See details here

Tired of Shoebox Condos? This Extra Wide 1 Bedroom Unit Boasts Generous Square Footage in One of the City's Most Vibrant Neighbourhoods! This Bright, Open Concept Unit Has a Fantastic Layout With a Functional Large Living Space and a Modern Open Concept Kitchen with Full Sized Stainless Steel Appliances, Perfect for Entertaining! Step Inside and Be Greeted by Floor to Ceiling Windows and Cascading Natural Light Throughout. Peaceful Outdoor Balcony Oasis with Lake Views. This unit Includes 1 Parking & 1 Locker, A Fantastic Opportunity to Enjoy This Established, Pet Friendly Building. Building Amenities Include Visitors Parking, Golf Simulator, Theatre Room, Bowling Alley, Indoor Pool & Hot Tub, Party Room Overlooking the City & More! Step Outside and You Will Be Dazzled By All The Shopping, Dining, Cafes, Waterfront Trails, TTC and more!

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I have sold a property at 1407 126 Simcoe ST in Toronto

I have sold a property at 1407 126 Simcoe ST in Toronto. See details here

Welcome to Boutique II, Enjoy The Prestigious Downtown Lifestyle. Next To The Luxurious Shangri-La, Steps To University Ave & 2 Major Subway Stations. This Spacious CORNER UNIT Offers Over 644 Sf Of Open Concept Living Space Boasting Quality Modern Features & Finishes Including Floor-To-Ceiling Windows Which Allow For An Abundance Of Natural Light, New Ss Appliances, Kitchen Island & More! Rabba's Grocery Store Right In The Building. Steps To Lcbo, Starbucks, Parks, King/Queen St Retail And Restaurants + Super Easy Ttc Access & Mins To Gardiner. Live At The Heart Of Toronto's Entertainment, Culture, Art And Business. State Of The Art Amenities: Plunge Pool, Steam Room, Modern Exercise Facility And A Rooftop Patio, With Bbq, Private Cabanas And Hot Tub. Also Listed for Sale **

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New property listed in Waterfront Communities C1, Toronto C01

I have listed a new property at 1407 126 Simcoe ST in Toronto. See details here

Welcome to Boutique II, Enjoy The Prestigious Downtown Lifestyle. Next To The Luxurious Shangri-La, Steps To University Ave & 2 Major Subway Stations. This Spacious CORNER UNIT Offers Over 644 Sf Of Open Concept Living Space Boasting Quality Modern Features & Finishes Including Floor-To-Ceiling Windows Which Allow For An Abundance Of Natural Light, New Ss Appliances, Kitchen Island & More! Rabba's Grocery Store Right In The Building. Steps To Lcbo, Starbucks, Parks, King/Queen St Retail And Restaurants + Super Easy Ttc Access & Mins To Gardiner. Live At The Heart Of Toronto's Entertainment, Culture, Art And Business. State Of The Art Amenities: Plunge Pool, Steam Room, Modern Exercise Facility And A Rooftop Patio, With Bbq, Private Cabanas And Hot Tub. Also Listed For Lease **

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New property listed in Waterfront Communities C1, Toronto C01

I have listed a new property at 1407 126 Simcoe ST in Toronto. See details here

Welcome to Boutique II, Enjoy The Prestigious Downtown Lifestyle. Next To The Luxurious Shangri-La, Steps To University Ave & 2 Major Subway Stations. This Spacious CORNER UNIT Offers Over 644 Sf Of Open Concept Living Space Boasting Quality Modern Features & Finishes Including Floor-To-Ceiling Windows Which Allow For An Abundance Of Natural Light, New Ss Appliances, Kitchen Island & More! Rabba's Grocery Store Right In The Building. Steps To Lcbo, Starbucks, Parks, King/Queen St Retail And Restaurants + Super Easy Ttc Access & Mins To Gardiner. Live At The Heart Of Toronto's Entertainment, Culture, Art And Business. State Of The Art Amenities: Plunge Pool, Steam Room, Modern Exercise Facility And A Rooftop Patio, With Bbq, Private Cabanas And Hot Tub. Also Listed for Sale **

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New property listed in Waterfront Communities C1, Toronto C01

I have listed a new property at 1407 126 Simcoe ST in Toronto. See details here

"DEN" INCLUDES FLOOR TO CEILING WINDOWS AND A FULL SWING DOOR- CAN EASILY BE USED AS SECOND BEDROOM. $$ MAJOR INCOME POTENTIAL $$. Welcome to Boutique II, Enjoy The Prestigious Downtown Lifestyle. Next To The Luxurious Shangri-La, Steps To University Ave & 2 Major Subway Stations. This Spacious CORNER UNIT Offers Over 644 Sf Of Open Concept Living Space Boasting Quality Modern Features & Finishes Including Floor-To-Ceiling Windows Which Allow For An Abundance Of Natural Light, New Ss Appliances, Kitchen Island & More! Rabba's Grocery Store Right In The Building. Steps To Lcbo, Starbucks, Parks, King/Queen St Retail And Restaurants + Super Easy Ttc Access & Mins To Gardiner. Live At The Heart Of Toronto's Entertainment, Culture, Art And Business. State Of The Art Amenities: Plunge Pool, Steam Room, Modern Exercise Facility And A Rooftop Patio, With Bbq, Private Cabanas And Hot Tub.

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New property listed in Waterfront Communities C1, Toronto C01

I have listed a new property at 1407 126 Simcoe ST in Toronto. See details here

Welcome to Boutique II, Enjoy The Prestigious Downtown Lifestyle Next To The Shangri La Hotel. This Corner Unit Has South West Views & Gets All Day Sunlight! Just Steps To University Ave & 2 Major TTC Subway & Streetcar Stations. This Spacious 2 Bdrm 1 Bathroom Corner Unit Offers Over 644 Sqft of Open Concept Living Space Boasting Modern Finishes Including Floor to Ceiling Windows With An Abundance of Natural Light, Brand New S/S Appliances, Black Out Curtains & More! Rabbas Grocery Store Right in The Building, Steps to Parks, Starbucks, LCBO, King/Queen St, Restaurants, TTC Access & Minutes to the Gardiner. Live At The Heart of Toronto's Entertainment District. State Of The Art Amenities Including: Plunge Pool, Steam Room, Modern Gym & A Rooftop Patio With BBQ, Private Cabanas & Hot Tub, Plus Visitor Parking!

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New property listed in Waterfront Communities C1, Toronto C01

I have listed a new property at 1407 126 Simcoe ST in Toronto. See details here

Welcome to Boutique II, Enjoy The Prestigious Downtown Lifestyle Next To The Shangri La Hotel. Steps To University Ave & 2 Major Subway Stations. This Spacious 2 Bdrm 1 Bathroom Suite Offers Over 644 Sqft of Open Concept Living Space Boasting Modern Finishes Including Floor to Ceiling Windows With An Abundance of Natural Light, Brand New S/S Appliances, Black Out Curtains & More! Rabbas Grocery Store Right in The Building, Steps to Parks, Starbucks, LCBO, King/Queen St, Restaurants, TTC Access & Minutes to the Gardiner. Live At The Heart of Toronto's Entertainment District. State Of The Art Amenities Including: Plunge Pool, Steam Room, Modern Gym & A Rooftop Patio With BBQ, Private Cabanas & Hot Tub!

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I have sold a property at 3404 105 The Queensway AVE in Toronto

I have sold a property at 3404 105 The Queensway AVE in Toronto. See details here

Unobstructed Views Of Lake Ontario & High Park From Your Living & Bedroom! The Highest Floor Below Ph, Stunning 1+1 Suite, 10Ft Ceiling, Floor-To-Ceiling Windows, 2 Walkouts To Large Balcony, Modern Kitchen And Floors. Walking Distance To The Lake. Minutes To Downtown & High Park. Ttc Access In Front Of The Building. Lavish Facilities, 24Hrs Concierge, Indoor & Outdoor Pool, Gym, Sauna, Tennis Court, Dog Park.

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 Will mortgage rates come down in 2023?

Remember when mortgage rates were at an all-time low in 2020? (Ah, good times). Now they are almost tripled what they were, and everyone is asking the same question…


Will mortgage rates come down in 2023?


So let’s break it down!


Mortgage rates are influenced by several factors, the foundation of which is the overall state of the economy. When the economy is doing well and moving fast, rates are typically higher. When the economy is sluggish, rates are usually lower. It may seem backwards, but here is the reason:


The Bank of Canada

Many people think that the Bank of Canada (BoC) sets mortgage rates, but that’s not quite true. The BoC sets the policy interest rate, also known as the overnight rate. Then, Canadian banks adjust their prime lending rate accordingly. The prime rate is used as a benchmark by all major Canadian banks to set interest rates, including mortgage rates. While the overnight and prime rates are separate, Canadian lenders usually adjust their prime rates within a few days of BoC overnight rate changes. This is because a higher overnight rate means higher borrowing costs for banks. They raise interest rates to cover their own costs.


So why does the BoC ever raise rates? Everyone likes a lower interest rate—right? The Bank of Canada follows an inflation-control target that guides its decisions. This target is set by the Bank and the federal government and reviewed every five years. The Bank’s objective is to preserve the value of money by keeping inflation low, stable and predictable.


To give you an example, when the economy is slow—like it was during the initial COVID-19 crisis the BoC lowers its rates to increase cash flow and encourage consumer spending. But when the economy is doing well and moving fast, borrowing, consumer spending, and demand are all elevated—which can cause inflation. A major problem with inflation is when prices rise at a rate with which salaries don’t keep pace, people suddenly can’t afford to buy things, and the economy grinds to a halt. For that reason, when the economy is moving too quickly, and inflation is growing unsustainably, the BoC increases the overnight rate to constrict cash flow.


Now that we know why rates are so high, we can make an educated guess about their future. Many experts suggest that 2023 will see a slowdown in the Canadian economy due in part to the BoC’s recent policy rate increases, high costs of living, and reduced household spending. But does that mean mortgage rates will go down in 2023?


Experts are predicting that 3 and 5-year fixed rates will trend generally lower throughout 2023. We are anticipating another downturn for fixed rates, but it could take well into Spring 2023 before this happens. As for variable rates, experts are predicting a “stabilization” in late 2023 or early 2024. For those who don’t want the risk of a variable rate, then it might be best to look into a 3-year fixed rate. When it comes time to renew in 2026, rates will likely be down by 1% or more.


Most financial and real estate industry experts agree that mortgage rates will fall in 2023. By how much? That’s still up for debate, with some experts forecasting a 0.5% drop and others feeling like it’s too soon to tell.


No matter the number, lower mortgage rates represent relief for buyers struggling with affordability. If you’ve been waiting to buy due to high home prices and high mortgage rates, 2023 is shaping up to be a good year for you. The good news is that many experts predict moderate declines in home prices as well.


But even as rates come down, they’re not likely to hit 2020 levels—so you’ll want to do everything you can to reduce your rate on your own. That means working on your credit score and shopping around to find the lender with the best terms for you.

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I have sold a property at 2017 65 East Liberty ST in Toronto
Sold Listings

I have sold a property at 2017 65 East Liberty ST in Toronto

I have sold a property at 2017 65 East Liberty ST in Toronto on Feb 15, 2024. See details here Tired of Shoebox Condos? This Extra ...

READ POST
New property listed in Waterfront Communities C1, Toronto C01
New Listings

New property listed in Waterfront Communities C1, Toronto C01

I have listed a new property at 2017 65 East Liberty ST in Toronto. See details here Tired of Shoebox Condos? This Extra Wide 1 Bedroom ...

READ POST
I have sold a property at 1407 126 Simcoe ST in Toronto
Sold Listings

I have sold a property at 1407 126 Simcoe ST in Toronto

I have sold a property at 1407 126 Simcoe ST in Toronto. See details here Welcome to Boutique II, Enjoy The Prestigious Downtown Lifestyle. ...

READ POST
New property listed in Waterfront Communities C1, Toronto C01
New Listings

New property listed in Waterfront Communities C1, Toronto C01

I have listed a new property at 1407 126 Simcoe ST in Toronto. See details here Welcome to Boutique II, Enjoy The Prestigious Downtown ...

READ POST