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ARTICLES


Title: Investing in Real Estate 101
By: Sandra Rinomato

Investing in real estate can be a lucrative venture, providing both short-term gains and long-term wealth accumulation. However, it's a complex field that requires careful consideration, planning, and execution. Whether you're a novice investor or looking to expand your portfolio, understanding the fundamentals of real estate investment is crucial. In this guide, we'll delve into the various aspects of real estate investment and provide you with actionable strategies to help you navigate this dynamic market.

Understand the Basics: Before diving into real estate investment, it's essential to grasp the fundamentals. Real estate investment involves purchasing, owning, managing, renting, or selling property for profit. There are several avenues for investment, including residential properties (single-family homes, apartments), commercial properties (office buildings, retail spaces), industrial properties (warehouses, factories), and vacant land. Each type of property comes with its own set of advantages, risks, and potential returns.
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Title: 10 Moving Tips for Seniors
By: Sandra Rinomato

Moving to a new home can be both exciting and challenging, especially for seniors. Whether downsizing to a smaller space or relocating to a retirement community, the process requires careful planning and consideration. To help make the transition smoother, here are ten essential tips for seniors embarking on a move:

Start Early: Begin planning your move as soon as possible. Seniors often have accumulated a lifetime of belongings, so allowing ample time to sort through items, pack, and coordinate logistics is crucial.

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Title: 10 Tasks When Buying A New Home
By: Sandra Rinomato

Toronto, Canada’s largest city, offers a diverse range of real estate opportunities. Whether you’re a first-time buyer or an experienced investor, navigating the Toronto housing market can be both exciting and challenging. To help you make an informed decision and secure a great property in this vibrant city, we’ve compiled the following list:

Define Your Goals: Before diving into the market, clarify your objectives. Are you looking for a primary residence, an investment property, or a vacation home? Understanding your goals will shape your search criteria and inform your decisions.
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Title: 10 Tips for Handling Multiple Offers As a Seller
By: Sandra Rinomato

As a seller in a competitive real estate market, receiving multiple offers on your property is an exciting but potentially overwhelming scenario. It's essential to approach this situation strategically to ensure you make the most informed decision and maximize your return on investment. Here’s a comprehensive guide on how to effectively handle multiple offers as a seller and secure the best possible outcome.

Review Each Offer Carefully: Take the time to carefully review each offer you receive. Pay attention to the offered purchase price, proposed terms, contingencies, financing details, and any additional considerations outlined by the buyers. Evaluate the overall strength and viability of each offer based on these factors.
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Title: 5 Toronto Condos you NEED to check out!
By: Sandra Rinomato

Toronto’s skyline is adorned with sleek and innovative condominium towers, offering residents a unique blend of luxury, convenience, and urban vibrancy. For those seeking the epitome of modern living in the heart of Canada’s largest city, these five condo towers stand out as paragons of architectural excellence and lifestyle amenities.

The One-Yonge and Bloor -  At a staggering 306 meters tall, The One is not only the tallest residential tower in Canada but also a symbol of luxury living. Designed by renowned architect Norman Foster, The One offers unparalleled views of Lake Ontario and the city skyline. Its prime location at the intersection of Yonge and Bloor places residents in the midst of Toronto’s most vibrant neighborhoods, with world-class shopping, dining, and cultural attractions just steps away. The One boasts an array of amenities, including a state-of-the-art fitness center, spa, indoor pool, and sky lobby with panoramic views.

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Title: Toronto Housing Market Surging Upwards
By: Kimia Afshar Mehrabi BLOG TO

Following a year of sluggish sales activity, Toronto's housing market is continuing to show signs of rebound as we head into spring, according to the Toronto Regional Real Estate Board's (TRREB) latest report. 

GTA home sales and new listings were up on an annual and monthly basis in February 2024, with selling prices also edging upward compared to a year earlier, with population growth continuing to support the overall demand for housing. 

"We have recently seen a resurgence in sales activity compared to last year," said TRREB President Jennifer Pearce........

Title: Housing starts down 7% in March from February: CMHC
By: Financial Post

The national housing agency says the seasonally adjusted annual rate of housing starts amounted to 242,195 units in March compared with 260,047 in February.

When looking at year-over-year figures, actual housing starts in large urban centres were up 16 per cent to 17,052 units last month compared with 14,756 units in March 2023. The year-over-year increase was driven by higher multi-unit starts, up 19 per cent, and higher single-detached starts, up two per cent.

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Title: What happens to your FHSA if you don’t buy a home?
By: Sun Life Staff

The purpose of the FHSA is to enable you to buy your first home. But what happens if you don’t?

Since March 1, 2023, Canadians have been able to contribute to an FHSA. This acronym stands for First Home Savings Account. Contributions to this registered plan are deducted from your income. As a result, they generate a tax refund at the end of the year, just like RRSP contributions.

The money invested in an FHSA then grows tax-free. You can contribute up to $8,000 per year. The lifetime contribution limit is $40,000. Since it’s an individual account, your spouse can also open an FHSA. Together, you can contribute up to $80,000. You can then withdraw that amount and its tax-preferred returns to buy a home, subject to certain conditions......

Title: 10 Things Home Buyers Hate About Your Home
By: Sandra Rinomato

If you're on the hunt for a new home, whether you're seeking more space or downsizing, the first step is to sell your current residence. While one might assume that a sluggish housing market would attract eager buyers, it's not always the case. Presently, prices are holding steady, offering a favorable situation for buyers and potentially for you as well. However, contemporary homebuyers are more discerning and cautious. They are less inclined to rush into decisions and avoid purchasing beyond their means, a behavior that played a role in the previous housing market collapse.

Homes are indeed selling, but the pace largely depends on you, the seller, and your real estate agent. Properties that are appropriately priced tend to attract more attention. Today's buyers are well-informed and meticulous in their research. They prefer turn-key homes that are move-in ready, minimizing the need for immediate adjustments. What they steer clear of are...

Title: Top 2 Rooms you should invest in
By: Sandra Rinomato

Are you getting ready to sell your home? Unsure what homebuyers are looking for? Well if you could invest in any of your spaces to up the value of your home focus on these two!

KITCHEN
You will find many reports about the return on your money when you invest in a new kitchen, and those reports provide good guidelines. Since I deal with buyers every day I hear what they say, and for many people, a kitchen that has a serious WOW factor can make the deal. A high percentage of buyers that I work with mention the kitchen in their wish list. For some, it's simply a large kitchen, and for others, it's an updated kitchen that they don't have to improve.
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Title: Old vs. New condos
By: Sandra Rinomato

Trying to decide whether to buy an older condo or a brand-new one? Below I cover some pros and cons of each:

Older Toronto Condos:
Historic Charm:
Pros: Older Toronto condos often feature historic architecture, character, and unique design elements that give them a distinctive charm.
Cons: Some older condos may require maintenance and renovation to meet modern standards and aesthetic preferences.

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Title: 5 Things To Know When Buying A Condo
By: Sandra Rinomato

IT'S NO SECRET THAT THERE'S AN ONGOING CONDO BOOM IN ONTARIO- just look around you. Our cities are going up vertically, and that means more and more people are enjoying high rise living. So if you are joining the crowd and thinking of buying a condo, here are some tips to make your purchase a smooth one: 

1. PATIENCE IS IMPORTANT. It could be two or three years between the date you sign your purchase agreement and the date you take occupancy of your unit. If construction runs over schedule, it could be even longer. 

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Title: Devron Developments’ announces latest project ‘101 Spadina’
By: Sandra Rinomato

Designed with brick and stone facade, the 38-story tower aims to change the narrative of being ‘just another glass box’.


Devron Developments has released results from a survey of Torontonians conducted among members of the Angus Reid Forum, showing that 90 percent of respondents believe that the city needs better-built condos and that 83 percent agree that the city is starved for good architecture. Conducted in June 2023, the survey gathered insights on the sentiments of current and future homeowners towards the Toronto condo market and condominium developments’ contribution to the city’s skyline.

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Title: Choosing your Condo Finishes
By: Sandra Rinomato

It can be so much fun choosing all of your finishes for your new condo or home! It can also be overwhelming. If you can hire a designer to come with you to help you out, you may find the process to go more smoothly than if you hadn’t, and the results divine!


When choosing your finishes you should try to keep resale in mind. I know you may think that day is a long way off, but the choices you make at the design center could affect your resale value or the time it will take to sell your home. Some attention to this could make you some real cash at the end of the day!

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Title: 10 Reasons Why It's Hard To Downsize
By: Sandra Rinomato

#1 reason older people put a move on hold is stress. Are you getting ready to downsize but finding it difficult? Here are some reasons why this might be:

1) Items hold precious memories. Each possession tells a story, and it is hard for us to let go of that item for fear of losing the "memory' attached to it. 

2) They just don't make them' like they used to!

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Title: Mortgage Shopping Checklist
By: NEWCONDOGUIDE

Most homebuyers need a mortgage and it's therefore important to comparison shop. Terms and conditions differ from lender to lender, so do shop around, compare, and select the mortgage that best suits your needs. 

The Financial Services Commission of Ontario (FSCO) - the government agency responsible for overseeing the mortgage brokering industry in the province - suggests taking as much time as needed to understand all your options. When talking to a potential mortgage provider, broker or agent, for example, you may wish to use this checklist to get answers to the most important questions.

What type of mortgage is best for my needs?
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Title: 5 Things to Know When Buying a Condo
By: Sandra Rinomato

IT'S NO SECRET THAT THERE'S AN ONGOING CONDO BOOM IN ONTARIO- just look around you. Our cities are going up vertically, and that means more and more people are enjoying high rise living. So if you are joining the crowd and thinking of buying a condo, here are some tips to make your purchase a smooth one: 

1. PATIENCE IS IMPORTANT
......
Title: Freehold vs. Condo
By: Sandra Rinomato

Many Canadians looking to buy property today are considering the purchase of a condominium. Condos can be a great choice for many people, including first-time buyers looking to get into the market and build some equity. A condo unit can be a good starting point since it is usually less expensive to own and carry than a traditional house. Condos can also be the right decision for people making their choice for lifestyle reasons. These buyers primarily choose this type of home because of the freedom from maintenance and upkeep it affords. 

....... Read More
Title: What you need to know as a landlord
By: Sandra Rinomato

Many people want to become Landlords to be able to afford a property, or so that they can afford a property in a better area, or just to invest for the long term in real estate income properties. I believe in real estate as an investment, but I also believe that it must be done properly or it can become a huge headache.

There is a lot to know about being a Landlord,

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Title: 10 Pros of Moving to Toronto
By: Sandra Rinomato

Diverse and Inclusive Culture:
Toronto is one of the most multicultural cities in the world, with a rich tapestry of cultures and communities. This diversity fosters a welcoming and inclusive atmosphere, making it easy to connect with people from various backgrounds.

Thriving Arts and Entertainment Scene:
Toronto offers a wide range of cultural attractions, including theaters, art galleries, music venues, and festivals. Whether you enjoy live performances, film festivals, or art exhibits, there is always something happening to engage your interests.

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Title: 8 Factors to Know Before Moving to Toronto
By: Sandra Rinomato

Living in Toronto, like any other major city, has its pros and cons. While Toronto is a vibrant and diverse city with several opportunities, there are also some drawbacks that residents may find challenging. 

Some of the worst things about living in Toronto include:

High Cost of Living: Toronto is known for its expensive housing market and overall high cost of living. Rent and real estate prices can be prohibitive for many, making it difficult to find affordable housing, especially in the downtown core

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Title: Top 10 Dos and Don'ts Before Closing Day
By: Sandra Rinomato

Dos:
Review the Closing Disclosure: Carefully review the CD provided by your lender at least three days before closing. Ensure that all the terms, fees, and numbers are accurate and match your expectations.

Schedule a Final Walk-Through: Arrange for a final walk-through of the property to ensure it's in the same condition as when you made your offer. Look for any issues that need to be addressed before closing.

Secure Homeowners Insurance: Ensure you have secured homeowners insurance and have proof of coverage ready for the closing. Lenders typically require this.

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Title: 5 Mistakes to avoid when buying real estate
By: Sandra Rinomato

Not Getting Pre-Approved for a Mortgage:
Mistake: Starting your home search without knowing how much you can afford or getting pre-approved for a mortgage.

Why Avoid: Without pre-approval, you may waste time looking at homes that are out of your budget, miss out on great opportunities, or face disappointment if you can't secure financing for your desired home.

What to do: Start your homebuying journey by getting pre-approved for a mortgage. This involves working with a mortgage broker or lender to determine your borrowing capacity and interest rates. Once pre-approved, you'll have a clear budget to guide your home search and can act quickly when you find the right property.....
Title: 3 Most Affordable Areas to Live in Toronto
By: Sandra Rinomato

If you don't want to pay the big bucks for Downtown Living, these are the top 3 affordale areas in Toronto to live.
Option1 - Keelesdale–Eglinton West 

Benchmark 2 storey home price: $1,144,000 June 2023

Though Keelesdale–Eglinton West is removed from downtown Toronto, it’s less than an hour away by public transportation and just as bustling — minus the street traffic.......
Title: Biggest Mistake Home Sellers Make
By: Sandra Rinomato

If you’re thinking of selling your home, you'll probably be interested in knowing about one of the most common mistakes homeowners make when they decide to sell their property. 


When the time comes to sell a home, everyone hopes to secure the best possible price. However, determining the optimal sale price requires careful consideration, as a misstep could lead to a significant financial loss, particularly in major Canadian markets.....
Title: 6 Steps to Buying Your First Home
By: Sandra Rinomato

If you're looking to buy a house for the first time you probably feel overwhelmed by all the different things you need to know and take into consideration to make the transition from renter to owner. Buying your first home should be exciting! Here is a step-by-step guide to a typical home purchase:

1. Finding a Realtor

Once you have been pre-approved you will want to contact a Realtor......
Title: Buying Strategies for Today's Market
By: Sandra Rinomato

Today's real estate market is characterized by some of the highest-priced housing ever seen in most major markets of Canada. That reality can be rather discouraging for buyers – especially first-time buyers – wanting to get into the housing market. But take heart, there are several buying strategies that can help you make your dreams of home ownership a reality: 

Start building equity as quickly as you can:
Some prospective buyers have made the mistake of holding off on their purchase while trying to save for a larger down payment. This frequently doesn't work out, since you're also paying rent and just saving a small amount. In the meantime, house prices are still rising, which can leave you farther and farther behind......
Title: What To Know When Buying A New Toronto Condo
By: Sandra Rinomato

Buying a pre­-construction house or condo can be great, especially if you like working with a blank slate. But there are some things to keep in mind:

Expect to wait: 
Most projects take much longer than expected. You might have to wait two or three years between the date you sign your purchase agreement and the date you move in. If there are delays, you could wait even longer......
Title: Carrying Costs vs. Closing Costs
By: Sandra Rinomato

Looking to buy a new home? You may want to start out by making a list of costs involved, including moving costs, legal fees, and even re-decorating expenses. There may also be additional costs associated with leaving your rental residence or mortgage discharge fees.

One of the areas where homebuyers most frequently run into problems is with closing costs. Homebuyers often do not properly anticipate the costs associated with closing a real estate transaction, and the resulting cash crunch can add stress at a time when you need it least......
Title: 5 Tips For Finding a Move Manager
By: Sandra Rinomato

Moving to a new location can be daunting, especially if you’re downsizing from your long-term home.

Wouldn’t it be nice to arrive in your new living space with everything you need already arranged and ready to enjoy—and secure in the knowledge that all the items you no longer need will be promptly disposed of in the best ways possible?

A move manager can help you before, during, and after your move, providing valuable assistance and peace of mind. A moving professional can make your move more organized, coordinated, and stress-free.......

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