Monthly Archives: September 2016

Month: September 2016 Ontario Premier Wynne looks ‘concerned’ about quickly rising Toronto housing prices

  Ontario Premier Kathleen Wynne is worried about Toronto’s skyrocketing housing prices – but says her government needs more information about what is driving the problem before deciding whether to bring in a foreign-buyer tax similar to British Columbia’s. “I’m concerned about this,” Ms. Wynne told reporters at Queen’s Park on Friday. “I want to know what the analysis is of the difference between the Ontario market and the British Columbia market – they’re not exactly the same – and I want to know what the impact has been, exactly, of what has been done in B.C. and what the

View Article...

Month: September 2016 If the Condo Price Seems Much Lower, There Are Reasons Why

  If you’ve ever searched for condos in the Toronto or GTA area without putting a lower limit filter on price, then you’ve probably seen some “crazy deals” of 2, 3, and even 4 bedroom condos for sale listed under $250,000. The units are sometimes even completely renovated like new flooring, brand new kitchens and bathrooms, with some even being over 1,000 square feet. With all the talk in the media about soaring home prices, and the average cost of a two bedroom Toronto condo often well over $400,000, it makes you wonder, “how on earth are these prices so

View Article...

Month: September 2016 Superbugs are a global threat, medical experts warn

Superbugs are a global health threat killing hundreds of thousands a year and they need to be eradicated before we are, experts say. Superbugs are microorganisms that have evolved to be resistant to antibiotics. They are able to mutate and outsmart modern drugs creating deadly bacterial infections. In toronto health, York University science professor Dasantila Golemi-Kotra said this has become a problem for the past two decades, in part, because of the over use of antibiotics. She says all pathogenic strains are now resistant. “The problem is (superbugs) become resistant and it becomes a challenge to treat the patient and

View Article...

Month: September 2016 Outdated information is blamed for weight gain and obesity

  In toronto health, the conventional dietary wisdom for the past quarter century has been “eat less, move more,” referring to reducing caloric intake and increasing exercise. But at the same time, we’ve seen obesity explode into the number one health problem facing Canadians and Americans. Only two logical explanations exist. The first possibility is that this dietary advice is good, but we are all too lazy or weak to follow it. Since obesity was relatively uncommon in the 1950s, this would mean that an entire generation of Americans individually, but simultaneously decided to “let themselves go.” This hardly seems

View Article...

Month: September 2016 Toronto Real Estate Market Overview August, 2016

  When it comes to investments, real estate is one of the top investment sector to consider. With a good property and building, you’ll be able to create a future for yourself, may you be living in what you invested on, or renting it out. There are a lot of things you are able to do and advantages you can reap when investing on real estate properties, but there are also a lot you will need to know. The real estate market can be kind or harsh, depending on its status in the economy. In toronto real estate, if you’re

View Article...

Month: September 2016 Toronto Lawyer charged with failed to return $15 million in condo deposits of buyers

  In toronto real estate,  a lawyer has been arrested and charged with fraud on allegations that about 150 North York condo buyers were swindled out of $14.9 million in deposits for a building that was never constructed. Meerai Cho, 63, Toronto lawyer, was slapped with a combination of 75 charges for fraud, possession of property obtained by crime and breach of trust, police told reporters assembled at 32 Division on Tuesday afternoon. “We are at the infancy of our investigation,” said Det. Const. Chris Devereux, who says charges in the case — the largest fraud case 32 Division has

View Article...

Month: September 2016 Toronto Condo Demand Is larger Than Vancouver Real Estate Peak

  Toronto real estate demand has been strong, and the condo market was no exception. According to theToronto Real Estate Board’s (TREB) most recent statistics, buyers plowed into the market sending prices to dizzying new heights. Despite bank warnings over an overheated condo market, demand exceeded Vancouver’s real estate frenzy.   Toronto Condo Prices Toronto condo prices reached north with a benchmark average price of $374,600, up 8.89% from 2015. The average price however, was $417,869 – 11% higher than the benchmark. The average skews a little higher because of those deep pockets in the $1M+ range. Keep in mind

View Article...

Month: September 2016 Toronto family is forced to live next to porta-potty for 2 years, Toronto city tells it can’t help

  In Toronto news, Lakshmi Kotra and his family have been living next door to a porta-potty for two years, and City of Toronto officials are telling him that nothing can be done about it. In Toronto neighbourhoods, Kotra lives at the end of New Haven Drive, a small, leafy street near Bathurst Street and Eglinton Avenue West. Two years ago, his neighbour started building a new home, and with the construction work came a bright blue porta-potty placed right at the foot of his driveway. Kotra, an infectious disease expert who lives with his wife, daughters and parents, said the toilet

View Article...

Month: September 2016 Exciting home show exhibits at upcoming Toronto Fall Home Show

   In toronto real estate, this year’s Toronto Fall Home Show will feature hundreds of innovative products, services and celebrity experts to help you shape your space. Running from Sept. 23-25, 2016, this year’s show is in the EnerCare Centre — at Exhibition Place — which features modern facilities, underground parking and additional floor space so visitors will enjoy a bigger event than ever before. Visitors can experience an array of exciting exhibits including a series of do-it-yourself workshops and the return of the popular exhibits Design Intervention and RenoMark’s Destination Renovation. There will also be more than 300 retailers

View Article...

Month: September 2016 RECO and Tarion have different mandates

  In toronto real estate, RECO provides protection to consumers who work with a real-estate broker or salesperson to buy or sell a home. The main difference with RECO is that Tarion protects consumers by backstopping the builders’ warranty on new homes or condos. Tarion administers the new home warranty and regulates new home and condominium builders. Like RECO, it works to protect consumers in Ontario’s real-estate market. More specifically, Tarion administers the Ontario New Home Warranties Plan Act, which provides warranty coverage on almost every new home in the province, and steps in when a builder cannot or will

View Article...