Part 1 of 3 where local actuary and Sky View Suites Partner John Melinte, debunks fears of the local Toronto real estate market bubble. The recent media frenzy on the topic of real estate in Toronto has presented various plausible causes for the city’s seemingly ever-increasing real estate prices, including foreign buyers, low mortgage interest […]
The Cosmopolitan – Fully furnished Junior One-Bedroom Apartment
Traveling to a city you have never been before can be a challenging experience. Searching for the perfect place to stay could drain your energy. If you want the luxury of a hotel, with the comfort of a furnished rental, our Cosmopolitan junior one bedroom apartment is the happy medium. This Toronto furnished rental suite […]
The most important and overlooked fact about Toronto real estate
If you live in Toronto, it seems you can’t pick up a newspaper or magazinethese days without reading about the dreaded Toronto condo bubble. The mostimportant thing that most of these articles fail to do is step back and lookat the big picture: bubble or no bubble, real estate is NOT a good shortterm investment, […]
When to rent a furnished rental
Furnished rentals are a convenient place to stay when you need temporary housing. Whether or not you need to stay for a month, half a year, or even longer term for a year, furnished apartments can be a safe haven. Most people who rent furnished apartments are travelers, students, or anyone who might need a […]
Is the Toronto condo market going to see a re-run of the 1980s?
For those of us old enough to remember, the late 1980s to early 1990s was a bleak period for real estate in Toronto. Back in the mid-1980s, baby boomers worked themselves into a home buying frenzy. They were spending an average of about 55% of their household income on mortgage payments. Home and condo prices […]