Mindblown: a blog about philosophy.

Toronto home listings have surged to the highest level since the financial crisis. Active listings are up 55% yearly, especially in condos and new constructions.

Community amenities enhance your living experience, making a neighborhood truly exceptional and welcoming. A clubhouse serves as the social hub, perfect for events and fostering neighborly connections.

A portable mortgage lets you transfer your home loan to a new property with the same lender and terms. To port a mortgage, you need a portability clause in your agreement, and you must qualify for the new loan.

Over 2M mortgages in Canada will be up for renewal in 2025 and 2026. The Bank of Canada's key interest rate has gone from 1.74% in May 2019 to 4.75% today.

Weigh Flexibility vs. Investment: Renting offers flexibility, while buying builds equity and offers tax benefits. Consider Long-Term Stability: Buying is better if you plan to stay in one place for many years.

Set a goal: Determine what you want to achieve with the renovation and look for ideas online or in magazines. Build a budget: Consider the return on investment and build a realistic budget.

Fixed-rate mortgages offer stability with unchanging monthly payments throughout the term. Variable-rate mortgages have payments that change with interest rate fluctuations, posing potential risks.

Selling commercial Real Estate depends on financial strategy and market conditions. Plan for a six-month sales cycle, including preparation, marketing, and closing.

Rate Cuts Impact: Bank of Canada rate cuts may not lower mortgage costs. Variable vs. Fixed Mortgages: Variable-rate mortgages respond to cuts; fixed rates depend on bond yields.