Mortgage Rules: Did they just make it harder to buy a house, AGAIN?

Yesterday, OSFI (The Office of the Superintendent of Financial Institutions) announced some new rules to tighten up the real estate market. These rules will affect anyone putting 20% as down payment or more on a home. Currently, anyone purchasing a house over a million dollars will have to put a down payment of at least 20% to qualify for a mortgage. Those who spend less than a million dollars and put down less than 20% have been experiencing this additional stress test for the last year. Continue reading

For Rent: Bright 1 Bedroom Condo at the Junction

Located in the Junction, This bright, South-facing 1-Bedroom with balcony offers a beautiful view. Open-concept kitchen, living and dining space ideal for entertaining. Close to buzzing new restaurants and coffee shops that the junction has to offer. Near Keele and Dundas subway stations, High Park, bike trails and Hwy 400. Includes locker.

Visit #1912 – 60 Heintzman St.

Continue reading

Spacious 2 Bedroom Condo: #808 – 300 Balliol St.

Located in Davisville Village. This spacious 2 bedroom & 2 bathroom condo faces south and has a large balcony. The supersized master with ensuite and 2 closets include a W/I. The open-concept kitchen, living and dining space is ideal for entertaining and has a convenient breakfast bar. Steps away from Davisville Station, Starbucks, Tim Horton’s, grocery stores, restaurants, Summer Farmer’s Market, beltline, ravine trails and parks.

Visit #808 – 300 Balliol St.

Continue reading

Interest Rates Just Went Up. Don’t Panic!

There’s no need to panic about Bank of Canada increasing interest rates.

3-Bedroom Leslieville Stunner: 1107 Gerrard St E

Beautifully renovated, spacious, light-filled 3-Bedroom, 2-Bathroom Leslieville Stunner with high ceilings, 2 parking spots, stunning back deck and mahogany floors throughout. Contemporary white custom eat-in kitchen with quartz counters and SS appliances. Relax in the grand master with cathedral ceilings, open-brick wall and fireplace. Wine cellar for entertaining. Close to Danforth, Queen, transit, schools, gyms, parks, trails, coffee shops, restaurants.

Visit 1108 Gerrard St E to learn more.

Continue reading

Shared Home Ownership: The Cure for Toronto’s Expensive Housing Market

Is the real estate market passing you by? Are you getting frustrated that you don’t think you’ll ever be able to own your own home? Are you saving money each year for a bigger down payment only to find that you haven’t saved enough?

Well, there have been changes in the market. There is now more inventory of houses on the market to choose from so now you can take advantage of this opportunity to get ahead!

You could and should consider buying a home with someone else.

Who, you might ask. A friend? A colleague? A family member? Someone else looking to own a home just like you?

I know you’re just not ready yet. But when will you be ready? Too many people are always getting ready to get ready. It’s time to take action. Don’t let this opportunity pass you by.

It’s time to stop postponing your life and live your dreams of home ownership.

The Case for Shared Ownership – Created with Haiku Deck, presentation software that inspires;

Listen: Advice from the Professionals

I recently interviewed 2 people on my podcast who purchased houses with someone a few years ago. They are so happy that they did this to get into the market and start building equity.

Listen to “Shared Home Ownership (Part 1): Advice from a Mortgage Broker” on Spreaker.

Listen to “Shared Home Ownership (Part 2): Advice from a Real Estate Lawyer” on Spreaker.

Listen: Shared Home Owners

Listen to “Shared Home Ownership (Part 3): Oliver Dang on Sharing His Family’s House with Another Couple” on Spreaker.

Listen to “Shared Home Ownership (Part 4): Jean-Paul Bedard on Sharing His House With Another Couple” on Spreaker.

Free Webinar

I created a course on Shared Ownership to help you understand how to get into Toronto’s expensive housing market.

  • How the Shared Economy is changing us
  • Why Home Ownership is Important
  • The Steps to Shared Ownership



It’s time to start thinking that Shared Ownership can work for you too. I’ve pulled out a few listings on MLS that I think would make perfect homes for shared but private living spaces.

Interested? Let’s talk!  Let me set you up with my mortgage broker for your approval. Then let’s get you matched with someone. Then let’s visit these properties.

Let’s chat. I know you can be ready sooner than you think for this.

I am here to help. Contact me:

Phone: 416.509.3286