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Addy Saeed

Billy Bishop Toronto City Airport Making Change: Tunnels, Jets, and Expanded Runways

Due to the close proximity and ease of access to the city, Billy Bishop Toronto City Airport has become a key player in the regional travel market. For this reason, there have been many suggestions over the years as to what can be done to expand the airport, many of which have been declined by the Toronto Port Authority. Ultimately, …

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Over Your Head Because of Overdraft Fees?

What Is Overdraft, Why Can It Help? We may not realize this but banks are profiting greatly from the service charges we incur, and overdraft protection may just be another one of those things separating us from our money. With this said, overdraft can be incredibly useful: it can be used to make-up for financial shortcomings, which ultimate leads to …

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Ripley’s Aquarium of Canada: Summer Opening 2013

Early last year, amid many iconic Toronto structures — the Rogers Centre, the MTCC, the CN Tower, and the thriving Entertainment District — Ripley Entertainment, a member of the Jim Pattison Group, began building their multi-million dollar, world-class aquarium. As originally planned, the Ripley’s Aquarium of Canada is said to be opening its doors this summer. During this time, the city also …

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Finance Minister Still Interfering with the Mortgage Market

Early last month, in the post Hands Off the Interest Rate, Flaherty!, it was mentioned that Finance Minster, Jim Flaherty, has been interfering with the banks in attempt to prevent a rate-fight. While Flaherty’s motives are understandable, the country’s low interest-rates mark an excellent opportunity for investors to cash-in and for individuals to seek revised mortgage loans. In light of …

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First Quarter 2013 – Property Values on the Rise

First Quarter TorontoMLS Results (2013) As of March 2013, the TorontoMLS reported that there had been a total of 7,765  property transactions in the month of March, a figure 17% below March of 2012.  Taking a look back over the last few months, Toronto has seen a 14% decrease in transactions during the first quarter compared to last year.  What …

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Canadian First-Time Home Buyers

According to a recent report from the Bank of Montreal, the average age of a first-time home buyer in Canada is 29.  Of these young home buyers, the majority expect to make a down-payment of approximately $48,000 (roughly one-sixth of a $300,000 home).   These statistics vary by region, province, and city – these are only the national figures.  For provincial …

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Will the Tour Odeon Penthouse Take the Throne as the World’s Most Expensive Apartment?

Is It Just An Incredible Concept? Although the 49-story residential paradise, Tour Odeon, will not be completed until 2014, sales are already beginning to average $7,700 per square foot.  At a height of 170-meters, Tour Odeon will surmount all other structures in Monaco, France except for one, making it the coastline’s second tallest building.  What distinguishes this building from its …

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Australia’s Forte Apartments: The World’s Tallest CTL Building

Introducing the Forte apartments… Centrally located at Melbourne’s Victoria Harbour, this 10-story eco-friendly building has had no problem fitting in.  As the world’s tallest Cross Laminated Timber (CLT) residential building, the Forte apartments have attracted attention from environmental enthusiasts, architects, and designers alike.  The 32-meter structure cost upwards of $11-million to construct but has given the world a stellar example of what …

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Ontario Real Estate Association Making Changes

Bill 28 Passes Second Reading Bill 28, a movement intended to modify the Electronic Commerce Act (2000), carried through its second reading with support from all three parties in the Ontario Legislature.  The Bill seeks to remove the E-Commerce Act’s current exemption for documents that “create or transfer interests in land and require registration to be effective against third parties.”  …

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Anticipating UrtheCast Space Launch

A Closer to Look into the Technology Coined “Google Earth on Steroids” Vancouver’s very own UrtheCast is about to change the way people see the world.  The company proudly announced the launch of the world’s first high-definition video platform of Earth later this year.  Inspired by the “Eagle Cam”, a program dedicated to capturing the life of an eagle’s nest, …

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