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CMHC Increase in Mortgage Default Insurance

Last week the Canada Mortgage and Housing Corp (CMHC) announced an increase in its mortgage default insurance applicable to Buyers who pay less than 10% of the downpayment while purchasing a property. This increase is set to come into effect as of June 1st and does not apply to mortgages currently insured by the CMHC. What is Mortgage Insurance? Much ... Read More »

Toronto Central By-Election Debate

The Toronto Central By-Election Debate is coming soon on November 20, 2013! The Toronto Central By-Election is coming up soon on November 25, 2013 and a coalition of eight residents associations have put together a forum for all candidates to debate and show how they will work for you.  I’m very proud and honored to be working with the Cabbagetown ... Read More »

Aftermath: Basement Flooding in Toronto

Basement Flooding in Toronto

Some time has passed since Toronto homes were awash by nearly 97mm of rain, yet many residents still struggle with what the storm left behind. Although an exact number has yet to be tallied, experts surmise that the insured losses from this storm could well exceed $600-million. If these predictions are accurate, this storm stands a contender against southwestern Ontario’s ... Read More »

2013 Toronto Flood Recap

Although the effects of the 2013 Toronto flood were still not as devastating as the crisis in Calgary earlier this summer, it was still the most significant rainfall Toronto has ever endured — more so than 1954’s Hurricane Hazel. Within a matter of 2-3 hours, downtown Toronto received 97mm of rain; other regions outside of the downtown core, such as ... Read More »

Eight Utterly Obscure Homes from Around the World

We’ve wrangled a list of eight outrageous homes together that can be found around the world. This eclectic mix of photos should prove to be inspiring, should you find your current home a bit dull: Airplanes Benoit, Mississippi resident Joanne Ussery converted this 727 aircraft into her replacement house after a tragic ice storm rendered her homeless. For only $30,000, ... Read More »

Clearing the Air: Kensington Market Walmart

RioCan‘s Senior Vice President of Planning and Development, Jordan Robins, has so-far encountered strong opposition from Toronto residents concerning the installation of a three-storey shopping centre at Bathurst and Nassau. In an attempt to breakdown local misconceptions about the proposed Kensington Market Walmart, Robins announced publicly the socio-economic influences the shopping centre could have, both positive and negative. According to ... Read More »

Get Hungry for July 2013’s Line-Up of Toronto Food Festivals

July 3rd The Sausage League — Round six of Marben‘s Sausage League will be held in the Habord Room, where Parts & Labour will compete to prepare the best sausage dish. A plate of sausage and two beers is $25. Not Far from the Tree — A $25 donation in support of saving fruit in Toronto will buy a ticket to this ... Read More »

Waterfront Toronto’s Corktown Commons Grand Opening

Waterfront Toronto announced the opening of Corktown Commons over the Canada Day long weekend. Designed by Michael Van Valkenburgh Associates, this dual-purpose public park by the foothills of River Street will function both as a recreational, natural-living space as well as a storm-water management system. In light of recent natural disasters, Corktown Commons is an important development for Toronto’s safe keeping. While ... Read More »

Free Toronto Movies All Summer Long! Cult Classics, Award Winners, and All of the In-Between

The rumours are true: free Toronto movies are coming to an outdoor venue near you. Skip the concession stands and box office because this year everyone is invited to pull up a chair and watch these great flicks in the heart of downtown Toronto. Spanning all genres, these movie events cover the acclaimed and the cherished, guaranteeing a film for ... Read More »

Info-Tech Research Group Acquires the Masonic Temple

After MTV Canada announced the relocation of their studio facility to 299 Queen Street West, leaving Toronto’s historic Masonic Temple vacant and vulnerable to destruction, Ontario-based technology firm, Info-Tech Research Group, swooped-in for the purchase at $12.5-million on June 17th, 2013. But this is not the first time the Masonic Temple has exchanged ownership: since its construction in 1918, this ... Read More »