Toronto Ontario Real Estate News & Listings Presented By Royal LePage Real Estate Services Ltd

105 Dinnick Crescent, Toronto, ON

Wed, 03 Feb 2010 20:06:30 GMT

Opportunity To Enjoy This Spacious Lawrence Park Home With South Garden And Concrete Pool This Summer! In Excellent Condition, Perfect For A Growing Family , Newly Designed Kitchen & Reno'd Baths, Traditional With Flare!

Lawrence Park Centre Hall Six Bedroom, 5 Baths, Main Floor Family and Powder Room. Formal Living and Dining Rooms. Redesigned 'Paris' Kitchen. Nanny Suite In Lower Level. Swimming Pool In Inviting South Garden. Phenomenal Space For A Growing Family.

Gas Cooktop, Microwve, G.E. Profile, Maytag Dishwasher, Oven And 2-Door Fridge. Washer, Dryer. Electric Fireplace In Bsmt. Invisible Electric Pet Fencing On Total Periphery. Exclude: D/R & Mbr Crystal Chandeliers.

80 Mathersfield, Toronto, ON

Fri, 08 Jan 2010 23:11:01 GMT

Should I Buy a Home Now?

Tue, 15 Dec 2009 18:22:00 GMT

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don't know where the bottom is until you see it in the rear view mirror, meaning until you've missed it!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have gone up in the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.