Blog

The Toronto real estate market is very healthy. The cost of Toronto area re-sale homes has risen consistently for the past 10 years, especially condos. Unfortunately, what this results in is lack of rental options at an affordable price. Having said that, we believe that buying is still an option for many that believe they simply can't buy. Let’s do some comparisons to explain.2 Bedroom Condo ...

When work whisks you away to an unfamiliar city, sometimes it’s best to just go with the flow and try to make the most out of the situation. As a young professional or entrepreneur, moving to Toronto offers endless previously untapped or inconceivable opportunities to help you advance your career. Toronto is a vibrant and culturally diverse city. Each borough has its own unique set of ...

There may come a time after you’ve lived in your house for a while that you discover something wrong with it. At that point, you may be upset or dis-appointed that your home inspection did not reveal this issue. There can be a number of reasons why the home inspection did not find it.Intermittent or concealed problemsSome problems can only be discovered by living in a house and will never be ...

Should we say yes?Many people have seen ads depicting the benefits of a reverse mortgage for seniors. The message tells seniors that this type of loan allows them to remain living in their home while at the same time enjoying the home’s equity. It’s billed as financial freedom without the stress of moving or downsizing. What is a reverse mortgage? In a nutshell, if you are 55 or older, you ca ...

Faster and smarterOwning a home is an investment that can garner a substantial return on investment when you sell your home. But, owning a home can also enable ou to finance some of life’s unexpected (or expected) expenses - such as a new car, kids’ university education, or reducing high-interest debts with a consolidated loan.Homeowners in need of extra financing can use the equity in thei ...

Advantages of both house and apartmentIn the currently high cost housing market, it is becoming in-creasingly harder for buyers especially those with young growing families to find exactly what they want in a home. Prices for detached, semi-detached and even freehold town-homes have climbed significantly in recent years, making them an unaffordable option - therefore forcing buyers towards th ...

The housing market in the GTA showed a sales growth of 22 per cent year-over-year, in September. Much of this growth came from a sharp rebound in sales of detached homes, which were up by 29 per cent versus September 2018. However, the Toronto Real Estate Board (TREB) notes that sales with 7,825 transactions remain below the record September 2016 peak of more than 9,800 sales. And the continu ...

Whether you’re coming from a different country, province, territory, or city, moving to Toronto is an adjustment for everyone. But it can also be very rewarding given the fact that the city has a lot to offer. Like anywhere else, there are a lot of benefits to living in Toronto, some of which may be more worthwhile than others depending on your perspective and personal preferences. If ...

At MAC Real Estate, “it’s not business... it’s personal”. The success of MAC Real Estate is due to Canada’s freedom and peaceful existence. Freedom which would not be a reality without the men and women who sacrificed their lives in the name of peace and freedom. For that, we remember.In Flanders fields the poppies blowBetween the crosses, row on row,That mark our place; and in the skyThe larks, ...

MAC Real Estate Services has been operating for 30 years now. We have seen and heard it all. One of the top questions we are asked is: “when is the best time to buy?”. NOW, and here’s why: The Toronto Real Estate Market is very stableHave there been ups and downs in the market? Well, yes. Have they been the dramatic, sky-is-falling, bubble-bursting downs that some people claim are coming? Ab ...