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Toronto has shown incredible strength, and growth, in the past few years. In 2018, Toronto was named the 4th most liveable city in the world, and the fastest growing city in North America. Backing up those claims is the number of cranes that are up and working hard in Toronto… 120 as of July 2019. This is more than double the number of cranes in any other North American city.So what’s all the ...

ImmigrationIf you are relocating to Canada for your employer, you will need to apply for permanent residency. This is a fairly fast process (in comparison to some countries), and can take just a few months once the initial application has been submitted. The higher your Comprehensive Ranking Score (CRS), the faster the process. The CRS is based on many factors, some of which include having ...

There has been lots of talk surrounding the mortgage “Stress Test” that took effect January 1, 2018. The test requires that all homebuyers requesting a new mortgage (regardless of putting 20% down) prove that they can actually afford the prime rate set by the Bank of Canada. For uninsured home buyers (those with a down payment of 20% or more) the minimum qualifying rate is based on either the ...

Real estate in Toronto is a great investment. Property values remain strong, and demand shows no sign of faltering.June 2019 saw a total of 5,907 active listings in Toronto, compared with 5,748 last June (up 2.77%). Slightly up, but we honestly thought this would be higher. June 2019 had a total of 3,201 sales, compare with 3,073 in June 2018 (up 4.17%). Again, upward trend. What is more inte ...

No matter the circumstances, moving to a new house or apartment can be overwhelming and stressful. But with proper planning and preparation, you can help make moving to Toronto this summer just a little bit easier for yourself and your family. Summer is the ideal time of year to plan and execute your move for a number of reasons. The warm temperatures make transporting all of your precious ...

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. On July 1st, we celebrate Canada’s birthday.July 1, 1867 marked the day the British North America Act (now known as the Constitution Act) was enacted. On that day, Canada became its own country, within the British Empire. At the time, there were only three ...

New to Toronto? On a Toronto work assignment and want to see the sights? Visiting Toronto and the GTA? The Greater Toronto Area has some spectacular things to see and do. In our “Visit” series, we will focus on some of the great day-trips to take to get to know your new hometown.Pinery Provincial Park is a beautiful park located on Lake Huron, close to Grand Bend. A total of over 6,000 acres ...

Toronto is certainly well known these days thanks to the Toronto Raptors (we the north!). In 2018 Toronto was also named the 4th most liveable city in the world (this doesn’t shock us). But a recent statistic has shocked us, in the most positive of ways… Toronto is the fastest growing city in North America! That’s right, fastest in Canada AND the United States.With a current population of app ...

One of the many factors that impact real estate in Toronto is mortgages. So we were excited to see that mortgage rates in Canada are the lowest since 2017. Are rate cuts coming? Let’s explore:Looking at interest rates in greater detail, it’s clear we don’t need to fret about the rates. The key interest rate is currently holding at 1.75%, a decision announced by the Bank of Canada on May 29, 2 ...

If you are interested in buying a condo in Toronto as a first time home buyer or a real estate investor, and are buying pre-construction or an assignment, then “condo registration” is important for you. What is condo registration all about, exactly?So you bought a condo pre-build. Now that the building is nearing completion and you are able to move into your unit, there is one major thing you ...