Real Estate By Didem

This might be useful to understand the impact of the new mortgage rules on your buying power

August Market Stats are out! Now it's onto the fall market! The market is back, and new listings are flying onto MLS! Are you looking to make a real estate investment or find your dream home? Call me today and ask about my special fall cashback offer!

The slow summer market is upon us, and while the market still continues for both houses and condos, the housing market in particular feels a bit quiet these days. The summer is also when a lot of future buyers start their home search, or at least start looking at listings online, getting mortgage pre-approvals, and reaching out to real estate agents. I think 2016's "magic number" is $350,000 because believe it or not, there are still properties in and around the $350,000 mark.... You technically can get properties for less, but you probably won't like what you find. It's amazing how many different styles, layouts, and features you can get for the same price. All great investments with the potential of rental income too. If you are wondering what they look like, here are a few pics of some of the options currently out there... - A One-Bedroom St. Lawrence Market condo - $345,000. - A beautiful Liberty Village condo: One Bedroom + Den - $355,000. - A 1-bedroom Rosedale Valley condo at Bloor & Mt. Pleasant - $368,888.